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CINEC introduces foundation program leading to an intl degree

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CINEC now offers a six-month foundation program leading to International BSc Degree, a press release said.

It said: The students need not have to pass any subjects at their G.C.E. (Advanced Level) Examination. If students have 5 Credits in their G.C.E. (O/L) includes 2 Credits for English, Mathematics or Science in one sitting and has sat for A/L in any stream namely, Science, Commerce, Technology or Arts. In the past, students those who fail the G.C.E. (Advanced Level) Examination should re sit the examination in the following year. Some students are unable to pass the 3 subjects even in the second or third attempt and very crucial time in their life is wasted. Accordingly, the academic process during the two years in the G.C.E. (Advanced Level) is given due recognition when enrolling students for CINEC Foundation Program. The foundation program replaces need the students be qualified in the G.C.E. (Advanced Level) Examination and provides sufficient knowledge to bridge the gap. It contains degree relevant subjects such as Transport Management, Logistics & Supply Chain Management, Economics, Concepts of Information and Communication Technology, Mathematics, Business Statistics, English language, and Fundamentals of Management.

Other advantage is that students, irrespective of the stream they followed in their Advanced level classes, CINEC foundation links them to a science degree which is a rare opportunity. Although the subject selection in the G.C.E. (Advanced Level) should be a learned decision, there are students/parents who make a misjudgement when selecting the subject stream in the G.C.E. (Advanced Level) due to poor SWOT (Strengths, Weaknesses, Opportunities, and Threats) analysis. Unless students carry out a systematics SWOT analysis and to identify the academic strengths and weakness of following intended subjects under respective streams it may create a lifelong barrier in the progression path both academic and professional. It is a known fact that some students follow commerce or art subjects in their A.L. despite having required minimum qualification to follow the science stream due to possible advantages in the state university selection process. In a summary, CINEC foundation program helps students in many ways. Primarily, it eases the fundamental barrier to enter to a university without 3 simple passes at G.C.E. (Advanced Level) examination. Secondly, it opens the door to a science degree for students even who followed subjects in commerce, arts or technology streams. Also, the subject program is an engineering degree but even students who followed biological science at their G.C.E. (Advanced Level) can join the BSc International Transportation Management and Logistics offered by CINEC. CINEC presently conducts a research under the World Bank grants about “Development of a Mechanism that leads to a Psychological Paradigm Shift in students’ Demand and Enrolment for various academic disciplines in the Tertiary Education in Sri Lanka”.



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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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