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Daily FT

Finance company sector assets up 35% YoY to Rs. 2.49 t by Q3 2025

THE Non-Bank Finance Company (FC) sector expanded sharply in the year to end-September 2025, with total assets growing 35.3% year-on-year (YoY) to Rs. 2.49 trillion, driven primarily by a strong increase in loans and advances, according to the Central Bank of Sri Lanka's Financial Soundness Indicators (FSI) for the third quarter of 2025.

1 min  |

January 03, 2026

Daily FT

Local Government debt up 24.6% YoY by end-Sept 2025; Western Province drives increase

SRI Lanka's total outstanding debt held by Provincial Councils and local Government authorities rose 24.62% in the six months to 30 September 2025, increasing by Rs.1,268 million to Rs. 6,419 million from Rs. 5,151 million as at 31 March 2025, according to Finance Ministry tracking.

1 min  |

January 03, 2026

Daily FT

Electronic card fare payments rolled out on SLTB buses

ELECTRONIC card-based fare payments were introduced on Sri Lanka Transport Board (SLTB) buses yesterday, marking another step in the Government's broader digitalisation drive within public transport.

1 min  |

January 03, 2026
Daily FT

Daily FT

Usman Khawaja calls time on career

AUSTRALIA batter Usman Khawaja has announced his retirement from international cricket, set to draw curtains on his career at the end of the Sydney Ashes Test that begins on Sunday.

1 min  |

January 03, 2026

Daily FT

Sajith slams CEB for proposing tariff hike

Hits out at Govt. over unfulfilled election promises regarding electricity tariffs and IMF program

1 min  |

January 03, 2026

Daily FT

Cyclone Ditwah: Wake-up call for national security policy and strategy

CYCLONE Ditwah did more than uproot trees, wash away homes, and inundate businesses of all sizes.

4 min  |

January 03, 2026
Daily FT

Daily FT

Hatton Plantations and WNPS PLANT launch 24 km riparian forest corridor

DETERMINED to work to turn the tide one step, one acre at a time, The Wildlife and Nature Protection Society's Preserving Land and Nature (PLANT) initiative announced a strategic land partnership with Hatton Plantations PLC (HPL) to restore riparian ecosystems along the source locations of two of Sri Lanka's most critical river systems in the Central Highlands.

3 min  |

January 03, 2026

Daily FT

CBSL Governor to outline policy agenda for 2026 on 8 Jan.

CENTRAL Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe will announce the bank's policy agenda for 2026 next Thursday (8 January) amid concerns of external sector and inflationary pressures post-Ditwah.

2 min  |

January 03, 2026
Daily FT

Daily FT

Solar power on irrigation canals: A dual solution for energy and water conservation

ACROSS the world, solar power has emerged as one of the fastest-growing sources of clean energy.

4 min  |

January 03, 2026
Daily FT

Daily FT

Understanding GNH principles of Bhutan

WE start the year 2026 by focusing on the concept of authentic happiness and how it is directly linked to transforming a direly harmed planet.

9 min  |

January 03, 2026
Daily FT

Daily FT

Sunshine Holdings sets standard for workplace excellence

SUNSHINE Holdings PLC has always believed that its people are the heart of its success.

2 min  |

January 03, 2026

Daily FT

Health Minister seeks Rs. 1 b damages over YouTube claims on drug imports

HEALTH Minister Dr. Nalinda Jayatissa has issued a legal notice demanding Rs.

1 min  |

January 03, 2026
Daily FT

Daily FT

Sri Lanka participates at intl. conference on Global Partnership against Online Scams in Bangkok

THE Ministry of Foreign Affairs of Thailand, in partnership with the United Nations Office on Drugs and Crime (UNODC), successfully co-hosted the International Conference on the Global Partnership against Online Scams in Bangkok, Thailand.

2 min  |

January 03, 2026
Daily FT

Daily FT

Sri Lanka forecasts $20 b in export earnings this year: EDB Chief

■Merchandise exports forecast to exceed $ 15.7 b in 2026, while services exports to rise to $ 4.3 b ■ Expansion of services exports critical pillar of long-term strategy, particularly ICT, logistics and tourism-related services

1 min  |

January 03, 2026

Daily FT

Govt.’s sex education mess up

EDUCATION Ministry Secretary Nalaka Kaluwewa this week lodged a complaint with the Criminal Investigation Department (CID) following the discovery of the link to an inappropriate website appearing in a module related to Grade 6 English language prepared by the National Institute of Education.

3 min  |

January 03, 2026
Daily FT

Daily FT

Scienter, Orel Cloud, and Microsoft support Govt. with digital Inventory Control System for Ditwah relief

New system enables monitoring and tracking of financial and non- financial from donor origin to benefactor

2 min  |

January 03, 2026

Daily FT

Reds halt Havies unbeaten run under lights

CR and FC ended Havelock Sports Club’s unbeaten run with a 33/14 bonus-point victory in their Inter Club Rugby League first-round encounter played under lights at Longdon Place last night.

1 min  |

January 03, 2026

Daily FT

Zohran Mamdani sworn in as New York City Mayor, creating history

Mamdani, the US city’s first Muslim Mayor, is also youngest person to be inaugurated in generations

2 min  |

January 02, 2026
Daily FT

Daily FT

Ferentino Tyres redefines OEM tyre market in Sri Lanka with 75% value share

FERENTINO Tyres has emerged as the undisputed leader in Sri Lanka's Original Equipment Manufacturer (OEM) tyre market, commanding an extraordinary 75% value share, the company stated.

1 min  |

January 02, 2026
Daily FT

Daily FT

First international jewellery fair for 2026 FACETS Sri Lanka opens tomorrow

SRI Lanka is set to welcome the global gem and jewellery fraternity tomorrow as FACETS Sri Lanka 2026, the country's flagship gem and jewellery exhibition, opens its doors at The Forum, Cinnamon Life at City of Dreams, Colombo.

1 min  |

January 02, 2026
Daily FT

Daily FT

Dollar posts worst annual fall in eight years, more weakness seen in 2026

THE dollar ended 2025 with the sharpest annual retreat in eight years and investors say more declines are coming if the next Federal Reserve Chief opts for deeper interest rate cuts as anticifor deeper interest rate cu pated.

2 min  |

January 02, 2026

Daily FT

PABC begins New Year defined by people, purpose, and courage to move

PAN Asia Bank yesterday marked the New Year with a moment of reflection, not on numbers alone, but on the deeper forces that shape progress over time.

1 min  |

January 02, 2026

Daily FT

CEB seeks to recover Rs. 13 b from 11.7% tariff hike in 1Q

4,453 GWh net generation forecast for 1Q based on IMF GDP growth forecast of 3.1% and applied demand growth rate of 3.72% Ditwah damage to transmission towers, distribution lines and access roads adds to emergency repair and maintenance costs estimated at Rs. 20 b Rs. 5.8 b unrecovered revenue from delayed past tariff revisions and restoration of curtailed Return on Assets tighten cost recovery ahead of review by PUCSL

3 min  |

January 02, 2026

Daily FT

Heshan Peiris joins Ceylinco Holdings’ Board

CEYLINCO Holdings PLC has appointed Heshan Peiris to its Board as an Independent NonExecutive Director.

1 min  |

January 02, 2026
Daily FT

Daily FT

SLIC Life and SLIC General inaugurate business operations for 2026

SRI Lanka Insurance Corp. General inaugurates business operations for 2026

4 min  |

January 02, 2026

Daily FT

SPAR Group, South Africa, pledges Rs. 35 m to 'Rebuilding Sri Lanka' Fund

SPAR Group, South Africa has pledged Rs. 35 million to the Rebuilding Sri Lanka Fund, reinforcing its support for nationwide recovery efforts following Cyclone Ditwah.

1 min  |

January 02, 2026

Daily FT

Ceylon Cold Stores wins top honour at Sri Lanka National Quality Awards 2023

CEYLON Cold Stores PLC (CCS) has achieved a major national milestone by being named the Winner Award recipient at the Sri Lanka National Quality Awards 2023, under the Large, Manufacturing Category.

2 min  |

January 02, 2026
Daily FT

Daily FT

"The SpongeBob movie" in Lankan cinemas from today

ANIMATED adventure comedy The SpongeBob Movie will be shown in seven cinemas in Sri Lanka from today.

1 min  |

January 02, 2026
Daily FT

Daily FT

Presidential Task Force appointed to steer post-Ditwah recovery and rebuilding

Prime Minister to chair Task Force comprising Ministers, bureaucrats and private sector professionals

3 min  |

January 02, 2026

Daily FT

Australia name provisional T20 World Cup squad

AUSTRALIA have announced a provisional 15-player squad for ICC Men’s T20 World Cup 2026 in Sri Lanka and India.

1 min  |

January 02, 2026