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Daily FT

Viet Nam explores cooperation opportunities with Northern Province

A delegation from the Embassy of Viet Nam in Sri Lanka led by Ambassador Trinh Thi Tam concluded a three-day official visit to Sri Lanka's Northern Province from 17-19 November 2025. The visit aimed to explore opportunities for collaboration between Viet Nam and the Northern Province, with a focus on strengthening economic, trade, investment and tourism linkages.

2 min  |

November 20, 2025
Daily FT

Daily FT

PEOPLE'S LEASING & FINANCE PLC SECURES MERIT AWARD AT NATIONAL CLEANER PRODUCTION AWARDS 2025

People’s Leasing & Finance PLC (PLC) is proud to announce that it has been honored with a prestigious Merit Award in the Finance Sector under the Service - Large Category at the National Cleaner Production (NCP) Awards 2025, held on 06th November 2025 at Cinnamon Lakeside, Colombo.

1 min  |

November 20, 2025
Daily FT

Daily FT

Understanding listed sustainability bonds and how Bank of Ceylon positions itself for a changing capital market

SUSTAINABILITY is reshaping global finance, tremendously. Over the past, sustainable bonds have become a defining feature of responsible investment, bridging the gap between capital markets and long-term environmental and social goals. Now, as Sri Lanka prepares to deepen its green finance ecosystem, the conversation around sustainable debt instruments is moving from policy to practice.

6 min  |

November 20, 2025

Daily FT

Green gram purchasing initiative gets Rs. 764 m boost

THE Cabinet of Ministers on Monday approved the allocation of funds to purchase the green gram harvest in competition with the private sector, further expanding the Government's existing procurement program.

1 min  |

November 20, 2025

Daily FT

BigWin partners National Lotteries Board to take Sri Lanka's lottery system online

BIGWIN has joined hands with the National Lotteries Board (NLB) to bring Sri Lanka's lottery system into the digital era.

1 min  |

November 20, 2025

Daily FT

Govt. updates driving licence levy for foreigners and foreign licence-holders

THE Transport Ministry has announced revisions to the Motor Traffic Act, issuing Gazette No. 2463/04 on 17 November to update fees under the Motor Traffic (Oriving Licence Levy) Regulations of 2022.

1 min  |

November 20, 2025
Daily FT

Daily FT

Budget and inclusive development

“A Budget should be balanced not by more taxes, but by reduction of follies” (Herbert Hoover).

5 min  |

November 20, 2025
Daily FT

Daily FT

David Pieris Group's SpeedBay ushers in new era of world-class karting in Sri Lanka

MANAGED by David Pieris Racing and Leisure Ltd., the motorsports arm of the David Pieris Group of Companies, SpeedBay is redefining motorsports in Sri Lanka.

2 min  |

November 20, 2025
Daily FT

Daily FT

People's Leasing & Finance PLC Secures Four Wins Including Silver at SLIM National Sales Awards 2025

People's Leasing & Finance PLC (PLC) proudly announced a major milestone in its commitment to sales excellence, celebrating four remarkable victories at the SLIM National Sales Awards (NSA) 2025. This annual event, organized by the Sri Lanka Institute of Marketing (SLIM), is widely recognized as the country's pinnacle celebration for outstanding sales and marketing professionals who demonstrate exceptional skill, dedication, and superior performance throughout the year.

1 min  |

November 20, 2025

Daily FT

Dialog secures ICC media rights for Sri Lanka until January 2028

THE International Cricket Council (ICC) today announced that Dialog Television (Private) Limited has secured the exclusive media rights to broadcast ICC Events in Sri Lanka through January 2028, further strengthening the ICC’s partnership with one of the country’s leading entertainment platforms.

2 min  |

November 20, 2025

Daily FT

IFS and 1X Technologies partner to bring Industrial AI to physical world

IFS, the leading provider of Industrial AI software, last week announced at Industrial X Unleashed in New York a strategic partnership with 1X Technologies (1X), to jointly industrialise humanoid robotics for asset-intensive industries.

2 min  |

November 20, 2025
Daily FT

Daily FT

Futurity secures seed funding to introduce AI-enabled intelligence for everyday work

FUTURITY, SriLanka's fist Al-native research and development studio, yesterday announced the successful close ofits seed funding round. A joint venture between Invos Global and Gyania, the Futurity team set-out to introduce Al-enabled intelligence to everyday work, processes, teams and workplaces.

2 min  |

November 20, 2025
Daily FT

Daily FT

Message from the Chief Executive Officer of National Cleaner Production Centre, Sri Lanka

The National Cleaner Production Awards scheme was introduced in 2007 with the aim of recognizing enterprises that demonstrate leadership in resource efficiency and environmental responsibility. At the time, it was a pioneering initiative in Sri Lanka, intended to encourage industries to adopt cleaner production practices and to position the country on par with evolving international sustainability standards.

1 min  |

November 20, 2025

Daily FT

Advice Lab forges strategic alliance with Rhombus Advisory

ADVICE Lab, a reputed BPO that provides paraplanning and administrative services to Australian financial planners, has secured a strategic investment from Rhombus Advisory, one of Australia's leading professional services groups.

1 min  |

November 20, 2025

Daily FT

Union Assurance hosts top achievers at Partnership Distribution MDRT recognition event 2025

UNION Assurance has celebrated the outstanding achievements of its top-performing Insurance Relationship Officers (IROs) of the Partnership Distribution Channel at a MDRT recognition event, held at Hilton Colombo.

1 min  |

November 20, 2025

Daily FT

Budget 2026 projections cloud para-tariff phase-out, Arutha warns

THE Government's plan to unwind para-tariffs has been thrown into doubt by its own revenue projections, according to analysis by economic think tank Arutha Research, which says the 2026 Budget sends mixed signals on one of the most critical reforms for export growth.

1 min  |

November 19, 2025

Daily FT

LOLC Finance Rs. 15 b debenture issue gets regulatory nod

LOLC Finance yesterday said that its proposed Rs. 15 billion debenture issue has been approved by the Central Bank of Sri Lanka.

1 min  |

November 19, 2025

Daily FT

Sri Lanka, Denmark seal $ 39 m debt restructuring deal

SRI Lanka has signed a bilateral debt restructuring agreement with Denmark, securing the rescheduling of approximately $ 39 million in outstanding loans.

1 min  |

November 19, 2025

Daily FT

Govt. to formalise powers of Public Debt Management Office under new regulations

THE Government has taken the next step toward fully operationalising the Public Debt Management Act.

1 min  |

November 19, 2025
Daily FT

Daily FT

Govt. to allow night work for female hotel, restaurant staff

THE Cabinet of Ministers on Monday approved amendments to Order No. 3 of the Shop and Office Employees Act No. 19 of 1954 relating to service and wages regularisation, paving the way for legal provisions governing night work for female employees in the hospitality sector.

1 min  |

November 19, 2025

Daily FT

Govt. to invest Rs. 150 m to expand residential facilities for prison officers

THE Government will invest Rs. 150 million in 2026 to expand and upgrade residential facilities fr prison oficers, as severe staffing shortages continue to force officers to work beyond their regular duty hours.

1 min  |

November 19, 2025

Daily FT

Senkadagala Finance to raise Rs. 1 b via Rights Issue

SENKADAGALA Finance PLC has announced a 1:20 Rights Issue to increase its stated capital at a price of Rs. 240 per share.

1 min  |

November 19, 2025

Daily FT

MI crosses Rs. 100 b balance sheet milestone

MERCANTILE Investments and Finance PLC (MI) yesterday announced that its asset base reached a milestone Rs. 100 billion as of 31 October.

1 min  |

November 19, 2025
Daily FT

Daily FT

Message from the President of the Sri Lanka Institute of Packaging

\"Celebrating Excellence in the Packaging Industry

1 min  |

November 19, 2025

Daily FT

Manufacturing, services PMI picks up in Oct.

THE country’s manufacturing and services sectors in October have expanded, as per the Purchasing Managers’ Index (PMI), its compiler the Central Bank of Sri Lanka (CBSL) said.

1 min  |

November 19, 2025
Daily FT

Daily FT

Questionable G2G infrastructure deals deepened SL debt crisis: Economists

SRI Lanka's debt crisis was driven less by macroeconomic shocks than by years of inflated, noncompetitive Governmentto-Government infrastructure contracting, with the cancelled Adani Mannar wind project serving as an example, economists from SOAS University of London warned.

2 min  |

November 19, 2025
Daily FT

Daily FT

inVOYAGE concludes triumphant three-day B2B showcase hosted at Cinnamon Life at City of Dreams

inVOYAGE successfully concluded its three-day B2B event in Colombo, with Cinnamon Life at City of Dreams serving as the main host. The gathering brought together some of the world’s foremost event visionaries, industry leaders, and hospitality experts for an inspiring program of business meetings, cultural immersion, and high-impact networking.

2 min  |

November 19, 2025
Daily FT

Daily FT

MTI ranked among 'Top Strategy Consulting Firms in Asia 2025'

MTI Consulting has been recognised among the \"Top Strategy Consulting Firms in Asia 2025\" by Consultancy Asia, the leading platform for industry news, analysis, and rankings across the Asia-Pacific region.

1 min  |

November 19, 2025
Daily FT

Daily FT

Macbertan secures National Gold Award at CNCI Achiever Awards

MACBERTAN Ltd., was honoured with the National Gold Award in the medium manufacturing category at the prestigious Ceylon National Chamber of Industries (CNCI) Achiever Awards 2025. This award recognises Macbertan's unwavering dedication to innovation and leadership in total quality management, service excellence, professionalism and sustainable growth within the Sri Lankan industrial landscape.

1 min  |

November 19, 2025

Daily FT

Govt's anti-corruption drive lacks systemic bite, warns Dr. Ariyaratne

SARVODAYA Shramadana Movement President Dr. Vinya Ariyaratne said recent enforcement actions and political pledges have signalled greater willingness to address corruption, but these steps were still insufficient to transform entrenched systems of rent-seeking.

1 min  |

November 19, 2025