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Daily FT
Cabinet nod to ink $100 m ADB loan agreement for tourism development projects
THE Cabinet of Ministers on Monday approved the signing of loan agreements to secure a $ 100 million facility from the Asian Development Bank (ADB) to support a new tourism field development program.
1 min |
September 17, 2025
Daily FT
World Bank Vice President concludes first official visit to Sri Lanka
THE World Bank's Vice President for South Asia Johannes Zutt concluded his first official visit to Sri Lanka yesterday.
1 min |
September 17, 2025
Daily FT
Verité Research unveils public platform for Budget proposals
VERITÉ Research yesterday launched the 'Budget Proposal Hub' a first of its kind trilingual platform that empowers people to participate in the national Budget process by submitting proposals for the consideration of Parliament; as well as by voting on proposals.
1 min |
September 17, 2025
Daily FT
Jevahn takes early lead
THE 2025 Kandy Regional Junior Open Golf Championship 2025 teed offin fine style at the Victoria Golf Resort (VGR) in Rajawella yesterday. The opening day showed outstanding performances across all junior divisions, reflecting the growing depth of talent in Sri Lanka's junior golf circuit.
1 min |
September 17, 2025
Daily FT
Trailblazer of Sri Lanka Tourism: Chandra Wickramasinghe marks five decades of innovation
THIS year marks a golden milestone for Wickramasinghe Arachchige Don Chandrasiri Jayalath Wickramasinghe, fondly known as Chandra Wickramasinghe, who celebrates 50 years of remarkable contribution to Sri Lanka's tourism industry.
6 min |
September 17, 2025
Daily FT
Bangladesh defeat Afghanistan to keep Asia Cup hopes alive
Bangladesh kept their hopes of reaching the Asia Cup Super-Four alive with a thrilling 8-run win against Afghanistan in a Group B match played at Zayed Cricket Stadium yesterday.
2 min |
September 17, 2025
Daily FT
Govt. holds pre-Budget discussion on banking, finance and insurance sector
A pre-Budget discussion on the banking, finance and insurance sector was held yesterday afternoon at the Presidential Secretariat, chaired by the Minister of Labour and Deputy Minister of Economic Development, Dr. Anil Jayantha Fernando.
1 min |
September 17, 2025
Daily FT
Standard Chartered’s next chapter in Sri Lanka: Stability, partnerships and ‘here for good’
Sri Lanka has faced a period of significant economic and social challenges but is now beginning to show early indicators of recovery. From your perspective, how do you see this bounce back unfolding?
8 min |
September 17, 2025
Daily FT
Colombo stock market rebounds sharply
THE Colombo stock market yesterday rebounded sharply erasing the losses suffered on Monday as investor sentiment changed for the better.
1 min |
September 17, 2025
Daily FT
Inclusive approach necessary to draft new Tourism Act
WITH the Cabinet having already granted approval to draft a new Tourism Act, the Government is now poised to revise the prevailing Tourism Act of 2005.
3 min |
September 17, 2025
Daily FT
Selyn Foundation presents 'Craft to Empower' at Ramp Up 2025
AT Ramp Up 2025, hosted by Women's Chamber of Industry and Commerce Sri Lanka (WCIC) on 9 September at Hilton Colombo, the Selyn Foundation — social impact arm of the Selyn brand — unveiled a collaboration with Sri Lanka's Beeralu artisans through its flagship \"Craft to Empower\" program.
1 min |
September 17, 2025
Daily FT
Cabinet directs to gazette and table revised Social Security Contribution Levy Bill for Parliament approval
THE Cabinet of Ministers on Monday approved the publication of the amended Social Security Contribution Levy (Amendments) Act in the Government gazette, following clearance from the Attorney General, before submitting it to Parliament for approval.
1 min |
September 17, 2025
Daily FT
Sri Lanka moves to enable overseas citizens to vote
Cabinet approves appointing Study Committee
1 min |
September 17, 2025
Daily FT
CEB union staff to call in sick on Thursday, Friday
THE Ceylon Electricity Board Engineers’ Union (CEBEU) announced that its members will report sick leave on 17 and 18 September as part of an escalation in their trade union campaign against the Government's plan to restructure the CEB.
1 min |
September 17, 2025
Daily FT
Feasibility study for Lotus Roundabout traffic woes
THE Cabinet of Ministers on Monday approved the selection of a consultancy agency, through the procurement process, to conduct a detailed feasibility study aimed at easing severe congestion at the Lotus Roundabout in Colombo.
1 min |
September 17, 2025
Daily FT
Latest insights to cyber security today and tomorrow via Daily FT-CICRA initiative
THE latest insights to cyber security challenges and solutions for organisations and individuals will come under spotlight today and tomorrow in Colombo via a joint experts initiative by the Daily FT and CICRA Campus.
2 min |
September 17, 2025
Daily FT
Sri Lanka Insurance Corporation General continues legacy of excellence with 'General Insurance Summit 2024'
SRI Lanka Insurance Corporation General Ltd. (SLICGL) successfully concluded its prestigious 'General Insurance Summit 2024' on 20 and 21 June at the Shangri-La Hambantota. Organised under the inspiring theme 'Celebrating Excellence - The Legacy Continues', the annual flagship event recognised outstanding performers who demonstrated tireless dedication achieving the company's revenue targets and advancing the general insurance business in Sri Lanka.
1 min |
September 17, 2025
Daily FT
PA raises alarm over Govt. decision to import spices
THE Planters’ Association of Ceylon (PA) yesterday voiced its concerns following the Government's decision to permit the importation of spices under a new regulatory framework that grants “approved enterprise” status to selected companies.
2 min |
September 17, 2025
Daily FT
More funds for 2025 Yala paddy purchases
PMB spends Rs. 5.28 b from Rs. 6 b allocation to purchase 43,891 tons of Yala paddy across 16 districts Procurement focuses on Pollonnaruwa, Anuradhapura, and Trincomalee, where 79% of 2.2 m ton Yala harvest is complete Cabinet Spokesman and Minister Dr. Nalinda Jayatissa says SME mill loan scheme supports paddy collection, boosting participation during this season Notes Govt. mulls importing 40,000 tons of Keeri Samba or alternative variety amid shortage
1 min |
September 17, 2025
Daily FT
Anura Weerakoon joins Talawakelle Tea Board
ANURA Weerakoon has been appointed a Non-Executive Director at Talawakelle Tea Estates PLC.
1 min |
September 17, 2025
Daily FT
Govt. launches digital signatures for public officials
THE Public Administration Ministry has rolled out digital signatures for Government officers as part of efforts to modernise State services and improve efficiency in official transactions.
1 min |
September 17, 2025
Daily FT
Milinda Hewagama appointed to Kelani Valley Plantations Board
KELANI Valley Plantations yesterday announced the appointment of Milinda Hewagama as Non-Executive Director.
1 min |
September 17, 2025
Daily FT
SANASA Life launches 'Heenalanthaya' consumer promotion
SANASA Life Insurance has accomplished yet another milestone along with the launch of 'Heenalanthaya,' the largest consumer promotion in the organisation's history.
2 min |
September 17, 2025
Daily FT
Alliance Finance launches Sri Lanka's first Social Bond
ALLIANCE Finance Company PLC (AFC), Sri Lanka’s oldest operating non-banking financial institution, has set a historic milestone with the issuance of the country’s first-ever Social Bond, officially listed on the Colombo Stock Exchange (CSE) on 28 August.
2 min |
September 17, 2025
Daily FT
Underperforming Rs. 10 b RAMIS system at risk
RAMIS fails to deliver core functions like taxpayer portals, automated data analytics, risk management, and taxpayer validation World Bank assessment flags IT governance gaps, vendor oversight and staffing shortfalls RD plans in-house takeover by 2027 but lacks skilled staff and frameworks Reforms could yield 40x returns, but require culture change, modernisation and legislative reform
3 min |
September 17, 2025
Daily FT
Build SL 2026 International Expo
THE Chamber of Construction Industry of Sri Lanka (CCI) recently launched its flagship event Build SL 2026 International Expo at the Galadari Hotel Grand Ball Room.
1 min |
September 17, 2025
Daily FT
Japan extends nearly Rs. 2 b grant to boost dairy sector and Navy capabilities
THE Government of Japan has pledged a grant of Japanese Yen (JPY) 963 million or around Rs. 1.94 billion to support two key projects, to boost the dairy sector productivity and strengthen the operational capacity of the Sri Lanka Navy.
1 min |
September 17, 2025
Daily FT
EDB and Germany's Import Promotion Desk to expand cooperation
THE Sri Lanka Export Development Board (EDB) and Germany’s Import Promotion Desk (IPD) will formalise their longstanding collaboration through a Cooperation Agreement, expanding support to Sri Lanka’s digital products and services sector alongside natural ingredients and processed foods.
2 min |
September 17, 2025
Daily FT
Sri Lanka-Singapore Business Council elects new leadership at 28th AGM
THE 28th Annual General Meeting (AGM) of the Sri Lanka-Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce was held recently, with the participation of Republic of Singapore in Sri Lanka Honorary Consul General Dr. Jayantha Dharmadasa as the Chief Guest.
1 min |
September 17, 2025
Daily FT
Marco Polo makes grand debut with flagship store at OGF Mall
MARCO Polo, the premium modern casual wear brand inspired by the legendary explorer, has officially launched its flagship store at One Galle Face (OGF) Mall, Level 2, Shop No. 27.
1 min |