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Daily FT

Prem Watsa’s visit underscores Fairfax’s long-term commitment to Sri Lanka

FAIRFIRST Insurance recently welcomed Fairfax Financial Holdings Chairman and Chief Executive Officer Prem Watsa to its head office in Colombo.

1 min  |

August 22, 2025

Daily FT

Ambeon strengthens portfolio through strategic investments in hospitality sector

Strengthens growth strategy through near Rs. 900 m worth equity stakes in iconic Sri Lankan hotel companies The Kandy Hotels Company and Ceylon Hotels Corporation

2 min  |

August 22, 2025
Daily FT

Daily FT

Young political leaders from South and Southeast Asia meet with Women Parliamentarians’ Caucus

YOUNG political leaders from across South and Southeast Asia with their staff members and representatives from the Institute of Konrad Adenauer Stiftung met with the Women Parliamentarians’ Caucus following their visit to Parliament.

1 min  |

August 22, 2025

Daily FT

CoPF finds only 35 Chartered Accountants auditing nearly 2,000 public institutions

THE Parliament Secretariat yesterday said that the Committee on Public Finance (CoPF) has found that the National Audit Office has only 35 Chartered Accountants to oversee nearly 2,000 public institutions including Ministries, Departments and State-owned enterprises.

1 min  |

August 22, 2025

Daily FT

Three more Supreme Court petitions challenge Bill repealing former Presidents’ benefits

SPEAKER of Parliament Dr. Jagath Wickramaratne yesterday informed the House that he had received copies of three more petitions filed at the Supreme Court, challenging the proposed repeal of Presidential entitlements.

1 min  |

August 22, 2025

Daily FT

Alliance Finance's Rs. 2 b Social Bond issue oversubscribed on opening day

ALLIANCE Finance Company PLC (AFC) said its Rs. 2 billion Social Bond issue was oversubscribed yesterday on the opening day, prompting the lender to close subscriptions.

1 min  |

August 22, 2025

Daily FT

Cabinet grants policy approval to draft bill amending Bank of Ceylon Ordinance

THE Cabinet of Ministers on Monday approved granting policy clearance to proceed with drafting a bill to amend the Bank of Ceylon Ordinance No. 53 of 1938, in line with earlier Cabinet approval granted on 15 July 2024.

1 min  |

August 22, 2025

Daily FT

APB Sri Lanka earns regional recognition at Banking Summit in Nepal

THE Association of Professional Bankers (APB) Sri Lanka, the country’s professional body for banking, has marked a new milestone when its leadership participated in the BFIN International Banking Summit 2025, held in Kathmandu, Nepal on 15 and 16 August 2025.

2 min  |

August 22, 2025

Daily FT

EDB conducts spices packaging workshop

THE Sri Lanka Export Development Board's (EDB) National Packaging Centre (NPC) recently conducted an awareness workshop on spices packaging for over 75 exporters and potential exporters, aimed at enhancing product competitiveness in local and international markets.

1 min  |

August 22, 2025

Daily FT

Sanasa Life Insurance bags top NBEA 2025 award

SANASA Life Insurance won the 'Large Category, Excellence in Business and Financial Results' award at the recently held National Business Excellence Awards 2025 organised by the National Chamber of Commerce of Sri Lanka.

1 min  |

August 22, 2025

Daily FT

Tea Avenue makes India debut, eyes global expansion

Tea Avenue to open outlets in Delhi, Mumbai and Bangalore within next 12-18 months Expansion formats to include flagship cafés, kiosks and in-hotel tea stations Tea Avenue to launch retail line in India, including premium teas and gift sets, to complement café operations Sets target of 200+ outlets worldwide by 2035

2 min  |

August 22, 2025

Daily FT

George Steuart turning 190: A phenomenal landmark

THE grand old firm George Steuart has moved into the 190*s and is standing tall notwithstanding recent reversals as COVID and the country’s bankruptcy.

1 min  |

August 22, 2025

Daily FT

"Secret of Success” one-day workshop on 28 August

A transformative one-day special workshop on “Secret of Success” for mid and senior level managers committed to achieving personal and organisational excellence, led by Professor Thilakasiri — a management expert and former Director General of

1 min  |

August 22, 2025

Daily FT

CSE closes up for 5th straight session, ASPI inches to new high

THE Colombo stock market closed up for the fifth straight session yesterday, with turnover reaching Rs. 10.5 billion on a highly volatile session dominated by retail and high-net-worth investor participation.

2 min  |

August 22, 2025

Daily FT

New think-tank Asian Geopolitics, Sustainability, and Peace Council launched

A new era in regional policy dialogue began with the official launch of The Asian Geopolitics, Sustainability, and Peace Council (AGSPeC) at the Sri Lanka Foundation Institute in Colombo on 20 August ~ a platform dedicated to fostering strategic understanding of geopolitical issues, advancing peace, and promoting sustainable development across Asia. Leading scholars, diplomats, policymakers, civil society leaders and concerned citizens took part in this event, in addition to. gamut of political leaders, former statesmen, and leaders of politcal parties

2 min  |

August 22, 2025
Daily FT

Daily FT

Lankan launches world's first “Chetty-Based” ROI marketing formula for small businesses

IN a bold move set to disrupt the way small businesses approach marketing, Sri Lankan digital strategist Angelo Peterson Pullenayegam has launched The Chetty 7, the world's first ROI-marketing system inspired by the centuries-old Chetty trading legacy.

3 min  |

August 22, 2025

Daily FT

WIM’s Top 50 Career Women Awards set to mark 15-year milestone in October

WIM to host Global Week 2025 from 7-9 Oct. in Colombo Three new segments introduced to the Top 50 Awards Awards received nominations from 12 countries Over 300 delegates from 15 countries expected Judging panel includes local and international experts Awards designed to mentor emerging leaders and support MSMES Nominations for the MSME Awards are open until 31 August

4 min  |

August 22, 2025

Daily FT

Gem Sri Lanka 2026 launch set for 26 August

THE Ceylon Gem and Jewellery Traders Association (CGJTA) announced that the launch of the 'Gem Sri Lanka 2026' international expo will take place on 26 August at the Lotus Ballroom of Shangri-La Colombo.

1 min  |

August 22, 2025
Daily FT

Daily FT

Avishka, Eshan lose place in ODI squad for Zimbabwe

Nuwanidu recalled, Pavan only uncapped player

2 min  |

August 22, 2025

Daily FT

Amana Takaful Insurance shines with four Gold wins at the 14th SLIBFI Awards 2025

AMANA Takaful Insurance has marked a remarkable milestone at the 14th Sri Lanka Islamic Banking and Finance Industry (SLIBFI) Awards 2025 held at Shangri-La Hotel, Colombo. Organised annually by UTO EduConsult and adjudicated by KPMG, the prestigious event celebrates excellence within Sri Lanka’s Islamic finance sector, bringing together leading institutions and professionals dedicated to inclusive financial services.

1 min  |

August 22, 2025

Daily FT

Social protection: Not an option but a necessity in Asia and the Pacific

ASIA and the Pacific is navigating multiple disruptions, both positive and negative. Economic restructuring, green transitions, intensifying climate change, demographic shifts and digital transformations are posing a critical question: how do we ensure that large numbers of people are not left behind?

3 min  |

August 22, 2025

Daily FT

Former Trinitian Pathiraja grabs honours on high-scoring day

HIGH scoring was the order of the day in the two SLC Under-23 inter-club two-day matches which began yesterday.

1 min  |

August 22, 2025

Daily FT

Asia Asset Finance reports 128% PBT growth in 1Q

ASIA Asset Finance PLC (AAF) said yesterday it reported a Profit before Tax (PBT) of Rs. 294.8 million in the first quarter of ending 30 June, up 123% from a year ago while Profit After Tax (PAT) grew 57% to Rs. 181 million.

1 min  |

August 22, 2025

Daily FT

Rejection of SLR AGM nominations exposes governance crisis

THE nomination process for the Sri Lanka Rugby (SLR) Annual General Meeting, held on 19 August has collapsed in total rejection — a direct result of proceeding under an illegally amended constitution.

2 min  |

August 22, 2025
Daily FT

Daily FT

PM chairs discussion to promote school sports

OFFICIALS of the Ministry of Education and the Ministry of Sports and Youth Affairs yesterday held a discussion with Education, Higher Education, and Vocational Education Minister and Prime Minister Dr. Harini Amarasuriya at the Parliamentary Complex regarding the ways to promote school sports and resolving existing issues in the respective sector.

1 min  |

August 22, 2025

Daily FT

AIA Insurance Ampara Area Development Office No.3 moves to new location

AIA Insurance Lanka Ltd. has relocated its Ampara Area Development Office (ADO) No. 3 to a new premises located at No. 66, D.S. Senanayake Street, Ampara.

1 min  |

August 22, 2025
Daily FT

Daily FT

SamsonLines appoints Director Rushdi Zackariya to drive expansion

SAMSON Logistics Ltd. (SamsonLines), a subsidiary of DSI Samson Group, yesterday said it has appointed Rushdi Zackariya to its Board of Directors to spearhead expansion and efforts to become a fully integrated third-party logistics (3PL) provider.

1 min  |

August 22, 2025

Daily FT

CIPM adds ISO 21001:2018 to growing list of global accreditations

CIPM Sri Lanka, the nation's leader in Human Resource Management, has achieved a landmark accomplishment by earning the ISO 21001:2018 Educational Organisation Management System (EOMS) certification from the Sri Lanka Standards Institution (SLSI) – an honour that cements its position at the forefront of educational excellence.

1 min  |

August 22, 2025

Daily FT

"Flavours of Vietnam" from 21-30 August at Graze Kitchen of Hilton Colombo

A journey of spice, soul and signature flavours from Vietnam to Colombo

2 min  |

August 22, 2025
Daily FT

Daily FT

Ex-IGP Deshabandu remanded till 27 August

FORMER Inspector General of Police (IGP) Deshabandu Thennakoon was remanded till 27 August after being produced before the Colombo Fort Magistrate’s Court yesterday over his alleged role in the violent crackdown on peaceful protesters at Galle Face on 9 May 2022.

1 min  |

August 22, 2025