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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
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