Newspaper
Daily FT
Abans Finance achieves 344% growth to reach Rs. 951 m PBT in FY25
ABANS Finance PLC has reported outstanding financial results for the year ending 31 March, reinforcing its status as a resilient and growth-oriented member in Sri Lanka's non-banking financial services sector:
2 min |
July 02, 2025
Daily FT
Roar Global partners DMASL to power Digital Summit 2025
ROAR Global has entered a strategic partnership with the DMASL Digital Summit 2025, South Asia’s leading forum for digital innovation and leadership.
1 min |
July 02, 2025
Daily FT
Supreme Court flags Constitutional violations in Electricity (Amendment) Bill
THE Supreme Court has ruled that several clauses of the proposed Sri Lanka Electricity (Amendment) Bill are inconsistent with the Constitution, requiring either a special Parliamentary majority or approval via a public referendum, unless amended.
1 min |
July 01, 2025
Daily FT
Big gaps in understanding taxpayer rights and obligations
Key revelations in first-ever survey on taxpayer awareness by ICC Sri Lanka Report urges more inclusive, trust-based approach to tax education
2 min |
July 01, 2025
Daily FT
CSE ends June with stellar performance
Benchmark ASPI crosses 18,000-points mark for first time as both indices clock over 7% gain for the month
1 min |
July 01, 2025
Daily FT
Fuel prices get expensive
THE Ceylon Petroleum Corporation (CEYPETCO) last night announced a revision of fuel prices with effect from midnight, followed by Lanka IOC.
1 min |
July 01, 2025
Daily FT
Govt. rolls out Rs. 6.5 b concessionary loan scheme to support paddy purchasing in Yala season
Loans up to Rs. 50 m per borrower at 7% annual interest with 180-day repayment Scheme runs from today to 15 November to stabilise market prices and ensure farmers get Minimum Purchase Price Targets SME paddy millers and cooperative societies with daily capacity of at least 25 tons and valid PMB registration Total of 15 State and private banks to help disburse funds
1 min |
July 01, 2025
Daily FT
Mujibur tables Customs inquiry report on release of high-risk containers
SJB MP Mujibur Rahman alleges Govt. hiding failures of SL Customs, despite security, revenue and health risks Reveals 309 high-risk “red” containers released without mandatory inspection, violating Customs procedures Report questions justification despite Customs’ claims of congestion-prompted releases Since July 2024, 999 red-classified containers released on 13 occasions without proper screening or follow-up Committee notes Customs management exceeds legal authority by bypassing required inspections Among flagged containers, 114 show scan uncertainties but are released anyway Report recommends internal investigations and accountability for Customs officers involved Committee suggests halting current container release system, conducting post-audits, using Al scanning and performing forensic audit Rahman warns repeated failures undermine Customs’ fundamental role in protecting Sri Lanka
5 min |
July 01, 2025
Daily FT
Veteran Nihal Fonseka appointed to SLT Board
VETERAN banker Nihal Fonseka has been appointed to the Board of Sri Lanka Telecom (SLT) as an Independent Non-Executive Director.
1 min |
July 01, 2025
Daily FT
JXG delivers strong FY25 performance with Rs. 5.24 b Net Profit After Tax
JXG (Janashakthi Group), Sri Lanka's emerging financial conglomerate, brings together a broad spectrum of financial services spanning investment banking, insurance, and finance and leasing. The group announced its financial results for the fourth quarter and full year ended 31 March.
2 min |
July 01, 2025
Daily FT
Colombo North emerge champions
UNDER-19 SRI LANKA YOUTH LEAGUE FINAL
1 min |
July 01, 2025
Daily FT
US Envoy hails enduring partnership with Sri Lanka at 249th Independence Day address
Ambassador Julie Chung highlights over seven decades of resilient ties with Sri Lanka at reception under 'Great American Road Trip' theme Recalls early American visitors to Sri Lanka; stresses people-to-people connections as heart of the relationship Describes US-Sri Lanka partnership as journey overcoming challenges, with strong gains in security, trade and education Highlights Peace Corps, American English teachers and mobile 'US-BUS' program bringing culture and education across Sri Lanka Praises US-Sri Lanka business partnerships via AmCham and The Ceylon Chamber of Commerce for promoting trade and investment Invokes Patrick Henry's spirit of liberty, linking it to America's enduring democratic values References 'new and radiant golden age' of opportunity and pride, as described by President Trump Assures commitment to build future of freedom and shared progress with Sri Lanka
3 min |
July 01, 2025
Daily FT
Maliban explores strategic investment and partnership opportunities in Thailand
THE Embassy of Sri Lanka in Bangkok successfully facilitated a recent visit by a high-level delegation from Maliban Biscuit Manufactories Ltd. to Thailand.
1 min |
July 01, 2025
Daily FT
Cargills Bank marks 11 years of purpose-driven banking
CARGILLS Bank celebrated its 11th anniversary on 30 June, marking over a decade of transformative, inclusive banking dedicated to reshaping access to financial services across Sri Lanka. Since its inception in 2014, the bank has grown steadily, driven by a singular mission: to enable progress in every Sri Lankan life it touches.
2 min |
July 01, 2025
Daily FT
Rebuilding trust, reforming habits, rethinking tax compliance
IN today’s world, earning a steady income has become more varied and complex than ever before. Many of us no longer depend on a single steady paycheck.
3 min |
July 01, 2025
Daily FT
Aitken Spence Hotels wins big at Culinary Art Food Expo 2025
AITKEN Spence Hotels' culinary team returned from the Culinary Art Food Expo 2025 with an impressive haul of 116 medals, an achievement that solidifies the group's stature as a benchmark of gastronomic excellence in South Asia's largest professional cookery competition.
1 min |
July 01, 2025
Daily FT
Liquor Licensees Association accuses Excise Dept. of not supporting tax workshop
Writes a letter to President Anura Kumara Disanayake
2 min |
July 01, 2025
Daily FT
LFSBL: Powering ISO 20022 Adoption in Sri Lanka and Beyond
Lanka Financial Services Bureau Ltd. (LFSBL) is spearheading the adoption of the next-generation global financial messaging standard — ISO 20022 — across Sri Lanka's financial sector.
2 min |
July 01, 2025
Daily FT
Janaka Rathnakumara elected President of Association of Printers; Charts new chapter for industry
THE Sri Lanka Association of Printers (SLAP) successfully concluded its 65th Annual General Meeting (AGM) at The Kingsbury Hotel last week, marking another milestone in the Association’s longstanding commitment to the advancement of the island’s printing industry.
2 min |
July 01, 2025
Daily FT
Bangladesh more competitive against Sri Lanka in white-ball format
■Commence three-match ODI series tomorrow
2 min |
July 01, 2025
Daily FT
People's Bank celebrates 64 years of excellence in serving Sri Lanka
PEOPLE'S Bank, a pioneer in Sri Lanka's banking and financial services industry commemorates its 64th anniversary today. Since its establishment, the bank has played a transformative role in extending formal banking services to the wider public, championing financial inclusion across the nation. Today, it continues this legacy by delivering state-of-the-art digital banking solutions that reach even the most remote communities.
2 min |
July 01, 2025
Daily FT
Energy sector governance under scrutiny: Questions mount over policy direction and transparency
SERIOUS questions about governance practices within Sri Lanka's energy sector are emerging, as concerns grow over potential conflicts of interest, policy inconsistencies, and transparency gaps that could undermine the nation's energy security and economic future.
3 min |
July 01, 2025
Daily FT
Udula Wijesinghe shines at Turkish Airlines Stableford Golf 2025
UDULA Wijesinghe was in sparkling form at the Turkish Airlines Stableford Golf 2025 which concluded at the Royal Colombo Golf Club last weekend.
1 min |
July 01, 2025
Daily FT
Heritage Expediciones – Mahiyanganaya FAM trip
HERITAGE Expediciones Ltd., recently embarked on a three-day familiarisation tour to Mahiyanganaya, selecting Keven Casa as their base. The property proved to be a true reflection of Sri Lankan hospitality, offering warm service, comfortable accommodation, and authentic local cuisine that added charm to the overall experience.
1 min |
July 01, 2025
Daily FT
Morality binds and blinds: Applying Haidt's framework to NPP's political psychology – Part 1
The NPP's shift under AKD reveals not just a political turn, but a moral one. Haidt's insights show how movements bound by sacred values can become blind to contradiction. What was reform has become ritual. Logic yields to loyalty; dissent becomes betrayal. In this sanctified echo chamber, betrayal no longer shouts — it whispers. And the faithful, caught in moral trance, mistake it for virtue.
9 min |
July 01, 2025
Daily FT
Clubs to continue winning vein on Day 2
SLC Major Clubs 50-over tournament
1 min |
July 01, 2025
Daily FT
Electricity reforms and CEB restructure: Confusion, conjecture or calmness?
ELECTRICITY reform is an essential element of Sri Lanka's development effort and economic revival.
7 min |
July 01, 2025
Daily FT
Compelling case for smarter VAT solution for exporters
SRI Lanka’s export industries — especially the apparel sector, have long depended on efficient tax mechanisms to remain competitive in global markets. But one persistent bottleneck has threatened that edge for years: the country’s complex and delayed VAT refund process.
4 min |
July 01, 2025
Daily FT
Sri Lanka's Local Government reform: Strategic imperative for progress - Part 1
SRI Lanka's recent Local Government elections marked a pivotal moment in the nation's democratic process, as citizens voted to appoint representatives to municipal councils and Pradeshiya Sabhas. While political negotiations regarding leadership positions at the local level still dominate discussions at the national level, the real focus for Sri Lankans should be on the effectiveness, transparency, and accountability of local governance. Voters expect action on issues such as service delivery, infrastructure, and community welfare areas that have often been neglected.
5 min |
July 01, 2025
Daily FT
TMC partners Softlogic Restaurants to provide unique benefits
Featuring Burger King, Popeyes, Délifrance, Baskin Robbins, and Crystal Jade
1 min |