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Daily FT

Sashi Schaffter joins SDF Board

SARVODAYA Development Finance PLC (SDF) has appointed Sashi Schaffter to its Board as a Non-Executive, Non-Independent Director.

1 min  |

March 19, 2026

Daily FT

Opposition proceeds with no-confidence motion against Energy Minister

MEMBERS of Parliament have started endorsing a no-confidence motion against Power and Energy Minister Kumara Jayakody, according to sources from the Opposition Leader’s office.

1 min  |

March 19, 2026

Daily FT

Forbes Marshall Lanka wins Gold Flame at Sri Lanka National Energy Efficiency Awards 2025

FORBES Marshall Lanka, has won the Gold Flame in the Energy Efficiency Improvement category of the Best Energy Services Company Award at the Sri Lanka National Energy Efficiency Awards 2025.

1 min  |

March 19, 2026

Daily FT

Russia denies discussing financial, logistical issues regarding energy supplies to Sri Lanka

THE Russian Embassy in Colombo has said that no financial or logistical questions were raised during the recent meeting with Russian Ambassador L. Dzhagaryan and Sri Lanka Foreign Minister Vijitha Herath.

1 min  |

March 19, 2026
Daily FT

Daily FT

Undefeated HNB Assurance take on McLarens Group under lights tomorrow

HNB Assurance will go all out to emerge undefeated champs and take home the 'Fairfirst Trophy' when they take on McLarens Group in the finals of the 8th MCA - Fairfirst 'F' Division 20 over League Cricket tournament scheduled to be played at 6.30 p.m. under lights at the CCC ground tomorrow.

1 min  |

March 19, 2026
Daily FT

Daily FT

Extra exposure to external shock; Existential war in the Middle-East

DMR | //

4 min  |

March 19, 2026

Daily FT

Hayleys debenture issue oversubscribed

HAYLEYS PLC said its initial listed rated unsecured senior redeemable debenture issue has been oversubscribed, with applications exceeding Rs. 5 billion.

1 min  |

March 19, 2026

Daily FT

HNB named Sri Lanka's Best Retail Bank for 16th time at TAB Global Excellence in Retail Finance

HNB PLC has once again been recognised as Sri Lanka's Best Retail Bank for the 16th time at the TAB Global Excellence in Retail Financial Services Awards 2026, The awards ceremony was held on 12 March 2026 in Shanghai, China, recognising financial institutions for excellence in retail banking and innovation.

2 min  |

March 19, 2026

Daily FT

South Asian icons from Bangladesh, Sri Lanka, India and Pakistan feature in 21st century’s global merit poll

Four Sri Lankans included in Quarticentennial Merited Impacts Gazette: Dr. Jehan Perera, Prof. Chandra Wickramasinghe, Dr. Asha de Vos and Dr. A.T. Ariyaratne

3 min  |

March 19, 2026
Daily FT

Daily FT

ACCA recognition for Sampath Bank’s commitment to responsible banking

SAMPATH Bank PLC has been recognised as the Runner Up in the Banking Category at the ACCA Sustainability Reporting Awards 2025, held recently at Cinnamon Life, Colombo.

1 min  |

March 19, 2026
Daily FT

Daily FT

National Fuel Pass and fiction of Sri Lanka’s digitalisation

“SRI Lanka’s digitalisation drive is often defined by flashy headlines, high-profile conferences, and foreign trips.

6 min  |

March 19, 2026

Daily FT

Does new IR Bill violate Constitution over IFRS 17?

IN the bustling corridors of Sri Lanka’s insurance industry, a quiet revolution is underway.

7 min  |

March 19, 2026

Daily FT

Cabinet clears move to amend duty-free rules at Colombo Port City

THE Cabinet of Ministers at their meeting on Monday approved amendments to existing regulations enabling passengers arriving from abroad to make purchases at the duty-free shopping complex at Colombo Port City on two occasions, within four days of their arrival in the country.

1 min  |

March 19, 2026

Daily FT

Tough days ahead for Govt. and the public

PRESIDENT Anura Kumara Dissanayake on Tuesday assured the public that the Government has taken several steps to prevent an energy crisis and that the focus is on providing an uninterrupted supply of fuel, maintaining essential services, and providing relief to the people who become vulnerable due to the current situation.

2 min  |

March 19, 2026

Daily FT

CSE rebounds after five-day slump, ends 1.09% on the up

THE Colombo stock market yesterday saw a modest rebound, ending in green after declining for five straight sessions as investors chased value.

1 min  |

March 19, 2026

Daily FT

240-foot Bailey bridge with Indian funding opens in Chilaw

A 240-foot Bailey bridge on the Chilaw-Thoduwawa Road, connecting the coastal villages of Thoduwawa and Iranawila, was jointly inaugurated yesterday.

1 min  |

March 19, 2026
Daily FT

Daily FT

St. Joseph's College unveils sponsors of 2026 Schools' Rugby Season

ST. Joseph’s College, Colombo, recently kicked off their 2026 rugby season with a felicitation ceremony to unveil their sponsors for the upcoming Dialog Schools’ Rugby League.

2 min  |

March 19, 2026
Daily FT

Daily FT

Rohana Bandara Weerakoon assumes duty as Actg. GM/CEO of NSB

THE National Savings Bank (NSB) has announced that Rohana Bandara Weerakoon, a veteran banker and administrator, assumed duties as the Actg.

2 min  |

March 19, 2026

Daily FT

Banks branches open from 9 a.m. to 1 p.m.on Wednesdays

THE Central Bank of Sri Lanka and the banking sector will stay open on Wednesdays with bank branches open from 9 a.m. to 1 p.m.

1 min  |

March 18, 2026

Daily FT

Cabinet awards Rs. 2.27 b contract to Hayleys Fentons, India's JSL for 220kV transmission line

THE Cabinet of Ministers on Monday approved the award of over Rs. 2.2 billion (Rs. 2,269.18 million) contract (excluding VAT), for the construction of a 28 km long, 220kV double-circuit transmission line from the Mannar Grid Substation to the Mullikulam Collection Grid Substation under Lot B of the Mullikulam Wind Power Transmission Project.

1 min  |

March 18, 2026

Daily FT

Sajith says NPP Govt. has no 'Scenario Planning' 'to manage crisis

OPPOSITION Leader Sajith Premadasa yesterday told Parliament that the President Anura Kumara Dissanayake-led NPP Government has no \"scenario planning\" to deal with the crisis influenced by the war in the Middle East.

3 min  |

March 18, 2026

Daily FT

Cabinet clears plans to secure $ 620 m ADB financing

THE Cabinet of Ministers on Monday approved plans to secure $ 620 million in financing from the Asian Development Bank (ADB) under five key sub-programs to accelerate the country's reform agenda and support economic recovery.

1 min  |

March 18, 2026
Daily FT

Daily FT

CEO of the Year 2025 Honours Sri Lanka's Outstanding Corporate Leaders

The CEO of the Year 2025 Awards Ceremony was successfully held on, 26 February 2026, at the prestigious Cinnamon Grand Colombo, bringing together an exceptional gathering of national leaders, policymakers, diplomats, and eminent corporate figures.

2 min  |

March 18, 2026

Daily FT

Economy maintains momentum with 5% GDP growth in 2025

4Q GDP growth at 4.8%, down from 5.4% in 3Q 2025 Agriculture, Industry and Services, expand by 1.4%, 7.8% and 3.3% respectively Taxes less subsidies on products contributed 11.6% to GDP in 2025

3 min  |

March 18, 2026
Daily FT

Daily FT

CWIT reaches 1m TEUs in first year

Fastest Colombo Port terminal to a million containers handled

3 min  |

March 18, 2026

Daily FT

QR Fuel Pass glitches largely resolved, over 5 m users on system: Deputy Minister

Deputy Minister says most QR system issues fixed in under three days; platform now stable. Developed at no cost by MIT and Dialog; integration challenges with legacy Govt. systems highlighted. Over 5.09 m users and 5.10 m vehicles registered; nearly 440,000 new vehicles since 2023. New complaint channels to be introduced as 1919 hotline overwhelmed

1 min  |

March 18, 2026
Daily FT

Daily FT

Ceylinco Life's 2024 Annual Report wins prestigious double honours

CEYLINCO Life has secured two prestigious accolades for its 2024 Annual Report, reaffirming the Company's leadership in transparent, accountable and sustainability-driven corporate reporting.

2 min  |

March 18, 2026
Daily FT

Daily FT

Cabinet approves emergency coal tender, flexible energy procurement

IN a decisive move to safeguard national energy security, the Cabinet of Ministers on Monday approved an emergency coal procurement of 300,000 tons for the Lakvijaya Power Plant and authorised a temporary deviation from standard procurement procedures to secure fuel supplies over the next three months.

2 min  |

March 18, 2026

Daily FT

CBSL urges Govt. to stay on fiscal consolidation path

THE Central Bank of Sri Lanka (CBSL) yesterday urged the Government to continue its fiscal consolidation agenda, warning that rising global risks could affect macrofinancial stability.

1 min  |

March 18, 2026

Daily FT

US National Counterterrorism Centre director resigns over war on Iran

THE head of the United States' National Counterterrorism Centre, Joe Kent, has resigned over the US-Israel war on Iran.

1 min  |

March 18, 2026