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Daily FT

Daily FT

Professional costing framework should be implemented to determine cost price of electricity

A professional managerial and societal costing framework should be implemented to accurately determine the cost price of electricity and provide competitive pricing to serve all stakeholders. IMF cost recovery electricity pricing should be done efficiently and effectively to achieve cost reduction and not cost increases in electricity pricing.

8 min  |

May 28, 2025

Daily FT

NCCSL workshop on export proceedures and documentation tomorrow

THE National Chamber of Commerce of Sri Lanka will hold a comprehensive one-day workshop on “Export Procedures and Documentation: Unlocking International Markets”, on 29 May, from 9 a.m. to 4 p.m. at the National Chamber Auditorium, 450, D.R. Wijewardene Mawatha, Colombo 10.

1 min  |

May 28, 2025

Daily FT

National Shoora Council holds dialogue with ruling party Muslim MPs

A delegation from the National Shoora Council (NSC) held a constructive meeting with the Muslim Members of Parliament representing the ruling party last week in Colombo.

1 min  |

May 28, 2025
Daily FT

Daily FT

Triple-crown sensation Rashmi shines at MBA All-Island Badminton Championships

STAR Shuttler Rashmi Mudalige bagged a triple crown, as Savinaka Weerasekara earned the Men's Open Singles title at the Mercantile Badminton Association (MBA) All-Island Open Badminton Championships 2025 concluded at the MBA Indoor began in Colombo on Sunday.

3 min  |

May 28, 2025
Daily FT

Daily FT

Gihan Wickramasinghe secures overall win at NTB golf

GIHAN Wickramasinghe won the NTB Customer best Stableford win with a score of 44. Shemal De Silva won the NTB Amex Challenge trophy with a score of 46. This annual event sponsored by NTB saw more than 260 golfers plus 30 exciting juniors teeing off recently.

1 min  |

May 28, 2025
Daily FT

Daily FT

Secondary bond market continues to rally; yields in free-fall

Rs. 162.50 b T-Bill auction in focus Rupee broadly steady

2 min  |

May 28, 2025
Daily FT

Daily FT

Current bad weather eating into Sri Lanka's T20 WC build-up

Six Major Clubs T20 matches today

1 min  |

May 28, 2025

Daily FT

Tier B T20 suffers same fate as Major Clubs T20

Bad weather takes the upper hand

1 min  |

May 28, 2025
Daily FT

Daily FT

CSE stays up amidst mega deal on HNB

THE Colombo stock market yesterday stayed on the up amidst a mega deal on 9.9% HNB voting shares-stake which propelled turnover to nearly Rs. 19 billion.

2 min  |

May 28, 2025
Daily FT

Daily FT

Lanka Ashok Leyland reports strong results in FY25

Revenue surges 67%; PAT up 78% to Rs. 1.5 b and EPS rises to Rs. 423 Announces first and final dividend of Rs. 20 per share

2 min  |

May 28, 2025

Daily FT

Eagles Rugby Sevens on 31 May at Havelock Park

EAGLES Rugby Sevens 2025, powered by Janatha Steels at the iconic Havelock Sports Club Ground in Colombo on 31 May.

1 min  |

May 28, 2025
Daily FT

Daily FT

Digital playground no longer safe:

Online abuse of schoolchildren being ignored

3 min  |

May 28, 2025
Daily FT

Daily FT

'I think I deserve a diploma' - Norrie stuns Medvedev

BRITAIN'S Cameron Norrie claimed one of his best victories of the year with a five-set triumph over world number 11 Daniil Medvedev in a see-saw French Open first-round match.

1 min  |

May 28, 2025
Daily FT

Daily FT

UK Trade Envoy on inaugural visit to Sri Lanka

THE UK Prime Minister’s Trade Envoy for Sri Lanka, Lord Hannett of Everton, is visiting Colombo from 25 to 28 May.

2 min  |

May 27, 2025

Daily FT

Alibaba.com's export strategist to guide Lankan SMEs on expanding global footprint

THE Ceylon Chamber of Commerce will host a special session on 29 May featuring a high-level executive from Alibaba.com, aimed at helping Sri Lankan Small and Medium Enterprises (SMEs) expand their global footprint and tap into new overseas markets.

1 min  |

May 27, 2025

Daily FT

Jacqueline Fernandez joins hands with Home Lands to redefine luxury living in Sri Lanka

INTERNATIONAL film star and proud Sri Lankan, Jacqueline Fernandez, has officially partnered with Home Lands Group, Sri Lanka's number one and most trusted brand in real estate.

1 min  |

May 27, 2025

Daily FT

Exports top $ 5.5 b mark in first four months

SRI Lanka's export sector has demonstrated remarkable resilience and steady progress during the first four months of 2025, with total exports reaching $ 5.583 billion, marking a robust 6.9% increase compared to the same period in 2024.

5 min  |

May 27, 2025

Daily FT

LOLC Finance delivers highest PAT of Rs. 25 b

LOLC Finance PLC said yesterday it has set a new benchmark in the Non-Bank Financial Institution (NBFI) sector by reporting an outstanding Profit After Tax (PAT) of Rs. 25 billion for the financial year ending 31 March 2025.

3 min  |

May 27, 2025
Daily FT

Daily FT

Germany and Sri Lanka: Quiet partnership that deserves louder recognition

IN international diplomacy, some bilateral relationships quietly grow strong without much public attention. The partnership between Germany and Sri Lanka is one such example. Rooted in historical goodwill and sustained through economic cooperation, development aid, and cultural exchanges, it’s a relationship built on substance rather than spectacle. As a Sri Lankan living in Germany, I’ve seen firsthand Germany’s ongoing commitment to Sri Lanka’s development.

4 min  |

May 27, 2025
Daily FT

Daily FT

China-Sri Lanka ties in a changing world

Chinese Ambassador to Sri Lanka Qi Zhen- hong affirms that the so-called “Chinese debt trap” narrative is politically driven and unsupported by facts. Emphasising the strong foundation of bilateral ties, he notes that the scope for cooperation be- tween China and Sri Lanka is broad, with a promising outlook for the future. Further he noted the upcoming visit by Chinese Com- merce Minister Wang Wentao with an eco- nomic and trade del- egation is expected to unlock fresh opportu- nities for deeper bilat- eral cooperation. Prior to his assignment in Colombo, Ambassador Qi served as China’s Ambassador to the Kingdom of Bahrain.

5 min  |

May 27, 2025

Daily FT

New Director General of Commerce

AMEENA Mohin assumed duties on 23 May, as the Director General of Commerce (Actg.) of the Department of Commerce.

1 min  |

May 27, 2025

Daily FT

Colombo stock market subdued in fresh week; foreign inflow persists

THE Colombo stock market began a fresh week yesterday on a subdued note, though foreigners remained bullish.

1 min  |

May 27, 2025
Daily FT

Daily FT

Kusal Perera carries Lahore Qalandars to PSL title

Match winning knock of 62* off 31 balls

1 min  |

May 27, 2025
Daily FT

Daily FT

Native fruits, vegetables, yams and nuts of Sri Lanka: Hidden potential

THE present study attempts to arouse the interest of the policy makers, Government officials, exporters, producers including farmer groups and the general Sri Lankan public, to explore the hidden potential of fruits, vegetables, yams and nuts, native to Sri Lanka.

10 min  |

May 27, 2025
Daily FT

Daily FT

Over 350 shuttlers in action at Ceylon Masters International Badminton 2025

OVER 350 shuttlers will be in action at the Ceylon Masters International Badminton Championship 2025, which is set to take place in Colombo, Sri Lanka from 6 to 9 June at two prominent locations.

1 min  |

May 27, 2025
Daily FT

Daily FT

NDB Bank collaborates with Mastercard to launch debit card to drive digital payment adoption

NDB Bank has announced the launch of the NDB Mastercard debit card, marking a significant milestone in the bank’s journey towards driving digital payment adoption and promoting financial inclusion, while delivering great value to its customers.

1 min  |

May 27, 2025
Daily FT

Daily FT

Sri Lanka and New Zealand renew commitment to boost stronger ties

Establishment of a Trade and Economic Dialogue with New Zealand discussed during visit of latter's Deputy Prime Minister and Foreign Affairs Minister Winston Peters Expanding trade links, especially in high-potential sectors such as dairy, processed food, and fresh produce, and improving market access for Sri Lankan products Deeper sports collaboration including training opportunities for young Sri Lankan athletes in cricket and rugby, and programs for women's empowerment, particularly focused on financial management, entrepreneurship, and diplomacy New Zealand launches Sustainable Water and Livelihoods project which will support farming households to improve their health and income generation Government-to-government cooperation figure during talks

4 min  |

May 27, 2025
Daily FT

Daily FT

Sri Lanka Tourism hosts British Guild of Travel Writers Media Convention

Initiative aimed at targeting high-potential travellers from UK

4 min  |

May 27, 2025
Daily FT

Daily FT

Thema Collection sets new standard with Sri Lanka's first carbon-neutral stall at Sancharaka Udawa

THEMA Collection made history this year at Sancharaka Udawa 2025, by unveiling Sri Lanka's first-ever carbon-neutral exhibition stall—a bold step that reflects the company's unwavering commitment to sustainability and community empowerment.

1 min  |

May 27, 2025
Daily FT

Daily FT

Amari Colombo wins Hotel Interior Design award at Asia Pacific Property and Hotel Awards 2025-2026

AMARI Colombo, part of the ONYX Hospitality Group — a leading hospitality management company in Southeast Asia known for its diverse portfolio of hotels, resorts, serviced apartments, and luxury residences — has been honoured with a distinguished accolade at the Asia Pacific Property and Hotel Awards 2025-2026.

1 min  |

May 27, 2025