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Daily FT

Daily FT

Luxury redefined: AVATR, XPeng, IM Motors, and RIDDARA arrive in Sri Lanka to challenge European giants

The future of luxury EVs arrive in Sri Lanka to rival European giants

3 min  |

August 15, 2025

Daily FT

Parliament complex sees major facelift after four decades

EXTENSIVE renovations of the Parliament of Sri Lanka complex have recently begun under Cabinet approval. These renovations are taking place after more than 42 years, a Parliament Secretariat statement said.

1 min  |

August 15, 2025
Daily FT

Daily FT

Plate grabbed by the sturdiest hand

Joes found it hard to defend Ananda Mauls, although they diffused a few of them.

2 min  |

August 15, 2025
Daily FT

Daily FT

Beyond Boundaries: Aitken Spence Logistics Transforming Sri Lanka's Logistics Landscape

As Sri Lanka celebrates National Logistics Day on August 16, Aitken Spence Logistics, a fully integrated subsidiary of Aitken Spence PLC, reflects on its enduring role in shaping the country's logistics landscape.

2 min  |

August 15, 2025

Daily FT

Yara Technologies partners Clover Infotech for Africa expansion

Sri Lankan EdFinTech startup Yara to launch Talkative Parents and Quanta in Botswana Supports schools with predictive analytics and seamless communication solutions

1 min  |

August 15, 2025

Daily FT

National Chamber, NEDA launch Entrepreneur Awards 2025 – Western Province

THE National Chamber of Commerce of Sri Lanka, in partnership with the National Enterprise Development Authority (NEDA), launched the Western Province Entrepreneur Awards 2025.

1 min  |

August 15, 2025
Daily FT

Daily FT

SLC T20 League final turns out to be damp squib

Rain and wet outfield allow only three overs of play

1 min  |

August 15, 2025

Daily FT

Browns bags Silver at NBEA 2025

BROWN & Company was recently honoured with the Silver Award in the Trading Category at the National Business Excellence Awards (NBEA) 2025, organised by the National Chamber of Commerce of Sri Lanka (NCCSL).

1 min  |

August 15, 2025
Daily FT

Daily FT

Asian Travel Solutions celebrates first anniversary with remarkable growth and regional expansion

Tech-driven travel agency marks one year of innovation, expansion, and service excellence in Sri Lanka and beyond

2 min  |

August 15, 2025
Daily FT

Daily FT

Scanwell Celebrates Logistics Day with Milestones in Sri Lanka and Beyond

As Sri Lanka marks National Logistics Day 2025, Scanwell Logistics joins the celebration, underscoring the vital role logistics plays in connecting markets, strengthening economies, and driving innovation across industries.

2 min  |

August 15, 2025

Daily FT

Message from High Commissioner of India

H. E. Santosh Jha

4 min  |

August 15, 2025

Daily FT

Cargills Bank posts Rs. 240 m PAT for 1H 2025

■1H Profit before Income Tax Rs. 464 m, an increase of Rs. 158 m ■Net fee and commission income grow by Rs. 55 m ■Total Capital Ratio at 18.06% ■Liquidity Coverage Ratio, Rupee at 174.93% and All Currency at 138.68% ■Net Stable Funding Ratio at 127.71% ■Total Assets grow by Rs. 4.2 b

2 min  |

August 15, 2025

Daily FT

Saram companies honoured at National Industry Brand Excellence Awards

SARAM Auto Industries and Saram Marine Solutions have been honoured as the Best National Industry Brand – Small Scale in the Maritime and Shipping Related Industry Sector at the National Industry Brand Excellence Awards 2024.

1 min  |

August 15, 2025
Daily FT

Daily FT

Hayleys Energynet powers critical infrastructure for FMCGs

Commissions first Riello NextEnergy NXE 300 kVA Transformer-Free UPS system Claims energy efficiency of up to 97% (online mode), 98.5% (Active ECO mode), and 99% (standby)

1 min  |

August 15, 2025
Daily FT

Daily FT

Global air cargo demand in June up 0.8% despite trade disruptions

The International Air Transport Association (IATA) released data for June 2025 global air cargo markets showing:

2 min  |

August 15, 2025

Daily FT

PMF Finance appoints Ivon Brohier as Chief Operating Officer to drive strategic and operational growth

PMF Finance PLC has announced the appointment of Ivon Brohier as its new Chief Operating Officer, reinforcing the company’s strategic direction and operational agility as it continues its transformation journey.

1 min  |

August 15, 2025

Daily FT

Chamber of Marine Industries of Sri Lanka holds AGM, charts course for future growth

THE Chamber of Marine Industries of Sri Lanka (CMISL) convened its third Annual General Meeting (AGM) at the Cinnamon Grand last week. This gathering marked a significant milestone in the nation’s maritime journey, uniting industry leaders, experts and visionaries.

3 min  |

August 15, 2025
Daily FT

Daily FT

Logistics at the Crossroads: Embracing Digital Transformation for a Resilient Future

On this National Logistics Day, we pause to recognize an industry that silently yet powerfully keeps the world movinglogistics. From delivering essentials during crises to connecting global economies, the logistics and freight forwarding sector is the unsung hero behind modern life. But as we look around in 2025, it’s clear that the industry is not merely evolving—it’s undergoing a complete transformation.

3 min  |

August 15, 2025
Daily FT

Daily FT

Sri Lanka at Human Rights Council: “Engage to Disengage”

TIME is ticking off. And it is ticking off on Sri Lanka's human rights and accountability front. In Geneva.

6 min  |

August 15, 2025
Daily FT

Daily FT

Hafiz Sheriff announces release of second book - “Character” by Austin Macaulay Publishers UK

CHARTERED accountant-turned author Hafiz Sheriff has announced the launch of his second book, “Character”, which will be released worldwide today, 15 August, by Austin Macaulay Publishers (UK).

2 min  |

August 15, 2025

Daily FT

CIOB holds Sri Lanka Sustainability Awards tomorrow

SRI Lankan Sustainability Awards (SSA)-2025 night, organised by the Ceylon Institute of Builders (CIOB) in partnership with the 13th World Construction Symposium, featuring academic participation from the Building Economics and Management Research Unit (BEMRU) of the University of Moratuwa will take place tomorrow, 16 August at 6 p.m. at Hilton Colombo.

1 min  |

August 15, 2025

Daily FT

Advantis Group Strengthening Sri Lanka's Role in Global Trade

Ruwan Waidyaratne, Managing Director of Advantis Group, the transportation and logistics arm of Hayleys PLC, has over three decades of experience in the sector. He has played a key role in expanding the Group's operations across South Asia and Southeast Asia, while diversifying its service portfolio. With a focus on sustainable growth and a people-first approach, he works to drive innovation, build industry partnerships, and support the resilience of the logistics sector. On the occasion of National Logistics Day, he shares his perspective on the evolving logistics landscape and the opportunities ahead for Sri Lanka.

3 min  |

August 15, 2025

Daily FT

Public, media invited to comment on Online Safety Act amendments

THE Public Security Ministry has invited the public, including local and international media, to submit observations, comments, recommendations, and suggestions on proposed amendments to the Online Safety Act, No. 9 of 2024.

1 min  |

August 15, 2025

Daily FT

COYLE, JETRO kick-off Sri Lankan Corporate Health and Productivity Awards 2025

THE Chamber of Young Lankan Entrepreneurs (COYLE), in partnership with the Japan External Trade Organisation (JETRO), officially launched the Sri Lankan Corporate Health and Productivity Awards (SLCHPA) 2025 at Shangri-La Colombo recently.

2 min  |

August 15, 2025

Daily FT

Salt producers urge enforcement of packaging law, release of 400 stalled containers

Calls on Govt. to release 400 containers (11,200 tons) worth Rs. 800 m stuck at Colombo Port for 45 days Sri Lanka Salt Producers’ Association Chairman Ganaka Amarasinghe says heavy rains during 2023 Yala and 2024 Maha seasons hit production in main salt areas of Puttalam, Mannar, Elephant Pass, Trincomalee, Hambantota Domestic output falls short of 185,000-ton annual need; claims imports from India violate mandatory labelling laws National Organiser Chaminda Rusiru Maliyedda says port delays due to shipping company issues risk worsening shortages and destabilising market

1 min  |

August 15, 2025
Daily FT

Daily FT

PickMe marks 10 years with Al push and rural expansion plan

10th anniversary celebrations see a series of giveaways worth Rs. 10 m

2 min  |

August 15, 2025
Daily FT

Daily FT

Premier Harini’s gaffe and JVP-led NPP Govt.’s damage control efforts

THE Janatha Vimukthi Peramuna (JVP) led National People’s Power (NPP) Government of President Anura Kumara Dissanayake known as AKD, has been in the saddle for close upon a year now. Given the JVP-NPP’s 159 members of Parliament and the victories registered in the local authority polls, the chances of being dislodged from the saddle soon seem remote.

10+ min  |

August 15, 2025

Daily FT

Maersk raises full-year guidance amid volatile external environment

Highlights Q2

2 min  |

August 15, 2025

Daily FT

Casinos: Economic imperatives amidst moral/social concerns

THE topic of casinos — a form of gambling — has always been a divisive issue within the Sri Lankan society. Ina country where lottery tickets are sold in every street corner, casinos remain amoral taboo. The media as well as the clergy relate casinos with vices like prostitution and drug trading. Buddhism, the main religion of the island state, views gambling negatively and recognises it as a habit which leads individuals into ruin. The Islamic faith, which too has a considerable following in the country, strictly prohibits gambling.

2 min  |

August 15, 2025

Daily FT

Hemal Lokugeegana assumes duties as CEO of HDFC bank with other key appointments

HEMAL Chaminda Lokugeegana has been appointed as the General Manager/CEO of HDFC Bank of Sri Lanka with effect from 14 August, and officially assumed duties at the bank’s Head Office.

2 min  |

August 15, 2025