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Bread, buns, Parata and Koththu to cost more

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Wheat flour over Rs.360/- per kilogramme

By Claude Gunasekera

A heavy shortage of wheat flour is experienced all over the country, including at Sathosa & Co-operative outlets, and the retail price is increased overnight in Colombo. Wheat flour is now sold at Rs.360/- per kilogram, while branded 1 kg packs remain at the same price, around Rs.400/-. Sathosa sells 1kg branded packs at Rs.375/- and most supermarkets sells a Prima branded 1kg pack at Rs. 415/-. Meanwhile, some bakery owners and street hotel owners cautioned that they would be compelled to increase the price of bread and other bakery products, including Parata & Koththu roti, if they are to buy wheat flour at the increased price.

The two major companies engaged in the business of wheat flour; Prima Ceylon (Pvt) Ltd and Serendib Flour Mills (Pvt) Ltd confirmed they have not increased prices. They said their wholesale prices remain as earlier and the retail price recommended by both companies is around Rs.280/- per kg, although there is no government-initiated controlled price. However, both companies are not fulfilling even 60% of the market demand, thus, providing space for other imported brands to fill the gap. Prior to the dollar crisis Prima had been catering to about 75% and Serendib about 25% of the market. Both companies are bound to restrict their production, given the constraints regarding foreign currency to import grain.

Meanwhile, it was observed that both wheat flour giants are seriously concerned about their industrial supplies, in addition to the overall short supply. This could lead to a scarcity in the general consumer trade segment. Some traders have taken this cavity as an opportunity to import wheat flour and play an irrational pricing game in the trade. In between it was also observed that certain retailers who buy from Prima and Serendib sell at a higher price.

Consumers said that they are compelled to buy at the prevailing price since their need is urgent, but complained that the Government Consumer Protection Authority has to take action to control price increases. A Prima distributor said they sell 50kg bulk wheat flour at Rs.13,500/- to wholesalers. Other importers have no fixed wholesale price but they sell at various prices with the final price being fixed by themselves at Rs. 360/-.



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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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Rivon Agriglobe introduces ZETOR tractors, Rover e-bikes

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Chief Guest Nalin Welgama (left) lighting the traditional oil lamp at the event

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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