Newspaper
Daily FT
Union Assurance Agency Premier League brings employees together for second consecutive year
Union Assurance once again brought its people together in the spirit of sport and fellowship through the Union Assurance Agency Premier League, which marked its second consecutive year recently at the Nondescripts Cricket Club (NCC) Ground.
1 min |
May 28, 2026
Daily FT
Decoding trump - Xi Jinping summit: Global and regional impact and consequences on Sri Lanka
INTERESTINGLY, on the second week of May 2026, the world witnessed, what could be described as, the most consequential bilateral meeting of the world.
10+ min |
May 28, 2026
Daily FT
France's Kouame becomes youngest male Grand Slam match-winner in 17 years
FRENCH teenager Moise Kouame announced himself on the Grand Slam stage in emphatic fashion, beating former US Open champion Marin Cilic 7-6(4) 6-2 6-1 at the French Open to become the youngest man to win a major main-draw match in 17 years.
1 min |
May 28, 2026
Daily FT
Etihad Airways increases A380 services to Paris, expands to three daily flights
ETIHAD Airways will increase its Airbus A380 service to Paris Charles de Gaulle (CDG) to double-daily this summer, expanding the route to triple-daily overall and making Paris one of only a handful of destinations in the world to be served twice a day by double-decker aircraft.
1 min |
May 28, 2026
Daily FT
‘SmartChat Mega - Kandy’ accelerates SME digital transformation for the Central Province
SLT-MOBITEL Enterprise showcases tailored digital and AI-driven business solutions
1 min |
May 28, 2026
Daily FT
Swadeshi Khomba Baby Soap receives SLS certification
SWADESHI Khomba Baby Soap has received the SLS certification issued by the Sri Lanka Standards Institution (SLSI).
1 min |
May 28, 2026
Daily FT
Sooryavanshi, 15, stuns again in IPL eliminator
TEENAGE sensation Vaibhav Sooryavanshi produced his latest extraordinary innings by hitting 97 from just 29 balls in the Indian Premier League (IPL) eliminator against Sunrisers Hyderabad.
1 min |
May 28, 2026
Daily FT
Democratic guardrails are slipping: How “reform” laws entrench Executive Power
SRI Lanka’s recent legislative trajectory raises serious concerns about the consolidation of executive power at the expense of democratic accountability and civil liberties.
3 min |
May 28, 2026
Daily FT
CBSL assures FX distortions will not recur after interbank liquidity restored
THE Central Bank of Sri Lanka yesterday signaled confidence that recent distortions in the foreign exchange market were unlikely to recur after measures taken late last week restored liquidity and trading activity in the interbank market.
5 min |
May 27, 2026
Daily FT
CBSL Chief signals economic resilience and stability priority
Says policy rate raised to protect stability, points to confidence in recovery; Anticipates economy to grow at lower band of 5% projection; Notes economy in far stronger position despite external shocks; 6% inflation forecast for near term; expects temporary rise before easing back to 5% range; Macro outlook revised on macro risks from evolving Mideast tensions
3 min |
May 27, 2026
Daily FT
IMF open to program adjustments amid shocks: CBSL
THE Central Bank Governor Dr. Nandalal Weerasinghe yesterday said the International Monetary Fund (IMF) program provides sufficient flexibility for Sri Lanka to make policy adjustments, including targeted subsidies and revisions to key performance targets, depending on evolving economic conditions.
2 min |
May 27, 2026
Daily FT
People's Bank achieves Rs. 16.6 b PBT in 1Q
Group assets rise to Rs. 4.2 t; Asset quality improves with Stage 3 ratio down to 7.2% and Stage 3 provision coverage up to 50%; Capital and liquidity strengthened via issuance of Rs. 20 b Tier 2 debenture, lifting CAR to 17.9% and maintaining Rupee LCR of 260%; Contribute Rs. 11.9 b in taxes and Rs. 300 m to Rebuild Sri Lanka initiative
3 min |
May 27, 2026
Daily FT
JKH's EBITDA tops Rs. 80 b mark with 75% growth
Says recent investments begin to contribute indicating JKH has crossed an inflection point of moving from capital deployment to cash generation Recurring PBT up 143% to Rs. 35.7 b; bottom line up 155% to Rs. 13 b Group revenue gain by 61% to Rs. 572 b Declares 10 cents final interim dividend per share doubling total to 30 cents in FY26 worth Rs. 4.42 b
3 min |
May 27, 2026
Daily FT
CBSL hikes policy rate by 100 bps to 8.75%
FOR the first time since March 2023, the Monetary Policy Board, at its meeting held on Monday, decided to increase the Overnight Policy Rate (OPR) by 100 bps to 8.75%.
1 min |
May 27, 2026
Daily FT
Customs distorting FX market with Rs. 351 exchange rate for import valuations
MAKING a volatile situation worse, Sri Lanka Customs has maintained the USD exchange rate used for import valuations at Rs. 351.17 for transactions between 25 and 29 May, according to a Customs circular seen by Daily FT, despite the rupee recovering in the interbank market since last Friday.
1 min |
May 27, 2026
Daily FT
Cabinet approves ‘‘Surakimu Lanka’’ mission to boost energy security and cut fuel import burden
SRI Lanka is set to roll out a countrywide energy efficiency and demand-management drive after the Cabinet of Ministers on Monday approved the launch of the ‘‘Surakimu Lanka’’ National Energy Security Mission, aimed at reducing vulnerability to global fuel shocks and improving the country’s long-term energy resilience.
1 min |
May 27, 2026
Daily FT
Tourist arrivals recover 8% YoY in first 24 days of May, YTD total nears 1 m
Arrivals during first 24 days reach 113,775 YTD visitors decline by 1.2% YoY to 990,032 India largest YTD source at 41%, followed by UK. Russia
1 min |
May 27, 2026
Daily FT
Rupee appreciates 7% against US dollar in three days
THE rupee strengthened against the US dollar for the third consecutive session yesterday.
1 min |
May 27, 2026
Daily FT
Lights out, growth out
How Sri Lanka's energy crisis is costing the nation its economic future
10+ min |
May 27, 2026
Daily FT
Knicks reach NBA Finals for first time in 27 years
THE New York Knicks reached the NBA Finals for the first time in 27 years with a commanding 130-93 win over the Cleveland Cavaliers.
1 min |
May 27, 2026
Daily FT
Fantastic start by Mithun at Sri Lanka Open Golf Championship
SRI Lanka’s leading professional golfer, Mithun Perera, produced a superb opening round of five-under-par 66 to seize the early lead at the Sri Lanka Open Golf Championship 2026, which commenced at the Royal Colombo Golf Club (RCGC) yesterday.
1 min |
May 27, 2026
Daily FT
ADRA Ceylon celebrates decade of global leadership
ADRA Ceylon, an entity within the Pink Eagle Group, marks its 10th anniversary, celebrating a decade of remarkable transformation from a local venture into a globally recognised leader in premium Ceylon tea export.
3 min |
May 27, 2026
Daily FT
Is Sri Lanka stalling its own digital future?
\"HANDCUFFING THE DIGITAL REVOLUTION\" A GLOBAL TECH STAND-OFF
5 min |
May 27, 2026
Daily FT
The Future of Electric Vehicles in South Asia
THE automotive industry across South Asia is experiencing one of the biggest transformations in its history as electric vehicles (EVs) become increasingly popular among consumers, governments, and businesses.
3 min |
May 27, 2026
Daily FT
Porsche sells 45% stake in iconic JV Bugatti Rimac
BLUEFIVE Capital, a global investment platform based in Abu Dhabi, has announced that a consortium led by New York-based investment group HOF Capital has entered into a deal with luxury auto brand Porsche to acquire its entire stake in Bugatti Rimac, a joint venture set up in 2021 to serve as home to the iconic Bugatti brand.
1 min |
May 27, 2026
Daily FT
Beyond software: How MiHCM is redefining HR transformation
Implementing HR software is the starting point, not the destination. For organisations serious about workforce transformation, the harder work of aligning strategy, redesigning processes, managing change, and embedding new ways of working is what determines whether technology delivers its promise. MiHCM has built its reputation on understanding that distinction. In this interview, MiHCM CEO for Sri Lanka and Maldives Pubudini Abeyesekera explains how the company is expanding its role from technology provider to end-to-end transformation partner.
9 min |
May 27, 2026
Daily FT
How Technology is Transforming the Global Automotive Industry
THE automotive industry has always been closely linked with innovation.
4 min |
May 27, 2026
Daily FT
Beyond revenue: the power of the Taxpayer Charter
IN every country, taxation is more than a legal requirement. It is a social contract. Citizens contribute a portion of their income to fund public services, and in return, the State has a responsibility to treat taxpayers fairly, transparently, and respectfully.
3 min |
May 27, 2026
Daily FT
Range Rover Now Has A Boutique Residency In Colombo
New Boutique Residency in Sri Lanka exclusively dedicated to Range Rover brand Strategically located in Colombo at ITC Ratnadipa Colombo One Workplaces Marks a milestone in Range Rover's brand strategy and luxury client engagement
1 min |
May 27, 2026
Daily FT
Vehicle Manufacturing Materials and Modern Supply Chain Challenges
THE global automotive industry is one of the largest and most complex manufacturing sectors in the world.
5 min |