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Daily FT

Dinithi Athulathmudali from University of Colombo's Department of Economics wins Saman Kelegama Memorial Research Grant 2025

DINITHI Athulathmudali, a fourth-year undergraduate from the Department of Economics at the University of Colombo is the winner of the Saman Kelegama Memorial Research Grant for 2025.

1 min  |

June 25, 2025
Daily FT

Daily FT

MTU and DIMO geared to transform marine and general engineering sectors in Sri Lanka and Maldives

MTU ~ a global leader in high-performance propulsion and power systems — together with its authorised representative in Sri Lanka and the Maldives, DIMO, is poised to transform the marine and general engineering sectors with cutting-edge solutions while solidifying their presence in the region.

2 min  |

June 25, 2025

Daily FT

House Committee of Parliament revises food prices at request of Parliamentary staff

Reduces prices from Rs. 4,000 to Rs. 3,000 per month for executive grade employees and reduce charges from Rs. 2,500 to Rs. 2,000 per month for non-executive grade employees New prices will come into effect from 1 July Decides to allocate one section of Vacation Bungalow of MPs in Nuwara Eliya for Parliamentary staff Discusses need to renovate official residence complex in Madiwela allocated for MPs, resting areas for drivers of MPs

1 min  |

June 25, 2025
Daily FT

Daily FT

INSEE Sanstha Cement featured as case study in prestigious Professor Philip Kotler's 'Essentials of Modern Marketing' Sri Lanka and Maldives edition

INSEE Sanstha has been selected by Kotler Impact Inc. to be featured prominently as a key case study in the inaugural Professor Philip Kotler's 'Essentials of Modern Marketing' Sri Lanka and Maldives edition.

1 min  |

June 25, 2025

Daily FT

SDB Bank partners Australia's Market Development Facility

Initiative to strengthen coconut, coffee, and mango value chains

2 min  |

June 25, 2025
Daily FT

Daily FT

SLBC UAE hosts strategic networking dinner to boost Lankan rubber exports

IN conjunction with Sri Lanka's participation at the Middle East Rubber & Tyre Expo 2025, the Sri Lanka Business Council UAE (SLBC) hosted a high-profile Networking Dinner at the Pullman Hotel, Deira City Centre, Dubai, to welcome and support the visiting delegation of Sri Lankan rubber product exporters.

1 min  |

June 25, 2025

Daily FT

Regulatory reforms for securities market operations

Following is a letter to Ministry of Finance Secretary Dr. Harshana Suriyapperuma, Central Bank Governor Dr. Nandalal Weerasinghe, and SEC Chairman Prof. Hareendra Dissabandara, urging essential regulatory reforms to minimise securities market risks

4 min  |

June 25, 2025

Daily FT

Iran fires missiles at US base in Qatar

IRAN last night launched an attack on US forces at Al Udeid Air Base in Qatar after Tehran said it would retaliate against the US strikes on Iranian nuclear sites.

1 min  |

June 24, 2025
Daily FT

Daily FT

Dr. Harshana Suriyapperuma appointed new Treasury Secretary

PRESIDENT Anura Kumara Disanayake has appointed Dr. Harshana Suriyapperuma as the new Secretary to the Ministry of Finance.

1 min  |

June 24, 2025
Daily FT

Daily FT

BOI says significant surge in FDIs in 1Q amid stable investment climate

THE Board of Investment (BOI) of Sri Lanka yesterday announced an increased inflow of Foreign Direct Investment (FDI) to the country in comparison to the previous year, consolidating the stable and investor-friendly economic environment.

3 min  |

June 24, 2025
Daily FT

Daily FT

Browns marks 150th year with landmark Rs. 25.9 b PBT in FY25

Plantation acquisitions fuel global aspirations Trading and manufacturing continue to anchor Group stability Leisure sector rebounds on tourism recovery

2 min  |

June 24, 2025
Daily FT

Daily FT

People's Leasing and Finance marks strong asset expansion amidst steady profitability in FY25

PEOPLE’S Leasing and Finance PLC (PLC) has delivered a commendable performance for the financial year ended 31 March.

2 min  |

June 24, 2025
Daily FT

Daily FT

SLID launches third intake of “Women in Leadership” program

THE Sri Lanka Institute of Directors (SLID) has announced the third intake of its acclaimed “Women in Leadership” program, starting on 31 July, at the City Club Meeting Room, Cinnamon Grand.

1 min  |

June 24, 2025

Daily FT

Transparency International Sri Lanka challenges Companies (Amendment) Bill

TRANSPARENCY International Sri Lanka (TISL) has filed legal action in the Supreme Court challenging the Bill to amend the Companies Act No. 07 of 2007.

2 min  |

June 24, 2025

Daily FT

Middle East tensions wipe out Rs. 117 b in value at CSE

THE Colombo stock market yesterday suffered a Rs. 117 billion loss of value and the biggest intra-day dip as investors reacted negatively to the worsening situation in the Middle East.

2 min  |

June 24, 2025

Daily FT

Pussalla Meat Producers moves to organic cinnamon production with Rs. 300 m investment

PUSSALLA Meat Producers Ltd., has invested around Rs. 200 million to move into the Value-Added Organic Cinnamon Production sector and a further Rs. 100 to increase their Cinnamon plantations.

2 min  |

June 24, 2025
Daily FT

Daily FT

Ellepola heads CR once more

FORMER Trinity College rugby and cricket skipper plus Red Shirts number 8, Tikiri Ellepola will continue to be President of the Ceylonese Rugby and Football Club (CR and FC) for the 2025/2026 term.

1 min  |

June 24, 2025
Daily FT

Daily FT

Spanish social media influencers' team concludes familiarisation trip to Sri Lanka

SPAIN is one of the fastest growing summer markets for Sri Lanka Tourism.

1 min  |

June 24, 2025
Daily FT

Daily FT

Amaya Hills and Amaya Beach excel at 22nd Culinary Art Food Expo 2025

AMAYA Resorts & Spas celebrated the exceptional achievements of its culinary teams from Amaya Hills, Kandy and Amaya Beach, Pasikudah, at the prestigious 22nd Culinary Art Food Expo (CAFE) 2025, held at the BMICH, Colombo.

1 min  |

June 24, 2025
Daily FT

Daily FT

EY Sri Lanka welcomes Umar Mansoor to partnership

EY Sri Lanka has announced the promotion of Mohamed Umar Mohamed Mansoor and warmly welcomes him to the partnership, effective 1 July, recognising his outstanding contributions and leadership in the Assurance service line.

1 min  |

June 24, 2025
Daily FT

Daily FT

Pope Leo tells world not to forget suffering in Gaza

THE head of the Roman Catholic Church yesterday urged people to stay mindful of the suffering in Gaza, where daily Israeli attacks continue to kill and wound hundreds even as Israel’s conflict with Iran escalates following the US strikes on Iran’s nuclear facilities overnight.

1 min  |

June 24, 2025
Daily FT

Daily FT

Sri Lanka's broadcasting at 100: Industry at crossroads in turbulent world

'REIMAGINING broadcasting for the digital world' is the theme of Sri Lanka Broadcasters' Symposium 2025 to be held on 25 June in Colombo.

5 min  |

June 24, 2025
Daily FT

Daily FT

Fox Jaffna celebrates seven years of redefining luxury hospitality in North

FOX Jaffna, the flagship property of the Capital Maharaja Group's hospitality arm, Fox Resorts, commemorated its 7th anniversary on 22 June with a series of meaningful events that reflected the hotel's unwavering commitment to excellence, inclusivity, and community.

1 min  |

June 24, 2025
Daily FT

Daily FT

IODA pledges to support SL to make country diving hub

THE Indian Ocean Divers Association (IODA) recently pledged its support, collaboration, and providing expertise to Sri Lanka to develop meaningful and sustainable marine tourism that will lead to developing the blue economy in the country.

10 min  |

June 24, 2025
Daily FT

Daily FT

Sri Lankan voice on global stage: Meeting with Prof. Patrick Mendis

At the University of London, I met for the first time a man whose life story reads like a modern epic: Prof. Patrick Mendis. It was deeply personal.

2 min  |

June 24, 2025
Daily FT

Daily FT

Muslim charities: Wakf Board's directive and Court of Appeal's order

ON 30 April 2025, the Wakf Board issued a historic and significant order directing that the Kal-Eliya Muslim Ladies' Arabic College (the College) be registered as a Muslim charitable trust (Wakf).

6 min  |

June 24, 2025
Daily FT

Daily FT

Sarvodaya Development Finance records Rs. 1.4 b profit

SARVODAYA Development Finance PLC (SDF), yesterday announced a record-breaking financial performance for the fiscal year 2024/25, underscoring its commitment to sustainable growth, rural development, inclusive finance, and agri-business empowerment.

2 min  |

June 24, 2025
Daily FT

Daily FT

Colombo Athletic sends team for elite training to Milan

THE Colombo Athletic and Football Club Academy, in collaboration with AC Milan, is sending a team along with coaches for elite training to the home of AC Milan in July.

3 min  |

June 24, 2025
Daily FT

Daily FT

ComBank crowned Best Bank in Sri Lanka for 14th year by FinanceAsia

THE Commercial Bank of Ceylon has been honoured as the Best Bank among Sri Lanka's domestic banks for a remarkable 14th year by FinanceAsia, one of the world's foremost information sources on the Asian financial markets.

1 min  |

June 24, 2025

Daily FT

Diamond International unveils national crackdown on counterfeit goods

DIAMOND International Lanka Ltd., a leading name in Sri Lanka’s packaging and security solutions sector for over 17 years, has launched a nationwide initiative to combat the growing threat of counterfeit products.

1 min  |

June 24, 2025