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Daily FT

Daily FT

Secondary Bond market yields close broadly steady

@ Foreign holdings in Rupee Treasuries record inflow for second straight week; hits highest level in 1.5 years @ Money market liquidity holds steady @ Rupee closes marginally up

2 min  |

September 08, 2025

Daily FT

Foreign Minister heads to Geneva for UNHRC session

FOREIGN Minister Vijitha Herath yesterday morning departed for Geneva to attend the 60th session of the United Nations Human Rights Council (UNHRC), scheduled to open today, the Foreign Ministry said.

1 min  |

September 08, 2025

Daily FT

EY Sri Lanka sets out guidelines for SVAT phaseout

WITH the Government abolishing Simplified Value Added Tax (SVAT) from 1 October 2025, EY Sri Lanka has issued guidelines on how businesses can manage the transition and comply with strict timelines.

3 min  |

September 08, 2025
Daily FT

Daily FT

Dayan Jayatilleka: The strategist Sri Lanka discarded

HE gave Sri Lanka its only victory at Geneva. Six weeks later he was thrown aside. A nation that trashes its finest minds does not deserve victory — and that is why we keep losing.

4 min  |

September 08, 2025

Daily FT

Crackdown on illegal vehicle modifications from today

THE Government will begin enforcing laws against vehicles with unauthorised and hazardous modifications from today, Deputy Transport Minister Dr. Prasanna Gunasena announced yesterday.

1 min  |

September 08, 2025
Daily FT

Daily FT

Japan’s PM Shigeru Ishiba resigns after election drubbing

JAPAN’S Prime Minister Shigeru Ishiba yesterday announced he was stepping down after less than a year in the role, following two major election losses, the BBC reported.

1 min  |

September 08, 2025
Daily FT

Daily FT

MAS furthers sustainability journey, commits to net-zero emissions by 2048

GLOBAL apparel and textile conglomerate MAS Holdings is looking to further its sustainability efforts, recently announcing that it has committed to reducing its total greenhouse gas (GHG) emissions to net-zero by 2048.

2 min  |

September 08, 2025

Daily FT

Is India a 'tariff king'? Not really

THERE is a widespread but fallacious perception that India’s tariffs are inordinately high.

4 min  |

September 08, 2025
Daily FT

Daily FT

JW.ORG's Colombo International Convention generates $ 7.6 m revenue, welcomes 3,500 delegates

THE Jehovah's Witnesses (JW. ORG) yesterday said that its threeday International Convention of Jehovah's Witnesses, held from 5-7 September at the Sugathadasa Indoor and Outdoor Stadium, concluded successfully, bringing together more than 3,500 international delegates from 10 countries and over 14,000 total participants, including local members.

1 min  |

September 08, 2025
Daily FT

Daily FT

Rohan Karr appointed to The Fortress Resorts Board

LEISURE industry veteran Rohan Karr has been appointed as a Non-Executive Director on the Board of The Fortress Resorts PLC.

1 min  |

September 08, 2025
Daily FT

Daily FT

People’s Bank, Agriculture Ministry launch concessional loan scheme for young agripreneurs

PEOPLE’S Bank yesterday said it has partnered with the Agriculture, Livestock, Land and Irrigation Ministry on a concessionary loan scheme to support young agripreneurs in Sri Lanka.

1 min  |

September 08, 2025

Daily FT

HNB partners David Pieris Automobiles to offer leasing solutions for BAIC vehicles

HATTON National Bank PLC (HNB) yesterday said it has partnered with David Pieris Automobiles Ltd., to offer leasing solutions for the BAIC vehicle range, strengthening access to affordable and reliable mobility across the country.

1 min  |

September 08, 2025
Daily FT

Daily FT

Taxes for life: Shaping our collective future through education

WHEN Benjamin Franklin wrote these words back in 1789, he likely didn’t imagine they would still ring so true centuries later. At first glance, the line may seem like a clever remark. But it holds a deeper truth: taxes much like death are a universal part of life. Inevitable, often misunderstood, and sometimes dreaded, taxes quietly power the engines of society.

6 min  |

September 08, 2025

Daily FT

Turkish Airlines resumes flights to Libyan city after a decade

TURKISH Airlines has announced that it has resumed operations to Misrata, its third destination in Libya, following the launch of fights to Tripoli and Benghazi. The national flag carrier had suspended flights to Misrata in January 2015.

1 min  |

September 08, 2025

Daily FT

Sri Lanka Logistics & Freight Forwarders Association condemns dubious award schemes

THE Sri Lanka Logistics & Freight Forwarders Association (SLFFA) has taken serious note of the increasing circulation of unsolicited emails and flyers targeting Sri Lanka’s logistics community — particularly SLFFA members — by little-known overseas entities claiming to host “awards ceremonies.”

1 min  |

September 08, 2025
Daily FT

Daily FT

Prof. Ananda Jayawardane joins Prime Lands Residencies Board

FORMER Commercial Bank Chairman Prof. Ananda Jayawardane was yesterday appointed to the Board of Prime Lands Residencies PLC as a Non-Executive Director.

1 min  |

September 08, 2025
Daily FT

Daily FT

‘Kala Wewa Back to the Elephants’ project a success

THE President’s Media Division (PMD) yesterday said that in parallel with the ‘Clean Sri Lanka’ initiative, the ‘Kala Wewa Back to the Elephants’ project was successfully carried out over three days in the floodplains surrounding the Kala Wewa National Park.

1 min  |

September 08, 2025

Daily FT

Assetline Finance elevates customer experience at Dehiattakandiya branch with refurbished premises

ASSETLINE Finance Ltd. (AFL), the flagship company under the financial services arm of David Pieris Holdings, has reopened the Dehiattakandiya branch following a comprehensive expansion and refurbishment, unveiling a modernised space designed to deliver greater convenience, faster service, and enhanced customer care.

1 min  |

September 08, 2025

Daily FT

FT View

33 SOEs and beyond

2 min  |

September 08, 2025

Daily FT

Digital influencers and new age of marketing in Sri Lanka: Paradigm shift in brand engagement

IN the dynamic world of marketing, a quiet revolution has been reshaping the way brands communicate with their audiences. Traditional advertising strategies, once dominated by celebrity endorsements and glossy print campaigns, are now being challenged by a new and highly influential force: digital influencers.

5 min  |

September 08, 2025

Daily FT

Visa tees up prestige for Infinite cardholders with exclusive Royal Colombo Golf Club partnership

IN an exclusive collaboration blending sporting prestige with luxury lifestyle, Visa, the global leader in digital payments, once again partnered with the Royal Colombo Golf Club (RCGC) for the Monthly Medal - August Edition 2025. Set against the lush canopies and manicured greens of the historic RCGC, the partnership reaffirmed Visa’s commitment to delivering premium, curated experiences for its valued Visa Infinite cardholders.

2 min  |

September 08, 2025

Daily FT

CA Sri Lanka felicitates IRD Commissioner General

THE Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) held a special felicitation ceremony in honour of Department of Inland Revenue Commissioner General R. P. H. Fernando, in continuing a longstanding tradition.

1 min  |

September 08, 2025

Daily FT

Mahindra Ideal Finance partners Indra Traders to expand reach

MAHINDRA Ideal Finance Ltd., (MIFL) yesterday said it has signed a Memorandum of Understanding (MoU) with Indra Traders Ltd., to introduce comprehensive leasing offerings for vehicle buyers across the country.

1 min  |

September 08, 2025

Daily FT

Explosives found at abandoned H'tota meth lab, suspected ICE chemicals in Tangalle

POLICE yesterday recovered explosives and ammunition from a property in Middeniya Thalawa, Hambantota, where chemicals linked to crystal methamphetamine (ICE) production had earlier been seized.

1 min  |

September 08, 2025
Daily FT

Daily FT

Sri Lanka launches first Climate Resilience Revolving Fund for MSMEs

IN a landmark step towards strengthening the resilience of micro, small, and medium-sized enterprises (MSMEs) against climate-induced disasters, Chrysalis, with the support of CARE Germany, officially launched Sri Lanka's first Climate Resilience Revolving Fund for MSMEs yesterday in Colombo.

2 min  |

September 08, 2025

Daily FT

INFOTEL 2025 returns to fuel digital economy

INFOTEL 2025, organised by the Federation of Information Technology Industry Sri Lanka (FITIS), is set to take place from 7 to 9 November 2025 at the BMICH.

3 min  |

September 08, 2025

Daily FT

NDB Bank launches SME Re-Energizer Loan to drive business growth in Sri Lanka

NDB Bank's SME Re-Energizer Loan is designed to fuel the growth ambitions of Sri Lanka's Micro, Small and Medium Enterprises (MSMEs) and startups. Launched in collaboration with the Sri Lankan Government, this timely initiative underscores NDB's role as a steadfast partner in enabling entrepreneurship and empowering businesses that form the backbone of the national economy.

1 min  |

September 08, 2025

Daily FT

Sri Lanka travel to Asia Cup with morale-boosting series win

Beat Zimbabwe by 8 wickets in third and final T20I to take series 2-1

2 min  |

September 08, 2025

Daily FT

Institute of Chartered Corporate Secretaries of Sri Lanka hosts Coffee Evening on governance regulations

THE Institute of Chartered Corporate Secretaries of Sri Lanka (ICCSSL) successfully hosted an insightful Coffee Evening on 30 July at the Granbell Hotel, Colombo 3.

1 min  |

September 08, 2025
Daily FT

Daily FT

DIMO introduces luxury Mercedes-Benz buses

DIMO yesterday announced the introduction of the latest Mercedes-Benz OH1626L buses to the Sri Lankan market.

2 min  |

September 08, 2025
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