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Daily FT

Damage...

The estimated $ 4.1 billion in direct damages represents a significant shock to affected regions.

2 min  |

December 23, 2025
Daily FT

Daily FT

WNPS urges halt to Mandaitivu Cricket Stadium over environmental concerns

THE Wildlife and Nature Protection Society of Sri Lanka (WNPS) has warned in a formal letter addressed to President Anura Kumara Dissanayake that the development of the proposed Jaffna International Cricket Stadium and Sports Complex on Mandaitivu Island is not only unlawful, but poses a serious threat to Mandaitivu’s fragile ecosystems and local communities.

1 min  |

December 23, 2025
Daily FT

Daily FT

Elephant House Ice Cream marks historic launch in Australia

CEYLON Cold Stores PLC (CCS), a subsidiary of John Keells Holdings PLC, has launched its iconic Elephant House Ice Cream in Australia, marking a bold step in the brand's global expansion.

2 min  |

December 23, 2025

Daily FT

Pentax Medical-Certified Centre Marks a New Phase in Biomed International’s Service Capability

Biomed International has been part of Sri Lanka's healthcare technology ecosystem since its incorporation in 1989.

3 min  |

December 23, 2025

Daily FT

CSE opens week in red with Rs. 80 b loss; ASPI falls below 22,000 points

Ahead of the festive season, the Colombo Bourse opened in negative territory.

1 min  |

December 23, 2025
Daily FT

Daily FT

Danushan shows sparkling form at Bangladesh Amateur Golf Championship

SRI Lanka's rising golf star Kumar Danushan produced a highly creditable performance at the 39th Bangladesh Amateur Golf Championship 2025, finishing tied sixth overall in the 72-hole international event.

1 min  |

December 23, 2025
Daily FT

Daily FT

CSE recalibrates active S&P SL20 index after periodic review

THE Colombo Stock Exchange (CSE) yesterday announced changes to the S&P SL20 Index following the 2025 year-end rebalancing conducted by S&P Dow Jones Indices, with the revised composition effective from 22 December.

1 min  |

December 23, 2025

Daily FT

HSBC Ceylon Literary and Arts Festival fosters youth development with Future Writers Program

First Future Writers Program winner Savin Edirisinghe wins Gratiaen Prize

2 min  |

December 23, 2025

Daily FT

The call for immediate suspension of SL's external sovereign debt payments

@ 121 top global economists, academics propose new restructuring that restores debt sustainability under the new circumstances @ Framework should recognise climate-driven disasters as systemic, not exceptional, shocks @ Must provide significant debt cancellation with no punitive conditions to deal with disaster recovery, social protection, reconstruction and development. @ Urge prioritising human welfare, environmental protection, and long-term viability over financial obligations to external creditors Signatories include Joseph Stiglitz, Thomas Piketty, Yanis Varoufakis, Jayati Ghosh and Stephanie Kelton

7 min  |

December 23, 2025

Daily FT

Acorn Group Recognized for HR Excellence in Hospitality, Tourism and Leisure

ACORN Group has been named the winner in the Hospitality, Tourism and Leisure category at the Great HR Awards, organized by the Chartered Institute of Personnel Management (CIPM) Sri Lanka in partnership with Mercer.

1 min  |

December 23, 2025
Daily FT

Daily FT

BOI continues dialogue with industries as Ditwah disrupts production and exports

Sets up support unit to provide continuous, expedited support to restore operations, including import/export approvals and handling damaged goods BOI Chief Arjuna Herath says will ensure the right policies, financial help, and teamwork between agencies are in place to support the speedy recovery

1 min  |

December 23, 2025
Daily FT

Daily FT

eMudhra and LankaSign in strategic partnership to make digital signing seamless

IN a significant step toward accelerating Sri Lanka’s digital transformation, eMudhra, a global leader in digital identity and security solutions, has entered into a strategic partnership with LankaSign the only Certification Service Provider (CSP) in the country that complies with the Electronic Transactions Act No. 19 of 2006, operated by LankaPay, Sri Lanka’s national payment network.

2 min  |

December 23, 2025

Daily FT

Sri Lanka Carrom Team meets Sports Minister

■Excels at 7th Carrom World Cup in the Maldives

1 min  |

December 23, 2025

Daily FT

DIMO's HR Excellence Recognised at the Great HR Awards 2025

DIMO'S recognition at the Great HR Awards 2025, where the organisation emerged as Winner-Diversified Group of Companies Sector and Runner Up - Extra Large Category, reflects the strength, consistency, and maturity of its human resource practices.

3 min  |

December 23, 2025

Daily FT

HNB signals strong ESG commitment with oversubscribed Rs. 10 b Sustainable Bonds

THE Hatton National Bank PLC (HNB PLC) last week commemorated raising Rs. 10 billion with its first ever issuance of sustainable bonds by way of a market opening ceremony conducted on the trading floor of the Colombo Stock Exchange (CSE).

1 min  |

December 23, 2025

Daily FT

Macktiles makes first export to Australia

MACKTILES Lanka Ltd., executed its first export to the highly developed and competitive Australian market.

1 min  |

December 23, 2025
Daily FT

Daily FT

Superb second-half rally props CH to even with Kandy

DEFENDING League champions Kandy Sports Club were forced to settle for a share of the points as CH & FC produced a stirring second-half comeback to earn a 24-all draw in their Inter-Club A Division encounter at the Nittawela Rugby Stadium yesterday.

1 min  |

December 22, 2025

Daily FT

Secondary Bond market yields see-saw; close steady week on week

THE secondary Bond market last week began on a subdued note, with yields largely holding steady amid limited early activity.

4 min  |

December 22, 2025
Daily FT

Daily FT

Development expert Hemachandra new UDA Chairman

IN a key appointment for the nation's urban planning sector, M.G. Hemachandra, a seasoned development expert, has been named Chairman of the Urban Development Authority (UDA).

1 min  |

December 22, 2025
Daily FT

Daily FT

ADB supports modern pipe distribution network systems for agriculture in Sri Lanka

THE Asian Development Bank (ADB) has approved a $ 3 million grant to help address water shortages in Sri Lanka's North Western and Uva Provinces by constructing modern pipe distribution network (PDN) systems.

1 min  |

December 22, 2025

Daily FT

Browns Investments richer by over Rs. 17 b via sale of Maldives property

BROWNS Investments PLC through its subsidiary Browns Ari Resort Ltd., has completed the $ 57.5 million (Rs. 17.2 billion) sale of the assets and property of the Barceló Whale Lagoon to ASB Hotel Properties Maldives Ltd.

1 min  |

December 22, 2025

Daily FT

$ 50 m from World Bank to improve digital services and economy

THE World Bank Board of Executive Directors has approved a $ 50 million project to support Sri Lanka's digital transformation.

2 min  |

December 22, 2025
Daily FT

Daily FT

Deputy Minister explains low interest, relief measures under RFI

Jayantha Fernando said the International Monetary Fund's (IMF) approval of $ 206 million under the Rapid Financing Instrument (RFI) on Friday provides the country with critical and low-cost emergency funding at a time when the country is focused on recovery and stabilisation.

2 min  |

December 22, 2025
Daily FT

Daily FT

IMF says hard-won economic gains vulnerable to fresh shocks

IMF Mission Chief for Sri Lanka Evan Papageorgiou says fresh funds aimed at bridging humanitarian relief and long-term reconstruction Identifies agriculture and tourism as most exposed sectors Expects inflation risks and widening current account deficit in short term Says Fifth EFF Review deferred; IMF mission planned for early 2026 Insists on transparent, well-targeted emergency spending Calls on CBSL to maintain monetary discipline and avoid money financing Reaffirms commitment to protecting Sri Lanka's hard- won gains

3 min  |

December 22, 2025

Daily FT

Inaugural NDB Family Office Forum sheds light on building lasting legacies

NDB Wealth Management holds exclusive forum bringing together industry experts and impressive speaker line-up from Singapore and Dubai

2 min  |

December 22, 2025

Daily FT

Dialog partners Starlink to deliver ubiquitous enterprise connectivity across Sri Lanka

Brings high-speed satellite internet to every corner of island

1 min  |

December 22, 2025
Daily FT

Daily FT

NSBPay launches Tap & Go with Mastercard

NSB becomes Sri Lanka's first bank to offer in-app contactless payments NSBPay banking app delivers a flexible, seamless, intuitive, and secure payment experience

2 min  |

December 22, 2025
Daily FT

Daily FT

A nation overwhelmed – but not powerless

SRI Lanka is living through one of the most devastating flood disasters in its recent history, with torrential rains from Cyclone Ditwah triggering landslides, river overflows and widespread inundation across all 25 districts.

6 min  |

December 22, 2025

Daily FT

Minhas century helps Pakistan beat India in U19 Asia Cup final by 191 runs

Earlier in the day, Devendran had copped punishment from the Pakistan batters, conceding 83 runs in his 10 overs.

1 min  |

December 22, 2025
Daily FT

Daily FT

Growing investor participation fuels unit trust industry performance

Industry AUM up 16.5% YoY to Rs. 597 b as of end-Nov. Equity related funds see Rs. 3.5 b inflow and nearly 3,000 new investors in Nov. Total of 27,720 new investors enter unit trusts in 2025, taking total to 141,252 as of end- Nov., up 25% YOY

2 min  |

December 22, 2025