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PMD clarifies on NIRDC's meetings with ADB and JICA

Daily FT

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July 05, 2025

THE President's Media Division in response to Daily FT story titled “NIRDC, ADB, and JICA hold talks to boost Sri Lanka’s innovation and youth” (https://www.ft.lk/ business/NIRDC-ADB-andJICA-hold-talks-to-boostSri-Lanka-s-innovation and-youth/34-778307) has sent the following clarifica tion.

It has come to our attention that Daily FT has published a news article referring to meetings held by the National Initiative for Research and Development Commercialization (NIRDC) with the Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA) as if they

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Daily FT

Daily FT

Expolanka Leisure secures dual triumph at World Travel Awards 2025

EXPOLANKA Leisure has become one of the first Sri Lankan companies to secure top honours in both Inbound and Outbound Travel categories at the World Travel Awards 2025.

time to read

1 min

October 15, 2025

Daily FT

Daily FT

AI-CRM leader Salesforce kicks off Dreamforce 2025

Three-day event in San Francisco to unveil latest ground-breaking innovation, bold ideas, visionary inspiration for digital transformation

time to read

2 mins

October 15, 2025

Daily FT

Daily FT

Dilmah strengthens Sri Lanka's water and ocean stewardship

Dilmah invited to be Patron of UN Global Compact Network Sri Lanka's Water And Ocean Stewardship Working Group

time to read

5 mins

October 15, 2025

Daily FT

Rs. 1.45 b project to upgrade Kolonnawa fuel filling facilities

CABINET Spokesman and Minister Dr. Nalinda Jayatissa yesterday said the Cabinet has approved a proposal by the Power and Energy Minister to begin procurement for a Rs. 1.45 billion project to modernise fuel filling facilities at Zone 7 of the Kolonnawa Terminal operated by Ceylon Petroleum Storage Terminals Ltd., (CPSTL).

time to read

1 min

October 15, 2025

Daily FT

Cabinet approves sale of foreign currency Bonds in local market

THE Cabinet has approved the issuance of foreign currency-denominated Bonds to the domestic market, Cabinet Spokesman and Minister Dr. Nalinda Jayatissa said yesterday.

time to read

1 min

October 15, 2025

Daily FT

Daily FT

Rakbo and Margo win at Access October Monthly Medal

THE Access October Monthly Medal 2025 saw Rakbo Perera accounting the overall Men’s win a scintillating round of 59 Nett, capturing both the Overall title and the Division C Nett and Gross (59 Nett, 83 Gross) crowns at the Royal Colombo Golf Club (RCGC) which attracted more than 280 golfers.

time to read

1 min

October 15, 2025

Daily FT

Migrant remittances rise to $ 695.7 m in Sept.

SLBFE states it is $ 140.1 m YoY increase Notes $ 5.8 b total remittances during first nine months of 2025 Expects migrant remittances to surpass $ 7 b by end of 2025

time to read

1 min

October 15, 2025

Daily FT

PUCSL says no electricity tariff hike for rest of 2025

CEB estimates Rs. 21 b loss in Q4 However, PUCSL directs CEB to part-use Rs. 23 b profits for this year to offset loss Asks CEB, LECO to account for 2024 Rs. 60.5 b revenue surplus

time to read

2 mins

October 15, 2025

Daily FT

Nearly 70% gambling activity online, dodging taxes CoPF finds

THE Parliament Secretariat yesterday said that around 60-70% of Sri Lanka's casino-related activity now occurs through online platforms, while the State earns no tax revenue from these operations, according to findings presented to the Committee on Public Finance (CoPF).

time to read

1 min

October 15, 2025

Daily FT

Cabinet nod for Rs. 1.3 b Excise Department revenue system

THE Cabinet of Ministers on Monday approved the award of a Rs. 1.3 billion contract for the design, development, implementation, and maintenance of a new revenue administration system for the Excise Department, Cabinet Spokesman and Health Minister Dr. Nalinda Jayatissa said yesterday.

time to read

1 min

October 15, 2025

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