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Daily FT

Full implementation of new minimum wage law to raise pay to Rs. 27,000

CABINET Spokesman and Minister Dr. Nalinda Jayatissa yesterday said the Cabinet has approved the implementation of the National Minimum Wage of Workers (Amendment) Act, No. 11 of 2025, which raises the monthly minimum wage for private sector employees from Rs. 17,500 to Rs. 27,000 with effect from 1 April 2025.

1 min  |

October 15, 2025
Daily FT

Daily FT

Secondary Bond market yields remain in consolidation phase

■Activity and transaction volumes pick up Rs. 77.5 b Treasury Bill auction in focus ■Rupee depreciates

2 min  |

October 15, 2025

Daily FT

England Women's Cricket Team teach the champion girls' sport in Sri Lanka

THE England Women's Cricket Team joined young girls from 12 districts on Sunday, 12 October for an outreach event at the Sinhalese Sports Club in Colombo. The program organised by Child Action Lanka and the British High Commission showcased the transformative power of sport to empower girls and strengthen communities whilst highlighting the enduring ties between the UK and Sri Lanka.

1 min  |

October 15, 2025

Daily FT

Over 3,000 Lankans leave for S. Korea jobs by Oct.

THE Sri Lanka Bureau of Foreign Employment (SLBFE) has announced that over 3,000 Sri Lankans will depart for jobs in South Korea by the end of October this year.

1 min  |

October 15, 2025
Daily FT

Daily FT

Govt. to draft new amendments to Port City law

CABINET Spokesman and Minister Dr. Nalinda Jayatissa yesterday said the Cabinet has approved a proposal by President Anura Kumara Disanayake to instruct the Legal Draftsman to prepare amendments to the Colombo Port City Economic Commission Act, No. 11 of 2021.

1 min  |

October 15, 2025

Daily FT

Gold prices hit record high

GOLD prices reached a new peak yesterday, with the price of a 22-carat gold sovereign rising to Rs. 337,600 in the Colombo Pettah market.

1 min  |

October 15, 2025
Daily FT

Daily FT

Janashakthi Finance expands footprint in East

JANASHAKTHI Finance PLC, a subsidiary of JXG (Janashakthi Group), recently opened its newest branch in Kalmunai, marking the company's strategic expansion into the Eastern region of Sri Lanka.

1 min  |

October 15, 2025

Daily FT

CEB unions suspend strike

ALL trade unions of the Ceylon Electricity Board (CEB) yesterday decided to suspend the trade union action they launched on 4 September following discussions with Energy Minister Kumara Jayakody.

1 min  |

October 15, 2025
Daily FT

Daily FT

Power of a wish: Make-A-Wish Sri Lanka transforming lives

A seven-year-old boy dreams of being a police officer. He puts on the uniform, sits in a patrol car, and for a brief moment, steps into a world where illness does not define him. Four months later, he passes away—but not before experiencing a joy that will linger in his family's heart forever.

4 min  |

October 15, 2025
Daily FT

Daily FT

Sri Lanka Esports highlights nation's presence at NGSC during ENC launch

SRI Lanka Esports was represented at the New Global Sport Conference (NGSC) 2025 in Riyadh by its President, Raveen Wijayatilake, where the Esports Nations Cup (ENC) was officially announced, marking a landmark moment for the future of Esports globally.

1 min  |

October 15, 2025
Daily FT

Daily FT

Trending trade in rare earths: Turning Sri Lanka's mineral potential into national power

The invisible minerals powering our world

5 min  |

October 15, 2025

Daily FT

CSE closes up, market capitalisation sets new benchmark crossing Rs. 8 t

COLOMBO stock market closed in green yesterday with capitalisation crossing Rs. 8 trillion for the first time.

1 min  |

October 15, 2025

Daily FT

eChannelling launches eMindCare as holistic digital platform for mental wellbeing

ECHANNEL-LING has launched 'eMindCare,' a first-of-its-kind holistic mental wellbeing platform designed to make expert mental health and psychosocial wellbeing services more accessible, inclusive, and stigma-free.

1 min  |

October 15, 2025

Daily FT

Hemas Pharmaceuticals partners Oproma Cosmetics to launch 'Hair Buddy'

HEMAS Pharmaceuticals Ltd., a subsidiary under Hemas Holdings PLC, recently announced the arrival of its latest hair care product with the launch of Hair Buddy.

1 min  |

October 15, 2025

Daily FT

Descent of Sri Lanka's public sector

REPRESENTING a dismal assessment, the World Bank in its recent Sri Lanka Public Finance Review report had observed that the island's public sector employees earn less than their peers in the private sector as well as counterparts in comparable economies.

2 min  |

October 15, 2025

Daily FT

Govt. to procure Rs. 2.5 b worth of medical supplies

CABINET Spokesman and Health Minister Dr. Nalinda Jayatissa yesterday said the Cabinet has approved several key medical procurements valued at around Rs. 2.5 billion to ensure the steady supply of essential medicines and equipment across State hospitals.

1 min  |

October 15, 2025
Daily FT

Daily FT

NOC SL committed to empowering youth athletes at Asian Youth Games 2025 - NOC SL President

SRI Lanka is poised to make a strong impression at the third Asian Youth Games 2025 in Manama, Bahrain from 22 October till 31 October. Sri Lanka will send 56 boys and 44 girls a total of 100 athletes in 12 sports.

1 min  |

October 15, 2025

Daily FT

Let's talk about it: Ending stigma around mental health in Sri Lanka

IN many Sri Lankan households, the moment you speak of seeing a psychiatrist or psychologist, is enough to bring a conversation to a standstill.

2 min  |

October 15, 2025
Daily FT

Daily FT

Walpola heads Ananda rugby coaching unit

ANANDA College has announced the appointment of Anuranga Walpola as their Head Coach of their 1st XV rugby team for the 2026 season.

1 min  |

October 15, 2025
Daily FT

Daily FT

Sri Lanka reaffirms commitment to gender equality at Beijing summit

PRIME Minister Dr. Harini Amarasuriya yesterday reaffirmed Sri Lanka's commitment to advancing the rights and well-being of women and girls, underscoring the need to turn equality principles into concrete action.

1 min  |

October 15, 2025

Daily FT

Sri Lanka to sign anti-money laundering MoUs with Vatican, Mauritius

SRI Lanka's Financial Intelligence Unit (FIU) of the Central Bank is set to sign Memoranda of Understanding (MoUs) with the Financial Intelligence Units of Vatican City State and Mauritius to strengthen coop- eration in combating money laundering, terrorism financ- ing, and proliferation financing.

1 min  |

October 15, 2025

Daily FT

Bandara leads Day One at National Ranking Tournament

THE opening day of the National Ranking Golf Tournament teed off at Victoria Golf Resort, Rajawella, where Vijitha Bandara took an early lead with a superb round of 71.

1 min  |

October 15, 2025

Daily FT

Sri Lanka's best batting drowned by bad weather

Nilakshika Silva smacks fastest fifty off 26 balls

2 min  |

October 15, 2025
Daily FT

Daily FT

LOLC Group drives Ceylon Motor Show 2025 as exclusive sponsor

THE LOLC Group, has announced its partnership as the exclusive Sponsor of the Ceylon Motor Show 2025, largest and only international-standard automotive exhibition in the country.

2 min  |

October 14, 2025
Daily FT

Daily FT

South Africa hold nerve to beat Bangladesh in classic thriller

ICC WOMEN'S CRICKET WORLD CUP

2 min  |

October 14, 2025
Daily FT

Daily FT

Coca-Cola appoints Mario Perera as Country Head for Sri Lanka and Maldives

THE Coca-Cola Company yesterday announced the appointment of Mario Perera as Country Head fo Sri Lanka and the Maldives With over 14 years of experience in the food and beverage (F&B) industry, Mario brings extensive regional and global leadership experience, having managed global brands across multiple countries.

1 min  |

October 14, 2025

Daily FT

World Elite acquires 50% Gestetner stake for Rs. 318.7 m

GESTETNER of Ceylon PLC yesterday said that Hong Kong-based World Elite Ltd. has acquired a controlling 50.01% stake in the company through trades executed in the market.

1 min  |

October 14, 2025
Daily FT

Daily FT

Court upholds fair access for tourism operators in Samanalawewa

ECO Team Group, the pioneer of canoeing and kayaking in Samanalawewa, has welcomed a recent Court of Appeal ruling reinforcing fair and transparent access to the lake for all tourism operators.

1 min  |

October 14, 2025
Daily FT

Daily FT

NDB Bank partners DIMO to expand customer-friendly leasing solutions

NDB Bank recently entered into a Memorandum of Understanding (MoU) with DIMO to extend affordable and accessible leasing facilites to.a wide spectrum of customers.

1 min  |

October 14, 2025
Daily FT

Daily FT

Deutsche Bank says SL at turning point; will step up support

GERMANY'S multinational financial services giant Deutsche Bank last week said with macroeconomic indicators improving Sri Lanka is at a turning point and it will step up being a conduit for global capital, enabling trade and investment.

2 min  |

October 14, 2025
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