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Daily FT

Daily FT

Bridging the gap: What will it take to get more women In management

IN 2019, MAS set a goal to achieve 30% women in management by 2025 as part of our Plan for Change. We wanted to aim high, but we also recognised the magnitude of the challenge. Even then, it was clear that deep structural and cultural barriers were holding women back from advancing in their careers.

6 min  |

August 18, 2025

Daily FT

Circular economy: Philosophy, history, and prospects

Excerpts of a lecture delivered at Sri Jayewardenepura University — Part Ill

9 min  |

August 18, 2025

Daily FT

Govt. to roll out 'Four-i' productivity program countrywide for SMEs next year

Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe says initiative aims to cut costs, improve quality, boost customer satisfaction, and drive sustainable growth Highlights Gampaha District trial saw up to 30% cost savings and significant efficiency gains Asserts 1,000 SMEs undergoing a 3-year transformation with internationally trained consultants Calls for public to support education reforms to include entrepreneurship in national school curriculum from 2026 to build future business skills

1 min  |

August 18, 2025

Daily FT

Passenger frustration mounts as congestion hits BIA

Passengers report missed flights and chaotic departure areas; tourists voice frustration over final impressions of Sri Lanka Airport and Aviation Services cites seasonal demand from Kandy Esala Perahera and offloaded Air Canada passengers due to a flight attendants' strike Acknowledges congestion worsened by shortage of immigration officers, slowing clearance processes Schedules urgent meeting with authorities today to review and streamline operations

1 min  |

August 18, 2025

Daily FT

SEC Chief says all ready for SOE listings, ball in Govt.'s court

Says Catalyst Board ready, only Govt. needs to decide to list SOEs Encouraged that Govt. has shed privatisation misconceptions Points out President AKD's acknowledgment that SOEs must be listed amidst borrowing limitations Shows JKH's Cinnamon Life as example of capital market potential Says JKH raised majority of funds for $ 1.4 b Cinnamon Life development from capital market Asks if private sector can, why can't Govt.: Cinnamon Life investment half the value of ongoing IMF program Says settlement cycle reforms ongoing Claims never in the past were market fundamentals so strong

4 min  |

August 18, 2025

Daily FT

Indra enters NDB expanding banking sector portfolio; Softlogic Life funds exit at profit

HIGH net worth investor of motor trade Indra Silva last week entered the National Development (NDB), further Bank expanding his banking sector portfolio.

1 min  |

August 18, 2025

Daily FT

Manufacturing, services PMI continue expansion in July

THE country's manufacturing and services sectors expanded in July, according to the Central Bank of Sri Lanka's (CBSL) Purchasing Managers' Index (PMI).

1 min  |

August 18, 2025

Daily FT

Deputy Minister criticises banks' reluctance to support SMEs

Industry and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe says soft loan scheme and credit guarantee schemes showing poor results

4 min  |

August 18, 2025

Daily FT

Navy SC maintain clean sheet with ninth successive win

PACESETTERS Navy SC continued their nine-match winning streak in the SLC Major Club Women’s Limited-Over Tournament with a 41-run win over Air Force SC at Katunayake yesterday.

1 min  |

August 18, 2025
Daily FT

Daily FT

Tech Cargo Hub hosts strategic industry dialogue on future of warehousing

TECH Cargo Hub (TCH), Sri Lanka’s leading digital warehousing and logistics solutions provider, hosted a high-impact industry conference on 12 July, to unveil its newest venture; TCH 2, a 20,000 sq. ft. smart warehouse designed to power the future of logistics in the region.

2 min  |

August 18, 2025
Daily FT

Daily FT

Invest Sri Lanka Forum draws strong interest in Singapore

THE “Invest Sri Lanka” Investor Forum, organised by the Colombo Stock Exchange (CSE) and the Securities and Exchange Commission of Sri Lanka (SEC) in association with the High Commission of Sri Lanka to Singapore, successfully concluded at the Conrad Singapore Marina Bay, making a compelling case for channelling investment flows into Sri Lanka.

3 min  |

August 18, 2025

Daily FT

Frostaire celebrates 45 years of excellence in air conditioning solutions

FROSTAIRE recently marked a significant milestone by celebrating 45 years of dedicated services, innovation, and leadership in Sri Lanka’s air conditioning industry.

1 min  |

August 18, 2025

Daily FT

Secondary Bond market trading continues within thin range

Primary auctions record positive results Money market liquidity steady Rupee depreciates

2 min  |

August 18, 2025
Daily FT

Daily FT

Rule of law in taxation: Rights before revenue – Part 2

PART 1 of this article (https://www.ft.lk/columns/Rule-of-law-in-taxation-Rights-before-revenue-Part-1/4-779983) emphasised the fundamental principle that taxpayers’ rights take precedence over the taxing right of the State, particularly when those rights are violated by tax authorities.

7 min  |

August 18, 2025
Daily FT

Daily FT

Israeli massacre of Palestinian journalists

Move to hide forthcoming massacre to ethnic cleanse Palestinians?

4 min  |

August 18, 2025
Daily FT

Daily FT

Lanka-founded J Med Supply named to Inc. 5000 list of America's fastest-growing companies

J Med Supply Inc., a dynamic force in the US healthcare sector, has earned a coveted spot on the 2025 Inc. 5000 list, a prestigious ranking of the fastest-growing private companies in the US.

1 min  |

August 18, 2025

Daily FT

“Gateways to Growth”: US, Sri Lanka, and Maldives forge stronger maritime and trade partnerships

THE “Gateways to Growth” webinar, held virtually on 12 August, marked a significant step in strengthening economic and trade relations between the United States, Sri Lanka, and the Maldives.

3 min  |

August 18, 2025

Daily FT

New boutique hotel Trillium Express opens in Colombo 7 after $ 4 m investment

TRILLIUM Group last week opened Trillium Express — Ward Place, a vibrant new boutique city hotel redefining contemporary hospitality in the heart of Colombo 7, built with an investment of $4 million.

1 min  |

August 18, 2025

Daily FT

E-Visible partners Prime Business Solutions to launch cutting-edge logistics platform “NaviTrax”

E-VISIBLE, a leading supply chain and logistics solutions provider with over a decade of industry experience, has entered into a strategic investment partnership with Prime Business Solutions to deliver advanced technological services to the logistics sector in Sri Lanka.

2 min  |

August 18, 2025
Daily FT

Daily FT

Official website of Voyage Sri Lanka 2025 goes live

THE official website of the Voyage Sri Lanka 2025 Conference was launched last week by Sri Lanka Export Development Board (EDB) Chairman and Chief Executive Mangala Wijesinghe at the EDB premises.

1 min  |

August 18, 2025

Daily FT

hSenidBiz starts FY26 strong with steady recurring revenue and margin gains

HSENID Business Solutions PLC (hSenidBiz) announced its financial results for the first quarter of FY2026, reporting stable topline performance and the continuation of profitability improvements seen in the prior quarter. Total revenue for the quarter reached Rs. 471.7 million, with recurring subscription revenues growing 36 per cent year-on-year in LKR terms. A decline in professional services revenue, particularly from large on-premise projects, partially offset the strong growth in recurring revenues resulting in a modest 1 percent year-over-year growth in LKR terms and 2 percent in constant currency (USD) terms.

1 min  |

August 18, 2025

Daily FT

UN Rights report details Lankan security forces abuses

HUMAN Rights Watch said on Friday the UN Human Rights Office’s report on Sri Lanka details entrenched and systemic rights violations—including arbitrary detention, torture, and deaths in custody—under President Anura Kumara Disanayake.

3 min  |

August 18, 2025
Daily FT

Daily FT

Not too late for a winning bet: Need to redraft Gambling Bill

AFTER weeks of discussion, the Committee on Public Finance approved the Gambling Regulatory Authority (GRA) Bill last week. While the Bill faces its second reading in Parliament this Tuesday, its many deficiencies remain—helping create a regulator not worth its salt.

3 min  |

August 18, 2025

Daily FT

SLINTEC's accredited food testing services boost Sri Lanka's export potential

THE Sri Lanka Institute of Nanotechnology (SLINTEC) has reached a major milestone, with its Advanced Analytical Services Laboratory receiving ISO/ IEC 17025:2017 accreditation from the Sri Lanka Accreditation Board (SLAB).

1 min  |

August 18, 2025

Daily FT

Emirates makes changes to safety rules for customer usage of power banks onboard

USING any kind of power bank is prohibited onboard Emirates fights, effective from 1 October 2025.

2 min  |

August 18, 2025
Daily FT

Daily FT

TPL appointed exclusive distributor for Tonino Lamborghini electric golf carts in the Maldives

Partnership brings iconic Italian design and sustainable mobility to the Maldives’ high-luxury hospitality sector

3 min  |

August 18, 2025

Daily FT

JAT continues momentum to FY 2025/26 with 20% PAT growth in Q1

YTD PAT increases by 20% with 1% margin increase YTD local revenue increases by 13% Overall YoY GP margin increases by 7% Efficiencies through backward vertical integration initiatives reflected through performance Unlocks further value from EV charger manufacturing venture

3 min  |

August 18, 2025

Daily FT

E.B. Creasy posts robust Q1 FY26 with 146% rise in PBT

DIVERSIFIED conglomerate E.B. Creasy & Co PLC has commenced FY26 with a robust performance, demonstrating significant growth across both revenue and profitability.

2 min  |

August 18, 2025

Daily FT

SriLankan Aviation College's first transnational Aircraft Maintenance Engineering batch begins training in Australia

STUDENTS of the first intake of the collaborative Australian Diploma of Aircraft Maintenance Engineering by Aviation Australia and SriLankan Aviation College, the training arm of SriLankan Airlines, has successfully completed the first part of the training in Sri Lanka and made their way to the Brisbane Campus of Aviation Australia to complete their diploma.

2 min  |

August 18, 2025

Daily FT

Remembering my friend Harry on his 83rd birthday

EVERY year, for so many years, the first thing I would do as soon as I woke up on 17 August was to call my dear friend, the late Harry Stassen Jayawardena.

2 min  |

August 18, 2025