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Daily FT
Multilateral Development Banks deepen collaboration to support countries amidst global uncertainty
IN a period of heightened global uncertainty, including the evolving situation in the Middle East, the Heads of Multilateral Development Banks (MDBs) last week underscored the importance of close cooperation to support stability, safeguarding development progress, and responding to mounting pressures in their member economies.
2 min |
April 21, 2026
Daily FT
Freedom of navigation in Indian Ocean
This article is based on remarks made by the author at the 9th Indian Ocean Conference held in Mauritius on 10-12 April
4 min |
April 21, 2026
Daily FT
SLT-Mobitel recognised as Sri Lanka’s #1 Best Mobile Network by Ookla
REAFFIRMING its commitment to offering superior network experience, SLT-Mobitel Mobile has been crowned as Sri Lanka’s #1 Best Mobile Network by Ookla, the global leader in internet performance testing and analytics, at the recently concluded Mobile World Congress 2025.
1 min |
April 21, 2026
Daily FT
American military spending: A massive investment in the Gulf
TO understand the modern United States military apparatus, one must discard the traditional conceptualisation of defence spending as a mere drain on the national treasury, a sinkhole where taxpayer dollars vanish into the sands of distant conflicts.
5 min |
April 21, 2026
Daily FT
Asian markets rise as AI rally offsets war concerns
ASIAN markets rallied on Monday, April 20, 2026, as investors pivoted from geopolitical concerns toward strong corporate fundamentals and a resurgence in the artificial intelligence trade.
1 min |
April 21, 2026
Daily FT
Six envoys present credentials to President
SIX newly appointed diplomats formally presented their credentials to President Anura Kumara Dissanayake at the Presidential Secretariat yesterday, according to the President's Office.
1 min |
April 21, 2026
Daily FT
President Xi Jinping makes four propositions for peace in Mideast
CHINESE President Xi Jinping has made four propositions on safeguarding and promoting peace and stability in the Middle East.
1 min |
April 21, 2026
Daily FT
HRCSL flags need to follow constitutional and legal provisions when making arrests
Says recent arrest, suspension of former Prisons Chief Thushara Upuldeniya violated fundamental rights Orders circular be issued reminding officers to strictly follow constitutional and legal provisions when making arrests
1 min |
April 21, 2026
Daily FT
No evidence other banks impacted by NDB's Rs. 13.2 b fraud: CBSL
Says leading international forensic audit firm to commence probe 'shortly' and report to CBSL Scope of audit includes assessing any failures pertaining to regulatory compliance on control, oversight and governance
2 min |
April 20, 2026
Daily FT
Tourism earnings slump 37% in March as arrivals drop
Earnings in 1Q down by 15% YoY to $ 954 m Industry analysts opine faster implementation of free-visa initiative, meaningful rebound in per-visitor spending essential to boost tourism receipts
1 min |
April 20, 2026
Daily FT
Arrivals top 800,000 mark, but April slowdown clouds outlook
SRI Lanka's tourist arrivals have crossed the 800,000 mark so far this year, raising cautious optimism about reaching the Government's ambitious 3 million visitor target for 2026, despite a recent slowdown.
1 min |
April 20, 2026
Daily FT
India, Sri Lanka reaffirm strategic ties with focus on energy, connectivity
Indian Vice President C.P. Radhakrishnan's visit reinforces ties; meets Govt. leaders and Opposition
1 min |
April 20, 2026
Daily FT
SEC-linked professors vying Japura Uni. VC post
THERE are indications that the current Securities and Exchange Commission (SEC) Chairman may be exploring an opportunity to move on, with a view to taking up the position of Vice Chancellor at the University of Sri Jayewardenepura.
1 min |
April 20, 2026
Daily FT
Reserves fall 3.45% in March to $ 7.01 b
■Outflows estimated at $ 2.1 b in next 12 months
1 min |
April 20, 2026
Daily FT
Workers' remittances surge 26% YoY to $ 2.3 b in 1Q
Festive season uptick sees March inflows up 17% YoY to $ 815 b, which was also first month of Mideast war
1 min |
April 20, 2026
Daily FT
Fitch warns of shifting risks in APAC region as Sri Lanka leans on fiscal buffers
Rs. 100 b relief package highlights growing fiscal burden amid global oil shock @ Subsidies and controls seen cushioning inflation but raising pressure on sovereign balance sheet
3 min |
April 20, 2026
Daily FT
Sri Lanka better placed to cushion energy shock, needs targeted support: IMF
SRI Lanka is in a stronger position to cushion the impact of rising energy costs following improvements in revenue mobilisation, though vulnerabilities remain due to its reliance on fuel imports, the International Monetary Fund (IMF) said last week.
1 min |
April 20, 2026
Daily FT
World Bank sees Sri Lanka growth slowing to 3.6% in 2026 amid energy shock
SRI Lanka’s economic growth is expected to slow to 3.6% in 2026 as higher energy prices weigh on activity, although the economy will regain its pre-crisis size last seen in 2018, the World Bank said in its latest South Asia Economic Update April 2026.
2 min |
April 20, 2026
Daily FT
CBSL survey shows resilient business outlook post-Ditwah, pre-Mideast war
THE Central Bank of Sri Lanka (CBSL) last week said its latest Business Outlook Survey (BOS), conducted before the onset of the Middle East conflict, pointed to continued expansion in business activity into early 2026 due to favourable macroeconomic conditions.
2 min |
April 20, 2026
Daily FT
New Zealand 'A' finish on top in tame draw at Hambantota
NEW Zealand ‘A’ who lost the 3-match unofficial ODI series 3-0 to Sri Lanka ‘A’ can be quite content with their performance in the first 4-day unofficial test which ended in a tame draw at the Mahinda Rajapaksa Stadium, Hambantota yesterday.
1 min |
April 20, 2026
Daily FT
End of corporate shadows: Mandatory Beneficial Ownership disclosure begins
SRI Lanka is witnessing a landmark change in its corporate governance as the new beneficial ownership rules take effect.
6 min |
April 20, 2026
Daily FT
Addressing custodial deaths
CUSTODIAL deaths in Sri Lanka have been treated as a byproduct of law enforcement while they are, in fact, among the gravest violations a State can commit against its own citizens.
2 min |
April 20, 2026
Daily FT
ComBank teams up with Bancstac to strengthen digital payment infrastructure
Signs long-term Technology Services Master Agreement for the deployment of Bank-controlled payment infrastructure
3 min |
April 20, 2026
Daily FT
Real Sociedad upset Atletico Madrid to clinch fourth Copa del Rey title
REAL Sociedad beat Atletico Madrid 4-3 on penalties to win the Copa del Rey on Saturday following a 2-2 draw after extra time, with goalkeeper Unai Marrero saving two spot kicks in the shootout to help his side win the trophy for the fourth time.
1 min |
April 20, 2026
Daily FT
Sri Lanka - France Business Council holds Members' Day
THE Sri Lanka - France Business Council of The Ceylon Chamber of Commerce hosted its Members’ Day Evening for the second consecutive year, graciously hosted by the Ambassador of France Rémi Lambert at his residence.
1 min |
April 20, 2026
Daily FT
Sri Lanka's banking sector: When narrative strength outpaces operational truth
THE recent escalation of fraud exposure at National Development Bank PLC — from Rs. 380 million to Rs. 13.2 billion within days — has rightly drawn regulatory and public attention.
4 min |
April 20, 2026
Daily FT
Philip Gunawardena and his positive mindset: Speeches in the last lap of Parliament
Philip Gunawardena, a combination of staunch socialism and pragmatic modernism
9 min |
April 20, 2026
Daily FT
IMF cuts 2026 global growth outlook, warns of recession risk
Global outlook has ‘darkened’; Iran war could trigger ‘unprecedented’ energy crisis
1 min |
April 20, 2026
Daily FT
EU supports accredited solar training to accelerate clean energy transition
THE European Union (EU), through the Accelerated Industries Climate Response Sri Lanka (AICRSL) Project implemented by the United Nations Industrial Development Organisation (UNIDO), facilitated the handover of advanced Solar PV training and demonstration equipment to five Technical Colleges across Sri Lanka.
2 min |
April 20, 2026
Daily FT
Mahindra Ideal Finance marks Rs. 1 b CSE debenture listing
MAHINDRA Ideal Finance Ltd. (MIFL) recently marked the official listing of its inaugural debentures and debut listing on the Colombo Stock Exchange (CSE) with a bell ringing and market opening ceremony held at the CSE trading floor.
1 min |