Try GOLD - Free
Banks' Association pledges strong support for economic revival
Daily FT
|December 04, 2025
THE Sri Lanka Banks' Association (SLBA) in a meeting with Central Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe yesterday pledged its fullest support to revive the country's economy following the damage inflicted by Cyclone Ditwah.
-
The banks represented by the Association stated that a detailed impact assessment has already been initiated across banks to identify the impact to individuals, small businesses, and large corporates and encouraged impacted customers to speak to their respective bank branch managers.
This story is from the December 04, 2025 edition of Daily FT.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Daily FT
Daily FT
Secondary Bond market activity subdued; yields consolidate
THE secondary Bond market opened the new trading week on a dull note, with activity remaining subdued as participants took a cautious stance.
1 min
December 09, 2025
Daily FT
Need for daily official updates about upcountry access roads for tourists
DUE to the recent cyclone access roads to Nuwara Eliya have been severely affected.
1 mins
December 09, 2025
Daily FT
Axiata sees Sri Lanka emerging as digital investment hub: Group CEO Vivek Sood
■Notes investment decisions hinge on long-term returns from emerging digital infrastructure and potentials in healthcare, financial services and education ■Says encouraged by Govt.s digital ambitions, regulatory openness, market structure, macro signals and depth of talent ■Opines market scale and consumer appetite for innovation drive Group's long-term commitment
2 mins
December 09, 2025
Daily FT
A STRATEGIC IMPERATIVE: WHY SRI LANKA’S DEBT MANAGEMENT MUST TRANSITION BEYOND THE CENTRAL BANK
The recent enactment of the Central Bank of Sri Lanka Act No. 16 of 2023 (CBSL Act) and Public Debt Management Act No. 33 of 2024, in September 2023 and June 2024, respectively, mark a turning point in Sri Lanka’s economic governance.
4 mins
December 09, 2025
Daily FT
VAT reform in a time of crisis
Assessing MSME readiness amidst Ditwah cyclone aftermath and the 2026 compliance mandate
5 mins
December 09, 2025
Daily FT
Army SC, Ragama CC forced to settle for first innings wins
Tier B 3-Day tournament
1 mins
December 09, 2025
Daily FT
Akbar Brothers crowned Mercantile 'A' Division Basketball champions
AKBAR Brothers Ltd. delivered a commanding all-round performance to clinch the 'A' Division title at the 33rd MSBA League Basketball Tournament, defeating defending champions Fairfirst Insurance 70-60 in a thrilling final held on Friday, 5 December.
1 min
December 09, 2025
Daily FT
EDB launches fast-track relief to support exporters affected by adverse weather
THE Export Development Board (EDB) has launched a rapid relief and recovery program following the severe impact of adverse weather conditions on Sri Lanka’s export sector.
1 mins
December 09, 2025
Daily FT
LNBTI hosts inaugural convocation, marking historic milestone for Sri Lanka-Japan education
LANKA Nippon BizTech Institute (LNBTI), Sri Lanka’s first Japanese-affiliated IT higher education institute, held its Inaugural Convocation on 14 November 2025, at the BMICH, Colombo—marking a significant milestone in the country’s education landscape and strengthening the longstanding friendship between Sri Lanka and Japan.
1 mins
December 09, 2025
Daily FT
CSE closes on the up, recovers 5% of last week's value loss
THE Colombo stock market yesterday opened the week on the up, gaining Rs. 22.6 billion in value and recovering barely 5.2% of the Rs. 424 billion loss sustained last week.
1 mins
December 09, 2025
Listen
Translate
Change font size