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Daily FT

Chichi’s rocket and Harini

PRIME Minister Harini Amarasuriya’s response in Parliament to SLPP MP D.V. Chanaka’s question over the controversial SupremeSAT project — which launched a communication satellite in November 2012 — and subsequent statements by Trade and Commerce Minister Wasantha Samarasinghe caused uproar and once again called into question the credibility of Government leaders’ official remarks.

2 min  |

August 20, 2025

Daily FT

State sugar firm to seek investors for two tourism PPPs

IN a bid to boost income of the State-run Pelwatte and Sevanagala sugar factories, which are under Lanka Sugar Ltd., the Cabinet of Ministers on Monday approved calling for expressions of interest (Eols) from private investors to set up two tourism projects under a public-private-partnership (PPP) model.

1 min  |

August 20, 2025

Daily FT

EDB engages with Palestinian Ambassador to boost bilateral trade opportunities

THE Sri Lanka Export Development Board (EDB) recently hosted Ambassador of the State of Palestine to Sri Lanka Ihab I.M. Khalil for a courtesy call that aimed at strengthening stronger trade ties and exploring new avenues for bilateral cooperation.

1 min  |

August 20, 2025

Daily FT

SLC UNDER-23 INTER-CLUB 2-DAY TOURNAMENT Staunch resistance by Ragama CC deny Colts full points

RAGAMA CC put up staunch resistance in their second innings after being forced to follow-on to deny Colts an outright win in their SLC Under-23 inter-club 2-day match played at Salawa Army ground, Kosgama yesterday.

1 min  |

August 20, 2025

Daily FT

People's Leasing & Finance achieves highest-ever disbursement

PEOPLE’S Leasing & Finance PLC (PLC) in a statement yesterday said it has achieved its highest-ever lease and loan disbursement.

1 min  |

August 20, 2025

Daily FT

Australian influencers to showcase Sri Lanka’s wonders to millions worldwide

AS part of a renewed effort to position Sri Lanka as a top long-haul destination for Australian travellers, the Sri Lanka Tourism Promotion Bureau (SLTPB) is organising a special influencer familiarisation tour featuring four prominent Australian social media personalities. The group will arrive in Sri Lanka on 20 August and will explore the island until 31 August. This promotional initiative forms part of SLTPB’s ongoing global digital outreach strategy aimed at attracting high-yield tourists through content-driven marketing.

2 min  |

August 20, 2025
Daily FT

Daily FT

Seylan Bank and University of Peradeniya empower teenagers with financial literacy

SEYLAN Bank has partnered with the University of Peradeniya as the Official Banking Partner for a nationwide series of workshops aimed at introducing G.C.E. O/L and A/L students to higher education opportunities, career pathways, and enhancing their financial literacy.

1 min  |

August 20, 2025
Daily FT

Daily FT

Sri Lanka’s energy crossroads: From crisis to clean powerhouse

A nation running on borrowed power

4 min  |

August 20, 2025
Daily FT

Daily FT

Royal Palms Beach Hotel, Kalutara shines again at National Business Excellence Awards 2025

ROYAL Palms Beach Hotel, Kalutara once again proved its place among Sri Lanka’s finest, securing a Merit Award in the Hospitality and Tourism category at the National Business Excellence Awards 2025 (NBEA).

1 min  |

August 20, 2025
Daily FT

Daily FT

Building high-performing teams: Converting mystery into reality

IN today’s hyper-competitive landscape, high-performance teams, being those elite units that consistently exceed expectations, are an elusive rarity. What fuels their relentless drive for excellence has been a subject of much discussion. We have been made to believe that there is a mysterious intangible which separates a great team from a good team and that there is an ethereal alchemy of traits and behaviours which combine to produce a binding, collaborative force.

10 min  |

August 20, 2025

Daily FT

SLC ropes in Malinga to prepare fast bowlers ahead of Zimbabwe tour

SRI Lanka Cricket (SLC) has roped in former fast bowler Lasith Malinga to join the Sri Lanka squad at practices in preparation for the white ball tour of Zimbabwe starting later this month.

1 min  |

August 20, 2025

Daily FT

Kapruka reports 94% YoY improvement in operating performance as platform strategy gains momentum

KAPRUKA Holdings PLC yesterday announced strong financial results for the quarter ended 30 June, with consolidated revenue rising 14% year-on-year (YoY) to Rs. 448.52 million and gross profit increasing 30% to Rs. 171.19 million.

1 min  |

August 20, 2025

Daily FT

Sri Lanka–Indonesia Business Council holds 2nd Annual General Meeting

THE Sri Lanka-Indonesia Business Council of the Ceylon Chamber of Commerce held its second Annual General Meeting (AGM) recently.

1 min  |

August 20, 2025

Daily FT

Sampath Bank becomes Sri Lanka's Best Retail and Best Commercial Bank

Accolade for 11th consecutive year at World Finance Banking Awards 2025

1 min  |

August 20, 2025
Daily FT

Daily FT

Govt. holds workshop to educate public sector executives on Al usage

THE Government recently held another workshop in a series of special seminars planned for public sector executive officers on the use of artificial intelligence (Al) to turn the State services into an effective and efficient sector at Temple Trees last week.

1 min  |

August 20, 2025

Daily FT

Lanka Rating Agency makes new Board appointments

LANKA Rating Agency Ltd. (LRA) yesterday announced the appointment of Indrajith Fernando and Priyana Gunasekera to its Board of Directors.

1 min  |

August 20, 2025

Daily FT

Samson International bounces back with strong Q1 profits

■Strategic shift and market diversification drive 158% profit growth

1 min  |

August 20, 2025

Daily FT

Sri Lanka–Maldives Business Council hosts 17th AGM

Leads landmark Business Forum in Maldives

2 min  |

August 20, 2025

Daily FT

Big names return as India announce strong squad for Asia Cup

DEFENDING champions India have announced their 15-member squad for the upcoming Asia Cup in the UAE

1 min  |

August 20, 2025

Daily FT

DFCC Bank marks 70 years of partnering Sri Lanka’s MSMEs

IN celebration of its 70th anniversary, DFCC Bank has reaffirmed its commitment to empowering micro, small, and medium enterprises (MSMEs) across Sri Lanka.

1 min  |

August 20, 2025

Daily FT

Nearly quarter of workforce exposed to GenAI: IPS

AN Institute of Policy Studies (IPS) report yesterday said that about 1.83 million workers in Sri Lanka, or 22.8% of the employed population, are in jobs that could be exposed to Generative Artificial Intelligence (GenAI).

1 min  |

August 19, 2025
Daily FT

Daily FT

Brown & Company introduces affordable EV line-up

BROWNS EV, a unit of Brown & Company PLC, yesterday announced that it has partnered

3 min  |

August 19, 2025

Daily FT

Sri Lanka-Japan Business Council leads delegation to Investment Forum in Tokyo

THE Sri Lanka-Japan Business Council (SLJBC) of The Ceylon Chamber of Commerce will lead a high-level business delegation to Tokyo next month to participate in the Tokyo Investment Forum, organised in col-

1 min  |

August 19, 2025

Daily FT

Getting the timing right: Disasters, debt and livelihoods

ACROSS Asia and the Pacific, floods, typhoons, heatwaves, and droughts now strike with a frequency unimaginable a generation ago. Rising temperatures and seas fuel fiercer storms, while rapid urban growth pushes more families into harm’s way.

3 min  |

August 19, 2025
Daily FT

Daily FT

Making sense of Curricular Reforms 2025

THE Ministry of Education, Higher Education, and Vocational Education (MoE) has unveiled what they call a major reform agenda to reshape the future of Sri Lankan education, titled Transform Education: Transform Sri Lanka, in the Parliament of Sri Lanka on 11 July 2025.

8 min  |

August 19, 2025

Daily FT

Gem and jewellery industry urges market liberalisation

SLGJA President Akram Cassim says high taxes forced goldsmiths and businesses abroad; liberalised regime could lure them back and attract global brands

2 min  |

August 19, 2025

Daily FT

BIA restricts visitor access during peak hours to ease congestion

IN a move to ease mounting congestion at the country's main international gateway, the Bandaranaike International Airport (BIA) has announced new restrictions on visitor access to the Departure Lobby during peak hours.

1 min  |

August 19, 2025

Daily FT

Asia Frontier Capital raised Sri Lanka exposure as growth, stability took hold

Asia Frontier Capital Fund Manager Ruchir Desai explains why fund increased allocations to Sri Lanka equities Says valuations attractive due to improving political stability, economic recovery beating expectations Notes 2025 as first full year of stability Asserts that next three to four years will be good for Sri Lanka Points to banking and consumer stocks upside

1 min  |

August 19, 2025

Daily FT

Importers claim over 10,000 vehicles stuck in ports

VEHICLE Importers' Association of Lanka (VIAL) Chairman Indika Sampath Merenchige yesterday said that more than 10,000 vehicles are stuck at Sri Lankan ports over Customs clearance delays and documentation problems.

1 min  |

August 19, 2025

Daily FT

In the name of humanity

IN 2016, the Syrian government launched relentless attacks on Eastern Ghouta, near the capital Damascus. The attack was brutal; artillery dropped day and night, destroying every safe corner to hide. The more people tried to reach safety, the more they were attacked regardless of their age, gender, or religious background.

3 min  |

August 19, 2025
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