Newspaper
Daily FT
Cabinet clears construction of new Wattuwakal bridge on A035 highway
THE Cabinet of Ministers on Monday approved awarding the construction contract for the new Wattuwakal Bridge (Bridge No. 50/1) on the Paranthan—Karatchi-Mullaitivu (A035) highway to M/s RR Construction Ltd., the lowest substantially responsive bidder.
1 min |
August 22, 2025
Daily FT
Thai Seafood Lunch at The Kingsbury’s Ocean
THE Kingsbury, Colombo, invites guests to embark on a culinary journey to Thailand with its exclusive Thai Seafood Lunch at Ocean Seafood Restaurant, one of Colombo's premier seafood destinations.
1 min |
August 22, 2025
Daily FT
Huawei receives “Outstanding Gold Award" at Hong Kong Privacy-Friendly Awards 2025
HUAWEI Services (Hong Kong) Co., Ltd. earned an “Outstanding Gold Award” at the “Privacy-Friendly Awards 2025” Presentation Ceremony organised by the Hong Kong Office of the Privacy Commissioner for Personal Data (PCPD).
2 min |
August 22, 2025
Daily FT
Expolanka Holdings beat DFCC Bank in MCA Premier League 50 Over
UNBEATEN, Expolanka Holdings qualified for the final, in the first Link Natural Products/ Musclegard sponsored, MCA Premier League 50 Over/ Whiteball Tournament 2025, which continued with the playoffs on Wednesday.
1 min |
August 22, 2025
Daily FT
Embassy in Sri Lanka marks 80th anniversary of Viet Nam’s Independence Day and 55 years of Viet Nam-Sri Lanka diplomatic relations
THE Embassy of Viet Nam in Sri Lanka held a distinguished commemorative event on Tuesday, at the Hilton Hotel, Colombo to celebrate two significant milestones: the 80th anniversary of Viet Nam’s Independence Day and the 55th anniversary of diplomatic relations between Viet Nam and Sri Lanka.
2 min |
August 22, 2025
Daily FT
Harsha’s strategy for financing long-term credit for SMEs: Is it viable?
AT a recent SME forum, Dr. Harsha de Silva proposed an approach to support Sri Lanka’s small and medium enterprises (SMEs) by creating a dedicated long-term credit facility by tapping into domestic provident funds. He underscored a critical challenge facing Sri Lanka’s financial sector: the collapse of the traditional development banking model following the country’s transition to middle-income status.
3 min |
August 22, 2025
Daily FT
Sampath Bank partners ADB to strengthen trade finance access
SAMPATH Bank PLC yesterday said that it has joined the Asian Development Bank's (ADB) Trade and Supply Chain Finance Program (TSCFP), a partnership aimed at widening access to trade finance across Sri Lanka.
1 min |
August 22, 2025
Daily FT
Lanka Salt Company reduces prices
LANKA Salt Ltd. Chairman Nandana Thilaka on Wednesday announced a reduction in the prices of its iodised salt products.
1 min |
August 22, 2025
Daily FT
Island Market on 27 Sept. at Town Hall outdoor car park
THE Island Market continues to support numerous small home-based business ventures adversely affected by the pandemic and economic crisis.
2 min |
August 22, 2025
Daily FT
Secondary Bond market yields pick up
■NCPI inflation recorded at + 0.70% in July
1 min |
August 22, 2025
Daily FT
SDB bank delivers Rs. 156 m PAT in 1H
SDB bank said yesterday that it reported a Profit After Tax (PAT) of Rs. 156 million for the first half of 2025. It recorded a 32% year-on-year increase in net fee income, while its Net Interest Margin rose to 5.64% in June 2025, supported by proactive yield and funding cost management.
1 min |
August 22, 2025
Daily FT
CBA celebrates 55 years with eye on global expansion
CEYLON Business Appliances (CBA) is celebrating 55 years in operation, marking its journey from a modest startup to becoming a formidable player in Sri Lanka's technology sector with plans to drive Al-led innovations and global expansion.
2 min |
August 22, 2025
Daily FT
Jaco to referee for 79th Bradby Shield Encounter
FORMER South African referee who was attached to Lions in South Africa, David Jacobus Brouwer will officiate at the 79th Bradby Shield encounter between Trinity College and Royal College on 23 August in Pallekele and the second leg at the Royal Sports Complex on 6 September.
1 min |
August 21, 2025
Daily FT
Ceylon Chamber welcomes UK's enhanced trade scheme
Says expanded tariff-free access to UK timely boost for SL apparel exports Urges exporters to familiarise themselves with new trade arrangement
1 min |
August 21, 2025
Daily FT
Film industry pushes for end to outdated import quotas amid resurgence in cinema attendance
Current NFC rules cap imports at 65 English, 25 Hindi, 70 Tamil and 25 other-language films, leaving cinemas short of content while streaming platforms surge Industry leaders highlight 2025's record box office revenue reaching Rs. 1.5 b in 1H, with multiple Sinhala films crossing Rs. 200 m, proving local cinema is thriving without protectionist quotas Stakeholders warn Rs. 10 b invested in IMAX, 4K multiplexes and new theatres over seven years could be wasted if quotas persist Call for tax incentives and policy reforms to boost production, technology and global collaborations, positioning Sri Lanka as competitive film hub
3 min |
August 21, 2025
Daily FT
Outstanding credit card balances up 7.2% to Rs. 160.9 b in June
Active credit cards up 8% YoY to over 2 m
1 min |
August 21, 2025
Daily FT
New Electricity Act comes into force
SRI Lanka's new electricity law took effect on Monday, aimed at ensuring a continuous and affordable supply of electricity while reducing greenhouse gas emissions and promoting renewable energy, the Parliament Secretariat said.
1 min |
August 21, 2025
Daily FT
UNDP launches SL's first Livestock Insurance Scheme to curb leopard killings
UNDP Sri Lanka through BIOFIN to cover cost of insurance premium LOLC Insurance to act as insurance provider
3 min |
August 21, 2025
Daily FT
Grant Thornton Advisors to acquire Stax
Together will serve almost 70% of US-based Private Equity International 300
3 min |
August 21, 2025
Daily FT
Unit trust AUMs up 7.7% to Rs. 613.2 b at end-July 2025
THE unit trust industry has grown 7.7%, with total Assets Under Management (AUMs) reaching Rs. 613.2 billion as of end-July 2025, up from Rs. 569.2 billion a year ago, data from the Unit Trust Association of Sri Lanka (UTASL) shows.
2 min |
August 21, 2025
Daily FT
Concessionary loan scheme to woo young entrepreneurs for agriculture and industry
THE Cabinet of Ministers on Monday approved implementing a concessional loan scheme at 4% interest to build 50,000 young entrepreneurs in the agriculture and industry sector within the next five years.
1 min |
August 21, 2025
Daily FT
CSE indices soar; turnover tops Rs. 11 b as market ends on a high
THE Colombo stock market sustained its high level yesterday amidst healthy turnover fuelled by bullish investor sentiments.
2 min |
August 21, 2025
Daily FT
President pushes primary healthcare, procurement reform in pre-Budget review
Reviews progress of projects funded under 2025 Budgetary allocations to Health and Mass Media Ministry Ministry covers 41 institutions under four departments Highlights new National Health Policy and Strategic Plan will be launched next year Calls for urgent improvements in procurement of medical equipment and medicines Directs officials to expedite acquisition of essential vehicles for critical services within 2025 Aims to expand “Suwa Seriya” ambulance service to 400 new locations Opines State media responsible for shaping public attitudes, directs to prepare dedicated financial plan to strengthen this role Discusses modernising Postal Service into hybrid courier and digital service
2 min |
August 21, 2025
Daily FT
Bradby Golf to tee off tomorrow
THE 10th edition of Bradby Golf between the old boys of Trinity College and Royal College powered by NDB Bank is scheduled to be held on 22 August, the day before the first leg of the Bradby Shield encounter at Victoria Golf Resort in Rajawella.
1 min |
August 21, 2025
Daily FT
Janashakthi Finance delivers Rs. 60 m Net Profit for Q1 FY 2025/26 under new brand identity
IN the wake of its strategic rebranding from Orient Finance PLC, Janashakthi Finance PLC, a subsidiary of JXG (Janashakthi Group) announced its financial results for the first quarter ended 30 June, reporting a Net Profit After Tax (NPAT) of Rs. 60 million.
1 min |
August 21, 2025
Daily FT
Empire Teas unveils plans to launch new venture in Spain
Empire Kenya continues to strengthen its presence in East Africa
1 min |
August 21, 2025
Daily FT
England set for Sri Lanka tour ahead of T20 World Cup
ENGLAND have confirmed a white-ball tour of Sri Lanka in the lead up to the 2026 ICC Men's T20 World Cup.
1 min |
August 21, 2025
Daily FT
Why everyone leaves Malaysia with an extra bag
FEW travellers leave Malaysia without buying an extra bag. From bargain-packed night markets to sprawling malls, shopping has become as much a part of the country’s appeal as its beaches or food.
3 min |
August 21, 2025
Daily FT
John Keells Properties reaches major construction milestone at VIMAN Ja-Ela
JOHN Keells Properties, Sri Lanka's leading real estate developer, marked a major construction milestone this week with the structural completion of Phase 1 at VIMAN Ja-Ela, its latest residential development.
2 min |
August 21, 2025
Daily FT
Govt. apartment complexes over 40 years old in Colombo to be redeveloped next year: NHDA
THE National Housing Development Authority (NHDA) officials recently disclosed that the Government apartment complexes in the Colombo District over 40 years old, are planned to be redeveloped next year.
1 min |