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Daily FT

Daily FT

Govt. briefs diplomatic community on flood relief efforts and plans for rehabilitation and reconstruction

PRIME Minister Dr. Harini Amarasuriya and Minister of Foreign Affairs, Foreign Employment and Tourism, Vijitha Herath on Friday co-chaired a diplomatic briefing to update foreign Diplomatic Missions and International Organisations accredited to Sri Lanka, and Sri Lanka Missions and Honorary Consuls abroad, on national recovery and rebuilding efforts following adverse weather conditions caused by Cyclone Ditwa.

2 min  |

December 08, 2025

Daily FT

India delivers Bailey bridge to support Sri Lanka’s post-Cyclone recovery

INDIA has delivered 110-ft-long, customisable, modular Bailey ridge Units to Sri Lanka along with engineering expertise to support reconstruction efforts following the devastation caused by Cyclone Ditwah.

1 min  |

December 08, 2025
Daily FT

Daily FT

Human Rights Commission writes to AKD over imposition of Emergency Regulations

Makes key recommendations

2 min  |

December 08, 2025

Daily FT

President tours affected districts, reviews relief efforts and assures communities

PRESIDENT Anura Kumara Dissanayake spent the ‘weekend in Kandy, Matale, Anuradhapura, and Ratnapura, assessing Cyclone Ditwah’simpact, reviewing district-level restoration work, and meeting religious leaders to brief them on the Government’ relief program.

2 min  |

December 08, 2025
Daily FT

Daily FT

Strong growth drives LCB Finance to best-ever interim results

LCB Finance PLC has reported a significant rise in profitability for the first half of the financial year 2025/26, posting a Profit Before Tax (PBT) of Rs. 298.32 million for the six months ended 30 September 2025.

1 min  |

December 08, 2025
Daily FT

Daily FT

Kohli breaks down batting masterclass against South Africa

A standout feature from India's 2-1 ODI series win over South Africa saw Virat Kohli forge a memorable series display.

1 min  |

December 08, 2025
Daily FT

Daily FT

Great Place To Work Sri Lanka announces Best Workplaces for Women 2025

GREAT Place To Work Sri Lanka recently announced the Best Workplaces for Women 2025, spotlighting organisations whose own employees validate them to be fostering inclusive, empowering and supportive work environments for women.

2 min  |

December 08, 2025

Daily FT

Fintrex completes Rs. 500 m Tier II capital raise

FINTREX Finance PLC has completed a Rs. 500 million capital raise via an unlisted, unsecured subordinated loan structured as Trust Certificates, following approval from the Central Bank.

1 min  |

December 08, 2025

Daily FT

Sri Lanka to miss $ 18.2 b export target this year

SRI Lanka is projected to fall short of its export target of achieving $ 18.2 billion in 2025 due to exterEDB Chairman nal and internal Mangala shocks, though Wijesinghe preparing for a major structural shift in its strategy to boost earnings to $20 billion next year.

3 min  |

December 08, 2025
Daily FT

Daily FT

Don't forget reforms because of Ditwah: CBSL Chief

CENTRAL Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe has warned that Sri Lanka cannot afford to forget the reform agenda that underpins the country's stabilisation, even as post-Ditwah reconstruction demands immediate Government attention.

3 min  |

December 08, 2025

Daily FT

SSC begin Tier B 3-Day tournament in style with innings win

SSC began their campaign to win the Tier B 3-Day tournament and gain promotion to the Major 3-Day League in style when they thrashed Kandy Customs SC by an innings and 11 runs at the Army grounds, Dombagoda, yesterday.

2 min  |

December 08, 2025
Daily FT

Daily FT

Will the response to Ditwah be worse than disaster itself?

Furthermore, elevated prof- its incentivise entrepreneurs to take significant risks—navigat- ing flood-damaged infrastructure— to deliver essen- tial goods. This increased supply and competition would, over time, drive prices back down, fostering a robust recovery.

3 min  |

December 08, 2025

Daily FT

LOLC Finance Rs. 10 b debt issue oversubscribed

LOLC

1 min  |

December 08, 2025

Daily FT

Japan provides emergency relief goods to disaster-affected people in Sri Lanka

ON 4 December, Ambassador of Japan to Sri Lanka, Akio Isomata, handed over emergency relief goods to Deputy Minister of Defence Aruna Jayasekara, in response to the damages caused by the cyclone “Ditwah”.

1 min  |

December 08, 2025

Daily FT

Reserves dip 3% to $ 6 b end-Nov.

OFFICIAL reserves have dipped 3% from a month ago to $ 6.03 billion as of end-November 2025 from $ 6.21 billion in end-October, latest Central Bank of Sri Lanka (CBSL) data showed.

1 min  |

December 08, 2025

Daily FT

Mammoth task to rebuild a nation: How Sri Lanka can rise from the debris

THE waters are receding and leaving behind the utter destruction that has been caused across most of Sri Lanka.

7 min  |

December 08, 2025

Daily FT

Salah says he has been ‘thrown under the bus’ by Liverpool

MOHAMED Salah has said he feels like he has been “thrown under the bus” by Liverpool and his relationship with Head Coach Arne Slot has broken down.

1 min  |

December 08, 2025
Daily FT

Daily FT

Hambantota International Port fully operational despite extreme weather

THE Hambantota International Port (HIP) has remained fully operational, reinforcing its strategic importance as the country's second major commercial hub as Sri Lanka experiences one of the worst flood situations recorded in its history, which has crippled national infrastructure and forced operations to suspend at the Port of Colombo.

2 min  |

December 08, 2025
Daily FT

Daily FT

BOI Chief signals imminent breakthrough on long-delayed Sinopec investment deal

BOARD of Investment (BOI) Chairman Arjuna Herath said Sri Lanka is close to concluding negotiations with Sinopec on a major export-oriented investment project, with a final response from the Chinese energy giant expected within days.

1 min  |

December 08, 2025
Daily FT

Daily FT

US INDOPACOM deploys airlift and logistics support for Cyclone Ditwah response

TWO C-130J Super Hercules and Airmen from the U.S. Air Force 36th Contingency Response Group (CRG) arrived yesterday at Bandaranaike International Airport to provide American airlift capability in support of Sri Lanka’s Cyclone Ditwah response.

2 min  |

December 08, 2025

Daily FT

Abans Finance to raise Rs. 1.5 b via debentures

ABANS Finance PLC has announced that its Board of Directors has approved a proposal to issue up to 15 million listed, rated, senior, unsecured, redeemable debentures with a maximum value of Rs. 1.5 billion, subject to regulatory clearance.

1 min  |

December 08, 2025
Daily FT

Daily FT

Blockchain technology to upgrade credibility and efficiency in logistics sans corruption, malpractices, lethargy

THE Sri Lankan administrative machinery is highly infected with corruption and mismanagement.

5 min  |

December 08, 2025
Daily FT

Daily FT

Switzerland sends WASH relief support to Sri Lanka

SWITZERLAND has delivered a consignment of essential WASH relief equipment and personnel to support Sri Lanka’s disaster response efforts following recent extreme weather conditions.

1 min  |

December 08, 2025
Daily FT

Daily FT

LOLC Finance Factoring powers business growth

LOLC Finance PLC said its Factoring Business

2 min  |

December 08, 2025

Daily FT

AmCham Sri Lanka and Wijeya Newspapers to host Farzana Baduel for strategic communications forum

High-level dialogue on reshaping Sri Lanka's global narrative for investment, talent, and international partnerships on 15 December at Taj Samudra, Colombo

2 min  |

December 08, 2025
Daily FT

Daily FT

Unlocking wealth in tea sector

Advocata champions revenue sharing and homeownership over minimum wage

4 min  |

December 08, 2025
Daily FT

Daily FT

Unsung heroes of the Central Bank 1: Dr. A.G. Karunasena

= Economist who did not believe in economic policy without quantitative substantiation

7 min  |

December 08, 2025
Daily FT

Daily FT

Natural disasters and one-dimensional economies

AT a time when Sri Lanka and a few countries in Southeast Asia are struggling to recover from a post-cyclonic devastation it is worth spending some thoughts on an issue that lies fundamental to understand why natural disasters have become so frequent in this age of scientific and technological domination over human life.

6 min  |

December 08, 2025

Daily FT

StrEdge establishes global headquarters in Dubai

STREDGE, a fast-growing management consulting firm founded in Sri Lanka, has announced the setting up of its global headquarters in Dubai, marking a key milestone in its journey from a regional advisory firm to a globally positioned consultancy.

2 min  |

December 08, 2025

Daily FT

Record West Indies performance denies New Zealand in Christchurch

AN unbeaten double century from Justin Greaves, 140 from Shai Hope, and fighting fifty from Kemar Roach have saved the West Indies from defeat in the first Test against New Zealand in Christchurch.

1 min  |

December 08, 2025