Business
A lifetime of ceaseless commitment gets international recognition
In recognition of her contribution to the cause of women entrepreneurship not just in her country, but across South Asia. Sri Lanka’s Rezani Aziz was presented with the prestigious ‘Priyadarshini Lifetime Achievement Award’.
It was presented at the conclusion of the 6th International Conference organized jointly by the Federation of Indian Women Entrepreneurs, Ministry of MSME, Government of India and Institute of Studies in Industrial Development (ISID), last week in Delhi.
The award was in recognition of Aziz’s efforts and contribution toward regional participation and collaboration of women entrepreneurs through regional organizations of SAARC. She is founding Secretary and member of SAARC Chamber Women Entrepreneur Council (SCWEC) and country president of the global Association of Business Women of Commerce and Industry (ABWCI).
Her contributions have been manifold; Aziz led the founding of SAARC Chamber Women Entrepreneur Council in 2001 for the Women’s Chamber of Industry and Commerce Sri Lanka, under the aegis of SAARC and created an umbrella organization for South Asian women business associations. She is the founding Chief Executive and Director of Adfactors Public Relations Lanka, a leading PR firm with an impressive client roster. Recently, the firm introduced an all-new Strategic Communications practice, involving policy advocacy campaigns towards public reform.
In 2012, she was appointed a steering committee member of South Asian Women’s Entrepreneurship Symposium, a programme supported by the US Department of State to accelerate US Government’s ‘New Silk Road’ goals of enhanced regional and economic integration of women across South Asia. She is a member of the US Vital Voices Global Partnership.
The Priyadarshini Award was established in 1995 under the chairmanship of Small Industries Corporation, MSME Ministry of the government of India, Small Industries Development Bank of India, Department of Women and Child Welfare and the Federation of Indian Women Entrepreneurs. The prestigious award is given to outstanding women achievers in promoting women entrepreneurship in India as well as SAARC.
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.
-
News6 days agoHatton youth protest against reported death sentence for Lankan in Saudi Arabia
-
News4 days agoMastermind Naufer Moulavi among 15 found guilty
-
News5 days agoProtest against setting up of cement factory in highly populated area near BIA
-
News6 days agoMahaweli rises as heavy rain triggers flood, landslide fears
-
Latest News7 days agoLandslide Red Alerts issued to the districts of Kandy, Kegalle and Nuwara Eliya
-
Midweek Review4 days agoThileepan’s fast unto death: An authentic narrative that many missed
-
Editorial4 days agoBig Bad Bills
-
Latest News3 days agoShowers above 100 mm are likely at some places in the Western, Sabaragamuwa, Central and North-western provinces and in Galle and Matara Districts
