Newspaper
Daily FT
Sri Lankan Kabaddi and Beach Volleyball teams eye medals in Bahrain
SRI Lanka contingent competing at the Asian Youth Games 2025 in Bahrain had plenty to cheer about as both the Men’s Kabaddi and Beach Volleyball teams recorded impressive victories to move closer to medal contention These results have given the Sri Lankan camp renewed confidence as the Games enter their decisive stages.
1 min |
October 22, 2025
Daily FT
Credit card balances up 3.9% YTD Aug. to Rs. 164 b
LATEST data from the Central Bank of Sri Lanka (CBSL) shows that total outstanding balance on credit cards rose to Rs. 164.2 billion in August, up 3.9% from end-2024 and a 1.8% gain from the previous month.
1 min |
October 22, 2025
Daily FT
Fixing the tax code: Fairness in, distortions out
KAUTILYA, the chief advisor to Chandragupta Maurya in the 3rd century BC, wrote in his treatise The Arthashastra that taxes should be collected \"just as a bee collects honey from a flower without disturbing its petals.\"
10 min |
October 22, 2025
Daily FT
CBSL, Gem Authority direct dealers to appoint compliance officers
THE Central Bank of Sri Lanka (CBSL) and the National Gem and Jewellery Authority (NGJA) have called on gem dealers to appoint compliance officers to help curb money laundering in the sector.
1 min |
October 22, 2025
Daily FT
Casino levy raised to 18%, local entry fee doubled to $ 100
PRIME Minister Harini Amarasuriya yesterday tabled in Parliament the gazette giving effect to an increase in the levy on casino operators from 10% to 18%, effective from 1 October 2025.
1 min |
October 22, 2025
Daily FT
Sri Lanka calls for urgent global reforms at UN trade summit
TRADE Minister Wasantha Samarasinghe called for urgent reforms to address widening inequalities in the global economy, speaking at the opening of the 16th United Nations Conference on Trade and Development (UNCTAD) in Geneva on Monday.
1 min |
October 22, 2025
Daily FT
ICTA says online Govt. services now fully operational
THE Information Communication Technology Agency of Sri Lanka (ICTA) yesterday said the technical issues which caused the recent disruption to the Lanka Government Cloud (LGC) services have been fully resolved. All affected online Government services are now fully operational and accessible to the public.
1 min |
October 22, 2025
Daily FT
SriLankan Airlines' earnings fall 134% YoY to Rs. 2.7 b loss
Annual report shows shareholder funds at a negative Rs. 379.5 b for FY 2024/25 Loss after Rs. 7.9 b profit previous year from unscheduled Rs. 2.2 b engine repair costs, Rs. 31.6 b net finance charges Passenger revenue down 15% YoY to Rs. 234.5 b Unpaid International Bonds with interest $ 211.57 m
3 min |
October 22, 2025
Daily FT
Rayynor Silva enters Seylan Bank as Dhammika Perera exits selling 5% for Rs. 1.5 b
Diversifies banking sector portfolio which includes 10% of Sampath, DFCC and 1% of Commercial Bank
1 min |
October 22, 2025
Daily FT
Dhammika Kalapuge launches new public program “Sinhalaen Customer Service”
SERVICE excellence trainer Dhammika Kalapuge presented his first-ever Sinhala public program on Customer Experience, titled 'Sinhalen Customer Service,' on 12 October 2025, at the Cinnamon Grand Hotel.
2 min |
October 22, 2025
Daily FT
University of West London opens first UK branch campus in Colombo with ANC Education
ANC will upgrade and redevelop its existing building into a dedicated UWL branch campus by 2026 Campus will offer 15 undergraduate and 12 structured postgraduate programs by 2026 New degrees cover high-demand areas with industry aligned programs Founding goal partnership began in 2012 to deliver identical UK programs and produce job-ready graduates Students gain direct enrolment with University of West London for qualifications and global networks Degree costs will be significantly lower than pursuing the same programs in UK
3 min |
October 22, 2025
Daily FT
Suwa Seriya name change —Nissanka Malla 2.0
THE Government has clandestinely changed the name of Sri Lanka’s highly acclaimed pre-hospital, emergency ambulance service from Suwa Seriya to Sri Lanka Emergency Medical Service.
2 min |
October 22, 2025
Daily FT
Lanka Rating Agency assigns 'A+ (f)' stability rating to Astrue Money Market Fund
LANKA Rating Agency Ltd. (LRA) has assigned an initial fund stability rating of ‘A+ (f)’ with a Stable Outlook to the Astrue Money Market Fund, managed by Asset Trust Management Ltd.
2 min |
October 22, 2025
Daily FT
Spa Ceylon and Shangri-La Colombo collaborate to launch SleepCation
RESPONDING to a timely and augmenting demand globally as well as locally and fulfilling a niche in terms of wellness tourism in Sri Lanka, Spa Ceylon Ayurveda Wellness in partnership with Shangri-La Colombo, has introduced the groundbreaking concept of SleepCation, a vacation that prioritises deep, restorative and luxurious sleep for the first time in Sri Lanka.
2 min |
October 22, 2025
Daily FT
When brands take a stand: High-stakes game of activism marketing
AS marketers, we were all recently exposed to a communication campaign by a popular tea brand in Sri Lanka that sparked significant discussion on social media, with certain audiences and factions deeming it controversial.
3 min |
October 22, 2025
Daily FT
President reassigns key institutions under ministries
PRESIDENT Anura Kumara Disanayake has issued a special gazette, dated 18 October 2025, redefining the functions and institutions coming under several ministries following the recent Cabinet reshuffle.
2 min |
October 22, 2025
Daily FT
Imperial Institute of Leadership and Strategy to shape Sri Lanka's future-ready leaders
MARKING a bold new chapter in Sri Lanka’s educational and leadership landscape, the Imperial Group officially launched the Imperial Institute of Leadership and Strategy (IILS), a pioneering institution dedicated to advancing leadership excellence, strategic capability, and transformational impact in Sri Lanka.
2 min |
October 22, 2025
Daily FT
Sudheera Epitakumbura joins Maskeliya Plantations Board
MASKELIYA Plantations PLC has appointed Sudheera Epitakumbura to its Board as a Non-Independent Non-Executive Director.
1 min |
October 22, 2025
Daily FT
Bond yields remain steady ahead of weekly-bills auction
THE secondary Bond market commenced the week on a steady note yesterday as yields remained steady. Limited trades were seen on the maturities of 15.01.27, 15.09.27 and 01.10.32 at levels of 8.39%, 8.83% and 10.55% respectively.
1 min |
October 22, 2025
Daily FT
Harin appointed UNP Deputy Secretary General of Political Mobilisation
THE United National Party (UNP) has announced the creation of a new senior position within the party structure, appointing former Minister Harin Fernando as Deputy Secretary General of Political Mobilisation.
1 min |
October 22, 2025
Daily FT
Havelock City Mall celebrates two years with 'Tenant Partner Excellence Awards'
THE milestone event recognises two years of creating a vibrant community hub for shopping, dining, and entertainment while also honouring the partners who have made this journey remarkable.
1 min |
October 22, 2025
Daily FT
Paris 2024 Olympian and Sri Lanka's National Swimming Captain Kyle Abeysinghe becomes HNB Sports Ambassador
HNB PLC has announced the appointment of Kyle Abeysinghe, Sri Lanka's National Swimming Captain and Paris 2024 Olympian, as its newest Sports Ambassador. The partnership marks a shared commitment to advancing Sri Lanka’s sporting excellence and nurturing the next generation of athletes.
2 min |
October 22, 2025
Daily FT
Panasian Power connects 5MW Ampara solar plant to national grid
PANASIAN Power PLC yesterday said it has successfully connected a 5MW ground-mounted solar project at Deegawapiya, Ampara, to the national grid through the Ampara Grid Substation on 17 October 2025.
1 min |
October 22, 2025
Daily FT
Great Place To Work Sri Lanka hosts regional conference
GREAT Place To Work Sri Lanka recently has hosted its flagship conference at the Hilton Colombo, bringing together industry and HR leaders to explore trust, culture, and leadership in building resilient, inclusive, and people-centred workplaces.
2 min |
October 22, 2025
Daily FT
Dialog powered Sri Lanka team chase glory at Central Asian Nations Cup in Bangladesh
THE national men's volleyball team, powered by Dialog Axiata PLC, will face Afghanistan today in their second fixture of the Central Asian Nations Cup Men's Volleyball Championship, currently taking place in Bangladesh. The match is scheduled to commence at 1 p.m. local time.
1 min |
October 22, 2025
Daily FT
Kelly Felder expands fashion footprint; opens latest outlet in Wattala
KELLY Felder has expanded its fashion footprint with the opening of latest outlet in Wattala.
1 min |
October 22, 2025
Daily FT
Sri Lanka showcases tourism potential at TTG Travel Experience 2025
SRI Lanka made a strong presence at the TTG Travel Experience 2025, Italy’s leading international travel and tourism fair, held from 8 to 10 October 2025 at the Rimini Expo Centre.
1 min |
October 22, 2025
Daily FT
People's Bank participates in CBSL “Pay Digital” initiative
PEOPLE’S Bank has taken part “Pay Digital” initiative organised by the Central Bank of Sri Lanka (CBSL) recently at its Headquarters in Colombo.
1 min |
October 22, 2025
Daily FT
AI workshop held to promote digital transformation in public service
A workshop aimed at raising awareness among Government executive officers on the use of Artificial Intelligence (AI) to improve public sector productivity and efficiency was held on 17 October at the Rabindranath Tagore Memorial Auditorium of the University of Ruhuna.
1 min |
October 22, 2025
Daily FT
SLICGL reports strong nine-month performance for 2025
Sustained growth and stability reaffirm SLICGL's leadership as Sri Lanka's premier state-owned insurer
2 min |