Business
JAT hosts 3rd Pintharoo Abhiman convocation in continued drive to empower wood craftsmen
JAT Holdings PLC, the market leader for wood coatings and brushes in Sri Lanka, recently celebrated a significant milestone with the successful conclusion of the 3rd Convocation under its well-established and highly successful JAT Pintharoo Abhiman programme.
The convocation ceremony was held in grand style on the 18th of January 2024 at the JAT Holdings Auditorium in Thalawathugoda. During the event, the 3rd batch of skilled painters and carpenters, consisting of 132 individuals, received their internationally recognised National Vocational Qualifications (NVQ) from the National Apprentice and Industrial Training Authority (NAITA). Accordingly, since its inception, over 250 skilled wood craftsmen have now been facilitated by JAT Pintharoo Abhiman to receive NVQ Level 3 certification.
The Chief Guest at the event was none other than Manusha Nanayakkara, MP – Minister of Labour and Foreign Employment, who graced the occasion with his valuable presence, highlighting the importance that JAT Holdings PLC places on uplifting the communities it serves.
Expressing his support for JAT Pintharoo Abhiman, Minister Nanayakkara said, “We are immensely pleased to see the outcome of this exceptional and unique programme aimed at furthering social protection, which is a key focus for the government as well. Understanding the need to enhance the dignity, safety and rights of skilled labour and ensure secure livelihoods and protection from exploitation, the government is also working towards introducing new laws to address these areas.”
Wasantha Gunaratne, Director of Sales and Technical at JAT Holdings PLC, also shared his thoughts saying, “We are very happy to have held the 3rd Convocation in this ongoing programme to upskill, certify and create new opportunities for Sri Lanka’s carpentry and painting sector. As the leader in wood coatings in Sri Lanka and an emerging leader in the region, initiatives like Pintharoo Abhiman provide them with recognition and professional training. Ultimately, we believe this will contribute towards the enrichment of their lives, while simultaneously helping to further elevate industry standards.”
JAT Pintharoo Abhiman, initiated in 2021, reflects JAT Holdings’ commitment to uplifting the wood coatings industry by providing recognition, financial stability, and professional training to painters and carpenters. This long-term initiative is designed to enhance industry standards and empower individual wood craftsmen who demonstrate exceptional skill but have not had the opportunity to pursue formal certification. This certification (NVQ Level 3) is provided through a fast-tracked programme conducted by JAT Holdings PLC, in partnership with NAITA.
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
SLT-MOBITEL Enterprise launches Premium Cloud
SLT-MOBITEL Enterprise, the enterprise services arm of Sri Lanka Telecom PLC, has launched its Premium Cloud service powered by Nutanix, aimed at helping Sri Lankan businesses modernise their IT infrastructure and accelerate digital transformation.
The service was unveiled at the Lanka Tech Summit 2026 held recently at ITC Ratnadipa, Colombo.
The Premium Cloud combines hybrid multi-cloud capabilities with enterprise-grade performance, enabling businesses to run mission-critical workloads, scale cloud deployments and strengthen business continuity through disaster recovery capabilities.
Hosted on SLT-MOBITEL’s Tier III data centre infrastructure, the platform is designed to provide enhanced security, reliability and flexibility while supporting the growing technology requirements of enterprises.
SLT-MOBITEL Enterprise said the platform would also support organisations seeking to adopt AI-ready capabilities and improve the management and performance of IT workloads.
A key feature of the launch was SLT-MOBITEL Enterprise joining the Nutanix Elevate Service Provider Program (NESPP), which the company said made it the first service provider in the region to join the programme.
Powered by Nutanix’s hybrid multicloud platform, the service enables application and data mobility across on-premises environments, public clouds and edge locations.
The company said the partnership combined Nutanix’s cloud technology with SLT-MOBITEL’s local expertise and support, strengthening its multi-cloud portfolio.
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