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Daily FT

Daily FT

2026 Budget: An opportunity lost?

THE NPP Government’s second Budget was a unique opportunity to make innovative public policy. Sadly, the opportunity may be missed. But there still is time.

3 min  |

November 10, 2025

Daily FT

Strong sectoral performances drive CIC's robust 1HFY26 top and bottom-line growth

DIVERSIFIED conglomerate CIC Holdings PLC has reported a consolidated revenue of Rs. 41.6 billion for the first half of the financial year 2025/26 (1HFY26).

2 min  |

November 10, 2025

Daily FT

Qatar Airways exits Cathay Pacific with $ 897 m share sale

QATAR Airways has sold its entire 9.7% stake in Cathay Pacific Airways for about $ 897 million (HK $ 6.97 billion), completing its exit from Hong Kong's flagship carrier.

1 min  |

November 10, 2025
Daily FT

Daily FT

AKD's neo-liberal Budget 2026: Will it resolve slow growth issues quickly?

PRESIDENT Anura Kumara Dissanayake or AKD, in a marathon Budget speech taking more than four and a half hours to finish, presented his second Budget for 2026 in Parliament last week.[1]

9 min  |

November 10, 2025
Daily FT

Daily FT

Defending champs SL manage only Bowl at Hong Kong Cricket Sixes

ISL find their feet late in tournament after being knocked out of Cup, suffering losses in their two Group D matches

2 min  |

November 10, 2025
Daily FT

Daily FT

Six-try Ireland eventually power past Japan

IRELAND outlasted a tenacious Japan side to win 41-10 in a largely underwhelming autumn Test in Dublin.

1 min  |

November 10, 2025

Daily FT

HNB Assurance leads industry with Q3 GWP growth of 38%

HNB Assurance PLC (HNBA) has announced a strong financial performance for the nine months ended 30 September 2025, posting a 38% year-on-year growth in Life Insurance Gross Written Premium (GWP), highest growth among life insurers in Sri Lanka.

2 min  |

November 10, 2025
Daily FT

Daily FT

Standard Chartered backs Daily FT-Colombo Uni. MBA Alumni Budget Forum tomorrow

THE Daily FT-Colombo University MBA Alumni Association annual post-Budget Forum 2026 will be held tomorrow (11) under the theme “Charting the Course Ahead” from 8:45 a.m. to 12 p.m. at ITC Ratnadipa.

1 min  |

November 10, 2025
Daily FT

Daily FT

FitsAir honours top travel agents at Galaxy Awards 2025

FITSAIR recently hosted the Galaxy Awards 2025, an evening dedicated to celebrating its top-performing and emerging travel agents for their remarkable achievements, commitment, and partnership.

1 min  |

November 10, 2025
Daily FT

Daily FT

SEC engages corporate leaders; stresses good governance matters

THE Securities and Exchange Commission of Sri Lanka (SEC) last week conducted a special awareness session on “Directors’ Liabilities” for directors of listed companies, with over 150 listed company directors participating.

6 min  |

November 10, 2025
Daily FT

Daily FT

Nalin Warnakula joins PMF Board

PMF Finance PLC has appointed Nalin Warnakula to its Board as an Independent Non-Executive Director.

1 min  |

November 10, 2025
Daily FT

Daily FT

Colombo Port City can be Sri Lanka's 'single catalyst of growth,' says Harsha Amarasekera

COLOMBO Port City Economic Commission Chairman Harsha Amarasekera, PC said the project has the potential to become the \"single catalyst of growth\" for Sri Lanka, positioning the island as the \"Switzerland of the region\" for trade, investment and services, backed by an attractive incentive regime and renewed policy stability.

2 min  |

November 10, 2025
Daily FT

Daily FT

Eagle Logistics wins at National Supply Chain Excellence Awards 2025

EAGLE Logistics has been recognised as the First Runner-Up in the Large-Scale Service Sector at the National Supply Chain Excellence Awards 2025, organised by the Institute of Supply and Materials Management (ISMM).

1 min  |

November 10, 2025
Daily FT

Daily FT

Freight 360 celebrates 7 years of success in logistics industry

FREIGHT 360 Ltd., on 7 November 2025, marked seven years of growth, innovation, and excellence in the logistics and freight forwarding industry.

1 min  |

November 10, 2025
Daily FT

Daily FT

APB conducts Regional Quiz Program in Eastern Province

Promotes knowledge and engagement among bankers

1 min  |

November 10, 2025

Daily FT

Rybakina upsets Sabalenka to claim record £ 4 m prize

ELENA Rybakina claimed the biggest payday in women's tennis history by beating world number one Aryna Sabalenka in straight sets in the WTA Finals on Saturday.

1 min  |

November 10, 2025
Daily FT

Daily FT

Revolutionary diabetes management with CGMS in Sri Lanka

IN a significant step towards modernising diabetes management in Sri Lanka, Tranz Pharma Holdings has officially introduced the Continuous Glucose Monitoring System (CGMS), marking a first for the nation.

1 min  |

November 10, 2025
Daily FT

Daily FT

CIPR appoints Rishini Weeraratne as Ambassador for Sri Lanka

THE Chartered Institute of Public Relations (CIPR) has appointed Rishini Weeraratne, Editor of The Sun (Daily Mirror) and Head of Social Media at Wijeya Newspapers Ltd., as its new Ambassador for Sri Lanka.

2 min  |

November 10, 2025

Daily FT

Hong Kong's SiS Group takes up controlling stake in Gestetner of Ceylon

SIS International Holdings Ltd., (SiS) recently invested in a controlling 50.01% stake in Gestetner of Ceylon PLC (Gestetner), a leading player in the office automation sector in Sri Lanka, through World Elite Ltd., one of its Hong Kong-based subsidiaries for Rs. 318.655 million.

2 min  |

November 10, 2025

Daily FT

Sri Lanka, Saudi Arabia pledge to deepen political and economic ties

FOREIGN Affairs and Tourism Minister Vijitha Herath met with Saudi Arabia’s Minister of Foreign Affairs, Prince Faisal bin Farhan Al Saud, in Riyadh during his visit to attend the 26th UN World Tourism Organisation (UNWTO) General Assembly.

1 min  |

November 10, 2025
Daily FT

Daily FT

Dayasumana Gamage appointed Acting MD and Acting Principal Officer for Co-operative Insurance Company

THE Board of Directors of Cooperative Insurance Company PLC has announced the appointment of Dayasumana Gamage as the Acting Managing Director and Acting Principal Officer with the approval of Insurance Regulatory Commission of Sri Lanka, effective 29 October 2025. He will continue to serve as the Vice Chairman of the Company.

1 min  |

November 10, 2025

Daily FT

US firm AMG takes over Bogala Graphite’s owning company of German origin

AMG Critical Materials N.V. (AMG) and Asbury Carbons Inc. (Asbury Carbons) have announced the signing of a definitive agreement for AMG to sell Graphit Kropfmtihl GmbH (GK) to Asbury Carbons, a portfolio company of Mill Rock Capital.

1 min  |

November 10, 2025

Daily FT

MSME Federation criticises Budget 2026 over VAT threshold reduction, lack of support

THE Ceylon Federation of MSME President Mahendra Perera yesterday criticised the 2026 Budget for failing to provide relief to struggling micro, small and medium enterprises (MSMEs), and warning that the reduction of the VAT threshold and lack of credit access could further strain both enterprises and consumers.

1 min  |

November 10, 2025

Daily FT

HNB Investment Bank drives JF Packaging IPO to six-fold oversubscription

THE Initial Public Offering (IPO) of JF Packaging Ltd., was oversubscribed by more than six times, reflecting strong investor confidence in both the company’s growth potential and the broader appetite for quality local listings.

1 min  |

November 10, 2025

Daily FT

Cardinal condemns planned sexual education curriculum, warns of foreign influence

ARCHBISHOP of Colombo Malcolm Cardinal Ranjith has raised alarm over what he described as an \"inappropriate sexual education program\" being developed for inclusion in the country's school curriculum next year, warning that it threatens to erode Sri Lanka's cultural and moral values.

1 min  |

November 10, 2025
Daily FT

Daily FT

NATIONAL RANKING TOURNAMENT Sensational final round gives Chanaka fine win

EXPERIENCED Chanaka Perera won the National Ranking Tournament (NRT), which took place at the Nuwara Eliya Golf Club (NEGC) from 6 to 9 November.

1 min  |

November 10, 2025

Daily FT

Djokovic out of ATP Finals after winning 101st title

NOVAK Djokovic secured the 101st title of his career with victory at the Hellenic Championship-but then had to withdraw from the ATP Finals because of injury.

2 min  |

November 10, 2025

Daily FT

Advantis celebrates excellence, innovation, and leadership at Advantis Awards 2025

ADVANTIS Group, the transportation and logistics arm of Hayleys PLC, recently hosted the Advantis Awards 2025 to celebrate excellence, innovation, and leadership across its regional operations.

2 min  |

November 10, 2025
Daily FT

Daily FT

Eng. Ravi Rupasinghe appointed OPA Secretary

ENG. Ravi Rupasinghe has been appointed as the General Secretary of the Organisation of Professional Associations of Sri Lanka (OPA) for the 2025/2026 term.

1 min  |

November 10, 2025

Daily FT

Manchester United's de Ligt secures late draw against Tottenham

MATTHIJS de Ligt equalised in the sixth minute of a dramatic period of stoppage time to earn Manchester United a 2-2 draw at Tottenham Hotspur in the Premier League on Saturday.

1 min  |

November 10, 2025
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