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Daily FT

Daily FT

Home Lands’ Pentara Residencies Breaks Ground: Colombo’s Landmark Twin Towers Rise at Thummulla

The ground breaking ceremony of Pentara Residencies, Colombo’s most iconic twin-tower development by Home Lands Group, was successfully held on Thursday, 28th August 2025 at Thummulla Handiya, Colombo.

1 min  |

August 29, 2025
Daily FT

Daily FT

Police nabs five underworld kingpins in joint international operation

Operation involves Sri Lanka Police, CID, Indonesian Police, INTERPOL, and Indian intelligence agencies; suspects to be repatriated within 2-3 days Public Security Minister Ananda Wijepala says crackdown marks end of political protection for organised crime; vows end to political-crime nexus Affirms no one is above the law; probes into role of politicians who allegedly enabled criminal networks, investigations extend to assets of detained suspects Says nearly 75 red warrants issued; over 20 underworld figures already brought back in recent months Reveals plan to establish a Special Court for swift prosecution of organised crime cases Public Security Ministry Secretary Ravi Seneviratne says law enforcement now operates free from political interference for first time in decades IGP Priyantha Weerasooriya says Sri Lankan criminals remain active overseas, including in Dubai, Oman, Russia, Belarus and France, with further operations planned

2 min  |

August 29, 2025
Daily FT

Daily FT

Sri Lankan documentary wins Satyajit Ray Bronze Award at South Asian Short Film Festival

THE Museum of Modern and Contemporary Art Sri Lanka (MMCA Sri Lanka) has announced that 'No More Land' (2024), a documentary film by Anomaa Rajakaruna (b. 1965) which was commissioned for the museum's past exhibition 'Total Landscaping,' has won the Satyajit Ray Bronze Award (Documentary) at the eighth South Asian Short Film Festival (SASFF) in Kolkata, India.

2 min  |

August 29, 2025
Daily FT

Daily FT

CBB celebrates 25th anniversary with exclusive member networking session at Cinnamon Life

THE Council for Business with Britain (CBB) of The Ceylon Chamber of Commerce recently celebrated its 25th anniversary in Sri Lanka.

1 min  |

August 29, 2025
Daily FT

Daily FT

Ne-Yo brings biggest hits to Colombo this December

SRI Lanka is set to make music history as global R&B sensation Ne-Yo, a three-time Grammy Award winner and renowned songwriter, takes the stage in Colombo for the very first time.

2 min  |

August 29, 2025

Daily FT

Unbeaten Expolanka face resurgent Singer Sri Lanka ‘A’ in MCA Premier League Final

THE rejuvenated, Singer Sri Lanka “A”, last year’s runners up will have to come up with exceptional performance if they hope to beat the unbeaten, Expolanka Holdings, in the Final of the first Link Natural Products –\"Musclegard / Crampgard” sponsored - MCA Premier League 50-over White Ball / Coloured Clothing Tournament 2025, on Saturday 30 August at the MCA Grounds, commencing 09:45 a.m.

1 min  |

August 29, 2025

Daily FT

Sri Lankan Entrepreneur of the Year 2025 Awards tonight

@ 25 years of celebrating excellence as FCCISL marks 50 years of service to nation

3 min  |

August 29, 2025
Daily FT

Daily FT

Government must work with mandatory fingerprint attendance system

THE fingerprint system uses biometric fingerprints. In simple terms, it’s a biometric time-tracking system designed for fairness and accountability in various professions.

3 min  |

August 28, 2025

Daily FT

Govt. to deploy Commonwealth Meridian public debt management system

THE Commonwealth Secretariat yesterday said Sri Lanka will begin using its Commonwealth Meridian public debt management software from next month as part of its economic recovery plan.

1 min  |

August 28, 2025

Daily FT

Minister Herath highlights strong gains one year into AKD’s Presidency

FOREIGN Affairs, Foreign Employment and Tourism Minister Vijitha Herath yesterday said that one year after President Anura Kumara Disanayake assumed office, Sri Lanka’s economy is on a steady path of recovery, supported by sound macroeconomic fundamentals and targeted reforms.

1 min  |

August 28, 2025

Daily FT

Colombo land valuation growth accelerates in 1H 2025

CBSL Land Valuation Indicator for Colombo district sees annual and semi-annual growth gaining momentum

1 min  |

August 28, 2025

Daily FT

President brainstorms industrial growth ahead of Budget 2026

Chairs pre-Budget discussion focused on raising industrial sector share of GDP O Plans include new industrial zones, SME loans and export facilities

1 min  |

August 28, 2025

Daily FT

People’s Bank reports all-time-high 1H Rs. 28 b PBT

PEOPLE'S Bank yesterday said it reported an all-time-high Profit Before Tax (PBT) of Rs. 28 billion in the first half of 2025.

3 min  |

August 28, 2025

Daily FT

Maga Engineering gets Rs. 1.2 b contract to fix Southern Expressway flaws

Minister Vijitha Herath admits road not built to quality standards

1 min  |

August 28, 2025

Daily FT

Project to strengthen Norocholai power plant’s backup systems gets Cabinet nod

FOREIGN Affairs Minister Vijitha Herath yesterday said the Cabinet of Ministers has given the Ceylon Electricity Board (CEB) the green light to implement a project to establish an optimal integrated electricity supply chain to support the resilient coolant system and boiler catchment hydro supply system at the Norocholai Lakvijaya Coal Power Plant.

1 min  |

August 28, 2025

Daily FT

Govt. reaffirms sovereignty over Kachchatheevu amid Indian election rhetoric

Foreign Affairs Minister Vijitha Herath says no change in ownership indicated by Indian Govt. or through diplomatic channels

1 min  |

August 28, 2025

Daily FT

NMSJ questions due process, raises concerns about Wickremesinghe arrest

National Movement for Social Justice reiterates call to abolish Executive Presidency for a just society Arrest of former President Ranil Wickremesinghe seen as pre-planned political move Use of Penal Code instead of Anti-Corruption Act raises concerns of prosecutorial abuse Timing of arrest before long weekend questioned as attempt to block legal redress

3 min  |

August 28, 2025

Daily FT

Pradeep Kahawalage elected to chair CNCI

PRADEEP Kahawalage was elected as the Chairman of the Ceylon National Chamber of Industries (CNCI) at the 64th Annual General Meeting (AGM).

1 min  |

August 28, 2025
Daily FT

Daily FT

Gauff 'mentally exhausted' after US Open first-round win

HOME favourite Coco Gauff came through a stern examination of her troublesome serve to beat Australia’s Ajla Tomljanovic in a competitive US Open first-round match.

1 min  |

August 28, 2025

Daily FT

AgStar appoints two Non-Executive Directors

AGSTAR PLC yesterday said it has appointed Sanjaya Nissanka and Shamal Abeysinghe as non-executive directors to its board.

1 min  |

August 28, 2025

Daily FT

LCB Finance steps into Kurunegala

LANKA Credit and Business Finance PLC recently opened its 22nd branch, at No 7 Wehera Junction, Colombo Road, Kurunegala.

1 min  |

August 28, 2025
Daily FT

Daily FT

Ranil’s arrest, political ethics and seeing “this administration’s true face”

WHEN Napoleon ordered the execution of the Duc d’Enghien, a Bourbon prince, in 1804, the great French diplomat and thinker Talleyrand reportedly said “it is worse than a crime, it is a blunder”.

10 min  |

August 28, 2025

Daily FT

President tells exporters pay taxes for support

AKD meets tea, coconut, rubber exporters for pre-Budget 2026 discussion Says Govt. reviving economy without artificial controls by encouraging production Asserts export growth, building reserves a priority

1 min  |

August 28, 2025
Daily FT

Daily FT

Companies (Amendment) Act No. 12 of 2025: What it means for businesses

DELOITTE Sri Lanka views the Companies (Amendment) Act No. 12 of 2025, which was officially certified and passed into law on 4 August 2025, as a major milestone for the country’s corporate sector and a critical step in strengthening the governance framework.

4 min  |

August 28, 2025

Daily FT

Science at the heart of democracy: Blueprint for Sri Lanka

WHEN Vikings arrived in Iceland towards the end of the 8th century, they gathered on a midsummer's day to hear the laws of the land proclaimed, air grievances, and seek justice.

3 min  |

August 28, 2025

Daily FT

Cabinet approves Rs. 250 m health program targeting youth

Focuses on suicide prevention, drug addiction and psychosocial issues

1 min  |

August 28, 2025

Daily FT

Govt. assures continuity of Pekoe Trail despite Founder's exit

TOURISM Minister Vijitha Herath yesterday reaffirmed that the Government remains fully committed to the continuation of the Pekoe Trail project, despite the exit of its Founder Miguel Cunat.

1 min  |

August 28, 2025

Daily FT

Arrest of former President Ranil: Test case for Sri Lanka’s democracy

SRI Lanka has entered uncharted political and legal territory. For the first time in its post-independence history, a former President has been arrested, remanded, and brought before a court of law. The charges concern the alleged misuse of public funds for private foreign travel, following investigations by the Criminal Investigation Department (CID).

3 min  |

August 28, 2025

Daily FT

Strategic planning: Missing link for SME success in Sri Lanka

The question is not whether your SME can afford to invest in strategic planning, but whether it can afford not to

7 min  |

August 28, 2025

Daily FT

Perverse pleasures of genocide

A bomb has been dropped on the Nasser Hospital in Khan Younis, Gaza. Someone is videoing from a distance, and we see Palestinian aid workers climbing up the stairs, trying to rescue the survivors.

4 min  |

August 28, 2025