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Daily FT

Daily FT

India raises Sri Lanka assistance to INR 4 b in 2026-27 Budget

Allocation increased from INR 3 b in revised 2025-26 Budget Sri Lanka among larger bilateral aid recipients in India's neighbourhood Bhutan, Nepal and Maldives remain top beneficiaries Overall external assistance envelope broadly steady

1 min  |

February 02, 2026
Daily FT

Daily FT

John Keells Stock Brokers tips ASPI to hit 28,000 this year

Says index capable of further improvement on the back of continued recurring earnings growth even without accounting for multiple expansion Forecasts GDP to have growth trajectory with 4-5% Opines ample scope present for increased foreign participation in equities ASPI up 115% since September 2024 election of President Anura Kumara Dissanayake

2 min  |

February 02, 2026
Daily FT

Daily FT

Verité flags weak oversight and disclosure gaps in Budget 2026 despite PFM Act

THE President Anura Kumara Dissanayake-led National People's Power (NPP) Government presented its first full-year Budget last November under the Public Financial Management (PFM) Act, which has exposed persistent weaknesses in disclosure, monitoring, and Parliamentary oversight, according to Verité Research, raising concerns over Parliament's ability to effectively scrutinise public spending despite recent legal reforms.

3 min  |

February 02, 2026

Daily FT

Gazette permits night-time employment of women as janitorial, food service staff

A Gazette notification has been issued permitting the employment of women as janitorial and food service attendants during night-time hours, following amendments to the Shop and Office Employees (Regulation of Employment and Remuneration) Act.

1 min  |

February 02, 2026
Daily FT

Daily FT

World Federation of Consuls South Asia regional meeting kicks off today in Colombo

THE South Asia Regional Conference of the World Federation of Consuls (FICAC) will kick off today (2) in Colombo, reaffirming Sri Lanka’s role as a regional hub for diplomacy, trade, and tourism.

2 min  |

February 02, 2026
Daily FT

Daily FT

Global investment growth resumes, with finance leading rebound

FDI rises 14% in 2025 to $ 1.6 t, rebounding after two weak years Majority of increase comes from financial flows through global hubs, not new productive investment FDI to developed economies surge, while flows to developing countries decline Investment becoming more concentrated in a few capital-intensive sectors such as data centres Underlying investment activity critical for development remains fragile

2 min  |

February 02, 2026
Daily FT

Daily FT

CC meets tomorrow to consider President's nomination for AG

THE Constitutional Council (CC) is to meet early this week to consider the re-submission of Senior Deputy Auditor General L.S.I. Jayarathne for appointment as Auditor General (AG).

1 min  |

February 02, 2026

Daily FT

CBSL allows surplus liquidity to persist as short-term rates drift above policy signal

THE Central Bank of Sri Lanka (CBSL) allowed money markets to operate amidst a persistent liquidity surplus in the financial system through 2025, even as short-term interest rates drifted above the policy signal in the second half of the year, according to the Market Operations Report — December 2025.

2 min  |

February 02, 2026

Daily FT

From dialogue to delivery: Postsummit outcomes and road ahead

WITH the successful conclusion of the Northern Investment Summit (NIS) 2026, attention now turns from dialogue to delivery. The summit achieved more than visibility or consensus. It generated concrete outcomes, institutional commitments and a clear forward pathway for translating investor interest into implementation on the ground.

1 min  |

February 02, 2026

Daily FT

Pakistan to boycott T20 World Cup match against India in SL

AI Jazeera: PAKISTAN's cricket team has been cleared to participate in the International Cricket Council (ICC) T20 World Cup 2026 but will not play its game against India, the Government of Pakistan yesterday said in a statement.

1 min  |

February 02, 2026

Daily FT

CBSL cancels Pan Asia Bank's Primary Dealership

THE Central Bank of Sri Lanka (CBSL) has cancelled the Primary Dealer Licence of Pan Asia Bank.

1 min  |

February 02, 2026
Daily FT

Daily FT

RTIC orders release of China loan agreement on public interest grounds

Rejects Govt's reliance on debt restructuring confidentiality Orders disclosure of Katana Water Supply Project loan from CDB by 27 Feb. Finds RTI Act procedures not followed in denying request Warns of prosecution for non-compliance

2 min  |

February 02, 2026

Daily FT

Current account surplus up 44% in 2025

Services account surplus, remittances and inflows to Govt. securities anchor external sector amid rising import bill and vehicle inflows Vehicle imports exceed $ 2 b in 2025; record workers' remittances could include Ditwah-related contributions, CBSL says

2 min  |

February 02, 2026

Daily FT

Ban social media for children under 16

A very close relative of mine, Sharaz Mohamed, phoned me recently to write to the newspapers requesting Prime Minister Dr. Harini Amarasuriya who is also Education, Higher Education and Vocational Education Minister for Sri Lanka to follow in the footsteps of Australia in banning children under 16 from using social media.

1 min  |

February 02, 2026

Daily FT

Finance company sector assets jump 44% to Rs. 2.77 t in 2025 as loans surge

Borrowings grow sharply as balance sheets expand

1 min  |

February 02, 2026
Daily FT

Daily FT

Sri Lanka lose momentum after rain

England win second T20I to take winning 2-0 lead in series

2 min  |

February 02, 2026
Daily FT

Daily FT

CBSL net buyer of $ 1.99 b FX in 2025; injects Rs. 789 b into money market

NET foreign exchange purchases by the Central Bank of Sri Lanka (CBSL) during 2025 generated a sustained surplus of rupee liquidity in the domestic money market, while lifting gross official reserves to their highest post-crisis level, according to the Market Operations Report - December 2025.

2 min  |

February 02, 2026

Daily FT

Pakistan...

The statement did not mention why Pakistan would not play its group match against India.

1 min  |

February 02, 2026
Daily FT

Daily FT

TMC Jaffna drives professional image-building among health sector employees

THE Management Club (TMC) - Jaffna, in collaboration with STS Eye Care Centre Jaffna, successfully concluded a professional development session focusing on interpersonal impact and personal branding within the workplace.

1 min  |

February 02, 2026

Daily FT

Icon V Talpe invites global buyers to experience elite beachfront living

ICON V Talpe, an iconic oceanfront hotel style residential development by Odiliya Group Ltd., is redefining luxury coastal living along Sri Lanka’s picturesque southern coastline.

1 min  |

February 02, 2026
Daily FT

Daily FT

Navam Maha Perahera lights up Colombo

The 48th Annual Navam Maha Perahera of the Hunupitiya Gangaramaya Temple took place in Colombo over two days, drawing large crowds as illuminated elephants, traditional dancers, and drummers moved through the city streets in one of the capital's most prominent Buddhist processions.

1 min  |

February 02, 2026

Daily FT

TMC signs MoU with Lions Multiple District 306

TMC Jaffna marks a day of celebration, investment dialogue and community partnership

2 min  |

February 02, 2026

Daily FT

Reviving the engine: SLEA international conference to chart path for services-led growth

THE Sri Lanka Economic Association (SLEA) is set to host its Annual International Conference on 6-7 Februar.

3 min  |

February 02, 2026
Daily FT

Daily FT

Global air passenger demand up 5.3% in 2025

THE global air passenger demand in 2025 (measured in revenue passenger kilometers or RPKs) rose 5.3% compared to 2024, according to an International Air Transport Association (IATA) report.

3 min  |

February 02, 2026
Daily FT

Daily FT

Foreign holdings of rupee Treasuries surges to over two-year high

Liquidity remains heavily plus at Rs. 233 b; hits over five-year high Secondary Bond market rates decline; overall activity robust Back-to-back Treasury auctions produce positive results Jan. CCPI inflation at +2.30%; continues to fall short of 5.00% target Rupee appreciates

4 min  |

February 02, 2026

Daily FT

Why we need comprehensive sex education

IN our country, conversations about sex rarely emerge unless provoked by controversy.

2 min  |

February 02, 2026

Daily FT

TIER B 3-DAY LEAGUE

Outright wins for United Southern SC, Army SC and Ragama CC

2 min  |

February 02, 2026
Daily FT

Daily FT

LCB Finance relocates Matara branch

LANKA Credit and Business Finance PLC relocated its Matara Branch at 3/1/2, Nupe Junction, Galle Road, Matara on 27 January 2026.

1 min  |

February 02, 2026
Daily FT

Daily FT

Verteil Technologies launches in Sri Lanka with Mack Air

VERTEIL

1 min  |

February 02, 2026
Daily FT

Daily FT

TMC Mt. Lavinia hosts executive forum on credit and capital access for private businesses at Cinnamon Grand

THE Management Club (TMC) Mount Lavinia successfully hosted an executive forum titled “Macroeconomic Signals Shaping Private Sector Credit” recently at the Cinnamon Grand Colombo.

1 min  |

February 02, 2026