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Daily FT

Daily FT

President meets UN Secretary-General

PRESIDENT Anura Kumara Disanayake met with United Nations Secretary-General António Guterres on Thursday at the UN Headquarters.

1 min  |

September 27, 2025

Daily FT

Citta: Clarifying the heart-mind

IN much of modern culture, the \"mind\" is thought to live in the brain as reason and intellect, while the \"heart\" is seen as the seat of love, compassion, and feeling. This split runs deep in some languages and religions.

2 min  |

September 27, 2025
Daily FT

Daily FT

Sri Lanka’s tourism at crossroads: Wake-up call on World Tourism Day

AS the world marks World Tourism Day today, on 27 September, Sri Lanka stands at a critical juncture. Tourism has long been hailed as the country’s “low-hanging fruit” for economic revival and the year 2025 began with bold ambitions; 3 million arrivals and $ 5 billion in earnings. Yet as the final quarter approaches, those lofty goals are slipping out of reach.

6 min  |

September 27, 2025
Daily FT

Daily FT

Yaden Laboratories shines at Tecnosalud 2025

YADEN Laboratories participated with outstanding success in Tecnosalud — International Health Fair 2025 as invitees of the prestigious Lima Chamber of Commerce — CCL and its COMSALUD Guild, which was held from 10 to 12 September in Lima, capital of Peru on its 19th convocation.

1 min  |

September 27, 2025

Daily FT

5th Mercantile Hockey commences today

THE 5th Mercantile Hockey 9-A-Side Tournament, sponsored by Singer Sri Lanka, is set to take place today (27) at the Astro Turf, Colombo 07.

1 min  |

September 27, 2025

Daily FT

Sanasa Life Insurance supports Colombo International Book Fair as official insurance partner

SANASA Life Insurance is the official insurance partner of the highly anticipated Colombo International Book Fair. As an organisation whose ethics extend beyond business, Sanasa Life Insurance views its sponsorship as life insurance partner of the book fair as a key part of its corporate responsibility that aligns with organisational values to support educational endeavors, thereby helping future generations in their path of educating themselves.

1 min  |

September 27, 2025
Daily FT

Daily FT

Shutting down the internet shuts down your right to know

ON 28 September, the world marks both World News Day and the International Day for Universal Access to Information.

3 min  |

September 27, 2025

Daily FT

NTB shares soar, CEO says HSBC deal underlines global shifts, local ascent

NATIONS Trust Bank PLC (NTB) shares closed up 22.72% yesterday, up Rs. 72.25 to Rs. 390.25, following Wednesday's announcement of the bank's proposed Rs. 18 billion acquisition of Hongkong and Shanghai Banking Corporation's (HSBC) Sri Lanka retail banking business, which marks one of the largest portfolio transfers in recent years and reflects the broader retreat of global banks from consumer segments in Asia.

4 min  |

September 26, 2025

Daily FT

Sampath Bank leads Rs. 33.5 b syndicated loan facility for CEB

SAMPATH Bank has successfully led a landmark syndicated loan of Rs. 33.5 billion for the Ceylon Electricity Board (CEB), together with Nations Trust Bank (NTB) and Pan Asia Bank.

1 min  |

September 26, 2025

Daily FT

CSE revises debt securities transaction fees

THE Colombo Stock Exchange (CSE) has announced a revision to the transaction fees applicable to corporate debt securities traded on its Automated Trading System (ATS) following approval from the Department of Fiscal Policy of the Ministry of Finance.

1 min  |

September 26, 2025

Daily FT

Sri Lanka urges action against poverty, corruption, and war at UNGA

PRESIDENT Anura Kumara Disanayake in his inaugural speech at the 80th session of the UN General Assembly yesterday delivered a passionate call to the international community, urging for decisive action to confront the world's most pressing challenges.

1 min  |

September 26, 2025

Daily FT

SEC unveils 12-pillar plan to transform capital market

THE Securities and Exchange Commission of Sri Lanka (SEC) has launched its \"12 Key Capital Market Development Projects - One Vision for a Resilient Market\", a reform agenda aimed at modernising the Colombo Stock Exchange (CSE), broadening products, and deepening investor participation.

2 min  |

September 26, 2025

Daily FT

EY says new Port City incentive significant with sharper focus on scale, timing

EY Sri Lanka has said the new Colombo Port City tax regulations shift incentives firmly toward investment scale and execution certainty, offering up to 15-year income tax holidays for large projects while requiring investors to align closely with licencing and designation stages to secure benefits.

2 min  |

September 26, 2025

Daily FT

Exporters fear $ 80 m monthly cash crunch if SVAT removed and no refund system

WITH just five days to go before the Government abolishes the Simplified Value Added Tax (SVAT) regime, leading export associations yesterday voiced deep concerns and warned of a looming cash flow crisis that could choke the country's $ 19 billion export target for 2025.

6 min  |

September 26, 2025

Daily FT

SLBA presents Budget proposals to drive economic recovery

THE Sri Lanka Banks' Association (SLBA), the apex body representing the collective voice of the licenced commercial banks, has submitted a far-reaching set of proposals for inclusion in the upcoming 2026 Budget.

3 min  |

September 26, 2025

Daily FT

Sri Lanka makes its biggest push to woo Japanese interests

SRI Lanka via a private-public initiative will make its biggest push to woo Japanese interests with key engagements in Osaka and Tokyo starting tomorrow and spanning five days.

4 min  |

September 26, 2025
Daily FT

Daily FT

Sri Lanka Tourism Expo 2025 brings together youth, SMEs and international experts

SRI Lanka Tourism Expo will officially inaugurate tomorrow, (27) at One Galle Face with the Colombo Travel Mart, organised for the third consecutive time in partnership with SLAITO.

6 min  |

September 26, 2025
Daily FT

Daily FT

Sailing Sri Lanka in Style: Inside Sail Lanka's New Wave of Ocean Adventures

There's something timeless about stepping aboard a yacht and feeling the breeze lift off the Indian Ocean.

3 min  |

September 26, 2025

Daily FT

IASL hosts 16th NAFLIA Conference, driving growth in new world of insurance

THE Insurance Association of Sri Lanka (IASL), through its Marketing and Sales Forum, hosted the 16th consecutive NAFLIA Conference at the Monarch Imperial.

3 min  |

September 26, 2025
Daily FT

Daily FT

Every Stay Shapes a Story - Make Yours Matter

Every stay tells a story. At Browns Hotels & Resorts, we make sure it's a story worth telling.

2 min  |

September 26, 2025

Daily FT

Sri Lanka makes ...

THE private sector delegation is led by Ceylon Chamber of Commerce and John Keells Holdings Chairperson Krishan Balendra, and comprises Sri Lanka-Japan Business Council (SLJBC) President and Hirohama Ceylon Ltd., and Surmount Ventures Director Athulla R.F. Edirisinghe; SLJBC Vice President and Spear International Ltd. Chairman and Managing Director Shamil Mendis; SLJBC Treasurer and MendisOne Chairman Rohitha Mendis; SLJBC Immediate Past President and Andrew the Travel Company Managing Director Mahen Kariyawasan; BOVCapital Managing Partner Prajeeth Balasubramaniam; Celestia International CEO Chandana Silva; Connaissance De Ceylan CEO Chamin Wickramasinghe; Dentsu Grant Chairperson and Managing Director Neela Marikkar; E.W Information Systems Chairman Sanjeewa Wickramanayake; Hayleys PLC Director Sarath Ganegoda; hSenid Group Chairman Dinesh Saparamadu; Lanka Harness Executive President Rohan Pallewatta; MAC Holdings Chairman and President Otani San; MAC Holdings Managing Director Andre Fernando; MendisOne Managing Director Rishantha Mendis; Microsoft Sri Lanka and Maldives Country Manager Harsha Randeny; Tomo Wold Ceylon Chairman Nishantha Perera; Adamajee Lukmanjee and Sons Business Partner Exports Hashini Kalansuriya; Jayalanka Suppliers Managing Director Ganidhu Ishara; Transfood Lanka Director Sajahan Pasie; NCINGA Chairman Imal Kalutotage; Group Managing Director Vajira Wijesinghe; and Ceylon Chamber of Commerce Assistant Secretary General Dinithi Dias. Separately, senior officials of the Sri Lanka Export Development Board, the Board of Investment and Foreign Affairs Ministry are in Japan as well.

9 min  |

September 26, 2025

Daily FT

Sri Lanka Garners Global Recognition for its Tourism & Hospitality Excellence

Sri Lanka is steadily reclaiming its place on the world tourism map, not just for its natural beauty and cultural heritage, but for its excellence in hospitality, innovation, and sustainable transformation.

2 min  |

September 26, 2025

Daily FT

Asia-Pacific advances agenda for living wages

THE Asia-Pacific region can demonstrate that living wages are achievable through a systematic approach grounded in social dialogue and evidencebased wage systems, participants at a regional dialogue organised by the International Labour Organisation (ILO) heard.

2 min  |

September 26, 2025
Daily FT

Daily FT

Sri Lanka Pavilion shines at Foodex Saudi 2025

THE Sri Lanka Export Development Board (EDB), in collaboration with the Embassy of Sri Lanka in Saudi Arabia, organised the Sri Lanka Pavilion at Foodex Saudi 2025, held from 21-24 September at the Riyadh International Convention and Exhibition Centre.

1 min  |

September 26, 2025

Daily FT

Sri Lankan business leaders join global CEOs and govt. representatives at UN Private Sector Forum

Mobilise capital for sustainable growth

3 min  |

September 26, 2025
Daily FT

Daily FT

Insurance industry regulator participates in Matale 'FinLit Expo'

THE Insurance Regulatory Commission of Sri Lanka (IRCSL), the regulator of the insurance sector, actively participated at \"FinLit Expo\" the Financial Literacy Exhibition organised by the Matale regional Branch of the Central Bank of Sri Lanka.

1 min  |

September 26, 2025

Daily FT

First Capital Holdings' Rs. 3 b debenture issue oversubscribed on opening day

FIRST Capital Holdings PLC's debenture issue of Rs. 3 billion, which was opened for subscription on 23 September, was oversubscribed on the very same day.

1 min  |

September 26, 2025

Daily FT

NTB's HSBC deal demonstrates balance sheet strength, sustainable expansion

NATIONS Trust Bank PLC (NTB) yesterday said its acquisition of HSBC's retail banking business in Sri Lanka demonstrates the bank's financial strength and disciplined approach to growth.

1 min  |

September 26, 2025
Daily FT

Daily FT

Cinnamon Life: Setting the Stage for a New Era of Business Events in Colombo

As Sri Lanka marks World Tourism Day 2025, all eyes are on Colombo's fast-evolving role as a premier destination for global business events.

1 min  |

September 26, 2025
Daily FT

Daily FT

Secondary Bond market activity moderates; yields remain stable

THE secondary Bond market yesterday saw activity moderate, remaining at a virtual standstill for much of the day.

1 min  |

September 26, 2025