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Newspaper

Daily FT

Evolution Auto launches test drive campaign for Sri Lanka's first-ever Performance Lifestyle Vehicle

EVOLUTION Auto Ltd, with the largest range of EVs, recently announced the official launch of its much-anticipated test drive campaign for Riddara, Sri Lanka's first-ever Performance Lifestyle Vehicle (PLV).

1 min  |

June 11, 2025
Daily FT

Daily FT

Sri Lanka Trade, Investment and Tourism Promotional Event successfully held in Mumbai

THE Consulate General of Sri Lanka in Mumbai, together with the Trans Asian Chamber of Commerce and Industry (TACCI), organised a Sri Lanka Trade, Investment and Tourism Promotional Event on 23 April at the Royal Bombay Yacht Club.

1 min  |

June 11, 2025
Daily FT

Daily FT

New coast management law to tackle unregulated beach development and align with tourism needs

A sweeping revision of Sri Lanka’s Coast Conservation and Coastal Resources Management Department (CC&CRMD) Act is on the horizon, with a draft expected within the next few months.

3 min  |

June 11, 2025

Daily FT

Seylan Bank facilitates dream vehicle imports with pre-approved Seylan Lease

SEYLAN Bank stands ready to provide customers a unique offering that facilitates the import of anyone’s dream vehicle through a pre-approved lease, allowing car importers and automobile enthusiasts alike to upgrade an existing vehicle or invest in a new one with ease.

1 min  |

June 11, 2025
Daily FT

Daily FT

Prime Lands Residencies crowned 'Developer of the Year Sri Lanka' at Real Estate Asia Awards 2025

ACKNOWLEDGING visionary developments and market-leading innovations, Prime Lands Residencies PLC was named 'Developer of the Year – Sri Lanka' at the glamorous Real Estate Asia Awards 2025 gala held on 5 June at the prestigious Marina Bay Sands Expo and Convention Centre in Singapore.

2 min  |

June 11, 2025
Daily FT

Daily FT

ComBank and Indra Traders partner to offer exclusive leasing benefits

THE Commercial Bank of Ceylon has entered into a strategic partnership with Indra Traders Ltd., to promote the latter's vehicle portfolio through attractive leasing facilities.

1 min  |

June 11, 2025

Daily FT

Sri Lanka to face South Korea in circular Asia Rugby Top 4 opener

SRI Lanka will begin their Asia Rugby Top 4 for 2025 campaign with a challenging fixture against South Korea on 13 June at the Racecourse Grounds in Colombo.

1 min  |

June 11, 2025
Daily FT

Daily FT

DIMO revolutionises vocational training via new facility in Peliyagoda

DIMO relocates DATS expanding student capacity New programs include Automobile Mechatronics, Plant Engineering, and Hybrid Vehicle Technology, to cultivate industry talent Full-time learners up from 9 in 2018 to over 200 now Plant Engineering Diploma offers guaranteed jobs with German partner HomeServe Prime Minister backs vocational education in Sri Lanka's Decade of Skills Development Calls to end stigma around vocational jobs and value skilled workers Says private sector and Govt. partnerships driving education reform

3 min  |

June 11, 2025

Daily FT

Unleash: New Sri Lankan MMA promotion set to catapult local talent onto global stage

A dynamic new force is set to revolutionise the Sri Lankan sports landscape with the launch of “Unleash,” a premier sports promotion brand dedicated to Grappling, Muaythai and Mixed martial arts (MMA).

2 min  |

June 11, 2025
Daily FT

Daily FT

De Livera, Samuditha star in SL Emerging team's win

WICKET-KEEPER/BATSMAN Sohan de Livera’s magnificent rescue century of 130 supported by left-arm fast-medium bowler Dulaj Samuditha’s match bag of eight wickets saw Sri Lanka Emerging commence their tour of the Caribbean on a winning note when they beat West Indies Academy by 75 runs in the first of two 4-day matches played at Coolidge Cricket ground, Antigua.

1 min  |

June 11, 2025
Daily FT

Daily FT

AKD calls for unity in advancing positive social transformation

PRESIDENT Anura Kumara Disanayake yesterday emphasised that the transformation which took place in Sri Lankan society with the introduction of Buddhism laid the foundation for a disciplined and culturally sophisticated nation.

3 min  |

June 11, 2025

Daily FT

CH17 to revive conventional over-the-counter air ticket issuance

Proposes to introduce 'Ticket Miles' - a loyalty program to encourage walk-ins to travel agents

2 min  |

June 11, 2025

Daily FT

Amana Takaful General and Seylan Bank forge game-changing bancassurance alliance

IN a significant move to reshape the landscape of insurance accessibility in Sri Lanka, Amana Takaful General PLC, one of the nation’s fastest-growing insurance providers, has entered into a strategic bancassurance agreement with Seylan Bank PLC, a trusted name among Sri Lankan banks.

1 min  |

June 11, 2025

Daily FT

Minnows kick League off to a flying start

ALTHOUGH thoroughly anticipated, the three Dark Horses viz. Kingswood, Ananda and Mahanama, still rattled and baffled the crème of the prime Division to surprise and captivate the attention and hearts of all the schools' rugby followers.

6 min  |

June 11, 2025
Daily FT

Daily FT

Advancing Sri Lanka's role in regional arbitration

THE Sri Lanka National Arbitration Centre (SLNAC) represented the nation at the prestigious SCO Arbitration Forum recently, hosted by the China International Economic and Trade Arbitration Commission (CIETAC).

2 min  |

June 11, 2025
Daily FT

Daily FT

Bad weather forces TC to hold quarter-final round for first time

Matches to commence at 2 p.m. instead of morning Two quarter-final matches today

2 min  |

June 11, 2025
Daily FT

Daily FT

Institutions and development

WHY are some countries rich and others poor? An age-old question in economics, with numerous hypotheses suggested as answers. It is clear that being richly endowed with natural resources is not a reliable indicator; D.R. Congo lies atop substantial mineral wealth, yet its people are among the poorest in the world. Conversely, Japan is noted for lacking natural resources and ranks among the highest income per capita countries in the world. Culture is another non-starter; North and South Korea share the same language and heritage, yet at present one country is economically impoverished and the other is an economic superpower.

6 min  |

June 11, 2025
Daily FT

Daily FT

Radisson Hotel Kandy celebrates second year of global sustainability recognition

RADISSON Hotel Kandy has announced its successful completion of the Hotel Sustainability Basics audit for the second consecutive year, reaffirming its steadfast commitment to sustainability and responsible hospitality.

2 min  |

June 11, 2025
Daily FT

Daily FT

AKD off to Germany tomorrow

PRESIDENT Anura Kumara Disanayake will undertake an official visit to the Federal Republic of Germany from 11 to 13 June on the invitation of the German President Frank-Walter Steinmeier.

1 min  |

June 10, 2025
Daily FT

Daily FT

DFCC Bank secures $ 12 m to expand green financing in Sri Lanka

DFCC Bank has supported businesses that aim to grow while minimising their environmental impact for years.

1 min  |

June 10, 2025
Daily FT

Daily FT

Colombo stock market further sustains all-time high level

THE Colombo stock market opened the week on a bullish sentiment yesterday, further sustaining an all-time high level.

2 min  |

June 10, 2025
Daily FT

Daily FT

Thriller at Reid Avenue: ONHC stun RCHC – A in Andriesz Shield opener despite Pakistani star power

IF Sunday night’s electric clash at the Colombo International Hockey Arena is any indication, the 2025 Andriesz Shield will be a season unlike any other.

2 min  |

June 10, 2025
Daily FT

Daily FT

Singapore-flagged container ship catches fire off Kerala coast, four crew members missing

THE Singapore-flagged ship MV Wan Hai 503 yesterday caught fire 78 nautical miles away from the Beypore coast in Kerala.

2 min  |

June 10, 2025
Daily FT

Daily FT

SSC eat humble pie as Malay CC win Tier B T20 final

IT was a red-letter day for Malay CC as they humbled the mighty SSC by six wickets to win the SLC Tier B T20 final played at the Colts grounds yesterday.

3 min  |

June 10, 2025
Daily FT

Daily FT

Sri Lanka welcomes over 21,000 tourists in early June

SRI Lanka has welcomed 21,293 tourists in the first five days of June 2025, pushing the cumulative number of visitors to over the 1.05 million mark.

1 min  |

June 10, 2025
Daily FT

Daily FT

Human development progress slows to 35-year low: UN Development Programme report

HUMAN development progress is experiencing an unprecedented slowdown according to a new report released recently by the United Nations Development Programme (UNDP).

3 min  |

June 10, 2025
Daily FT

Daily FT

BASL FR petition: Groundswell initiative for creation of zero tolerance ragging culture

THE Bar Association of Sri Lanka (BASL) should receive the nation encomia for filing a fundamental rights petition under case No. SC/FR/101/2025 to the Supreme Court (SC) with a view to eradicating the ragging menace from Sri Lankan universities. It is a timely initiative at a time when all the stakeholders display a sense of passivity and ignorance in agape and abdicated their responsibilities.

10+ min  |

June 10, 2025
Daily FT

Daily FT

Visa reaffirms long-term commitment to Sri Lanka with tourism and digital transformation push

VISA, the global payments leader, yesterday reaffirmed its long-term commitment to Sri Lanka's economic development and tourism growth, hosting its Asia Pacific Leadership Summit in Colombo.

2 min  |

June 10, 2025

Daily FT

Economic sentiment flickers – survey

PIONEERING business magazine LMD has reported in its June issue: “The tide appears to have shifted again with businesspeople turning more optimistic.”

1 min  |

June 10, 2025
Daily FT

Daily FT

Remembering Dr. Shahul H.M. Nilar: Scientist of eminence

DR. Shahul Nilar, a renowned scientist in the fields of Quantum Chemistry and Computational Drug Design, passed away peacefully on 31 May 2025, while visiting family in Malaysia.

2 min  |

June 10, 2025