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Daily FT

Sri Lanka showcases culture and cuisine at UNWG Charity Bazaar in Vienna

THE Embassy and Permanent Mission of Sri Lanka in Austria took part in the 2025 International Festival Charity Bazaar organized by the United Nations Women’s Guild (UNWG) in Vienna at the Austria Centre recently.

1 min  |

January 06, 2026

Daily FT

Union Assurance bags Silver for Life Insurance at SAFA BPA Awards 2024

UNION Assurance PLC's Annual Report for 2024, themed \"Folds of Value\", has been honoured with the Silver Award in the Life Insurance category at the prestigious SAFA Best Presented Annual Report Awards 2024.

1 min  |

January 06, 2026

Daily FT

Innovest Investments appoints Channa de Silva as Chairman

INNOVEST Investments Ltd, a Sri Lanka-based investment management company licensed by the Securities and Exchange Commission (SEQ), has appointed Channa de Silva as its Chairman.

1 min  |

January 06, 2026
Daily FT

Daily FT

Another Rs. 3 m donation to 'Rebuilding Sri Lanka' fund

A financial contribution of Rs. 3 million has been made to the 'Rebuilding Sri Lanka' fund by Herath Enterprises Ltd. and Intermax Ltd.

1 min  |

January 06, 2026
Daily FT

Daily FT

The case for bigger and stronger banks

WHEN recent cyclones disrupted livelihoods, supply chains, and regional economies, banks were once again expected by those affected to step in—grant moratoria, restructure loans, and extend fresh credit—often precisely when risks were peaking.

2 min  |

January 06, 2026
Daily FT

Daily FT

Gem Sri Lanka 2026 set to unfold its biggest story yet at Shangri-La Colombo

BUILDING on the resounding success of its first two editions, Gem Sri Lanka 2026 is poised to mark a defining moment in the country's gem and jewellery industry when it takes place on 7, 8 and 9 January, at the iconic Shangri-La Colombo.

1 min  |

January 06, 2026

Daily FT

Sri Lanka Journalists for Global Justice condemns US’ illegitimate aggression against Venezuela

THE Sri Lanka Journalists for Global Justice (SLJGJ) in a statement yesterday strongly condemned the United States’ illegitimate and wanton aggression against Venezuela and the kidnapping of its democratically elected President Nicolas Maduro on 3 January.

1 min  |

January 06, 2026
Daily FT

Daily FT

S.G. Actuarial Consultancy wins Bronze at National Management Excellence Awards 2025

S.G. Actuarial Consultancy Ltd., recently won a prestigious award at the National Management Excellence Award (NMEA) 2025 awarded by the Institute of Management of Sri Lanka (IMSL), sole representative and full member of the Asian Association of Management Organisations (AAMO).

1 min  |

January 06, 2026
Daily FT

Daily FT

Sri Lanka's disaster problem isn't just nature-it's architecture

WHEN floods and landslides strike Sri Lanka, the public conversation almost always turns to nature.

4 min  |

January 06, 2026

Daily FT

Chinese Ambassador calls on Minister Vijitha Herath

AMBASSADOR of the People’s Republic of China to Sri Lanka Qi Zhenhong called on Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath recently, to discuss multifaceted support to be considered for Sri Lanka following cyclone Ditwah, based on a needs assessment.

1 min  |

January 06, 2026

Daily FT

First Capital Asset Management appoints Kavin Karunamoorthy to Board of Directors

FIRST Capital Asset Management Ltd., has announced the appointment Kavin Karunamoorthy to its Board as a Non-Independent Executive Director, with effect from December 2025.

1 min  |

January 06, 2026

Daily FT

New casino entry levy, betting and gaming taxes come into effect

THE Inland Revenue Department (IRD) has announced that a series of tax increases on Sri Lanka's betting and gaming sector came into effect from 1 January, following amendments to the Betting and Gaming Levy Act, No. 40 of 1988, under the Betting and Gaming Levy (Amendment) Act, No. 25 of 2025.

1 min  |

January 05, 2026
Daily FT

Daily FT

Thushan Amarasuriya appointed Singer Finance Managing Director

SINGER Finance (Lanka) PLC has announced the appointment of Thushan Amarasuriya as the Managing Director with effect from 1 January 2026.

1 min  |

January 05, 2026

Daily FT

FACETS Sri Lanka 2026 ushers next phase of growth for gem and jewellery industry

FACETS Sri Lanka 2026 was officially inaugurated on Saturday at Cinnamon Life at City of Dreams, marking a significant milestone for Asia's premier gem and jewellery exhibition.

2 min  |

January 05, 2026

Daily FT

JVP condemns US military aggression against Venezuela

THE National People's Power (NPP) Government's main constituent party, the Janatha Vimukthi Peramuna (JVP) yesterday issued a statement condemning what it described as military aggression by the US against Venezuela, asserting that the sovereignty of the Latin American nation and the right of its people to determine their leadership must not be violated, according to a press release issued by its Political Bureau.

2 min  |

January 05, 2026
Daily FT

Daily FT

Private sector lending rates increase as FD returns fall

PRIVATE sector lending rates remained elevated in 2025 as demand for credit improved even as returns on bank fixed deposits declined in line with benchmark Treasury Bill rates.

2 min  |

January 05, 2026

Daily FT

Three Trinitians in SL Under-19 Cricket WC squad

THREE Trinitians who represented Sri Lanka at the Asia Cup 2025 last month found their places in the 2026 ICC Under-19 World Cup which is currently taking place in Namibia and Zimbabwe.

1 min  |

January 05, 2026

Daily FT

India to play additional T20ls in support of Cyclone Ditwah victims

INDIA has agreed to play two additional Twenty20 International matches during the Sri Lanka tour in August as part of an effort to support the welfare efforts of the people affected by the Ditwah cyclone.

1 min  |

January 05, 2026

Daily FT

Independent Adviser tells Serendib Land shareholders to reject Senthilverl Mandatory Offer

SERENDIB Land PLC's Board of Directors has rejected the Mandatory Offer made by Senthilverl Holdings Ltd., advising shareholders not to accept the offer price of Rs. 1,500 per share, citing that it represents a discount to the company’s valuation based on independent opinion.

2 min  |

January 05, 2026

Daily FT

CBSL extends term of Administrator appointed to Nation Lanka Finance

THE Central Bank of Sri Lanka (CBSL) has extended the tenure of P.W.D.N.R. Rodrigo, the Administrator appointed to Nation Lanka Finance PLC (NLFP), under the Banking (Special Provisions) Act, No. 17 of 2023 (BSPA).

1 min  |

January 05, 2026

Daily FT

Rupee depreciates 5.6% against USD in 2025

SRI Lanka's rupee weakened against the US dollar in 2025, posting an annual depreciation of 5.6%, reversing the strong gains recorded over the previous two years.

1 min  |

January 05, 2026
Daily FT

Daily FT

Foreign holdings in Govt. securities more than double in 2025

■Increase 106% in 2025 after contracting 49% in 2024

1 min  |

January 05, 2026
Daily FT

Daily FT

Arrest without authority: Trump, Maduro, and strain on international law

PRESIDENT Donald Trump's address on 3 January announcing the “arrest” of Venezuelan President Nicolés Maduro marks one of the most consequential and controversial assertions of power in contemporary international relations.

5 min  |

January 05, 2026
Daily FT

Daily FT

Parliamentary Pensions (Repeal) Bill gazetted for legislative approval

THE Parliamentary Pensions (Repeal) Bill has been published in the Government Gazette, paving the way for the abolition of pension entitlements granted to Members of Parliament and their spouses under existing law.

1 min  |

January 05, 2026

Daily FT

Tax relief for donated dates during Ramadan 2026

THE Cabinet of Ministers last week approved tax relief for dates imported as donations or gifts for free distribution during the upcoming Ramadan fasting season, which will be observed from 19 February to 21 March.

1 min  |

January 05, 2026
Daily FT

Daily FT

Record arrivals and diminishing returns: Part 1

Marketing 101 - What our customers are really telling us

5 min  |

January 05, 2026

Daily FT

Govt. expands 'Suraksha' student insurance scheme with additional benefits

THE Cabinet of Ministers at their meeting last week approved the continuation of the 'Suraksha' Student Insurance Program for the 2025-2026 academic year, along with a series of amendments to expand coverage and improve access.

1 min  |

January 05, 2026
Daily FT

Daily FT

Reassessing Sri Lanka’s 2026 outlook after Cyclone Ditwah

A balance sheet of the record of President Dissanayake’s National Peoples Power (NPP) Government could put the economy in the credit box.

5 min  |

January 05, 2026
Daily FT

Daily FT

TMC Mount Lavinia opens new lounge, outlines future initiatives

THE Management Club (TMC) Mount Lavinia successfully marked the opening of its new clubhouse at the Mount Lavinia Hotel, strengthening its commitment to leadership development, professional collaboration, and member engagement.

1 min  |

January 05, 2026

Daily FT

Evolution Auto partners New Jayasekara Auto Motors to bring vehicle showroom to Kurunegala

EVOLUTION Auto, a pioneer in Sri Lanka's electric mobility sector, has officially opened its multi-brand electric vehicle (EV) showroom in Kurunegala, in collaboration with New Jayasekara Auto Motors Ltd.

1 min  |

January 05, 2026

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