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Daily FT
No Chinese firm pulled out from Ambuluwawa cable car project: Cabinet Spokesman
CABINET Spokesman and Minister Dr. Nalinda Jayatissa yesterday clarified that while a Chinese national is among the shareholders of the proposed Ambuluwawa cable car project, no Chinese company pulled out of the venture, amid growing public debate and scrutiny over the development.
2 min |
January 22, 2026
Daily FT
Navigating new era of global taxation: Implications of OECD Pillar Two for Sri Lanka's FDI strategy
IN an increasingly interconnected global economy, the rules governing international taxation are undergoing a profound transformation.
5 min |
January 22, 2026
Daily FT
Hayleys in win-win move goes for Rs. 9 b Rights and Rs. 4.5 b dividend
First ever since business leader Dhammika Perera's takeover in 2009, Rights Issue of three new shares for 50 held at Rs. 200 each to fund investments, partial debt settlement of Hayleys Separately declares Rs. 6 per share dividend worth Rs. 4.5 b for FY26 Prior to announcements, share price gains by Rs. 30.50 to Rs. 248.50
1 min |
January 22, 2026
Daily FT
Jaffna discourse and Anura’s unreason; Forming SJB-UNP bloc without prevarication
These remarks were made by Sri Lanka’s President in a speech on 16 January to a largely Tamil audience in Jaffna, with every sentence translated, real time, into Tamil.
7 min |
January 22, 2026
Daily FT
Echoes of Palestine: ‘The Heritage of the Homeland Trampled by a Superpower’ unveiled
Imthiaz Bakeer Markar's powerful collection revisits decades of advocacy for Palestine
2 min |
January 22, 2026
Daily FT
PM participates in high-level bilateral meetings at World Economic Forum in Davos
PRIME Minister Dr. Harini Amarasuriya participated in a series of high-level bilateral meetings on Tuesday on the sidelines of the 56th Annual Meeting of the World Economic Forum (WEF) in Davos-Klosters, Switzerland.
1 min |
January 22, 2026
Daily FT
Evolution Auto marks major milestone
Delivers IM 6 electric vehicles to first customers in Sri Lanka
1 min |
January 22, 2026
Daily FT
Transformation isn't a strategy, it's a brain state
MOST transformation fails for one simple reason: Leaders try to change systems before they change signals.
3 min |
January 22, 2026
Daily FT
LOLC Finance launches short-term Fixed Deposits with higher returns
LOLC Finance, Sri Lanka’s largest Non-Bank Financial Institution (NBFI), has announced the launch of its Exclusive Short-Term Fixed Deposits, offering 4-month and 7-month maturity options at some of the most attractive and competitive interest rates in the market.
2 min |
January 22, 2026
Daily FT
Education reform:…
The method: How reform gets done
4 min |
January 22, 2026
Daily FT
NTB secures $ 70 m IFC funding to support small businesses
First Sri Lankan bank to secure postcrisis multilateral debt funding through IFC
1 min |
January 22, 2026
Daily FT
Govt. rescinds Gazette altering boundaries of Wedithalathive Nature Reserve following Supreme Court proceedings
THE Government of Sri Lanka has formally rescinded Extraordinary Gazette No. 2383/05 dated May 6, 2024, which altered the boundaries of the Wedithalathive Nature Reserve, through the issuance of Extraordinary Gazette No. 2463/47 dated November 21, 2025.
1 min |
January 22, 2026
Daily FT
Sri Lanka showcases early childhood reforms at Global Caregiver Forum in Madrid
SRI Lanka used the global stage recently to highlight its expanding focus on early childhood development and caregiving reforms, as Women and Child Affairs Minister Saroja Savithr Paulraj participated in the inaugural Global Caregiver Forum 2026 held in Madrid, Spain.
2 min |
January 22, 2026
Daily FT
Baseline Road Stage III extension gets green light
THE Cabinet of Ministers on Monday approved the commencement of construction work on Stage lll of the Baseline Road Extension Project, Which had been temporarily suspended amid the economic crisis.
1 min |
January 22, 2026
Daily FT
WindForce secures Letter of Award for 50 MW Mullikulam Wind Power Project – Lot 1
WINDFORCE PLC has been awarded the official Letter of Award by the Ceylon Electricity Board (CEB) for Lot 1 of the 50 MW Mullikulam Wind Power Project, confirming the company's position as the Lowest Cost Bidder for one of Sri Lanka's most strategically significant renewable energy developments.
1 min |
January 22, 2026
Daily FT
Janashakthi Finance appoints Indresh Fernando as CFO
JANASHAKTHI Finance PLC, formerly known as Orient Finance PLC and a subsidiary of JXG (Janashakthi Group), has appointed Indresh Puvimanasinghe Fernando as its Chief Financial Officer.
1 min |
January 22, 2026
Daily FT
Fairway Latitude launches with a vision of sustainable urban luxury
WITH a focus on liveable luxury and urban connectivity, Fairway Holdings this week launched its seventh apartment project, Latitude, bringing family-centric living to Colombo 05.
3 min |
January 22, 2026
Daily FT
CBL Group announces strategic acquisition of Indonesian coconut company
Invests over $ 25 m in PT. Tri Jaya Tangguh Indonesia. Plans underway to expand exports to Europe and US
1 min |
January 22, 2026
Daily FT
UK trade reforms: A transformational opportunity for Sri Lanka's apparel industry
SRI Lanka's apparel sector has entered a new phase of opportunity following sweeping reforms to the United Kingdom's Developing Countries Trading Scheme (DCTS), which came into effect on 1 January 2026.
5 min |
January 22, 2026
Daily FT
Union Assurance empowers top performers with Momentum
UNION Assurance, Sri Lanka’s longest standing private life insurer, hosted “Momentum 2026” at Cinnamon Grand Colombo, bringing together its high performing advisers and leaders.
1 min |
January 22, 2026
Daily FT
Almas sheds part of non-voting Renuka Holdings stake for Rs. 243 m
ALMAS Holdings Ltd., has divested a 24.78% stake in Renuka Holdings PLC for a consideration of Rs. 243 million.
1 min |
January 22, 2026
Daily FT
Vehicle registrations surge in December 2025 to 10-year high
JB Securities analysis shows Dec. registrations rise to 48,525 units, highest monthly level in a decade Passenger vehicle volumes in 2025 around 50% higher than pre-COVID 2019, though below 2015 tax-driven peak Vehicle imports generate around Rs. 905 b in tax revenue in 2025, equivalent to about 2.7% of GDP High vehicle taxation seen as supporting fiscal consolidation and GDP growth rather than straining foreign exchange
4 min |
January 22, 2026
Daily FT
T-Bill rates drop at auction for first time in 5 week
Secondary Bond market consolidates, activity remains robust
2 min |
January 22, 2026
Daily FT
Operationalise National Commission on Women
A group of political activists last week sent a petition to President Anura Kumara Dissanayake about the lack of recourse for women who are subjected to violence.
2 min |
January 22, 2026
Daily FT
Writer Business Services enters Sri Lanka to provide information management and payments solutions
To launch a world-class secure storage facility in Seeduwa § Brings advanced information management, including cybersecurity and payments solutions tailored for banking, government, and large enterprises
2 min |
January 22, 2026
Daily FT
BASL issues statement over social media posts on Attorney General
THE Bar Association of Sri Lanka (BASL) yesterday said it is deeply concerned about recent social media posts that target the Attorney General.
2 min |
January 22, 2026
Daily FT
Sri Lanka to join Indian Ocean Coastal Alliance
THE Cabinet of Ministers on Monday approved signing a Memorandum of Understanding (MoU) to establish the Indian Ocean Coastal Alliance, aimed a strengthening regional cooperation in fisheries management.
1 min |
January 22, 2026
Daily FT
Sunshine Holdings to buy 75% stake in leading export-oriented agri firm for Rs. 2.7 b
Joint Agri Products Ceylon specialises in processing and exporting of spices, coconut products and teas, mainly to EU and US
1 min |
January 22, 2026
Daily FT
Dr. Anura Ekanayake appointed Chemanex Chairman, Waruna Madawanarachchi appointed to Board
CHEMANEX PLC has appointed Dr. Anura Ekanayake as Chairman of its Board and appointed Waruna Madawanarachchi as a Non-Independent, Non-Executive Director.
1 min |
January 22, 2026
Daily FT
Siddhalepa Ayurveda opens new outlet at BIA
SIDDHALEPA Ayurveda, a key pillar of the Hettigoda Group of Companies, has opened its newest outlet at the Departure Terminal of the Bandaranaike International Airport (BIA), Katunayake.
1 min |