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Daily FT

E-Visible partners Prime Business Solutions to launch cutting-edge logistics platform “NaviTrax”

E-VISIBLE, a leading supply chain and logistics solutions provider with over a decade of industry experience, has entered into a strategic investment partnership with Prime Business Solutions to deliver advanced technological services to the logistics sector in Sri Lanka.

2 min  |

August 18, 2025
Daily FT

Daily FT

Official website of Voyage Sri Lanka 2025 goes live

THE official website of the Voyage Sri Lanka 2025 Conference was launched last week by Sri Lanka Export Development Board (EDB) Chairman and Chief Executive Mangala Wijesinghe at the EDB premises.

1 min  |

August 18, 2025

Daily FT

hSenidBiz starts FY26 strong with steady recurring revenue and margin gains

HSENID Business Solutions PLC (hSenidBiz) announced its financial results for the first quarter of FY2026, reporting stable topline performance and the continuation of profitability improvements seen in the prior quarter. Total revenue for the quarter reached Rs. 471.7 million, with recurring subscription revenues growing 36 per cent year-on-year in LKR terms. A decline in professional services revenue, particularly from large on-premise projects, partially offset the strong growth in recurring revenues resulting in a modest 1 percent year-over-year growth in LKR terms and 2 percent in constant currency (USD) terms.

1 min  |

August 18, 2025

Daily FT

UN Rights report details Lankan security forces abuses

HUMAN Rights Watch said on Friday the UN Human Rights Office’s report on Sri Lanka details entrenched and systemic rights violations—including arbitrary detention, torture, and deaths in custody—under President Anura Kumara Disanayake.

3 min  |

August 18, 2025
Daily FT

Daily FT

Not too late for a winning bet: Need to redraft Gambling Bill

AFTER weeks of discussion, the Committee on Public Finance approved the Gambling Regulatory Authority (GRA) Bill last week. While the Bill faces its second reading in Parliament this Tuesday, its many deficiencies remain—helping create a regulator not worth its salt.

3 min  |

August 18, 2025

Daily FT

SLINTEC's accredited food testing services boost Sri Lanka's export potential

THE Sri Lanka Institute of Nanotechnology (SLINTEC) has reached a major milestone, with its Advanced Analytical Services Laboratory receiving ISO/ IEC 17025:2017 accreditation from the Sri Lanka Accreditation Board (SLAB).

1 min  |

August 18, 2025

Daily FT

Emirates makes changes to safety rules for customer usage of power banks onboard

USING any kind of power bank is prohibited onboard Emirates fights, effective from 1 October 2025.

2 min  |

August 18, 2025
Daily FT

Daily FT

TPL appointed exclusive distributor for Tonino Lamborghini electric golf carts in the Maldives

Partnership brings iconic Italian design and sustainable mobility to the Maldives’ high-luxury hospitality sector

3 min  |

August 18, 2025

Daily FT

JAT continues momentum to FY 2025/26 with 20% PAT growth in Q1

YTD PAT increases by 20% with 1% margin increase YTD local revenue increases by 13% Overall YoY GP margin increases by 7% Efficiencies through backward vertical integration initiatives reflected through performance Unlocks further value from EV charger manufacturing venture

3 min  |

August 18, 2025

Daily FT

E.B. Creasy posts robust Q1 FY26 with 146% rise in PBT

DIVERSIFIED conglomerate E.B. Creasy & Co PLC has commenced FY26 with a robust performance, demonstrating significant growth across both revenue and profitability.

2 min  |

August 18, 2025

Daily FT

SriLankan Aviation College's first transnational Aircraft Maintenance Engineering batch begins training in Australia

STUDENTS of the first intake of the collaborative Australian Diploma of Aircraft Maintenance Engineering by Aviation Australia and SriLankan Aviation College, the training arm of SriLankan Airlines, has successfully completed the first part of the training in Sri Lanka and made their way to the Brisbane Campus of Aviation Australia to complete their diploma.

2 min  |

August 18, 2025

Daily FT

Remembering my friend Harry on his 83rd birthday

EVERY year, for so many years, the first thing I would do as soon as I woke up on 17 August was to call my dear friend, the late Harry Stassen Jayawardena.

2 min  |

August 18, 2025
Daily FT

Daily FT

Sri Lanka Cricket's new Team Kit designed by Moose Clothing

SRI Lanka Cricket (SLC), in partnership with Moose Clothing Company, the Official Cricket Clothing Partner of SLC, has unveiled the newly designed team jerseys across all formats.

1 min  |

August 18, 2025
Daily FT

Daily FT

Benedictines triumph at Western Province Schools Athletics Championship

ST Benedict’ College athletes covered themselves in glory at the Diyagama Stadium from 11-14 August, winning the Overall Championship at the highly competitive Western Province Schools Athletics Championship, where all the leading schools in the Colombo, Gampaha, and Kalutara districts competed.

1 min  |

August 18, 2025

Daily FT

Wesley clinch historic four-in-a-row Blaze Trophy

FOR the first time in history, Wesley College claimed the prestigious L.E. Blaze Trophy for the fourth year in tandem, defeating Kingswood College in emphatic fashion under lights with a commanding 46/10 victory at Longdon Place in front of a packed house last weekend.

1 min  |

August 18, 2025
Daily FT

Daily FT

Sri Lanka's 1996 World Cup win ended Bob Simpson's tenure as Australian Coach

Predicted bright future for Michael Tissera Key figure in Muralitharan throwing controversy

2 min  |

August 18, 2025
Daily FT

Daily FT

Govt. calls for calm amid hartal in North and East over Mullaitivu death

Cabinet Spokesman and Minister Dr. Nalinda Jayatissa claims deceased allegedly tried to forcibly enter military camp of 12th Battalion, Sinha Regiment, slated for evacuation Says three Army personnel arrested and handed to Court; investigations continue Alleges political groups spread misinformation to create unrest, calls for peaceful public action Political parties supporting ITAK hartal include; SLMC, TPA, TNA and CWC.

1 min  |

August 18, 2025

Daily FT

Bloated public sector cannot boost economy

LAST week, the Government announced that approval has been granted for the recruitment of 62,314 individuals into the public service over the past eight months. A special committee, chaired by the Secretary to the Prime Minister, has been tasked with overseeing this massive intake. According to the cabinet spokesperson, some of these recruitments have already been finalised, while others remain at stages such as examinations and interviews.

2 min  |

August 18, 2025

Daily FT

Ananda win William Gopallawa Shield; Joes claim Lady Jayathilake Shield

ANANDA College produced a spirited performance to edge out Vidyartha College 22/21 in a nail-biting encounter at Rajagiriya on Saturday.

1 min  |

August 18, 2025
Daily FT

Daily FT

Insurance regulator sees steady industry growth despite challenges

THE Insurance Regulatory Commission of Sri Lanka (IRCSL) says the insurance industry has demonstrated resilience from 2020 through early 2025, successfully navigating the economic challenges caused by the COVID-19 pandemic and the severe economic crisis of 2022.

5 min  |

August 18, 2025

Daily FT

JXG in strong start for FY26; reports Rs. 2.28 b net profit in 1Q

CONTINUING its positive trajectory, financial conglomerate, JXG (Janashakthi Group), has reported a consolidated net profit after tax (NPAT) of Rs. 2.28 billion for the first quarter ended 30 June.

2 min  |

August 18, 2025
Daily FT

Daily FT

Sri Lanka Sustainable Trade and Economic Summit 2025 a success

Spotlights local entrepreneurs and expands business access

2 min  |

August 18, 2025
Daily FT

Daily FT

Don't fly me to the Moon again, Mr. Rocketman

THIS week was something special, celestially speaking. First there was the spectacular Perseid shower in the bewitching midnight watch and some hours after.

5 min  |

August 16, 2025
Daily FT

Daily FT

X-Press Pearl parent company challenges $ 1 b Supreme Court Order over disaster

SINGAPORE-BASED X-Press Feeders, the former operator of the container ship X-Press Pearl, in a statement yesterday challenged the Supreme Court order requiring it to pay an initial $ 1 billion within a year for the 2021 marine disaster, warning of human, legal, and economic repercussions.

2 min  |

August 16, 2025

Daily FT

Japan Envoy urges SL to foster transparent, predictable and non-discriminatory business environment

JAPANESE Ambassador Akio Isomata on Thursday (14) has called for a more transparent, predictable and nondiscriminatory business environment for Japanese companies operating in Sri Lanka.

1 min  |

August 16, 2025
Daily FT

Daily FT

Global demand for Ceylon Cinnamon on the rise

ASSOCIATION for Ceylon Cinnamon Protected Geographical Indication (ACCPGI) Secretary Christopher Fernando said the global market for Ceylon Cinnamon is experiencing a period of robust growth, driven by increasing consumer demand for natural health-enhancing ingredients and premium quality spices.

3 min  |

August 16, 2025

Daily FT

7th Fleet’s USS Santa Barbara in maiden call to Colombo

THE US Embassy in Sri Lanka in a state ment on Friday said the USS Santa Barbara of the 7th Fleet will make its first call on the Port of Colombo on 16 August.

1 min  |

August 16, 2025
Daily FT

Daily FT

Imported sustainability: Rethinking Sri Lanka’s paradoxical wind energy ambitions

I seriously doubt Sri Lanka has ever missed embracing any “lofty international goal” in its policy documents. The energy policies are no exception. The Sri Lanka National Energy Policy and Strategies of 2019 might be the most internationally aligned energy policy the country has ever had, endorsing the United Nations Sustainable Development Goals (SDGs) and Carbon Neutrality by 2050.

7 min  |

August 16, 2025
Daily FT

Daily FT

Potential of birdwatching for tourism, local biodiversity conservation awareness

Today we feature a discussion with Marc Katz, an ardent bird watcher from the United States who spent two weeks in Sri Lanka, searching and observing rare bird species.

5 min  |

August 16, 2025

Daily FT

Fleeting nature of political power

JVP General Secretary Tilvin Silva in a discussion on his Facebook page recently made some comments on some of the discussions that transpired during a visit to China by a delegation from the JVP that was undertaken at the invitation of the Communist Party of China (CPC) in June.

3 min  |

August 16, 2025
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