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Daily FT

Daily FT

Govt. says Rs. 500 b post-Ditwah spending plan within 2026 borrowing limits

Parliament to consider Rs. 500 b Supplementary Estimate for 2026 at special sitting today Supplementary allocation to increase primary expenditure from Rs. 7.16 t to Rs. 7.66 t Rs. 100 b allocated for housing, Rs. 250 b for infrastructure, Rs. 150 b for livelihoods Finance Deputy Minister Dr. Anil Jayantha Fernando says move well within Govt.'s fiscal space Funding comes from reallocated capital spending, excess revenue, Treasury funds and aid Assures additional spending kept within 2026 debt ceiling of Rs. 3.74 t Projects 5% GDP growth for 2026 Revenue agencies exceed targets by Rs. 400 b, containing budget deficit despite relief spending

3 min  |

December 18, 2025

Daily FT

Govt. confident of securing $ 200 m RFI from IMF

THE Government yesterday expressed confidence in securing $ 200 million from the International Monetary Fund (IMF) under the Rapid Financing Instrument (RFI), as it moves to manage urgent foreign exchange needs following the devastation caused by Cyclone Ditwah, whilst keeping its broader debt restructuring program on track.

2 min  |

December 18, 2025
Daily FT

Daily FT

Budget 2026: Parliament and public deprived of real numbers

THE constitution anticipates that the Sri Lankan Parliament “shall have full control over public finance”.

3 min  |

December 18, 2025
Daily FT

Daily FT

Sri Lanka Ambassador launches Ceylon Biscuits Company products in Saudi Arabia

Sri Lanka's exports to Kingdom of Saudi Arabia achieves 19% growth from January to September 2025; bilateral trade up 9%, CBL-Amalcom collaboration is expected to contribute to a further increase in Sri Lankan exports to Saudi Arabia

2 min  |

December 18, 2025
Daily FT

Daily FT

China extends full support to boost SL's economic, social development

CHINA National People's Congress Standing Committee Vice Chairman Wang Dongming yesterday assured China would extend its full support to Sri Lanka's efforts to rebuild the lives of people and overcome the challenges posed by Cyclone Ditwah.

2 min  |

December 18, 2025

Daily FT

Regen Renewables completes 450 kW solar power project across 47 sites for Colombo District Secretariat

REGEN Renewables Ltd., has successfully completed a 450 kW solar power initiative implemented across 47 community, religious, educational, and public service institutions.

1 min  |

December 18, 2025
Daily FT

Daily FT

SL to hold South Asia's first-ever 3-day 'One Love' reggae music festival in March in Bentota

Unique tribute event to King of Reggae Bob Marley from 27 to 29 March from 5 p.m. at Bentota Beach Six famous international reggae artists including Prince of Reggae Maxi Priest and two sons of Bob Marley — Julian and Ky-Mani to perform Nuwa Sri Lanka hosts packed house media launch to kick off road to festival Sri Lankan-owned One In A Million Entertainment partners Caribbean Entertainment to deliver landmark event Positions Sri Lanka as emerging hub for large-scale international music and lifestyle festivals Proceeds support charity projects in Sri Lanka and Jamaica, linking music with social impact

2 min  |

December 18, 2025

Daily FT

Vallibel's 10 MW solar PV venture goes live in Dolahena Estate

VALLIBEL Power Erathna PLC yesterday said its 10 MW groundmounted solar photovoltaic (PV) project at Dolahena Estate has commenced operations.

1 min  |

December 18, 2025

Daily FT

Looking forward to One Love 2026 festival; going to have a fabulous time: Maxi Priest

CONSIDERED Prince of Reggae music, Maxi Priest on Tuesday declared that he and the other artists are looking forward to being part of the 'One Love' Music Festival in Bentota, Sri Lanka in late March 2026.

1 min  |

December 18, 2025

Daily FT

Global donor conference in January to fund postDitwah recovery

THE Government has decided to convene an international donor conference in January to mobilise additional financial support for the country's post-disaster recovery following Cyclone Ditwah.

1 min  |

December 18, 2025
Daily FT

Daily FT

SEC pushes for infrastructure bonds, SOE listings to fund post-Ditwah rebuild

THE capital market regulator is in discussion with the Finance Ministry on mobilising long-term funding through infrastructure bonds to support large-scale reconstruction following Cyclone Ditwah, SEC Chairman Senior Prof. Hareendra Dissabandara said yesterday.

2 min  |

December 18, 2025

Daily FT

WEBXPAY collaborates with Mastercard, Seylan for Google Pay for online payments

WEBXPAY has announced that Google Pay is now officially live for online payments across all WEBXPAY-powered merchants.

1 min  |

December 18, 2025

Daily FT

National Savings Bank opens exclusive experience “The Premier”

THE National Savings Bank has announced the ceremonial opening of ‘The Premier’, an exclusive premier banking branch created to offer an elevated and personalised banking experience to its valued Premier customers.

1 min  |

December 18, 2025
Daily FT

Daily FT

Sri Lanka Design Festival launches 'Returning Voices: Sri Lanka'

Platform for diaspora leadership and collective impact

3 min  |

December 18, 2025

Daily FT

Secondary Bond market yields continue downward trajectory; shorter tenors rally

@ T-Bill rates hold steady for the 22nd week; auction undersubscribed @ Rupee depreciates

2 min  |

December 18, 2025
Daily FT

Daily FT

Bank of Ceylon is opening largest ever Sustainability Bond Issue to expand green and social lending

Sri Lanka's financial sector is steadily moving toward instruments that meet both economic and developmental goals, especially as the country deepens its focus on environmental stewardship and inclusive growth.

6 min  |

December 18, 2025
Daily FT

Daily FT

UNLEASH-002 to kick off in February 2026

Rise of a Sri Lankan combat sports movement as global combat sports culture accelerates, and corporate partnership opportunities expand

2 min  |

December 18, 2025

Daily FT

EDOTCO secures first independent tower licence in Sri Lanka

EDOTCO Group has become the first independent tower company licenced to operate in Sri Lanka, marking a historic step in the country’s telecommunications sector.

5 min  |

December 18, 2025

Daily FT

Epic Technology Group wins highest number of awards in Asia Pacific region at APICTA 2025

EPIC Technology Group has once again made Sri Lanka proud at the Asia Pacific ICT Alliance (APICTA) Awards 2025, securing the highest number of awards won by any single company in the Asia Pacific region.

2 min  |

December 18, 2025
Daily FT

Daily FT

Revisiting rainwater harvesting as a disaster risk reduction tool

Implementing the National Rainwater Harvesting Policy and relevant legislation is now urgent fo promote rain water harvesting practices across the island as a key disaster risk reduction (DRR) tool, especially in the wake of unprecedented climate change, triggering natural disasters of colossal losses such as the recent Ditwah cyclone. Success stories in rainwater harvesting from sev- eral other Asian counterparts offer cues for us to follow.

4 min  |

December 18, 2025
Daily FT

Daily FT

Sriyani Dress Point donates Rs. 20 m and deploys aid for Cyclone Ditwah victims

SRIYANI Dress Point, one of Sri Lanka's leading fashion retail chains, has stepped forward as a responsible corporate citizen by donating Rs. 20 million to the Government's 'Rebuilding Sri Lanka'

1 min  |

December 18, 2025

Daily FT

WealthTrust Securities Rs. 500 m IPO snapped up within minutes of opening

THE Initial Public Offering (IPO) of WealthTrust Securities Ltd., (WTS) was oversubscribed within minutes, prompting closure at 4:30 p.m. yesterday.

1 min  |

December 18, 2025

Daily FT

The Design Dialogues 2025: How can design shape future of Sri Lankan identity?

THE Design Dialogues 2025, a key segment of the annual Sri Lanka Design Festival (SLDF), took place over two days at Cinnamon Life, City of Dreams.

4 min  |

December 18, 2025

Daily FT

Sri Lanka to co-host 2026 Asian Regional Debt Management Conference

SRI Lanka will co-host the 2026 Asian Regional Debt Management Conference at the end of May, a move approved by the Cabinet of Ministers aimed at strengthening the country’s role in regional public debt management and fostering international cooperation.

1 min  |

December 18, 2025

Daily FT

New design destination: Styling Decor and Delizo Café unveil curated living in Colombo

STYLING Decor and Delizo Café have opened their doors in Colombo, unveiling an intimate and beautifully curated space that blends contemporary design with warm, earthy elegance.

1 min  |

December 18, 2025

Daily FT

CSE ends flat in volatile session

THE Colombo stock market endured a volatile session yesterday closing flat with both indices marginally down.

1 min  |

December 18, 2025
Daily FT

Daily FT

ITC Ratnadipa presents Shifu's Apprentice this December with Chef Liang and Chef Prithvi at Yi Jing

ITC Ratnadipa has launched 'Shifu's Apprentice,' an exclusive a la carte dining experience led by Chef Liang and his apprentice, Chef Prithvi, at Yi Jing until 21 December 2025, from 6:30 p.m. onwards.

2 min  |

December 18, 2025

Daily FT

Home Lands crowned Best Developer Sri Lanka for third consecutive year

Clinches Best Lifestyle Developer Asia additionally

2 min  |

December 18, 2025
Daily FT

Daily FT

Indunil accounts for Overall Nett title at WASPS Group Monthly Medal at RCGC

THE December Monthly Medal 2025 at the Royal Colombo Golf Club (RCGQ), sponsored by the WASPS Golf Group, brought the curtain down on the golfing year in fitting style, showing depth, diversity and competitive excellence across all divisions.

2 min  |

December 18, 2025

Daily FT

Japan extends $ 2.5 m Emergency Grant in response to cyclone disaster

Assistance will be implemented in partnership with International Organisation for Migration, World Food Programme and United Nations Children's Fund

2 min  |

December 18, 2025