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Daily FT

Daily FT

LB Finance continues growth momentum; PAT up 24% to Rs. 8.9 b

LB Finance PLC has reported a strong financial performance for the nine months ended 31 December 2025, recording a 24% year-on-year (YoY) increase in Profit After Tax (PAT) to Rs. 8.93 billion, underpinned by sustained income growth and a sound financial position.

2 min  |

January 23, 2026
Daily FT

Daily FT

Isipathana appoints Fijian Saimoni Rokini as Rugby Consultant

FORMER Fiji national sevens and XVs player, Saimoni Rokini will arrive in the Island today (23 Jan) and will be the Consultant for Isipathana Rugby outfit for 2026.

1 min  |

January 23, 2026
Daily FT

Daily FT

Chunchi to lead Zahira rugby

ZAHIRA College has announced their fourth-year coloursman Hakeem Chunchi to lead their 1st XV Rugby Team for the 2026 season.

1 min  |

January 23, 2026
Daily FT

Daily FT

Tea exports top $ 1.5 b in 2025 despite price pressures

SRI Lanka's tea industry delivered a stronger overall export performance in 2025, with volumes and earnings recording year-on-year (YoY) growth despite mixed results across product segments and pressure on average prices.

3 min  |

January 23, 2026

Daily FT

Banking giant JPMorgan buys WealthOS

JPMORGANCHASE, the US-based banking giant, has swooped to buy a British pensions technology company WealthOS as it tries to augment its retirement planning services to personal investing clients.

1 min  |

January 23, 2026

Daily FT

IMF reiterates commitment to Sri Lanka's recovery

Managing Director Kristalina Georgieva meets Harini in Davos; ADB President also engages Sri Lanka delegation

1 min  |

January 23, 2026

Daily FT

EFC National Best Employer Awards 2025 celebrates excellence in people-centred leadership

THE Employers' Federation of Ceylon (EFC) National Best Employer Awards 2025 was successfully held on Tuesday (20) under the distinguished patronage of Indian High Commissioner Santosh Jha, who graced the ceremony as Chief Guest.

1 min  |

January 23, 2026

Daily FT

Revised tax framework on gem imports aims to revive trade, boost exports to $ 1 b in 2026

NGJA introduces simplified tax assessment model based on a deemed value linked to weight of imported gemstones than their market value Precious gemstones such as rubies, sapphires and emeralds will be assigned a deemed value of $ 900 per kilogram, while semi-precious stones will be valued at $ 50 per kilogram for tax purposes Previous tax regime accelerated migration of local gem trade to competing centres such as Thailand, Dubai and Hong Kong due to liberalised, simplified tax systems

3 min  |

January 23, 2026

Daily FT

Real Madrid remain football's top earners but Liverpool overtake Man Utd

LIVERPOOL have overtaken Manchester United for the first time as the Premier League’s biggest-financial earners, but Real Madrid remained top performers in world football during the 2024-25 season, according to an annual financial list.

1 min  |

January 23, 2026

Daily FT

CSE inches up to new high

THE Colombo stock market ended a volatile trading session yesterday flat, with the benchmark index inching up to a new high.

2 min  |

January 23, 2026
Daily FT

Daily FT

Lion Brewery’s innovation and retail excellence recognised with dual honours at FMCG Asia Awards 2025

LION Brewery (Ceylon) PLC has strengthened its regional standing with two honours at the FMCG Asia Awards 2025, winning New Brand Launch of the Year (Sri Lanka) for True Born and Seasonal Campaign of the Year (Sri Lanka) for Carlsberg’s Display Drive and Merchandising initiative.

2 min  |

January 23, 2026

Daily FT

Senthilverl Holdings crosses 10% stake in Lee Hedges

SENTHILVERL Holdings Ltd., has crossed the 10% shareholding threshold in Lee Hedges PLC following share purchases executed on 19 January.

1 min  |

January 23, 2026

Daily FT

Sumathi Holdings into solar power with 5MW Wewila Eheliyagoda Project

SUMATHI Holdings Chairman Jagath Sumathipala is leading the Group’s commitment to renewable energy with the commissioning of a 5-megawatt (MW) ground-mounted solar power plant at Wewila, Eheliyagoda.

1 min  |

January 23, 2026
Daily FT

Daily FT

Global impact-investing expert Robert Webster to lead Executive Immersion Program in Sri Lanka

Global impact-investing expert Robert Webster to lead Executive Immersion Program ahead of Lanka Impact-Investing Forum

1 min  |

January 23, 2026

Daily FT

Families of disappeared lose out on relief payments

NEARLY Rs. 1 billion earmarked for families of the disappeared in the Government's Budget for 2025 have not been paid, with risk of the cash being returned to the Treasury.

3 min  |

January 23, 2026
Daily FT

Daily FT

Sri Lanka Tourism, go back to basics

THE reality of business is that we have to be strongly data driven as consumer lifestyles are constantly changing and companies have to adopt.

8 min  |

January 23, 2026
Daily FT

Daily FT

Marketing must remain aligned with economic conditions: BOC Chairman

BANK of Ceylon Chairman Kavinda de Zoysa delivered a keynote address at the recently concluded World Marketing Forum in Sri Lanka, presenting a unified and forward-looking perspective on marketing, finance, technology and Sri Lanka's accelerating economic recovery.

3 min  |

January 23, 2026

Daily FT

Women’s contributions undervalued despite global progress: PM at Davos

PRIME Minister Dr. Harini Amarasuriya has said the contributions of women continue to be systematically undervalued, particularly in unpaid care work, informal labour, and the agriculture sector, even as women increasingly assert their agency in political, economic, and social spheres around the world.

1 min  |

January 23, 2026

Daily FT

Jaffna International Trade Fair opens today

THE Jaffna International Trade Fair (JITF), Northern Sri Lanka’s largest and most influential multi-trade exhibition, opens today for its 16th consecutive year, running from 23 to 25 January 2026 at the Muttraweli Ground, Jaffna.

1 min  |

January 23, 2026
Daily FT

Daily FT

Chinese support to revitalise agricultural sector

A discussion on addressing challenges in Sri Lanka’s agriculture sector, as well as related environmental issues, under the Memorandum of Understanding on Enhancing China-Sri Lanka Agricultural Productivity, was held yesterday under the patronage of the Secretary to the President, Dr Nandika Sanath Kumanayake.

1 min  |

January 23, 2026
Daily FT

Daily FT

Improving medical services requires change in attitudes and goals, not mega spending

Leadership from the Minister is paramount

5 min  |

January 23, 2026

Daily FT

CBSL report on inflation deviation to be presented to Parliament

THE Cabinet of Ministers on Monday approved tabling a report in Parliament detailing the deviation of headline inflation from the target set under the Monetary Policy Framework of the Central Bank of Sri Lanka Act. No. 16 of 2023.

1 min  |

January 23, 2026

Daily FT

Digital revolution comes to Sri Lankan insurance

Australian tech leaders partner to transform industry Chatura Hettiarachchi and John Gamble bring award-winning uBind Platform with Al orchestration to Sri Lanka

6 min  |

January 23, 2026

Daily FT

Single largest coal procurement delayed and mishandled due to idiocracy

THE recent debate and controversy over the single largest coal procurement needs to be unravelled.

2 min  |

January 23, 2026
Daily FT

Daily FT

Sri Lanka moves to align organic standards with global requirements

SRI Lanka is taking steps to align its national organic agriculture standards with international requirements, as the Export Development Board’s National Organic Control Unit (NOCU) begins a series of stakeholder awareness workshops on proposed changes to the legal and regulatory framework governing the country’s organic export sector.

1 min  |

January 23, 2026

Daily FT

Infinity Gift Card partners with Singer Sri Lanka

Offers Singer Sri Lanka e-gift vouchers to gift-givers and recipients via Infinity Gift Card platform

1 min  |

January 23, 2026
Daily FT

Daily FT

Secondary Bond market yields continue downward trajectory, activity robust

THE secondary Bond market yesterday saw rates initially start off on a consolidative tone.

1 min  |

January 23, 2026
Daily FT

Daily FT

Major Plate commences today with teams wary of relegation

NUGEGODA SWC and Kurunegala YCC will make a head start in the Major Plate commencing today, having carried forward the highest number of points from the Major Club 3-Day League group stage from the six teams competing.

1 min  |

January 23, 2026

Daily FT

Barmy Army invades Sri Lanka

THE British Barmy Army has landed in Sri Lanka, formerly known as the colony of Ceylon, with drums beating, songs flowing, and spirits soaring.

3 min  |

January 23, 2026
Daily FT

Daily FT

IRONMAN 70.3 brings city's leadership together to ignite #ActiveColombo momentum

Western Province Governor and Colombo Mayoress lead a united inter-agency and private- sector effort to deliver a world-class international endurance event

2 min  |

January 23, 2026