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LB Finance PLC joins PCAF to strengthen climate action in financial sector

Daily FT

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October 01, 2025

LB Finance PLC has taken a landmark step in its sustainability journey by becoming a signatory of the Partnership for Carbon Accounting Financials (PCAF), a global initiative that enables financial institutions to measure and disclose greenhouse gas (GHG) emissions linked to their lending and investment portfolios.

This milestone adds to LB Finance's proud history of climate leadership. In 2013/14, the company became Sri Lanka's first carbon conscious finance company, followed by another industry-first in 2015/16, when it was certified as the first carbon neutral company in Sri Lanka. Over the past few years, the company has steadily advanced its sustainability reporting, integrating GHG accounting into its disclosures.

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Global tourism giant Minor urges Sri Lanka to shift from price to value

Delivering keynote at CA Sri Lanka's 46th National Conference, Minor International Group CEO Dillip Rajakarier says Sri Lanka must move beyond discount-led tourism and invest in service and brand building, Warns that low prices erode GDP gains, calls for seamless infrastructure and skilled workforce

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2 mins

October 09, 2025

Daily FT

Human + Al the next frontier in cyber defence

Experts at Daily FT-CICRA 11th annual Cyber Security Summit discuss how the human-Al alliance will redefine speed, precision, and judgment in cybersecurity

time to read

6 mins

October 09, 2025

Daily FT

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Govt. says those who attempt to discredit CIABOC have vested interests

Cabinet Spokesman and Mass Media Minister Dr. Nalinda Jayatissa defends appointment of Ranga

time to read

2 mins

October 09, 2025

Daily FT

OPA urges focused reforms in Budget 2026 to drive stability, growth and equity

Calls for National Investment Facilitation Authority and Digital Land Bank to attract FDI

time to read

5 mins

October 09, 2025

Daily FT

CSE trading from Disaster Recovery site tomorrow

THE Colombo Stock Exchange (CSE) is to conduct a planned full day of trading from the Disaster Recovery site using the Automated Trading System Disaster Recovery Solution tomorrow (10).

time to read

1 min

October 09, 2025

Daily FT

Bank of Ceylon expands reach with 50 new ‘BOC Connect’ service centres

THE Bank of Ceylon (BOC), the nation’s leading financial institution, further strengthened its customer service network with the launch of 50 new ‘BOC Connect’ Agent banking service centres across the country.

time to read

2 mins

October 09, 2025

Daily FT

Sarvodaya Finance Rs. 2 b debenture issue snapped up on opening day

SARVODAYA Development Finance PLC's (SDF) Rs. 2 billion listed debenture issue wa snapped up on its opening day yesterday.

time to read

1 min

October 09, 2025

Daily FT

AllB provides $ 52 m to strengthen power transmission, renewable energy growth

THE Asian Infrastructure Investment Bank (AIIB) and the Government of Sri Lanka have signed a loan agreement for the Kerawalapitiya-Port L Second Transmission Line Project, under which AllB will provide $ 52 million in sovereign-backed financing to help Sri Lanka unlock its renewable energy potential and advance sustainable development.

time to read

1 mins

October 09, 2025

Daily FT

Daily FT

Matheesha and Lidiya crowned champs at Sri Lanka Badminton Novices in Ratnapura

MATHEESHA Perera and Lidiya Fonseka were crowned champions at the Sri Lanka Badminton Novices Championship 2025 which concluded on Thursday 2 October at the Deshabandhu Lt. Col. W. Wimaladasa Indoor Stadium in Kuruwita, Ratnapura.

time to read

3 mins

October 09, 2025

Daily FT

Sri Lanka charts bold AI future as inaugural National AI Expo & Conference 2025 concludes

Signals nation's rise as South Asian tech and innovation hub

time to read

2 mins

October 09, 2025

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