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SL-India grid link advancing: Minister

Daily FT

November 21, 2025

SRI Lanka and India will be connected through a high-voltage transmission line under a joint initiative now moving forward, Power and Energy Minister Kumara Jayakody told Parliament yesterday.

Wrapping up the debate on his Ministry's expenditure head, he said both Governments are progressing with the project and reviewing the technical and commercial framework.

Diese Geschichte stammt aus der November 21, 2025-Ausgabe von Daily FT.

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CSE market PE climbs above 18-year average – FCR

THE Colombo stock market has reached a major valuation milestone in November 2025, trading at a price-earnings (PE) level significantly above its long-term norms, First Capital Research (FCR) said yesterday.

1 mins

November 21, 2025

Daily FT

Paytm wants Sri Lanka to build "world's most seamless travel corridor" for Indian tourists

PAYTM CEO for Travel and COO for Consumer Payments Vikash Jalan on Wednesday urged Sri Lanka to position itself as the \"most frictionless, trusted, and convenient overseas destination\" for Indian travellers, insisting that digital payments and fintech infrastructure will be just as critical as flights, hotels, and marketing in shaping the country's next phase of tourism growth.

4 mins

November 21, 2025

Daily FT

LFCs urged to shift from consumption lending to industry-focused finance: LRA

SRI Lanka's licenced finance companies (LFCs) need to pivot from traditional consumption-led lending towards financing industrial and export-linked activity if they are to remain relevant in a changing economy, the Lanka Rating Agency (LRA) said in its latest sector review.

2 mins

November 21, 2025

Daily FT

Bairaha Farms proceeds with 1-for-5 share split, announces dates

BAIRAHA Farms yesterday said that its proposed 1-for-5 share split will take place following shareholder approval at an Extraordinary General Meeting (EGM) scheduled for 17 December.

1 min

November 21, 2025

Daily FT

SriLankan Bondholders reach tentative deal on defaulted $ 175 m debt

ENDING months of speculation and delays over completing the country’s debt restructuring, national carrier SriLankan Airlines and the Government of Sri Lanka yesterday said that they have reached an agreement in principle with six members of the Ad Hoc Group of Bondholders on the financial parameters of restructuring the national carrier's $ 175 million Guaranteed Bonds due June 2024.

3 mins

November 21, 2025

Daily FT

IRD reports highest-ever revenue, tops Rs. 2 t ahead of year-end

THE Inland Revenue Department (IRD) said it has collected over Rs. 2 trillion as of 17 November, the highest annual revenue in its history.

1 min

November 21, 2025

Daily FT