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Munchee crowned Best Sri Lankan Brand Exporter of the Year at NCE Export Awards

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Munchee has been able to achieve this excellence due to its continuous commitment to superior quality, in every product and process, Ceylon Biscuits Limited, Director International Sales, Nadeeja Karunathilaka said

Munchee the flagship brand of Ceylon Biscuits Limited (CBL) was crowned ‘Best Sri Lankan Brand Exporter of the Year” at the 29th Annual NCE Export Awards 2021, held recently in Colombo. Munchee is the largest biscuit exporter in Sri Lanka reaching over 65 countries, in every continent, across the world with its quality focused range of biscuits.

The NCE Export Awards recognises and rewards outstanding performance of Sri Lankan exporters in the global market. Organized by the National Chamber of Exporters of Sri Lanka (NCE), the ceremony was held under the theme of Rise, Rebuild & Regain. CBL also won the Gold Award for the Most Outstanding Exporter in the large scale confectionery sector.

The eminent judging panel of the NCE Export Awards comprised of independent professional judges assisted by a separate Technical Committee and the world renowned Audit firm Ernst and Young. The NCE Awards recognize outstanding exporters who set the bar for the industry through exemplary business practices and, are notable contributors towards the industry and the national economy. The awards are highly competitive and winners are selected based on stringent evaluation processes to recognize companies and brands at the helm of the exports sector.

Commenting on the occasion, Ceylon Biscuits Limited, Director International Sales, Nadeeja Karunathilaka noted: “We are delighted about winning Best Brand Exporter of the Year Award, and the coveted gold award as the Most Outstanding Exporter in the Large Scale Confectionery sector. Despite many challenges that prevailed both locally and globally during the past two years, Munchee has been able to achieve this excellence due to its continuous commitment to superior quality, in every product and process, to create enriching moments for its consumer. This has enabled Munchee to take the highest quality of confectionery products, made in Sri Lanka, to the world. Sri Lanka’s traditional exports such as tea, rubber, gems and apparels have garnered substantial demand in the global market, and we are truly pleased that a non-traditional product such as biscuits has taken the global limelight and is competing on par with our export giants.”

CBL and its brand Munchee have been significant exporters of confectionery since the company began exporting its products in 1970. Since its roots in 1968, CBL Group has grown to become one of the largest food manufacturing conglomerates in Sri Lanka. CBL has taken strategic steps to cater to growing demand from export markets for its products in the face of future challenges. It is the only biscuit manufacturer to have established a dedicated production facility in the BOI Seethawaka Export Processing Zone to cater to growing export demand for Sri Lanka’s Munchee brand.



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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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