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Daily FT

Daily FT

LOLC Al-Falaah Takaful Life and General win four awards at 10th IFFSA Awards

LOLC Al-Falaah Takaful Life and LOLC Al-Falaah Takaful General have been honoured with four distinguished awards at the 10th Islamic Finance Forum of South Asia (IFFSA) Awards 2025, in recognition of their outstanding contributions to Shariah-compliant takaful solutions during 2024.

1 min  |

October 16, 2025
Daily FT

Daily FT

Promise and peril of relativism: Respecting perspectives without excusing injustice

MY article titled \"Genocide, incitement to genocide and impunity\", in this column, on Friday, 26 September 2025 (https://www.ft.lk/opinion/Genocide-incitement-to-genocide-and-impunity/14-782203), generated many likeminded comments from local and overseas readers, given it was not driven by any bias towards or prejudice against any side or written from the perspective of only one side.

9 min  |

October 16, 2025

Daily FT

DFCC Bank and Prime EV Automobiles partner to expand access to next-generation mobility in Sri Lanka

DFCC Bank has announced a strategic partnership with Prime EV Automobiles, a member of the SENOK Group, to make premium electric and hybrid vehicles more accessible to Sri Lankan customers through tailored financial solutions.

1 min  |

October 16, 2025
Daily FT

Daily FT

India set to host 2030 centenary Commonwealth Games

BBC - India is set to host the centenary Commonwealth Games in 2030 - the second time in 20 years that the event will have been held in the world's most populous nation.

1 min  |

October 16, 2025

Daily FT

Colombo Declaration unites South-East Asia for healthy ageing

UNITING around the goal of promoting healthy ageing, Health Ministers of member states of the World Health Organisation (WHO) South East Asia Region adopted the Colombo Declaration on Tuesday.

2 min  |

October 16, 2025

Daily FT

Kandy players dominate Sri Lanka squad for Asia Rugby Emirates Sevens in Colombo

SRI Lanka’s national rugby sevens outfit will feature a distinctly Kandy-dominated lineup when they take the field at the Asia Rugby Emirates Sevens Series second leg in Colombo on 18 and 19 October. With eight players hailing from Kandy SC, the team’s composition clearly reflects the club’s unmatched contribution to Sri Lankan rugby.

1 min  |

October 16, 2025
Daily FT

Daily FT

Home Lands EXPO 2025 spotlights property investment opportunities

HOME Lands Group successfully concluded the Home Lands EXPO 2025 - Property Investment Forum & Exhibition, the first-ever property investment expo organised by a single developer in Sri Lanka, held on Saturday, 11 October, at the Grand Ballroom, Hilton Colombo.

1 min  |

October 16, 2025
Daily FT

Daily FT

Chanaka takes lead after Day 2

CHANAKA Perera stormed into the lead after Day 2 at the National Ranking Golf Tournament 2025, being played at the Victoria Golf Resort in Rajawella.

1 min  |

October 16, 2025

Daily FT

Anti-drug operations and citizen rights

Police Spokesman Assistant Superintendent of Police (ASP) F.U. Wootler disclosed this week that over 5.6 million people have been searched between January and September 2025 as part of a nationwide operation to detect illegal drugs and weapons.

2 min  |

October 16, 2025
Daily FT

Daily FT

MAS Holdings champions ethical innovation in apparel amid global challenges

Global warming and the moral imperative in fashion

3 min  |

October 16, 2025
Daily FT

Daily FT

India’s Guru Kashi University and Oxford Chester Uni of Higher Education Sri Lanka strengthen academic ties

GURU Kashi University and Oxford Chester Uni of Higher Education, Sri Lanka, have announced a strategic partnership that will revolutionise academic collaboration, research, and student exchange between India and Sri Lanka.

1 min  |

October 16, 2025

Daily FT

IRCSL expands insurance awareness to Northern Province

Key initiative in Jaffna and Kilinochchi under \"Insurance for All: For a Secure Future

2 min  |

October 16, 2025

Daily FT

Sri Lanka's ANKH launches to connect global brands with South Asian markets

Luxury experiential brands eye a $ 15.8 b market $ 142.5 b opportunity in conscious luxury Early learning market expected to grow to $ 11 b by 2030

2 min  |

October 16, 2025
Daily FT

Daily FT

Expolanka Leisure secures dual triumph at World Travel Awards 2025

EXPOLANKA Leisure has become one of the first Sri Lankan companies to secure top honours in both Inbound and Outbound Travel categories at the World Travel Awards 2025.

1 min  |

October 15, 2025
Daily FT

Daily FT

AI-CRM leader Salesforce kicks off Dreamforce 2025

Three-day event in San Francisco to unveil latest ground-breaking innovation, bold ideas, visionary inspiration for digital transformation

2 min  |

October 15, 2025
Daily FT

Daily FT

Dilmah strengthens Sri Lanka's water and ocean stewardship

Dilmah invited to be Patron of UN Global Compact Network Sri Lanka's Water And Ocean Stewardship Working Group

5 min  |

October 15, 2025

Daily FT

Rs. 1.45 b project to upgrade Kolonnawa fuel filling facilities

CABINET Spokesman and Minister Dr. Nalinda Jayatissa yesterday said the Cabinet has approved a proposal by the Power and Energy Minister to begin procurement for a Rs. 1.45 billion project to modernise fuel filling facilities at Zone 7 of the Kolonnawa Terminal operated by Ceylon Petroleum Storage Terminals Ltd., (CPSTL).

1 min  |

October 15, 2025

Daily FT

Cabinet approves sale of foreign currency Bonds in local market

THE Cabinet has approved the issuance of foreign currency-denominated Bonds to the domestic market, Cabinet Spokesman and Minister Dr. Nalinda Jayatissa said yesterday.

1 min  |

October 15, 2025
Daily FT

Daily FT

Rakbo and Margo win at Access October Monthly Medal

THE Access October Monthly Medal 2025 saw Rakbo Perera accounting the overall Men’s win a scintillating round of 59 Nett, capturing both the Overall title and the Division C Nett and Gross (59 Nett, 83 Gross) crowns at the Royal Colombo Golf Club (RCGC) which attracted more than 280 golfers.

1 min  |

October 15, 2025

Daily FT

Migrant remittances rise to $ 695.7 m in Sept.

SLBFE states it is $ 140.1 m YoY increase Notes $ 5.8 b total remittances during first nine months of 2025 Expects migrant remittances to surpass $ 7 b by end of 2025

1 min  |

October 15, 2025

Daily FT

PUCSL says no electricity tariff hike for rest of 2025

CEB estimates Rs. 21 b loss in Q4 However, PUCSL directs CEB to part-use Rs. 23 b profits for this year to offset loss Asks CEB, LECO to account for 2024 Rs. 60.5 b revenue surplus

2 min  |

October 15, 2025

Daily FT

Nearly 70% gambling activity online, dodging taxes CoPF finds

THE Parliament Secretariat yesterday said that around 60-70% of Sri Lanka's casino-related activity now occurs through online platforms, while the State earns no tax revenue from these operations, according to findings presented to the Committee on Public Finance (CoPF).

1 min  |

October 15, 2025

Daily FT

Cabinet nod for Rs. 1.3 b Excise Department revenue system

THE Cabinet of Ministers on Monday approved the award of a Rs. 1.3 billion contract for the design, development, implementation, and maintenance of a new revenue administration system for the Excise Department, Cabinet Spokesman and Health Minister Dr. Nalinda Jayatissa said yesterday.

1 min  |

October 15, 2025
Daily FT

Daily FT

Empowering next generation: McLarens Group champions Girls on Track 2025

IN a powerful celebration of leadership, courage, and empowerment, the Girls on Track inter-school competition, organised by the Student Council of Prospects College of Higher Education (PCHE), was held recently at the Nawam Mawatha public carpark from 7:30 a.m. to 2:30 p.m.

1 min  |

October 15, 2025
Daily FT

Daily FT

CBSL absorbs $ 1.24 b from domestic market YTD Aug.

CBSL intervention in domestic forex market leads to net forex absorption in first eight months of 2025 USD/LKR bid-ask spread narrows, reflecting improved liquidity and market efficiency Interbank forex transactions rise, with forward volumes up 22% YoY

2 min  |

October 15, 2025

Daily FT

Open note to President Disanayake

MONDAY is the Public Day at all Government offices. Yesterday I visited the Education Ministry to meet with no less than four top officials.

1 min  |

October 15, 2025
Daily FT

Daily FT

Sri Lanka's Robotic Governance Council: Politician of the future

Sri Lanka's Robotic Governance Council embarks on historic mission to build the politician of the future

3 min  |

October 15, 2025
Daily FT

Daily FT

Govt. to launch ‘Ratama Ekata’ national anti-drug operation

THE Cabinet of Ministers on Monday approved the establishment of a National Operational Council to implement 'Ratama Ekata National Operation' - a rapid-response program aimed at eradicating drug abuse and strengthening rehabilitation efforts through public participation, Cabinet Spokesman and Health Minister Dr. Nalinda Jayatissa said yesterday.

1 min  |

October 15, 2025

Daily FT

CSE market cap tops Rs. 8 t as real returns surge 65% – CBSL

THE Colombo Stock Exchange (CSE) crossed a major milestone yesterday as total market capitalisation exceeded Rs. 8 trillion for the first time, marking a 40.48% gain so far this year.

1 min  |

October 15, 2025

Daily FT

Police seize Rs. 3.9 b in organised crime assets since 2021

SRI Lanka Police have confiscated assets valued at Rs. 3,902 million from organ-ised crime figures between 2021 and 2024, Police Media Spokesperson Assistant Superintendent of Police (ASP) F.U.K. Wootler said yesterday.

1 min  |

October 15, 2025