Newspaper
Daily FT
Failure to maintain cigarette tax share costs State Rs. 17.3 b annually: Verité
Tax share of cigarette prices falls to 66.8% from 74% in 2018 PublicFinance.lk says excise adjustments can be implemented without new legislation
2 min |
June 11, 2026
Daily FT
Mastercard announces leadership changes to accelerate growth across five key South Asian markets
MASTERCARD has announced significant leadership appointments aimed at strengthening South Asia operations by creating a more integrated model for Sri Lanka, Maldives, Bangladesh, Nepal, and Bhutan.
1 min |
June 11, 2026
Daily FT
New investments reinforce Colombo Port City’s role as growth catalyst
COLOMBO Port City reached a significant milestone in its development as a leading regional business and investment destination following Cabinet approval granted in April 2024 to 77 Businesses of Strategic Importance (BSIs) under the Regulations of the Colombo Port City Economic Commission Act.
3 min |
June 11, 2026
Daily FT
BYD tops global automotive innovation ranking in historic first.
CEMENTING its status as a global New Energy Vehicle (NEV) trailblazer, BYD has topped the global rankings for Most Innovative Automotive Group in the Automotive INNOVATIONS Report 2026 published by Germany's Centre of Automotive Management (CAM) - the first time in the study's 21-year history that a Chinese automaker has claimed the top position.
2 min |
June 11, 2026
Daily FT
Motor traders warn of further Rs. 40 b revenue leakage in 2026
THE Ceylon Motor Traders’ Association (CMTA), affiliated with The Ceylon Chamber of Commerce, yesterday issued an urgent appeal to the Government to abolish the 15% depreciation currently granted on used vehicle imports, warning that the concession is causing massive revenue leakages at a time when the country can least afford them.
2 min |
June 11, 2026
Daily FT
SLT-MOBITEL Enterprise signs reseller partnership agreement with Starlink to deliver cutting-edge connectivity to businesses and SMEs
SLT-MOBITEL Enterprise has entered a landmark reseller partnership agreement with Starlink by SpaceX to offer cutting-edge connectivity to enterprises and SMEs in Sri Lanka. The agreement was formalised during an online signing ceremony held recently.
1 min |
June 11, 2026
Daily FT
Second-string SL to lock horns with South Korea in rugby
SRI Lanka Rugby will head into their final Asia Rugby Top 3 Men’s Championship 2026 fixture against South Korea on 13 June with a largely revamped squad, but the Sri Lankans remain confident of producing a strong performance despite the absence of several frontline players.
1 min |
June 11, 2026
Daily FT
Beyond FDI mirage: Leveraging spirit of BEPS Pillar 2 to separate value creators from extractors
NOT every dollar that flows into Sri Lanka actually builds a stronger future for the country. Some investments light up factories, create real skills, and drive exports.
8 min |
June 11, 2026
Daily FT
Vehicle registrations hit new high in May
SRI Lanka’s vehicle market recorded its strongest monthly performance since the reopening of imports, with total registrations surging 19.7% month-on-month (M-o-M) to 60,444 units in May as consumers accelerated purchases ahead of tighter financing rules and higher import taxes, according to HNB Stockbrokers.
3 min |
June 11, 2026
Daily FT
Smoke & Bitters bags Michter's Art of Hospitality Award
SRI Lanka's coastal venue Smoke & Bitters has been named winner of the Michter's Art of Hospitality Award in the run-up to Asia's 50 Best Bars 2026.
2 min |
June 11, 2026
Daily FT
Rupee rebounds after CBSL tightens export proceeds conversion rule
THE Sri Lankan rupee strengthened sharply against the US dollar yesterday after the Central Bank of Sri Lanka (CBSL) tightened regulations governing the conversion of export proceeds, reducing the mandatory conversion period from 90 days to 30 days.
1 min |
June 11, 2026
Daily FT
The EPF under CBSL custody: Fixing the principal-agent problem
CORRUPTION and abuse of the public’s Employment Provident Fund (EPF) under the custody of the Central Bank of Sri Lanka (CBSL) represents one of the largest financial integrity failures in the country’s history, one that continues to this day with zero regulatory obstacles.
5 min |
June 11, 2026
Daily FT
Sri Lanka's business problem is not just the economy
SRI Lanka is recovering, but let’s not start throwing confetti yet.
2 min |
June 11, 2026
Daily FT
Home Lands to unveil ‘Central Park Boulevard Port City Colombo’ with largest-ever real estate launch in Sri Lanka
HOME LANDS is set to make history with Sri Lanka’s largest-ever real estate launch, unveiling Central Park Boulevard Port City Colombo, The Indian Ocean’s Next Wonder.
2 min |
June 11, 2026
Daily FT
Medicine price hike under review as rising costs threaten supply
Health Minister Dr. Nalinda Jayatissa says receiving requests to increase medicine prices amid rising import and production costs Pharmaceutical industry warns supply chain pressures, regulatory delays could trigger medicine shortages
1 min |
June 11, 2026
Daily FT
Flaws in the Law: Electoral reform and democratic accountability
IT was encouraging to note the ongoing consultations of the Parliamentary Select Committee (PSC) on the review of election laws, chaired by Public Administration Minister Prof. A. H. M. H. Abayarathna.
3 min |
June 11, 2026
Daily FT
Motor traders...
If corrective action is not taken immediately, a similar level of revenue leakage could occur in 2026, further impacting the Government's fiscal position and depriving the country of much-needed funds for national development and public services.
2 min |
June 11, 2026
Daily FT
Japan strengthens Sri Lanka's fisheries cold chain
JAPAN has provided six refrigerated trucks to Sri Lanka’s fisheries sector as part of a ¥200 million (approximately $ 1.25 million) grant assistance program aimed at strengthening the country’s cold chain infrastructure, according to the Embassy of Japan in Sri Lanka.
1 min |
June 11, 2026
Daily FT
Authorities probe $ 85 m fraud linked to bogus imports
SRI Lankan authorities have uncovered a large-scale foreign exchange fraud involving tens of millions of dollars allegedly remitted overseas for imports that never entered the country, Public Security Minister Ananda Wijepala told Parliament yesterday.
1 min |
June 11, 2026
Daily FT
Working Journalists Association urges withdrawal of proposed media regulator Bill
THE Sri Lanka Working Journalists Association (SLWJA) has called for the immediate withdrawal of the draft Bill seeking to establish a regulatory authority for media professionals, arguing that the proposed framework is aimed at controlling rather than protecting the media.
1 min |
June 11, 2026
Daily FT
Transforming a developing nation into a developed one - Part I
Citizens’ expectations from a democratically elected Government
9 min |
June 11, 2026
Daily FT
Sri Lanka's boldest innovators to be celebrated at SLASSCOM National Ingenuity Awards 2026
THE 8th edition of the SLASSCOM National Ingenuity Awards (SNIA) 2026 is set to take center stage on 16 June 2026 at ITC Ratnadipa, Colombo, bringing together Sri Lanka’s most visionary innovators, technology leaders, startups, academia, students, corporates, and ecosystem enablers in a powerful celebration of innovation excellence.
2 min |
June 11, 2026
Daily FT
74th Mercantile Hockey Knockout Tournament begins 13 June
THE 74th Mercantile Hockey Knockout Tournament, organised by the Mercantile Hockey Association of Sri Lanka, will commence on 13 June 2026 at the Astro Turf, Colombo 07, bringing together leading corporate hockey teams in Sri Lanka for another exciting season of competition.
1 min |
June 11, 2026
Daily FT
Sustainable development: The missing link in Sri Lanka's economic recovery
SRI Lanka’s economic recovery remains one of the country’s most urgent national priorities. Since the economic crisis of 2022, policymakers, businesses, and international partners have focused on stabilising inflation, restructuring debt, strengthening public finances, restoring investor confidence and rebuilding foreign exchange reserves.
5 min |
June 11, 2026
Daily FT
Ashraff Associates hosts Strategic Risk Symposium featuring Dr. David Rubens
ASHRAFF Associates recently hosted an exclusive symposium titled “Three Moves Ahead: A Discussion with Dr. David Rubens on Strategic Risk and Crisis Management” at Jetwing Colombo Seven, bringing together leaders from Sri Lanka’s public, private and professional sectors to examine the evolving landscape of risk, resilience and crisis management in an increasingly uncertain world.
3 min |
June 11, 2026
Daily FT
Emergency regulations must go!
SIX months after President Anura Kumara Dissanayake imposed a state of emergency following the destruction caused by Cyclone Ditwah, the Government does not seem to be in the mood to allow the regulations to lapse.
2 min |
June 11, 2026
Daily FT
T-Bill rates increase at slower pace
Secondary Bond market remains quiet ahead of Rs. 150 b auction | Rupee appreciates on amended FX conversion rules
3 min |
June 11, 2026
Daily FT
CSE back in red amid selling pressure
THE Colombo stock market failed to sustain the previous sessions rally ending back in red yesterday.
1 min |
June 11, 2026
Daily FT
Fintrex and KayJay Electronics sign MOU to launch CCTV loan facility
FINTREX Finance PLC has announced the official launch of the Fintrex CCTV Loan Facility, introduced through a strategic partnership with KayJay Electronics, a trusted provider of CCTV and surveillance solutions.
1 min |
June 11, 2026
Daily FT
Suresh Sallay’s circumstances; ‘Sajith’s body, Ranil’s head’ absurdity damages SJB-UNP
ANURA'S JVP-NPP administration will enter history as the one which jailed the highest number of top officers of the war-winning Sri Lankan armed forces.
10 min |