Business
Dialog Axiata partners SLIIT to host ‘Industry Symposium 2023’
Sri Lanka’s premier connectivity provider, Dialog Axiata PLC together with the Engineering Faculty of the Sri Lanka Institute of Information Technology (SLIIT) hosted ‘Industry Symposium 2023’ at the SLIIT campus premises in Malabe.
This event aimed to bring together pioneers from various industries to discuss and explore current industrial challenges and to create an environment for effective collaboration with academia, for the purpose of developing new and innovative solutions. Zone 24×7, Meu Labs, ACL Cables, LTL, MIDAS, MAS, Magicbit, Divor Automation, and FIMER joined hands with Dialog for the symposium where academics and experts shared their insights and brainstormed on possible solutions for the numerous challenges faced by the industry, due to current economic condition.
Commenting, Anthony Rodrigo, Group Chief Innovation Officer & Chief Architect of Dialog Axiata PLC said, “Being at the forefront of innovation and technology, we at Dialog are committed to empowering the next generation of innovators by creating a culture of creativity and collaboration. ‘Dialog Future Zone’ innovation centres at 12 leading Sri Lankan universities, provide a platform to develop innovative, cost-effective solutions to real-world problems. We firmly believe that it is our responsibility to equip the next generation with the tools they need to create a brighter future and by fostering a culture of creativity and collaboration, we are creating a community of young minds that are not afraid to push boundaries and explore endless possibilities.”
Dr. Narenda De Silva, General Manager of Lanka Electricity Company (Private) Limited and keynote speaker for the event, emphasized the importance of collaboration between industry and academia during his speech. Drawing from his experience working with Dialog to develop communication modules for Smart Electricity meters in the LECO network, he stated, “A university research done without industry application is of no use, and similar industry initiatives that don’t produce an opportunity for university research is also of little long-term value.
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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