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Daily FT

CH17 to revive conventional over-the-counter air ticket issuance

Proposes to introduce 'Ticket Miles' - a loyalty program to encourage walk-ins to travel agents

2 min  |

June 11, 2025

Daily FT

Amana Takaful General and Seylan Bank forge game-changing bancassurance alliance

IN a significant move to reshape the landscape of insurance accessibility in Sri Lanka, Amana Takaful General PLC, one of the nation’s fastest-growing insurance providers, has entered into a strategic bancassurance agreement with Seylan Bank PLC, a trusted name among Sri Lankan banks.

1 min  |

June 11, 2025

Daily FT

Minnows kick League off to a flying start

ALTHOUGH thoroughly anticipated, the three Dark Horses viz. Kingswood, Ananda and Mahanama, still rattled and baffled the crème of the prime Division to surprise and captivate the attention and hearts of all the schools' rugby followers.

6 min  |

June 11, 2025
Daily FT

Daily FT

Advancing Sri Lanka's role in regional arbitration

THE Sri Lanka National Arbitration Centre (SLNAC) represented the nation at the prestigious SCO Arbitration Forum recently, hosted by the China International Economic and Trade Arbitration Commission (CIETAC).

2 min  |

June 11, 2025
Daily FT

Daily FT

Bad weather forces TC to hold quarter-final round for first time

Matches to commence at 2 p.m. instead of morning Two quarter-final matches today

2 min  |

June 11, 2025
Daily FT

Daily FT

Institutions and development

WHY are some countries rich and others poor? An age-old question in economics, with numerous hypotheses suggested as answers. It is clear that being richly endowed with natural resources is not a reliable indicator; D.R. Congo lies atop substantial mineral wealth, yet its people are among the poorest in the world. Conversely, Japan is noted for lacking natural resources and ranks among the highest income per capita countries in the world. Culture is another non-starter; North and South Korea share the same language and heritage, yet at present one country is economically impoverished and the other is an economic superpower.

6 min  |

June 11, 2025
Daily FT

Daily FT

Radisson Hotel Kandy celebrates second year of global sustainability recognition

RADISSON Hotel Kandy has announced its successful completion of the Hotel Sustainability Basics audit for the second consecutive year, reaffirming its steadfast commitment to sustainability and responsible hospitality.

2 min  |

June 11, 2025
Daily FT

Daily FT

AKD off to Germany tomorrow

PRESIDENT Anura Kumara Disanayake will undertake an official visit to the Federal Republic of Germany from 11 to 13 June on the invitation of the German President Frank-Walter Steinmeier.

1 min  |

June 10, 2025
Daily FT

Daily FT

DFCC Bank secures $ 12 m to expand green financing in Sri Lanka

DFCC Bank has supported businesses that aim to grow while minimising their environmental impact for years.

1 min  |

June 10, 2025
Daily FT

Daily FT

Colombo stock market further sustains all-time high level

THE Colombo stock market opened the week on a bullish sentiment yesterday, further sustaining an all-time high level.

2 min  |

June 10, 2025
Daily FT

Daily FT

Thriller at Reid Avenue: ONHC stun RCHC – A in Andriesz Shield opener despite Pakistani star power

IF Sunday night’s electric clash at the Colombo International Hockey Arena is any indication, the 2025 Andriesz Shield will be a season unlike any other.

2 min  |

June 10, 2025
Daily FT

Daily FT

Singapore-flagged container ship catches fire off Kerala coast, four crew members missing

THE Singapore-flagged ship MV Wan Hai 503 yesterday caught fire 78 nautical miles away from the Beypore coast in Kerala.

2 min  |

June 10, 2025
Daily FT

Daily FT

SSC eat humble pie as Malay CC win Tier B T20 final

IT was a red-letter day for Malay CC as they humbled the mighty SSC by six wickets to win the SLC Tier B T20 final played at the Colts grounds yesterday.

3 min  |

June 10, 2025
Daily FT

Daily FT

Sri Lanka welcomes over 21,000 tourists in early June

SRI Lanka has welcomed 21,293 tourists in the first five days of June 2025, pushing the cumulative number of visitors to over the 1.05 million mark.

1 min  |

June 10, 2025
Daily FT

Daily FT

Human development progress slows to 35-year low: UN Development Programme report

HUMAN development progress is experiencing an unprecedented slowdown according to a new report released recently by the United Nations Development Programme (UNDP).

3 min  |

June 10, 2025
Daily FT

Daily FT

BASL FR petition: Groundswell initiative for creation of zero tolerance ragging culture

THE Bar Association of Sri Lanka (BASL) should receive the nation encomia for filing a fundamental rights petition under case No. SC/FR/101/2025 to the Supreme Court (SC) with a view to eradicating the ragging menace from Sri Lankan universities. It is a timely initiative at a time when all the stakeholders display a sense of passivity and ignorance in agape and abdicated their responsibilities.

10+ min  |

June 10, 2025
Daily FT

Daily FT

Visa reaffirms long-term commitment to Sri Lanka with tourism and digital transformation push

VISA, the global payments leader, yesterday reaffirmed its long-term commitment to Sri Lanka's economic development and tourism growth, hosting its Asia Pacific Leadership Summit in Colombo.

2 min  |

June 10, 2025

Daily FT

Economic sentiment flickers – survey

PIONEERING business magazine LMD has reported in its June issue: “The tide appears to have shifted again with businesspeople turning more optimistic.”

1 min  |

June 10, 2025
Daily FT

Daily FT

Remembering Dr. Shahul H.M. Nilar: Scientist of eminence

DR. Shahul Nilar, a renowned scientist in the fields of Quantum Chemistry and Computational Drug Design, passed away peacefully on 31 May 2025, while visiting family in Malaysia.

2 min  |

June 10, 2025
Daily FT

Daily FT

Let's empower renewable energy in Sri Lanka: Academics speak up

AS a patriotic layperson, I feel compelled to bring to the attention of the nation and our policymakers a critical discussion hosted online by a panel of highly distinguished academics and experts in the field of renewable energy.

1 min  |

June 10, 2025

Daily FT

Cabinet decides to send Prisons Commissioner General on compulsory leave

THE Cabinet of Ministers at its meeting held yesterday decided to send Prisons Commissioner General Thushara Upuldeniya on compulsory leave.

1 min  |

June 10, 2025
Daily FT

Daily FT

Kelani Shakthi 10th Anniversary celebrations to be held at University of Jaffna

A well-known and unique CSR program titled 'Kelani Shakthi, conducted in the Jaffna peninsula, will celebrate its 10th anniversary on 12 June under the patronage of Vice Chancellor and Senior Professor S. Srisathkunaraja; Faculty of Engineering Dean Dr. A. Kaneswaran, Faculty of Engineering Department of Electrical and Electronic Engineering Head Professor T. Thiruvaran, Kelani Cables PLC AGM Ralph Rajasundaram, AGM Dr. Suranga Pathirana, Brand Development Assistant Manager Kassapa Yatawatte, Kelani Saviya and Kelani Shakthi CSR Co-Founder and Coordinator Jayantha Wijesinghe, and Kelani Saviya Alumni Association President G.D.K. Samaranayake.

1 min  |

June 10, 2025

Daily FT

Sri Lanka Insurance Life continues its legacy of empowering education through 'Pasal Piriyatha Surakimu' CSR program

SRI Lanka Insurance Life (SLIC Life), Sri Lanka's leading life insurer, continues to demonstrate its steadfast commitment to uplifting the nation's children through the long-standing 'Pasal Piriyatha Surakimu' Corporate Social Responsibility (CSR) initiative. Going above and beyond the call of duty, SLIC Life has been at the forefront of creating better learning environments for underprivileged children across the country since the program's inception in 2007.

1 min  |

June 10, 2025
Daily FT

Daily FT

Second capacity-building program under NCGG-SLIDA MoU concludes successfully

THE second customised training program for Sri Lankan civil service officers under the Memorandum of Understanding (MoU) between the National Centre for Good Governance (NCGG) and the Sri Lanka Institute of Development Administration (SLIDA) was successfully conducted from 26 May to 6 June.

1 min  |

June 10, 2025

Daily FT

Establish in-house CIABOC units to clean Augean stables of public institutions

THE recent raid conducted by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) at the Department of Motor Traffic (DMT) unearthed Rs. 4.1 million in cash from the office of a Deputy Commissioner.

1 min  |

June 10, 2025

Daily FT

Love is not a crime

AS countries and communities across the globe raise the rainbow flag in celebration of Pride Month, Sri Lanka stands out, not for its progress, but for its painful inertia.

2 min  |

June 10, 2025

Daily FT

Colombo...

The ASPI surged at the open, dipped through midsession, then rebounded with steady gains to close in the green.

3 min  |

June 10, 2025
Daily FT

Daily FT

Sri Lankan-American Dr. Sritharan leads institutional- grade Al platform for portfolio optimisation

QUANTSAFE emerges at the intersection of control theory, artificial intelligence, and responsible investment, as Wall Street Fintech AI Inc. advances its mission to bring scientific scientific rigour to institutional portfolio optimisation.

2 min  |

June 10, 2025

Daily FT

Sri Lanka-Maldives Business Council conducts CSR initiative in Maldives

THE Sri Lanka-Maldives Business Council (SLMLBC) of The Ceylon Chamber of Commerce recently completed a Corporate Social Responsibility initiative on Faresmaathoda Island, a remote fishing community 465 km from Male.

1 min  |

June 10, 2025
Daily FT

Daily FT

Fifth Bay of Bengal Maritime Dialogue, co-hosted by Pathfinder Foundation with Centre for Humanitarian Dialogue of Switzerland held in Colombo

RANIL Wickremesinghe, the former President of Sri Lanka, was the Chief Guest at the Fifth Bay of Bengal Maritime Dialogue, co-hosted by the Pathfinder Foundation and the Centre for Humanitarian Dialogues of Switzerland.

2 min  |

June 10, 2025