Newspaper
Daily FT
The Global South's message to Washington and Beijing
THE recent high-level engagement between China and the United States is more than routine diplomacy - it marks a moment of recalibration the world has been waiting for.
3 min |
May 23, 2026
Daily FT
IEPSL and Nepal Institute launch Climate Finance Training Program
Nepal-Sri Lanka collaboration strengthens sustainable banking and environmental professionalism
2 min |
May 22, 2026
Daily FT
Correspondent banking and AML failures: North American and European case studies
THIS is yet another, under the theme “Learning from the Lessons of other Jurisdictions.\"
10 min |
May 22, 2026
Daily FT
The Republic is 54: Towards a third, “system-changing” Republican Constitution
SRI Lanka’s constitutional journey remains marked by unresolved dilemmas: entrenched executive dominance, fragile fundamental rights, unfulfilled reform promises, and the persistent national question.
7 min |
May 22, 2026
Daily FT
Govt. reiterates commitment to reforms ahead of $700 m IMF tranche
Deputy Finance and Planning Minister Dr. Anil Jayantha Fernando stresses foreign exchange position will be strengthened with healthy inflows expected; Remains committed to fiscal reforms, targets to achieve 2032 debt-toGDP goal by end-2026
2 min |
May 22, 2026
Daily FT
Abuse of child by Thero: Collective statement calls for impartial investigation and justice
THE case concerning the serious abuse allegations against Atamasthanadhipathi Pallegama Hemarathana Thero is scheduled to be heard again today (22).
4 min |
May 22, 2026
Daily FT
Banks, frauds and stakeholders
DRIVEN by my passion as a former banker with 24 years of local and global banking exposure and deeply concerned by the recent frauds in the Sri Lankan banking sector, I was compelled to write this article under ‘‘My View’’ to elaborate on the causes of such frauds.
6 min |
May 22, 2026
Daily FT
Sajith asks Govt. to use ‘demonstrated reforms credibility’ to negotiate another IMF program
OPPOSITION Leader Sajith Premadasa has urged the National People’s Power (NPP) Government to use its ‘demonstrated reforms credibility’ to negotiate another bail-out package with the International Monetary Fund (IMF), amid growing concerns on the Middle East war’s impact on the economy.
3 min |
May 22, 2026
Daily FT
Govt. rules out vehicle import ban, rejects claims of surge in LCs
Deputy Finance Minister Dr. Anil Jayantha Fernando says only 1,782 vehicles covered by LCs opened on 15 May; Daily LC values decline from $23.71 m to $ 14.98 m within four days; Govt. accuses Opposition of spreading misleading figures and market panic
1 min |
May 22, 2026
Daily FT
IMF signals confidence in Sri Lanka’s ability to manage external shocks
INTERNATIONAL Monetary Fund (IMF) Mission Chief for Sri Lanka Evan Papageorgiou yesterday signalled confidence in Sri Lanka’s ability to manage the economic pressures arising from the Middle East war, saying the country’s stronger policy framework, improved reserves, and ongoing reform program had placed the economy in a better position to absorb external shocks than in the past.
1 min |
May 22, 2026
Daily FT
SL reaffirms commitment to sustainability at International Tea Day conference in China
Plantations and Community Infrastructure Minister Samantha Vidyaratne says future of tea industry must be built on economic growth, social responsibility, environmental sustainability and empowerment of teagrowing communities; Highlights Ceylon Tea continues to represent quality, trust, and reliability globally over 150 years; Describes tea as a form of \"soft diplomacy\" capable of building stronger ties between nations
3 min |
May 22, 2026
Daily FT
PUCSL flags operational, environmental and financial risks linked to Lakvijaya coal shipments
Regulator estimates Rs. 8.5 b financial impact linked to coal supplied by Trident Chemphar; Report says Lakvijaya unable to operate at full 900 MW capacity using current coal shipments; Fly ash emissions doubled while several stack emissions recorded sharp increases; PUCSL warns prolonged shipment delays and reduced plant output could threaten power security during peak demand months
2 min |
May 22, 2026
Daily FT
Decolonising liberation: Seeing beyond the Vaddukoddai Resolution
THIS year marks a key anniversary in the Tamil community’s long struggle for political rights. Tamil nationalists are commemorating the 50th anniversary of the Vaddukoddai Resolution.
8 min |
May 22, 2026
Daily FT
Internal control only as strong as its weakest link: Time to introspect
A post-mortem of the recent governance failures at the National Development Bank (NDB) and Sri Lanka’s Finance Ministry points to a laxity in implementing the ‘three lines of defence’ model in risk management and internal control where in the first line, the business unit, owns and manages risks directly, in the second line, the compliance, risk, and internal audit functions, provide oversight and frameworks, and in the third line, external auditors and regulators, offer independent assurance to the board and senior management.
10 min |
May 22, 2026
Daily FT
Sri Lanka’s Constitutional crossroads: Rethinking the Executive Presidency
SRI Lanka today stands at a critical constitutional and political crossroads. Amid economic instability, institutional distrust, and widespread discontent, the debate surrounding the Executive Presidency has once again emerged at the centre of national discourse.
3 min |
May 22, 2026
Daily FT
Govt. to settle Rs. 15 b renewable energy dues by end-June
Rs. 3 b to be released in May as payment delays hit 386 developers; Energy Minister Anura Karunathilaka says thermal power not prioritised over renewables; Thermal generation costs projected at Rs. 31.99 per unit in 3Q 2026
1 min |
May 22, 2026
Daily FT
External shock, not domestic excess driving current macro pressures: CT Smith
Says current pressures differ fundamentally from 2022 crisis as reserves, IMF discipline and exchange rate flexibility remain intact; Nearly $1.4 b in multilateral inflows expected as markets watch possible CBSL policy response on 26 May
1 min |
May 22, 2026
Daily FT
No electricity tariff hike before Sept.: Govt.
Energy Minister Anura Karunathilaka says no request for tariff increase will be made to PUCSL before September; Govt. says latest tariff revision mainly affects users consuming over 180 units; Rs. 15 b subsidy provided to cushion impact on other consumer categories
1 min |
May 22, 2026
Daily FT
CBSL meets dealers ahead of tighter regulations to ease currency pressure
Currency slips further yesterday with indicative TT LKR/USD at Rs. 342.63/ Rs. 354.03; Currency dealers say importers frontloading LCs, booking FX requirements three months in advance; In Parliament, SJB MP Dr. Harsha de Silva says weakening confidence driving foreign exchange volatility; Says exporter/importer expectations and actions tightening liquidity, reinforcing volatility; Notes possible 50-100 bps policy tightening leading to higher interest rates may be needed to restore stability
2 min |
May 22, 2026
Daily FT
UNP questions Govt.’s handling of rupee depreciation
THE United National Party (UNP) yesterday raised concerns over the recent depreciation of the rupee, arguing that the Government had failed to maintain the economic program initiated under former President Ranil Wickremesinghe, as external pressures linked to the Middle East war, rising shipping costs, and a stronger US dollar continued to weigh on the currency.
2 min |
May 22, 2026
Daily FT
Booking.com fame Jeff Hoffman says small nations can leapfrog by embracing technology
Notes innovation starts with constantly asking what is possible today that was impossible yesterday; Stresses businesses and countries must adapt quickly to emerging technologies, while tracking changing consumer behaviour; Recalls his frustration at airport queues inspired creation of self-service check-in kiosk operating globally today; Says internet shifted power from travel agents to consumers, helping drive rise of Priceline, Booking.com; Opines next tourism transformation will be driven by Al, personalisation and new traveller segments
2 min |
May 22, 2026
Daily FT
Empowering excellence: SDB Bank Business Awards 2025
SDB bank recently hosted its prestigious Business Awards 2025 under the theme \"Celebrating Catalysts of Growth and Change\" to honour the exceptional performance and dedication of its employees.
1 min |
May 22, 2026
Daily FT
Fentons IT hosts exclusive CIO cocktail networking evening with IceWarp
FENTONS IT (FIT), in partnership with IceWarp, recently hosted an exclusive CIO (Chief Information Officers) networking cocktail evening titled \"The IceBreaker Moment,\" bringing together senior IT leaders from Sri Lanka's leading organisations.
1 min |
May 22, 2026
Daily FT
DIMO's Dilrukshi Kurukulasuriya joins Colombo Dockyard Board
COLOMBO Dockyard PLC has appointed Dilrukshi Kurukulasuriya to its Board as a Non-Executive Independent Director.
1 min |
May 22, 2026
Daily FT
CAA releases weekly retail price ranges for essential food items
THE Consumer Affairs Authority (CAA) yesterday announced estimated retail price ranges for several essential food items for the week from 18 to 24 May 2026.
1 min |
May 22, 2026
Daily FT
Permia secures strategic digital agriculture management contract with National Livestock Development Board
Permia Sensing Ltd, an advanced agricultural intelligence and plantation analytics company, has announced that it has secured a strategic contract with the National Livestock Development Board (NLDB) of Sri Lanka to deploy its digital plantation monitoring and decision-support platform across 4,750 hectares of NLDB coconut estates.
1 min |
May 22, 2026
Daily FT
Cricket is apolitical and owned by spectators of the country: Eran
SRI Lanka Cricket (SLC) Transformation Committee Chairman Eran Wickramaratne, chairing his first meeting with the media since being appointed to the position three weeks ago, said the mandate given to the Committee was to change the structure of the management and to bring a new constitution to govern SLC.
4 min |
May 22, 2026
Daily FT
Sri Lanka positioned as high-value tourism and innovation hub at Fireside Panel on “Destination Stack”
A high-level fireside panel featuring Jeff Hoffman, Jeevan Gnanam and Yuen Wong, moderated by Cherrie Chan, explored how travel innovation, entrepreneurship, and digital / AI infrastructure can help Sri Lanka compete more effectively on the global stage.
2 min |
May 22, 2026
Daily FT
CSE edges up, shakes off three sessions of losses
THE Colombo stock market closed in green yesterday after three consecutive sessions in the red as bargain-hunting investors drove a mild early-session rally.
1 min |
May 22, 2026
Daily FT
Union Bank partners SLECIC to boost migrant worker financing solutions
UNION Bank has strengthened its collaboration with the Sri Lanka Export Credit Insurance Corporation (SLECIC) to significantly enhance financial solutions for Sri Lankan migrant workers.
1 min |