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Daily FT

Tourism arrivals...

Latest data show the country welcomed 151,693 visitors between 1-25 March, marking a steep 22% year-on-year (YoY) decline compared to the same period last year.

1 min  |

March 27, 2026
Daily FT

Daily FT

Secondary Bond market yields edge up

THE secondary Bond market yesterday witnessed a continuation of the upward momentum observed in the latter part of the previous session, with yields edging higher amid relatively subdued market participation.

1 min  |

March 27, 2026

Daily FT

Nuclear fission to heat up Torrington this weekend

THE cream of schools’ rugby is all set to collide at the penultimate showdown to be worked out at Torrington this weekend, in the presence of a packed audience, who truly appreciate the ambience, and love to experience the thrills, while enjoying such epic encounters with other like-minded fans.

3 min  |

March 27, 2026
Daily FT

Daily FT

Bathiya & Santhush partner Soho Hospitality to bring Charcoal Tandoor Fire Grill to Colombo

■Bangkok's acclaimed live-fire dining concept makes its Sri Lanka debut on the Colombo skyline

2 min  |

March 27, 2026
Daily FT

Daily FT

Home Lands breaks ground on Canterbury Crest Resort Apartments

Final phase construction commences of the largest residential development project in Sri Lanka

2 min  |

March 27, 2026

Daily FT

“Lotus Roots”, India-Sri Lanka artist exhibition to be held at The Shoppes at City of Dreams

‘EMPOWERMENT’, a Delhi-based cultural NGO, is proud to announce “Lotus Roots: An India-Sri Lanka Artist Project,” a new international art initiative bringing together 10 Indian and 10 Sri Lankan painters in Colombo for a joint residency and curated exhibition.

2 min  |

March 27, 2026
Daily FT

Daily FT

Colombo Dockyard delivers 10th vessel in Misje Eco Bulker newbuilding series

Norwegian owner names vessel ‘Misje Kandy’ inspired by last capital of the Sri Lankan monarchy as tribute to Colombo Dockyard

2 min  |

March 27, 2026
Daily FT

Daily FT

The petrodollar strategy – Why the global power shift matters for Sri Lanka

WHILE the world watches the pipelines, the real war is being fought on the ledger.

4 min  |

March 27, 2026

Daily FT

Court of Appeal orders retrial in Raviraj assassination case

THE Court of Appeal has directed a fresh trial in the assassination of former Tamil National Alliance Parliamentarian Nadarajah Raviraj, overturning the earlier acquittal of the accused, including three Navy intelligence officers.

1 min  |

March 27, 2026

Daily FT

CSE ends down 2% as Mideast tensions escalate

THE Colombo stock market ended a strong two-session rally yesterday to close in the red with Rs. 173 billion value wiped out after global oil prices increasing 2% to around $ 104 a barrel.

1 min  |

March 27, 2026

Daily FT

Yeti hydration partner for Mustangs trophy

ISOTONIC drinks manufacturer Yeti will be the hydration partner for the 49th Mustangs Trophy limited overs cricket encounter between traditional rivals Royal College and §S. Thomas’ College tomorrow at the SSC Grounds, Maitland Place.

1 min  |

March 27, 2026
Daily FT

Daily FT

Can the Middle East crisis resurrect Sri Lanka's "ghost airport"?

FROM \"World's Emptiest\" to the Gulf's Lifeboat: How a bold Sri Lankan 'Proposal' is testing the limits of Mattala (MRIA) amid the great Persian Gulf airspace crisis.

8 min  |

March 27, 2026
Daily FT

Daily FT

Sri Lanka's ‘Anthropogenic Foreign Policy” is a lighthouse in Indian Ocean: Prof. Patrick Mendis

Sri Lanka’s emerging foreign policy represents a “power of example” for humanity amid escalating military tensions in the Middle East — says Prof.

4 min  |

March 27, 2026
Daily FT

Daily FT

Blue Arc to manufacture containerised substations for export under BOI deal

BLUE Arc Manufacturing and the Board of Investment of Sri Lanka (BOI) have signed an agreement to manufacture the first containerised substation assembly factory in Sri Lanka, specialising in the production of innovative, electrical systems designed for the world’s most demanding environments.

2 min  |

March 27, 2026

Daily FT

ComBank Cards offer up to 70% Avurudu discounts across widest range of outlets

THE Commercial Bank of Ceylon has launched its much-anticipated seasonal promotion for the Sinhala and Tamil New Year, offering credit and debit cardholders discounts of up to 70% across an extensive network of merchant outlets island-wide in the run-up to the Avurudu celebrations.

2 min  |

March 27, 2026
Daily FT

Daily FT

Defence Secretary graces India-Sri Lanka Defence Industry seminar in Colombo

THE India-Sri Lanka Defence Industry Seminar, held on 25 March at the Taj Samudra Hotel in Colombo, welcomed Defence Secretary Air Vice Marshal (Retd.)

1 min  |

March 27, 2026
Daily FT

Daily FT

Abolish parate law to save MSMEs from collapse amid fuel price shock: Sajith

Insists enforcing parate law under current economic conditions would cripple struggling businesses rather than help revive them; Calls for structured debt restructuring mechanism for affected businesses, alongside direct financial relief from available Treasury funds

2 min  |

March 26, 2026
Daily FT

Daily FT

Maximum savings and flexible payments with Seylan Bank this Avurudu

THIS Avurudu season, Seylan Bank is rolling out a comprehensive range of seasonal offers for Credit and Debit Cardholders.

5 min  |

March 26, 2026

Daily FT

CBSL sees no need for moratorium for MSMEs

CBSL Governor Dr. Nandalal Weerasinghe says does not see justification for such measures at this stage; Notes banking sector healthy, no spike in NPLs expected

1 min  |

March 26, 2026

Daily FT

CSE extends rebound to second session with new single-day points gain benchmark

Rs. 538 b value gained in two sessions, recouping 48% of loss since Mideast conflict started

2 min  |

March 26, 2026

Daily FT

IMF review changes may be more significant this time amid global shock: CBSL Governor

Says objective is to discuss new situation and reach staff-level agreement for completion of two reviews together; Acknowledges external shocks may necessitate adjustments to policy targets, macroeconomic projections; IMF in town to potentially combine two reviews to unlock $ 700 m

2 min  |

March 26, 2026

Daily FT

Prolonged Iran conflict poses downside risks to APAC Sovereign ratings: Fitch

FITCH Ratings has warned that Asia-Pacific Sovereign credit profiles face increased downside risks from a prolonged Iran conflict, citing the region's heavy reliance on imported energy and exposure to potential supply disruptions through key shipping routes.

2 min  |

March 26, 2026

Daily FT

Hela Apparel seeks shareholder approval for $ 17 m asset sale to strategic investor

Plans full divestment of Hela Clothing for $ 9 m and up to 100% of Hela Brands for $ 8 m; Proceeds to be used to settle group liabilities and improve liquidity

2 min  |

March 26, 2026
Daily FT

Daily FT

ADB says scaling up financing to support Sri Lanka

Multilateral agency says ready to provide $ 100 m for additional Budget support; Proposal increases planned Budget support financing to $ 480 m; Is fast-tracking separate $ 200 m emergency assistance loan; Says scaling up annual program to over $ 1 b to support structural reforms, resilient infrastructure and human capital

1 min  |

March 26, 2026

Daily FT

CBSL holds policy rate at 7.75% amid Middle East uncertainty

CBSL Governor Dr. Nandalal Weerasinghe says economy has sufficient buffers to absorb shocks; Projects inflation at 2% in March, to stabilise around 5% target by 2Q from earlier predictions of 3Q; Warns capability to withstand potential headwinds depends on building monetary and fiscal buffers; Cites improved fiscal performance as supportive factor in maintaining macroeconomic stability

2 min  |

March 26, 2026
Daily FT

Daily FT

MAS advances Plan for Change strategy

Texo and Noyon facilities become bluesign System Partners

2 min  |

March 26, 2026
Daily FT

Daily FT

ME war: CBSL Chief says import and capital restrictions not needed now

Suggests situation may compel workers to increase transfers at times of uncertainty to support families back home; Maintains flexible exchange rate policy, intervening only to curb excessive volatility; Calls on Govt. to continue structural reforms and build economic buffers; Notes tourism arrivals down 17%, but higher remittances inflows with no workers showing interest to return

3 min  |

March 26, 2026
Daily FT

Daily FT

Oil price falls as Trump talks up Iran peace negotiations

OIL prices fell yesterday after US President Donald Trump said negotiations to end the war were progressing, while Iran said “non-hostile” vessels could pass through the Strait of Hormuz.

1 min  |

March 26, 2026
Daily FT

Daily FT

Preventable global conflict, targeting China, Lanka's vulnerability and leadership deficit

‘China is the Whole Game’ reveals Newsweek

4 min  |

March 26, 2026

Daily FT

New Zealand footballers willing to play Iran World Cup match outside US

NEW Zealand football players have said they would be willing to play Iran outside the US in their opening match at the FIFA World Cup 2026, as uncertainty persists over the fixture amid geopolitical tensions.

2 min  |

March 26, 2026