Business
CSE collaborates with CFA Society Sri Lanka as Platinum Partner
Colombo Stock Exchange (CSE) once again extended the partnership agreement to CFA Society Sri Lanka as a Platinum Partner for the 7th consecutive year in a bid to broaden its collaborative and industrial reach.
The sponsorship cheque was presented to Aruna Perera, CFA, President of CFA Society Sri Lanka, by the Chairman of the Colombo Stock Exchange, Dilshan Wirasekara, in the presence of Ms. Rashmi Paranavitane, CFA, Vice President of CFA Society Sri Lanka, Travis Gomes, CFA, Director, CFA Society Sri Lanka, Rajeeva Bandaranaike, CEO, CSE, and Aruna Alwis, CEO, CFA Society Sri Lanka,
Welcoming the continued partnership with CSE, Aruna Perera, CFA, President of CFA Society Sri Lanka, remarked that it was indeed a pleasure for CFA Society Sri Lanka to have the support of the Colombo Stock Exchange to complement its development activities. “I am very pleased to continue our partnership with CSE as a Platinum Partner, and I believe this partnership will tremendously benefit both organizations alike,” he said. Aruna Perera, CFA, also noted that having the continued support of CSE is also an endorsement of the CFA Society Sri Lanka’s mission of upholding the ethics, education, and professional excellence in the investment industry of Sri Lanka.
Expressing his views on the partnership, the Chairman of the CSE, Dilshan Wirasekara, stated, “We are pleased to extend our long-standing partnership as a Platinum Partner with the CFA Society Sri Lanka, a leading professional association for Investment and Finance professionals globally with strong ethics and governance principles.
As the stock market operator in Sri Lanka, we are constantly dedicated to building and engaging partnerships with global institutions to strengthen the exposure of the Sri Lankan Capital Market. We trust that this partnership will promote growth and development of the Sri Lankan Capital Market.”
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
Rivon Agriglobe introduces ZETOR tractors, Rover e-bikes
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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