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Daily FT

AIA Insurance takes Sri Lankan creativity to world with major wins at Dragons Awards

AIA Insurance Lanka Ltd., has made a powerful impression across Asia, earning prestigious recognition at the Dragons of Asia Awards 2025 for its innovative and purpose-driven campaign, Suwa Walan.

2 min  |

October 24, 2025

Daily FT

India beat New Zealand to seal semi-final spot

INDIA virtually sealed the fourth semifinal spot in the ICC Women’s Cricket World Cup when they beat New Zealand by 53 runs (DLS method) in a crucial game for both teams played at Navi Mumbai yesterday.

1 min  |

October 24, 2025

Daily FT

Newly-appointed Consul General of Sri Lanka assumes duties in Shanghai

THE newly-appointed Consul General of Sri Lanka to Shanghai, China, Pamoda Gooneratne assumed duties at the Consulate General of Sri Lanka in Shanghai, China, on 17 October.

1 min  |

October 24, 2025
Daily FT

Daily FT

Janashakthi Finance leads way in Islamic Finance excellence at IFFSA Awards

MARKING a powerful moment of recognition on the regional stage, Janashakthi Finance PLC, formerly known as Orient Finance PLC and a subsidiary of JXG (Janashakthi Group), has secured a Merit Award at the 10th International Islamic Finance Forum South Asia (IFFSA) Awards 2025. The accolade, awarded in the highly competitive category of ‘Islamic NBFI Window/Unit of the Year 2024/2025’, positions Janashakthi’s Alternative Finance Business Unit (AFBU) as one of the most dynamic and forward-looking Islamic finance divisions in South Asia. More than just an industry nod, this achievement highlights Janashakthi Finance’s emergence as a purpose-led force in ethical and inclusive financial innovation.

2 min  |

October 24, 2025

Daily FT

INSEE becomes first cement company in SL to achieve EcoLabel certification

INSEE Cement (Siam City Cement (Lanka) Ltd.,) has become the first cement company in Sri Lanka to achieve the prestigious 'EcoLabel' certification from the National Cleaner Production Centre (NCPC), Sri Lanka.

1 min  |

October 24, 2025

Daily FT

Virtusa hosts leadership from British insurer CFC to unveil 200-seat digital service hub in Sri Lanka

VIRTUSA Corporation, in partnership with CFC, a pioneer in insurance solutions for emerging risk and market leader in cyber, yesterday opened the doors to CFC's 200-seat digital services hub in Colombo.

2 min  |

October 24, 2025

Daily FT

England win series vs NZ after rain ruins third T20

ENGLAND'S third T20 against New Zealand was washed out by rain in Auckland, giving Harry Brook's side a 1-0 series victory. Just 3.4 overs were possible either side of an initial interruption with the Black Caps reaching 38-1.

1 min  |

October 24, 2025
Daily FT

Daily FT

Senaka Kakiriwaragodage joins CSE Board

SENAKA Kakiriwaragodage has been appointed to the Board of the Colombo Stock Exchange (CSE) as a Director with effect from 3 October.

1 min  |

October 24, 2025
Daily FT

Daily FT

Sapphire Dragon at Cinnamon Life serves up authentic Cantonese cuisine

THERE'S something quietly poetic about dining above a city. From the 23rd floor of Cinnamon Life’s City of Dreams, Sapphire Dragon watches Colombo unfold beneath a haze of tropical sunlight, its glass walls framing a skyline that seems to hum in rhythm with the kitchen’s own gentle choreography. Here, Cantonese cuisine has found not just a home, but a stage.

2 min  |

October 24, 2025
Daily FT

Daily FT

Sri Lanka shines at Luxperience 2025 in Sydney

Over 1,000 successful meetings highlight rising demand from Australian market

2 min  |

October 24, 2025
Daily FT

Daily FT

John Keells Properties marks structural completion of VIMAN Ja-Ela Phase 2

JOHN Keells Properties (JKP) has successfully completed the structural works of Phase 2 at VIMAN Ja-Ela, marking yet another step forward in the creation of its pioneering suburban residential community.

1 min  |

October 24, 2025

Daily FT

Chocoholics announces first international expansion with entry into Saudi Arabia

CHOCOHOLICS, dessert café brand renowned for its Belgian chocolate creations, yesterday announced its first international expansion with plans to open outlets in Saudi Arabia, marking the beginning of a broader global journey.

1 min  |

October 24, 2025

Daily FT

Four dead, over 3,000 families affected by heavy rains across 14 districts

MORE than 12,000 people from 3,036 families have been impacted by the ongoing adverse weather conditions across 14 districts, the Disaster Management Centre (DMC) said yesterday.

1 min  |

October 24, 2025

Daily FT

Union Assurance wins Gold at Dragons of Sri Lanka 2025

UNION Assurance, has announced its triumph at Dragons of Sri Lanka Awards 2025, securing a Gold Dragon for its transformative brand campaign titled, “Exit Insurance. Enter Progress.”

1 min  |

October 24, 2025
Daily FT

Daily FT

ACL Cables unveils ACL SAX Medium Voltage Covered Conductor system

ACL Cables PLC unveiled its state-of-the-art ACL SAX Medium Voltage Covered Conductor (MVCC) System at Techno 2025.

2 min  |

October 24, 2025
Daily FT

Daily FT

Four nations. One ring. One unforgettable night: KFL 006 delivers beyond expectations

ON 11 October, Cinnamon Life — City of Dreams came alive as KFL 006 delivered a spectacle that will be remembered as a landmark in South Asian combat sports.

2 min  |

October 24, 2025

Daily FT

Home Lands moves forward with construction of Bayfonte Marina, Negombo

Sri Lanka's first tourist resort apartment complex

1 min  |

October 24, 2025
Daily FT

Daily FT

Researchers urged to drive agri-modernisation to cut import dependency

SRI Lanka’s Agriculture Minister K.D. Lalkantha yesterday said the country’s persistent reliance on imports for essential food items continues to weigh heavily on consumers and the economy.

1 min  |

October 24, 2025

Daily FT

Deanath Kulathunga champion HSBC Premier Golfer for 2025

HSBC recently concluded its 12th Premier Golf Tournament, an exclusive event celebrating the Bank's longstanding relationship with customers which saw over 140 golfers, the highest number to participate at this event.

1 min  |

October 23, 2025
Daily FT

Daily FT

Unspoken rift: When founders and siblings collide in family businesses

In Sri Lanka, where reverence for parental authority runs deep, such differences can simmer silently for years until they erupt explosively when the next generation assumes power.

4 min  |

October 23, 2025
Daily FT

Daily FT

Hayleys enters large-scale supermarket sector with 100 outlets first

Says move underscores Group's strategic thrust towards bringing quality, reliability and service excellence closer to everyday Sri Lankan consumers, redefining the modern retail experience

1 min  |

October 23, 2025
Daily FT

Daily FT

Weligama PS Chairman’s murder: Four Police teams deployed

FOUR Police teams have been deployed to investigate the murder of Weligama Pradeshiya Sabha (PS) Chairman Lasantha Wickramasekara (38), who was shot dead yesterday (22) morning, Police Media Spokesman Assistant Superintendent of Police (ASP) F.U. Wootler said.

1 min  |

October 23, 2025

Daily FT

Parliament adopts PDPA Amendment Bill

THE Parliament on Tuesday adopted the Committee Stage amendments to the Personal Data Protection Act (PDPA).

1 min  |

October 23, 2025
Daily FT

Daily FT

Govt. resorting to change law to revive FDI with tax incentives

Cabinet Spokesman and Minister Dr. Nalinda Jayatissa says changes to Mahinda Rajapaksa-era Strategic Development Projects Act to support capital-intensive projects critical for economic recovery

1 min  |

October 23, 2025

Daily FT

Govt. to extend Kelani Valley Railway; Rs. 250 m allocated for feasibility study

CABINET Spokesman Minister Dr. Nalinda Jayatissa yesterday said the Government has begun the process of selecting a consultancy firm to conduct a feasibility study and prepare detailed plans for extending the Kelani Valley Railway line from Avissawella to Ratnapura.

1 min  |

October 23, 2025

Daily FT

Govt. developing national building code with World Bank support

CABINET Spokesman Minister Dr. Nalinda Jayatissa yesterday said the Government is developing a national building code for Sri Lanka, with technical support from the World Bank.

1 min  |

October 23, 2025
Daily FT

Daily FT

Domestic debt growth slows as FDI underperforms – Economist

Peradeniya University Economics Professor Wasantha Athukorala calls for labour, land and capital factor market reforms to revive underperforming FDIs Commends decreasing growth in Govt. domestic debt, signalling stabilisation in borrowing and improved fiscal discipline Domestic debt growth has eased from over Rs. 100 b a month since 2019, peaking at Rs. 300 b in 2022, to about Rs. 50 b a month in 2025

2 min  |

October 23, 2025

Daily FT

Parliament Sub-Committee directs data collection on microfinance debt

Microfinance lenders to be summoned to explore relief for defaulters

1 min  |

October 23, 2025
Daily FT

Daily FT

COPF calls for tariff reform, stronger excise enforcement as levies on onions and potatoes rise

THE Parliament Secretariat yesterday said the Committee on Public Finance (CoPF) has approved higher Special Commodity Levies (SCL) on imported big onions and potatoes while issuing sweeping directives to reform Sri Lanka's tariff regime, strengthen excise duty enforcement, and improve agricultural productivity.

1 min  |

October 23, 2025

Daily FT

Australian NDC delegation visits SLN Headquarters

A delegation of the Australian National Defence College’s (NDC) Defence and Strategic Studies Course (DSSC), led by Colonel Brandon Wood, called on Sri Lanka Navy (SLN) Commander Vice Admiral Kanchana

1 min  |

October 23, 2025