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Daily FT

Daily FT

Moody's says SL faces significant credit impact from Ditwah

MOODY'S Investors Service has warned that the recent climate-driven natural disasters across South and Southeast Asia pose its most significant credit impact for Sri Lanka because of the country's limited fiscal capacity and high vulnerability to physical climate risks.

2 min  |

December 09, 2025
Daily FT

Daily FT

Cyclone Ditwah damages over 3,200 industries

Industry Ministry says figures expected to rise as assessment continues Establishes dedicated online platform, hotline for businesses to submit details of losses, apply for Rs. 200,000 Govt. assistance

1 min  |

December 09, 2025
Daily FT

Daily FT

AKD uses Newsweek interview to pitch investment agenda and climate-finance needs

PRESIDENT Anura Kumara Dissanayake used an interview with US publication Newsweek to outline the Government's priorities at a moment when the country is attempting to stabilise an economy hit by debt distress and a climate disaster.

3 min  |

December 09, 2025
Daily FT

Daily FT

Lulu's Yusuff Ali leads UAE residents' aid for Sri Lanka with Rs. 32 m donation

Embassy, Consulate receive tons of relief supplies from expats for cyclone- hit country

3 min  |

December 09, 2025
Daily FT

Daily FT

Building a safer Sri Lanka: A presidential appeal for a National Building and Development Code

Tracing the wounds of history and the painful narrative behind it

10+ min  |

December 09, 2025

Daily FT

CHEC Deputy MD says Port City Colombo ready for business with $ 1.3 b in investments secured

Thulci Aluwihare says discussions underway with about six more potential investors, expects these to translate into additional $ 600-850 m over next three to four years Attracting investors requires incentives to compensate Sri Lanka's weaker competitiveness rankings; key incentives non-fiscal ones to reduce foreign investor risk, mainly currency exposure Confirms Port City negotiated a fiscal package with Govt. and IMF Asserts Port City provides full capital mobility, a major deviation from South Asia’s typically tight capital controls

3 min  |

December 09, 2025

Daily FT

Assetline Finance opens subscriptions for landmark Rs. 5 b debenture issue

ASSETLINE Finance, the flagship company of the David Pieris Group’s financial services arm, has announced that subscriptions will open today (9) for its inaugural issuance of listed, rated, unsecured, senior, redeemable debentures, targeting up to Rs. 5 billion.

2 min  |

December 09, 2025
Daily FT

Daily FT

Secondary Bond market activity subdued; yields consolidate

THE secondary Bond market opened the new trading week on a dull note, with activity remaining subdued as participants took a cautious stance.

1 min  |

December 09, 2025

Daily FT

Need for daily official updates about upcountry access roads for tourists

DUE to the recent cyclone access roads to Nuwara Eliya have been severely affected.

1 min  |

December 09, 2025

Daily FT

A STRATEGIC IMPERATIVE: WHY SRI LANKA’S DEBT MANAGEMENT MUST TRANSITION BEYOND THE CENTRAL BANK

The recent enactment of the Central Bank of Sri Lanka Act No. 16 of 2023 (CBSL Act) and Public Debt Management Act No. 33 of 2024, in September 2023 and June 2024, respectively, mark a turning point in Sri Lanka’s economic governance.

4 min  |

December 09, 2025
Daily FT

Daily FT

VAT reform in a time of crisis

Assessing MSME readiness amidst Ditwah cyclone aftermath and the 2026 compliance mandate

5 min  |

December 09, 2025

Daily FT

Army SC, Ragama CC forced to settle for first innings wins

Tier B 3-Day tournament

1 min  |

December 09, 2025
Daily FT

Daily FT

Akbar Brothers crowned Mercantile 'A' Division Basketball champions

AKBAR Brothers Ltd. delivered a commanding all-round performance to clinch the 'A' Division title at the 33rd MSBA League Basketball Tournament, defeating defending champions Fairfirst Insurance 70-60 in a thrilling final held on Friday, 5 December.

1 min  |

December 09, 2025
Daily FT

Daily FT

LNBTI hosts inaugural convocation, marking historic milestone for Sri Lanka-Japan education

LANKA Nippon BizTech Institute (LNBTI), Sri Lanka’s first Japanese-affiliated IT higher education institute, held its Inaugural Convocation on 14 November 2025, at the BMICH, Colombo—marking a significant milestone in the country’s education landscape and strengthening the longstanding friendship between Sri Lanka and Japan.

1 min  |

December 09, 2025

Daily FT

CSE closes on the up, recovers 5% of last week's value loss

THE Colombo stock market yesterday opened the week on the up, gaining Rs. 22.6 billion in value and recovering barely 5.2% of the Rs. 424 billion loss sustained last week.

1 min  |

December 09, 2025

Daily FT

SL draws...

The performance also pushes year-to-date (YTD) arrivals to over 2.14 million, marking a 16.3% growth compared with the same period last year.

2 min  |

December 09, 2025
Daily FT

Daily FT

Cyclone Ditwah: Sri Lanka's largest disaster and the path to resilient recovery

THE Cabinet has sanctioned the establishment of the Rebuilding Sri Lanka Fund as a statutory mechanism under the Presidential Secretariat.

2 min  |

December 09, 2025
Daily FT

Daily FT

Sri Lanka highlights diversity in tourism at Holiday Expo Gent 2025, Belgium

SRI Lanka Embassy in Belgium together with the Sri Lanka Tourism Promotion Bureau participated in the Holiday Expo Gent held from 28 November to 01 December 2025 at Flanders Expo in Belgium, for the second consecutive time.

1 min  |

December 09, 2025
Daily FT

Daily FT

Colts, Police SC grab full points on first weekend

COLTS and Police SC managed to grab full points with wins against Chilaw Marians CC and Panadura SC respectively in the opening weekend of the SLC Major Club 3-day tournament.

3 min  |

December 09, 2025
Daily FT

Daily FT

Coping with and managing the agony and ecstasy of annual promotions

IN the early years of my leadership career, an event that often left me in a state of trepidation was the annual promotion cycle.

8 min  |

December 09, 2025

Daily FT

Seylan Bank partners CDS to facilitate investment access for non-resident investors

SEYLAN Bank PLC entered a strategic partnership with the Central Depository Systems Ltd., (CDS), the wholly owned subsidiary of the Colombo Stock Exchange (CSE), through the signing of a Memorandum of Understanding (MoU) aimed at enhancing investment accessibility for nonresident investors.

1 min  |

December 09, 2025

Daily FT

New Commission Members appointed to Insurance Regulatory Commission of Sri Lanka

THE Insurance Regulatory Commission of Sri Lanka (IRCSL) has announced the appointment of A.N. Hapugala and Dr. Chandranath Amarasekara as Ex-Officio Members to the Commission.

2 min  |

December 09, 2025

Daily FT

Digital banking fees in Sri Lanka: A case for reform

A policy framework for fair and inclusive financial services

3 min  |

December 09, 2025
Daily FT

Daily FT

Monash College and Universal College Lanka celebrate decade of partnership empowering Sri Lankan students

MONASH University, Monash College and Universal College Lanka (UCL) recently marked a decade of partnership that has created life-changing opportunities for Sri Lankan students to access a world-class Monash education.

2 min  |

December 09, 2025

Daily FT

HNB tops TAB Global ranking as Sri Lanka's Strongest Bank

HNB PLC has been awarded the title of Strongest Bank in Sri Lanka for 2025 by TAB Global.

2 min  |

December 09, 2025
Daily FT

Daily FT

President reviews recovery efforts in Nuwara Eliya and Badulla

President Anura Kumara Dissanayake

3 min  |

December 09, 2025
Daily FT

Daily FT

MAS crowned Mercantile Athletics champs again

MAS Holdings have been crowned winners of the 40th Annual Mercantile Athletics Championship as they ruled the Track and Field in Diyagama with a brilliant overall performance in all disciplines to prove their mettle as undisputed champions of the corporate athletics arena for yet another year:

1 min  |

December 09, 2025

Daily FT

'The way forward is not to step back but to step up'

BISHOP of Kandy Diocese Rt. Rev. Dr. Valence Mendis delivered a powerful message of solidarity and compassion at”Sounds of the Season,’an evening of harmony and reflection organised by Union Bank together with Port City and the Sri Lanka Institute of Directors (SLID), in support of communities affected by Cyclone Ditwah

1 min  |

December 09, 2025

Daily FT

Sofia Colombo launches Colombo's first 'Hotel E-Shop' powered by Thineth Software Solutions

IN a groundbreaking step toward enhancing guest convenience and digital hospitality, Sofia Colombo has officially launched Colombo's first-ever multilingual \"Hotel E-Shop,\" developed in partnership with Thineth Software Solutions.

1 min  |

December 09, 2025
Daily FT

Daily FT

Lando Norris wins first F1 world championship title at Abu Dhabi GP

A tearful Lando Norris claimed his maiden Formula One (F1) world drivers’ title in Abu Dhabi on Sunday ending Max Verstappen’s four-year reign.

2 min  |

December 09, 2025
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