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Daily FT

National tea sales average up MoM, but dips YoY

THE national tea sales average in July 2025 increased to Rs. 1,127.60 ($ 3.74), marking a month-on-month (MoM) increase of Rs. 24.33 and $ 0.06 from June's average of Rs. 1,103.27 ($ 3.68).

1 min  |

August 08, 2025

Daily FT

Beneficial Ownership Law enacted with TISL’s amendments

TISL says its recommendations to Companies (Amendment) Act, No. 12 of 2025 enhance transparency and public accountability Calls on Govt. and Registrar of Companies to ensure effective and meaningful implementation Asserts new law would enable effective detection and prevention of corruption, money laundering, financial flows; could also prevent conflicts of interest, tax evasion, potential money-laundering schemes and abuse of power

2 min  |

August 08, 2025

Daily FT

First game of SLC T20 league – hardly any food for thought for selectors

Bowlers hold sway in low scoring contest

2 min  |

August 08, 2025
Daily FT

Daily FT

COPA finds former Provincial Council Chief received Rs. 7.7 m above fuel allowance limit

Reveals Governor's Personal Secretary obtained fuel allowance when Governor was overseas COPA also calls for report on rent collection of Provincial Council land Discloses supplier provided 30-watt street lamps claiming to be 90-watt street lamps

2 min  |

August 08, 2025

Daily FT

Why Sri Lanka should be ready for “B-READY”

IN 2024, the global approach to measuring business climate saw a major transformation. The World Bank Group introduced the Business Ready (B-READY) Index, its new flagship report aimed at assessing the business and investment environment across countries.

5 min  |

August 08, 2025

Daily FT

Unseen Expressions: night of music, drama and dance

THE School for the Blind, Ratmalana will present “Ape Dekma — Unseen Expressions: a night of music, theatre, and dance” on 15 August, at 7 p.m. at the Methodist College Auditorium.

1 min  |

August 08, 2025
Daily FT

Daily FT

Need for clear official document to public on new educational reforms

A controversial debate is currently underway about a serious reform that is going to be implemented in the school education system in Sri Lanka.

4 min  |

August 08, 2025

Daily FT

Mercedes Trophy Golf tees off tomorrow

THE much looked forward Mercedes Trophy Golf 2025 will tee on 9 August at the Royal Colombo Golf Club (RCGC).

1 min  |

August 08, 2025
Daily FT

Daily FT

SDF and partners launch regional AquaLivelihood Project to empower small-scale fish farmers and bolster nutrition security in South Asia

THE SAARC Development Fund (SDF), in partnership with leading national institutions and technical government agencies of the five SAARC member countries, officially launched the AquaLivelihood Project in Colombo, Sri Lanka.

3 min  |

August 08, 2025
Daily FT

Daily FT

'Unsilenced': Neelan Tiruchelvam revisited

THE life, and violent death. of Neelan Tiruchelvam is the subject of a new documentary by young Canadian Tamil director Pitasanna Shanmugathas. Its title is apt.

4 min  |

August 08, 2025

Daily FT

Over thousand visitors access ‘Know Your Neethi’ Legal Aid and Awareness Camp in Badulla

THE ‘Know Your Neethi’ Legal Aid and Awareness Camp held on 1-2 August 2025 at the Badulla Cricket Stadium, successfully brought together over a thousand community members for two days of legal education, support, and empowerment.

3 min  |

August 08, 2025

Daily FT

South Africa 'fear' nothing as Australia seek WTC revenge

SOUTH Africa’s leading paceman Kagiso Rabada says it is time to move on from the euphoria of beating Australia in the World Test Championship final, but insists the side have “nothing to fear” now following their belated major trophy success.

1 min  |

August 08, 2025
Daily FT

Daily FT

Locals dominate as Sri Lanka Junior International Series 2025 reach final

SRI Lanka will stand the chance of securing their highest-ever medals tally at a BWF event, as the Sri Lanka Junior International Series 2025 approaches its final day at the New Saniro Sports Complex in Naiwala, Gampaha today (Friday).

1 min  |

August 08, 2025

Daily FT

Pakistan High Commission Colombo observes Kashmir Youm-e-Istehsal Day

THE Pakistan High Commission, friends of Pakistan, diplomatic community and Pakistani diaspora jointly commemorated Kashmir Youm-e-Istehsal day. Six years have passed since 5 August 2019 when India took unilateral and illegal actions aimed at altering the internationally recognised disputed status of IIOJK and changing the demographic structure of the occupied territory.

1 min  |

August 08, 2025

Daily FT

Wake-up call on human elephant conflict and animal cruelty

IT’S indeed heartbreaking to learn the plight of wild elephants in Sri Lanka and the extent of horror and cruelty unleashed upon them that continue to go unabated over the years. The spate of recent coldblooded, indiscriminate and brutal killing of elephants has set off alarm bells in the highest echelon of the NPP Government with a clarion call to investigate such dastardly acts and bring perpetrators to book.

5 min  |

August 08, 2025

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