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Daily FT

Daily FT

Opposition petitions Govt. to withdraw Praja Shakthi circular, cites political motives

Opposition Leader Sajith Premadasa criticises Praja Shakthi as a political tool allegedly used by Govt. to expand JVP influence over grassroots structures Alleges misuse of State mechanisms, claiming funding is insufficient for poverty alleviation while public tax burdens rise Claims authority is shifting from elected representatives to JVP-aligned cadres, centralising control over village committees and youth groups Warns of a “constitutional authoritarian model,” threatening democratic space and representation under President AKD

1 min  |

November 15, 2025

Daily FT

DFCC's Rs. 3 b Blue Bond issue oversubscribed on opening day

SRI Lanka's first Blue Bond issuance, launched by DFCC Bank, was oversubscribed on its opening day yesterday, prompting the bank to close subscriptions early.

1 min  |

November 14, 2025
Daily FT

Daily FT

United Motors Group posts Rs. 1.4 b PAT in 1H

Marks sharp recovery after vehicle import ban lifted

1 min  |

November 14, 2025
Daily FT

Daily FT

Enfection showcases Al Knowledge Agents at National Al Conference 2025

ENFECTION, a marketing-technology company focused on Al-led communication and experience solutions, was selected to showcase its latest AI Knowledge Agents at the National AI Exhibition and Conference 2025, held on 29 and 30 September at the Monarch Imperial in Colombo.

1 min  |

November 14, 2025

Daily FT

Kelani Valley railway upgrade stalls despite Rs. 1 b allocation

THE Kelani Valley Railway Line Project has made almost no progress despite receiving Rs. 250 million in 2024, the Parliamentary Sectoral Oversight.

1 min  |

November 14, 2025

Daily FT

IMF says reviewing 2026 Budget; decision to release next tranche in coming weeks

Stresses need for Sri Lanka to continue reforms, including trade liberalisation, governance, Notes protecting vulnerable groups should be a priority

1 min  |

November 14, 2025

Daily FT

Bond auction fully subscribed for first time in seven weeks

THE weekly Treasury Bond auction was fully subscribed yesterday-the first time in seven weeks that the market absorbed the entire offered amount.

1 min  |

November 14, 2025
Daily FT

Daily FT

ICC Sri Lanka signs National Committee Partnership Agreement with ICC Academy in Singapore

ON the sidelines of the ICC Asia Pacific Regional Consultative Group (RCG) Meeting and the ICC Academy Supply Chain Finance Summit in Singapore, the International Chamber of Commerce (ICC) Sri Lanka signed a National Committee Partnership Agreement with the IC Academy, the educational arm of the International Chamber of Commerce (ICC).

1 min  |

November 14, 2025
Daily FT

Daily FT

Indo-Lanka Handicraft and Cultural Festival 2025 kicks off

THE Indo-Lanka Handicraft and Cultural Festival 2025 was inaugurated yesterday by India’s High Commissioner to Sri Lanka Santosh Jha at the Havelock City Mall, Colombo.

1 min  |

November 14, 2025

Daily FT

Experts hail Budget for consistency, discuss implementation hurdles and opportunities

Key insights shared at Daily FT-Colombo University MBA Alumni Association post-Budget Forum 2026

10+ min  |

November 14, 2025
Daily FT

Daily FT

IFS showcases real-world impact of Al through industry-specific scenarios

Unveils five new partnerships with some of the fastest-growth Al companies looking for further expansion by applying capabilities with IFS.ai

3 min  |

November 14, 2025
Daily FT

Daily FT

Govt. disburses over Rs. 4 b to SMEs: Treasury debunks critics

Dr. Harshana Suriyapperuma clarifies Govt.-led and private sector-driven initiatives progressing well, with disbursements and reforms advancing faster than perceived, Says over 90% of, Rs. 20 b allocation already disbursed, Anticipates higher revenue target for 2026 as number of LCs opened for vehicle imports continue to soar

2 min  |

November 14, 2025
Daily FT

Daily FT

Sampath Bank books nine-month PAT of Rs. 21.5 b, up 21% YoY

SAMPATH Bank has produced strong results for the nine months ended 30 September, maintaining its growth momentum in 2025.

6 min  |

November 14, 2025
Daily FT

Daily FT

DENZA drives into Sri Lanka in South Asian debut

SRI Lanka has officially welcomed DENZA, the premium new energy vehicle (NEV) brand from the BYD Group marking its first foray into South Asia, in an exclusive event at Waters Edge on Wednesday.

2 min  |

November 14, 2025

Daily FT

CA Sri Lanka seminar analyses 2026 Budget and calls for collective stewardship

CA Sri Lanka seminar analyses 2026 Budget, hails progress and calls for collective stewardship

4 min  |

November 14, 2025
Daily FT

Daily FT

Minor Hotels Sri Lanka ushers in festive season with heartwarming Christmas cake mixing ceremonies

MINOR Hotels Sri Lanka joyfully welcomed the season of celebration with two enchanting Christmas cake mixing ceremonies held at its signature coastal sanctuaries — Anantara Peace Haven Tangalle Resort, Anantara Kalutara Resort, and Avani Kalutara Resort.

1 min  |

November 14, 2025

Daily FT

CSE signs MoU with Seylan Bank to streamline foreign investment

THE Central Depository Systems (Pvt) Ltd. (CDS), a wholly owned subsidiary of the Colombo Stock Exchange (CSE), signed a Memorandum of Understanding (MoU) with Seylan Bank PLC to enhance the facilitation of Inward Investment Accounts (IIAs) for nonresident Sri Lankans and Foreign Individuals (FIs) who wish to open CDS accounts through the CSE Mobile App.

1 min  |

November 14, 2025
Daily FT

Daily FT

SLIC Life partners BASL to offer exclusive retirement plans for legal fraternity

SRI Lanka Insurance Life, has partnered with the Bar Association of Sri Lanka (BASL) to introduce the Sri Lanka Insurance Life Rakawarana Retirement Plan, an exclusive retirement plan designed for the legal community.

2 min  |

November 14, 2025
Daily FT

Daily FT

BOC reports strong 3Q profit of Rs. 87.7 b, strengthening market position

BANK of Ceylon (BOC) continued to demonstrate its strength and stability in the third quarter of 2025, reaffirming its role as a cornerstone of Sri Lanka’s financial landscape.

6 min  |

November 14, 2025

Daily FT

Where great minds meet great workplaces: Celebrating excellence at Great HR Awards 2025

A dazzling celebration of leadership, innovation, and people power—the CIPM Great HR Awards 2025, in collaboration with Mercer, is set to honour organisations that redefine the standards of excellence in people management and workplace culture.

1 min  |

November 14, 2025
Daily FT

Daily FT

Evolution Auto opens flagship multi-brand EV showroom

EVOLUTION Auto recently opened its multi-brand Electric Vehicle (EV) showroom in Bambalapitiya.

1 min  |

November 14, 2025

Daily FT

LB Finance sets stage for deeper push into two- and three-wheeler financing: Analysts

THE country’s retail vehicle financing market is heading for a reshuffle as LB Finance (LFIN) absorbs Associated Motor Finance (AMF), with First Capital Research (FCR) projecting that the merger will open a new growth phase for LFIN’s loan book over the next two years.

1 min  |

November 14, 2025
Daily FT

Daily FT

Budget 2026: Reform with fairness – A vision for stability, trust, and growth

THE 2026 Budget, presented by President and Finance Minister Anura Kumara Dissanayake, comes at a defining moment in the country's post-crisis transformation.

6 min  |

November 14, 2025
Daily FT

Daily FT

Sri Lanka to continue tour of Pakistan

All matches scheduled for Rawalpindi Sri Lanka opt for third seamer - Madushan replaces Theekshana for second ODI Kusal Mendis to play in his 150th ODI

3 min  |

November 14, 2025
Daily FT

Daily FT

NPP’s Budget 2026: Cautious where it should be, but not bold where it could be

A GDP growth rate of 7% is an ambitious target. An ambitious target requires ambitious actions, but is Budget 2026, the National People’s Power (NPP) party’s first real Budget bold enough to deliver on such an ambitious target?

6 min  |

November 14, 2025

Daily FT

2026 Budget: A balancing act between IMF program and relief

SRI Lanka's 2026 Budget marks an important point in the country’s long and difficult path to economic recovery that commenced in 2022. It seeks to strike a delicate balance—maintaining fiscal discipline under the International Monetary Fund (IMF) program while reigniting growth and restoring confidence. However, it offers limited proposals for easing the burden on citizens and businesses, particularly from both direct and indirect taxes.

3 min  |

November 14, 2025

Daily FT

One in five Lankans affected by diabetes - womb-to-tomb disease

DIABETES is a serious public health issue here at home, with one in five Sri Lankans affected by this silent epidemic.

3 min  |

November 14, 2025
Daily FT

Daily FT

Fintrex Finance and TVS Lanka partner to drive affordable mobility in Sri Lanka

FINTREX Finance PLC has entered into a strategic partnership with TVS Lanka through the signing of a Memorandum of Understanding (MoU).

1 min  |

November 14, 2025
Daily FT

Daily FT

Why insurance industry must step out of the box

FOR decades, insurance in Sri Lanka—and indeed much of the region—has remained a predictable business. From the way policies are sold to how customers are serviced, very little has truly evolved. Yes, the language of marketing has changed, call centres are more responsive, and digital portals now replace the dusty filing cabinets of yesteryear. But in essence, the model is still rooted in the same premise: pay your premium, stay covered, and hope you never have to claim.

7 min  |

November 14, 2025

Daily FT

Inter-Club Rugby League 2025/26 kicks off today

THE wait is finally over for local rugby fans as the Sri Lanka Rugby (SLR) Inter Club Rugby League 2025/2026 season kicks off today (14 November), marking the start of four months of high-intensity action.

1 min  |

November 14, 2025