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Daily FT

Daily FT

Sri Lanka’s National People’s Power faces legacy of civil war

President Anura Kumara Disanayake and his National People’s Power Government are struggling to build a more stable, inclusive political culture in Sri Lanka. A mix of bold action and political skill will be needed. Support from the UN Human Rights Council can help.

10+ min  |

September 09, 2025

Daily FT

Govt. moves to bring OTAs into tax net as Booking.com talks begin

THE Government is preparing for a decisive round of talks with global online travel giant Booking.com later this week, as it steps up efforts to bring online travel agencies (OTAs) and digital accommodation platforms into the country's regulatory and tax framework.

2 min  |

September 09, 2025
Daily FT

Daily FT

Ex-President's arrest in Sri Lanka: Some should not be more equal than others

\"Some are more equal than others\" is a paradoxical phrase from George Orwell's allegorical novel Animal Farm that highlights societal hypocrisy, where the concept of equality is proclaimed but a privileged few receive preferential treatment

7 min  |

September 09, 2025
Daily FT

Daily FT

SLAASMB appoints new Director General

THE Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) has announced the appointment of Shantha Halloluwa as its 5th Director General, effective from 1 September.

1 min  |

September 09, 2025

Daily FT

Share prices of LAUGFS listed entities soar after Dhammika's deal

THE prices of LAUGFS Gas and LAUGFS Power voting and nonvoting shares shot up yesterday dominating the percentage wise gainers as investors reacted positively to the impending partnership with their holding company and business leader Dhammika Perera.

2 min  |

September 09, 2025

Daily FT

Browns Investments signs SPA to sell Maldives resort for $ 57.5 m

BROWNS Investments PLC Group has entered into a Sale and Purchase Agreement (SPA) with ASB Hotel Properties Maldives Ltd., for the sale of the assets and business of the Barceló Whale Lagoon Maldives Resort for $ 57.5 million.

1 min  |

September 09, 2025

Daily FT

Tourist arrivals surge past 1.6 m

SRI Lanka's tourism sector has registered nearly 37,500 arrivals in the first week of September, surpassing 1.6 million visitors so far in 2025-a milestone reached a month earlier than last year.

1 min  |

September 09, 2025

Daily FT

Meta partners Daily FT-CICRA 11th Annual Cyber Security CEO Forum and Summit 2025

IN an era of rapid digital transformation, the need for robust cybersecurity has never been more critical.

2 min  |

September 09, 2025

Daily FT

Govt. settles 55% of 2025 external debt commitments in 1H

SRI Lanka settled $ 1.36 billion in external debt servicing in the first half of 2025, covering 55% of the $ 2.45 billion due for the full year, according to data from the Public Debt Management Office and the Central Bank of Sri Lanka (CBSL).

1 min  |

September 09, 2025
Daily FT

Daily FT

Foreign Minister Herath assures UNHRC, defends reforms, sovereignty in Geneva

FOREIGN Minister Vijitha Herath yesterday assured the United Nations Human Rights Council (UNHRC) that the Government is committed to reconciliation, human rights, and democratic reforms through national institutions, adopting a conciliatory stance towards international partners even as he firmly defended the country's sovereignty against external accountability mechanisms.

4 min  |

September 09, 2025

Daily FT

Prof. Roshan Ajward joins LCB Finance Board

LANKA Credit and Business Finance PLC (LCB Finance) yesterday announced the appointment of Prof. Roshan Ajward as an Independent, Non-Executive Director with effect from 8 September.

1 min  |

September 09, 2025

Daily FT

How Asia Cup has expanded to serve as prelude to ICC world events

THE United Arab Emirates (UAE) will host the 17th edition of the Asia Cup for the fifth time, and for the third time in the last four editions largely due to the tension that exists between India and Pakistan. In fact the hosts of the 2025 edition is India, but due to Pakistan not being given the permission to travel to that country UAE has become the neutral venue.

3 min  |

September 09, 2025

Daily FT

Softlogic Information Technologies partners BMC Helix to deliver value-driven digital transformation

SOFTLOGIC Information Technologies Ltd., one of Sri Lanka's premier IT solutions providers with over three decades of experience delivering enterprise IT infrastructure, cloud platforms, and managed services, is a trusted partner for large-scale digital transformation initiatives across industries. Softlogic Technologies has announced a partnership as an authorised distributor and managed services partner with BMC Helix, Inc. (BMC Helix) a global leader in software solutions that helps the world's most forward-thinking IT organisations turn AI into action.

2 min  |

September 09, 2025

Daily FT

SC sets Feb. 2026 date to hear petitions against Ranil's Deshabandu IGP appointment

THE Supreme Court fixed 12 February 2026 to take up petitions challenging the legality of former President Ranil Wickremesinghe’s appointment of Deshabandu Thennakoon as Inspector General of Police (IGP) yesterday.

1 min  |

September 09, 2025

Daily FT

RDB Bank records Rs. 2.2 b PBT in 1H 2025

REGIONAL Development Bank (RDB) yesterday said it reported a Profit Before Tax (PBT) of Rs. 2.2 billion for the first six months of 2025, up from Rs. 492 million a year earlier.

1 min  |

September 09, 2025

Daily FT

SOUTH ASIAN SUPER CUP Sri Lanka face acid test in second leg

THE Sri Lankan national soccer team will face an acid test and put up a much-improved performance against the visiting Maldivian team in their second South Asian Super Cup encounter with kickoff rescheduled for 5.45 p.m. under lights.

1 min  |

September 09, 2025

Daily FT

Asia Asset Finance plans Rs. 3 b debenture issue

ASIA Asset Finance PLC yesterday said it was planning a Rs. 3 billion debenture issue.

1 min  |

September 09, 2025

Daily FT

Sri Lanka banking leaders at ICC Conclave Awards in Delhi

THE International Chamber of Commerce (ICC) Conclave Awards held on 29 August in Delhi brought together distinguished leaders from across the region to exchange insights and celebrate excellence in banking and finance.

1 min  |

September 09, 2025

Daily FT

BASL, CSSL to strengthen ties between technology and law

THE Bar Association of Sri Lanka (BASL) yesterday said it has signed a Memorandum of Understanding (MoU) to foster collaboration with the Computer Society of Sri Lanka (CSSL).

1 min  |

September 09, 2025
Daily FT

Daily FT

Sri Lanka Tourism taps into booming Polish tourism market with unique “Whispers of Ceylon” wedding experience

IN a strategic move to attract the growing Polish tourism market, the Sri Lanka Tourism Promotion Bureau (SLTPB) has partnered with The Barn House Sri Lanka to introduce “Whispers of Ceylon,” a novel wedding and engagement offering.

2 min  |

September 09, 2025

Daily FT

More chemicals linked to ICE production seized in Kandana

SRI Lanka Police yesterday seized over 100 kilos of chemicals suspected to be used in the manufacture of crystal methamphetamine (ICE) at a residence in Kandana following a cache of similar suspect chemicals over the weekend in Tangalle.

1 min  |

September 09, 2025

Daily FT

Sustainable tourism transformation: Sri Lanka’s youth at forefront

SRI Lanka will commemorate UN World Tourism Day 2025 with the launch of a landmark nationwide hospitality skills development program designed for secondary school students.

2 min  |

September 09, 2025
Daily FT

Daily FT

Double standards in Geneva: Sri Lanka’s journey and Core Group’s contradictions

The Core Group on Sri Lanka, which sponsors resolutions at the UNHRC, is currently led by the United Kingdom and joined by Canada, Malawi, Montenegro, and North Macedonia. These countries speak forcefully on accountability in Colombo. But their own records reveal serious shortcomings. The contrast exposes a troubling double standard.

5 min  |

September 09, 2025

Daily FT

LankaPay receives top recognition at BestWeb.LK 2025

LANKAPAY.LK, the official website of Sri Lanka’s National Payment Network, was recognised at the BestWeb.lk Awards 2025 and secured two prestigious awards — Gold Award in the Most Popular Corporate Website category and Silver Award in the Best Corporate Website category.

1 min  |

September 09, 2025
Daily FT

Daily FT

Jetwing Hotels announces management of Villa 700

JETWING Hotelshas recently welcomed Villa 700 into its family of istinctive properties Located inthe tranquil coastal village of Induruwa, in Bentota, this beachfront propertys known forts serene ambiance and elegant, simpli. tjoins JetwingS portfolio of unique accommodations promising guestsan experience that blends luxury, nature, and legendary SriLankan hospitality.

1 min  |

September 09, 2025

Daily FT

Japan hands over infectious waste management equipment to 15 hospitals across SL

THE Embassy of Japan has said that Ambassador Akio Isomata handed over infectious waste management equipment to 15 hospitals in the country at a ceremony at the Trincomalee General Hospital.

1 min  |

September 09, 2025
Daily FT

Daily FT

Minister Bimal Rathnayake addresses Jeddah Chamber of Commerce

TRANSPORT, Highways, Ports and Civil Aviation Minister Bimal Rathnayake and his delegation were received by the Chairman, Vice-Chairman and the Secretary General of Jeddah Chamber of Commerce, the oldest Chamber in Saudi Arabia, on 4 September at its headquarters in Jeddah.

1 min  |

September 09, 2025

Daily FT

IFS crowned champions at SLASSCOM's Megamind 2025

THE much-anticipated Megamind 2025 Quiz, organised by SLASSCOM, brought together the country’s brightest minds for an evening of knowledge, camaraderie, and spirited competition.

1 min  |

September 09, 2025
Daily FT

Daily FT

Deshal de Mel joins Capital Alliance Board

CAPITAL Alliance PLC yesterday said it has appointed Deshal de Mel as an Independent, Non-Executive Director effective 4 September.

1 min  |

September 09, 2025
Daily FT

Daily FT

Anantara World Islands Dubai Resort appoints Lankan as new Director of Operations

ANANTARA World Islands Resort has appointed Suresh Ferdinandusz as Director of Operations, effective July 2025.

1 min  |

September 09, 2025