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Daily FT

SLT-Mobitel extends decade-long ICT partnership with Sri Dalada Maligawa

PRESERVING Sri Lanka’s cultural heritage and advancing digital transformation, SLT-Mobitel, the National ICT solutions provider, has extended its partnership with the Kandy Sri Dalada Maligawa, as the official ICT Service Provider for the 10th consecutive year.

1 min  |

August 08, 2025
Daily FT

Daily FT

Nations Trust WNPS lecture on care and release of orphaned elephants

THE next Nations Trust WNPS monthly lecture series will host Elephant Transit Home, Udawalawe Head Veterinarian Dr. Malaka Abeywardana on 14 August at 6 p.m. at the Jasmine Hall, BMICH.

2 min  |

August 08, 2025
Daily FT

Daily FT

Vanishing giants: Why Sri Lanka must protect its last wild tuskers — before it's too late

SRI Lanka's last wild tuskers — majestic, rare, and silently disappearing — are on the brink of vanishing forever.

7 min  |

August 08, 2025

Daily FT

Driving growth in tourism: Bold strategic direction needed

SRI Lanka — a tropical island of beauty and diversity — has all the necessary attributes to become a prominent tourism destination in Asia.

2 min  |

August 08, 2025

Daily FT

Fonterra Brands Lanka pioneers first National Competency Standard for dairy industry machine operators

FONTERRA Brands Lanka, in collaboration with the Tertiary and Vocational Education Commission (TVEC), the National Apprentice and Industrial Training Authority (NAITA), the Department of Labour and eight other dairy industry peers, introduced Sri Lanka’s first National Competency Standard tailored for dairy machine operators.

2 min  |

August 08, 2025

Daily FT

Daraz Sri Lanka accelerates savings with the 8.8 Brand Prix Sale

DARAZ Sri Lanka is launching its 8.8 Brand Prix Sale this month, a week-long shopping festival, \"packed with unbeatable discounts, massive voucher giveaways, and exclusive brand deals. Running from 8 to 15 August, this sale promises to be one of the most exciting events of the year for value-driven Sri Lankan consumers,\" the company said.

2 min  |

August 08, 2025

Daily FT

President AKD...

He explained that the tariff was based on the US formula of applying duties equal to half the bilateral trade deficit, in this case, 88%. “This was not a failure of our Government,” he said, “but a result of the mechanism the US uses in applying such tariffs.”

3 min  |

August 08, 2025

Daily FT

CBSL slaps Rs. 6.5 m fine on one bank, two casinos for AML/CFT non-compliance

THE Central Bank of Sri Lanka (CBSL) said yesterday it has slapped a Rs. 6.5 million combined fine on one bank and two casinos for noncompliance of the provisions of the Financial Transactions Reporting Act (FTRA).

3 min  |

August 07, 2025

Daily FT

Hemas kicks off FY26 with resilient performance in 1Q

HEMAS Holdings PLC yesterday said it sustained a positive trajectory in the first quarter of FY2026 from the previous year, achieving a cumulative revenue of Rs. 28.5 billion, delivering a resilient performance.

3 min  |

August 07, 2025

Daily FT

CBSL buys $ 1 b from domestic market

Move boosts reserves, liquidity and private sector credit

3 min  |

August 07, 2025

Daily FT

Sri Lanka Electricity (Amendment) Bill passed in Parliament

THE Third Reading of the Sri Lanka Electricity (Amendment) Bill was passed in Parliament yesterday, with amendments by a majority of 96 votes.

1 min  |

August 07, 2025

Daily FT

BOC announces Acting GM/CEO

THE Bank of Ceylon (BOC) yesterday announced the appointment of Y.A. Jayathilaka as the Acting General Manager (GM)/CEO with the conclusion of the service period of W.P.R.P.H. Fonseka, who held the post until 5 August 2025, as per the terms and conditions of his service contract.

1 min  |

August 07, 2025

Daily FT

Hayleys enters into 'mobility' in deal with China's Chery Automobile

Launches OMODA and JAECOO EVs and Hybrids as first wave of models

2 min  |

August 07, 2025

Daily FT

CIC goes for share subdivision

CIC Holdings PLC yesterday announced plans to subdivide its voting and nonvoting shares on the basis of 1:5.

1 min  |

August 07, 2025

Daily FT

On-arrival licences drive shift to selftravel, pushing tourism industry to adapt

THE Government's move to issue on-arrival driving licences to tourists is off to a brisk start, with over 120 permits granted in the first three days, whilst pushing the tourism industry to adapt to changing visitor preferences.

2 min  |

August 07, 2025

Daily FT

GPW Government FOR ALL Regional Conference to spotlight 'Culture Capital' as new business imperative

THE Great Place To Work (GPW) Government FOR ALL Regional Conference 2025 is set to return this September at Hilton Colombo, uniting local and regional thought leaders and workplace culture champions under the theme “Culture Capital: Trust | People| Performance.”

2 min  |

August 07, 2025
Daily FT

Daily FT

ESOFT establishes ESU Colombo in Sri Lanka’s commercial capital

ESOFT Uni (ESU) has enhanced its focus on the Colombo region with the official launch of ESU Colombo, building on its island-wide academic presence and reinforcing ESOFT’s vision to deliver world-class education to students in Sri Lanka’s commercial capital.

1 min  |

August 07, 2025
Daily FT

Daily FT

SLIIT among world’s Top 20 Architecture Schools - ranked No. 1 in Sri Lanka

THE Sri Lanka Institute of Information Technology (SLIIT) has marked a proud and historic moment by being ranked among the Top 20 Architecture Schools in the world and securing the No. 1 position in Sri Lanka in the latest INSPIRELI World Architecture University Ranking.

2 min  |

August 07, 2025

Daily FT

INSEE Cement and SLINTEC forge partnership for sustainable construction innovation

INSEE Cement, Sri Lanka's number one cement company with flagship brands INSEE Sanstha and Mahaveli Marine Plus representing over 55 years of trust, in a strategic move, has partnered the Sri Lanka Institute of Nanotechnology (SLINTEC), the nation's premier research institution in advanced technologies, to launch a collaborative research program focused on driving innovation and sustainability in Sri Lanka's construction sector.

1 min  |

August 07, 2025

Daily FT

GAC and Colombo Kickerz bring Juventus expertise to Sri Lanka

GAC is helping raise grassroots sports in Sri Lanka, in partnership with the Colombo Kickerz Football Academy. Together, they gave budding footballers the chance to train under the guidance of top Italian coaches by bringing the Juventus Football Training Camp to town.

1 min  |

August 07, 2025

Daily FT

Celebrating Inclusive Growth and Cultural Diversity at Independence Arcade

WINGS: Flight Begins Here brought together a vibrant two-day celebration of inclusive entrepreneurship, pluralism, and community resilience on the 1st and 2nd of August at the Independence Arcade, Colombo.

3 min  |

August 07, 2025

Daily FT

SLIIT offers over Rs. 1 b in student financial support

FOR over 25 years, SLIIT has remained committed to empowering Sri Lankan youth by providing transformative educational opportunities.

3 min  |

August 07, 2025

Daily FT

Commercial Bank and Sathosa Motors drive forward with Isuzu leasing partnership

COMMERCIAL Bank of Ceylon and Sathosa Motors PLC have entered into a partnership to introduce a nationwide promotion aimed at making Isuzu trucks and cabs more accessible to a broader customer base through attractive leasing terms and exclusive vehicle offers.

1 min  |

August 07, 2025

Daily FT

Finlays-StrEdge collaboration nurtures future-ready leaders

STREDGE Advisory, the business consultancy arm of StrEdge Group of Companies, recently concluded a ten-month leadership development program for Finlays Colombo Ltd.

2 min  |

August 07, 2025

Daily FT

Union Assurance launches industry-first Adviser Welfare Scheme

UNION Assurance, has launched the Adviser Welfare Scheme —a pioneering initiative designed to empower and support its adviser network and their families throughout their unique journeys of progress.

1 min  |

August 07, 2025
Daily FT

Daily FT

HNB Assurance Ranked Among Sri Lanka's Top 40 Best Workplaces by Great Place to Work

HNB Assurance PLC has been recognized by Great Place to Work Sri Lanka as one of the Top 40 Best Workplaces in the country and was also proudly placed 09th among large-scale organizations.

2 min  |

August 07, 2025

Daily FT

Cambridge reaches 1,000 schools in South Asia, driving innovation and excellence in education

® Strengthens presence in Lanka, reflecting a strong shift towards international curricula

2 min  |

August 07, 2025

Daily FT

Rule of law in taxation: Rights before revenue - Part 1

TWO important pillars are essential for a fair and transparent tax system. They are: a well-informed public and an accountable tax authority. A weakness or strength of either pillar determines the level of the integrity of the entire system. The strength creates a conducive environment where mutual respect among tax payers and officials, increased tax compliance and friendly culture prevail. The weakness leads to mutual mistrust, increased tax evasion and avoidance and ultimately a deterioration in the quality of national life—not only economically, but socially and culturally as well.

6 min  |

August 07, 2025
Daily FT

Daily FT

Cinnamon Lakeside Colombo unveils Swastha Serene Spa

CINNAMON Lakeside Colombo has announced the opening of Swastha Serene Spa, a purpose-designed wellness retreat that introduces a new standard of holistic care in the heart of Sri Lanka’s capital.

1 min  |

August 07, 2025
Daily FT

Daily FT

3 Gold Awards for Barista at the National Business Excellence Awards 2025

Barista Sri Lanka has secured three Gold Awards at the National Business Excellence Awards 2025, hosted by the National Chamber of Commerce of Sri Lanka; a resounding recognition of the company's financial discipline, strategic clarity, and market leadership in a volatile economic landscape.

1 min  |

August 07, 2025