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Daily FT

Fleetwood's stumble gives US Bradley-sized Ryder Cup headache

As Tommy Fleetwood continues to wrestle with how to get over the winning line on the PGA Tour, American golf is trying to fathom how having a playing captain might work at this year's Ryder Cup.

1 min  |

June 25, 2025

Daily FT

Messi's Miami to play PSG at Club World Cup last 16; Atletico knocked out

INTER Miami's Lionel Messi faces a tantalising reunion with former club Paris Saint-Germain (PSG) in the Club World Cup last 16 after both sides progressed to the knockout phase.

1 min  |

June 25, 2025

Daily FT

Ajith De Silva elected President of Colombo MBA Alumni Association

TOP professional Ajith De Silva was unanimously elected as the Chair of the MBA Alumni Association at the Annual General Meeting held on 19 June at the Galle Face Hotel.

2 min  |

June 25, 2025

Daily FT

Unsatisfactory conduct of insurance regulator

THREE months ago, at a session of the Committee on Public Finance (COPF), its Chairman Dr. Harsha de Silva slammed the conduct of Sri Lanka's insurance watchdog - the Insurance Regulatory Commission of Sri Lanka (IRCSL) - over its apparent failure to address serious market distortion by the premier State-owned insurance provider - the Sri Lanka Insurance Corporation (SLIC).

2 min  |

June 25, 2025
Daily FT

Daily FT

Arpico Insurance demonstrates exceptional performance with Rs. 235 m PAT

ARPICO Insurance PLC has recorded a profound performance resurgence from the preceding year, with an exceptional Profit After Tax (PAT) of Rs. 235 million for the year 2024.

2 min  |

June 25, 2025

Daily FT

Foreign Ministry coordinates evacuation efforts amid Middle East tensions

AMID the rising tensions stemming from the ongoing conflict between Israel and Iran, the Foreign Affairs Ministry yesterday announced that coordinated efforts are underway to safeguard and evacuate Sri Lankans in affected Middle Eastern countries.

3 min  |

June 25, 2025

Daily FT

England chase down 371 to seal staggering win over India

BEN Duckett's astonishing 149 led England to a target of 371 — one of the all-time great run chases — to beat India on a nerve-shredding final day of the first Test at Headingley.

1 min  |

June 25, 2025
Daily FT

Daily FT

Lankan food and beverages exporters at THAIFEX Anuga Asia 2025

SRI Lankan food and beverages exporters took part in THAIFEX Anuga Asia 2025, the leading food and beverage trade show in Asia, which was successfully held in May in Bangkok, Thailand.

3 min  |

June 25, 2025
Daily FT

Daily FT

Colombo Central Bus Stand to be upgraded under 'Clean Sri Lanka'

IN line with the “Clean Sri Lanka” program, the Government plans to upgrade the Colombo Central Bus Stand within the next year.

1 min  |

June 25, 2025

Daily FT

Amaron and Samudhi Trading celebrate 20 years of partnership in Sri Lanka

Amaron targets 40% Sri Lankan batteries market share Only brand offering industry-leading 5-year warranty New 35Ah battery launching for three-wheelers Auxiliary battery to expand product portfolio Amaron customer service mobile app to debut this year

5 min  |

June 25, 2025

Daily FT

JAT Holdings celebrates elegance and excellence at inaugural JAT Golf Classic

JAT Holdings PLC concluded the inaugural JAT Golf Classic in fine style, marking a sophisticated new chapter in the company’s engagement with the sporting community.

2 min  |

June 25, 2025

Daily FT

Dinithi Athulathmudali from University of Colombo's Department of Economics wins Saman Kelegama Memorial Research Grant 2025

DINITHI Athulathmudali, a fourth-year undergraduate from the Department of Economics at the University of Colombo is the winner of the Saman Kelegama Memorial Research Grant for 2025.

1 min  |

June 25, 2025
Daily FT

Daily FT

MTU and DIMO geared to transform marine and general engineering sectors in Sri Lanka and Maldives

MTU ~ a global leader in high-performance propulsion and power systems — together with its authorised representative in Sri Lanka and the Maldives, DIMO, is poised to transform the marine and general engineering sectors with cutting-edge solutions while solidifying their presence in the region.

2 min  |

June 25, 2025

Daily FT

House Committee of Parliament revises food prices at request of Parliamentary staff

Reduces prices from Rs. 4,000 to Rs. 3,000 per month for executive grade employees and reduce charges from Rs. 2,500 to Rs. 2,000 per month for non-executive grade employees New prices will come into effect from 1 July Decides to allocate one section of Vacation Bungalow of MPs in Nuwara Eliya for Parliamentary staff Discusses need to renovate official residence complex in Madiwela allocated for MPs, resting areas for drivers of MPs

1 min  |

June 25, 2025
Daily FT

Daily FT

INSEE Sanstha Cement featured as case study in prestigious Professor Philip Kotler's 'Essentials of Modern Marketing' Sri Lanka and Maldives edition

INSEE Sanstha has been selected by Kotler Impact Inc. to be featured prominently as a key case study in the inaugural Professor Philip Kotler's 'Essentials of Modern Marketing' Sri Lanka and Maldives edition.

1 min  |

June 25, 2025

Daily FT

SDB Bank partners Australia's Market Development Facility

Initiative to strengthen coconut, coffee, and mango value chains

2 min  |

June 25, 2025
Daily FT

Daily FT

SLBC UAE hosts strategic networking dinner to boost Lankan rubber exports

IN conjunction with Sri Lanka's participation at the Middle East Rubber & Tyre Expo 2025, the Sri Lanka Business Council UAE (SLBC) hosted a high-profile Networking Dinner at the Pullman Hotel, Deira City Centre, Dubai, to welcome and support the visiting delegation of Sri Lankan rubber product exporters.

1 min  |

June 25, 2025

Daily FT

Regulatory reforms for securities market operations

Following is a letter to Ministry of Finance Secretary Dr. Harshana Suriyapperuma, Central Bank Governor Dr. Nandalal Weerasinghe, and SEC Chairman Prof. Hareendra Dissabandara, urging essential regulatory reforms to minimise securities market risks

4 min  |

June 25, 2025

Daily FT

Iran fires missiles at US base in Qatar

IRAN last night launched an attack on US forces at Al Udeid Air Base in Qatar after Tehran said it would retaliate against the US strikes on Iranian nuclear sites.

1 min  |

June 24, 2025
Daily FT

Daily FT

Dr. Harshana Suriyapperuma appointed new Treasury Secretary

PRESIDENT Anura Kumara Disanayake has appointed Dr. Harshana Suriyapperuma as the new Secretary to the Ministry of Finance.

1 min  |

June 24, 2025
Daily FT

Daily FT

BOI says significant surge in FDIs in 1Q amid stable investment climate

THE Board of Investment (BOI) of Sri Lanka yesterday announced an increased inflow of Foreign Direct Investment (FDI) to the country in comparison to the previous year, consolidating the stable and investor-friendly economic environment.

3 min  |

June 24, 2025
Daily FT

Daily FT

Browns marks 150th year with landmark Rs. 25.9 b PBT in FY25

Plantation acquisitions fuel global aspirations Trading and manufacturing continue to anchor Group stability Leisure sector rebounds on tourism recovery

2 min  |

June 24, 2025
Daily FT

Daily FT

People's Leasing and Finance marks strong asset expansion amidst steady profitability in FY25

PEOPLE’S Leasing and Finance PLC (PLC) has delivered a commendable performance for the financial year ended 31 March.

2 min  |

June 24, 2025
Daily FT

Daily FT

SLID launches third intake of “Women in Leadership” program

THE Sri Lanka Institute of Directors (SLID) has announced the third intake of its acclaimed “Women in Leadership” program, starting on 31 July, at the City Club Meeting Room, Cinnamon Grand.

1 min  |

June 24, 2025

Daily FT

Transparency International Sri Lanka challenges Companies (Amendment) Bill

TRANSPARENCY International Sri Lanka (TISL) has filed legal action in the Supreme Court challenging the Bill to amend the Companies Act No. 07 of 2007.

2 min  |

June 24, 2025

Daily FT

Middle East tensions wipe out Rs. 117 b in value at CSE

THE Colombo stock market yesterday suffered a Rs. 117 billion loss of value and the biggest intra-day dip as investors reacted negatively to the worsening situation in the Middle East.

2 min  |

June 24, 2025

Daily FT

Pussalla Meat Producers moves to organic cinnamon production with Rs. 300 m investment

PUSSALLA Meat Producers Ltd., has invested around Rs. 200 million to move into the Value-Added Organic Cinnamon Production sector and a further Rs. 100 to increase their Cinnamon plantations.

2 min  |

June 24, 2025
Daily FT

Daily FT

Ellepola heads CR once more

FORMER Trinity College rugby and cricket skipper plus Red Shirts number 8, Tikiri Ellepola will continue to be President of the Ceylonese Rugby and Football Club (CR and FC) for the 2025/2026 term.

1 min  |

June 24, 2025
Daily FT

Daily FT

Spanish social media influencers' team concludes familiarisation trip to Sri Lanka

SPAIN is one of the fastest growing summer markets for Sri Lanka Tourism.

1 min  |

June 24, 2025
Daily FT

Daily FT

Amaya Hills and Amaya Beach excel at 22nd Culinary Art Food Expo 2025

AMAYA Resorts & Spas celebrated the exceptional achievements of its culinary teams from Amaya Hills, Kandy and Amaya Beach, Pasikudah, at the prestigious 22nd Culinary Art Food Expo (CAFE) 2025, held at the BMICH, Colombo.

1 min  |

June 24, 2025