Newspaper
Daily FT
Lasitha Wimalaratne appointed Executive Director/CEO at HNB Assurance
LASITHA Wimalaratne has been appointed as an Executive Director/Chief Executive Officer of HNB Assurance PLC (HNBA).
1 min |
June 13, 2025
Daily FT
SriLankan Airlines' sudden publicity blitz amidst numerous complications
EARLY this month, the islanders were treated to a feel-good cheer when the national carrier SriLankan Airlines (SLA) newly added Airbus A330-200 aircraft performed a rare, low-altitude flyover from Colombo Port City to Panadura, providing the masses a clear view of the newest addition to the state-owned carrier's fleet.
2 min |
June 13, 2025
Daily FT
People's Bank triumphs at AICPA & CIMA - JXG Pinnacle Awards 2025
IN a resounding affirmation of its industry leadership and commitment to excellence, People's Bank secured multiple prestigious awards at the AICPA & CIMA - JXG Pinnacle Awards 2025, held on 11 June at Cinnamon Life, Colombo. The glittering ceremony, which marked the revival of one of Sri Lanka's most revered corporate recognitions after an 18-year hiatus, brought together leaders from across the public and private sectors to celebrate innovation, resilience, and outstanding performance across eight key categories.
2 min |
June 13, 2025
Daily FT
Priority trade and competitiveness reforms for Sri Lanka – Part 3
A recent Policy Note published by the Centre for a Smart Future (CSF) outlined eight priority trade and competitiveness reforms for Sri Lanka, in responding to global economic challenges. In previous articles (16 May and 29 May), we recapped key messages from Priority Areas 1, 2, 4, 5 and 6 contained in the Policy Note. In this third and final article in the series, we cover Priority Area 7 - 'Advancing Commercial Diplomacy'.
4 min |
June 13, 2025
Daily FT
Dialog Awards 2024 celebrates excellence and innovation in partnership with MTI
DIALOG Axiata recently marked the 13th year of the Dialog Awards, in collaboration with MTI Consulting as its independent judging partner, recognising outstanding contributions toward advancing innovative technology solutions.
1 min |
June 13, 2025
Daily FT
Delmege and Shell Lubricants celebrate landmark partnership
DELMEGE, one of Sri Lanka’s most trusted and diversified conglomerates, hosted an event on 11 June 2025 at the Shangri-La Hotel, Colombo, to mark a significant milestone in its partnership with globally renowned energy brand Shell.
1 min |
June 13, 2025
Daily FT
As Prof. Arjuna De Silva turns 60
I first met Professor Arjuna De Silva as his patient. I was immediately impressed by this consultant physician, especially by his considerable knowledge, remarkable efficiency and commitment. I also remember thinking that he was a bit arrogant, even bordering on the rude. He was just being matter-of-fact, strictly focused on diagnosis, prognosis and prescription. In the 25 years that have passed since then, I have had ample reason to conclude that behind the confident and sometimes stern exterior that I first encountered, there was a sensitive, intelligent, and scrupulously honest friend just waiting to be discovered.
2 min |
June 13, 2025
Daily FT
Cabinet approves resumption of land acquisition for Central Expressway Phase IV
THE Cabinet of Ministers on Monday approved the resumption of land acquisition activities for Phase IV of the Central Expressway construction covering the Kurunegala to Dambulla section.
1 min |
June 12, 2025
Daily FT
ASPI's YTD return tops 10% mark as CSE sustains upward march
THE Colombo stock market yesterday sustained its upward march with healthy turnover powered by optimistic investors.
2 min |
June 12, 2025
Daily FT
World Bank cuts 2025 growth forecasts for 70% of economies
HEIGHTENED trade tensions and policy uncertainty are expected to drive global growth down this year to its slowest pace since 2008 outside of outright global recessions, according to the World Bank's latest Global Economic Prospects report.
2 min |
June 12, 2025
Daily FT
President meets German counterpart in Berlin
PRESIDENT Anura Kumara Disanayake, who is currently on an official visit to the Federal Republic of Germany, was warmly received yesterday by German President Frank-Walter Steinmeier.
1 min |
June 12, 2025
Daily FT
Will Protea seamers exploit bowling conditions at Lord's against Kangaroos in WTC Final?
AS we gear up for the much-anticipated World Test Championship (WTC) Final at Lord’s, the spotlight is on whether South Africa’s seam attack can exploit the conditions at the historic venue against a seasoned Australian side.
2 min |
June 12, 2025
Daily FT
Hela Apparel divests two subsidiaries for Rs. 2.7 b as part of ongoing restructuring
Forms broader strategic partnership with Singapore-based Q Collection for plants in Narammala and Mawathagama
2 min |
June 12, 2025
Daily FT
Strengthening cross-border finance from regulation to innovation
International Financial Services Centres Authority (IFSCA) Executive Director Pradeep Ramakrishnan, brings over 27 years of regulatory and corporate experience to his current role, where he oversees critical areas including capital markets, sustainable finance, commodities and market infrastructure.
10+ min |
June 12, 2025
Daily FT
Rs. 100 m allocation for key industrial and entrepreneurial initiatives
THE Cabinet of Ministers at their meeting on Monday approved allocating Rs.100 million for a series of key initiatives aimed at boosting industrial and entrepreneurial projects.
1 min |
June 12, 2025
Daily FT
Light up 15% costlier electricity from today
PUCSL Chairman Prof. K.P.L. Chandralal describes decision as \"decisive and sensitive\" Cites decision is fair considering all stakeholders involved Affirms tariff stability remains top priority, Commission considering updates to current pricing methodology Says despite hike, electricity bills remain 8% lower in 2025 compared to 2024 due to prior reductions Household monthly bills will rise by Rs. 240 for 90 units, Rs. 360 for 120 units, Rs. 600 for 160 units, Rs. 840 for 180 units and Rs. 2,029 for electricity usage above 300 units Religious and charitable institutions with usage under 90 units remain unaffected Industrial, hotel and general-purpose sectors face average hike of 14-15% State institutions see average 16% rise in electricity bills PUCSL Director General Damitha Kumarasinghe says electricity tariffs only risen 30% since 2014, remaining among least inflated services
2 min |
June 12, 2025
Daily FT
Saracens SC, Unichela SC qualify for Governor's Trophy final
SARACENS SC and Unichela SC won their rain-affected semi-finals against Kandukara CC and Old Dharmapalians SC respectively to qualify for the final of the Governor's Trophy.
1 min |
June 12, 2025
Daily FT
Union Bank hits the road with Ranvisadum pawning services
UNION Bank has unveiled its new propaganda vehicle for pawning as part of its island-wide pawning campaign for “Ranvisadum”.
1 min |
June 12, 2025
Daily FT
Huawei's new Single SitePower solution creates four synergies to accelerate site intelligence
DURING the ninth Global ICT Energy Efficiency Summit in Dubai, Huawei showcased its next-generation digital and intelligent site power facility solution Single SitePower, which is set to drive the intelligent transformation of ICT energy infrastructure.
1 min |
June 12, 2025
Daily FT
Cabinet moves to strengthen State media through strategic realignment and modernisation
IN a move to enhance the performance and relevance of State-owned media institutions, the Cabinet of Ministers on Monday approved key proposals to boost operational efficiency, preserving institutional identities and modernising outdated broadcasting infrastructure.
1 min |
June 12, 2025
Daily FT
NCINGA partners Resulticks, Google Cloud, and Denodo
Introduces benefits of Customer Data Platforms for hyper-personalisation with technology
2 min |
June 12, 2025
Daily FT
Greenpeace South Asia celebrates World Ocean Day in solidarity with impacted communities from Kerala shipwreck disaster
GREENPEACE South Asia marked World Oceans Day 2025 with a powerful celebration at Gintota Beach in Galle, where a stunning gathering of kayaks featuring a majestic turtle took centre stage to highlight the critical role the ocean plays in sustaining biodiversity, regulating the climate, and supporting coastal communities.
2 min |
June 12, 2025
Daily FT
Johann Peries nears mountaineering glory with final Seven Summits climb
JOHANN Peries last week stood before a room full of friends, supporters, and press at Cinnamon Life, City of Dreams, and shared a dream he's spent years chasing.
2 min |
June 12, 2025
Daily FT
Tony Blair Institute officials meet Secretary to the President
Financial and technical assistance for four key institutions
1 min |
June 12, 2025
Daily FT
SLCBCC sheds light on efforts to grow bilateral trade with China
THE Sri Lanka China Business Corporation Council (SLCBCC) took several measures to develop trade, investment, and capacity development between Sri Lanka and China recently.
1 min |
June 12, 2025
Daily FT
EU supports Election, Platform, and Information Integrity Global Summit in Colombo
FACTUM, an Asia Pacific-focused foreign policy think-tank based in Colombo, Sri Lanka, with support from the European Union (EU) Delegation to Sri Lanka and Maldives, is hosting a global summit on mitigating online harms and strengthening societal resilience on 11 and 12 June at the Cinnamon Life, Colombo.
1 min |
June 12, 2025
Daily FT
Rs. 175 b T-Bill auction fully subscribed
Weighted average rates remain mostly unchanged Secondary Bond market quiet ahead of auction; yields steady Rs. 111 b T-Bond auction in focus Rupee appreciates
2 min |
June 12, 2025
Daily FT
Ceylon Chamber to host exclusive B2B event with leading Swiss companies
THE Ceylon Chamber of Commerce has announced an exclusive B2B networking event titled “Connect with Swiss Businesses: Explore New Partnerships”, to be held on Monday, 16 June from 12 noon to 2p.m., at the Ceylon Chamber premises.
1 min |
June 12, 2025
Daily FT
Lankadeepa Aloka Pooja at Thanthirimale for 22nd consecutive year
THE 'Lankadeepa Aloka Pooja' at the Thanthirimale Temple, organised annually by Wijeya Newspapers Ltd. (WNL) to mark Poson Poya, for the 22nd consecutive year commenced on Monday.
1 min |
June 12, 2025
Daily FT
HNB crowned champions at TFAB Cricket Sixes Tournament
THE banking sector came alive with electrifying energy, sporting spirit, and fierce competition at the Trade Finance Association of Bankers (TFAB) Cricket Sixes Tournament, held on 24 May at the Thurstan College Grounds in Colombo.
2 min |