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Hatch unveils Sri Lanka’s first Innovation District

December 15, 2025

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Daily FT

HATCH, the nation's award-winning startup hub and a driving force behind Sri Lanka's entrepreneurial ecosystem, is advancing its boldest initiative yet, the creation of the country's first Innovation District in Colombo 01.

Hatch unveils Sri Lanka’s first Innovation District

The vision was first introduced publicly during the Startup Nation 2025 launch event in March 2025, and reaffirmed at the program's culmination on October 1, 2025, marking a defining moment for the nation's innovation trajectory.

Since its founding in 2018, Hatch has operated on the belief that collaboration fuels innovation, and entrepreneurs are catalysts for economic growth. Over the past seven years, it has grown into the "center of gravity for all things startup," offering opportunity, global connectivity, and a secure environment where founders can innovate and thrive. Today, a majority of Sri Lanka's active entrepreneurs have been positively impacted through Hatch's programs and services whether it's an innovation event to its focused accelerator programs.

المزيد من القصص من Daily FT

Daily FT

Daily FT

Sir Mark’s mantra for leaders and attracting FDI

SIR Mark Tucker, delivering the keynote address at the Chairman and CEOs Forum organised by the Sri Lanka Institute of Directors at Port City Colombo, presented a clear framework for leadership and attracting foreign direct investment (FDI), emphasising Sri Lanka’s need to reposition itself in an increasingly fragmented global economy.

time to read

2 mins

March 13, 2026

Daily FT

Daily FT

COPE finds no machinery damage at Norochcholai power plant, calls for independent coal quality testing

COMMITTEE on Public Enterprises (COPE) Chairman Nishantha Samaraweera has assured that recently imported coal has not caused any damage to machinery at the Lakvijaya Power Plant.

time to read

2 mins

March 13, 2026

Daily FT

Primary Bond auctions produce positive outcome

Secondary Bond market yields hold steady as activity moderates

time to read

2 mins

March 13, 2026

Daily FT

Daily FT

New NEDP targets over 10% annual export growth, expands focus to emerging sectors

Strategy will continue to strengthen traditional exports, while focusing on new high-potential sectors such as automotive components, electrical and electronic products, mineral-based industries, processed food and beverages, spices and gems and jewellery

time to read

1 mins

March 13, 2026

Daily FT

Daily FT

Ogilvy Group clinches six Effie awards for campaigns responding to national priorities

Ogilvy Digital wins one Gold, two Silvers and two Bronze awards for breakthrough campaign 'When the Trees Lament'; Phoenix Ogilvy bags Silver for 'Relive the Epic of Ramayana' campaign

time to read

2 mins

March 13, 2026

Daily FT

Daily FT

Tourism land leasing model risks repeating Kalpitiya failures: Study

THE Government's drive to accelerate tourism investment through large-scale land leasing risks repeating the failures of earlier development efforts unless structural weaknesses in planning, infrastructure, and governance are addressed.

time to read

3 mins

March 13, 2026

Daily FT

Daily FT

Vasabha Bulathsinhala to spearhead Agility Innovation's next growth era

AGILITY Innovation Group has named Vasabha Bulathsinhala as its new Group Chief Executive Officer, marking a carefully planned leadership transition at a pivotal moment in the Group's growth journey.

time to read

4 mins

March 13, 2026

Daily FT

Advocata praises fuel price hike, urges transparency in CPC formula

ECONOMIC policy think tank Advocata Institute in a statement yesterday praised the Government's mid-month fuel price revision as a decisive move that prevented hoarding and shortages during a global energy shock, while calling for cost-reflective pricing to protect scarce foreign exchange and maintain fiscal discipline, and for greater transparency in the Ceylon Petroleum Corporation's (CPC) pricing formula.

time to read

2 mins

March 13, 2026

Daily FT

CSE ends down 1.6% to below 22,000 points on Mideast concerns

ASPI falls 7.4% since Mideast conflict began on 27 Feb., S&P SL20 down 7%

time to read

1 mins

March 13, 2026

Daily FT

John Keells Hotels to sell Cinnamon Citadel owner to Lavendish Leisure for Rs. 2.78 b

JOHN Keells Hotels PLC said it has entered into a binding agreement with Lavendish Leisure, the hospitality arm of the Dedigama Group, to divest its majority stake in Kandy Walk Inn Ltd., (KWIL), the owning company of the Cinnamon Citadel hotel in Kandy.

time to read

1 min

March 13, 2026

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