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Daily FT

Daily FT

Empowering future leaders: ICCSL's tax awareness drive in universities

EDUCATING youth on taxation is not merely a lesson in finance; it is an investment in the nation's future. Recognising this, the International Chamber of Commerce Sri Lanka (ICCSL) has launched a series of university-level awareness programs aimed at helping young people understand the importance of taxation and its role in responsible citizenship.

2 min  |

October 17, 2025

Daily FT

Customs records highest single-day revenue of Rs. 25 b

SRI Lanka Customs (SLC) has reported its highest-ever single-day revenue collection, earning Rs. 24.9 billion on 15 October, SLC sourees said.

1 min  |

October 17, 2025
Daily FT

Daily FT

Dumindra Ratnayaka appointed Chairman of Avinya Foundation

DUMINDRA Ratnayaka has been appointed as the Chairman of Avinya Foundation, a registered nonprofit, philanthropic organisation that provides scholarships to underprivileged Sri Lankan youth. He takes over as Chairman from Avinya Foundation Founder Dr. Sanjiva Weerawarana, who is also the CEO and Founder of W502.

2 min  |

October 17, 2025

Daily FT

NPP Govt's first Cabinet reshuffle

PRESIDENT Anura Kumara Disanayake undertook the NPP Government’s first Cabinet reshuffle last week, which saw the appointment of three new ministers and 10 additional deputy ministers. Governments across the world carry out cabinet reshuffles due to a multiplicity of reasons. Cabinet reshuffles become necessary when presidents and prime ministers are compelled to remove ministers from their existing portfolios due to their ill-advised decisions and actions as their continuous presence in the same ministerial positions has an adverse impact on the Government’s popularity.

2 min  |

October 17, 2025
Daily FT

Daily FT

Lanka Ashok Leyland reports strong first half results with Rs. 7.75 b revenue

Supported by local industry growth and Govt. collaboration Plans to re-launch Ultra Low Floor AC buses for city operations

1 min  |

October 17, 2025

Daily FT

Salesforce elevates human potential in age of AI with Agentforce 360

Introduces world's first platform designed to connect humans and AI agents in one trusted system — empowering every employee to achieve more, every customer-facing moment to deliver more, and every company to operate with unprecedented intelligence and speed

4 min  |

October 17, 2025
Daily FT

Daily FT

Galle’s cricketing icon Warnaweera dies at 64

FORMER Sri Lanka Test cricketer and former curator of the Galle International Cricket Stadium Jayananda Warnaweera died at the age of 64 yesterday.

1 min  |

October 17, 2025
Daily FT

Daily FT

A breath of Kandy on the road

EVERY morning, I watch Kandy wake up — and cough. The horns, the fumes, the endless line of vehicles crawling through our small city. As someone who has lived here all my life, I no longer remember what clean air smells like. I've sat countless times behind a bus blocking an entire lane, waiting while it collects passengers in the middle of the road, only to be rewarded with a thick black cloud of exhaust when it finally moves.

4 min  |

October 17, 2025
Daily FT

Daily FT

Union Assurance recognises Seylan Bank's 2024 Bancassurance champions

UNION Assurance hosted an exclusive engagement program and awards ceremony for the Seylan Bank Bancassurance channel at the luxurious Hikka Tranz by Cinnamon. The event, which featured an overnight stay at the hotel, brought together over 80 Seylan Bank staff from branches across the island in a vibrant and inspiring setting.

1 min  |

October 17, 2025
Daily FT

Daily FT

Sirimavo Bandaranaike, the grand old lady of Sri Lankan politics

TWENTY-FIVE years have passed since the world’s first woman Prime Minister Sirimavo Bandaranaike passed away on 10 October 2000. Parliamentary elections were being held on that day and the grand old lady of Sri Lankan politics was returning to Colombo from Gampaha district after casting her vote in Horagolla. Sirimavo suffered a heart attack when her vehicle was in Kadawatta enroute to Colombo.

8 min  |

October 17, 2025

Daily FT

IRCSL expands insurance awareness to Northern Province

Key initiative in Jaffna and Kilinochchi under “Insurance for All: For a Secure Future”

2 min  |

October 17, 2025
Daily FT

Daily FT

Cinnamon Life to host Colombo's first Rooftop Oktoberfest

Elevated celebration of Bavarian flavours, music, and festivity at The Podium

1 min  |

October 17, 2025

Daily FT

"Beyond the Visible" with Lithuanian artist Tomas Lagūnavičius at Sky Gallery

STEP beyond the surface.

2 min  |

October 17, 2025
Daily FT

Daily FT

Healy’s masterful century guides Australia past Bangladesh into semi-finals

ALYSSA Healy’s masterful century led Australia to a 10-wicket win over Bangladesh at Visakhapatnam yesterday, which sealed the reigning champions’ place in the knockout stages of the ICC Women’s Cricket World Cup.

1 min  |

October 17, 2025
Daily FT

Daily FT

Central Expressway resumption a milestone of Sri Lanka-China friendship under BRI

THE full resumption of construction on Section I of the Central Expressway, linking Kadawatha to Mirigama on 17 September 2025, is far more than an infrastructure update; it is a powerful symbol of Sri Lanka’s economic renewal and a testament to the enduring friendship and strategic cooperation between Sri Lanka and China under the Belt and Road Initiative (BRI).

4 min  |

October 17, 2025

Daily FT

25% off weekday lunch buffet at Harbour Court this October

GUESTS can continue to savour a world of flavours this October with 25% off the weekday lunch buffet at Harbour Court, The Kingsbury Colombo’s renowned all-day dining destination.

1 min  |

October 17, 2025
Daily FT

Daily FT

Havelock City Mall celebrates two years

HAVELOCK City Mall celebrates its second anniversary this October under the theme 'Two Years of Smiles, Happiness, and Shared Joy'.

1 min  |

October 17, 2025
Daily FT

Daily FT

Another health 'bill' for the consumer to foot?

AS a Sri Lankan consumer, do you feel like you’re getting value for money when you make a purchase? The same Samsung 55” 4K LED Smart-TV priced at Rs. 324,999 at Unity Plaza can be bought on Amazon in America for around Rs. 110,500. Mind you, the federal minimum wage in America is $ 7.25 (Rs. 2,200 approx.) per hour while the (recently updated) national minimum wage in Sri Lanka is Rs. 1,800 per day.

3 min  |

October 17, 2025

Daily FT

Over 300,000 driver’s licences to be issued within three months

THE Parliament Secretariat yesterday said that more than 300,000 pending driver's licences are expected to be printed and distributed within the next three months, according to officials of the Transport, Highways, Ports and Civil Aviation Ministry.

1 min  |

October 17, 2025
Daily FT

Daily FT

Govt. to draft four bills under sweeping labour law reforms

New bills to cover trade unions, labour relations, occupational safety, and termination of employment. Amendments to existing laws to continue until new framework is ready. Revisions planned to laws on night work, labour protection, and employment insurance

1 min  |

October 16, 2025

Daily FT

IMF pegs 2025 global growth at 3.2%

Warns on looming trade risks, China's weak demand India growth forecast revised up

1 min  |

October 16, 2025

Daily FT

AKD orders full use of development funds

PRESIDENT Anura Kumara Disanayake has directed public officials to ensure that all financial allocations for 2025 development projects are fully utilised, warning that returning unspent funds to the Treasury undermines progress and leads to wasteful repetition of incomplete projects.

1 min  |

October 16, 2025

Daily FT

Human Rights Watch slams SL's 'ruinous' tax policies

Charges tax policies fuelled crisis and gutted education funding. Says decades of tax giveaways left State starved of revenue, deepened inequality. Urges Govt. to eliminate corporate exemptions, fund education at 4-6% of GDP

2 min  |

October 16, 2025

Daily FT

Growth momentum in manufacturing services eases in September

Outlook for manufacturing and services activities over next three months remains positive, ahead of strong year-end festive demand.

1 min  |

October 16, 2025

Daily FT

Cybercrime costs Sri Lanka up to $ 1 b a year, ADB estimates

Data Protection Authority Chair Rajeeva Bandaranaike says challenge lies in fostering culture of data privacy and cybersecurity Upcoming data and cybersecurity legislations would lay the groundwork for better governance

1 min  |

October 16, 2025

Daily FT

IPS calls for shift from cyclical rebound to structural growth

SRI Lanka must now convert its cyclical post-crisis rebound into a structurally driven growth process, the Institute of Policy Studies (IPS) said yesterday, warning that the country's recovery will hinge on deeper productivity and efficiency gains as external uncertainties persist.

1 min  |

October 16, 2025

Daily FT

Colombo Dockyard to proceed with Rights Issue

COLOMBO Dockyard PLC yesterday confirmed it will proceed with the planned Rights Issue after shareholder approval.

1 min  |

October 16, 2025
Daily FT

Daily FT

IPS calls for shift from cyclical rebound to structural growth

Says technology, digitalisation can drive faster productivity gains. Warns sustaining growth depends on reforms in land, labour, and trade. Highlights need to balance long-term reforms with short-term social demands.

2 min  |

October 16, 2025

Daily FT

LAUGFS Lubricants partners Colombo Motor Show 2025 as Official Lubricant Partner

LAUGFS Lubricants has announced its partnership with the Colombo Motor Show 2025 as the Official Lubricant Partner for the second consecutive year, following the resounding success of last year's collaboration.

1 min  |

October 16, 2025
Daily FT

Daily FT

The Steuart by Citrus reopens: Historic gem in heart of Colombo

CITRUS Leisure PLC has announced the reopening of The Steuart by Citrus, following an extensive refurbishment that breathes new life into one of Colombo's most iconic heritage properties.

1 min  |

October 16, 2025
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