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Daily FT

Daily FT

Colombo Port posts Rs. 32 b profit YTD Aug. 2025

SLPA says will reinvest earnings to boost transshipment hub status

1 min  |

October 14, 2025
Daily FT

Daily FT

Abans Group Director Dr. Dubash honoured with Visionary Leadership Award

ABANS Group has announced that Group Director Dr. Saroshi Dubash has been recognised with the ‘Visionary Leadership in Organizational Excellence’ Award at the 15th Top 50 Professional & Career Women Global Awards 2025, held at Shangri-La Colombo on 9 October.

1 min  |

October 14, 2025
Daily FT

Daily FT

Indian banks can lend in INR in SL, Bhutan, and Nepal

THE Reserve Bank of India has amended regulations allowing Indian banks to extend loans in Indian rupees (INR) to banks and individuals residing in Sri Lanka, Bhutan, and Nepal.

1 min  |

October 14, 2025
Daily FT

Daily FT

Assetline Finance celebrates 60th branch opening

ASSETLINE Finance Ltd., PLC (AFL), the flagship company under the financial services arm of David Pieris Holdings, celebrated an important expansion milestone recently, with the official opening of the 60th branch in Ja-Ela, emphasising the company's commitment to deliver accessible customer-centric financial solutions, to Sri Lankan citizens.

1 min  |

October 14, 2025
Daily FT

Daily FT

PE veteran Nissanka Weerasekera joins Lanka Ventures, LVL Energy Fund Boards

LANKA Ventures PLC and LVL Energy Fund PLC have appointed Private Equity veteran Nissanka Weerasekera to their Boards as an Independent Non-Executive Directo.

1 min  |

October 14, 2025

Daily FT

Value-Based Banking' GABV Asia-Pacific Chapter Meeting 2025 in Colombo

THE Global Alliance for Banking on Values (GABV) will host its Asia-Pacific Chapter Meeting 2025 in Colombo, Sri Lanka, from 15 to 16 October, bringing together CEOs and senior leaders from over 20 member banks across the region.

2 min  |

October 14, 2025

Daily FT

New Finance and Economic Development Deputy Ministers resume duties

ANIL Jayantha Fernando and U.D. Nishantha Jayaweera assumed duties yesterday as Finance and Planning Deputy Minister and Economic Development Deputy Minister, respectively.

1 min  |

October 14, 2025
Daily FT

Daily FT

Traffic Police: It’s time you moved away from ‘white line’ fixation

HERE’S a note of caution to all fellow motorists driving on A6 towards Dambulla. There’s a permanent Police Post located between Melsiripura and Beligamuwa.

7 min  |

October 14, 2025
Daily FT

Daily FT

SLIC General promotes road safety with 'I Am a Safe Driver' campaign on World Children's Day

SRI Lanka Insurance Corporation General Ltd., (SLICGL) recently conducted an unprecedented national mobilisation movement, with the launch of'I Am a Safe Driver'campaign in every district of Sri Lanka to coordinate one of the largest child safety awareness drives ever undertaken in the country.

1 min  |

October 14, 2025
Daily FT

Daily FT

Moody's flags SL's weak revenue risks, external funding reliance

Completes periodic review, says growth to moderate to 4.5% in 2025 Fiscal deficit projected to narrow to 6-6.5% of GDP with primary surplus intact

4 min  |

October 14, 2025
Daily FT

Daily FT

LAUGFS suspends Dubai operations, to appeal US sanctions listing

Says committed to integrity, transparency, and adherence to international regulatory frameworks, Asserts never knowingly engaged in, or facilitated, any trade involving sanctioned entities

1 min  |

October 14, 2025

Daily FT

Bangladesh waives VAT on local supplies to boost export competitiveness

AS Sri Lanka’s exporters face disruption from the removal of the Simplified VAT (SVAT) scheme here at home, competitor Bangladesh has moved in the opposite direction by waiving value-added tax (VAT) on locally sourced raw materials and services used for exports to strengthen competitiveness.

1 min  |

October 14, 2025
Daily FT

Daily FT

President urges plantation companies to increase worker wages

PRESIDENT Anura Kumara Disanayake held discussions yesterday with representatives of plantation companies regarding the proposed increase in estate workers’ daily wage where he said the Government would support the industry to implement the wage increment.

1 min  |

October 14, 2025
Daily FT

Daily FT

World Marketing Forum 2025 to be held in SL for the first time

WMF 2025 to kickoff from 11-16 November Targets 50, and 47 confirmed international participation

4 min  |

October 14, 2025
Daily FT

Daily FT

SDB bank joins People's Economic Forum hosted by SANASA International

SDB bank partnered the People's Economic Forum 2025, held on 26 September at the Hilton Colombo. Organised by SANASA International in partnership with the SANASA Movement, SDB Bank, Uttamavi Company, SANASA Life Insurance, and SANASA General Insurance, the summit highlighted the central role of cooperatives in advancing economic democracy, sustainable agriculture, and community resilience.

2 min  |

October 14, 2025

Daily FT

Stellar line-up for Sri Lanka Retail Forum 2025 “Retail Reimagined: Where Al Meets the Human Edge"

THE Sri Lanka Retailers’ Association (SLRA) presents the Sri Lanka Retail Forum 2025, themed “Retail Reimagined — Where Al Meets the Human Edge.”

1 min  |

October 14, 2025

Daily FT

WindForce announces another 10 MW wind project

WINDFORCE PLC has announced the acquisition of a 51% equity stake in Safe Power International Ltd., with the remaining 49% held by Arinma Power Ltd. A Shareholder Agreement formalising this partnership was executed on 3 October 2025.

1 min  |

October 14, 2025

Daily FT

CSE opens week on mixed note

COLOMBO stock market began the week yesterday on a mixed note with the ASPI closing flat, up just 0.01% or 2.36 points to 22,321.08 while the active S&P SL20 fell 0.30% to close 18.66 points down at 6,207.37.

1 min  |

October 14, 2025

Daily FT

Masterclass on cargo insurance by Shippers’ Academy Colombo

SHIPPERS’ Academy Colombo (SAC) will hold a Masterclass on the importance cargo insurance for international trade on 15 October 2025 from 9:00 a.m. to 1:00 p.m, at the Distance Learning Centre, SLIDA, Colombo 7.

1 min  |

October 14, 2025

Daily FT

Sri Lanka Golf Ranking Tournament tees off at Rajawella

THE Sri Lanka Golf Ranking Tournament 2025 tees off today (14) at the scenic Victoria Golf Resort in Rajawella, drawing some of the island's finest golfing talent for four days of top-level competition.

1 min  |

October 14, 2025
Daily FT

Daily FT

President appoints Maithri Wickremesinghe, PC to CBSL Governing Board

PRESIDENT Anura Kumara Disanayake has appointed Maithri Evan Wickremesinghe, PC as a member of the Governing Board (GB) of the Central Bank of Sri Lanka (CBSL) with effect from 2 October.

1 min  |

October 14, 2025
Daily FT

Daily FT

SL chairs WHO South-East Asia Regional Committee session

Health Minister Dr. Nalinda Jayatissa elected Chairman for one-year term

1 min  |

October 14, 2025
Daily FT

Daily FT

Bairaha marks 50 years of leadership in Sri Lanka’s poultry industry

BAIRAHA Farms PLC, one of Sri Lanka’s poultry producers, celebrates 50 years of excellence and leadership in reshaping the nation’s nutritional landscape.

2 min  |

October 14, 2025

Daily FT

Ogilvy Sri Lanka's 'Cloud Coffee' campaign for Nescafé featured on TikTok for Business

■ Validates TikTok as a brand- building platform ■ Becomes first campaign case study from Sri Lanka to be featured on TikTok for Business

2 min  |

October 14, 2025

Daily FT

Sri Lanka to send strong contingent for third AYG in Bahrain

TEAM Sri Lanka is set for the 2025 Asian Youth Games (AYG) in Bahrain with a strong contingent of athletes across multiple sports.

3 min  |

October 14, 2025
Daily FT

Daily FT

Deutsche Bank in Sri Lanka: A conversation on strategy, commitment, and growth

Germany's multinational financial services giant Deutsche Bank Group's India and Emerging Asia CEO Kaushik Shaparia was in Sri Lanka recently and met up with the Daily FT for an exclusive interview. Following are excerpts of the interview in which Shaparia recaps the role of Deutsche Bank in Sri Lanka as it marks 45 years of operations this year and reiterates commitment to further strengthen its role in Sri Lanka as well as in emerging Asia. Deutsche Bank Sri Lanka CCO Niranjan Figurado was also present during the interview.

10 min  |

October 14, 2025

Daily FT

JF Packaging IPO Investor Forum on 21 October

JF Packaging Ltd., intends to officially announce its Initial Public Offering of Ordinary Voting Shares.

1 min  |

October 14, 2025
Daily FT

Daily FT

Evolution Auto delivers luxury EV Avatr 11 to Sri Lanka

EVOLUTION Auto Ltd., the exclusive authorised distributor for Avatr in Sri Lanka, marks a milestone with the delivery of the first batch of Avatr 11 vehicles to customers recently at the Evolution Auto Multi-Brand Aftersales Complex, which is situated in Peliyagoda adjoining the iconic Porsche showroom.

1 min  |

October 14, 2025

Daily FT

Vidullanka clinches Gold, Silver and Bronze at Taiki Akimoto 5S Awards 2025

DEMONSTRATING commitment to a legacy of implementing productivity concepts in operational processes, Vidullanka PLC shined in the small category at the Taiki Akimoto 5S Awards, sweeping the main prizes as well as a merit for CSR.

1 min  |

October 14, 2025
Daily FT

Daily FT

Secondary market Bond activity muted; yields close steady

Long tenor Bonds are in demand at the auction

2 min  |

October 14, 2025
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