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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

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

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

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

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  |

November 12, 2025

Daily FT

Budget 2026: Continuing the trajectory of fiscal consolidation

THE 2026 Budget has been hailed for continuing the trajectory of fiscal consolidation and reforms. Compliance with the IMF-mandated revenue-based fiscal consolidation has been instrumental in restoring macroeconomic stability and normalcy from the depths of economic devastation experienced in 2022.

2 min  |

November 12, 2025

Daily FT

Man City crush Liverpool 3-0 to cut gap with Premier League leaders Arsenal

MANCHESTER City celebrated Pep Guardiola’s 1,000th game in management with a statement 3-0 win over Liverpool to close to within four points of Premier League leaders Arsenal.

1 min  |

November 12, 2025

Daily FT

Five Indian firms shortlisted for digital ID project

FIVE Indian technology companies, Infosys, Tata Consultancy Services, Protean e-Gov Technologies, RailTel Corporation, and Bharat Electronics, have been shortlisted to bid for Sri Lanka’s upcoming Unique Digital Identity (SL-UDI) project.

1 min  |

November 12, 2025
Daily FT

Daily FT

Browns' Exide and RoadX ignite track at Gunner Supercross 2025

POWERING one of Sri Lanka's most electrifying motorsport events of the year, Exide was the partner of the Gunner Supercross 2025.

1 min  |

November 12, 2025
Daily FT

Daily FT

Rai beats Fleetwood in play-off after final-round thriller

AARON Rai held off the challenge of Tommy Fleetwood in a playoff to win the Abu Dhabi Championship after a thrilling final round at the Yas Links.

1 min  |

November 12, 2025
Daily FT

Daily FT

Deepal Abeywickrema attends 25th National Sales Awards Grand Finale 2025 as Chief Guest

THE 25th National Sales Awards Grand Finale 2025 was honoured by the presence Chairman and Managing Director of a leading organisation Deepal Abeywickrema who attended the event as the Chief Guest.

1 min  |

November 12, 2025
Daily FT

Daily FT

Saman Doranegama appointed CEO of Namunukula Plantations

NAMUNUKULA Plantations PLC has appointed Saman Doranegama as its new Chief Executive Officer.

1 min  |

November 12, 2025
Daily FT

Daily FT

Blue Orbit: “Enter the Orbit: Curated culinary escape awaits”

BLUE Orbit by Citrus, located within the iconic Lotus Tower, warmly invites guests to “Enter the Orbit,” a refined culinary escape designed to engage the senses and create lasting memories.

1 min  |

November 12, 2025

Daily FT

AMW strengthens Southern presence with new Matara showroom opening

ASSOCIATED Motorways Ltd., (AMW) recently marked another milestone with the grand opening of its newest showroom in Matara. The opening ceremony took place on 4 November at No. 537, Anagarika Dharmapala Mawatha, Walgama, Matara.

1 min  |

November 12, 2025

Daily FT

Finagle Lanka launches annual sales and distributor competition

FINAGLE Lanka has launched its annual competition for the Sales Force and Distributor network to drive company targets while recognising and rewarding exceptional performance.

1 min  |

November 12, 2025

Daily FT

Sri Lanka lose first ODI to Pakistan by 6 runs

Salman Agha's century and Haris Rauf's spell decisive for Pakistan

2 min  |

November 12, 2025

Daily FT

Worldwide Week of Italian Cuisine returns to Colombo for 10th edition

Week-long celebration themed, 'Health, Culture and Innovation' kicks off on 15 November with celebrated Italian chefs, five-star hotels and top Italian restaurants Exclusive Italian-themed menus, masterclasses, and a special webinar on Italian pastry planned

1 min  |

November 12, 2025
Daily FT

Daily FT

Pakistan accuses India of orchestrating suicide bombing in Islamabad, 12 killed

PAKISTAN Prime Minister Shehbaz Sharif accused India of orchestrating the suicide bombing outside an Islamabad court that killed 12 people, as well as Monday’s

1 min  |

November 12, 2025

Daily FT

UNESCO adopts Sri Lanka-led resolution to observe International Day of Vesak annually

UNESCO has formally adopted a resolution proposed by Sri Lanka to commemorate the International Day of Vesak each year.

1 min  |

November 12, 2025

Daily FT

Sampath Bank and Ideal Motors partner to drive affordable vehicle ownership in Sri Lanka

SAMPATH Bank PLC recently signed a Memorandum of Understanding (MOU) with Ideal Motors Ltd., an authorised distributor of Mahindra vehicles in Sri Lanka. The partnership aims to offer customers enhanced vehicle financing solutions and exclusive benefits that make vehicle ownership more affordable and convenient.

1 min  |

November 12, 2025
Daily FT

Daily FT

SAGT Chief says clear policy direction, speed and fairness key to successful PPPs

Warns Sri Lanka cannot afford multiyear delays in decision-making if it wishes to remain competitive

2 min  |

November 11, 2025

Daily FT

Prime Minister pledges fair wages, social equity in tea industry

At InTSym100 marking centenary of Tea Research Institute of Sri Lanka, says Govt. targets 400 mnkg tea crop and $ 2.5 b export earnings by 2030, Notes industry sustains 2 m livelihoods and contributes 10% of agricultural exports

2 min  |

November 11, 2025

Daily FT

Galadari raises refurbishment investment to $ 48.5 m with new BOL pact

GALADARI Hotels (Lanka) PLC said it has entered into a supplementary agreement with the Board of Investment (BOI) of Sri Lanka to increase the value of its ongoing hotel refurbishment project in Colombo 1 from $33.5 million to $ 48.5 million.

1 min  |

November 11, 2025

Daily FT

ADB approves $ 100 m to strengthen Sri Lanka's fiscal resilience and transparency

Funding to improve public expenditure management and revenue mobilisation, To support key reforms such as PPPs, procurement, develop a comprehensive Fiscal Risk Statement, climate finance strategy, SDG budget tagging and gendersensitive Nationally Determined Contribution to address gender gaps

2 min  |

November 11, 2025
Daily FT

Daily FT

Asia-Pacific business leaders gather in Colombo for CACCI 39th Conference

Sri Lanka hosts CACCI annual summit for first time, drawing delegates from 28 member nations FCCISL President Keerthi Gunawardane calls for responsible entrepreneurship and pragmatic trade policy Says perfect opportunity to showcase Sri Lanka and build ties with region in the absence of strategic trade policy CACCI President Peter McMullin AM urges cross-border business cooperation as \"merchants of peace\" Sectoral sessions focus on SMEs, ICT, tourism, renewable energy, and sustainable regional growth

6 min  |

November 11, 2025

Daily FT

Treasury Secretary to keynote Daily FT-Colombo Uni. MBAA post-Budget Forum today

TREASURY Secretary Dr. Harshana Suriyapperuma will participate as the Chief Guest at the popular and high-profile post-Budget Forum organised by the Daily FT in partnership with the University of Colombo MBA Alumni Association and sponsored by Standard Chartered Bank today at 9 a.m. at ITC Ratnadipa, Colombo.

1 min  |

November 11, 2025
Daily FT

Daily FT

PM says age-appropriate sex education is to protect children from sexual abuse

Highlights significant rise in incidents of child sexual abuse and need to provide children with proper knowledge and awareness to safeguard themselves Assures sex education curriculum will be formed based on advice of experts Notes NCPA flags child sexual abuse as serious concern in country

1 min  |

November 11, 2025