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David Pieris Group takes Go-Karting to North & East

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An event centered around Go-karting was organized recently by the David Pieris Group (DPG) in the Northern and Eastern Provinces providing an opportunity for the community, mainly for the youth, to witness and experience motorsports. This event was also intended to support the tourism industry in these two regions.

A mini go-karting track was set up and managed in each region for two days in Marine Square, Kattankudy & Pannai Road, Jaffna by David Pieris Racing and Leisure (Pvt) Ltd. The event in each region included demonstration races, instructional videos and opportunity for riders to share their experience with those present at the location. More than 400 people participated in both Kattankudy and Jaffna.

A limited over Cricket Tournament between DPG and Kattankudy Community titled, “DPG Eastern Province Cricket Fiesta” too was held at Shivananda Grounds in Kallady parallel to the Go-karting event. Trophies were awarded for the Champions, Man of the Match, Best Bowler, Best Batsman, etc. The cricket tournament which resulted in community engagement and teamwork concluded on a high note with the participation of Senior Management of the David Pieris Group.

In 2022, DPG launched a special programme to widen the Group’s footprint in the Northern and East Provinces. The trade associations in the two provinces came forward to support these efforts and to facilitate the DPG offerings to the existing and potential customers. Further, 20 members from the Batticaloa and Kattankudy Trade Associations recently visited the DPG offices in Colombo and their Facilities Complexes, the newly opened Pearl Bay at Bandaragama and the SpeedBay at Port City Colombo. This two-day tour provided the team with in-depth exposure to the Group’s portfolio of business and road map for the coming years.

A year ago, DPMC Workshop Jaffna, a vehicle service and maintenance facility as well as a Bajaj Genuine Spare Parts Outlet were setup in Kokuvil, Jaffna. A programme was conducted to educate and create awareness about road safety and discipline with the support of Traffic Police Officers in the Jaffna Region by Assetline Finance Ltd; the financial services arm of the David Pieris Group. The Group also conducted a women empowerment programme under which technical training in Bajaj three-wheeler and motorcycle repairs and a NVQ4 (National Vocational Qualification) level certificate were offered. Some of the participating women are already working in vehicle service centers.

The Group, as their next step, plans to conduct an entrepreneurship training workshop coupled with an environmental conservation programme under their Northern and Eastern Province Development Programme. The Group will continue to contribute towards the enhancement of the economy in these two regions.



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Business

Ceylinco Life agent among three global finalists for award

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Ceylinco Life’s Ambalantota branch agent AIP Manjula

Ceylinco Life’s Ambalantota branch agent AIP Manjula has been named one of three global finalists for the prestigious Insurance Agent of the Year award at the 11th Asia Trusted Life Agents & Advisers Awards (ATLAA) 2026.

The recognition places a Sri Lankan insurance professional among the finalists in a regional field spanning South Asia, Southeast Asia, East Asia and the wider Asia-Pacific region.

Ceylinco Life said the achievement reflected the calibre and customer-focused approach of its agency force, while recognising Manjula’s professionalism and commitment to policyholders.

The award evaluates insurance agents on criteria extending beyond sales performance, including ethical conduct, client service, policy persistency, digital adoption, innovative practices and contributions to the insurance industry and community.

The awards are organised by Asia Advisers Network and Asia Insurance Review, with LIMRA as co-organiser. An independent judging and balloting process is monitored by KPMG as the official scrutineer. The judging panel comprises senior insurance executives, association presidents and industry experts from across the Asia-Pacific region.

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CEAT Kelani retains AA+ rating for sixth year

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CEAT Kelani Holdings (CKH) has retained its National Long-Term Rating of ‘AA+(lka)’ with a Stable Outlook from Fitch Ratings for the sixth consecutive year, reflecting the company’s financial resilience and leading position in Sri Lanka’s pneumatic tyre market.

The ‘AA+(lka)’ rating, the second-highest on Fitch’s national scale, indicates a very strong capacity to meet financial commitments.

Fitch said CKH’s established market leadership and resilient financial profile remained key strengths, while noting its exposure to price-sensitive, cyclical and highly competitive markets.

The Stable Outlook reflects expectations that the company will maintain its market position despite rising input costs and increasing competition from imported tyres, while preserving adequate credit metrics during periods of weaker earnings and higher investment.

Fitch expects CKH’s established brand, extensive dealer network and adaptive pricing strategies to support its market position. Planned production facility upgrades are also expected to improve product quality, particularly in the radial tyre segment.

The rating agency expects near-term pressure on margins from higher raw material and energy costs but said the company’s low leverage and sound liquidity would provide a cushion.

CKH Chairman Chanaka De Silva said the rating reinforced the company’s focus on disciplined financial management, operational adaptability and long-term investment.

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SLT-MOBITEL Enterprise launches Premium Cloud

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Riyaaz Rasheed, CEO, SLT-MOBITEL, and Faiz Shakir, VP Sales – Nutanix, Southern Asia, unveil SLT-MOBITEL Enterprise Premium Cloud Powered by Nutanix to support enterprise digital transformation

SLT-MOBITEL Enterprise, the enterprise services arm of Sri Lanka Telecom PLC, has launched its Premium Cloud service powered by Nutanix, aimed at helping Sri Lankan businesses modernise their IT infrastructure and accelerate digital transformation.

The service was unveiled at the Lanka Tech Summit 2026 held recently at ITC Ratnadipa, Colombo.

The Premium Cloud combines hybrid multi-cloud capabilities with enterprise-grade performance, enabling businesses to run mission-critical workloads, scale cloud deployments and strengthen business continuity through disaster recovery capabilities.

Hosted on SLT-MOBITEL’s Tier III data centre infrastructure, the platform is designed to provide enhanced security, reliability and flexibility while supporting the growing technology requirements of enterprises.

SLT-MOBITEL Enterprise said the platform would also support organisations seeking to adopt AI-ready capabilities and improve the management and performance of IT workloads.

A key feature of the launch was SLT-MOBITEL Enterprise joining the Nutanix Elevate Service Provider Program (NESPP), which the company said made it the first service provider in the region to join the programme.

Powered by Nutanix’s hybrid multicloud platform, the service enables application and data mobility across on-premises environments, public clouds and edge locations.

The company said the partnership combined Nutanix’s cloud technology with SLT-MOBITEL’s local expertise and support, strengthening its multi-cloud portfolio.

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