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Daily FT

Five new envoys present credentials to President

FIVE new envoys have presented their credentials to President Anura Dissanayake at the Presidential Secretariat.

1 min  |

November 17, 2025
Daily FT

Daily FT

Lanka Coffee Association hosts 4th Annual General Meeting

THE Lanka Coffee Association (LCA) held its 4th Annual General Meeting yesterday at the Waters’ Edge Hotel, Battaramulla.

2 min  |

November 17, 2025

Daily FT

Sanasa Life in 1:1 Rs. 522 m Rights issue to bolster solvency

SANASA Life Insurance Company PLC has announced a rights issue amounting to Rs. 522.7 million, subject to regulatory and shareholder approvals, to improve its solvency position.

1 min  |

November 17, 2025

Daily FT

People’s Bank first State bank to secure Corporate Finance Adviser Licence

To date, PBIBU has successfully managed 32 debenture listings and one equity IPO, collectively mobilising over Rs. 200 b

1 min  |

November 17, 2025

Daily FT

LB Finance revises AMF acquisition offer timeline as SEC grants extension

LB Finance PLC has announced a revised timeline for its voluntary offer to acquire Associated Motor Finance Company PLC (AMF), following an extension granted by the Securities and Exchange Commission of Sri Lanka (SEC).

1 min  |

November 17, 2025
Daily FT

Daily FT

Unlocking potential of logistics industry: Addressing challenges and leveraging opportunities

THE logistics sector is a critical determinant of a nation’s economic strength, influencing both microeconomic efficiency and macroeconomic growth by facilitating trade, enhancing supply chain resilience and ensuring the timely delivery of goods and services. In Sri Lanka, the aspiration to establish a prominent regional logistics hub linking international maritime and aviation routes highlights the direct correlation between logistics performance and national economic development. This ambition is especially relevant given the country’s strategic geographical location, which has historically attracted substantial investment and supported significant growth in air and sea connectivity as well as cargo-handling capacity

5 min  |

November 17, 2025

Daily FT

David Pieris Group and Helakuru partner to introduce new era in fair ride-hailing HelaGo

THE David Pieris Group, one of Sri Lanka's largest and most diversified conglomerates, has announced a strategic partnership with HelaGo, the revolutionary ride-hailing platform introduced by the Helakuru Superapp, to jointly advance a fair, transparent and locally empowered mobility ecosystem in Sri Lanka.

2 min  |

November 17, 2025

Daily FT

Cabinet approves five -year strategic plan to strengthen Vidatha program countrywide

Aims to empower rural communities via scientific and technology innovation

1 min  |

November 17, 2025
Daily FT

Daily FT

Oracle of Omaha, value investing icon Warren Buffett to retire at 95

WARREN Buffett will step down as CEO of Berkshire Hathaway at the end of 2025, ending a leadership run of more than 60 years.

1 min  |

November 15, 2025

Daily FT

CSE recovers from early slide to close week flat

THE Colombo stock market fell sharply in early trading yesterday before gaining ground to close the week flat.

1 min  |

November 15, 2025

Daily FT

CH and FC secure 29–5 triumph against Police SC in league opener

CH and FC opened their Inter Club Rugby League 2025/2026 when they outplayed Police SC 29/5 at the Racecourse rugby ground last evening.

1 min  |

November 15, 2025
Daily FT

Daily FT

Havies and Sailors settle for draw at Park

HAVELOCK Park witnessed a fantastic opener for the Inter Club Rugby League 2025/2026 last evening as Havelock SC and Navy SC played out a thrilling 31/31 draw.

1 min  |

November 15, 2025

Daily FT

Dialog posts consistent Q3, strong YTD 2025 performance

Revenue up 6% to Rs. 133.1 b; core revenue up 18% YTD; EBITDA up 40% to Rs. 62.9 b; EBITDA margin up 11.3 pp to 47.3%; INPAT at Rs. 14.9b up over 100%; Taxes paid to Govt. at Rs. 41.9 b; CapEx at Rs. 14.2 b; OFCF up 90% Rs. 37.1 b

3 min  |

November 15, 2025

Daily FT

Ananda Walpita joins Lee Hedges Board

LEE Hedges PLC has appointed Ananda Rajiv Walpita to its Board as an Independent Non-Executive Director.

1 min  |

November 15, 2025
Daily FT

Daily FT

Vantage partners CR & FC to power spirit of rugby

IN a dynamic show of partnership between sport and style, Vantage, the flagship brand of Ebony Holdings Ltd., has joined hands with Ceylonese Rugby & Football lub (CR & FC) as the Main Sponsor for the 2025/26 rugby season.

1 min  |

November 15, 2025
Daily FT

Daily FT

HNB Club Elite Mastercard to unlock red carpet access to 68th Grammy Awards in Los Angeles

HNB PLC, in collaboration with Mastercard, unveiled a limited, fully curated Grammy Awards experience for its invitation-only Club Elite cardholders.

1 min  |

November 15, 2025

Daily FT

Second reading of 2026 Budget passed with majority in Parliament

Four Opposition MPs support, eight abstentions; TPA MP Mano Ganeshan reasons out for voting in favour ITAK MP Shanakiyan; Rasamanickam says party chose abstention as a gesture of goodwill, trusting President

1 min  |

November 15, 2025
Daily FT

Daily FT

Port City Colombo signs agreement for first commercial office development with 34-storey Gateway Tower

A major milestone in Colombo’s, transformation into a regional hub is set to unfold with the development of the 34-storey Colombo Gateway Tower One at Port City Colombo, a state-of-the-art office infrastructure by a Singapore-led investor consortium spearheaded by Canary Wharf Holdings Ltd.

1 min  |

November 15, 2025

Daily FT

Hayleys maintains growth momentum with 1H PBT of Rs. 13 b

Achieves revenue and PBT growth of 13% and 7% during 2Q supported by domestic and export-oriented businesses; Ranked as Sri Lanka's leading listed corporate in 32nd edition of LMD 100; Accelerates growth through strategic expansion in new verticals; Broadened strategic footprint with entry into mobility and supermarket sectors and acquisition of substantial stake in Harischandra Mills PLC

3 min  |

November 15, 2025

Daily FT

Hayleys...

The group said that domestic macroeconomic conditions continued to improve, underpinned by prudent monetary policy, sustained revenue growth and ongoing fiscal consolidation, creating amore enabling environment for business expansion.

2 min  |

November 15, 2025
Daily FT

Daily FT

Babar’s century seals ODI series for Pakistan

Sri Lanka lose second game by 8 wickets

2 min  |

November 15, 2025

Daily FT

Cabinet approves construction of new fuel tanks to ensure 45-day petroleum stock

IN a move to strengthen the country's fuel security, the Cabinet of Ministers this week approved constructing new storage tanks and replace aging ones at the Kolonnawa and Muthurajawela terminals, enabling the Ceylon Petroleum Storage Terminal Company (CPSTL) to maintain a minimum petroleum stock sufficient for 45 days.

1 min  |

November 15, 2025

Daily FT

CoPF finds 2026 Appropriation Bill aligns with IMF program commitments

Draft report compiled by CoPF technical team also confirms Bill aligns with key requirements under Public Financial Management and Public Debt Management Acts; Committee report expects vehicle import tax revenue to decline in 2026

1 min  |

November 15, 2025

Daily FT

Budget 2026 built on clean politics, inclusivity, production-led growth: Dr. Fernando

Finance Deputy Minister Dr. Anil Jayantha Fernando says political environment crucial for maintaining social contract that supports investment; Calls on stakeholders to look at Budget 2026 beyond the numbers, as social protection and welfare programs designed to ensure no one is left behind; Stresses need for greater export diversification in both products and destinations; Affirms Govt. remains committed to debt sustainability, describing it as a 'given situation' that must be managed prudently within existing framework; Highlights importance of boosting local production, clarifying Govt.'s objective is not to restrict imports, but to encourage production that complements investment and industrial inputs

2 min  |

November 15, 2025
Daily FT

Daily FT

Meet the youth artistes of Jaffna

Exploring need to integrate art and artistes into economic revival of Sri Lanka

8 min  |

November 15, 2025

Daily FT

SriLankan rolls out self-check-in service for customer airlines

SRILANKAN Airlines’ Airport and Ground Services said it has rolled out its self-check-in service for passengers of customer airlines ahead of the winter travel high season, which is expected to bring over 300,000 tourists to the island in December alone.

1 min  |

November 15, 2025
Daily FT

Daily FT

New York goes Left

Zohran Mamdani’s historic victory and what it means for global cities

3 min  |

November 15, 2025

Daily FT

Sky Gallery kicks off exhibition of 'Her Face, Her Power'

Portraits of women by Gustav Klimt and Frida Kahlo showcase female identity, strength, and spirit

1 min  |

November 15, 2025
Daily FT

Daily FT

Geoffrey Bawa Trust hosts range of events to mark festive season

THE Geoffrey Bawa Trust has announced a range of events in the coming weeks, from the latest in its 'Thai Architects Program' to the much-anticipated 'Open House Colombo' weekend, as well as the annual Design Market and the monthly 'Ways of Knowing' curatorial exhibition tour, to mark the festive season.

2 min  |

November 15, 2025

Daily FT

Cabinet approves five-year strategic plan to strengthen Vidatha program countrywide

Aims to empower rural communities via scientific and technology innovation

1 min  |

November 15, 2025
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