Business
Arctic awarded Best Thermal Solutions Partner by Vertiv
Sri Lanka’s leading Data Center cooling specialist – Arctic (Pvt) Ltd was awarded the Best Thermal Solutions Partner for Sri Lanka by Vertiv Co., the global leader in precision air-conditioning systems. The award was presented at Vertiv’s recently held Annual Partner Sales Conference in Dubai recognizing Arctic’s invaluable contributions to the data center industry in Sri Lanka. Arctic (Pvt) Ltd has been Vertiv’s sole authorized partner for over 3 decades promoting Liebert Precision Air Conditioning systems in Sri Lanka. Chamila Premaratne – Director, Arctic (Pvt) Ltd. participated in the Dubai event and received the award on behalf of the Arctic team. Chamila started his career at Arctic as an Engineer growing to the current position as Director, having vast experience in implementation of thermal solutions adhering to world-class international standards across multiple critical data centers in Sri Lanka.
“We are delighted to have been bestowed this award by Vertiv recognizing our skills and commitment to providing state-of-the-art thermal cooling systems to critical installations such as data centers which are the backbone of many 24×7 business operations including banks in Sri Lanka. We have successfully installed over 1000 precision air-conditioning systems across Sri Lanka to cool the country’s most critical data centers since our inception in 1985. I also would like to thank Vertiv for their continued support through thick and thin especially during the COVID period,” said Chamila Premaratne – Director, Arctic (Pvt) Ltd.

Chamila Premaratne receiving the award from Reginald Borges, Director-International Business at Vertiv
“We expect that in the next few years, Sri Lanka will transform into a data-driven digital economy that will cater to domestic and international consumers. With the advancement of AI, all aspects of society will become more data-driven, resulting in the expansion of data centers across the globe, with new trends such as liquid cooling which are set to create new benchmarks in the Data center industry,” he added.
“We continue to be committed to working with Arctic in Sri Lanka. Our collaboration aligns with our mission to deliver high-quality products combined with Arctic’s high-quality service and support to our customers, thereby ensuring seamless operations and reliability,” mentioned Reginald Borges, Director-International Business at Vertiv.
The Chairmen of Arctic (Pvt) Ltd Aravinda Amarasinghe and late Director A. K. Hemakumara, played a critical role in paving the way for the company to be accepted as the industry leader it is today. Arctic (Pvt) Ltd would also like to thank its past and present employees for their unwavering contributions which have paved the way for its success.
Business
Ceylinco Life agent among three global finalists for award
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.
Business
CEAT Kelani retains AA+ rating for sixth year
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.
Business
Rivon Agriglobe introduces ZETOR tractors, Rover e-bikes
Rivon Agriglobe and Rivon Lanka, affiliated with Celogen Lanka, Assidua Technologies and Kelun Lifesciences, have introduced ZETOR and Agriglobe tractors, the Z-Tukoba power tiller and Rover electric motorcycles to the Sri Lankan market.
The new range was launched at a special event held on September 4 at the Sannasa Hotel in Dambulla, attended by more than 120 dealers from across the country.
The event was graced by Nalin Welgama as Chief Guest, together with Rishi Kumar, Managing Director; WH Roshan, Finance Director; Sadish Kumar, Director; Sumith Nandana, General Manager; Suresh Dhammika, Head of Sales; and Jayasuriya, Operations Manager.
The agricultural machinery range includes the 50-horsepower ZETOR HORTUS 50 and Agriglobe 50 tractors and the Z-Tukoba power tiller, offering what the company described as European-engineered technology for Sri Lankan farmers.
The launch also featured the recognition of Rover E-Bike dealers, highlighting the company’s efforts to expand its island-wide dealer network and promote electric mobility.
The companies said the new models would be available through their growing dealer network across Sri Lanka, providing customers with access to agricultural machinery and electric motorcycles.
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