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Daily FT
China's poverty reduction story: A magnificent chapter in global development
THE story of China’s poverty reduction is a splendid epic etched into the land of China and a magnificent chapter in the cause of global development. Through arduous efforts, the Chinese people have fought and won the largest battle unprecedented in intensity and scale against poverty in human history, benefiting the largest number of people. With the success of poverty alleviation, we have achieved moderate prosperity, the millennia-old dream of the Chinese nation. China’s successful experience in poverty reduction has also boosted the confidence and hope of other developing countries, contributing China’s wisdom and strength for a prosperous and better future for the whole world.
6 min |
November 15, 2025
Daily FT
Sri Lanka National Film Council to replace National Film Corporation
THE Cabinet of Ministers recently approved directing the Legal Draftsmen to prepare a draft bill to establish the Sri Lanka National Film Council, repealing the Sri Lanka National Film Corporation Act No. 47 of 1971, to modernise cinema regulation and promote film culture in the country.
1 min |
November 15, 2025
Daily FT
Maliban takes Title Sponsorship of Inter-Club Rugby League and Clifford Cup 2025/26
IN yet another milestone partnership that strengthens its deep-rooted association with Sri Lankan sport, Maliban, one of the nation's most trusted and respected brands, has announced its role as Title Sponsor of the Maliban Inter Club Rugby League and Maliban Clifford Cup Knockout Championship 2025/2026, two of the country's most prestigious tournaments in the rugby calendar.
1 min |
November 15, 2025
Daily FT
North East Monsoon Meet 2025 tees off today
THE Royal Colombo Golf Club (RCGC)is set to host the much-looked-forward-to North East Monsoon Meet 2025 sponsored by Dialog Enterprise, bringing together over 150 golfers for one of the Most prestigious events on the club’s annual calendar.
1 min |
November 15, 2025
Daily FT
Govt: from an arrogant incompetence to a quite charming amateurishness?
IF you were looking to assess the quality and condition of governance in Sri Lanka of late, how well would you set about it? An analytical survey of the relevant (and sometimes irrelevant) stats as essayed by Verité or Advocata, et al.? Or a finger on the popular (or often unpopular) pulse as enter-prised by LMD’s biz confidence index?
5 min |
November 15, 2025
Daily FT
Interim report on public service salary structure to enhance professionalism
AN interim report outlining proposals to establish a formal and scientific salary structure for the public service will be submitted to the Ministerial Consultative Committee on Public Administration, Provincial Councils and Local Government Affairs.
1 min |
November 15, 2025
Daily FT
Commercial Bank launches 'ComBank Shakthi' to extend reach to customers
COMMERCIAL Bank has rolled out its new agency banking network, 'ComBank Shakthi,' extending formal banking services to underserved communities and expanding the bank's reach beyond major towns.
2 min |
November 15, 2025
Daily FT
US policies driving India-China closer, create new avenues for developing nations
THE South Centre Executive Director Dr Carlos Correa last week observed that the current protectionist policies of the major western powers may paradoxically strengthen cooperation among developing countries, creating new opportunities for the ‘Global South’ to reshape the global economic order through strategic approaches and regional collaboration.
3 min |
November 15, 2025
Daily FT
Can Harin revive down-and-out UNP?
THE controversial yet energetic politician Harin Fernando assumed the newly created post of the Deputy General Secretary of Political Mobilisation of the United National Party (UNP) last Monday.
2 min |
November 15, 2025
Daily FT
Galle Literary Festival announces postponement of 2026 edition
THE organisers of the Galle Literary Festival (GLF) have announced that the 2026 edition of the Festival will be postponed, as they undertake a comprehensive review of their financing model and operations to ensure a sustainable future.
1 min |
November 15, 2025
Daily FT
International Lifestyle Brand expands Subway and Segafredo outlets in Sri Lanka
INTERNATIONAL Lifestyle Brand Ltd., has announced its expansion in its leading brands Subway Sri Lanka, the American fast-food chain and Segafredo Caffé, Italian espresso brand, while opening novel venues to its food lovers and coffee lovers, indulging themselves in premium and international flavours at affordable prices in the heart of Colombo.
1 min |
November 15, 2025
Daily FT
The shifting landscape of global extremism: From retreat to reinvention
How development, ideology, and regional rivalries are reshaping extremism in South Asia and beyond
3 min |
November 15, 2025
Daily FT
Opposition petitions Govt. to withdraw Praja Shakthi circular, cites political motives
Opposition Leader Sajith Premadasa criticises Praja Shakthi as a political tool allegedly used by Govt. to expand JVP influence over grassroots structures Alleges misuse of State mechanisms, claiming funding is insufficient for poverty alleviation while public tax burdens rise Claims authority is shifting from elected representatives to JVP-aligned cadres, centralising control over village committees and youth groups Warns of a “constitutional authoritarian model,” threatening democratic space and representation under President AKD
1 min |
November 15, 2025
Daily FT
DFCC's Rs. 3 b Blue Bond issue oversubscribed on opening day
SRI Lanka's first Blue Bond issuance, launched by DFCC Bank, was oversubscribed on its opening day yesterday, prompting the bank to close subscriptions early.
1 min |
November 14, 2025
Daily FT
United Motors Group posts Rs. 1.4 b PAT in 1H
Marks sharp recovery after vehicle import ban lifted
1 min |
November 14, 2025
Daily FT
Enfection showcases Al Knowledge Agents at National Al Conference 2025
ENFECTION, a marketing-technology company focused on Al-led communication and experience solutions, was selected to showcase its latest AI Knowledge Agents at the National AI Exhibition and Conference 2025, held on 29 and 30 September at the Monarch Imperial in Colombo.
1 min |
November 14, 2025
Daily FT
Kelani Valley railway upgrade stalls despite Rs. 1 b allocation
THE Kelani Valley Railway Line Project has made almost no progress despite receiving Rs. 250 million in 2024, the Parliamentary Sectoral Oversight.
1 min |
November 14, 2025
Daily FT
IMF says reviewing 2026 Budget; decision to release next tranche in coming weeks
Stresses need for Sri Lanka to continue reforms, including trade liberalisation, governance, Notes protecting vulnerable groups should be a priority
1 min |
November 14, 2025
Daily FT
Bond auction fully subscribed for first time in seven weeks
THE weekly Treasury Bond auction was fully subscribed yesterday-the first time in seven weeks that the market absorbed the entire offered amount.
1 min |
November 14, 2025
Daily FT
ICC Sri Lanka signs National Committee Partnership Agreement with ICC Academy in Singapore
ON the sidelines of the ICC Asia Pacific Regional Consultative Group (RCG) Meeting and the ICC Academy Supply Chain Finance Summit in Singapore, the International Chamber of Commerce (ICC) Sri Lanka signed a National Committee Partnership Agreement with the IC Academy, the educational arm of the International Chamber of Commerce (ICC).
1 min |
November 14, 2025
Daily FT
Indo-Lanka Handicraft and Cultural Festival 2025 kicks off
THE Indo-Lanka Handicraft and Cultural Festival 2025 was inaugurated yesterday by India’s High Commissioner to Sri Lanka Santosh Jha at the Havelock City Mall, Colombo.
1 min |
November 14, 2025
Daily FT
Experts hail Budget for consistency, discuss implementation hurdles and opportunities
Key insights shared at Daily FT-Colombo University MBA Alumni Association post-Budget Forum 2026
10+ min |
November 14, 2025
Daily FT
IFS showcases real-world impact of Al through industry-specific scenarios
Unveils five new partnerships with some of the fastest-growth Al companies looking for further expansion by applying capabilities with IFS.ai
3 min |
November 14, 2025
Daily FT
Govt. disburses over Rs. 4 b to SMEs: Treasury debunks critics
Dr. Harshana Suriyapperuma clarifies Govt.-led and private sector-driven initiatives progressing well, with disbursements and reforms advancing faster than perceived, Says over 90% of, Rs. 20 b allocation already disbursed, Anticipates higher revenue target for 2026 as number of LCs opened for vehicle imports continue to soar
2 min |
November 14, 2025
Daily FT
Sampath Bank books nine-month PAT of Rs. 21.5 b, up 21% YoY
SAMPATH Bank has produced strong results for the nine months ended 30 September, maintaining its growth momentum in 2025.
6 min |
November 14, 2025
Daily FT
DENZA drives into Sri Lanka in South Asian debut
SRI Lanka has officially welcomed DENZA, the premium new energy vehicle (NEV) brand from the BYD Group marking its first foray into South Asia, in an exclusive event at Waters Edge on Wednesday.
2 min |
November 14, 2025
Daily FT
CA Sri Lanka seminar analyses 2026 Budget and calls for collective stewardship
CA Sri Lanka seminar analyses 2026 Budget, hails progress and calls for collective stewardship
4 min |
November 14, 2025
Daily FT
Minor Hotels Sri Lanka ushers in festive season with heartwarming Christmas cake mixing ceremonies
MINOR Hotels Sri Lanka joyfully welcomed the season of celebration with two enchanting Christmas cake mixing ceremonies held at its signature coastal sanctuaries — Anantara Peace Haven Tangalle Resort, Anantara Kalutara Resort, and Avani Kalutara Resort.
1 min |
November 14, 2025
Daily FT
CSE signs MoU with Seylan Bank to streamline foreign investment
THE Central Depository Systems (Pvt) Ltd. (CDS), a wholly owned subsidiary of the Colombo Stock Exchange (CSE), signed a Memorandum of Understanding (MoU) with Seylan Bank PLC to enhance the facilitation of Inward Investment Accounts (IIAs) for nonresident Sri Lankans and Foreign Individuals (FIs) who wish to open CDS accounts through the CSE Mobile App.
1 min |
November 14, 2025
Daily FT
SLIC Life partners BASL to offer exclusive retirement plans for legal fraternity
SRI Lanka Insurance Life, has partnered with the Bar Association of Sri Lanka (BASL) to introduce the Sri Lanka Insurance Life Rakawarana Retirement Plan, an exclusive retirement plan designed for the legal community.
2 min |