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Daily FT

Profit-taking drags Colombo stock market down

THE Colombo stock market yesterday remained in the negative mode due to profit-taking by investors.

1 min  |

July 18, 2025

Daily FT

TikTok, Sri Lanka discuss digital education, economic collaboration

A group of representatives of the TikTok platform in Sri Lanka on Wednesday (16) held discussions with top officials of the Prime Minister's Office, focusing on how the social media platform can be used to implement in creating opportunities in economic platforms and digital education, going beyond entertainment.

1 min  |

July 18, 2025

Daily FT

Exporters invited to join Sri Lanka Brands Forum at World Expo in Osaka

THE National Chamber of Exporters of Sri Lanka (NCE), in collaboration with the Embassy of Sri Lanka in Japan, has announced the “Sri Lankan Export Brands Forum”, taking place on 25 September, at the prestigious World Expo in Osaka, Japan.

1 min  |

July 18, 2025
Daily FT

Daily FT

LOLC Finance wins Gold at CEO's Forum and Institutional Rating Awards 2025

IN an outstanding recognition of excellence in data integrity and operational discipline, LOLC Finance PLC was honoured with the Gold Award for Data Submission Volume: 1,000,000 and Above in the “Data Management and Compliance” category at the annual CEO’s Forum and Institutional Rating Awards Ceremony 2025 organised by the Credit Information Bureau of Sri Lanka (CRIB).

2 min  |

July 18, 2025
Daily FT

Daily FT

Empowering compliance: Crucial role of internal audit in navigating AML/CFT risk management

IN today’s increasingly complex financial landscape, the significance of robust Anti-Money Laundering (AML) and Counter Financing of Terrorism (CFT) compliance cannot be overstated.

2 min  |

July 18, 2025

Daily FT

IndiGo starts long-haul debut with non-stop flights connecting Mumbai and Manchester

INDIGO, has announced it's first-ever long-haul route connecting Mumbai (India) with Manchester (United Kingdom), becoming the only airline to offer nonstop service between these two cities, from 1 July.

2 min  |

July 18, 2025
Daily FT

Daily FT

Pathfinder Foundation conducts diplomatic dialogue on energy independence and security

THE Pathfinder Foundation hosted the sixth session of its “Dialogue with Diplomats” series, at the Courtyard by Marriott, Colombo. The session centred on the theme “Energy Independence and Security for Sri Lanka”.

1 min  |

July 18, 2025
Daily FT

Daily FT

Asoka Dias wins award for Best Educational Television Program

ASOKA Dias has won the Sumathi Award for the 'Best Educational Television Program' this year at the 30th Sumathi Awards ceremony, held on 15 July.

1 min  |

July 18, 2025

Daily FT

NDB Bank honoured with prestigious titles at Asian Banking & Finance Awards 2025

NATIONAL Development Bank PLC (NDB) has announced its latest accolades at the Asian Banking & Finance Retail Banking Awards 2025 held in Singapore, having secured two coveted awards, Domestic Retail Bank of the Year - Sri Lanka and, for the very first time, Islamic Banking Initiative of the Year — Sri Lanka. These recognitions reinforce NDB’s unwavering commitment to excellence, customer-centric banking, and innovation across diverse financial segments.

1 min  |

July 18, 2025
Daily FT

Daily FT

Leading corporates unite to rebuild trust in science to generate wealth for people

IN a powerful display of private sector commitment to national development, Access Engineering PLC, Brandix Lanka Ltd., Commercial Bank of Ceylon PLC, Dialog Axiata PLC, and TV Derana have joined forces with the National Academy of Sciences of Sri Lanka (NASSL) and the Sri Lanka Association for the Advancement of Science (SLAAS) to launch 'Rebuild Trust in Science' - a three-year national public engagement initiative to restore confidence in science and its role in generating sustainable prosperity.

1 min  |

July 18, 2025
Daily FT

Daily FT

Bradman Weerakoon as crisis manager and international relations advisor

BRADMAN Weerakoon was given a ceremonial but warm farewell by a regretful Prime Minister R. Premadasa, when he was quitting the post of Secretary to the PM and leaving for London to take up the post of Secretary-General of the International Planned Parenthood Federation. A lesser man wouldn't have returned to Sri Lanka though his former boss Premadasa was elected President, because the country was a cauldron of armed conflict. He could have stayed on in the UK, but his patriotism combined with his loyalty to Premadasa made him return and assume the post of Presidential Advisor on International Relations at a time Sri Lanka's external affairs and world affairs in general were in a state of flux.

7 min  |

July 17, 2025
Daily FT

Daily FT

Sri Lanka and Oman sign MoU to exchange intelligence on money laundering activities

THE Financial Intelligence Unit of Sri Lanka (FIU-Sri Lanka) entered into a Memorandum of Understanding (MoU) with the National Center for Financial Information in the Sultanate of Oman (NCFI-Oman) during the 31st Plenary of the Egmont Group, held in Luxembourg.

1 min  |

July 17, 2025
Daily FT

Daily FT

Lasitha Wimalaratne and Sithumina Jayasundara Appointed as Executive Directors

A key leadership announcement was made as Lasitha Wimalaratne has been appointed as an Executive Director/CEO of HNB Assurance PLC, while Sithumina Jayasundara has been appointed as an Executive Director/CEO of HNB General Insurance Limited.

3 min  |

July 17, 2025
Daily FT

Daily FT

About the Global CEO Forum

The Global CEO Forum is a premier, ongoing platform that unites visionary business leaders, Chairpersons, CEOs, and C-level executives from around the world for continuous dialogue, strategic collaboration, and endless inspiration. It is where decision-makers converge to share insights, confront challenges, and drive impactful change across industries and economies.

1 min  |

July 17, 2025

Daily FT

Secondary Bond market activity remains subdued

THE weighted average yield rates were seen increasing across the board for the second consecutive week at its weekly auction held yesterday. Accordingly, the weighted average rate on the 91-day tenor increased by 02 basis points to 7.62%, the 182-day tenor by 07 basis points to 7.91% and the 364-day tenor by 05 basis point to 8.04%.

1 min  |

July 17, 2025
Daily FT

Daily FT

MESSAGE FROM HON. MINISTER OF HEALTH AND MASS MEDIA

The award winners represent far more than individual success. Each of you stands as a symbol of determination, innovation, and leadership. You have not only excelled in your own fields, you have inspired others, created jobs, driven economic growth, and redefined what leadership looks like.

1 min  |

July 17, 2025
Daily FT

Daily FT

Chronic impunctuality, haphazard time management: Silent assassins of Sri Lanka’s productivity

THE chronic impunctuality among its citizens and the haphazard time management of its leaders are eroding Sri Lanka’s labour productivity, choking its production output and silently destroying its global competitiveness.

10 min  |

July 17, 2025
Daily FT

Daily FT

MESSAGE FROM HON. MINISTER OF INDUSTRY AND ENTREPRENEURSHIP DEVELOPMENT

Let me begin by extending my warmest congratulations to all the award recipients.

1 min  |

July 17, 2025
Daily FT

Daily FT

SLT-Mobitel becomes first telco to partner with KOKO, offering flexible payment plans for devices

SLT-MOBITEL, in an exciting new partnership, has become the first telco to join forces with Koko, the country's pioneering Buy Now, Pay Later (BNPL) provider, to offer flexible payment solutions for 4G and 5G-ready devices and connectivity products.

1 min  |

July 17, 2025
Daily FT

Daily FT

Thema Collection sets sustainability benchmark with GHG quantification initiative

WITH the global urgency to address climate change and the rising demand for responsible travel, Thema Collection—a leading thematic and eco-conscious hospitality group in Sri Lanka—has successfully completed a groundbreaking sustainability initiative in partnership with Australia’s Market Development Facility (MDF).

2 min  |

July 17, 2025

Daily FT

Shaping blueprint of exceptional workplaces: Great Place To Work unveils Sri Lanka's 40 Best Workplaces for 2025

IN its 13th consecutive year of championing exceptional workplace culture, Great Place To Work Sri Lanka has officially unveiled its eagerly awaited list of the 40 Best Workplaces™ in Sri Lanka for 2025.

2 min  |

July 17, 2025

Daily FT

BCCS Awards 2025: Stronger focus on integrity, impact and innovation

NOW in its 22nd year, the Best Corporate Citizen Sustainability (BCCS) Awards continues to raise the bar for corporate responsibility in Sri Lanka.

1 min  |

July 17, 2025
Daily FT

Daily FT

FCCISL strengthens economic cooperation with Oman

B2B partnerships and CACCI 2025 participation on the horizon

2 min  |

July 17, 2025

Daily FT

'Uber for teens' debuts in Sri Lanka

UBER has announced the launch of 'Uber for teens' in Sri Lanka — a dedicated product designed to offer teenagers aged 13 to 17 years the freedom to ride independently, with technology-driven safety features that keep parents and guardians informed every step of the way.

1 min  |

July 17, 2025
Daily FT

Daily FT

Sri Lanka's largest menstrual health and hygiene education program kicks off

■National initiative by Fems partnering Red Cross, United Communities and Ministries of Health and Education ■\"Api Katha Karamu\" to educate over 180,000 school students countrywide to address critical gaps and create awareness

2 min  |

July 17, 2025

Daily FT

Hague Group charges Israel with genocide

Multilateral coalition arrive in Bogota to take action to stop Israel's genocide, despite US condemnation and sanctions against UN and international courts

6 min  |

July 17, 2025
Daily FT

Daily FT

SLID CXO Forum 2025 tackles banking innovation, technology and risk in partnership with Huawei

THE Sri Lanka Institute of Directors (SLID), in collaboration with Huawei Sri Lanka, hosted its CXO Forum 2025 at Cinnamon Grand Colombo, bringing together over 100 banking and finance leaders to explore the theme: “Can Banks De-Risk and Innovate in This Hyper Competitive Age with Technology?”

1 min  |

July 17, 2025

Daily FT

Pan Asia Bank customers win big at CMA Sri Lanka MSME Business Excellence Awards 2025

PAN Asia Bank has announced that two of its valued MSME clients have been recognised with prestigious accolades at the CMA Sri Lanka MSME Business Excellence Awards 2025, held on 27 June 2025 at the Lotus Hall, BMICH Colombo.

1 min  |

July 17, 2025
Daily FT

Daily FT

Cinnamon Hotels & Resorts announces new leadership appointments across Sri Lanka resort properties

CINNAMON Hotels & Resorts has announced a series of senior leadership transitions across its Sri Lankan resort portfolio, reflecting the Group's strategic commitment to strengthening internal talent pipelines, advancing inclusive leadership, and driving operational excellence across its Sri Lanka Resort portfolio.

3 min  |

July 17, 2025
Daily FT

Daily FT

Unbeaten century by Nuwanidu helps Sri Lanka 'A' to a draw

First 4-day unofficial Test against Australia 'A'

1 min  |

July 17, 2025