Business
Call for Applications: Saman Kelegama Memorial Research Grant 2026
The Institute of Policy Studies of Sri Lanka (IPS) calls for applications for the Saman Kelegama Memorial Research Grant 2026, established in 2018 in memory of Dr. Saman Kelegama, former Executive Director of IPS, to support policy‑relevant socio‑economic research by undergraduate students.
The Grant is a merit‑based annual award open to undergraduate students currently in their fourth year or about to enter their fourth year in 2026, studying economics or a related subject at a University Grants Commission‑approved university or higher education institution in Sri Lanka. It aims to promote original, rigorous, and innovative research with clear policy relevance. Proposed studies must be independent of final‑year projects or other ongoing research.
The selected recipient will receive a one‑time research grant of LKR 200,000, together with a three‑month internship at IPS, with access to senior researchers and institutional resources. Flexible internship arrangements are available to accommodate students from across the country. Additional support will be provided to present research findings at local conferences and workshops.
Proposals will be assessed based on policy relevance, feasibility, originality, and creativity. Three shortlisted candidates will be invited to present at IPS, following which the Grant recipient will be selected. The recipient will be required to produce a Policy Discussion Brief within six months of receiving the Grant.
Key Dates:
31 March 2026: Proposal submission deadline
31 May 2026: Announcement of finalists
23 June 2026: Announcement of Grant recipient
Applications must be submitted in English, in Word format, in accordance with the prescribed guidelines, and emailed to tharakam@ips.lk.
By supporting young researchers and promoting evidence‑based inquiry, the IPS’ Saman Kelegama Memorial Research Grant continues Dr. Kelegama’s vision of strengthening policy discourse and advancing inclusive development in Sri Lanka.
For further information, visit www.ips.lk.
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
Rivon Agriglobe introduces ZETOR tractors, Rover e-bikes
Rivon Agriglobe and Rivon Lanka, affiliated with Celogen Lanka, Assidua Technologies and Kelun Lifesciences, have introduced ZETOR and Agriglobe tractors, the Z-Tukoba power tiller and Rover electric motorcycles to the Sri Lankan market.
The new range was launched at a special event held on September 4 at the Sannasa Hotel in Dambulla, attended by more than 120 dealers from across the country.
The event was graced by Nalin Welgama as Chief Guest, together with Rishi Kumar, Managing Director; WH Roshan, Finance Director; Sadish Kumar, Director; Sumith Nandana, General Manager; Suresh Dhammika, Head of Sales; and Jayasuriya, Operations Manager.
The agricultural machinery range includes the 50-horsepower ZETOR HORTUS 50 and Agriglobe 50 tractors and the Z-Tukoba power tiller, offering what the company described as European-engineered technology for Sri Lankan farmers.
The launch also featured the recognition of Rover E-Bike dealers, highlighting the company’s efforts to expand its island-wide dealer network and promote electric mobility.
The companies said the new models would be available through their growing dealer network across Sri Lanka, providing customers with access to agricultural machinery and electric motorcycles.
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