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Daily FT

Daily FT

Trump tariff: Jolt to Sri Lanka's dependence voracity and innate complacency

THE 'Trump tariff' is a stark reminder to Sri Lanka of the dangers which lurk when it is overdependent, and over reliant, on the political and economic strategies, and at times the perceived benevolence, of its key trading partners such as India and China and export markets such as the United States of America (USA) and the European Union (EU).

10 min  |

July 25, 2025
Daily FT

Daily FT

Capital market content to be integrated into proposed financial literacy curriculum

A seminar on 'Financial Literacy' was held on 18 July at the Education Ministry, providing a platform for stakeholders involved in ongoing education sector reforms to contribute to the integration of financial literacy into the school curriculum.

4 min  |

July 25, 2025
Daily FT

Daily FT

Ceylonika Cosmetics officially launches in Sri Lanka

CEYLONIKA Cosmetics Ltd., a visionary new player in Sri Lanka’s beauty industry, officially inaugurated its operations as a social selling beauty brand at a grand launch event held at the Hilton Colombo.

1 min  |

July 25, 2025

Daily FT

CDB concludes phase I of Climate Transition Plan

Climate Transition Plan benefits from IFC's technical assistance

2 min  |

July 25, 2025

Daily FT

EU standards key to boosting exports and investments in Sri Lanka: Envoy

EU Deputy Ambassador Lars Bredal says stable, ethical and transparent environments essential for European investors seeking credible trade partners

2 min  |

July 25, 2025
Daily FT

Daily FT

Sriyani Dress Point hosts Annual Staff Awards 2025

■ A grand celebration of excellence and dedication

2 min  |

July 25, 2025
Daily FT

Daily FT

OPA seminar reveals immense potential of health tourism for Sri Lankan economy

HEALTH tourism has great potential to be a major, contributor to the Sri Lankan economy.

4 min  |

July 25, 2025

Daily FT

Sunshine Holdings celebrates employee excellence at SUN Awards 2025

DIVERSIFIED conglomerate Sunshine Holdings PLC (CSE: SUN) honoured the outstanding achievements of its employees at the annual SUN Awards 2025, held under the theme 'Roar of Glory'.

2 min  |

July 25, 2025
Daily FT

Daily FT

Sampath Bank launches Private Banking units at six premier branches across Sri Lanka on single day

SAMPATH Bank PLC marked a significant milestone in its exclusive banking journey with the unveiling of Private Banking units at six key branch locations: Kandy, Kurunegala, Narahenpita, Negombo, Panadura and Wellawatte on 25 July.

1 min  |

July 25, 2025

Daily FT

RDB Bank - From grassroots to greatness: 40 years of empowering Sri Lanka’s heartland

THE inspiring journey of the RDB Bank began in 1985, born under the Regional Rural Development Banks Act (RRDB) Act, No. 15 of 1985. With a mission to bridge the financial gap in rural Sri Lanka, district-level banks were established to cater to grassroots communities, planting the seeds of inclusive development.

2 min  |

July 25, 2025

Daily FT

Land prices surge up to 20% as real estate market responds to lower rates and economic stability

SRI Lanka’s real estate sector is demonstrating robust signs of recovery and renewed investor confidence in 2025, buoyed by a stabilising economy and favourable market conditions.

3 min  |

July 25, 2025
Daily FT

Daily FT

Is global free trading paradoxical?

HISTORY tells us that the 2008 GFC was effectively managed with the coordinated effort and participation of nations and states. Would this be the current state of reviving world economy in the event of future GFCs, in particular the most vulnerable economies? The departure from collective support and drift towards national-centric mindset and geopolitics is becoming a major barrier in the future for global participation.

5 min  |

July 25, 2025
Daily FT

Daily FT

Overseas Realty records Rs. 4.7 b Profit Before Tax in 1H

OVERSEAS Realty (Ceylon) PLC said yesterday it has recorded a Group Revenue of Rs. 5,258 million and a Group Profit Before Tax of Rs. 4,676 million for the 6 months ending 30 June.

1 min  |

July 25, 2025
Daily FT

Daily FT

Multi-brand fashion destination UrbanTrendz makes bold comeback

AFTER a quiet period shaped by the pandemic, import restrictions, and Sri Lanka's economic downturn, UrbanTrendz is making a bold comeback.

2 min  |

July 25, 2025
Daily FT

Daily FT

APB leads dialogue on technology and cyber risk supervision shaping resilient digital future

THE accelerating pace of digital transformation has brought the financial services industry to a defining juncture, where the growing threat of cyber risk increasingly shadows the opportunities of technological advancement.

1 min  |

July 25, 2025
Daily FT

Daily FT

Link Natural continues to champion sustainability for greener Sri Lanka

LINK Natural Products, a subsidiary of CIC Holdings and a trusted name in Ayurvedic pharmaceutical, herbal healthcare, and herbal personal care products has continuously reaffirmed its deep commitment to the environment and to communities across the island through a multitude of sustainable initiatives over the years. These initiatives reflect the company’s belief that true sustainability stems from the empowerment of local farmers and preservation of the invaluable knowledge of indigenous medicinal plants, passed down through generations.

2 min  |

July 25, 2025
Daily FT

Daily FT

Colombo stock market gathers further momentum

THE Colombo stock market yesterday sustained its new found optimism amidst positive investor sentiments.

1 min  |

July 25, 2025

Daily FT

Breaking barriers through dialogue: Glimpse into interfaith mosque tour at Kollupitiya Jumma Mosque

ON Monday evening, 14 July, the Kollupitiya Jumma Mosque opened its doors for something truly special—a mosque tour designed just for media professionals. Organised by the Centre for Islamic Studies Harmony Center, along with the Muslim Women’s Research and Action Forum and supported by Diakonia, the event was all about connection and understanding.

3 min  |

July 25, 2025

Daily FT

B. Saroja Devi: Sweet voiced Kannada parrot was goddess of expression

TAMIL cinema fans like this writer who grew up on a diet of Tamil movies were deeply saddened when veteran South Indian actress B. Saroja Devi passed away some days ago on 14 July 2025. The octogenarian Saroja Devi after performing her daily 30-minute pooja in the mornings was seated on a sofa watching TV when she collapsed suddenly with a groan. The unconscious Saroja Devi was taken by ambulance to hospital where she was pronounced dead upon arrival. She was 87 years old.

10+ min  |

July 25, 2025

Daily FT

Sri Lanka Insurance Corporation General gets UL Aviation Insurance Policies, Aviation Insurance Services

THE Cabinet of Ministers at their meeting on Monday approved awarding the contract for Aviation Insurance Policies and Aviation Insurance Services of SriLankan Airlines Ltd., for Sri Lanka Insurance Corporation General Ltd.

1 min  |

July 25, 2025
Daily FT

Daily FT

Why risk management in equity clearing and settlement is critical for market stability

IN today's dynamic world of equity markets, every trade represents an agreement between two parties to exchange of cash and securities on a future date.

2 min  |

July 25, 2025

Daily FT

Fitch rates Commercial Bank's Basel III subordinated green bond final 'A'

FITCH Ratings has assigned Commercial Bank of Ceylon PLC’s (COMB; AA-(lka)/Stable) proposed Sri Lankan rupee-denominated Basel III-compliant subordinated green bonds of up to Rs. 15 billion a final National Long-Term Rating of ‘A(lka)’.

1 min  |

July 25, 2025

Daily FT

Sri Lanka Economic and Investment Summit 2025 opens registrations

THE Ceylon Chamber of Commerce has announced that registrations are now open for the Sri Lanka Economic and Investment Summit 2025 (SLEIS), taking place on 2 and 3 December at the Shangri-La Colombo.

1 min  |

July 25, 2025
Daily FT

Daily FT

Applications open for NCP Awards 2025

Initiative to recognise sustainable industrial excellence

1 min  |

July 25, 2025

Daily FT

Biman Bangladesh Airlines gets UL's three-year Dhaka ground handling contract

DHAKA-BASED Biman Bangladesh Airlines Ltd., has won the contract to provide ground handling services (passenger, ground handling and cargo handling) to the national carrier—SriLankan Airlines in Dhaka International Airport for three years.

1 min  |

July 25, 2025
Daily FT

Daily FT

Nuwa arrives in Sri Lanka: New benchmark in ultra-luxury hospitality

An exclusive world of privileges

2 min  |

July 25, 2025
Daily FT

Daily FT

Citi Sri Lanka reaffirms purpose and impact on Global Community Day 2025

SRI Lanka joined thousands of Citi colleagues across the globe to mark the 20th anniversary of Global Community Day a milestone that reflects Citi's two-decade commitment to service and social impact.

1 min  |

July 25, 2025

Daily FT

Sri Lanka Embassy in Doha recovers over Rs. 83 m in compensation in 1H

THE Sri Lanka Embassy in Doha has successfully recovered a total of Rs. 83,159,234 from January to June 2025 as death compensation on behalf of the Next of Kin (NoK) of Sri Lankan nationals who had passed away in Qatar.

1 min  |

July 25, 2025
Daily FT

Daily FT

Crocodile Elite Club, rewarding loyalty with luxury

CROCODILE, a globally reputed lifestyle and fashion brand, invites all discerning customers to enhance their shopping experiences with its official loyalty platform, Crocodile Elite Club - Your Signature Loyalty.

1 min  |

July 25, 2025

Daily FT

Home Lands records highest sales done in a month in history

Achieves an impressive Rs. 7.4 b from 104 units in June 2025 Reaches Rs. 25 b in sales in the first half of 2025

1 min  |

July 25, 2025