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Daily FT

SL welcomes US tariff cut

Treasury Secretary Dr. Harshana Suriyapperuma confirms no concessions made in exchange for reduction

4 min  |

July 11, 2025

Daily FT

Excise TUs say they don't oppose naval officer becoming Departmental Head

Tradition is to appoint experienced in-service officer or SLAS higher-up familiar with Govt. taxation policy as Commissioner General of Excise, one of three revenue-generating arms of Treasury

2 min  |

July 11, 2025

Daily FT

Private sector unites to oppose draft Bill to amend Electricity Act

The Ceylon Chamber of Commerce, National Chamber of Commerce, Joint Apparel Association Forum and Federation of Renewable Energy Developers make joint written submission to Parliamentary Sectoral Oversight Committee on Infrastructure and Strategic Development

3 min  |

July 11, 2025

Daily FT

Seylan Bank Rs. 15 b listed debenture snapped up on opening day

SEYLAN Bank PLC’s Basel III-compliant Tier II listed debenture, raising up to Rs. 15 billion, was oversubscribed on the opening day on Wednesday having received strong market response, highlighting investor confidence in the bank’s resilient business model and long-term vision.

2 min  |

July 11, 2025

Daily FT

Sheela Wijewardhana wins landmark copyright case in Supreme Court

THE Supreme Court has delivered its judgment on 23/05/2025 in SC/ CHC/Appeal No. 04/2013, in favour of the plaintiff-appellant, Sheela Wijewardene (wife of the late Clarence Wijewardene, the veteran musician) against the defendants respondents, Sarath Kothalawala of Torana Music.

2 min  |

July 11, 2025
Daily FT

Daily FT

Apparel industry expresses concern over 30% US tariff on Sri Lanka

Warns SL faces risk of seeing migration of US buyers to lower-tariff countries Urges Govt. to continue active engagement with US to secure better deal for Sri Lanka Says Vietnam is at advantage at 20% tariff, Bangladesh has begun talks to reduce rate from 35%

1 min  |

July 11, 2025
Daily FT

Daily FT

Unfolding the unknowns of a legend: Clarence - Rhythm of the Guitar

GROWING up, the music of the legendary Clarence Wijewardena was a constant presence in our home, thanks to my father being a huge fan.

2 min  |

July 11, 2025
Daily FT

Daily FT

ODI and CEPA-led study urges bold reforms for inclusive development

■New Growth Report charts path for Sri Lanka's economic revival

2 min  |

July 11, 2025
Daily FT

Daily FT

Assassination of Tamil political leader Appapillai Amirthalingam

THE first major assassination of a prominent political leader in Sri Lanka known formerly as Ceylon was in September 1959.

10+ min  |

July 11, 2025

Daily FT

ComBank launches Sri Lanka's first Al-powered SME credit underwriting solution

THE Commercial Bank of Ceylon has announced the launch of Sri Lanka’s first Artificial Intelligence-powered SME credit underwriting solution, taking a transformative step in reshaping how small and medium enterprises (SMEs) access credit and financial solutions.

2 min  |

July 11, 2025
Daily FT

Daily FT

Future Automobiles introduces globally renowned Hamer 4x4 modifications to Sri Lanka

FUTURE Automobiles Ltd., a fully owned subsidiary of the Softlogic Group, announces its exclusive partnership with Hamer 4x4 Accessories, a globally respected name in premium off-road vehicle modifications.

1 min  |

July 11, 2025

Daily FT

Totachi Global Distributors Conference 2025 shines in Sri Lanka

Landmark gathering of innovation, partnership and recognition

1 min  |

July 11, 2025

Daily FT

HNB Finance launches advanced digital banking platform for seamless financial management

HNB Finance PLC (HNBF) has unveiled its latest innovation—HNBF Online Banking, a state-of-the-art digital platform designed to empower customers with secure, convenient access to their finances anytime, anywhere. Officially launched in June 2025, the service offers a comprehensive suite of digital banking tools tailored to meet the diverse needs of modern consumers.

1 min  |

July 11, 2025
Daily FT

Daily FT

Secondary bond market yields edge up ahead of Rs. 200 b auction

THE secondary bond market on Wednesday saw yields edge up marginally as the uncertainty stemming from the imposition of 'Reciprocal Tariffs' by the US continued to weigh down on market sentiment. Trading activity and transaction volumes were seen at subdued levels.

2 min  |

July 11, 2025
Daily FT

Daily FT

Cinnamon Life to host South Asia's biggest K-1 fight night – KFL 005

SOUTH Asia’s biggest K-1 fight league, Karma Fight League, will host its fifth event on 25 July at Cinnamon Life, South Asia’s largest entertainment hub.

1 min  |

July 11, 2025

Daily FT

Euro Motors and Dongfeng launch value redefining hatchback into Sri Lankan market

EURO Motors has recently partnered with Dongfeng, one of the world's leading automotive manufacturers, to officially launch its range of vehicles into the Sri Lankan market.

2 min  |

July 11, 2025

Daily FT

Seven Media brings childhood dreams to life with Jack and Gelato brand launch

WHEN imagination meets storytelling and a blank canvas becomes a brand, you get Jack and Gelato-the freshest, most playful frozen dairy brand to hit Sri Lanka.

2 min  |

July 11, 2025

Daily FT

People's Bank picks winners of 'People's Debit Card Gedaratama Thegi'

PEOPLE’S Bank recently held both the monthly and grand draws of the “People’s Debit Card Gedaratama Thegi” program, covering the period from March to May 2025.

1 min  |

July 11, 2025
Daily FT

Daily FT

Don't panic: Sri Lanka's fertility decline is temporary, not a demographic collapse

DESPITE recent claims by some researchers suggesting that Sri Lanka's population is entering a phase of long-term decline— due to falling fertility, increased emigration, and rising mortality—it is essential to approach this issue with scientific perspective rather than alarm.

4 min  |

July 11, 2025
Daily FT

Daily FT

Dankotuwa Porcelain enters strategic partnership with Kiros Hospitality

Joint initiative to introduce global-standard OS&E solutions

1 min  |

July 11, 2025
Daily FT

Daily FT

SriLankan Airlines and Tourism Malaysia host media FAM tour

SRILANKAN Airlines, together with the Malaysia Tourism Promotion Board, recently hosted a group of Sri Lankan journalists on an exciting familiarisation (FAM) tour of Malaysia, aimed at strengthening travel and tourism ties between the two countries.

1 min  |

July 11, 2025

Daily FT

ACCA APAC Virtual Careers Fair 2025 on 16 July to draw global talent

WITH growing demand for finance professionals across South and Southeast Asia, the Association of Chartered Certified Accountants (ACCA) is set to host its flagship Asia Pacific Virtual Careers Fair (APAC VCF) on 16 July, providing a powerful digital platform that connects future-ready talent with top employers across the region.

1 min  |

July 11, 2025
Daily FT

Daily FT

"Just as we breathe again": Trump's tariff blow to Sri Lanka's fragile recovery

TRUMP'S proposed 30% tariff on Sri Lankan exports, set to take effect on 1 August 2025, threatens to derail the island's early-stage economic recovery. As Sri Lanka navigates a post-crisis macroeconomic transition, this impending tariff shock exposes the country's structural trade vulnerabilities and over dependence on Western markets.

3 min  |

July 11, 2025

Daily FT

Fairway Holdings' 'Art and Jazz on the Street' brings life to Colombo Fort

■ A monthly festival boosting tourism and empowering local artists

2 min  |

July 11, 2025
Daily FT

Daily FT

Senior business leader Ajit M. De S. Jayaratne no more

HIGHLY respected senior business leader Ajit M. De S. Jayaratne passed away yesterday at the age of 85.

1 min  |

July 11, 2025

Daily FT

New bonus interest scheme for seniors: Timely or populist?

THE Government has launched a special interest scheme for senior citizens (60 years and above) with effect from 1 July as part of the 2025 Budget proposals.

2 min  |

July 11, 2025
Daily FT

Daily FT

LOLC Life Assurance signs strategic MoU with SMIB to strengthen bancassurance services

LOLC Life Assurance, a fully owned subsidiary of LOLC Holdings, has entered into a strategic partnership with the State Mortgage and Investment Bank (SMIB), one of the longest standing banks in Sri Lanka, to offer life endowment insurance solutions through its bancassurance channel.

1 min  |

July 11, 2025
Daily FT

Daily FT

Sri Lanka run Bangladesh to the ground in first T20I

Start preparation for T20 World Cup with near perfect performance

2 min  |

July 11, 2025
Daily FT

Daily FT

Bharathanatya Arangetram of Ananyaa Prabagar

THE Bharathanatya Arangetram of Ananyaa Prabagar, daughter of Mr. and Mrs. Prabagar, will be held on 27 July at New Kathiresan Hall Bambalapitiya at 5.30 p.m. She is a disciple of 'Kalasuri', 'Aacharya Kala Sagara', 'Vishwa Ranga Abhimanaya' Smt. Vasugy Jegatheeswaran.

1 min  |

July 11, 2025
Daily FT

Daily FT

Seventy years of passion and pride: Thrilling encounters light up Colombo Hockey League

THE Colombo Hockey Association (CHA), now celebrating its monumental 70th anniversary, continues to honour its enduring legacy with adrenaline-pumping action on the turf.

2 min  |

July 11, 2025