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Daily FT

Landslide evacuation warning extended to four districts

THE National Building and Research Organisation (NBRO) yesterday extended its Level-3 (Red) landslide evacuation warning for multiple areas across Kandy, Kegalle, Kurunegala and Matale, with the alert now in force until 4:00 p.m. today.

1 min  |

December 10, 2025
Daily FT

Daily FT

Then as farce, now as tragedy: The second coming of Microfinance and Credit Regulatory Authority

THE Microfinance and Credit Regulatory Authority Bill that was defeated by communities affected by microfinance, women victims and community credit providers in April 2024, has reincarnated.

8 min  |

December 10, 2025
Daily FT

Daily FT

Axiata sees Sri Lanka emerging as digital investment hub: Group CEO Vivek Sood

AXIATA Group Berhad Group CEO/ Managing Director Vivek Sood said the Malaysian telecoms giant remains committed to Sri Lanka as a long-term strategic investment destination, despite challenges and market exits elsewhere in the region, citing the country’s digital ambitions, talent base and regulatory openness as decisive factors.

1 min  |

December 09, 2025

Daily FT

China trade surplus tops $ 1 t for first time amid pivot to counter US lull

CHINA'S annual trade surplus in goods has topped $1 trillion for the first time, with plunging exports to the United States amid a tariff war more than compensated for by shipments to other markets, new data shows.

1 min  |

December 09, 2025
Daily FT

Daily FT

Pathfinder Foundation conducts high-level event on management of public finance

THE Pathfinder Foundation conducted a high-level event, focusing on the theme “Managing Public Finance: The South Asian Experience.”

1 min  |

December 09, 2025
Daily FT

Daily FT

EDB launches fast-track relief to support exporters affected by adverse weather

THE Export Development Board (EDB) has launched a rapid relief and recovery program following the severe impact of adverse weather conditions on Sri Lanka’s export sector.

1 min  |

December 09, 2025
Daily FT

Daily FT

SL draws over 43,000 tourists in first week of December despite Ditwah

THE tourism industry has posted a strong opening week for December, welcoming 43,329 visitors in the first seven days of the month despite the disruptions caused by Cyclone Ditwah, reflecting a 5.2% year-on-year (YoY) increase.

2 min  |

December 09, 2025
Daily FT

Daily FT

Tea industry stands strong as CTTA confirms swift return to normal operations

Notes tea-growing areas in Uva and Central Province experienced some impact; affirms no loss of manufacturing capacity States with majority of plantations and smallholder lands in South of the island, harvesting, manufacturing and transportation activities are continuing as usual Informs Tea Auction previously set for first week of the month has been rescheduled to last week of December Affirms commitment to supply ‘Ceylon Tea’ globally and remain optimistic about future

2 min  |

December 09, 2025

Daily FT

Jetstar to launch Australia's only low-cost direct flights to SL

Flights to commence from Aug. 2026 with fares from just $ 315

3 min  |

December 09, 2025

Daily FT

Nov. national sales average for tea strengthens

Gains seen in High and Low Growns

1 min  |

December 09, 2025
Daily FT

Daily FT

Moody's says SL faces significant credit impact from Ditwah

MOODY'S Investors Service has warned that the recent climate-driven natural disasters across South and Southeast Asia pose its most significant credit impact for Sri Lanka because of the country's limited fiscal capacity and high vulnerability to physical climate risks.

2 min  |

December 09, 2025
Daily FT

Daily FT

Cyclone Ditwah damages over 3,200 industries

Industry Ministry says figures expected to rise as assessment continues Establishes dedicated online platform, hotline for businesses to submit details of losses, apply for Rs. 200,000 Govt. assistance

1 min  |

December 09, 2025
Daily FT

Daily FT

AKD uses Newsweek interview to pitch investment agenda and climate-finance needs

PRESIDENT Anura Kumara Dissanayake used an interview with US publication Newsweek to outline the Government's priorities at a moment when the country is attempting to stabilise an economy hit by debt distress and a climate disaster.

3 min  |

December 09, 2025
Daily FT

Daily FT

Lulu's Yusuff Ali leads UAE residents' aid for Sri Lanka with Rs. 32 m donation

Embassy, Consulate receive tons of relief supplies from expats for cyclone- hit country

3 min  |

December 09, 2025
Daily FT

Daily FT

Building a safer Sri Lanka: A presidential appeal for a National Building and Development Code

Tracing the wounds of history and the painful narrative behind it

10+ min  |

December 09, 2025

Daily FT

CHEC Deputy MD says Port City Colombo ready for business with $ 1.3 b in investments secured

Thulci Aluwihare says discussions underway with about six more potential investors, expects these to translate into additional $ 600-850 m over next three to four years Attracting investors requires incentives to compensate Sri Lanka's weaker competitiveness rankings; key incentives non-fiscal ones to reduce foreign investor risk, mainly currency exposure Confirms Port City negotiated a fiscal package with Govt. and IMF Asserts Port City provides full capital mobility, a major deviation from South Asia’s typically tight capital controls

3 min  |

December 09, 2025

Daily FT

Assetline Finance opens subscriptions for landmark Rs. 5 b debenture issue

ASSETLINE Finance, the flagship company of the David Pieris Group’s financial services arm, has announced that subscriptions will open today (9) for its inaugural issuance of listed, rated, unsecured, senior, redeemable debentures, targeting up to Rs. 5 billion.

2 min  |

December 09, 2025
Daily FT

Daily FT

Secondary Bond market activity subdued; yields consolidate

THE secondary Bond market opened the new trading week on a dull note, with activity remaining subdued as participants took a cautious stance.

1 min  |

December 09, 2025

Daily FT

Need for daily official updates about upcountry access roads for tourists

DUE to the recent cyclone access roads to Nuwara Eliya have been severely affected.

1 min  |

December 09, 2025

Daily FT

A STRATEGIC IMPERATIVE: WHY SRI LANKA’S DEBT MANAGEMENT MUST TRANSITION BEYOND THE CENTRAL BANK

The recent enactment of the Central Bank of Sri Lanka Act No. 16 of 2023 (CBSL Act) and Public Debt Management Act No. 33 of 2024, in September 2023 and June 2024, respectively, mark a turning point in Sri Lanka’s economic governance.

4 min  |

December 09, 2025
Daily FT

Daily FT

VAT reform in a time of crisis

Assessing MSME readiness amidst Ditwah cyclone aftermath and the 2026 compliance mandate

5 min  |

December 09, 2025

Daily FT

Army SC, Ragama CC forced to settle for first innings wins

Tier B 3-Day tournament

1 min  |

December 09, 2025
Daily FT

Daily FT

Akbar Brothers crowned Mercantile 'A' Division Basketball champions

AKBAR Brothers Ltd. delivered a commanding all-round performance to clinch the 'A' Division title at the 33rd MSBA League Basketball Tournament, defeating defending champions Fairfirst Insurance 70-60 in a thrilling final held on Friday, 5 December.

1 min  |

December 09, 2025
Daily FT

Daily FT

LNBTI hosts inaugural convocation, marking historic milestone for Sri Lanka-Japan education

LANKA Nippon BizTech Institute (LNBTI), Sri Lanka’s first Japanese-affiliated IT higher education institute, held its Inaugural Convocation on 14 November 2025, at the BMICH, Colombo—marking a significant milestone in the country’s education landscape and strengthening the longstanding friendship between Sri Lanka and Japan.

1 min  |

December 09, 2025

Daily FT

CSE closes on the up, recovers 5% of last week's value loss

THE Colombo stock market yesterday opened the week on the up, gaining Rs. 22.6 billion in value and recovering barely 5.2% of the Rs. 424 billion loss sustained last week.

1 min  |

December 09, 2025

Daily FT

SL draws...

The performance also pushes year-to-date (YTD) arrivals to over 2.14 million, marking a 16.3% growth compared with the same period last year.

2 min  |

December 09, 2025
Daily FT

Daily FT

Cyclone Ditwah: Sri Lanka's largest disaster and the path to resilient recovery

THE Cabinet has sanctioned the establishment of the Rebuilding Sri Lanka Fund as a statutory mechanism under the Presidential Secretariat.

2 min  |

December 09, 2025
Daily FT

Daily FT

Sri Lanka highlights diversity in tourism at Holiday Expo Gent 2025, Belgium

SRI Lanka Embassy in Belgium together with the Sri Lanka Tourism Promotion Bureau participated in the Holiday Expo Gent held from 28 November to 01 December 2025 at Flanders Expo in Belgium, for the second consecutive time.

1 min  |

December 09, 2025
Daily FT

Daily FT

Colts, Police SC grab full points on first weekend

COLTS and Police SC managed to grab full points with wins against Chilaw Marians CC and Panadura SC respectively in the opening weekend of the SLC Major Club 3-day tournament.

3 min  |

December 09, 2025
Daily FT

Daily FT

Coping with and managing the agony and ecstasy of annual promotions

IN the early years of my leadership career, an event that often left me in a state of trepidation was the annual promotion cycle.

8 min  |

December 09, 2025