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Daily FT

Daily FT

Digital horizons: Blueprint for educational equality, unleashing potential, and revolutionising learning

IN the heart of Sri Lanka, education is more than just schooling; it’s a deeply ingrained aspiration, a pathway to a better future for our children and our nation.

7 min  |

June 17, 2025
Daily FT

Daily FT

Beyond retirement: Sri Lanka leverages military talent to reinvent Police capacity

SRI Lanka is embarking on a transformative initiative to enhance its law enforcement capabilities through a visionary policy that recruits retired tri-forces personnel into the Sri Lanka Police Service.

4 min  |

June 17, 2025

Daily FT

Reopening Chemmani

IN 1998, former Sri Lankan army lance corporal Somaratne Rajapakse, while on trial for the rape and murder of a Tamil schoolgirl, Krishanthi Kumaraswamy, revealed the existence of mass graves in Chemmani. He alleged that over 300 people who had disappeared during the military’s occupation of Jaffna in 1995 were buried there. These individuals were mostly Tamil civilians and suspected LTTE sympathisers who vanished after being taken into custody by the army.

2 min  |

June 17, 2025
Daily FT

Daily FT

Mathews acclaims roles played by Sanath and Upul

■Communication is key to good performance says retiring former SL Captain

2 min  |

June 17, 2025
Daily FT

Daily FT

New ICC Test Championship cycle commences at Galle today

■Can Sri Lanka mount challenge playing only 2 Tests a year? ■Lahiru Udara, Tharindu Rathnayake to make Test debut

3 min  |

June 17, 2025
Daily FT

Daily FT

David Peiris Aviation gains approval for Colombo-Jaffna flights

DAVID Peiris Aviation Ltd., a newly established domestic airline and a subsidiary of the David Peiris Group, has officially received its Aircraft Operator Certificate (AOC) and operations specifications (Ops-Specs) from the Civil Aviation Authority of Sri Lanka (CAASL) to operate scheduled domestic passenger flights after obtaining the Airline Licence.

1 min  |

June 17, 2025

Daily FT

Credit to private sector tops Rs. 8.5 t mark

Demand slackens in festive month of April but reflects 15% YoY growth

2 min  |

June 16, 2025
Daily FT

Daily FT

President presides over top Business Forum in Berlin; woos investments

THE Business Forum, organised by the Association of German Chambers of Industry and Commerce (DIHK), was held last week at the DIHK headquarters in Berlin, under the patronage of President Anura Kumara Disanayake.

1 min  |

June 16, 2025
Daily FT

Daily FT

Isipathana continue winning streak; beat Kingswood

ISIPATHANA College continued their winning streak in the Dialog Schools Rugby League 2025 with a gritty 32/22 win over Kingswood College in one of the worst ground conditions at the Bogambara Stadium yesterday.

1 min  |

June 16, 2025
Daily FT

Daily FT

The Colombo Plan supports Sri Lanka's port sector modernisation through US-funded Maritime Advisory Program

Ten-member Sri Lanka Ports Authority delegation to attend global maritime conference in Rotterdam and engage with US port sector companies

1 min  |

June 16, 2025

Daily FT

CID tells Court no criminal offence in sugar tax reduction in 2020

THE Criminal Investigation Department (CID) last week informed the Colombo Magistrate's Court that the Attorney General has concluded that no criminal offence had occurred in the process of reducing the special commodity levy on imported sugar from Rs. 50 to 25 cents per kilogram, a decision made four years ago.

1 min  |

June 16, 2025
Daily FT

Daily FT

Secret ballot, Vraie as Colombo Mayor today likely

A secret ballot and election of ruling National People's Power's (NPP) Vraie Balthazaar as Colombo Mayor is likely today when the city's Municipal Council meets today.

1 min  |

June 16, 2025
Daily FT

Daily FT

Economic analysis of deep water bunkering terminal development, fresh water bundling strategy at Port of Colombo – Part 2

Currently, bunker prices at Colombo Port are much higher (+$50/MT) than at Singapore and UAE. The difference can be brought down with the introduction of deep water bunkering terminal. Colombo is expensive overall due to the fuel premium. However, if Colombo's fuel premium can be narrowed (e.g. $10/MT higher than Singapore instead of $ 30), the combined cost of bunker + fresh water would nearly breakeven with Singapore.

7 min  |

June 16, 2025

Daily FT

Sri Lanka's foreign reserves inflated by approx. $ 1.4 b: FactCheck.lk

New explainer highlights deviation from international standards in reporting reserves

1 min  |

June 16, 2025

Daily FT

Gulf airlines halt some regional flights after Israel-Iran conflict

THE escalating conflict between Israel and Iran has sent shockwaves through the Gulf's aviation sector, as major airlines across the region have suspended flights to multiple destinations and rerouted others amid wide-spread airspace closures.

2 min  |

June 16, 2025
Daily FT

Daily FT

Allen smashes Gayle's T20 cricket sixes record in MLC opener

SAN Francisco Unicorns opener Finn Allen smashed a record 19 sixes in his incredible 151 off 51 balls against defending champions Washington Freedom in the opening match of the new Major League Cricket (MLC) season.

1 min  |

June 16, 2025
Daily FT

Daily FT

Prudential Shipping by MendisOne facilitates arrival of ZHEN HUA 24 at Eastern Container Terminal

CONTINUING its commitment to excellence in maritime services, Prudential Shipping has served as the official port agent for the arrival of MV ZHEN HUA 24, a heavy lift carrier that recently called at the Eastern Container Terminal (ECT) at the Port of Colombo.

1 min  |

June 16, 2025

Daily FT

6th edition of Governor's Challenge Trophy concludes successfully

THE Governor of the Central Bank of Sri Lanka (CBSL), Dr. Nandalal Weerasinghe, attended the Global Commerce Quiz 2025 as the Chief Guest and presented the sixth Governor's Challenge Trophy which coincided with the 75th anniversary celebrations of CBSL. The event was held on 9 June 2025 at Galadari Hotel, Colombo.

1 min  |

June 16, 2025
Daily FT

Daily FT

On frontlines of crisis: Time to recognise domestic workers as essential workers in Sri Lanka

TODAY, on Domestic Workers' Day, we mark 14 years since the adoption of ILO Convention No. 189 on Domestic Workers — a landmark global commitment to uphold the rights and dignity of those who perform paid work in private households. It affirmed a fundamental truth: domestic workers are workers, and they deserve protections, fair wages, and respect — just like any other profession.

1 min  |

June 16, 2025

Daily FT

National Shoora Council condemns unprovoked Israeli aggression on Iran

THE National Shoora Council (NSC) in a media statement has condemned the several rounds of unprovoked Israeli aggression on Iran overnight Friday, 13 June, attacking multiple Iranian civilian nuclear targets, killing Iranian civilians and scientists.

2 min  |

June 16, 2025

Daily FT

HNB Assurance enters MCA “G” Division 25-Over League final

HNB Assurance entered the final of the 14th Stafford Motor Co.-sponsored 'Honda' Trophy - MCA “G” Division 25-Over League Tournament 2025, as they romped to a comprehensive 192-run win over Singer Sri Lanka 'B' in the semi-final played at the MCA Grounds on 14 June.

1 min  |

June 16, 2025
Daily FT

Daily FT

SMB Finance surpasses Rs. 6 b assets in two years of obtaining finance business licence

SMB Finance PLC has unveiled its Annual Report for the financial year 2024, showcasing a strong and sustainable performance in its second year of operations as a licenced finance company.

2 min  |

June 16, 2025
Daily FT

Daily FT

Forging unity through media: 2025 SCO Media Cooperation Forum in Xinjiang

THE 2025 Media Cooperation Forum of Shanghai Cooperation Organisation (SCO) countries, hosted by People’s Daily, concluded in Urumqi, Xinjiang Uygur Autonomous Region, marking a milestone in cross-border media collaboration.

5 min  |

June 16, 2025
Daily FT

Daily FT

Economic development role of Central Bank under new Central Bank Act: Part I

CENTRAL banks have always been a puzzle to ordinary public as well as to politicians. For public, it is the institution which is charged with and holding responsibility for the country's economic growth and prosperity. I had sat on many interview boards, during my central bank days, to examine candidates who had sought to join the Central Bank as staff members. All of them had been the cream of the local as well as foreign universities holding either first classes or second-class upper division passes in the respective subject areas. One question which I posed to them was why they wanted to join the Central Bank. The answer just spat out of their mouths as if it had been kept well ingrained in their memory systems.

7 min  |

June 16, 2025
Daily FT

Daily FT

Lahiru Kumara ruled out of first Test with injury

Asitha Fernando recovering from viral flu

1 min  |

June 16, 2025

Daily FT

53rd Mercantile Rugby Sevens kicks off on 11 Sept.

THE 53rd Mercantile Rugby Sevens 2025, conducted by the Mercantile Rugby Football Association (MRFA) under its new President Mindika Jayasinghe from Sampath Bank, is scheduled to be held on 11, 12 and 13 September, at the CR&FC Grounds, Longdon Place, Colombo 7.

1 min  |

June 16, 2025
Daily FT

Daily FT

Alibaba urges local SMEs to go global with e-commerce power

Alibaba Executive Ma Haobo urges local SMEs to embrace digital transformation through e-commerce to reach global markets

2 min  |

June 16, 2025

Daily FT

Lanka Hospitals Chairman resigns

LANKA Hospitals Corporation PLC has announced the resignation of its Chairman Dr. M. Nilupul Perera.

1 min  |

June 16, 2025
Daily FT

Daily FT

President meets German Minister for Economic Cooperation and Development

PRESIDENT Anura Kumara Disanayake last week met with German Federal Minister for Economic Cooperation and Development Reem Alabali-Radovan at the Waldorf Astoria Hotel in Berlin during his official visit to the Federal Republic of Germany.

1 min  |

June 16, 2025

Daily FT

George Steuart sheds 10% stake in HVA Foods for Rs. 88 m

GEORGE Steuart and Company Ltd., has shed 10.22% of its stake in HVA Foods PLC for Rs. 88 million.

1 min  |

June 16, 2025