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Daily FT

Private sector borrowings spike to record Rs. 236 b in Sept.

TOTAL private sector borrowings in September spiked to a record Rs. 236.3 billion, resulting in the total outstanding amount reaching Rs. 9.52 trillion, up 22.1% from a year ago.

1 min  |

November 10, 2025
Daily FT

Daily FT

Harsha slams 2026 Budget, decries Rs. 1 t deception

SJB MP points to Rs. 1 t deception; says Treasury overflowing while poor taxed more ™ Says Budget 2026 built on broken promises, false narratives @ Labels housing, loan plans for State workers “a joke” 1 Warns of new property tax and record Rs. 3.8 t borrowing ™ Accuses Govt. of failing youth, SMEs and elderly

3 min  |

November 10, 2025
Daily FT

Daily FT

Boards that deliver: Embedding accountability and competence into sustainability governance

A reflection on how boards can navigate the evolving expectations of sustainability governance with empathy, balance, and purpose

8 min  |

November 10, 2025

Daily FT

Seven Sri Lankan drug traffickers abroad express willingness to surrender: Minister

PUBLIC Security Minister Ananda Wijepala yesterday revealed that seven Sri Lankan nationals involved in drug traffickingand currently hiding in Middle Eastern countries have indicated their readiness to surrender to jocal authorities.

1 min  |

November 10, 2025
Daily FT

Daily FT

ICT veteran Jayantha Fernando joins LOLC Finance Board

LOLC Finance PLC has appointed Jayantha Fernando to its Board as a Non-Executive Independent Director.

1 min  |

November 10, 2025

Daily FT

CBSL tightens vehicle loan limits to curb financial sector risk

THE Central Bank of Sri Lanka (CBSL) has tightened credit conditions for vehicle financing by reducing the maximum loan-to-value (LTV) ratios that banks and finance companies can offer, effective 8 November 2025.

1 min  |

November 10, 2025

Daily FT

Ceylon Chamber says Budget 2026 reinforces policy stability, calls for faster reforms to achieve growth

Seeks clarification on Economic Transformation Act and reforms to key investment institutions Suggests reform progress tied to B-Ready Index Urges fast-tracking legislation related to SOE and PPP reforms to deliver the growth dividends expected from structural measures

2 min  |

November 10, 2025

Daily FT

Trinity awards Lion and Colours for 2025 rugby

TRINITY College recently awarded Lion and Colours for their rugby outfit during the 2025 season’s performances.

1 min  |

November 10, 2025
Daily FT

Daily FT

Sarvajana Trust launches as pathway to grassroots empowerment

THE Sarvajana Trust, an independent trust fund dedicated to empowering women and youth across Sri Lanka, was officially launched last week in Colombo.

1 min  |

November 10, 2025

Daily FT

Shippers’ Academy awareness workshop on best practices in international sales contracts

THE Shippers’ Academy Colombo will be conducting an awareness workshop on best practices to be established in international sales contracts for merchandise cargo on 19 November from 9.00 a.m. to 12.30 p.m. at the Distance Learning Centre, Colombo 7.

1 min  |

November 10, 2025

Daily FT

SL, Saudi discuss maritime industry cooperation

AMBASSADOR of Sri Lanka to the Kingdom of Saudi Arabia, Ameer Ajwad, met with Minister of Transport and Logistics Services of Saudi Arabia, Eng. Saleh bin Nasser bin Alali Aljasser, for a productive discussion on enhancing cooperation in the fields of maritime, ports, and aviation between the two countries.

1 min  |

November 10, 2025
Daily FT

Daily FT

KALBE Sri Lanka launches 'Test for Them' campaign for World Diabetes Day 2025

Free diabetes screenings across Western Province from 14-30 November

1 min  |

November 10, 2025
Daily FT

Daily FT

England beat physical Fiji for ninth consecutive win

ENGLAND scored four second-half tries to see off a tough Fiji side in their second autumn international at Allianz Stadium on Saturday.

1 min  |

November 10, 2025

Daily FT

Budget 2026: Reforming public sector

PRESIDENT Anura Kumara Disanayake on Friday presented what seemed at first glance a pragmatic and forward looking Budget 2026 with strong emphasis on rebuilding, modernisation, and restoring investor and public confidence.

2 min  |

November 10, 2025
Daily FT

Daily FT

CA Sri Lanka convocation sees record 617 new Chartered Accountants

THE grandeur of the Bandaranaike Memorial International Conference Hall (BMICH) on Friday provided a fitting backdrop for a historic moment in Sri Lanka's professional landscape as the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) not only held a convocation but staged a celebration of ambition and excellence, welcoming a record-breaking 617 new Chartered Accountants.

1 min  |

November 10, 2025

Daily FT

COYLE Leadership Forum 2025 today

THE Chamber of Lankan Entrepreneurs (COYLE) is once again championing Sri Lanka’s entrepreneurial spirit with the much-anticipated ‘I AM COYLE Leadership Forum 2025’, today from 5.30 p.m. onwards at the Shangri-La Hotel, Colombo.

1 min  |

November 10, 2025

Daily FT

XpressJobs named Official Recruitment Partner for Automobile Industry Awards 2025

XPRESSJOBS has officially partnered with the Automobile Industry Awards 2025 as the Official Recruitment Partner.

1 min  |

November 10, 2025
Daily FT

Daily FT

Secondary Bond market turns bullish

THE secondary Government securities market commenced last week on a positive note, extending the momentum from the prior week’s rally. The surge in demand drove yields sharply lower, particularly across the 2026~2030 maturities resulting in a further downward shift in the overall yield curve amid robust activity and volume levels

3 min  |

November 10, 2025
Daily FT

Daily FT

Sisira Dabare appointed Softlogic Finance Deputy Chairman

SOFTLOGIC Finance PLC has announced the appointment of Hewage Sisira Samantha Dabare, Senior Independent Non-Executive Director as Deputy Chairman.

1 min  |

November 10, 2025

Daily FT

Bank of Ceylon marks 11th anniversary in Seychelles

A delegation from the Bank of Ceylon (BOC), led by Chairman Kavinda de Zoysa, Acting Chief Executive Officer Y.A. Jayathilaka, and Country Manager Rajith Thushantha, paid a courtesy call on the Acting High Commissioner of Sri Lanka to the Republic of Seychelles, Manisha Perera, at the High Commission in Victoria recently.

1 min  |

November 10, 2025

Daily FT

Colombo Dockyard signs Classification Service Agreement with Bureau Veritas for new Cable Laying and Repair Vessels

THE Colombo Dockyard PLC (CDPLC) has signed the Classification Service Agreement with Bureau Veritas (BV) for the newly contracted two Cable Laying and Repair Vessels ordered by Orange Marine of France.

1 min  |

November 10, 2025

Daily FT

Govt.'s Balance Sheet proves positive results; new values system: President

During 2026 Budget presentation in Parliament takes dig at past regimes exposing their terrible, immoral, and ugly systems in first year in office

2 min  |

November 08, 2025

Daily FT

Vijitha to attend World Tourism Organisation's General Assembly in Riyadh

TOURISM Minister Vijitha Herath will undertake an official visit to Riyadh, Kingdom of Saudi Arabia, from 8 to 11 November, to attend the 26th Session of the General Assembly of the World Tourism Organisation (UNWTO).

1 min  |

November 08, 2025

Daily FT

Kunming Biodiversity Fund approves $5.8 m in funding for FAO-led projects in SL among others

Initiative aimed at achieving global biodiversity goals through sustainable agriculture

2 min  |

November 08, 2025

Daily FT

President rules out another debt default; shows why

Reveals debt serviced up to $1.95 b year to date and only $ 487 m remaining for 2025 figure which is $ 761 m higher than $1.6 b serviced in 2024; 2028 figure is only $ 824 m higher from 2025; We will still be in power in 2028 and we will pay, assures opponents and critics

2 min  |

November 08, 2025

Daily FT

Central Bank seeks public feedback on proposed amendments to Finance Business Act

THE Central Bank of Sri Lanka (CBSL) has called for public input on proposed amendments to the Finance Business Act (FBA) aimed at strengthening the regulation, supervision and resolution framework for finance companies and addressing unauthorised financial activities.

1 min  |

November 08, 2025

Daily FT

Budget 2026 extends unprecedented economic discipline: Ceylon Chamber Chief

Krishan Balendra says sustained stability could be a game changer for private sector at EY Sri Lanka post-Budget forum; Highlights economy shows signs of macroeconomic turnaround, with strong revenue growth, low inflation and interest rates, reduced fiscal deficit, and current account surplus; Points to SOEs now break-even or post profits, reflecting improved fiscal discipline and reforms; Asserts Central Bank's legal independence boosts investor confidence; Notes commercial banks beginning to offer 10 years fixed-rate mortgages; something previously unheard of; Urges an export-focused reform phase, calling for targeted policies to develop one or two scalable manufacturing sectors SL has comparative advantage

2 min  |

November 08, 2025

Daily FT

ITAK urges President not to appoint members from security backgrounds to Office of Repatriation

THE Ilankai Tamil Arasu Kadchi (ITAK) has urged President Anura Kumara Dissanayake not to appoint members with security backgrounds to the Office of Reparations (OoR), which has four vacancies.

1 min  |

November 08, 2025

Daily FT

Investor optimism over 2026 Budget sustains CSE bull-run

THE Colombo stock market ended the week on a positive note yesterday, with both key indices rising sharply as investors reacted favourably to the Budget presented by President and Finance Minister Anura Kumara Disanayake.

1 min  |

November 08, 2025

Daily FT

Opposition slams Budget 2026 as 'IMF-scripted', lacking relief for people

Opposition and SJB leader Sajith Premadasa accuses Govt. of betraying public trust

2 min  |

November 08, 2025
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