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Daily FT

ICTA - Rotary SME Conclave: Access to markets key to SME growth

IN a unique partnership between ICTA and Rotary, the two organisations came together to foster the growth of SMEs.

2 min  |

August 11, 2025

Daily FT

Wesley edge out Thomians to secure runner-up in League

IN a weekend of pulsating final week of the Dialog Schools Rugby Under-19 League 2025 action, Wesley produced one of their best performances this season to edge past the Thomians at Havelock Park to secure the runner-up position to Trinity in the League this year.

1 min  |

August 11, 2025
Daily FT

Daily FT

Sri Lanka must navigate tariff turbulence with strategy: Expert

ADVOCATA Institute CEO Dhananath Fernando recently said small and medium enterprises (SMEs) face heightened uncertainty as global trade tensions spill over into supply chains.

2 min  |

August 11, 2025

Daily FT

EDB holds first high-level meeting with exporters as US tariffs bite

Session chaired by EDB Chief Mangala Wijesinghe, joined by Treasury, Industry and Trade Ministry Secretaries, focuses shift from viewing tariff as obstacle to exploring market diversification, product innovation and value addition Outline financial support, industrial adaptation and trade policy strategies for affected exporters Exporters share concerns, experiences and solutions during interactive discussion

2 min  |

August 08, 2025
Daily FT

Daily FT

President AKD defends economic recovery

Tells Parliament economy is on stable and strengthened path Notes US tariff was not Govt’s failure, negotiations ongoing Says 1H export earnings highest in a decade, tourism revenue has increased by 10% YoY Points to FDI doubling to $ 507 m in 1H and expects to reach $ 1 b by year-end Asserts 2025 will see highest export revenue, foreign workers’ remittances inflow and most number of tourist arrivals States foreign reserves to reach $ 7 b by year-end Rejects speculation of potential suspension or additional taxation on vehicle imports Discloses LCs totalling $ 1.27 b already opened, expects to rise to $ 1.5-1.8 b by end 2025 Says revenue collection has exceeded expectations; with IRD surpassing July target by 101%, Customs by 115% Assures all district development funds allocated in 2025 Budget would be disbursed in full

4 min  |

August 08, 2025
Daily FT

Daily FT

Has Israel become a pariah State of the world?

On 21 November 1938, Hitler met with the South African defence minister Oswald Pirow and told him that the Jews would be killed if war broke out.

8 min  |

August 08, 2025

Daily FT

CSE closes week negatively

THE Colombo stock market closed the week on a negative note.

1 min  |

August 08, 2025
Daily FT

Daily FT

Multi-faceted personality Lakshman Kadirgamar’s spiritual side

FORMER Sri Lankan Foreign Minister Lakshman Kadirgamar was killed on 12 August 2005 by a sniper of the Liberation Tigers of Tamil Eelam (LTTE) concealed in the house of an unsuspecting neighbour.

10+ min  |

August 08, 2025

Daily FT

A time to put off times of trouble

TIME is a funny thing that way. To a sad and lonely old man, sitting on a park bench next to a pretty energetic girl is but a few achingly fleeting moments.

5 min  |

August 08, 2025

Daily FT

Sri Lanka's nation branding needs to be carefully curated: MTI

THE grand launch of the Melco-operated City of Dreams has sparked bold comparisons, with some advocating for Sri Lanka to become the 'Macau of India.

1 min  |

August 08, 2025

Daily FT

Sajith slams AKD's parliamentary address

OPPOSITION Leader Sajith Premadasa yesterday criticised President Anura Kumara Disanayake's Parliament speech, claiming it lacked clarity and ignored the country's real economic problems.

1 min  |

August 08, 2025
Daily FT

Daily FT

Advocata Institute welcomes free visa entry expansion, calls for long-term liberalisation and policy stability

THE Advocata Institute, while welcoming the Government’ recent decision to waive visa fees for tourists from 40 additional countries, called for broader liberalisation of the visa regime to fully unlock economic opportunities through tourism.

2 min  |

August 08, 2025

Daily FT

Construction growth eases in June

THE Sri Lanka Purchasing Managers’ Index for Construction (PMI — Construction), as reflected by the Total Activity Index, registered a value of 58.6 in June 2025, slightly down from the 59.7 index value in May.

1 min  |

August 08, 2025
Daily FT

Daily FT

Ravi Wijeratne files Rs. 15 b lawsuit over alleged contractual breach

BUSINESS magnate Ravi Wijeratne and Rank Entertainment Holdings Ltd., have filed action before the Colombo Commercial High Court against four Defendants, including Waterfront Properties Ltd., and John Keells Holdings PLC, seeking Rs. 15 billion in damages for the alleged breach of contractual obligations and failure to disclose material information concerning the Plaintiffs.

1 min  |

August 08, 2025

Daily FT

Customs agrees to conditional release of 991 detained BYD vehicles, Court told

THE Sri Lanka Customs informed the Court of Appeal yesterday that it is prepared to release 991 BYD electric vehicles currently held in detention, subject to specific conditions.

1 min  |

August 08, 2025

Daily FT

National tea sales average up MoM, but dips YoY

THE national tea sales average in July 2025 increased to Rs. 1,127.60 ($ 3.74), marking a month-on-month (MoM) increase of Rs. 24.33 and $ 0.06 from June's average of Rs. 1,103.27 ($ 3.68).

1 min  |

August 08, 2025

Daily FT

Beneficial Ownership Law enacted with TISL’s amendments

TISL says its recommendations to Companies (Amendment) Act, No. 12 of 2025 enhance transparency and public accountability Calls on Govt. and Registrar of Companies to ensure effective and meaningful implementation Asserts new law would enable effective detection and prevention of corruption, money laundering, financial flows; could also prevent conflicts of interest, tax evasion, potential money-laundering schemes and abuse of power

2 min  |

August 08, 2025

Daily FT

First game of SLC T20 league – hardly any food for thought for selectors

Bowlers hold sway in low scoring contest

2 min  |

August 08, 2025
Daily FT

Daily FT

COPA finds former Provincial Council Chief received Rs. 7.7 m above fuel allowance limit

Reveals Governor's Personal Secretary obtained fuel allowance when Governor was overseas COPA also calls for report on rent collection of Provincial Council land Discloses supplier provided 30-watt street lamps claiming to be 90-watt street lamps

2 min  |

August 08, 2025

Daily FT

Why Sri Lanka should be ready for “B-READY”

IN 2024, the global approach to measuring business climate saw a major transformation. The World Bank Group introduced the Business Ready (B-READY) Index, its new flagship report aimed at assessing the business and investment environment across countries.

5 min  |

August 08, 2025

Daily FT

Unseen Expressions: night of music, drama and dance

THE School for the Blind, Ratmalana will present “Ape Dekma — Unseen Expressions: a night of music, theatre, and dance” on 15 August, at 7 p.m. at the Methodist College Auditorium.

1 min  |

August 08, 2025
Daily FT

Daily FT

Need for clear official document to public on new educational reforms

A controversial debate is currently underway about a serious reform that is going to be implemented in the school education system in Sri Lanka.

4 min  |

August 08, 2025

Daily FT

Mercedes Trophy Golf tees off tomorrow

THE much looked forward Mercedes Trophy Golf 2025 will tee on 9 August at the Royal Colombo Golf Club (RCGC).

1 min  |

August 08, 2025
Daily FT

Daily FT

SDF and partners launch regional AquaLivelihood Project to empower small-scale fish farmers and bolster nutrition security in South Asia

THE SAARC Development Fund (SDF), in partnership with leading national institutions and technical government agencies of the five SAARC member countries, officially launched the AquaLivelihood Project in Colombo, Sri Lanka.

3 min  |

August 08, 2025
Daily FT

Daily FT

'Unsilenced': Neelan Tiruchelvam revisited

THE life, and violent death. of Neelan Tiruchelvam is the subject of a new documentary by young Canadian Tamil director Pitasanna Shanmugathas. Its title is apt.

4 min  |

August 08, 2025

Daily FT

Over thousand visitors access ‘Know Your Neethi’ Legal Aid and Awareness Camp in Badulla

THE ‘Know Your Neethi’ Legal Aid and Awareness Camp held on 1-2 August 2025 at the Badulla Cricket Stadium, successfully brought together over a thousand community members for two days of legal education, support, and empowerment.

3 min  |

August 08, 2025

Daily FT

South Africa 'fear' nothing as Australia seek WTC revenge

SOUTH Africa’s leading paceman Kagiso Rabada says it is time to move on from the euphoria of beating Australia in the World Test Championship final, but insists the side have “nothing to fear” now following their belated major trophy success.

1 min  |

August 08, 2025
Daily FT

Daily FT

Locals dominate as Sri Lanka Junior International Series 2025 reach final

SRI Lanka will stand the chance of securing their highest-ever medals tally at a BWF event, as the Sri Lanka Junior International Series 2025 approaches its final day at the New Saniro Sports Complex in Naiwala, Gampaha today (Friday).

1 min  |

August 08, 2025

Daily FT

Pakistan High Commission Colombo observes Kashmir Youm-e-Istehsal Day

THE Pakistan High Commission, friends of Pakistan, diplomatic community and Pakistani diaspora jointly commemorated Kashmir Youm-e-Istehsal day. Six years have passed since 5 August 2019 when India took unilateral and illegal actions aimed at altering the internationally recognised disputed status of IIOJK and changing the demographic structure of the occupied territory.

1 min  |

August 08, 2025

Daily FT

Wake-up call on human elephant conflict and animal cruelty

IT’S indeed heartbreaking to learn the plight of wild elephants in Sri Lanka and the extent of horror and cruelty unleashed upon them that continue to go unabated over the years. The spate of recent coldblooded, indiscriminate and brutal killing of elephants has set off alarm bells in the highest echelon of the NPP Government with a clarion call to investigate such dastardly acts and bring perpetrators to book.

5 min  |

August 08, 2025