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Fallen SLAF pilot Siyambalapitiya posthumously promoted to rank of Group Captain

December 03, 2025

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Daily FT

THE commanding pilot of the Bell 212 helicopter Wing Commander Nirmal Siyambalapitiya, who sacrificed his life at the Lunawa incident while engaged in emergency relief efforts, has been posthumously promoted to the rank of Group Captain by the Sri Lanka Air Force (SLAF).

With another pilot and three other airmen, he was engaged in delivering essential supplies including food and dry rations to families hit by floods under critical weather conditions but had to make an emergency landing near the Lunuwila Bridge on 30 November.

The SLAF said in a statement that his exemplary service and dedication to duty are honoured with the highest respect.

المزيد من القصص من Daily FT

Daily FT

Daily FT

Sri Lanka issues first Digital Nomad Visa

SRI Lanka marked a milestone in its tourism and digital economy journey on Thursday (26) with the ceremonial issuance of its first Digital Nomad Visa (DNV), officially welcoming Ukrainian national Darya Gordiyenko and her spouse Yaroslav Kovalchuk to the island.

time to read

1 mins

February 28, 2026

Daily FT

Cabinet approves establishing National Housing Operational Committee to address homelessness

THE Cabinet of Ministers on Monday approved the establishment of a National Housing Operational Committee to coordinate and strengthen the country’s housing programs, following findings from the 2024 Population and Housing Census that highlighted a significant number of homeless individuals across Sri Lanka.

time to read

1 min

February 28, 2026

Daily FT

Negative start for apparel exports

Apparel exports slip 2.66% in January, UK market remains stable with marginal increase

time to read

1 min

February 28, 2026

Daily FT

CSE wraps up February in red

THE Colombo stock market turned red to conclude February, with indices closing on a negative note yesterday, though turnover was healthy.

time to read

1 mins

February 28, 2026

Daily FT

Construction sector surges to second highest PMI in January

SRI Lanka's construction activity accelerated sharply at the start of 2026, with the Purchasing Managers’ Index (PMI – Construction) hitting 75 in January, marking the sector’s second-highest performance ever and signaling robust growth momentum.

time to read

1 min

February 28, 2026

Daily FT

Union Bank hits Rs. 2.2 b PBT and doubles bottom line in 2025

UNION Bank yesterday announced a milestone financial performance for the FY2025, emerging as one of the fastest-growing banks in the country complemented by a standout bottom-line performance with the group Profit Before All Taxes reaching Rs. 2.2 billion and doubling its Profit After Tax (PAT) to Rs. 660 million highlighting the success of its strategic transformation plans.

time to read

1 mins

February 28, 2026

Daily FT

Sri Lanka nears final stage of enabling PayPal inward remittances: Official

SRI Lanka has entered the final stage of enabling inward remittances through PayPal, marking a significant step toward modernising the country’s digital payment ecosystem.

time to read

1 min

February 28, 2026

Daily FT

Over 70 companies to showcase Sri Lanka tourism potential at ITB Berlin 2026

SRI Lanka Tourism Promotion Bureau (SLTPB) will be kicking off its exclusive promotional activities at the ITB 2026, scheduled to be held in Messe, Berlin.

time to read

1 mins

February 28, 2026

Daily FT

Daily FT

Tariff row derails CEB VRS plan; Govt. asked to step in with Rs. 8.8 b

SRI Lanka’s power sector reforms have hit a critical funding snag, with nearly Rs. 8.8 billion needed to pay 2,010 Ceylon Electricity Board (CEB) employees who opted for voluntary retirement now left in limbo after the regulator refused to allow the cost to be passed on to consumers.

time to read

1 mins

February 28, 2026

Daily FT

Prime Minister welcomes more investments and tourists from India

PRIME Minister Dr. Harini Amarasuriya this week reaffirmed Sri Lanka’s commitment to deepening ties with India, stating that as the country moves towards sustainable growth, it welcomes investors and tourists who contribute to strengthening economic and cultural relations.

time to read

1 mins

February 28, 2026

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