Newspaper
Daily FT
Cabinet clears Rs. 774 m vehicle procurement for Department of Prisons
THE Cabinet of Ministers on Monday approved the procurement of vehicles for the Department of Prisons, allocating Rs. 774 million to enhance the department's operational efficiency in managing court-related duties and inmate welfare.
1 min |
November 12, 2025
Daily FT
LOLC Finance reports Rs. 14 b 1H ΡΑΤ
LOLC Finance PLC said yesterday it has delivered a strong performance for the six months ended 30 September 2025, reflecting steady growth across key business lines and improved profitability amid a competitive operating environment.
1 min |
November 12, 2025
Daily FT
Unlocking Sri Lanka's SME powerhouse: New Secured Transactions Registry
IMAGINE a talented dressmaker in Sri Lanka who dreams of expanding her small business. She has a shop in town, a loyal customer base, and the potential to hire more staff. But there is one major obstacle - access to finance.
3 min |
November 12, 2025
Daily FT
Cabinet approves merger plan to strengthen State housing finance banks under BOC and People's Bank
THE Cabinet of Ministers at their meeting on Monday approved restructuring two state-affiliated housing finance institutions—the Housing Development Finance Corporation Bank (HDFC) and the State Mortgage and Investment Bank (SMIB), by bringing them under the ownership of the Bank of Ceylon (BOC) and People's Bank to ensure banking sector stability and protecting depositors.
1 min |
November 12, 2025
Daily FT
Sri Lanka backs Riyadh Declaration on Future of Tourism
Foreign Affairs and Tourism Minister in Riyadh for 26th Session of UNWTO General Assembly Says policy directions and strategies outlined in Riyadh Declaration consistent with Sri Lanka's own tourism and digital transformation priorities
1 min |
November 12, 2025
Daily FT
Standard Chartered CEO hails 'doable' Budget 2026
Bingumal Thewarathanthri says outlook 'cautiously optimistic' amid fiscal constraints and reform momentum
2 min |
November 12, 2025
Daily FT
DFCC Bank sustains growth momentum in 3Q
Posts Rs. 8.5 b core business PAT at Group level Bank achieves PAT of Rs. 13.3 b including disposal gain from Acuity Partners Group total assets up 20% to Rs. 853 b
6 min |
November 12, 2025
Daily FT
Fitch gives positive signal about Sri Lanka's 2026 Budget
With $ 347 m IMF tranche on hold, Fitch gives positive message about 2026 Budget Says Govt. demonstrates continued commitment to fiscal consolidation, reducing debt/GDP over medium term Fiscal deficit seen widening to 5.1% of GDP; primary surplus easing to 2.5% Medium term risks remain; warns revenue slowdown, underspending on investment could test fiscal goals High debt levels and post-2027 repayments remain key credit vulnerabilities
3 min |
November 12, 2025
Daily FT
SPAR Sri Lanka celebrates seven years with trip to Malaysia for 22 lucky winners
SPAR Supermarkets marked a significant milestone this year — seven successful years since beginning operations in the country.
1 min |
November 12, 2025
Daily FT
New Anthoney’s premium meat retail outlet Meatlery expands to Delkanda
NEW Anthoney’s Group has announced the opening of its newest retail outlet under the Anthoney’s Meatlery brand in Delkanda. This expansion marks another significant step in ts efforts to make high-quality, responsibly produced meat more accessible to consumers while elevating the overall retail experience in the sector.
1 min |
November 12, 2025
Daily FT
Allianz Lanka contributes on behalf of customers for every motor and travel policy purchased to support Sri Lanka's biodiversity in partnership with WNPS PLANT Initiative
ALLIANZ Insurance Lanka Limited announced its partnership with the Wildlife and Nature Protection Society of Sri Lanka (WNPS) to support the Preserving Land and Nature (PLANT) initiative, a science-based conservation program dedicated to building forest corridors, restoring ecosystems, promoting biodiversity, and enhancing climate resilience.
1 min |
November 12, 2025
Daily FT
Prof. Dickson inspires governance reform in Sri Lankan sports
THE National Olympic Council of Sri Lanka (NOCSL) successfully hosted a seminar on 'Strengthening Good Governance in Sri Lanka Sports Organisations' at Olympic House in Colombo recently with Prof. Geoffrey Dickson of La Teobe University, Melbourne, Australia.
1 min |
November 12, 2025
Daily FT
Ronaldo confirms 2026 World Cup will be his last
PORTUGAL striker Cristiano Ronaldo has confirmed the 2026 World Cup will be his last.
1 min |
November 12, 2025
Daily FT
Sinner sweeps past Auger-Aliassime at ATP Finals
JANNIK Sinner began his ATP Finals title defence by sweeping aside a physically hampered Felix Auger-Aliassime in front of a passionate Turin crowd.
1 min |
November 12, 2025
Daily FT
SLABA says 2026 Budget evens playing field for Sri Lankan fashion brands
THE Sri Lanka Apparel Brands Association (SLABA), representing all leading Sri Lankan apparel and fashion brands, said it enthusiastically welcomes the Budget, which addresses the majority of the industry’s key requests to strengthen the domestic apparel ecosystem, particularly regarding VAT and SMEs.
1 min |
November 12, 2025
Daily FT
Secondary Bond market consolidates ahead of Rs. 77 b T-Bill auction
THE secondary Bond market yesterday overall saw yields consolidate at the lower levels established by the recent rally.
1 min |
November 12, 2025
Daily FT
Union Assurance strengthens industry leadership with multiple wins at SLIM NSA 2025
UNION Assurance has announced its outstanding performance at the Sri Lanka Institute of Marketing (SLIM) National Sales Awards (NSA) 2025, securing five prestigious awards across both the Agency and Partnership Distribution channels.
1 min |
November 12, 2025
Daily FT
CBL Foods International wins Global Performance Excellence Award – “Best in Class”
CBL Foods International Ltd., a subsidiary of CBL Group, has been recognised with the Global Performance Excellence Award (GPEA) 2025 — Best in Class, presented by the Asia Pacific Quality Organisation (APQO) at its 30th International Conference held in Beijing, China.
1 min |
November 12, 2025
Daily FT
2026 a growth Budget for Sri Lanka?
AFTER a remarkable recovery from a very deep crisis in 2022, Sri Lanka's recent Budget consolidates economic stablisation and introduces a few markers for further growth (e.g. on trade, digitalisation and the Port City), but more needs to be done to embed a growth strategy and transform its economy to avoid further IMF austerity programs.
5 min |
November 12, 2025
Daily FT
Norris wins Brazil GP to extend F1 championship lead over Piastri
MCLAREN'S Lando Norris won the Sao Paulo Grand Prix to surge 24 points clear in the Formula One championship on Sunday, while teammate and title rival Oscar Piastri finished fifth after being penalised for causing a collision.
1 min |
November 12, 2025
Daily FT
Green Cabin marks festive season with Colpetty revamp and annual cake mixing
Brand's refreshed look and festive celebration signals a bold new era
1 min |
November 12, 2025
Daily FT
NPP’s Budget is a beautiful mix of words like a children’s playbook - Marikkar
Claims it is a bland Budget with neither merits nor demerits Says prices of essential goods, electricity, water, school supplies, medicines, or bus fares have not been reduced in this Budget Adds that NPP is trying to show that they did all development in the country since independence Stresses that NPP Ministers and MPs lack knowledge on reality Objects Govt's decision to lower the VAT registration threshold from Rs. 60 m to Rs. 36 m annual turnover Claims the Govt. is oppressing people
2 min |
November 12, 2025
Daily FT
First Capital Holdings posts Rs. 3.43 b PAT in 1H
FIRST Capital Holdings PLC yesterday announced a stellar performance for the six months ended 30 September, recording a Profit after Tax of Rs. 3.43 billion, a substantial increase from Rs. 897 million in the corresponding period of the previous year.
2 min |
November 12, 2025
Daily FT
WCIC happy with SME, women entrepreneur focus in Budget 2026
THE Women’s Chamber of Industry and Commerce (WCIC) has described the 2026 Budget as a positive step for women-owned small and medium enterprises (SMEs), citing its focus on SME growth and specific allocations for women entrepreneurs.
1 min |
November 12, 2025
Daily FT
Ambeon Group reports robust 2Q performance with sustained profit growth
Ambeon Capital PLC, the investment holding company of the Ambeon Group, reports PAT of Rs. 3.82 b in 2Q Year-to-date PAT stood at Rs. 4.55 b, compared to Rs. 123 m a year ago Ambeon Holdings PLC, the principal operating subsidiary, records PAT of Rs. 3.22 b for 2Q
2 min |
November 12, 2025
Daily FT
2026 Budget: Well balanced between economic growth and development
The shift to fully digital Government payments is pivotal, reinforced by eliminating fees for QR transactions below Rs. 5,000 to drive mass adoption. The commitment to issuing Digital ID cards by March 2026 provides the crucial underlying technology for efficient, targeted service delivery and resource management.
1 min |
November 12, 2025
Daily FT
SDB bank continues journey of sustainable improvement
WITH over 28 years of existence in the development banking landscape, SDB bank continued to deliver sustainable financial performance during the third quarter of 2025, reflecting the bank’s sound fundamentals, disciplined balance sheet management, and continued focus on inclusive and purpose-driven banking.
2 min |
November 12, 2025
Daily FT
Discussion on 6Ps framework with Prof. Kotler and Denzil
PROF. Philip Kotler, widely regarded as the Father of Modern Marketing, has spent decades helping the world think beyond merely “selling more stuff.” From his early 4Ps (Product, Price, Place, Promotion) to the later 7Ps, he repeatedly refined the marketing toolkit to suit the realities of each era. Now, in a recent conversation with Sri Lankan veteran marketer Denzil Perera during his visit to Prof. Kotler in Illinois, Chicago, Kotler outlined a fresh, values-driven evolution of his thinking: a 6Ps framework.
4 min |
November 12, 2025
Daily FT
30th Annual General Meeting of Sri Lanka–Korea Business Council of The Ceylon Chamber of Commerce
THE Sri Lanka-Korea Business Council (SLKBC) of The Ceylon Chamber of Commerce held its 30th Annual General Meeting with Ambassador of the Republic of Korea to Sri Lanka Miyon Lee gracing the event as Chief Guest.
2 min |
November 12, 2025
Daily FT
Automobile Technologies drives innovation forward with exclusive GAC test drive experience
EV Company Automobile Technologies brought a wave of innovation and excitement to the heart of Colombo with an exclusive outdoor test drive event featuring the luxury electric vehicle brand GAC, held at the Nelum Pokuna premises recently.
1 min |