Newspaper
Daily FT
Cabinet...
“The project, which had previously seen acquisition activities suspended, will now move forward with the payment of remaining compensation for plots of land already acquired,” Cabinet Spokesman and Minister Dr. Nalinda Jayatissa said at the weekly post-Cabinet meeting media briefing yesterday.
1 min |
June 12, 2025
Daily FT
Transforming climate resilience through collaborative action
SLYCAN Trust presents draft MAP guidelines to key stakeholders in Sri Lanka
3 min |
June 12, 2025
Daily FT
Powering reform: Why electricity tariffs must be rewired for Sri Lanka's future
SRI Lanka's electricity tariffs have never made much economic sense as they're full of distortions, cross-subsidies and based on outdated assumptions. This is why the Advocata Institute recently made a formal submission to the Public Utilities Commission of Sri Lanka (PUCSL), proposing a complete overhaul of the way electricity is priced. The goal isn’t just to balance the books. It’s to improve transparency and efficiency of the system.
4 min |
June 12, 2025
Daily FT
Sony appoints Lakshitha Karunaratna as Regional Ambassador for Wildlife Photography
SONY, in collaboration with CameraLK, the leading camera retail giant in Sri Lanka, officially announced the appointment of renowned Sri Lankan wildlife photographer Lakshitha Karunaratna as the Sony Regional Ambassador for Wildlife Photography, making him the first Sri Lankan to be selected for this prestigious role.
2 min |
June 12, 2025
Daily FT
LOFC announces mega Rs. 21 b share buy-back offer
THE LOLC Finance PLC (LOFC) Board of Directors in order to optimise its shareholder value while maintaining the company's financial stability, has resolved to repurchase 3,519,065,138 shares at Rs. 6 each in a deal worth Rs. 21.1 billion.
1 min |
June 12, 2025
Daily FT
Ciputra Junior Masters Golf 2025: Reshan tied at number 8
RESHAN Algama had a fantastic day of golf improving his position from 16th tied on Day 1 to end tied on number 8 out of 69 golfers end of Day 2 at the Ciputra Junior Masters Golf which was worked off in Jakarta, Indonesia yesterday.
1 min |
June 12, 2025
Daily FT
BASL writes to AKD expressing concern over alleged irregular grant of Presidential Pardon
THE Bar Association of Sri Lanka (BASL) has written to President Anura Kumara Disanayake expressing its serious concern regarding recent reports of an inmate allegedly released from Anuradhapura Prison under the guise of a Presidential Pardon, without having followed proper legal process.
1 min |
June 12, 2025
Daily FT
Decisive leadership needed to ensure changing minority political representation does not hinder claims for rights and justice in Sri Lanka
■New report by Oxford Brookes University's Centre for Development and Emergency Practice (CENDEP) and Minority Rights Group (MRG) comes with key recommendations
3 min |
June 12, 2025
Daily FT
Sarvodaya Development Finance honours top performers at 'Achievers' Night 2025'
IN a powerful demonstration of its values-driven culture and people-first philosophy, Sarvodaya Development Finance PLC (SDF) hosted its prestigious annual staff awards ceremony, 'Achievers' Night 2025' recently at the Monarch Imperial, Colombo, celebrating the exceptional contributions of its employees from across the island.
1 min |
June 12, 2025
Daily FT
JAT Golf Classic to debut at RCGC on 20-21 June
JAT Holdings PLC, a market leader in the home finishing and furnishing industries, has announced the inaugural 'JAT Golf Classic', scheduled for 20 and 21 June at the Royal Colombo Golf Club (RCGC).
1 min |
June 12, 2025
Daily FT
Making digital economy a reality this time
Unless we make the digital services user-friendly, useful and attractive in terms of incentives, digitalisation investments will not give the country the expected returns
5 min |
June 12, 2025
Daily FT
Cabinet clears Rs. 500 m allocation for 16 new waste compactor trucks under 'Clean Sri Lanka' initiative
THE Cabinet of Ministers on Monday (9) approved purchasing 16 waste transport compactor trucks to formalise collection and transport of solid waste in selected Local Government bodies utilising an allocation of Rs. 500 million from the 2025 Budget under the 'Clean Sri Lanka' program.
1 min |
June 12, 2025
Daily FT
Sanjaya Kalidasa appointed to LOLC Holdings Board
FINANCIAL services expert Sanjaya Kalidasa has been appointed to the Board of LOLC Holdings PLC as a Non-Executive Director.
1 min |
June 12, 2025
Daily FT
Colombo Colts CC partners Lanka IOC
THE Colombo Colts Cricket Club, one of Sri Lanka’s most historic and respected cricket institutions has forged a strategic partnership with Lanka IOC PLC as the official sponsor for the forthcoming season - a significant step toward empowering the future of Sri Lankan cricket.
1 min |
June 12, 2025
Daily FT
Amana Bank relocates Ratnapura branch to more convenient customer location
AMANA Bank has relocated its Ratnapura branch to a more spacious and convenient customer location at No, 131-133, Main Street, Ratnapura, reaffirming the bank's ongoing commitment to provide better service and improved banking convenience for both existing and new customers in the area.
1 min |
June 12, 2025
Daily FT
Scientific illiteracy of the literate of ours: Time to address this was yesterday
WE live in a society shaped by the advances in science and technology.
6 min |
June 12, 2025
Daily FT
Anura’s crooked dance floor and why Harini is no answer
A sardonic Sinhala saying has it that \"when you can’t dance, you say the floor is crooked\". President Anura Kumara Dissanayake has found a crooked dance floor to blame for his misplaced, inadequate and downright bad policies. He calls it a 'shadow system':
10 min |
June 12, 2025
Daily FT
LB Finance champions coastal conservation in Colpetty for World Environment Day
REINFORCING its longstanding commitment to environmental sustainability, LB Finance PLC has launched a large-scale coastal conservation initiative along the Colpetty to Bambalapitiya shoreline in celebration of World Environment Day 2025.
1 min |
June 12, 2025
Daily FT
Defending champions NCC, CCC advance to semi-finals
Rain follows SLC Major Clubs T20 tournament
1 min |
June 12, 2025
Daily FT
Presidential pardon scandal adds to Govt. woes
THE Government is embroiled in another scandal, this time over the granting of a Presidential pardon to a man convicted of a financial crime, the fallout of which has seen Commissioner General of Prisons Thushara Upuldeniya remanded and a Criminal Investigation Department (CID) investigation under-way to ascertain how the man was released.
2 min |
June 12, 2025
Daily FT
Sri Lanka-Romania Business Forum signals strategic shift in bilateral trade
THE Sri Lanka-Romania Business Forum, held on 26 May in Bucharest, marked a significant step forward in economic diplomacy between the two countries.
2 min |
June 12, 2025
Daily FT
Cabinet approves draft legislation to promote Matara heritage and development
THE Cabinet of Ministers at their meeting on Monday approved drafting a new legislation aimed at conserving and developing Matara, a Southern town, rich in historical, cultural, and natural heritage.
1 min |
June 12, 2025
Daily FT
HOME LANDS SRI LANKA CRICKET AWARDS NIGHT Chamari Athapaththu sweeps board with 6 awards
SRI Lanka Women’s Team Captain Chamari Athapaththu swept the board with 6 awards at the annual Home Lands Sri Lanka Cricket Awards Night held at Cinnamon Lite on Monday night.
2 min |
June 11, 2025
Daily FT
DFCC Bank first foreign corporate to list bond on India's NSE International Exchange
DFCC Bank PLC has become the first foreign corporate entity to list a bond on the National Stock Exchange - International Exchange (NSE IX) at GIFT City, India — marking a significant milestone in Sri Lanka's capital markets and reinforcing DFCC Bank's position as a regional leader in sustainable finance.
2 min |
June 11, 2025
Daily FT
IMF's First Deputy MD to visit Sri Lanka
THE International Monetary Fund's First Deputy Managing Director (FDMD) Dr. Gita Gopinath is scheduled to visit Sri Lanka from 15 to 16 June 2025.
1 min |
June 11, 2025
Daily FT
Listed corporates earnings lose momentum
Combined earnings dropped 16% QoQ in March 2025 though 1Q2025/4QFY25 marked a 66% YoY growth
1 min |
June 11, 2025
Daily FT
Electricity Act amendments: Reversing reform
THE Government has published Amendments to the Electricity Act No. 30 of 2024, which they plan to approve in the month of June.
10+ min |
June 11, 2025
Daily FT
Over 3,000 Sri Lankans on ICE's “non-detained docket” facing removal from US
A significant number of Sri Lankan nationals residing illegally in the US are currently on the Immigration Customs Enforcement (ICE) agency’s non-detained docket with impending orders of removal.
2 min |
June 11, 2025
Daily FT
Proposed Electricity Act comes under fire via 7 petitions at SC
SEVEN petitions have been filed in the Supreme Court of Sri Lanka, challenging the constitutionality of the \"Sri Lanka Electricity (Amendment) A Bill to amend the Sri Lanka Electricity Act, No. 36 of 2024.\"
1 min |
June 11, 2025
Daily FT
World's largest carpet manufacturer, Shaw Industries and Alpha Industries form strategic alliance
Ground-breaking initiative to elevate commercial interiors in Sri Lanka
2 min |