Newspaper
Daily FT
Relentless Sri Lanka not taking any chances, even against Hong Kong China
& Solves Sri Lanka's longstanding batting problem
2 min |
September 15, 2025
Daily FT
Govt. to step back from running businesses, focus on facilitation
Industry and Entrepreneurship Development Minister Sunil Handunneththi outlines plans to liquidate 33 non-functional SOEs Says many SOEs originally set up to provide public services or promote strategic economic activities are defunct institutions and no longer relevant Notes move is part of Govt.s broader reform agenda to rationalise State ownership, improve efficiency and allow private sector-led growth
1 min |
September 15, 2025
Daily FT
Repeal of Presidents' Entitlements Act: Reform or retrospective punishment?
IN recent months, the repeal of Sri Lanka's Presidents' Entitlements Act has sparked intense debate across political and social circles. At first glance, the move seems a demonstration of fiscal prudence—a government taking decisive steps to curb what many perceive as excessive privileges.
5 min |
September 15, 2025
Daily FT
Artslab Creatives' groundbreaking 'Forward & Fearless' Al campaign recognised at SLIM DIGIS 2.5
ARTSLAB Creatives, won two prestigious awards at SLIM DIGIS 2.5, Sri Lanka’s premier platform for digital marketing innovation and excellence, for the Fems Sri Lanka “Forward & Fearless” campaign.
1 min |
September 15, 2025
Daily FT
Turkish Airlines wins APEX World Class award for fifth time
TURKISH Airlines, the flag carrier of Turkiye, has been awarded with “World Class” award by APEX (Airline Passenger Experience Association) for the fifth consecutive year.
1 min |
September 15, 2025
Daily FT
JKLL and ISMM sign MoU to strengthen Sri Lanka's supply chain sector
JOHN Keells Logistics Ltd., (JKLL) the logistics arm of John Keells Holdings PLC, has partnered with the Institute of Supply and Materials Management (ISMM), as one of their new institutional members, as well as signing a Memorandum of Understanding (MoU), in order to reflect the company’s ongoing commitment to advancing supply chain excellence across Sri Lanka.
1 min |
September 15, 2025
Daily FT
SAFF U-17 SOCCER TOURNAMENT Sri Lanka lock horns with Nepal in curtain raiser
TEAM Sri Lanka will lock horns with Nepal in the curtain raiser of the SAFF U-17 Soccer Tournament, which will be played from today till 27 September at the picturesque Racecourse Stadium.
2 min |
September 15, 2025
Daily FT
Brantel ups Resus Energy stake
BRANTEL Lanka Ltd. has increased its stake in Resus Energy PLC to 10% after purchasing over 5 million shares ranging between Rs. 42 and Rs. 42.10 a share for an estimated Rs. 214 million.
1 min |
September 15, 2025
Daily FT
CBL Foods, Roar AdX and Ogilvy unveil Meta advertising impact through brand lift study
CBL Foods in partnership with Roar AdX and Ogilvy Digital, recently presented the findings of a brand lift study conducted on the launch campaign for Roccoa, its newest product innovation.
1 min |
September 15, 2025
Daily FT
SriLankan Airlines and Axis Bank India forge strategic partnership
SRILANKAN Airlines has partnered with Axis Bank to offer exclusive airfare deals and other benefits to the bank’s 15 million-strong customer base.
2 min |
September 15, 2025
Daily FT
Building aspiration for the modern consumer: Case for home-grown brands
THE world’s largest consumer packaged goods companies have hit an inflection point.
1 min |
September 15, 2025
Daily FT
BAN celebrates 7 years of creativity with 7 wins at Dragons of Sri Lanka 2025
BAN, is celebrating its seventh anniversary with an extraordinary win at the Dragons of Sri Lanka 2025, reaffirming its creative leadership and disruptive approach to brand integration.
1 min |
September 15, 2025
Daily FT
SLEIS 2025 session to focus on marketing Sri Lanka as tourist destination
THE Sri Lanka Economic and Investment Summit 2025, themed “Gateway to Growth: Asia’s Emerging Opportunity”, will be held on 2 and 3 December at the Shangri-La, Colombo.
1 min |
September 15, 2025
Daily FT
Discontinuation of SVAT system: What businesses need to know
THE Simplified VAT (SVAT) system is set to be discontinued effective 1 October. This decision will significantly impact many businesses, particularly exporters who rely on this system for upfront VAT refunds.
2 min |
September 15, 2025
Daily FT
Foreigners continue to buy into Rupee treasuries; Value hits fresh high
THE recovery story in the foreign holdings of Rupee Treasuries continued last week, supported by robust demand.
4 min |
September 15, 2025
Daily FT
New DG/CEO of Civil Aviation Authority to further strengthen public-private partnerships
THE newly appointed Civil Aviation Authority of Sri Lanka (CAASL) Director General and CEO Captain Daminda Rambukwella is expected to further strengthen public-private partnerships in civil aviation, expand domestic aviation in Sri Lanka, and promote leisure and recreational aviation activities.
2 min |
September 15, 2025
Daily FT
Kavindu leads Sri Lanka Sevens outfit to China
FORMER Vidyartha and Kandy Sports Club star winger Kavindu Perera will lead the national Sevens outfit to China for the first leg of Asia Rugby Sevens, which will take place on 20 and 21 September in China.
1 min |
September 15, 2025
Daily FT
Case of “unknowns” hijacking isolated protests with “anti-corruption” rhetoric
INTERESTINGLY, some in mainstream media last Saturday said, Shushila Karki former Chief Justice had been
6 min |
September 15, 2025
Daily FT
Welcome break from politics of entitlement
LAST week's repeal of the Presidents' Entitlements Act of 1986 marks an important symbolic milestone in our political culture.
2 min |
September 15, 2025
Daily FT
Ambeon ups stake in Ceylon Hotels Corp. to over 10%
AMBEON Capital PLC has increased its stake in Ceylon Hotels Corporation PLC with the purchase of a 3.95% stake for about Rs. 260 million last week.
1 min |
September 15, 2025
Daily FT
CICT earns top industry recognition at AFLAS Awards
Voted Best Container Terminal in Asia (under 4 m TEUs) nine years in a row
1 min |
September 15, 2025
Daily FT
Independent central bank is for citizens and not for politicians
IN a recent talk show titled 'Modern Talk' hosted by Channel 7 television, successor to the former YA Television, the young talk show hostess Nimna Perera asked me whether the current central bank management had been doing its job properly in managing the economy.¹
8 min |
September 15, 2025
Daily FT
Standard Chartered Sri Lanka hosts CEO – India and South Asia P.D. Singh
STANDARD Chartered Sri Lanka will host the Chief Executive Officer - India and South Asia P.D. Singh from 15 to 18 September, in Colombo along with a delegation.
1 min |
September 15, 2025
Daily FT
Ravi warns $ 7.2 b reserve target hurts households
UNP MP Ravi Karunanayake yesterday told Parliament that Sri Lanka’s plan to raise foreign reserves to $ 7.2 billion by December 2025 under the IMF’s Extended Fund Facility could place additional burdens on households and small businesses.
1 min |
September 13, 2025
Daily FT
President says tax incentives depends on Govt. revenue performance, economic stability
AKD meets apparel sector representatives for pre-Budget discussion Says Govt. committed to building essential infrastructure required by industries, investors Instructs officials to study industry challenges, proposals and develop action plan
2 min |
September 13, 2025
Daily FT
Hayleys Fentons, Hayleys Electronics achieve AEO Tier 1 Certification from Sri Lanka Customs
HAYLEYS Fentons Ltd., and Hayleys Electronics Ltd., have secured the Authorised Economic Operator (AEO) Tier I status, officially awarded by Sri Lanka Customs recently.
1 min |
September 13, 2025
Daily FT
Elon Musk's reign as world's richest man ends as Ellison gains over KSh 13 trillion
Oracle co-founder Larry Ellison has overtaken Elon Musk to become the world's richest person, ending Musk's nearly year- long dominance ■Ellison's net worth surged by $ 101 b in a single day after Oracle reported strong quarterly results ■Oracle's stock price soared 40% on investor confidence in its aggressive expansion into artificial intelligence and cloud computing
1 min |
September 13, 2025
Daily FT
Introducing Karina Starnes and her tourism-based mission in Deniyaya
Investment. This is the golden goose that Sri Lanka wishes tomanifest more consistently. While there are many diverse sectors where investment is needed, one significant area is tourism. The Harmony Page, as a holistic, activist oriented integrated form of mass communication, tying up the spiritual with the material, and thereby focusing seamlessly through many areas of national and international humanistic interest, has dedicated much of its space to ideate on how tourism can be developed to protect mother earth and her children. Today we feature a German tourism investor, Karina Starnes who has invested in this country to set up a nature sanctuary in a remote village in Deniyaya, where there is a vacuum in employment opportunities, scarcity of public transport and lack of streetlights. This interview will trace the soul of what investment should be, dispelling the myth that ‘investors’ are found only in plush locations of five-star hotels where investment boosting conferences are held at much cost to the nation. Karina, who arrived in Sri Lanka 13 years ago as a backpacker, freeing herself from her profession as an employee at a leading advertising agency in Germany, shares how she answered the ‘call’ from a Banyan tree in a former tea growing land in Naindawa in Deniyaya. This location had been an ancient place of worship (carried out by tea plantation workers), dedicated to Hindu deities of Shiva and Kali. Karina will tell the reader how she staked her entire life thus far, to create an authentic space for humans to rethink their own earth journey. Her goal? To awaken human consciousness to the mystical soul of earth, where flowing rivers, zig zag of solid rocks, gnarled trees and open skies provide a paradox to the tarred and cemented world that we have created and labelled it ‘life.’ Yes, this is tourism, as Karina explains, but in another sense it is not. It is a mission. A personal odyssey that uprooted her from everything that was familiar; her home, job, family and friends to pursue what is idealistic, as opposed to the materialistic. She was a European woman in an unknown land and the only foreign investor in the area. However by now she is much loved and respected by the entire Deniyaya; known to carry several large bags and backpack to do her marketing in town and walk up the narrow 10 minute unmotorable (by four-wheel) route to her resort, with the heavy load, often sparing her staff the task. En route to the Natural Mystic Sanctuary set up by her, and asking around for directions to the place, this writer discovered that Karina is somewhat of an icon. Her genuine simplicity is known by vegetable sellers, clay pottery shops and three-wheeler drivers, one of whom had pitched her photograph and the name of her nature sanctuary within his three-wheeler (tuk tuk). Below are excerpts of the interview with Karina:
7 min |
September 13, 2025
Daily FT
Triple threat of malnutrition puts children in South Asia at risk, UNICEF warns
Unhealthy food environments are fuelling a worsening nutrition crisis for children in the region
3 min |
September 13, 2025
Daily FT
Bradby Golf powered by NDB Privilege Banking, celebrates decade of prestige with historic tie
THE milestone 10th Bradby Golf Encounter, powered by NDB Privilege Banking, concluded on a remarkable note as the Old Trinitians and Old Royalists finished in a dramatic tie at the Victoria Golf Resort.
1 min |