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Daily FT

Prime builds nation's most connected property experience with first-of-its-kind technology ecosystem

PIONEERING digital solutions to transform the property ownership experience, Prime Group, Sri Lanka's leading real estate developer, has unveiled a revolutionary suite of digital tools following a comprehensive five-year digitalisation journey in procurement, construction, project management, and customer workflows to transforms how Sri Lankans embrace their property dreams.

2 min  |

December 16, 2025

Daily FT

Economy picks up pace in 3Q

SRI Lanka's economy in the third quarter of 2025 has picked up the pace and maintained the upward trajectory for a second consecutive quarter, after losing momentum since 3Q 2024.

3 min  |

December 16, 2025
Daily FT

Daily FT

Viet Nam and Sri Lanka deepen economic ties

THE Third Meeting of the Viet Nam-Sri Lanka Joint Subcommittee on Trade was recently convened under the Co-Chairmanship of Viet Nam Industry and Trade Deputy Minister Phan Thi Thang and Sri Lanka Trade Secretary K.A. Vimalenthirarajah.

4 min  |

December 16, 2025

Daily FT

SDF lists high-yield sustainable Bonds on Luxembourg bourse

Company expects overseas listing to support future funding requirements To position SDF among international sustainable finance investors

1 min  |

December 16, 2025

Daily FT

ComBank leads SME lending for fifth consecutive year

Finance Ministry data shows bank accounted for more than 30% of total banking sector loans disbursed to SMEs

2 min  |

December 16, 2025

Daily FT

Economic activity expands in November, PMI points to moderation

THE country's manufacturing and services sectors in November have expanded, though at a slower rate compared to the previous month, as per the Purchasing Managers' Index (PMI), its compiler the Central Bank of Sri Lanka (CBSL) said.

1 min  |

December 16, 2025
Daily FT

Daily FT

Japanese business delegation visits National Chamber of Commerce of Sri Lanka

THE National Chamber of Commerce of Sri Lanka (NCCSL) has hosted a Japanese business delegation, headed by Leader of the Delegation Akashi Yasuo, on 12 December 2025, for a focused discussion aimed at strengthening bilateral economic cooperation, particularly in key development sectors.

1 min  |

December 16, 2025
Daily FT

Daily FT

Omega Line crowned overall Best Exporter of the Year at Presidential Export Awards 2024/25

Sri Lanka's largest apparel exporter to Europe also clinches three other national titles

1 min  |

December 16, 2025

Daily FT

World Bank to provide $ 120 m for emergency post-Ditwah spending

Financing comes from repurposing existing projects funded by World Bank

2 min  |

December 16, 2025
Daily FT

Daily FT

Dialog Finance partners Softlogic Life Insurance to transform digital premium payments

DIALOG Finance PLC has partnered with Softlogic Life Insurance PLC to integrate a best-in-class Internet Payment Gateway (IPG) enabling clients to seamlessly settle insurance premiums through Softlogic Life's website using Visa, Mastercard, or Amex cards.

1 min  |

December 16, 2025

Daily FT

Patients are denied their own health records?

THE recent directive urging doctors to write prescriptions clearly is a welcome step.

1 min  |

December 16, 2025

Daily FT

Secondary Bond market activity subdued; yields consolidate

THE secondary Bond market yesterday opened the new trading week slowly, with activity remaining subdued.

1 min  |

December 16, 2025
Daily FT

Daily FT

Ex-CPC Chief arrested over corruption probe

FORMER Ceylon Petroleum Corporation (CPC) Chairman Dhammika Ranatunga was taken into custody yesterday by officers of the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) in connection with an ongoing investigation.

1 min  |

December 16, 2025
Daily FT

Daily FT

Sri Lanka Business Council UAE concludes Sri Lanka Expo Pavilion 2025

THE Sri Lanka Business Council UAE (SLBC), operating under the Dubai Chamber of Commerce, successfully concluded the Sri Lanka Expo Pavilion 2025 at the Pullman Dubai Creek City Centre, marking a significant milestone in the Council's 35-year history.

2 min  |

December 16, 2025
Daily FT

Daily FT

Yaden Laboratories donates Rs. 20 m to 'Rebuilding Sri Lanka' Fund

WITH its commitment to supporting the health care needs of the community, Yaden Laboratories Ltd., has donated Rs. 20 million to the 'Rebuilding Sri Lanka Fund' instantly stepping forward to support the nation rebuilding following Cyclone Ditwah.

1 min  |

December 16, 2025
Daily FT

Daily FT

NOC SL prepares for Asian Beach Games to be hosted by China

SRI Lanka has taken another important step in its preparation for the 6th Asian Beach Games Sanya 2026 with the National Olympic Committee of Sri Lanka (NOC SL) participating in the 1st Chef de Mission seminar organised by the Olympic Council of Asia and the Sanya Asian Beach Games Organising Committee.

1 min  |

December 16, 2025
Daily FT

Daily FT

Sri Lanka nears 16% tax-to-GDP milestone

FINANCE and Planning Deputy Minister Dr. Anil Jayantha Fernando yesterday said Sri Lanka is on the cusp of reaching a long-sought fiscal milestone, with tax revenue expected to rise to 16% of GDP by the end of this year, reflecting a sharp turnaround driven by record collections and renewed public trust in the management of State finances.

2 min  |

December 16, 2025

Daily FT

IRD postpones new VAT tax invoice format to April 2026

THE Inland Revenue Department (IRD) has said the implementation of the new tax invoice format and specifications for Value Added Tax (VAT) registered persons has been deferred to 1 April 2026.

1 min  |

December 16, 2025
Daily FT

Daily FT

CHEC South Asia & Southeast Asia completes emergency clearing of A5 highway after Cyclone Ditwah

CHINA Harbour Engineering Company Ltd., South Asia & Southeast Asia, working in close coordination with the Sri Lanka Army, the Road Development Authority (RDA), local authorities and surrounding communities, has recently completed the emergency clearing of the A5 highway, restoring a vital transportation link that had been severely obstructed by landslides and debris in the aftermath of Cyclone Ditwah.

2 min  |

December 16, 2025
Daily FT

Daily FT

Pushpika Janadheera reappointed SLAMERP Chairman

THE Sri Lanka Association of Manufacturers and Exporters of Rubber Products (SLAMERP) has reappointed Dipped Products PLC Managing Director Pushpika Janadheera, as its Chairman at the Association's 15th Annual General Meeting.

2 min  |

December 16, 2025
Daily FT

Daily FT

CSE stamps BOC's proposed Rs. 20 b Bond issue

Subscription list opens 22 Dec. and limited to qualified investors, as specified in prospectus Initial offer to raise Rs. 10 b, with two additional options of Rs. 5 b each BOC assets grow 11% or Rs. 579 b YTD Sep. 2025, with retained earnings at Rs. 200 b

1 min  |

December 16, 2025
Daily FT

Daily FT

National Council for Disaster Management convenes under patronage of President

THE 16th meeting of the National Council for Disaster Management was held yesterday morning (15) at the Presidential Secretariat under the patronage of President Anura Kumara Dissanayake.

3 min  |

December 16, 2025

Daily FT

CSE opens week in red losing Rs. 53 b in value after five-session rally

THE Colombo stock market yesterday opened the week in red losing Rs. 52.9 billion in value after failing to sustain last week’s five-day rally.

1 min  |

December 16, 2025

Daily FT

England confirm playing XI for third Ashes Test

ENGLAND make one change to their side as they aim to stay alive in the Ashes series.

1 min  |

December 16, 2025
Daily FT

Daily FT

Assetline Finance Kiribathgoda Branch strengthens presence with strategic relocation

THE Kiribathgoda branch of Assetline Finance, the flagship company under the financial services arm of David Pieris Holdings, has relocated to a new, enhanced premises at No. 398, Kandy Road, Kiribathgoda.

1 min  |

December 16, 2025
Daily FT

Daily FT

Tourism Promotion Bureau hosts French media tour

Initiative coincides with visit of celebrated French National Rugby player Serge Betsen

1 min  |

December 16, 2025

Daily FT

Accountability beyond incompetence, moving beyond the Cabraal case

THE recent decision of the High Court to exonerate former Central Bank Governor Ajith Nivard Cabraal in the Greek Government Bond case has again highlighted the difficulty in holding those responsible for economic crimes to account and the thin lines between corruption and 'executive decisions.'

2 min  |

December 16, 2025

Daily FT

VFS Global launches Malta visa application centre in Sri Lanka

THE Malta High Commission in New Delhi and VFS Global, have announced the launch of the Malta Visa Application Centre in Colombo.

2 min  |

December 16, 2025

Daily FT

Rajagiriya: A constrained market with high growth velocity

IN 2024, Rajagiriya reaffirmed its position as one of the most constrained and high-potential suburbs in Colombo's apartment market.

2 min  |

December 16, 2025

Daily FT

2nd annual Janashakthi Life – ICA International Half-Marathon draws over 2500 participants from 39 countries

THE Indian Cultural Association (ICA) successfully concluded the second annual Janashakthi Life – ICA International Half-Marathon on Sunday, 14 December in Colombo.

2 min  |

December 16, 2025