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Daily FT

National Credit Guarantee Institution debuts today to boost small business growth

IN a landmark move aimed at revitalising Sri Lanka’s micro, small, and medium enterprise (MSME) sector, the Government will officially launch the National Credit Guarantee Institution Ltd., (NCGIL) today (2).

1 min  |

June 02, 2025

Daily FT

Swift justice for corruption

THE recent sentencing of former Cabinet Ministers Mahindananda Aluthgamage and Nalin Fernando to 20 and 25 years of rigorous imprisonment respectively marks an important milestone in the often-disheartening fight against high-level corruption.

2 min  |

June 02, 2025
Daily FT

Daily FT

President visits Build SL Housing and Construction International Expo 2025

PRESIDENT Anura Kumara Disanayake last Saturday paid a visit to the 20th 'Build SL Housing and Construction International Exhibition,' organised by the Chamber of Construction Industry of Sri Lanka (CCI).

1 min  |

June 02, 2025

Daily FT

Cyberattacks, WhatsApp hacks, and reimbursements – Part II

THIS is a follow-up article to that which was published last week. Hence, I have added the words Part II.

9 min  |

June 02, 2025

Daily FT

Scanwell Colombo to host Global Conference 2025 this week

Event a milestone moment in Sri Lanka's logistics journey

2 min  |

June 02, 2025
Daily FT

Daily FT

System failure at the Ports: Outdated Customs algorithm causes massive delays, costing billions

Immediate reforms critical to keep economy ticking

2 min  |

June 02, 2025
Daily FT

Daily FT

Port City Colombo commemorates tenant handover of Business Centre

PORT City Colombo last Friday commemorated the formal handover of office space to key anchor tenants with a special ceremony.

2 min  |

June 02, 2025

Daily FT

Savin Edirisinghe wins coveted 32nd Gratiaen Prize for "Kata Katha: Gossip, Rumours, and Idle Talk"

THE Gratiaen Trust, in partnership with John Keells Foundation, last Saturday announced the winners of the 32nd Gratiaen Prize for English creative writing and the H.A.I. Goonetileke (HAIG) Prize for Literary Translation.

3 min  |

June 02, 2025
Daily FT

Daily FT

Unifeeder Group CEO calls on SLPA Chairman

UNIFEEDER Group CEO and DP World Global COO Marine Division Ganesh Raj Jayaraman paid a courtesy call on the Sri Lanka Ports Authority Chairman Admiral Sirimewan Ranasinghe recently.

1 min  |

June 02, 2025
Daily FT

Daily FT

European Union high- level delegation visits SL

POLAND’S Foreign Minister Radostaw Sikorski visited Sri Lanka on 28-31 May on behalf of the European Union’s High Representative for Foreign Affairs and Security Policy Kaja Kallas.

1 min  |

June 02, 2025
Daily FT

Daily FT

Corporates shine at NCQP 2025 with innovative solutions

THE National Convention on Quality and Productivity (NCQP) 2025, a flagship initiative of the Sri Lanka Association for the Advancement of Quality and Productivity (SLAAQP), was held with resounding success on 21 and 22 May at the Mount Lavinia Hotel.

2 min  |

June 02, 2025

Daily FT

New-look PSG make history with first European Champions League win

PSG Coach Luis Enrique wept tears of joy and emotion as Paris Saint-Germain (PSG) delivered the performance of a lifetime to win the Champions League for the first time on a remarkable night in Munich.

2 min  |

June 02, 2025

Daily FT

The Management Club Colombo updates on Host Hotel

THE Management Club (TMC) Colombo’s Host Hotel, previously the Galadari Hotel, has been undergoing extensive renovation and refurbishment.

1 min  |

June 02, 2025
Daily FT

Daily FT

Kotmale aims to enhance leadership in dairy industry with new brand campaign

■ Annually sources 68 m litres paying Rs. 13.2 b to 17,000 dairy farmers, majority of whom are small scale level ■ New brand campaign titled \"Nourishing Our Nation\" reinforces Kotmale's commitment to consumers, farmers and environment

2 min  |

June 02, 2025
Daily FT

Daily FT

SLC takes steps to improve umpiring in domestic cricket

■Standards have deteriorated says Umpires Committee Chairman

2 min  |

June 02, 2025

Daily FT

Sri Lanka Padel League kicks off on 20 June

THE inaugural Spa Ceylon Sri Lanka Padel League (SLPL) reached a thrilling milestone with its first-ever Player Draft and Auction held last week at The Vault, Colombo City Centre.

2 min  |

June 02, 2025

Daily FT

Omega Line: A Global Force in Apparel Manufacturing

Omega Line finds it origins in the Calzedonia Group, a relatively young enterprise, established in Verona, Italy in the late ‘80s. Sourcing its garments from Eastern European manufacturers at the time, producing only hosiery and socks in Italy and Croatia, after evaluating several other countries Calzedonia selected Sri Lanka as the first country to produce its’ own line of women’s lingerie. As a result, Omega Line was founded in 1999 and built its first factory at Sandalankawa in the North-Western province of Sri Lanka, as a subsidiary of Calzedonia Finanziaria, Luxembourg with Dott. Sandro Veronesi, at its helm.

4 min  |

June 02, 2025

Daily FT

Art from Sri Lanka at the 58th Venice Biennale

Contemporary artist Anoma Wijewardene holds the distinction of being the first Sri Lankan solo artist to exhibit at the prestigious Venice Biennale in 2019.

6 min  |

June 02, 2025
Daily FT

Daily FT

Korean Ambassador explores investment opportunities at Hambantota International Port

THE Ambassador for the Republic of Korea in Sri Lanka Miyon Lee visited the Hambantota International Port (HIP), in late May, to explore potential business collaborations and assess the port’s

1 min  |

June 02, 2025

Daily FT

CAL marks key milestone with CSE listing

THE shares of Capital Alliance Holdings Ltd. (CAL) commenced trading on the Colombo Stock Exchange (CSE) last Friday.

1 min  |

June 02, 2025
Daily FT

Daily FT

Eminent soil scientist Rattan Lal appointed Global Ambassador of regenagri

EMINENT soil scientist Rattan Lal has been appointed the Global Ambassador of regenagri, the world’s foremost regenerative agriculture standard.

2 min  |

June 02, 2025

Daily FT

SriLankan Engineering achieves CAAT certification to provide MRO services for Thai carriers

SRILANKAN Engineering, the Maintenance, Repair and Overhaul (MRO) division of SriLankan Airlines, has been certified by the Civil Aviation Authority of Thailand (CAAT) as a Foreign Repair Station and Approved Maintenance Organisation (AMO).

1 min  |

June 02, 2025
Daily FT

Daily FT

Embassy of Sri Lanka in the Netherlands promotes Ceylon Spices

THE Embassy of Sri Lanka in the Netherlands together with the Export Development Board (EDB) of Sri Lanka organised “SpiceConnect: Sri Lanka - Netherlands Spice Dialogue & Exhibition” on 21 May at the Embassy premises, in hybrid format.

1 min  |

June 02, 2025
Daily FT

Daily FT

SDB bank demonstrates resilience and strategic progress in 1Q

SDB bank has reported a resilient performance in the first quarter of 2025, underscoring the bank's commitment to steady progress, stakeholder value, and long-term sustainability.

2 min  |

June 02, 2025
Daily FT

Daily FT

RCGC wins Eagles' Quadrangle Cup Golf Championship

THE Eagles' Quadrangle Cup Golf Championship 2025, organised by the Sri Lanka Air Force, concluded in grand style when Royal Colombo Golf Club (RCGC) became champions at the China Bay golf course.

1 min  |

June 02, 2025
Daily FT

Daily FT

EFL powers up Northern islands with $ 11 m solar hybrid project backed by India

IN a groundbreaking milestone for renewable energy in Sri Lanka, Expo Lanka Freight Ltd. (EFL) - Project Division has successfully completed the first critical delivery phase of a transformative $ 11 million Solar Hybrid Energy Project for three remote islands off the Jaffna Peninsula, in collaboration with U Solar India and with generous assistance from the Government of India.

2 min  |

June 02, 2025
Daily FT

Daily FT

Sunshine Holdings delivers steady FY25 results with 7% top-line growth

DIVERSIFIED Sri Lankan conglomerate Sunshine Holdings PLC has recorded resilient revenue growth during the year ended 31 March 2025 (FY25), amidst macroeconomic headwinds and evolving consumer dynamics.

3 min  |

June 02, 2025
Daily FT

Daily FT

IASL appoints new Office Bearers for 2025/26

THE Insurance Association of Sri Lanka (IASL), the official representative body of the country's insurance industry, has appointed its Office Bearers for the 2025/26 term.

1 min  |

June 02, 2025
Daily FT

Daily FT

CDB achieves historic performance in FY25

■Profit after tax up 59% at Rs. 4 b ■Profit before taxes at Rs. 7.9 b ■Revenue surpasses Rs. 25 b ■Contribution to State coffers at Rs. 3.9 b ■Total assets up 22% to Rs. 156 b; loan book up 29% to Rs. 110 b

2 min  |

June 02, 2025

Daily FT

Gearing up to enhance responsiveness for search and rescue eventualities in SL airspace

Key decisions made at National Aeronautical Search and Rescue Committee Meeting - 2025

2 min  |

June 02, 2025