Business
Auto Direct introduces Sri Lanka’s first Nissan Tekton
Auto Direct has introduced the Nissan Tekton to the Sri Lankan market, becoming the first to bring the new SUV to the country.
The Tekton will be available through Auto Direct in both manual and automatic variants, with the T160 manual range starting from approximately Rs. 10.49 million and the T280 DCT automatic range starting from approximately Rs. 16.69 million.
The first vehicle imported by Auto Direct is the Nissan Tekton Tekna+ T280 DCT, powered by a 1,333cc turbocharged petrol engine producing approximately 161 bhp and 280 Nm of torque, paired with a six-speed wet-clutch dual-clutch transmission.
The introduction comes as Sri Lankan buyers regain access to a wider range of new vehicles following the reopening of imports, with price, technology, safety, comfort and long-term ownership support increasingly shaping purchase decisions.
“Sri Lankan buyers are returning to the market with a much clearer understanding of what they expect from a new vehicle. Price remains important, but customers are also looking closely at technology, safety, comfort and the overall ownership experience. The Nissan Tekton brings these elements together in a well-rounded SUV that we believe is particularly relevant to the Sri Lankan market,” said Dilum Rathnayaka, Managing Director of Auto Direct.
The range-topping Tekton Tekna+ combines advanced technology, comfort and safety features, including an electric panoramic sunroof, six-way electrically adjustable and ventilated front seats, a 10.1-inch Tek-Link HD infotainment system, a 10.25-inch HD digital cockpit, Google Built-in with Google Assistant and Google Maps, wireless Apple CarPlay and Android Auto connectivity, and a 3D Intelligent Around View Monitor with a 360-degree camera. The SUV also features six airbags with advanced driver-assistance technologies, 18-inch diamond-cut alloy wheels, 48-colour ambient mood lighting, dual-zone automatic climate control and a powered tailgate, offering a premium driving experience for modern SUV buyers.
These are supported by driver-assistance technologies including adaptive cruise control, automatic emergency braking, lane-departure warning, lane-keeping assistance, blind-spot assistance and driver-attention warning.
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
Commercial Bank leads nationwide aquatic clean-up drive
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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