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Daily FT

Sysco LABS Engineering CoP hosts inaugural “Future of Engineering” event

SYSCO LABS has recently announced that Sysco Technology's Global Software Community of Practice (CoP) hosted TECHFUSION 25 at the Courtyard by Marriott in Colombo. This landmark event brought together experts from across the Sysco LABS organisation to share insights and best practices on what has become the company’s signature knowledge-sharing platform. Through regular sessions, open forums, and collaborative projects, the CoP creates a space where ideas flow freely, and expertise is amplified — fueling Sysco Recipe for Growth.

1 min  |

November 28, 2025
Daily FT

Daily FT

Global gold reserves hit $ 4.83 t in Nov. amid central banks’ renewed buying spree

GOLD prices began climbing sharply back in 2024 as central banks and investors alike turned to the precious metal as a safe haven amid mounting geopolitical tensions and global economic uncertainty.

2 min  |

November 28, 2025
Daily FT

Daily FT

Teejay Lanka: Weaving future of sustainable supply chains

IN the heart of Sri Lanka's manufacturing sector, Teejay Lanka PLC stands as an example of how responsibility can redefine competitiveness. For an industry as far-reaching and complex as textiles, the sustainability of supply chains depends not only on technological innovation but also on collaboration—and Teejay demonstrates how regional manufacturers can lead that change from the Global South.

6 min  |

November 28, 2025

Daily FT

Dialog Enterprise becomes Principal Sponsor of Sri Lanka CERT National Cyber Security Conference 2025

DIALOG Enterprise, the corporate solutions arm of Dialog Axiata PLC and a leading ICT solutions provider in Sri Lanka, served as the Principal Sponsor of the Sri Lanka CERT|CC Cyber Security Conference 2025, the nation’s premier platform dedicated to strengthening cyberse-curity awareness and resilience across enterprises and communities.

1 min  |

November 28, 2025
Daily FT

Daily FT

Sampath Bank advances public transport innovation with digital card acceptance on key Western Province routes

SAMPATH Bank PLC advanced Sri Lanka’s journey towards transport digitalisation with the launch of its pilot digital bus fare payment project in collaboration with the Road Passenger Transport Authority — Western Province.

1 min  |

November 28, 2025

Daily FT

UDA to lease Pettah Floating Market to Japanese investor for $ 160 m

THE Urban Development Authority (UDA) is moving ahead with plans to lease the Pettah Floating Market Complex to a Japanese investor in a deal valued at $ 160 million.

1 min  |

November 27, 2025
Daily FT

Daily FT

Sri Lanka have one more hurdle to clear to reach final

HAVING somewhat regained their form with a convincing nine-wicket win against Zimbabwe on Tuesday, Sri Lanka face their final hurdle when they confront hosts Pakistan today in what could be another door-die contest in the T20I Tri-Series in Rawalpindi.

2 min  |

November 27, 2025

Daily FT

People's Bank posts Rs. 43.7 b PBT in 9M

PEOPLE'S Bank has reported a Profit Before Tax (PBT) of Rs. 43.7 September delivering the bestbillion for the nine months ended 30 2025, ever results in the institution's history.

3 min  |

November 27, 2025

Daily FT

Sri Lanka must shift from volume to value to unlock full tourism potential: SLTDA Chairman

Highlights value gap and over-tourism pressures

3 min  |

November 27, 2025
Daily FT

Daily FT

President to attend Sri Lanka Economic and Investment Summit 2025 on opening day

PRESIDENT Anura Kumara Dissanayake will attend the Sri Lanka Economic and Investment Summit 2025 on 2 December, during which he will join The Ceylon Chamber of Commerce Vice Chairperson Bingumal Thewarathanthri for an on-stage conversation aligned with the Summit's theme-'Gateway to Growth-Asia's Emerging Opportunity!

1 min  |

November 27, 2025

Daily FT

Tourism earnings to undershoot despite arrivals surge

SRI Lanka is bracing for lower-than-expected tourism earnings following a downward revision in the estimated daily spending of visitors by the Sri Lanka Tourism Development Authority (SLTDA), a key metric used to calculate the industry's contribution to the economy.

2 min  |

November 27, 2025

Daily FT

Pent-up demand for vehicle imports stabilises - CBSL

CENTRAL Bank (CBSL) Governor Dr. Nandalal Weerasinghe yesterday said the surge in vehicle imports that followed the lifting of the five-year import suspension has now tapered off, with pent-up demand largely exhausted by November.

1 min  |

November 27, 2025

Daily FT

Reserves set to hit post-crisis high in December: CBSL Governor

CENTRAL Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe yesterday said Sri Lanka's gross official reserves are expected to climb to the highest level recorded since the height of the economic crisis by the end of December, whilst expressing confidence that the country will comfortably meet its reserves target under the International Monetary Fund (IMF) program.

1 min  |

November 27, 2025
Daily FT

Daily FT

Apparel exports maintain momentum, up 6.1% in first 10 months of 2025 - JAAF

THE Joint Apparel Association Forum (JAAF) yesterday said apparel and made-up articles exports for January to October 2025 increased by 6.12% year-on-year (YoY), maintaining steady momentum despite weaker monthly results in October.

1 min  |

November 27, 2025

Daily FT

CBSL holds policy rates steady

THE Central Bank of Sri Lanka (CBSL) yesterday delivering the sixth and final Monetary Policy Review for 2025 announced that rates would remain unchanged at 7.75%.

2 min  |

November 27, 2025
Daily FT

Daily FT

The new avatar of Navratna at Taj Samudra

TAJ Samudra unveiled Navratna in its new avatar last week, following a comprehensive and elegant renovation.

1 min  |

November 27, 2025

Daily FT

Bairaha Chicken reaffirms improved quality, longer shelf life without chemicals/preservative use

BAIRAHA Farms PLC reaffirms its dedication to providing consumers with the highest quality, antibiotic-free chicken products, devoid of chemical, artificial additives, preservatives, or added hormones.

1 min  |

November 27, 2025
Daily FT

Daily FT

No decision taken to replace Asalanka as T201 Captain – Chief selector

Appointment of Shanaka as Vice-Captain fuels off unnecessary debate

2 min  |

November 27, 2025

Daily FT

Cinnamon Life Colombo welcomes culinary maestro Chef Alessandro Dentone

CINNAMON Life Colombo is transforming into a vibrant slice of the Italian Riviera as it hosts acclaimed Ligurian chef Alessandro Dentone for the 10th Week of the Italian Cuisine in the World, from 22 to 29 November 2025 in collaboration with the Italian Embassy in Colombo.

1 min  |

November 27, 2025

Daily FT

Team CDB blaze through 40th Mercantile Athletic Meet

CITIZENS Development Business Finance PLC (CDB) sprinted to the finish line with a powerhouse performance at the 40th Mercantile Athletic Meet, reaffirming its place among the nation's top corporate sporting contenders with a series of exceptional achievements.

1 min  |

November 27, 2025
Daily FT

Daily FT

KBSL appoints Pramukh Jayawardena as Sales Chief to steer next phase of growth

KBSL Information Technologies, one of Sri Lanka's longest-standing systems integrators and a member of the Agility Innovation Group, has appointed Pramukh Jayawardena as its new Chief Sales Officer (CSO).

2 min  |

November 27, 2025
Daily FT

Daily FT

Evaluating 2026 Budget through green energy, agriculture, and strategic investment

THE 2026 Budget represents not just a financial roadmap, but a moral and strategic moment; one where public ambition for sustainable growth, environmental stewardship, and inclusive development must translate into real, bankable projects.

8 min  |

November 27, 2025
Daily FT

Daily FT

2026 Budget commits over Rs. 688 b to construction: Sector poised for acceleration

SRI Lanka's 2026 Budget signals one of the strongest commitments to construction-sector investment in recent years, with more than Rs.

2 min  |

November 27, 2025
Daily FT

Daily FT

Sysco LABS makes top five at Mercantile Tennis Tournament 2025

Pars 74

1 min  |

November 27, 2025

Daily FT

Anuradhapura's rising stars shine at Prima Golf

YOUNG talent from Anuradhapura stamped their class at the recently concluded Prima Sunrise Bread Regional Golf Championship in Nuwara Elya last weekend, showing a bright future for junior golf in Sri Lanka.

1 min  |

November 27, 2025

Daily FT

Hands off the media

LEADER of the House Minister Bimal Rathnayake had some harsh words for the media on Monday in Parliament.

2 min  |

November 27, 2025

Daily FT

Acquisitions of small banks ‘neutral’ to BOC's and PB's ratings - Fitch

FITCH Ratings yesterday said the proposed transfers of State-owned shares of Housing Development Finance Corporation Bank of Sri Lanka (HDFC, BB+(lka)/Rating Watch Positive) to Bank of Ceylon (BOC, CCC+/AA-(Ika)/ Stable) and of State Mortgage and Investment Bank (SMIB, BB(lka)/Rating Watch Positive) to People’s Bank (Sri Lanka) (PB, AA-(1ka)/Stable) are unlikely to affect the acquirers’ ratings.

2 min  |

November 27, 2025

Daily FT

CSE ends on the up despite volatility

THE Colombo stock market yesterday closed on the up for the second straight session with both indices ending in green.

1 min  |

November 27, 2025
Daily FT

Daily FT

What AKD missed: Sri Lanka must earn $50 b foreign exchange annually

WHILST the dust settles down on the Budget 2026 with many points of view expressed, the key point missed out was how Sri Lanka can become a 6% plus economy in the next three years or have a forex earning of $50 billion annually.

8 min  |

November 27, 2025
Daily FT

Daily FT

SLICCA wins 17 prestigious medals at National Level Chef Guild Competition

THE Sri Lanka Institute of Confectionery and Culinary Arts (SLICCA) has secured 17 prestigious medals at the National Level Chef Guild Competition, held on 12 and 13 November 2025 in Galle.

1 min  |

November 27, 2025
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