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Rupee hits a low of Rs. 303.20 against USD

Daily FT

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October 21, 2025

Foreign holding in LKR Treasuries increases by a further Rs. 9.4 b

- WEALTH TRUST SECURITIES

THE USD/LKR rate on spot contacts in the forex market, was seen depreciating during the week to hit a fresh low of Rs. 303.20, a level last seen on the 24 September 2024 before closing the week at Rs. 302.90/00 and against its previous weeks closing level of Rs.302.60/68.

The daily USD/LKR average traded volume for the first four days of the week stood at $ 90.22 million.

Meanwhile, the foreign holding in LKR Government Treasuries increased further by Rs. 9.43 billion for the week ending 16 October 2025, recording its highest week on week increase in 30 weeks, while its overall holding exceeded Rs. 130 billion to stand at Rs. 130.35 billion for the first time since 23 November 2023.

WEITERE GESCHICHTEN VON Daily FT

Daily FT

Daily FT

Dhammika Kalapuge launches new public program “Sinhalaen Customer Service”

SERVICE excellence trainer Dhammika Kalapuge presented his first-ever Sinhala public program on Customer Experience, titled 'Sinhalen Customer Service,' on 12 October 2025, at the Cinnamon Grand Hotel.

time to read

2 mins

October 22, 2025

Daily FT

Daily FT

University of West London opens first UK branch campus in Colombo with ANC Education

ANC will upgrade and redevelop its existing building into a dedicated UWL branch campus by 2026 Campus will offer 15 undergraduate and 12 structured postgraduate programs by 2026 New degrees cover high-demand areas with industry aligned programs Founding goal partnership began in 2012 to deliver identical UK programs and produce job-ready graduates Students gain direct enrolment with University of West London for qualifications and global networks Degree costs will be significantly lower than pursuing the same programs in UK

time to read

3 mins

October 22, 2025

Daily FT

Suwa Seriya name change —Nissanka Malla 2.0

THE Government has clandestinely changed the name of Sri Lanka’s highly acclaimed pre-hospital, emergency ambulance service from Suwa Seriya to Sri Lanka Emergency Medical Service.

time to read

2 mins

October 22, 2025

Daily FT

Daily FT

Lanka Rating Agency assigns 'A+ (f)' stability rating to Astrue Money Market Fund

LANKA Rating Agency Ltd. (LRA) has assigned an initial fund stability rating of ‘A+ (f)’ with a Stable Outlook to the Astrue Money Market Fund, managed by Asset Trust Management Ltd.

time to read

2 mins

October 22, 2025

Daily FT

Spa Ceylon and Shangri-La Colombo collaborate to launch SleepCation

RESPONDING to a timely and augmenting demand globally as well as locally and fulfilling a niche in terms of wellness tourism in Sri Lanka, Spa Ceylon Ayurveda Wellness in partnership with Shangri-La Colombo, has introduced the groundbreaking concept of SleepCation, a vacation that prioritises deep, restorative and luxurious sleep for the first time in Sri Lanka.

time to read

2 mins

October 22, 2025

Daily FT

Daily FT

When brands take a stand: High-stakes game of activism marketing

AS marketers, we were all recently exposed to a communication campaign by a popular tea brand in Sri Lanka that sparked significant discussion on social media, with certain audiences and factions deeming it controversial.

time to read

3 mins

October 22, 2025

Daily FT

Daily FT

President reassigns key institutions under ministries

PRESIDENT Anura Kumara Disanayake has issued a special gazette, dated 18 October 2025, redefining the functions and institutions coming under several ministries following the recent Cabinet reshuffle.

time to read

2 mins

October 22, 2025

Daily FT

Imperial Institute of Leadership and Strategy to shape Sri Lanka's future-ready leaders

MARKING a bold new chapter in Sri Lanka’s educational and leadership landscape, the Imperial Group officially launched the Imperial Institute of Leadership and Strategy (IILS), a pioneering institution dedicated to advancing leadership excellence, strategic capability, and transformational impact in Sri Lanka.

time to read

2 mins

October 22, 2025

Daily FT

Sudheera Epitakumbura joins Maskeliya Plantations Board

MASKELIYA Plantations PLC has appointed Sudheera Epitakumbura to its Board as a Non-Independent Non-Executive Director.

time to read

1 min

October 22, 2025

Daily FT

Daily FT

Bond yields remain steady ahead of weekly-bills auction

THE secondary Bond market commenced the week on a steady note yesterday as yields remained steady. Limited trades were seen on the maturities of 15.01.27, 15.09.27 and 01.10.32 at levels of 8.39%, 8.83% and 10.55% respectively.

time to read

1 min

October 22, 2025

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