Newspaper
Daily FT
Donald Trump delays tariff deadline to 1 August
THE US is close to finalising several trade pacts in the coming days and will notify other countries of higher tariff rates by 9 July, US President Donald Trump said last week, with the higher rates set to take effect on 1 August.
1 min |
July 08, 2025
Daily FT
Sri Lanka faces 50,000 job loss risk amid looming US tariffs: FTZMA
SRI Lanka's economy could face a significant blow, with the Free Trade Zone Manufacturers' Association (FTZMA) yesterday cautioning that the proposed tariffs by US President Donald Trump may trigger the loss of up to 50,000 jobs in the initial phase and undermine the country's competitiveness across South and Southeast Asia.
1 min |
July 08, 2025
Daily FT
Advocata urges Govt. not to kill what's helping e-commerce customers; pushes for checkout tax reform
THE Advocata Institute yesterday urged the Government not to drive away what's helping consumers when it comes to e-commerce and recommended adopting a Vendor Collection Model.
2 min |
July 08, 2025
Daily FT
Colombo Dockyard to raise Rs. 13 b via Rights Issue
Proposed issue at Rs. 40 each per share is part of $ 53 m deal to bring in India's Mazagon to acquire controlling interest Post-announcement, DOCK share price dips by 14% to Rs. 80.90
2 min |
July 08, 2025
Daily FT
Secondary bond market yields hold steady
Rs. 72.50 b T-bill auction in focus Rs 200 b T-bond auction details announced Rupee depreciates
2 min |
July 08, 2025
Daily FT
Insight of economics: Push and pull factors
SRI Lanka is navigating in turbulent waters with uncertainties and risks in the midst of conflicts in the Middle East and Ukraine and changes to US export tariffs in the offing.
8 min |
July 08, 2025
Daily FT
Sri Lanka's rapid ageing: Challenge and opportunity
RETURNING to Sri Lanka after 17 years in June 2025, I was struck by how much has changed and by one reality that must not be ignored: Sri Lanka is ageing faster than most countries in the world.
4 min |
July 08, 2025
Daily FT
People's Bank holds People's Remittance Vaasi Kotiyai 2025 – Sanwathsara Pranama Draw
IN celebration of its 64th Anniversary, People’s Bank held the ‘People’s Remittance Vaasi Kotiyai 2025Sanwathsara Pranama Draw’ on 1 July at the bank’s Head Office in Colombo 02.
1 min |
July 08, 2025
Daily FT
Fashion visionary Prassanna Pathmanathan honoured on global stage
IN a moment of well-earned global recognition, Prassanna Pathmanathan, one of Sri Lanka’s foremost names in fashion and pageantry, was awarded the ‘Creative Visionary in Fashion and Pageantry’ title at the Passion Vista Glamour and Style Awards and Global Leadership Forum held recently at Waters Edge Hotel.
1 min |
July 08, 2025
Daily FT
Advocata...
Until June, it said, incoming parcels were taxed under an informal 'per kilo' system, where agents declared goods as personal effects and paid a flat fee.
2 min |
July 08, 2025
Daily FT
Insurance regulator kicks off nationwide awareness campaign from Matara
■Mass-scale initiative launched under the theme \"Insurance for All: For a Secure Future
3 min |
July 08, 2025
Daily FT
Singer Finance and DIMO forge strategic partnership to expand customer benefits
SINGER Finance PLC has entered into a strategic partnership with Diesel & Motor Engineering PLC (DIMO), to offer enhanced financial solutions to a wider customer base across the island.
1 min |
July 08, 2025
Daily FT
Pinch hitter dilemma forces Sri Lanka to recall tried and tested duo
■Dasun Shanaka, Chamika Karunaratne recalled to T201 squad for BD series ■Only uncapped player Eshan Malinga in 17-member squad
2 min |
July 08, 2025
Daily FT
Expedition-ready new Defender 110 Trophy Edition celebrates spirit of adventure
THE new Defender 110 Trophy Edition celebrates the return of the brand to international adventure challenge events and offers a range of recommended expedition accessories that make the vehicle the perfect companion for every expedition.
2 min |
July 08, 2025
Daily FT
India script inspiring first Test win at Edgbaston
REQUIRING seven wickets to win on the final day, Indian bowlers—led by Akash Deep, who registered his maiden ten-wicket haul—bowled England out for 271 to square the five-match series 1-1. India came into the second Test at Edgbaston with the history of not having won a single Test match at the venue and without having their premium bowler, Jasprit Bumrah, in the playing XI.
1 min |
July 08, 2025
Daily FT
Hong Kong China secure debut RWC 2027 berth in Australia as Sri Lanka licks its wounds
SRI Lanka's campaign in the Asia Rugby Emirates Men’s Championship 2025 fell agonisingly short, as back-to-back defeats to South Korea and the United Arab Emirates left the Island nation facing a relegation playoff.
2 min |
July 08, 2025
Daily FT
Union Assurance rewards Union Bank top performers
UNION Assurance, recently hosted an exclusive recognition event to honour the outstanding achievements of its top-performing team members from the Union Bank's Bancassurance channel.
1 min |
July 08, 2025
Daily FT
Nemantha and Sanjika appointed to PMF Finance Board
PMF Finance PLC has announced the appointment of Nemantha Nilhan Abeysinghe and Sanjika Perera as Non-Executive Non-Independent Directors of the company.
1 min |
July 08, 2025
Daily FT
Singer drives sustainable mobility with Piaggio Apé E City launch at Colombo EV Motor Show 2025
IN a bold step toward sustainable modern transportation, Singer Sri Lanka PLC, in partnership with Piaggio Vehicles, proudly unveiled the Piaggio Apé E City, an advanced electric three-wheeler, at the Colombo EV Motor Show 2025. The launch marks a pivotal moment in Sri Lanka’s transition to electric mobility solutions, reinforcing Singer’s commitment to innovation and responsible progress.
1 min |
July 08, 2025
Daily FT
AMW and Orient Insurance join forces to uplift collision repair services
ASSOCIATED Motorways Ltd., (AMW), sole distributor for Nissan and Suzuki, recently signed a Memorandum of Understanding (MoU) with Orient Insurance.
1 min |
July 08, 2025
Daily FT
Kickerz Football Carnival a success
THE Kickerz Football Carnival 2025 made history this June, bringing unmatched energy, inclusivity, and scale to Colombo's Racecourse Grounds on 21 and 22 June.
1 min |
July 08, 2025
Daily FT
Innovation and lives at stake in Sri Lanka's smoking policy decisions
SRI Lanka has achieved progress in smoking control, with an adult smoking prevalence of 8.7% — well below global averages and approaching the 5% threshold that defines smoke-free status. Yet this overall figure masks disparities: male smoking rates reach 17.7%, suggesting that while aggregate numbers appear promising, significant challenges remain within specific demographics. Compounding these challenges, certain regulatory gaps may be hindering the country's progress toward this important milestone.
3 min |
July 08, 2025
Daily FT
S-lon Lanka CEO Nalin Jayawardhana named CMG's Executive of the Year
THE Capital Maharaja Group (CMG) recently named Nalin Jayawardhana, CEO of S-lon Lanka, as the winner of its much coveted Executive of the Year award for 2024.
1 min |
July 08, 2025
Daily FT
Why investors are reluctant to come to Sri Lanka despite incredible potential
IN recent months, a striking pattern has emerged at regional investor forums in places like Singapore, New Delhi, and Bangkok: Sri Lanka is consistently on the radar—but often for the wrong reasons.
2 min |
July 08, 2025
Daily FT
SLPA team visit Port of Antwerp-Bruges in Belgium
SRI Lanka Embassy in Belgium together with the Port of Antwerp-Bruges International (PoABI) in Belgium organised a two-day fact finding visit for an official delegation from the Sri Lanka Port Authority (SLPA) on 23 and 24 June. This initiative aimed to strengthen bilateral cooperation in the port sector between Sri Lanka and Belgium.
1 min |
July 08, 2025
Daily FT
SLB conducts successful World Badminton Day Walk
SRI Lanka Badminton (SLB) successfully conducted the annual World Badminton Day Walk, graced by dignitaries and a large presence of players, coaches, and officials on 5 July, around the vicinity of its Headquarters at Maitland Place, Colombo 7.
1 min |
July 08, 2025
Daily FT
Sri Lanka's Asia Rugby dream ends: Wake-up call for revival of rugby
SRI Lanka's campaign in the Asia Rugby Championship came to a disappointing end after a hard-fought 29-21 defeat to the United Arab Emirates in their final qualifier match last week. Having already suffered losses to Korea and Hong Kong, this defeat seals Sri Lanka's exit from the tournament, leaving many to reflect on what exactly went wrong.
2 min |
July 08, 2025
Daily FT
Η One secures top spot at Microsoft Agentic Al Hackathon
H One, a leading innovator in enterprise AI solutions and a trusted Microsoft partner, has announced its victory at the regional Microsoft Agentic AI Hackathon.
2 min |
July 08, 2025
Daily FT
Fault lines between Dollars and Dhamma
IN Sri Lanka, on a 24/7 basis the words of wisdom of Gautama Buddha are related in some place or another.
5 min |
July 08, 2025
Daily FT
Pathfinder Foundation 'Dialogue with Diplomats' today to discuss energy independence and security
THE Pathfinder Foundation will today hold a half-day session at Courtyard by Marriott to discuss policy options and strategies that need to be adopted to achieve sovereignty and independence of energy using the country's abundant renewable energy resources, including hydro and solar energy.
1 min |