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Daily FT

Daily FT

CBSL Governor dismisses '2028 debt phobia' ahead of key ISB investor call

Says no basis for fears of another sovereign default or debt restructuring; a sentiment economists share | Govt. paid $ 2.5 b in external debt service in 2025 | Reserve build-up targeted at $ 8-10 b over next two years against annual debt service of about $3.5 b | Finance Ministry to brief Bondholders on debt position and fiscal outlook on 11 February.

3 min  |

February 09, 2026

Daily FT

Amana Takaful to raise Rs. 1 b via Rights

AMANA Takaful PLC’s Board of Directors has recommended a Rights Issue of ordinary voting shares to strengthen the company’s equity base and improve its Capital Adequacy Ratio (CAR) in line with the Risk-Based Capital framework introduced by the Insurance Regulatory Commission of Sri Lanka.

1 min  |

February 09, 2026
Daily FT

Daily FT

Magistrate's Court discharges case against Asia Capital on jurisdictional grounds for second time

Asia Capital MD Raju Radha says Japanese party may have been misinformed or inadequately advised

2 min  |

February 09, 2026

Daily FT

DFCC Bank Rs. 7 b GSS+ Bond Issue oversubscribed

Bank could increase offer to Rs. 10 b once final applications tallied | Mulls raising another Rs. 15 b via Basel Ill Tier Il debentures

1 min  |

February 09, 2026

Daily FT

Jan. tourism earnings slip despite record-high arrivals

Earnings down 6% YoY to $378.5 m in Jan., but up 23% compared to Dec. 2025 | Analysts say restoring higher-value tourism critical to deliver stronger forex inflows.

2 min  |

February 09, 2026

Daily FT

Private borrowings up 25.2% to Rs. 10.2 t in 2025; hit eight-year high

■ Monthly private borrowings drop in Dec. 2025 post-Ditwah ■ Govt. net borrowing largely flat as SOE credit continues to decline ■ CBSL sees private credit growth supporting 4-5% economic growth in 2026.

2 min  |

February 09, 2026

Daily FT

Workers' remittances record highest-ever January inflow

Up 31.1% YoY to $ 751.1 m, surpasses previous high of $ 729.1 m in Jan. 2018

2 min  |

February 09, 2026
Daily FT

Daily FT

Dialog dials strong growth, stronger national contribution in FY25

Core revenue up 16%, headline revenue exceeds Rs. 179 b | Group EBITDA up 30% to Rs. 86 b, remits Rs. 54.7 b to Govt. coffers | Recommends Rs. 1.50 per share dividend.

4 min  |

February 09, 2026
Daily FT

Daily FT

Strengthening Sri Lanka's GREAT 2025-2030 Renewable Energy Project Development Plan: Bridging gaps for a sustainable future

THE GREAT 2025-2030 Renewable Energy Project Development Plan approved by the Cabinet on February 2, 2026, aims to guide Sri Lanka toward a cleaner energy future, aligning with global decarbonisation efforts.

6 min  |

February 09, 2026

Daily FT

NDB, CDS enhance dividend disbursement efficiency for listed companies

NATIONAL Development Bank PLC (NDB) recently formalised a strategic partnership with Central Depository Systems Ltd. a wholly owned subsidiary of the Colombo Stock Exchange (CSE), to enhance the efficiency and reliability of dividend disbursement for companies listed on the CSE.

1 min  |

February 09, 2026
Daily FT

Daily FT

Creating human capital is wider concept than school education

Excerpts of a keynote delivered by the author at University of Sri Jayewardenepura

8 min  |

February 09, 2026

Daily FT

PM calls for immediate end to collecting money from parents at school level

THE Education Ministry has begun distributing smart boards required for the new education reform to schools and has called for an immediate end to collecting money from parents at the school level, while no decision has been taken to cut free education or close the Jayewardenepura Dental Faculty, Prime Minister Dr Harini Amarasuriya said.

2 min  |

February 09, 2026

Daily FT

Sri Lanka can ride India's growth wave as global trade order frays: Envoy

■Indian Acting High Commissioner Dr. Satyanjal Pandey suggests Sri Lanka can leverage India’s expanding trade and investment network to strengthen resilience ■Says Colombo Port among best in the world in terms of handling efficiencies ■Lists ports, renewable energy, connectivity and integrated supply chains as new opportunities beyond apparel and tourism

3 min  |

February 09, 2026

Daily FT

Justice for All calls for repeal of PTA; says no to PSTA

GOOD governance collective Justice for All in a statement has called for the repeal of the Prevention of Terrorism Act (PTA), whilst rejecting the proposed Protection of the State from Terrorism Act (PSTA).

2 min  |

February 09, 2026
Daily FT

Daily FT

UDA Chair joins On'ally Board

ON'ALLY Holdings PLC has appointed M.G. Hemachandra to its Board as a Non-Executive Director.

1 min  |

February 09, 2026
Daily FT

Daily FT

Sri Lanka Insurance Corporation General partners Lanka Ride 2026, safeguarding riders and elevating national sports

SRI Lanka Insurance Corporation General Ltd. (SLICGL), has partnered Lanka Ride 2026, the islandwide cycling tour, as the Official Insurance Partner.

1 min  |

February 09, 2026

Daily FT

ComBank partners GAIA Greenenergy to accelerate adoption of Green Loans and Leases

THE Commercial Bank of Ceylon PLC has entered into a strategic partnership with GAIA Greenenergy Holdings to expand access to the bank’s Green Loans and Green Leases, offering employed and self-employed customers more affordable pathways to adopt solar power.

1 min  |

February 09, 2026
Daily FT

Daily FT

England beat Nepal by four runs in last-ball thriller

= Defeat Ireland by 20 runs

1 min  |

February 09, 2026

Daily FT

Sri Lanka's capital market opportunities get spotlight at Investor Forum in Riyadh

THE Securities and Exchange Commission of Sri Lanka (SEC) and the Colombo Stock Exchange (CSE), in collaboration with the Embassy of Sri Lanka to the Kingdom of Saudi Arabia, successfully convened an investor forum on 24 January 2026, at the Radisson Blu Hotel, Riyadh Convention and Exhibition Centre, aimed at promoting Sri Lanka’s capital market to international and diaspora investors.

3 min  |

February 09, 2026
Daily FT

Daily FT

Eagle and PSA BDP: Celebrating 15 years of trusted partnership

EAGLE Logistics Group has marked 15 years of partnership with PSA BDP, a relationship built on trust, operational excellence, and a shared commitment to delivering world-class logistics solutions.

1 min  |

February 09, 2026
Daily FT

Daily FT

Colombo Stock Exchange powers CA Sri Lanka's TAGS Awards diamond jubilee as strategic partner

IN a move that further strengthens the shared commitment in advancing Sri Lanka’s corporate governance, transparency, and reporting standards, the Colombo Stock Exchange (CSE) has once again come on board as the strategic partner for the 60th anniversary of the prestigious TAGS Awards, organised by the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka).

1 min  |

February 09, 2026
Daily FT

Daily FT

AMW commands 55% market share to lead Class A SUV segment in 2025

ASSOCIATED Motorways Ltd., (AMW), a member of the Al-Futtaim Group and the authorised distributor for Nissan and Suzuki in Sri Lanka, said it secured a commanding 55% market share to emerge as the clear market leader in the country's Class A SUV segment for 2025.

1 min  |

February 09, 2026

Daily FT

Energy Minister and accountability on subpar coal purchase

WHY was Saman Ekanayake, former Secretary to ex-President Ranil Wickramasinghe arrested by the CID and remanded by Colombo Fort Magistrate till 11 February?

4 min  |

February 09, 2026

Daily FT

Milford Exports ups Melstacorp stake to 42.88%

ULTIMATE parent Milford Exports Ceylon Ltd., has increased its shareholding in Melstacorp PLC, following the acquisition of an additional 1 million shares at Rs. 179 per share.

1 min  |

February 09, 2026
Daily FT

Daily FT

Seifert half-century helps NZ beat Afghanistan in record run chase

NEW Zealand pulled off their highest run chase in T20 World Cup history as they opened their Group D campaign with a five-wicket win over Afghanistan.

1 min  |

February 09, 2026
Daily FT

Daily FT

India, West Indies, Pakistan enjoy wins on opening day of T20WC

INDIA kicked off their ICC Men’s T20 World Cup 2026 title defence with a win over USA, courtesy of Suryakumar Yadav’s fighting half-century.

5 min  |

February 09, 2026
Daily FT

Daily FT

When tax enforcement turns tragic

■Lessons for Sri Lankan taxpayers, non-compliant citizens, and tax officials from the death of India's Confident Group Chairman C. J. Roy

4 min  |

February 09, 2026

Daily FT

Lanka Credit and Business Finance ups 9-month PBT by 100% to Rs. 443 m

LANKA Credit and Business Finance PLC (LCB Finance PLC) has recorded an exceptionally strong performance for the nine months ended 31 December 2025, reflecting strong financial performance and effective strategic execution.

2 min  |

February 09, 2026

Daily FT

Animal welfare groups call for humane collaboration at Royal Colombo Golf Club

A coalition of animal welfare organisations and individual advocates has called on the Royal Colombo Golf Club (RCGC) to collaborate on humane solutions for managing community dogs, amid concerns over proposed internal regulations scheduled for discussion tomorrow (10).

1 min  |

February 09, 2026

Daily FT

Asia Siyaka Logistics Centre achieves global first with ZeroCarbon certification in tea logistics

ASIA Siyaka Warehousing Ltd., (ASW), Sri Lanka's leading tea auction logistics service provider, has achieved a significant global milestone by becoming the world's first tea logistics company to be awarded ZeroCarbon certification, reaffirming its commitment to sustainability, operational excellence, and responsible supply chain management The ZeroCarbon certification, granted by Sustainable Future Group (SFG).

1 min  |

February 09, 2026

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