Business
Dialog Announces Strategic Partners for Groundbreaking National Innovation Challenge
Dialog Axiata PLC, Sri Lanka’s premier connectivity provider, proudly announced its esteemed partners of the Dialog Innovation Challenge, an initiative towards developing scalable, innovative digital solutions that can spearhead nation-wide digital transformation.
The recent partner induction marks a significant milestone in this national endeavor, fostering collaboration across various sectors. The Information and Communication Technology Agency (ICTA) assumes the role of National Technology Partner, anchoring the challenge’s technological foundation. Joining forces as Technology Ecosystem Partners are The Institution of Engineers, Sri Lanka (IESL), The Sri Lanka Inventors Commission (SLIC), and The National Innovation Agency (NIA). As Business Knowledge Partners, the Ceylon Chamber of Commerce (CCC), Sri Lanka Institute of Marketing (SLIM), and Digital Marketing Association of Sri Lanka (DMASL) bring unparalleled industry insight to the initiative.
Speaking on the partnership, Prof. Malik Ranasinghe, Chairman of The Information and Communication Technology Agency said, “On behalf of ICTA, we’re delighted to partner with Dialog in the Innovation Challenge. Whether in the private or public sector, we believe in collaboration for positive outcomes. The National Fuel Pass initiative exemplifies our successful partnership with Dialog in the past. We wish Dialog success in reaching and engaging a large number of Sri Lankans in this national endeavour. ICTA is committed to supporting Dialog and the national community to ensure the success of this initiative”.
Commenting, Supun Weerasinghe, Group Chief Executive of Dialog Axiata PLC said, “We are thrilled to embark on this transformative journey with our esteemed partners for the National Dialog Innovation Challenge. In collaboration with our partners, we are set to drive digital innovation across Sri Lanka. This strategic partnership is a testament to our commitment to shaping the nation’s digital future. Together, we invite all Sri Lankans to join us in this pioneering initiative, as we harness the power of technology to create positive change for individuals, businesses, and communities nationwide”.
The Dialog Innovation Challenge invites all Sri Lankans to contribute to the country’s digital future. Individuals and teams are encouraged to submit innovative solutions leveraging technologies like AI, machine learning, IoT, blockchain, and more. With a generous prize pool of Rs. 5 million and opportunity for selected winners to pitch for a part of the 500Mn DIF (Dialog Innovation Foundry) investment fund, mentorship, and access to Dialog’s innovation ecosystem, participants have a unique opportunity to propel their ideas forward.
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.
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