Business
Rhino launches ‘Rhino Premier’: a game-changer in roofing innovation
Rhino Roofing, Sri Lanka’s most trusted name in roofing and ceiling sheets, unveiled its latest innovation, ‘Rhino Premier Roofing Sheets’, at a grand launch ceremony that took place on 15th August 2025 at the Cumulus Ballroom, Cinnamon Life, Colombo.
Bringing together leading architects, developers, contractors, members of Chamber of Construction Industry and Chartered Institute of Building, and Rhino’s network of authorized dealers, the event marked a significant milestone in the brand’s continued journey of innovation.
Setting a new benchmark in roofing excellence, Rhino Premier became Sri Lanka’s first roofing sheet to feature Advanced Water-Repellent Surface Protection, which is designed specifically for enhanced durability and long-term weather resistance. Built with a Natural Clay Matte Undercoat, its underside offers a refined, visually appealing finish. Backed by a 5-year aesthetic warranty, Rhino Premier is designed to meet the demands of modern architecture, seamlessly blending durability with design sophistication.
With a heritage of over 60 years, Rhino has continuously led the roofing and ceiling sector in Sri Lanka, offering products that balance affordability, durability and design aesthetics. Recognised by SLIM-Kantar as one of the top 10 brands in the construction and hardware industries, Rhino’s commitment to quality and innovation remains steadfast.
Guests at the launch were invited to engage with interactive product displays and a unique Idea Wall, where professionals from across the industry shared concepts, inspirations, and previews of future projects. This collective expression of creativity turned the Idea Wall into a vibrant reflection of what’s possible when innovation meets imagination.
To explore Rhino Premier in greater detail, please contact Rhino Roofing Products Ltd. at 1396.
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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