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Browns Pharmaceuticals partners with DFCC Bank and Market-Oriented Dairy to empower local entrepreneurs

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L-R: Ann Silva - Senior Legal Officer, General Legal - DFCC Bank, Buddika Chamara - Assistant Manager- MSME Product & Project Development – DFCC Bank, Chandana Wanigasena - Vice President of MSME – DFCC Bank, Anton Arumugam - Senior Vice President of Offshore Banking, Remittances & Business Development – DFCC Bank, Mangala Wijesinghe - Cluster Chief Operating Officer – Pharmaceuticals, Consumer & Integrated Engineering Solutions – Brown and Company PLC, Sasanka Silva - Chief Manager – Dairy and Distributor Operations, Brown and Company PLC, Vishwa Prabhath - Deputy Manager – Business Development & Products, Brown and Company PLC.

In keeping with its vision of fostering the growth of Sri Lanka’s dairy sector, Browns Pharmaceuticals recently collaborated with DFCC Bank PLC and Market-Oriented Dairy (MOD) through its innovative ‘Kiri Wyawasabhiman’ Loyalty Program. This trifold partnership aims to support dairy entrepreneurs across the nation during challenging times by offering seamless access to essential products and services, along with various concessions and customised financial products.

Through its Micro, Small and Medium Enterprise (MSME) scheme, DFCC Bank will afford dairy entrepreneurs a host of exclusive benefits such as special interest rates, flexible payment schemes and discounts on drugs, medicine and machinery from Browns Pharmaceuticals along with capacity development programs that will aid and deliver 360-solutions to foster business growth.

The MoU stands out with its ternary approach, combining Browns’ 150-year legacy of trust, island-wide network, and inimitable after-sales service with DFCC Bank’s expertise in MSME financing within the agriculture sector and its dynamic financial product portfolio. Alongside MOD’s credibility and resources, this collaboration creates a robust launchpad for dairy entrepreneurs to thrive.

Cluster Chief Operating Officer – Pharmaceuticals, Consumer & Integrated Engineering Solutions, Browns Group, Mangala Wijesinghe stated, “This dynamic partnership between DFCC Bank and MOD aligns with Browns Pharmaceuticals’ vision of amplifying the nation’s dairy sector by offering solutions that are not temporary, but long-lasting and impactful. We at Browns, remain committed to the market’s growth and sustainability while looking forward to seeing the benefits of this MoU come to fruition.”

A strategic business unit of Brown and Company PLC and backed by a 150-year-old heritage of trust, Browns Pharmaceuticals commenced its operations in 1990 to offer all-inclusive solutions to advance animal health in Sri Lanka. As the industry leader for biological products in the country, its four main market segments include aquaculture, companion animals, poultry and dairy.



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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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Commercial Bank leads nationwide aquatic clean-up drive

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Sanath Manatunge, Managing Director/CEO of Commercial Bank and some of the Bank’s staff participating in the coastal cleanup programme

Commercial Bank of Ceylon mobilised employees, customers, volunteers and community members for a nationwide coastal and aquatic clean-up campaign across 20 locations on September 19 to mark International Coastal Cleanup Day 2026.

Conducted under the bank’s sustainability platform, themed ‘Forward Together for a Cleaner Future’, the initiative covered 16 coastal locations and four inland waterways, bringing together stakeholders for a coordinated environmental conservation effort.

The flagship programme was held at Mount Lavinia Beach, with additional activities at Wellawatte and Galle Face beaches. Similar initiatives were conducted by the bank’s regional offices at locations including Kalutara, Negombo, Trincomalee, Batticaloa, Puttalam, Jaffna, Galle, Dondra, Tangalle and along the Mahaweli River.

Employees, management, Future Force volunteers, customers and their families participated alongside the Marine Environment Protection Authority (MEPA), United Nations Global Compact Network Sri Lanka, government and local authorities, environmental organisations and community members.

The bank said the initiative reflected its commitment to water stewardship after adopting Sustainable Development Goal 6 — Clean Water and Sanitation — as a priority goal in 2025.

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