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Daily FT

Daily FT

Jaishankar meets Sajith, stresses transparency in Indian disaster aid

INDIAN External Affairs Minister Dr. S. Jaishankar met Opposition Leader Sajith Premadasa yesterday, and emphasised the importance of ensuring transparency in the utilisation of Indian assistance extended for disaster relief.

1 min  |

December 24, 2025
Daily FT

Daily FT

Sampath Bank partners Toyota Lanka to make vehicle ownership more rewarding

SAMPATH Bank PLC has announced the signing of a Memorandum of Understanding (MoU) with Toyota Lanka Ltd., recently at the Toyota Lanka Head Office, marking a strategic collaboration aimed at providing enhanced financial and value-added benefits to customers purchasing Toyota vehicles across Sri Lanka.

1 min  |

December 24, 2025
Daily FT

Daily FT

India pledges $ 450 m reconstruction package for Sri Lanka after Cyclone Ditwah

INDIA has committed a comprehensive reconstruction assistance package worth $ 450 million to support Sri Lanka's recovery from the devastation caused by Cyclone Ditwah, reaffirming its role as the country's first responder and closest regional partner:

3 min  |

December 24, 2025
Daily FT

Daily FT

ComBank's Ditwah recovery support crosses Rs. 125 m

AS part of a series of relief measures under its 'Rebuild Together' theme, demonstrating its commitment to standing with Sri Lanka when it matters the most, the Commercial Bank of Ceylon announced a total commitment exceeding Rs. 125 million towards recovery efforts following Cyclone Ditwah, including a donation of Rs. 110 million to the Rebuilding Sri Lanka Fund, to help the country recover from the impacts of Cyclone Ditwah.

1 min  |

December 24, 2025

Daily FT

Sri Lanka Embassy in Riyadh hosts 'Sri Lanka is Ready' tourism revival briefing

THE Embassy of Sri Lanka in Riyadh hosted a special briefing session on the revival of Sri Lanka tourism industry, titled, 'Sri Lanka is Ready' for the leading travel agents, tour operators and airlines in the Kingdom of Saudi Arabia to brief the current status of Sri Lanka's tourism sector in the aftermath of Cyclone Ditwah.

1 min  |

December 24, 2025
Daily FT

Daily FT

ComBank partners Overseas Realty to offer exclusive home loan packages for Mireka Seascape buyers

CONTINUING its role as Sri Lanka’s market leader in home loans and a bank that understands customers’ aspirations of homeownership, Commercial Bank of Ceylon has signed a Memorandum of Understanding (MoU) with Overseas Realty (Ceylon) PLC, to provide tailor-made home loan facilities for buyers of condominium units at Mireka Seascape, the company’s latest development.

1 min  |

December 24, 2025

Daily FT

Cabinet approves new investment drive for prime land in Fort Colombo

THE Cabinet of Ministers on Monday approved a proposal to invite fresh investment proposals for a prime land parcel in Fort Colombo, aiming to facilitate a mixed-use development project.

1 min  |

December 24, 2025

Daily FT

Ditwah economic risk at $ 16 b, or 16% of GDP - ILO

ILO assessment finds Ditwah hits 374,000 workers; income losses at $ 48 m a month Estimates that agriculture and fisheries sectors were severely hit Up to 23% of rice-cultivating land affected by floods, tea output losses as high as 35% Recommends emergency cash assistance and employment- intensive early recovery activities Recovery initiatives must combine with specific sectoral support and assistance to MSMEs

2 min  |

December 24, 2025

Daily FT

364-day Bill weighted average increases by 16bps to 8.19%

THE 364-day Bill weighted average rate at yesterday's Treasury Bill auction increased by 16 basis points (bps) to 8.19% while the 91-day and 182-day maturities increased by 4bps each to 7.55% and 7.95% respectively.

2 min  |

December 24, 2025
Daily FT

Daily FT

Indian FM Jaishankar calls on PM Harini

VISITING Indian External Affairs Minister Dr. S. Jaishankar yesterday met Prime Minister Harini Amarasuriya at Temple Trees in Colombo.

1 min  |

December 24, 2025

Daily FT

SriLankan Airlines launches post-Cyclone Ditwah destination recovery campaign

Airlines has launched a one-month international destination promotion campaign on 16 December 2025, aimed at restoring global confidence in Sri Lanka following Cyclone Ditwah and reaffirming the country’s readiness to welcome travellers.

2 min  |

December 24, 2025
Daily FT

Daily FT

Saudi Arabia witnesses rare snowfall for first time in 30 years

SNOW has blanketed several regions across Saudi Arabia for the first time in 30 years, transforming the desert-framed mountains into asstriking winter wonderland as inclement weather made its presence felt.

1 min  |

December 24, 2025
Daily FT

Daily FT

13,000 containers remain congested across all terminals at Colombo port

OVER 13,000 containers remain congested at the Colombo port a top level meeting on the crisis was told yesterday.

1 min  |

December 24, 2025
Daily FT

Daily FT

England will investigate reports of Ashes drinking

BBC: England will investigate reports of players drinking excessively during a break from the Ashes series in the beach town of Noosa.

1 min  |

December 24, 2025
Daily FT

Daily FT

India go 2-up as Sri Lanka succumb to another defeat

INDIA went 2-0 up in the three-match women’s T20I series against Sri Lanka when they won the second game by seven wickets at Visakhapatnam yesterday.

2 min  |

December 24, 2025

Daily FT

Access Engineering gets contract for 615-unit housing project in Kirulapone

THE Cabinet of Ministers on Monday approved the proposal presented by Transport, Highways and Urban Development Minister Anura Karunathilake on the recommendation of the Cabinet appointed standing procurement committee to award Access Engineering PLC the contract to build 615 housing units at Colombage Mawatha, Kirulapone, which had been stalled.

1 min  |

December 24, 2025

Daily FT

Lanka's construction services business delegation builds up trade ties in Mumbai

MARKING the first-ever focused initiative to promote Sri Lanka's construction services in the Indian market, a sector-specific business delegation visited Mumbai from 25-28 November 2025.

1 min  |

December 24, 2025

Daily FT

Chinese Dragon Café opens flagship outlet in Galle

CHINESE Dragon Café (CDC), one of Sri Lanka's most recognisable names in Chinese cuisine, continuing its legacy as a pioneer in Chinese cusine and opened its latest outlet in Galle, marking a new chapter in the restaurant's longstanding presence across the island.

1 min  |

December 24, 2025
Daily FT

Daily FT

BYD Sealion06 clinches top spot in German plug-in hybrid sales for November

@ Accelerates BYD's Global Expansion

2 min  |

December 24, 2025
Daily FT

Daily FT

Digital Marketing Association of Sri Lanka (DMASL) reviews performance and unveils strategic roadmap for 2026

THE Digital Marketing Association of Sri Lanka (DMASL) has reviewed its annual performance and has unveiled its Strategic Roadmap for 2026 following its Annual General Meeting (AGM) 2025, held on 10 December 2025 at the Radisson Hotel, Colombo.

2 min  |

December 24, 2025

Daily FT

Fitch says Asia Pacific corporate sector outlooks broadly resilient for 2026

FITCH Ratings has assigned a ‘neutral’ sector outlook for APAC corporates in 2026, reflecting its expectation that credit metrics will improve mildly across our portfolio of rated entities, with key credit drivers remaining generally stable in most sectors and markets.

1 min  |

December 24, 2025
Daily FT

Daily FT

Avenra Hotels turns up festive spirit with annual cake mixing

AVENRA

1 min  |

December 24, 2025

Daily FT

Tariff reforms to ease bait fish imports for deep-sea fishing industry

THE Cabinet of Ministers on Monday approved a set of targeted trade and tariff reforms aimed at addressing the critical shortage of bait fish required by the deep-sea fishing fleet, while safeguarding the interests of local fishing communities.

1 min  |

December 24, 2025
Daily FT

Daily FT

India will stand shoulder-to-shoulder with Lanka: Modi

Special Letter to President AKD from Indian PM

1 min  |

December 24, 2025

Daily FT

Opposition claims CMC control after Budget defeat

Mayor urges councillors to examine conscience, pledges to continue work despite setback

1 min  |

December 24, 2025
Daily FT

Daily FT

Mcllroy wins BBC Sports Personality of the Year 2025

GOLFER Rory Mcllroy has been voted BBC Sports Personality of the Year 2025 after clinching the career Grand Slam and playing a key role in Europe’s Ryder Cup win.

1 min  |

December 24, 2025
Daily FT

Daily FT

Cinnamon Life rings in 2026 with night to remember

AS 2025 draws to a close, Cinnamon Life at City of Dreams prepares to welcome the New Year by transforming into one of Colombo’s most vibrant destinations for dining, music, and celebration.

2 min  |

December 24, 2025

Daily FT

Govt. releases Rs. 106.2 m first-phase relief for Ditwah-hit industries

THE Government has commenced the first phase of relief assistance to industries affected by Cyclone Ditwah, with the Ministry of Industry and Entrepreneurship Development initiating a recovery program to restore industrial activity disrupted by the severe weather conditions and nationwide impact of the disaster.

1 min  |

December 24, 2025
Daily FT

Daily FT

India's generosity in Ditwah's wake; a partnership of reliability

INDIAN External Affairs Minister Dr. S. Jaishankar visited Sri Lanka on 22 Dec. Arriving on the island in Ditwah's wake and as the personal envoy of Prime Minister Modi, his visit is more than a diplomatic formality.

1 min  |

December 24, 2025
Daily FT

Daily FT

China offers support, expertise for “Rebuilding Sri Lanka” program

Communist Party of China visits Sri Lanka, meets President Dissanayake

1 min  |

December 24, 2025

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