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A nation overwhelmed – but not powerless

Daily FT

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December 22, 2025

SRI Lanka is living through one of the most devastating flood disasters in its recent history, with torrential rains from Cyclone Ditwah triggering landslides, river overflows and widespread inundation across all 25 districts.

- By Siraj Perera

A nation overwhelmed – but not powerless

A resilient nation is not one that avoids shocks, but one that anticipates them, absorbs their impacts, recovers quickly and adapts to emerging risks over time

By mid-December, official figures from the Disaster Management Centre indicated 640 deaths and 211 missing as assessments still continue.More than 2 million people have been affected, with hundreds of thousands displaced and tens of thousands of homes destroyed or damaged, from the central highlands to the densely populated urban districts around Colombo and Gampaha. For many Sri Lankans, the scale of this catastrophe feels "not known in living memory", yet it is not entirely unforeseen. A warming climate, rapid urbanisation, settlement in landslide prone hillsides and chronic under investment in resilient infrastructure have been tightening the screws on risk for years, even as earlier floods and landslides repeatedly exposed the same vulnerabilities.

The science is clear: a warmer atmosphere holds more moisture, roughly 7% more for every 1 degree Celsius of warming, increasing the likelihood of intense downpours and extreme rainfall events. Global and regional studies confirm that this moisture loading is already amplifying heavy rainfall and flood risk, especially in densely populated tropical regions like Sri Lanka.

But while climate change is a powerful risk multiplier, it does not predetermine exactly where each additional millimetre of rain will fall or which slopes will fail. That uncertainty underscores a central policy challenge: governments cannot control where the next storm tracks, but they can control how exposed and vulnerable society is when it arrives, through land use planning, building codes, early warning systems and social protection.

PLUS D'HISTOIRES DE Daily FT

Daily FT

Daily FT

Marikkar tears into Rs. 500 b Supplementary Estimate

SAMAGI Jana Balawegaya (SJB) MP S.M. Marikkar yesterday tore into the Government's Rs. 500 billion Supplementary Estimate for post-Ditwah recovery in 2026.

time to read

1 min

December 19, 2025

Daily FT

SSC certainly mean business

SSC certainly means business the way they have launched their campaign to win the Tier B 3-day league and gain promotion next year to the Major Clubs 3-day league.

time to read

1 mins

December 19, 2025

Daily FT

Daily FT

HNB General Insurance wins Gold award in Insurance Sector at National Management Excellence Awards 2025

HNB General Insurance has been crowned the Gold Winner in the Insurance Sector at the National Management Excellence Awards (NMEA) 2025, organised by the Institute of Management of Sri Lanka (IMSL).

time to read

2 mins

December 19, 2025

Daily FT

Sampath Bank announces two-year Rs. 20 b capital raising program

SAMPATH Bank PLC has moved to strengthen its Basel III Tier Il regulatory capital through a proposed Rs. 20 billion listed debenture program, to be implemented in phases over the next two years.

time to read

1 min

December 19, 2025

Daily FT

Daily FT

Evolution Auto launches Riddara RD6 Active

Auto has officially announced the launch of the Riddara RD6 Active, the country's latest all-electric double-cab pickup, which was unveiled at the prestigious BMICH Motor Show.

time to read

2 mins

December 19, 2025

Daily FT

Daily FT

Tourism levy revenue rises as Govt. pushes unified nation brand and community-centred growth

Tourism Minister Vijitha Herath SRI Lanka's tourism sector is being steered towards a more integrated, communityfocused, and strategically branded future, with revenues from the Tourism Development Levy (TDL) continuing to rise and a renewed policy emphasis on positioning the country under a single national brand, Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath told Parliament.

time to read

3 mins

December 19, 2025

Daily FT

Daily FT

Colombo Shopping Festival 40th edition officially inaugurated

THE 40th edition of Colombo Shopping Festival was has inaugurated by, Aitken Spence Travels Managing Director Nalin Jayasundera with the participation of event partners and exhibitors.

time to read

1 min

December 19, 2025

Daily FT

Daily FT

HNB strengthens national response to Cyclone Ditwah with Rs. 100 m commitment

HNB PLC has contributed Rs. 100 million towards the Rebuilding Sri Lanka Fund, reinforcing its commitment to national recovery efforts following the devastation caused by Cyclone Ditwah.

time to read

1 min

December 19, 2025

Daily FT

Daily FT

Economist warns IMF RFI too costly for Sri Lanka

Verité Research Chief warns Sri Lanka poised to repeat past mistakes amid cyclone recovery funding push Argues IMF RFI financing effective rate exceeds 6% and time-based surcharges add further 2.75% after three years IMF Executive Board decides on $ 200 m RFI today

time to read

3 mins

December 19, 2025

Daily FT

Daily FT

Appeals Court clears Home LandsPentara project to proceed

Court refuses injunctions with costs, Home Lands continues with Rs. 30-35 b Pentara Residences construction Notes that Home Lands had obtained all necessary approvals from relevant authorities, and engaged in the construction process for several months Project is largest residential development investment, and Rs. 4.5 b land transaction highest in history of Colombo

time to read

3 mins

December 19, 2025

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