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Daily FT

Daily FT

Edinborough Food Products signs with SAP S/4HANA Public Cloud (GROW with SAP) partnering PBSS Group

EDINBOROUGH Products Ltd., has commenced its SAP Cloud ERP transformation with PBSS Group, one of Sri Lanka’s most trusted and accomplished SAP partners.

2 min  |

December 12, 2025

Daily FT

ADB grants $ 200 m

The ADB leads the joint co-financing effort for the project, which is expected to mobilise $ 60 million from the OPEC Fund for International Development and $ 42 million from the International Fund for Agricultural Development, in addition to the ADB financing.

1 min  |

December 12, 2025
Daily FT

Daily FT

IMM snatches victory for Sri Lanka at ASOCIO Awards 2025

INCLUSIVE Media Monitoring Ltd., (IMM) has snatched a historic victory for Sri Lanka, clinching the coveted ASOCIO Outstanding Digital Transformation Organisation Award at a glittering ceremony held on 7 November in Taipei, Taiwan.

1 min  |

December 12, 2025

Daily FT

ICC Men's T20 World Cup 2026 tickets to go live today

Prices start at INR 100 and Rs. 1000

2 min  |

December 12, 2025
Daily FT

Daily FT

Excel World unveils FunPort, announces Snow World return

THIS festive season, Excel World takes centre stage once again as it transforms into Colombo’s coolest and most exciting destination with the spectacular return of Snow World 2025 and the grand introduction of FunPort, a reimagined, all-encompassing entertainment zone designed to elevate leisure and family fun in the city.

2 min  |

December 12, 2025
Daily FT

Daily FT

Last year's finalists Bloomfield, NCC come out for first time

SLC Major Club 3-day tournament

2 min  |

December 12, 2025
Daily FT

Daily FT

Nation branding ‘earned, not advertised’: Mudadeniya

SRI Lanka Tourism Advisory Committee Chairman Dileep Mudadeniya stressed that nation branding and destination marketing are fundamentally different, whilst urging the policymakers and industry stakeholders to clearly understand this distinction when shaping Sri Lanka’s long-term tourism strategy.

2 min  |

December 11, 2025

Daily FT

Hela Apparel outlines Rs. 15.1 b debt restructuring terms

HELA Apparel Holdings PLC yesterday said it has reached agreements in principle with all lending banks on a debt restructuring proposal covering Rs. 15.1 billion in existing borrowings, while discussions continue with prospective strategic investors regarding a potential investment ranging from Rs. 3 billion to Rs. 4.4 billion.

1 min  |

December 11, 2025
Daily FT

Daily FT

What it means to live with memory loss and dementia

IT is one of the most heartbreaking moments a child can face when a parent looks at them with confusion instead of recognition.

2 min  |

December 11, 2025

Daily FT

Cargills Bank announces Rs. 2.5 b rights issue

CARGILLS Bank PLC has proposed a Rs. 2.5 billion rights issue to boost its capital position and support lending expansion.

1 min  |

December 11, 2025

Daily FT

Work in Sri Lanka to unite global talent and local industry leaders

To host networking summit on 17 December

2 min  |

December 11, 2025
Daily FT

Daily FT

Hemas listed in Forbes' Top 200 Under A Billion in Asia for 2025

HEMAS Holdings PLC has been recognised among Forbes Asia’s 200 Best Under A Billion companies for 2025, ranking as one of the region’s top performing organisations.

1 min  |

December 11, 2025
Daily FT

Daily FT

Sampath Bank powers PickMe with cutting-edge payment tech

SAMPATH Bank PLC has partnered with Digital Mobility Solutions Lanka PLC, the legal entity behind PickMe, Sri Lanka’s leading technology platform facilitating mobility, delivery and experiences, to successfully integrate Visa's CyberSource internet Payment Gateway.

1 min  |

December 11, 2025

Daily FT

MIT and Microsoft to support data collection on damages caused by Cyclone Ditwah

Nations worldwide provide financial and material support to 'Rebuilding Sri Lanka'

1 min  |

December 11, 2025
Daily FT

Daily FT

Plantations veteran Sunil Poholiyadda joins Colombo Fort Land Board

THE Colombo Fort Land and Building PLC has appointed Sunil Poholiyadde to its Board as a Non-Executive Director.

1 min  |

December 11, 2025

Daily FT

ComBank named Sri Lanka's Best Trade Finance Bank at Euromoney Awards 2025

Honoured for outstanding support to Sri Lanka's trade sector

1 min  |

December 11, 2025
Daily FT

Daily FT

Sri Lanka to showcase largest-ever B2B country pavilion at Gulfood 2026 in Dubai

THE Export Development Board (EDB) of Sri Lanka is set to organise the country's largest-ever Business-to-Business (B2B) pavilion at the prestigious Gulfood International Trade Fair 2026, scheduled to take place from 26-30 January 2026, in Dubai, UAE.

2 min  |

December 11, 2025

Daily FT

SEC clears $ 53 m Mazagon deal for Colombo Dockyard

CAPITAL markets regulator, the Securities and Exchange Commission of Sri Lanka (SEC) has granted approval for Onomichi Dockyard Company Ltd., to sell its entire shareholding in Colombo Dockyard PLC to Indian giant Mazagon Dock Shipbuilders Ltd., for $ 53 million.

1 min  |

December 11, 2025
Daily FT

Daily FT

HNB honoured as 'Bank of the Year Sri Lanka 2025'

The Financial Times publication ‘The Banker’ magazine has honoured Hatton National Bank PLC (HNB) with the prestigious Bracken Award as the ‘Bank of the Year Sri Lanka 2025.”

1 min  |

December 11, 2025

Daily FT

ChatGPT becomes world's most downloaded app

DATA from AppMagic shows that between January and November 2025, ChatGPT was downloaded more than 902 million times, outpacing Tik Tok by nearly 200 million installs and leaving Instagram trailing by some 380 million.

1 min  |

December 11, 2025
Daily FT

Daily FT

High Court dismisses Greek Bonds case; Cabraal and others discharged

THE High Court yesterday threw out the long-running corruption case filed against former Central Bank of Sri Lanka (CBSL) Governor Ajith Nivard Cabraal and three other senior officials over the CBSL's 2011 investment in Greek Government Bonds.

2 min  |

December 11, 2025
Daily FT

Daily FT

Govt. in fresh push to expand tax net via voluntary compliance

Economic Development Deputy Minister Nishantha Jayaweera hosts senior tax officials to strategise on achieving 2026 revenue targets on current needs, resources gaps Highlights importance of a simplified system to improve compliance levels and public trust Directs officials to submit practical and urgent implementation plan

2 min  |

December 11, 2025
Daily FT

Daily FT

Vishenka and Samoan Auvae to make CR debut

CR & FC enter a decisive stage of their 2025 campaign with renewed energy as two major signings, Vishenka Silva and Samoan Auvae Gasolo, prepare to make their debuts on 13 December against CH & FC.

1 min  |

December 11, 2025

Daily FT

'Rebuilding Sri Lanka' Fund gets Rs. 1.9 b worth support

Treasury Secy. says insurance companies ready to compensate losses caused by Cyclone Ditwah

1 min  |

December 11, 2025
Daily FT

Daily FT

India unveil Women’s squad for Sri Lanka T20Is

INDIA has announced their squad for the five-match T20I series against Sri Lanka, starting 21 December.

1 min  |

December 11, 2025
Daily FT

Daily FT

Govt. tax concessions revenue loss hits Rs. 787 b since April 2023; 1H 2025 at 57%

Ministry of Finance Tax Expenditure Statement shows Rs. 285.7 b in exemptions recorded in 1H 2025 Rs. 501.4 b reported for 2023/24 and 2024 periods

4 min  |

December 11, 2025

Daily FT

CSE ends on the up for third straight session, regains 69% of lost value

THE Colombo stock market closed in green yesterday for the third straight session, gaining Rs. 119.7 billion in value.

1 min  |

December 11, 2025
Daily FT

Daily FT

Sri Lanka's tourism narrative is being written online; We must shape it now

EARLY global reactions to the recent cyclone suggest that the event did not create the reputational shock many feared.

3 min  |

December 11, 2025
Daily FT

Daily FT

Disappointed Stokes assesses England's Gabba defeat

THE visitors showed moments of promise but again failed to sustain pressure when the contest tightened in the second Test in Brisbane.

3 min  |

December 11, 2025

Daily FT

HNB sets benchmark in public transport payment digitalisation

HNB PLC, in collaboration with the Transport, Highways and Urban Development Ministry has announced the national launch of its digital bus fare payment solution on 24 November 2025 at the Makumbura Multi-Modal Centre.

2 min  |

December 11, 2025
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