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Daily FT

Daily FT

Marikkar tears into Rs. 500 b Supplementary Estimate

SAMAGI Jana Balawegaya (SJB) MP S.M. Marikkar yesterday tore into the Government's Rs. 500 billion Supplementary Estimate for post-Ditwah recovery in 2026.

1 min  |

December 19, 2025

Daily FT

SSC certainly mean business

SSC certainly means business the way they have launched their campaign to win the Tier B 3-day league and gain promotion next year to the Major Clubs 3-day league.

1 min  |

December 19, 2025
Daily FT

Daily FT

HNB General Insurance wins Gold award in Insurance Sector at National Management Excellence Awards 2025

HNB General Insurance has been crowned the Gold Winner in the Insurance Sector at the National Management Excellence Awards (NMEA) 2025, organised by the Institute of Management of Sri Lanka (IMSL).

2 min  |

December 19, 2025

Daily FT

Sampath Bank announces two-year Rs. 20 b capital raising program

SAMPATH Bank PLC has moved to strengthen its Basel III Tier Il regulatory capital through a proposed Rs. 20 billion listed debenture program, to be implemented in phases over the next two years.

1 min  |

December 19, 2025
Daily FT

Daily FT

Evolution Auto launches Riddara RD6 Active

Auto has officially announced the launch of the Riddara RD6 Active, the country's latest all-electric double-cab pickup, which was unveiled at the prestigious BMICH Motor Show.

2 min  |

December 19, 2025
Daily FT

Daily FT

Tourism levy revenue rises as Govt. pushes unified nation brand and community-centred growth

Tourism Minister Vijitha Herath SRI Lanka's tourism sector is being steered towards a more integrated, communityfocused, and strategically branded future, with revenues from the Tourism Development Levy (TDL) continuing to rise and a renewed policy emphasis on positioning the country under a single national brand, Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath told Parliament.

3 min  |

December 19, 2025
Daily FT

Daily FT

Colombo Shopping Festival 40th edition officially inaugurated

THE 40th edition of Colombo Shopping Festival was has inaugurated by, Aitken Spence Travels Managing Director Nalin Jayasundera with the participation of event partners and exhibitors.

1 min  |

December 19, 2025
Daily FT

Daily FT

HNB strengthens national response to Cyclone Ditwah with Rs. 100 m commitment

HNB PLC has contributed Rs. 100 million towards the Rebuilding Sri Lanka Fund, reinforcing its commitment to national recovery efforts following the devastation caused by Cyclone Ditwah.

1 min  |

December 19, 2025
Daily FT

Daily FT

Economist warns IMF RFI too costly for Sri Lanka

Verité Research Chief warns Sri Lanka poised to repeat past mistakes amid cyclone recovery funding push Argues IMF RFI financing effective rate exceeds 6% and time-based surcharges add further 2.75% after three years IMF Executive Board decides on $ 200 m RFI today

3 min  |

December 19, 2025
Daily FT

Daily FT

Appeals Court clears Home LandsPentara project to proceed

Court refuses injunctions with costs, Home Lands continues with Rs. 30-35 b Pentara Residences construction Notes that Home Lands had obtained all necessary approvals from relevant authorities, and engaged in the construction process for several months Project is largest residential development investment, and Rs. 4.5 b land transaction highest in history of Colombo

3 min  |

December 19, 2025
Daily FT

Daily FT

Rajinikanth saga: From Bengaluru bus conductor to Tamil cinema superstar

FRIDAY, 12 December was a special day for millions of Tamil movie fans. It was the 75th birthday of popular Tamil cinema actor Rajinikanth. The evergreen filmstar has in a film career spanning fifty years, acted in 172 films. He is currently working on his 173rd movie.

10+ min  |

December 19, 2025

Daily FT

Govt. raises about Rs. 10 b from 5G spectrum auction; Dialog, SLT-Mobitel secure licences

THE Government yesterday raised approximately Rs. 10 billion from Sri Lanka's 5G spectrum auction, with Dialog Axiata PLC and SLT-Mobitel, a unit of Sri Lanka Telecom PLC, emerging as the sole bidders and being awarded spectrum licences.

2 min  |

December 19, 2025
Daily FT

Daily FT

Chance for table toppers Police SC to extend their lead

A table toppers Police SC led by Sri Lanka white ball cricketer Ashen Bandara have a very good chance to extend their lead at the top when they take on Chilaw Marians CC at the Colts grounds in one of six matches starting today as the SLC Major Club 3-day League enters its third weekend.

1 min  |

December 19, 2025

Daily FT

AASL posts over Rs. 19 b profit in 2025

THE Airport and Aviation Services (Sri Lanka) Ltd., (AASL) has registered a strong financial turnaround in 2025, posting a profit of Rs. 19.06 billion, reflecting an increase of Rs. 5.02 billion compared to the previous year.

1 min  |

December 19, 2025

Daily FT

IDSC completes data collection from businesses and industries

Reveals scale of industrial impact from Cyclone Ditwah, with 9,628 businesses directly affected

1 min  |

December 19, 2025
Daily FT

Daily FT

Insurance sector Ditwah-related exposure limited but weaknesses persist: Fitch

WHILE the Government and insurance industry regulator have urged insurers to expedite Ditwah-related settlements, Fitch Ratings has said that the exposure to flood and landslide risks were in fact limited.

3 min  |

December 19, 2025
Daily FT

Daily FT

Causes of landslides in Sri Lanka’s Central Highlands

Understanding landslide vulnerability | Natural factors contributing to landslides

3 min  |

December 19, 2025

Daily FT

Pathfinder Foundation launches landmark reports on mining and clean energy transformation

Landmark studies position Sri Lanka as an emerging hub for critical minerals and clean energy

2 min  |

December 19, 2025
Daily FT

Daily FT

Dialog launches Sri Lanka's largest 5G network, connecting over 1.5 m subscribers

Over 1.5 m Dialog subscribers already connected to the largest 5G network in Sri Lanka First operator to commercially enable 5G in Sri Lanka, powered by 220 live sites connected across the country, underscoring leadership in next-generation connectivity Only operator to secure 27 GHz spectrum, enabling gigabit speeds and advanced enterprise solutions, alongside 3500 MHz spectrum to support nationwide 5G coverage Plans to invest $ 100 m towards expanding 5G connectivity across Sri Lanka over the next two years Dialog offers the widest 5G roaming network, collaborating with 155 global partners across 76 countries, enabling high-speed 5G connectivity for inbound tourists and Sri Lankans travelling overseas

2 min  |

December 19, 2025

Daily FT

Editors’ Guild expresses concern over two incidents impacting freedom of expression

THE Editors’ Guild of Sri Lanka (TEGOSL) has expressed its grave concern regarding two recent incidents that have an adverse effect on the freedom of expression and media freedom in the country.

1 min  |

December 19, 2025
Daily FT

Daily FT

Namal's Krrish case fixed for Feb. over alleged Rs. 70 m misappropriation

THE Colombo High Court yesterday fixed 16 February for further proceedings in the case filed against Sri Lanka Podujana Peramuna (SLPP) Parliamentarian Namal Rajapaksa over the alleged misappropriation of Rs. 70 million linked to the Krrish transaction.

1 min  |

December 19, 2025

Daily FT

CSE ends in red on profit-taking, subdued activity

THE Colombo stock market closed yesterday in the red in another session characterised by sharp volatility amid subdued activity and profit taking.

1 min  |

December 19, 2025
Daily FT

Daily FT

Darin clinches Gold at Sri Lanka Powerlifting Nationals with record-breaking performance

SRI Lanka's powerlifting elite returned to the national stage on 6 December 2025 as the Sri Lanka Powerlifting Nationals were held at YMBA, Wadduwa, organised by the Sri Lanka Powerlifting Federation-a recognised member of the International Powerlifting Federation (IPF), Asian Powerlifting Federation, and Commonwealth Powerlifting Federation, under the purview of the Sports Ministry, Sri Lanka.

1 min  |

December 19, 2025
Daily FT

Daily FT

A fit-for-purpose Disaster Management Act

THE President's statement that the current Disaster Management Act is flawed may have been a feint to divert attention away from his acts of omission on disaster risk reduction as the Minister responsible.

6 min  |

December 19, 2025
Daily FT

Daily FT

Asia Rugby U19 Top 4 returns to SL after 26 years

Kandy tipped to host historic event

2 min  |

December 19, 2025

Daily FT

NDB strengthens mobility solutions through strategic partnership with Toyota Lanka

NATIONAL Development Bank PLC (NDB) has entered into a landmark Memorandum of Understanding (MoU) with Toyota Lanka, reinforcing the Bank’s commitment to offering customers convenient, flexible, and affordable leasing solutions for some of the world’s most trusted vehicles.

1 min  |

December 19, 2025
Daily FT

Daily FT

Varna sets industry record with over eight National Awards in 2025

VARNA Ltd., has achieved a landmark industry milestone, becoming the only flexible-packaging company in Sri Lanka to secure 10 national awards within a single year.

1 min  |

December 19, 2025
Daily FT

Daily FT

TiECon Sri Lanka 2026: Transforming entrepreneurial potential into tangible global growth and impact

AS Sri Lanka positions itself on the brink of a new chapter in entrepreneurial growth, the inaugural TiECon Sri Lanka 2026: Go Global - The Runway to the World marks a critical moment for the country’s businesses and their founders.

6 min  |

December 19, 2025

Daily FT

SLC appoints India's R. Sridhar as national team fielding coach

SRI Lanka Cricket (SLC) has appointed Ramakrishnan Sridhar as the fielding coach of the Sri Lanka national team, until the completion of the ICC Men’s T20 World Cup.

1 min  |

December 19, 2025
Daily FT

Daily FT

Prime Lands Residencies' J'Adore Negombo achieves 99% pre-sales and commences superstructure construction with ICC

PRIME Lands Residencies PLC has officially commenced construction of the superstructure landmark J'Adore Negombo, with International Construction Consortium (ICC).

1 min  |

December 19, 2025
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