Newspaper
Daily FT
Shielding Sri Lanka from looming economic storm: US tariff crisis
Following is a collective statement by trade unions and civil society organisations on the US tariff crisis and possible countermeasures the Government could take to reduce its impact
7 min |
May 28, 2025
Daily FT
First Capital powers ahead with market-leading performance in FY 2024/25
FIRST Capital Holdings PLC, a leading financial solutions provider has recorded a Total Comprehensive Income of Rs. 5 billion for the year ended 31 March 2025, compared to Rs. 10.1 billion in the previous year.
2 min |
May 28, 2025
Daily FT
Sri Lankan fighters shine at International Thai Martial Arts Festival; team returns with 10 medals
THE Sri Lankan national team has returned home in triumph after a spectacular performance at the 7th International and Thai Martial Arts Games and Festival, held in Bangkok, Thailand, from 17 to 22 May.
2 min |
May 28, 2025
Daily FT
Conflicts of interest in appointments to SOEs
EVER since the 2022 economic crisis, the performance of SOEs has become a contentious topic of discussion and debate within the public discourse. The continuous losses of public entities have resulted in taxpayers having to inject capital by paying higher amounts of taxes to the Treasury.
2 min |
May 28, 2025
Daily FT
NCC felicitates cricket team
NONDESCRIPTS Cricket Club (NCC) felicitated their Premier Cricket Team for emerging T-20 Champions and League Runners Up at last year’s Sri Lanka Cricket (SLC) conducted tournaments and also recognised their top performers at a simple function held at the Club premises recently.
1 min |
May 28, 2025
Daily FT
Warm reception to Lankan MPs in India
A group of Sri Lankan Members of Parliament (MPs) received a warm welcome in India during their visit as part of a capacity-building program.
1 min |
May 28, 2025
Daily FT
Postpartum wellness pioneer Momager celebrates five-year milestone
Heralds strategic partnership with Adhitya Ayurveda Colombo to revolutionise healing traditions
2 min |
May 28, 2025
Daily FT
Pioneer of women's cricket in Sri Lanka Gwen Herat is no more
THE local cricketing fraternity was at a loss following the passing away of Mrs Gwen Herat, the founder president of the Sri Lanka Women’s Cricket Association (SLWCA) yesterday.
1 min |
May 28, 2025
Daily FT
Koach Hub announces strategic partnership with US- based Impact Soccer to elevate football development
THE Singapore-based Koach Hub, a leading Sports Tech platform developed specifically for football, announced a strategic partnership with Impact Soccer, a US-based company leveraging AI and data analytics to enhance player performance and development.
1 min |
May 28, 2025
Daily FT
Sri Lanka's blundering health bureaucracy
THE right to health occupies an ambiguous place in Sri Lanka's constitutional and legal framework. Whilst the Constitution recognises a range of fundamental rights, it does not explicitly codify the right to health. Nevertheless, the State delivers a range of health services and exercises substantial, centralised control over the medical sector-from training and appointing doctors to regulating drug imports, pricing, and distribution.
3 min |
May 28, 2025
Daily FT
Mahindra Ideal Finance delivers strong FY25
ONE of Sri Lanka's fastest growing finance companies, Mahindra Ideal Finance Limited (MIFL), said yesterday it has posted robust top and bottom-line performance for the financial year ended 31 March 2025.
1 min |
May 28, 2025
Daily FT
Legal framework for action againstDftdesigns and financing
THE Cabinet of Ministers at its meeting on Monday (26) granted approval to the proposal furnished by President Anura Kumara Disanayake and Foreign Affairs Minister Vijitha Herath to instruct the Legal Draftsmen to draft a law to act against foreign terrorist militants based on the United Nations Defence Council Resolution 2178 (2014).
1 min |
May 28, 2025
Daily FT
ASIA PACIFIC JUNIOR GOLF CHAMPIONSHIP 2025 Good start by Reshan Algama
ASIA Pacific Junior Golf Championship 2025 commenced at the Hong Kong Golf Club in Fanling.
1 min |
May 28, 2025
Daily FT
CBSL holds Financial Stability Conference to mark 75th anniversary
THE Central Bank of Sri Lanka (CBSL) held the Financial Stability Conference on 23 May, in Colombo, to celebrate its 75th anniversary and as a landmark event to highlight Sri Lanka’s success story in overcoming economic challenges faced during the recent past while preserving the financial system stability.
1 min |
May 28, 2025
Daily FT
Healthguard expands footprint with new outlet in Malabe
SRI Lanka’s leading health and wellness retail chain, Healthguard—a subsidiary of the healthcare sector of Sunshine Holdings PLC— opened its 16th outlet to the public at Thalahena, Malabe.
1 min |
May 28, 2025
Daily FT
Navy delivers 400 lifesaving thalassemia infusion systems to Health Ministry
IN a significant step towards combating thalassemia, the Sri Lanka Navy recently handed over 400 thalassemia infusion systems to the Ministry of Health.
1 min |
May 28, 2025
Daily FT
Ambeon Holdings delivers strong FY25 results with Rs. 1.9 b profit
AMBEON Holdings PLC yesterday announced its interim financial results for the financial year 2024/25. These results reflect a resilient performance and sustained strategic progress amidst ongoing challenges in a recovering macroeconomic environment.
1 min |
May 28, 2025
Daily FT
Nagarro expands neurodiversity training program 'TestingPro' to Sri Lanka
NAGARRO, a global leader in digital engineering, recently announced the expansion of its neurodiversity initiative 'TestingPro' to Sri Lanka, in collaboration with the Shiranee Joseph de Saram Foundation (SJDSF).
2 min |
May 28, 2025
Daily FT
Change of guard at COYLE
RADDELLA Holdings Managing Director Thushira Raddella, who recently completed his tenure as President of COYLE, reflected on the year gone by, COYLE's future plans, as well as the way forward for Raddella Holdings, as he handed over the reins of this now formidable Business Chamber to his successor Manjula.
3 min |
May 28, 2025
Daily FT
Nawaloka Hospitals pioneers Al-driven healthcare with launch of smart digital platforms
IN a landmark advancement for Sri Lanka's healthcare sector, Nawaloka Hospitals PLC, the nation's trailblazer in Artificial Intelligence (AI)-powered medical innovation, has introduced a state-of-the-art AI-powered outpatient department (OPD) chatbot and a fully integrated corporate chatbot through its official website.
1 min |
May 28, 2025
Daily FT
Disgusting display of Arab Royal opulence
It is disgusting not because of its financial magnitude and glitter but because of the circumstance in which it took place
5 min |
May 28, 2025
Daily FT
HNB expands transaction banking suite with 24/7 trade finance access via TxB TradeX with IFINITY
HNB PLC, has launched TxB TradeX — its next-generation Digital Trade Finance platform, in collaboration with IFINITY Global Ltd., setting a new standard for digital trade services in Sri Lanka.
2 min |
May 28, 2025
Daily FT
Sri Lanka's brightest young innovators to be honoured at Soorya Youth Top40 Awards 2025
■Recognises 40 outstanding young Sri Lankans ■Celebrates contributions across diverse fields ■Promotes values of innovation, compassion and leadership
2 min |
May 28, 2025
Daily FT
EDB, ITC and UK Govt. launch SheTrades Sri Lanka Hub web page to empower women-led biz
THE Sri Lanka Export Development Board (EDB), in collaboration with the International Trade Centre (ITC) yesterday launched the SheTrades Sri Lanka Hub web page under the framework of the United Kingdom (UK) Government-funded SheTrades Commonwealth+ Program, marking a major milestone in the country's efforts to empower women-led businesses and integrate them into global trade.
2 min |
May 28, 2025
Daily FT
Professional costing framework should be implemented to determine cost price of electricity
A professional managerial and societal costing framework should be implemented to accurately determine the cost price of electricity and provide competitive pricing to serve all stakeholders. IMF cost recovery electricity pricing should be done efficiently and effectively to achieve cost reduction and not cost increases in electricity pricing.
8 min |
May 28, 2025
Daily FT
NCCSL workshop on export proceedures and documentation tomorrow
THE National Chamber of Commerce of Sri Lanka will hold a comprehensive one-day workshop on “Export Procedures and Documentation: Unlocking International Markets”, on 29 May, from 9 a.m. to 4 p.m. at the National Chamber Auditorium, 450, D.R. Wijewardene Mawatha, Colombo 10.
1 min |
May 28, 2025
Daily FT
National Shoora Council holds dialogue with ruling party Muslim MPs
A delegation from the National Shoora Council (NSC) held a constructive meeting with the Muslim Members of Parliament representing the ruling party last week in Colombo.
1 min |
May 28, 2025
Daily FT
Triple-crown sensation Rashmi shines at MBA All-Island Badminton Championships
STAR Shuttler Rashmi Mudalige bagged a triple crown, as Savinaka Weerasekara earned the Men's Open Singles title at the Mercantile Badminton Association (MBA) All-Island Open Badminton Championships 2025 concluded at the MBA Indoor began in Colombo on Sunday.
3 min |
May 28, 2025
Daily FT
Gihan Wickramasinghe secures overall win at NTB golf
GIHAN Wickramasinghe won the NTB Customer best Stableford win with a score of 44. Shemal De Silva won the NTB Amex Challenge trophy with a score of 46. This annual event sponsored by NTB saw more than 260 golfers plus 30 exciting juniors teeing off recently.
1 min |
May 28, 2025
Daily FT
Secondary bond market continues to rally; yields in free-fall
Rs. 162.50 b T-Bill auction in focus Rupee broadly steady
2 min |