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Daily FT

ACCA Sri Lanka holds AGM; Celebrates achievements and appoints leadership for 2025/26

THE Association of Chartered Certified Accountants (ACCA) Sri Lanka held its Annual General Meeting (AGM) on 5 June at the Sapphire Ballroom, Courtyard by Marriott, Colombo. The evening brought together ACCA members to celebrate the many milestones achieved over the year.

2 min  |

June 16, 2025
Daily FT

Daily FT

Sri Lankan delegation explores global innovations at Transport Logistic 2025 in Munich

THE Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) successfully led a high-ranking business delegation to the world-renowned Transport Logistic 2025 exhibition, held from 2-5 June in Munich, Germany.

2 min  |

June 16, 2025
Daily FT

Daily FT

Colombo Commercial High Court orders auction of three firms linked to ex-MP Daya Gamage

THE Colombo Commercial High Court has ordered the public auction of three companies allegedly linked to former MP Daya Gamage, to recover outstanding financial dues.

1 min  |

June 16, 2025

Daily FT

Why Sri Lanka cannot avoid borrowing from international bondholders in 2028?

THIS is a critical question that Sri Lanka needs to start thinking about now itself. Though, Moodys and Fitch have upgraded us from selective default status, S&P still has Sri Lanka at selective default status. Sri Lanka has yet to come fully out of default status. The year 2028, is when external debt repayments are coming due. What is Sri Lanka's position?

6 min  |

June 16, 2025
Daily FT

Daily FT

IMF gives thumbs up to Sri Lanka's reform progress, stresses need to sustaining momentum

THE International Monetary Fund (IMF) this week commended Sri Lanka’s continued progress under its economic reform program, whilst stressing the importance of maintaining reform momentum amid global uncertainty.

3 min  |

June 14, 2025
Daily FT

Daily FT

Effective representation eludes Sri Lanka's minorities

SRI Lanka's minority Tamils, Muslims and Malaiyaga Tamils, are groping in the dark for meaningful participation in a socio-political system dominated by the majority Sinhala-Buddhist community.

9 min  |

June 14, 2025
Daily FT

Daily FT

More bright remits for an Administration on the move

WHEN troubles come, they come not single spies, but in battalions. Sri Lanka seems to have a sufficiency of such intruders these days.

6 min  |

June 14, 2025

Daily FT

Colombo stock market turns negative over external factors

THE Colombo stock market yesterday saw a sell-off of sorts largely influenced by external factors though early gains ensured a modest gain for the week.

1 min  |

June 14, 2025

Daily FT

Iran vows 'powerful response' to Israeli strikes, Trump urges deal

IRAN yesterday vowed 'powerful response' to Israeli strikes whilst the latter's ally US President Donald Trump has called for a deal.

2 min  |

June 14, 2025
Daily FT

Daily FT

Can Global South investments develop Sri Lanka?

SINCE Sri Lankan President Anura Kumara Dissanayake was elected in September 2024, he has made four state visits.

5 min  |

June 14, 2025
Daily FT

Daily FT

Cardinal criticises Govt. of inaction on Easter Sunday probe

Archbishop of Colombo Cardinal Malcolm Ranjith expresses frustration over lack of justice for 2019 Easter Sunday bombing victims

2 min  |

June 14, 2025
Daily FT

Daily FT

Singapore's Q Collection sets up apparel manufacturing operations in Sri Lanka with strategic support from Hela

Q Collection Ltd., a Singapore-based apparel manufacturer recognised for its operational excellence and product diversification, has announced the establishment of manufacturing operations in Sri Lanka with a strategic support from Hela Apparel Holdings PLC, a leading global apparel solutions provider.

1 min  |

June 14, 2025

Daily FT

CRIB goes digital to expand financial horizon

Adopts inclusive model with credit score for SMEs

2 min  |

June 14, 2025

Daily FT

Viren defeat World No. 2 Anders in exhibition game at MBA Courts

SRI Lanka's top ranked Men's Singles shuttler Viren Nettasinghe recorded a straight win against World no.2 ranked Anders Antonsen of Denmark in an exhibition match played at the Mercantile Badminton Association (MBA) Courts at Malalasekara Mawatha, Colombo 7, yesterday.

2 min  |

June 14, 2025

Daily FT

SriLankan Airlines revises European flight routes due to Middle East tensions

SRILANKAN Airlines yesterday said that due to escalating tensions in the Middle East and the closure of airspace in certain parts of the region, it has been compelled to make changes to its European routes, including London, to avoid the conflict zone.

1 min  |

June 14, 2025

Daily FT

'How to Train Your Dragon' now showing in 13 cinemas

AMERICAN fantasy adventure film “How to Train Your Dragon” is now being shown in 13 cinemas in Sri Lanka.

1 min  |

June 14, 2025

Daily FT

HRCSL recommends Public Security Ministry to pay Rs. 200,000 to Rusdi for violating fundamental rights

■Directs all CTID officers to refrain from 'racial profiling' when conducting investigations

1 min  |

June 14, 2025

Daily FT

ITAK secures power in Jaffna Municipal Council

THE Ilankai Tamil Arasu Kachchi (ITAK) has secured a majority in the Jaffna Municipal Council, marking a significant political development in the region.

1 min  |

June 14, 2025
Daily FT

Daily FT

Backpacker tourism and potential towards transformation

BACKPACKER tourism is popular in Sri Lanka, where generally young people globally, especially from Europe arrive seeking the best adventure type of experiential trip.

9 min  |

June 14, 2025

Daily FT

Hands off Iran, Communist Party of Sri Lanka tells Israel

■ Issues statement in solidarity with the Iranian people against imperialist and Zionist aggression ■ Calls on Sri Lankan Government to condemn attack on Iran, to sever ties with the Zionist entity

2 min  |

June 14, 2025

Daily FT

Joes' 'Duel at the Hills' ends in draw

ST. Joseph’s College Maradana took a trip up the Hills for their maiden game in the 2025 Schools Rugby League, following their one-off cameo, but impactful appearance at the Knockouts, to play against the very same team they faced at the previous season’s curtain raiser, but this time with the hope of returning the favour.

1 min  |

June 14, 2025

Daily FT

NDB Araliya unveils exciting gifts to celebrate women who empower nation

IN keeping with its commitment to empowering women through meaningful financial solutions, NDB proudly introduces exciting gifts from NDB Araliya, “to women who empower the nation”.

2 min  |

June 14, 2025
Daily FT

Daily FT

South Korea edges past hosts Sri Lanka in close encounter

IN a nail-biting opener of the Asia Rugby Emirates Men's Championship 2025 Top 4, South Korea narrowly edged past hosts Sri Lanka with a 38/34 victory at the half packed Racecourse Ground last evening.

1 min  |

June 14, 2025

Daily FT

War in ME would deal heavy blow to SL's economy

SRI Lanka yesterday urged Israel and Iran to engage in diplomatic efforts to de-escalate the situation. In a statement issued by the Ministry of Foreign Affairs, Sri Lanka said it is deeply concerned by the recent developments between Israel and Iran and urged both countries to exercise restraint, engage in dialogue and pursue diplomatic initiatives to de-escalate the tense situation.

2 min  |

June 14, 2025
Daily FT

Daily FT

Panadura SC dethrone defending champions NCC

CCC thrash Moors SC in 8-over shoot-out

2 min  |

June 14, 2025

Daily FT

Strengthening Sri Lanka's apparel industry through social compliance: GTEX Workshop concludes in Colombo

THE International Trade Centre (ITC) supported by the Embassy of Switzerland, successfully concluded a full-day workshop on Social Compliance under the Global Textiles and Clothing Program (GTEX) at the Galle Face Hotel, Colombo.

1 min  |

June 14, 2025

Daily FT

Trinity in tough battle against Vidyartha

TRINITY College will lock horns in their second home fixture of the Dialog Schools Under-19 Rugby League 2025 when they meet Vidyartha College today at their Pallekelle Rugby Stadium.

1 min  |

June 14, 2025

Daily FT

Sri Lanka and Pakistan IT associations explore opportunities for bilateral collaboration

THE Consulate General of Sri Lanka in Karachi hosted an online session aimed at fostering collaboration between key stakeholders in the Information Technology (IT) sectors of Sri Lanka and Pakistan.

1 min  |

June 14, 2025

Daily FT

Sri Lanka's National Latin Champions Ryan and Sharanya to represent nation in Moscow

SRI Lanka's top Latin dance duo, Ryan Wijesundara and Sharanya Dias, will represent the nation at the prestigious 'Summer Rhythms' International DanceSport Championships in Moscow, Russia, this week.

1 min  |

June 14, 2025

Daily FT

IRD reopens registration for Tourist VAT Refund Scheme retailers

THE Inland Revenue Department (IRD) has announced the reopening of registration for authorised retailers under the Tourist VAT Refund Scheme (TVRS), offering renewed opportunities for eligible businesses to provide refunds.

1 min  |

June 14, 2025