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Daily FT

Daily FT

Organisation of Professional Associations of Sri Lanka: Tower of strength

CELEBRATING a Golden Jubilee marks a remarkable milestone in the journey of any organisation. It is with great pride, honour, and a deep sense of responsibility that I step into the role of President of the Organisation of Professional Associations of Sri Lanka (OPA) during this historic year.

7 min  |

June 03, 2025
Daily FT

Daily FT

Old Kingswoodians clinch Cup title at Eagles' Rugby Sevens 2025

OLD Kingswoodians beat Old Peterites to secure the Cup championship win at the Eagles Rugby Sevens 2025 which was worked off at the Havelock Park last weekend in front of an appreciative crowd.

1 min  |

June 03, 2025
Daily FT

Daily FT

Child safety requires full protection of all child rights

A rights-centric school is not simply one that teaches about rights—it lives them years. They are not neutral spaces—they shape not only knowledge but identity, agency, values, and world-views. That's why schools must go beyond simply delivering the curriculum or ensuring enrolment. They must become rights-upholding institutions, where every aspect of schooling is informed by the dignity, agency, and evolving capacities of the child.

4 min  |

June 03, 2025
Daily FT

Daily FT

2025 Women's Emerging Asia Cup in Sri Lanka postponed

Adverse weather conditions and health conditions stated as reasons

1 min  |

June 03, 2025
Daily FT

Daily FT

NEXT Ventures opens Colombo hub in strategic global expansion move

Establishes specialised teams in customer support, global payroll, technical assistance, and R&D to power 24/7 global fintech services

1 min  |

June 03, 2025

Daily FT

PickMe delivers Rs. 1.17 b net profit in first full year post-IPO

■ Achieves 54% Return on Equity ■ Gross Transaction Value up 47% to Rs. 57 b ■ Expands operations to five new regions: Jaffna, Ratnapura, Nuwara Eliya, Puttalam, and Anuradhapura; Regional trips now make up 19% of total volume ■ Invests over Rs. 1 b in technology and intellectual property

3 min  |

June 02, 2025
Daily FT

Daily FT

Trade deficit nearly doubles MoM to $ 717 m in April

THE trade deficit in April had nearly doubled as against March due to higher imports and slower growth in exports.

1 min  |

June 02, 2025
Daily FT

Daily FT

Human rights of data subjects: Does Personal Data Protection Act safeguard digital privacy?

ON 1 April 2025, Twitter/X user Dinidu de Alwis posted a thread on what he labelled “Sri Lanka’s biggest cybersecurity incident”.

9 min  |

June 02, 2025

Daily FT

Nearly 10,000 people affected as Southwest Monsoon brings heavy rains

THE Disaster Management Centre (DMC) yesterday reported that a total of 9,975 individuals from 2,641 families have been affected by the adverse weather conditions currently gripping the island.

1 min  |

June 02, 2025

Daily FT

Secondary Bond market rallies; Yields drop

■Money market liquidity increases; crosses Rs. 200 b mark ■Foreign buying continues for a second consecutive week ■Primary T-bill and bond market produces inspiring outcomes; Demand spills over to second phases ■Rupee see-saws; Closes down marginally

3 min  |

June 02, 2025

Daily FT

Maris Panorama 2025 on 6 June to spotlight strategic priorities for Sri Lanka's digital economy

THE Old Boys' Association (OBA) of Maris Stella College, Negombo, has announced the upcoming edition of its flagship annual College Day oration and panel discussion, Maris Panorama 2025, scheduled to take place on 6 June, from 5:30 p.m. to 7:30 p.m. at Hotel Grandeeza, Negombo.

2 min  |

June 02, 2025
Daily FT

Daily FT

Private sector reaffirms commitment to strengthen trade ties with China

THE Ceylon Chamber of Commerce Vice Chairman Krishan Balendra last Friday reaffirmed the private sector’s readiness to pursue tangible investment and trade partnerships with their Chinese counterparts.

2 min  |

June 02, 2025

Daily FT

CCPI in May 2025 indicates continued easing of deflationary conditions

THE easing of deflationary conditions continued in May 2025, in line with the Central Bank of Sri Lanka's (CBSL) near-term projections.

1 min  |

June 02, 2025

Daily FT

Aitken Spence reports healthy financial results

Achieves EBITDA of Rs. 25.4 b in FY25 reflecting resilient growth

3 min  |

June 02, 2025

Daily FT

Nestor Stock Brokers appoints new MD and CEO

NESTOR Stock Brokers Ltd., which is a trading member of the Colombo Stock Exchange (CSE), has appointed Nandun Jayatillake as the Managing Director and Vathsala Sathiyakeerthi as the CEO.

1 min  |

June 02, 2025
Daily FT

Daily FT

UK Trade Envoy visits MAS Holdings to strengthen bilateral ties

UK Trade Envoy to Sri Lanka Lord John Hannett of Everton last week visited MAS Holdings' Silueta facility in Biyagama.

1 min  |

June 02, 2025
Daily FT

Daily FT

Malaka Dewapriya's 'The Undecided': Tragedy of a generation floating on the surface

SRI Lankan film maker and visual artist, Malaka Dewapriya's movie, reported to have been completed some seven plus years ago, 'The Undecided', was screened for a selected audience in Colombo last week.

8 min  |

June 02, 2025

Daily FT

ILM Shipping to strengthen HIPG's gatehouse operations

ILM Shipping has formally entered into a strategic partnership with Hambantota International Port Group (HIPG) to provide customer service support through a newly established team of Sri Lankan professionals. This initiative is designed to streamline the release of imported vehicles, in compliance with HIPG's strict operational standards.

1 min  |

June 02, 2025

Daily FT

Akbar Brothers wins MFA Futsal Football Tournament

AKBAR Brothers emerged as the new Cup Championship winner, as they beat HNB Assurance in a tense final at the fifth Mercantile Football Association (MFA) five-a-side Futsal Football Tournament 2025, concluded at the Club Fusion Indoor Sports Arena, Boralesgamuwa, which saw 31 teams competing.

1 min  |

June 02, 2025

Daily FT

KFC introduces exclusive discounts for TMC members across all outlets

IN a move to offer added value to its members, TMC has negotiated with KFC Sri Lanka to offer an exclusive discount OF 15% for members of The Management Club (TMC) at all its outlets nationwide.

1 min  |

June 02, 2025

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