Business
Lenovo strengthens its ground presence in Sri Lanka
Lenovo, the global technology company, recently announced the opening of the 3rd Lenovo Exclusive Store in Jaffna, Sri Lanka, marking a significant milestone in the company’s presence in the region. This announcement also underscores Lenovo’s larger commitment to further Sri Lanka’s digital transformation story unleashing the power of AI to drive intelligent transformation with purpose-built AI-ready devices, infrastructure, solutions, and services that empower industries, enterprises, and individuals.
Naveen Kejriwal, General Manager- Overseas Business, Consumer, Commercial & Tablets of Lenovo comments, “Our vision is to deliver smarter technology through cutting-edge products and solutions for our customers and partners. We will continue to deepen our investments in the country by bolstering our retail network and partner ecosystem to ensure they can take advantage of Lenovo’s pocket to cloud offerings”
Lenovo has been the #1 PC brand in Sri Lanka for four consecutive quarters and is committed to continue growing its market share in the country. The newly launched Exclusive store (LES) promises to enhance the overall purchase experience, encouraging customers to ‘Stay and Play’ with its unique UNIFY design. The new store is part of Lenovo’s growth plan for the region to expand its footprint rapidly in the country over the next 2 years.
“We are very happy to be part of Lenovo’s journey by making the latest products more accessible to the customers. The Lenovo Exclusive Store will showcase the latest range of devices in Jaffna. Customers of this region now can buy the latest range of Lenovo products in the comfort of their region.,” says, Jeyakumar, Owner JP Technologies who opened the Lenovo Exclusive store in Jaffna.
Lenovo has been strengthening its channel and partner distribution network and has introduced some of the latest and innovative device portfolios in Sri Lanka, which will further boost the digital infrastructure of the country and support the government’s Digital Sri Lanka mission. The company is collaborating with the Sri Lankan government to develop and implement digital solutions across various sectors, leveraging its expertise in devices, services, and artificial intelligence (AI) solutions.
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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