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Daily FT

AKD-JVP-NPP’s philosophy of failure is a philosophy for failure

THE central contradiction within Sri Lankan politics in general and the Opposition spectrum in particular is almost accidentally illumined by the Political Commentary of our sister paper the Sunday Times.

10 min  |

June 04, 2026
Daily FT

Daily FT

M Power Capital Securities provides sell side advisory as strategic investors join Padel House

PADEL House, the pioneers of padel in Sri Lanka, and the enterprise that has successfully established a strong presence for the sport in Colombo, has entered a new growth phase with the entry of two new strategic investors—former Sri Lanka cricket captain Mahela Jayawardene, and Trade Promoters Ltd., a diversified group with interests across Sri Lanka and the Maldives.

1 min  |

June 04, 2026

Daily FT

AI and Data Analytics Summit 2026 drives nation's digital future

THE AI and Data Analytics Summit 2026 organised by the Sri Lanka Section of BCS, the Chartered Institute for IT was successfully held on 22 May 2026 at Waters Edge, Colombo.

2 min  |

June 04, 2026
Daily FT

Daily FT

First SAIGE electric motorcycle showroom opens in Kadawatha

SRI Lanka’s first showroom for high-quality electric motorcycles manufactured by SAIGE Electric Vehicle Technology Co., Ltd was opened last week in Kadawatha with the participation of parliamentarians, island-wide dealers, customers, and well-wishers.

1 min  |

June 04, 2026
Daily FT

Daily FT

4th Japan-Sri Lanka Committee on Business Environment meeting convenes

THE fourth meeting of the Japan-Sri Lanka Committee on Business Environment was convened on 2 June at the Board of Investment (BOI) of Sri Lanka.

1 min  |

June 04, 2026

Daily FT

DFCC appoints Deputy CEO Shamindra Marcelline to Board

DFCC Bank has appointed Shamindra Marcelline to its Board as an Executive Director.

1 min  |

June 04, 2026
Daily FT

Daily FT

Janashakthi Finance delivers strong growth with improved profitability

JANASHAKTHI Finance PLC, has delivered a strong performance for the financial year ended 31 March 2026, reflecting disciplined execution, continued business expansion and sustained momentum across its core lending and deposit businesses.

2 min  |

June 04, 2026

Daily FT

Maliban Biscuits take on Brandix Apparel in MCA G Division final tomorrow

THE MCA G Division final between Maliban Biscuits and Brandix Apparel, which was scheduled to be played on 24 May and postponed due to inclement weather, will be played at the MCA Grounds on Friday (5) morning. The winners will walk away with the Honda Trophy.

1 min  |

June 04, 2026
Daily FT

Daily FT

Sixteen-member West Indies Academy squad arrives

For five-match tour of Sri Lanka

2 min  |

June 04, 2026
Daily FT

Daily FT

Evolution Auto launches Xpeng G6 in marking new era in premium electric mobility

EVOLUTION Auto Ltd., the authorised distributor for Xpeng in Sri Lanka, has launched the New Generation Xpeng G6 at its multi brand showroom in Colombo 05 marking a significant milestone in the country’s rapidly evolving electric vehicle landscape.

2 min  |

June 04, 2026

Daily FT

HNB Luxury Living – Ethugalpura

HNB Luxury Living successfully brought its signature premium property showcase experience to Kurunegala with the 6th edition of the series.

1 min  |

June 04, 2026

Daily FT

EU pitches Global Gateway as financing model for Sri Lanka's port and infrastructure ambitions

Says Sri Lanka needs strong pipeline of bankable infrastructure projects to attract investment

3 min  |

June 03, 2026

Daily FT

Hanif meets US Under Secretary of State to promote Sri Lanka investment opportunities

PRESIDENT'S Special Envoy for Foreign Investment, Hanif Yusoof has engaged in high-level discussions with the US Under Secretary of State Jacob Helberg at the US Department of State in Washington D.C., as part of efforts to attract greater foreign investment to Sri Lanka.

1 min  |

June 03, 2026

Daily FT

CBSL launches “Be Scam Proof” initiative as digital fraud, illegal investment schemes rise

THE Central Bank of Sri Lanka (CBSL) yesterday launched a month-long country-wide awareness campaign titled “Be Scam Proof”, warning that increasingly sophisticated digital fraud and persistent illegal investment schemes are posing a growing threat to consumers, financial inclusion and trust in the financial system.

4 min  |

June 03, 2026
Daily FT

Daily FT

Sri Lankan sapphire “Peacock of Ceylon” fetches over Rs. 500 m at Geneva Auction

A rare Sri Lankan sapphire has fetched approximately $ 1.75 million at a prestigious international auction, with the 102.40-carat “Peacock of Ceylon” reaching a final total of 1.55 million Swiss Franc at Sotheby’s High Jewellery Sale in Geneva, reaffirming the global appeal the Ceylon sapphire.

2 min  |

June 03, 2026

Daily FT

Cabinet approves Rs. 1.47 b "10 Cities Development Program" to boost urban branding and tourism

THE Cabinet of Ministers has approved a proposal to accelerate urban modernisation and city-branding initiatives across 10 selected towns under a new Rs. 1.475 billion development program aimed at enhancing their economic and tourism appeal.

1 min  |

June 03, 2026

Daily FT

SLC offers national contracts to 46 players

Seven newcomers in list

1 min  |

June 03, 2026

Daily FT

Yasas Hewage assumes duties as Chairman of Industrial Development Board

YASAS Hewage on Monday assumed duties as Chairman of the Industrial Development Board (IDB) taking leadership of one of Sri Lanka’s longest-standing enterprise development institutions with a proud legacy spanning 60 years.

1 min  |

June 03, 2026
Daily FT

Daily FT

Boards must be street smart to compete in ‘Games CEOs Play’

WHILE listening to Joe South’s Grammy-winning song, ‘‘Games People Play,’’ which speaks against hatred, hypocrisy, inhumanity, intolerance, and irresponsibility of society, I realised that with a few tweaks and a slightly amended title, it will aptly describe the challenges boards face because of ‘‘The Games CEOs Play’’.

9 min  |

June 03, 2026
Daily FT

Daily FT

Death of Bloomfield cricketing stalwart Shabbir Asgerally

Served as national cricket selector under De Mel and Aravinda

1 min  |

June 03, 2026

Daily FT

Three senior lawyers challenge summons issued on High Court Judge

THREE senior legal professionals have filed a writ petition before the Court of Appeal seeking urgent intervention to prevent a sitting High Court Judge from being summoned and questioned over judicial decisions made in the course of his official duties, arguing that such action threatens judicial independence and the rule of law.

1 min  |

June 03, 2026
Daily FT

Daily FT

How "legal" is electricity billing now?

PEOPLE have received WhatsApp messages, SMS and even emails from both the CEB and LECO informing they pay their 2026 May electricity consumption bill, due date given as 15 June in some instances.

2 min  |

June 03, 2026
Daily FT

Daily FT

OECD-ADBI Roundtable on Insurance and Retirement Savings in Asia kicks off in Colombo

THE two-day OECD-ADBI Roundtable on Insurance and Retirement Savings in Asia kicked off yesterday at The Kingsbury, Colombo hosted by the Insurance Regulatory Commission of Sri Lanka (IRCSL).

5 min  |

June 03, 2026
Daily FT

Daily FT

Largest battery energy storage program to boost grid stability and accelerate renewable energy integration

SRI Lanka is set to commission battery energy storage capacity across 16 substation sites nationwide, marking the country’s largest energy storage program to date.

2 min  |

June 03, 2026

Daily FT

Prime Lands exits HNB Finance with Rs. 3.5 b sale; Rayynor enters

PRIME Lands Ltd., has exited HNB Finance PLC selling 23.29% stake for Rs. 3.5 billion.

1 min  |

June 03, 2026
Daily FT

Daily FT

Palm oil, rubber and coconut: Ending the plantation crop bias

SRI Lanka's plantation sector has always been a cornerstone of our economy, shaping livelihoods, exports, and rural development.

3 min  |

June 03, 2026
Daily FT

Daily FT

KPMG appoints Sachiru Dayananda as Partner in Sri Lanka

KPMG in Sri Lanka, a member firm of the KPMG network of independent member firms, has appointed Sachiru Dayananda as a Partner of the Firm with effect from 1 June 2026.

1 min  |

June 03, 2026
Daily FT

Daily FT

Airbnb appoints Bhavna Dadlani as Head of Airbnb Services Asia Pacific

AIRBNB has appointed Bhavna Dadlani as Head of its newly formed Airbnb Services business line for Asia Pacific.

1 min  |

June 03, 2026
Daily FT

Daily FT

Anantara Hotels and Resorts celebrates 25 years of growth, expansion

ANANTARA Hotels and Resorts, the luxury experiential brand under Minor Hotels, is marking its 25th anniversary with a global campaign titled ‘‘25 Years of Unforgettable Journeys.’’

1 min  |

June 03, 2026
Daily FT

Daily FT

REVIEW - Made in Nepal by Binod Chaudhary

A billionaire’s story, told on his own terms

3 min  |

June 03, 2026