Newspaper
Daily FT
British School win Plate at Ritzbury Tennis Tourney
YOUNG Sansa Jayawardene, daughter of former Sri Lanka Cricket Captain Mahela Jayawardene, produced a superb performance to help the British School in Colombo (BSC) secure victory at the Ritzbury Sri Lanka All-Island Inter-Schools Tennis Tournament played at the Queens' Club Courts in Colombo.
1 min |
May 31, 2025
Daily FT
RCB beat Kings to reach first IPL final since 2016
BBC: Royal Challengers Bengaluru are one match from a first Indian Premier League title after sealing a place in the final with an eight-wicket thrashing of Punjab Kings.
1 min |
May 31, 2025
Daily FT
System change through transformation of strategic vision to strategic planning
Good ideas fail automatically. In a competitive environment and with limited resources, political parties need robust strategies to maximise their chances to win. In every day’s working routines, there is often a high focus on action and reaction — and little to no direction due to an unclear or non-existent strategy - Strategic Planning for Political Parties Abstract, Friedrich Naumann Foundation (https://www freiheit.org/sites/default/files/2022-05/11_abstract_strategic-planning-2022.pdf)
6 min |
May 31, 2025
Daily FT
Sri Lanka and ADNOC explore long-term crude supply deal and joint petroleum investments
A high-level discussion between representatives of the Abu Dhabi National Oil Company (ADNOC) and a Sri Lankan delegation was held yesterday at the Presidential Secretariat, aiming to strengthen bilateral energy cooperation in the petroleum sector.
1 min |
May 31, 2025
Daily FT
Huang Zitao in Trincomalee takes Sri Lanka to Chinese screens in a new light
ON the afternoon of 28 May 2025, the Republic Building in Colombo played host to a high-profile media event that signalled not just a cross-cultural exchange, but a calculated stride in international image-making.
2 min |
May 31, 2025
Daily FT
Over 3,000 affected as Southwest Monsoon brings heavy rains and winds across Sri Lanka
THE Disaster Management Centre (DMC) yesterday reported that a total of 3,345 individuals from 887 families have been affected by the adverse weather conditions currently gripping the island.
1 min |
May 31, 2025
Daily FT
Chinese Commerce Minister informs AKD of growing investor interest on Sri Lanka
THE visiting China's Commerce Minister Wang Wentao met with President Anura Kumara Disanayake and expressed growing interest in Sri Lanka by investors considering the current political and economic stability along with the clear policy direction in the country.
1 min |
May 30, 2025
Daily FT
Cargills reports strong FY25 performance; 22.5% increase in Profit After Tax
CARGILLS (Ceylon) PLC, one of Sri Lanka’s leading consumer companies, yesterday reported a strong financial performance for the financial year ending 31 March 2025, supported by volume-led growth across its key business segmentsRetail, FMCG, and Restaurants.
2 min |
May 30, 2025
Daily FT
Ambeon enters mineral sand biz in East with UK-listed firm
Invests Rs. 600 m initially to take up 14% stake in project company
1 min |
May 30, 2025
Daily FT
People's Bank achieves consolidated pre-tax profit of Rs. 17.7 b in 1Q
PEOPLE'S Bank yesterday announced its results for the period ended 31 March 2025, reporting a total consolidated operating income of Rs. 45.1 billion and post-tax profit of Rs. 11 billion, reflecting a growth of 120.8% and 347.2%, respectively.
3 min |
May 30, 2025
Daily FT
Colombo stock market remains bullish with high turnover
THE Colombo stock market gathered further momentum yesterday with high turnover and relatively higher gain in indices in tandem with bullish investor sentiment.
2 min |
May 30, 2025
Daily FT
Shangri-La invites guests to 'Eat, Play, Love' in Sri Lanka this summer
An invitation to experience the island's soul— one dish, one discovery, one deep breath at a time
2 min |
May 30, 2025
Daily FT
Corrupt Carrom shot sends top duo to jail
Mahindananda gets 20 years, Nalin Fernando 25 over Rs. 53 m financial fraud linked to import of Carrom boards and chequerboards for distribution to sports clubs during 2015 Presidential Election
1 min |
May 30, 2025
Daily FT
Group leaders SSC, Ragama CC make merry under the sun
Avishka Fernando hits 16 sixes in 118* off 38 balls SLC Tier 'B'T20 Tournament
3 min |
May 30, 2025
Daily FT
Woods' son Charlie wins junior event in Florida
CHARLIE Woods has won his first American Junior Golf Association (AJGA) event to follow in father Tiger's footsteps.
1 min |
May 30, 2025
Daily FT
ACE Apparel leads way in sustainability with 'OEKO-TEX Organic Cotton' certification
ACE Apparel Ltd., Koggala (a subsidiary of Aitken Spence PLC), has become the first and only company in Sri Lanka to receive the prestigious OEKO-TEX Organic Cotton certification for its products.
1 min |
May 30, 2025
Daily FT
President meets District Coordination Committee Chiefs
Gathers proposals for Budget 2026; Allocations to prioritise basic and urgent public needs
1 min |
May 30, 2025
Daily FT
PickMe firm floats ESOP
PICKME Owner Digital Mobility Solutions Lanka PLC has announced an Employee Share Option Scheme (ESOP).
1 min |
May 30, 2025
Daily FT
Priority trade and competitiveness reforms for Sri Lanka – Part 2
A recent Policy Note published by the Centre for a Smart Future (CSF) outlined right (8) priority trade and competitiveness reforms for Sri Lanka, in responding to global economic challenges.
5 min |
May 30, 2025
Daily FT
Chalitha and Reshan to represent at Nepal Amateur Golf
NEPAL Amateur Open 2025 will be played at the Gokarna Forest Golf Resort from 3 to 5 June.
1 min |
May 30, 2025
Daily FT
Siam House celebrates 32 years as pioneer of authentic Thai cuisine
SIAM House, a trailblazer in authentic Thai dining, marks its 32nd anniversary-celebrating over three decades of bringing the rich flavours of Thailand to both local patrons and international visitors.
1 min |
May 30, 2025
Daily FT
Shaping young minds: Tips for selecting schools in Sri Lanka
ONE of the most significant decisions facing parents in these months—and indeed with regularity—is choosing the right school for their child. Education plays a pivotal role in shaping your child beyond academics; it is also about their character, their skills, and their confidence. As such, it is essential to evaluate schools thoroughly based on various factors that contribute to a safe, nurturing, and effective learning environment.
3 min |
May 30, 2025
Daily FT
We are witnessing a consumer-led transformation of how tobacco and nicotine is consumed
TECHNOLOGY is reshaping many aspects of society. This includes how people choose to consume tobacco and nicotine. Thanks to innovation, adult smokers, who would otherwise continue to smoke, can continue to use nicotine without the burning of tobacco, significantly reducing their exposure to harmful chemicals.
3 min |
May 30, 2025
Daily FT
Sips, scones and society: Colombo's most stylish High Tea lands at Gatz, Cinnamon Life
IF \"The Great Gatsby\" had a fabulous younger cousin living it up in the 2020s, they'd definitely be hanging out at Gatz Cinnamon Life's speakeasy-inspired lounge where vintage glamour meets modern-day charm.
1 min |
May 30, 2025
Daily FT
NPP Government blunders
The Government has lost its popularity in just six months, mostly due to lack of effective action on election promises
5 min |
May 30, 2025
Daily FT
An invitation to experience the island's soul one dish, one discovery, one deep breath at a time
THIS summer, Shangri-La Hotels in Sri Lanka unveil a bold and evocative invitation to travellers around the world: 'Eat, Play, Love' — an immersive campaign that redefines what it means to travel well. Whether one is chasing sunsets, uncovering hidden culinary secrets, or simply indulging in slow moments of serenity, the campaign is a heartfelt ode to meaningful travel, set against the magnetic rhythm of Sri Lanka.
2 min |
May 30, 2025
Daily FT
eMarketingEye wins at Google Agency Excellence Awards 2024
EMARKETINGEYE, a leading digital marketing agency specialising in the travel and hospitality industry, achieved a historic milestone by winning the International Growth Award at the Google Agency Excellence Awards 2024.
2 min |
May 30, 2025
Daily FT
Secondary Bond market buying frenzy continues; yields drop further
The Secondary Bond market yesterday continued to rally for the sixth consecutive day following the announcement of the CBSL slashing the Overnight Policy rate by 25 basis points. Aggressive buying interest was seen driving yields even lower, with auction maturities quoted/traded below the weighted averages determined at the auction.
1 min |
May 30, 2025
Daily FT
Sysco LABS powers Regional Scrum Gathering – Sri Lanka 2025
Reinforces its commitment to championing world-class technology delivery
1 min |
May 30, 2025
Daily FT
Electricity tariffs: Accounting, clawbacks, and meddling by IMF
CEB is a regulated monopoly where the consumer tariff is determined by the regulator, the Public Utilities Commission of Sri Lanka (PUCSL) as per the country's law. The tariffs are based on a cost-reflective principle inclusive of return-on-assets, governed by a tariff methodology revised every five years. This mechanism is designed to avoid the utility from leveraging their monopoly position to overcharge consumers in search of profits. It also requires them to operate in an efficient manner, which has never happened.
8 min |