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Daily FT

Daily FT

SOEs under Industries Ministry contribute Rs. 757.4 m in dividends to Treasury

STATE-OWNED Enterprises (SOEs) under the Industries and Enterprise Development Ministry — Lanka Mineral Sands, BCC Lanka Ltd., National Salt Company, Lanka Phosphate Company, and Lanka Graphite Ltd., — have handed over a portion of their dividends earned under the new Government to the Treasury.

1 min  |

October 09, 2025
Daily FT

Daily FT

Commercial Bank–AIA Bancassurance Achievers Awards 2025

THE Commercial Bank-AIA Bancassurance Achievers Awards took place recently as a glamorous celebratory event, held at Cinnamon Life, City of Dreams.

1 min  |

October 09, 2025
Daily FT

Daily FT

Tech, finance industry veteran Sunimal Weerasooriya joins BOC Board

The Finance Ministry has appointed Sunimal Weerasooriya to the Board of Bank of Ceylon as an Independent, Non-Executive Director.

1 min  |

October 09, 2025

Daily FT

E.B. Creasy invests another Rs. 400 m in Lanka Special Steels

E.B. Creasy & Co. PLC has made a further Rs. 400 million investment in subsidiary company Lanka Special Steels Ltd.

1 min  |

October 09, 2025

Daily FT

Supreme Court to hear Shani Abeysekara’s petitions over 2021 arrest

THE Supreme Court yesterday granted leave to proceed with three Fundamental Rights petitions filed by former Criminal Investigation Department (CID) Director Shani Abeysekara and two former CID officers, challenging their arrest by the Colombo Crime Division (CCD) in August 2021.

1 min  |

October 09, 2025
Daily FT

Daily FT

CSE and SEC host forum to deepen institutional engagement in capital market

The Securities and Exchange Commission of Sri Lanka (SEC) in collaboration with the Colombo Stock Exchange (CSE) convened an exclusive forum for Institutional Fund Managers themed “Be a Part of the Capital Market’s Growth Story — One Vision for A Resilient Market” recently.

5 min  |

October 09, 2025

Daily FT

CA Sri Lanka's 46th National Conference kicks off to spark global-local synergy

THE Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) yesterday inaugurated its 46th National Conference of Chartered Accountants, a business summit focused on redefining the nation’s economic trajectory by harnessing global insight for local impact.

2 min  |

October 09, 2025

Daily FT

Gold tops Rs. 300,000 as global prices hit record $ 4,000 an ounce

Internationally, spot gold prices surpassed $ 4,000 an ounce for the first time, as investors sought safety amid global economic and geopolitical uncertainty and growing expectations of further US Federal Reserve rate cuts, according to Reuters and Bloomberg reports.

1 min  |

October 09, 2025
Daily FT

Daily FT

Pavithra Fernando elected new SL Rugby President

FORMER Royal, CR & FC, and national player Pavithra Fernando was appointed as the President of Sri Lanka Rugby (SLR) at their Annual General Meeting (AGM) yesterday:

1 min  |

October 09, 2025

Daily FT

Sri Lanka going round in circles over human rights

THE UN Committee on Enforced Disappearances (CED) on Tuesday issued its findings on Sri Lanka during the ongoing session of the United Nations Human Rights Council (UNHRC).

2 min  |

October 09, 2025

Daily FT

Adopted without a vote in Geneva: Inept at the international

THE latest Human Rights Council Resolution on Sri Lanka (60/L-1/Rev-1) was adopted without a vote in Geneva on the 6th of October 2025, despite Sri Lanka’s strongly stated rejection of it. What happened there and why was it adopted “without a vote”?

6 min  |

October 09, 2025

Daily FT

Historic firsts mark Asia Pacific Motorsport Championship 2025 in Sri Lanka

THE Asia Pacific Motorsport Championship (APMC) 2025 concluded at the SpeedBay Circuit, Bandaragama, Sri Lanka, from 26 to 28 September, drawing 210 competitors from 17 nations across the region.

2 min  |

October 09, 2025

Daily FT

Colombo stock market dips due to profit taking

THE Colombo stock market yesterday dipped largely due to profit taking amidst healthy turnover.

1 min  |

October 09, 2025

Daily FT

CEB-Govt. talks collapse; staff to escalate trade union action

TALKS between the Ceylon Electricity Board (CEB) and the Government over the ongoing restructuring process have broken down, prompting electricity trade unions to intensify their month-long work-to-rule campaign.

1 min  |

October 09, 2025

Daily FT

Creating Customer Experience: ‘Can modern business still feel human?’

IN the fast-paced journey towards digitisation, many companies overlook a simple truth: customers are human beings, not data points. Artificial Intelligence (AI), chatbots and self-service portals promise efficiency and accuracy in what they deliver.

4 min  |

October 09, 2025

Daily FT

CDB crush defending champions Fairfirst Insurance in MCA Super Premier League

THE lone batting effort by opening batter Sangeeth Cooray (62 off 52 balls, 2 sixes, 5 fours) and the splendid spell of leg spin bowling by Sanoj Dharshaka (4 overs, 19 runs, 4 wickets) gave Maliban Biscuits a fighting 14-run win over BBK Partnership, in the ongoing 32nd Singer-MCA Super Premier League T20 Tournament 2025, which continued yesterday at the MCA Grounds.

1 min  |

October 09, 2025

Daily FT

SL to host int'l conference on wetlands, mental health, and sustainable tourism

BRINGING wetland professionals, mental health experts and tourism leaders on a single platform, the ‘Wellness in Wetlands 2025 International Conference’ will be held in Colombo from 9-12 October.

1 min  |

October 08, 2025

Daily FT

AKD says IMF not external partner but integral element of SL's economic progress

Meets IMF delegation in 5th mid-point review; 6th tranche under EFF program due in Dec.

1 min  |

October 08, 2025

Daily FT

SLAITO calls for urgent global marketing push to unlock $ 10 b tourism potential by 2030

THE Sri Lanka Association of Inbound Tour Operators (SLAITO) has urged the Government to prioritise a sustained global destination marketing campaign to help the country achieve its target of 5 million tourist arrivals and $ 10 billion in annual revenue by 2030, warning that the opportunity will slip away unless immediate action is taken.

2 min  |

October 08, 2025

Daily FT

World Bank sets out reform agenda to lift Sri Lanka's investment and exports

World Bank Senior Country Economist Richard Walker says export growth has slowed

3 min  |

October 08, 2025

Daily FT

UN panel flags impunity, weak progress on missing persons in Sri Lanka

THE United Nations Committee on Enforced Disappearances (CED) yesterday raised serious concerns over Sri Lanka's limited progress in addressing thousands of unresolved disappearance cases, weak accountability mechanisms, and inadequate forensic capacity in investigating mass graves.

1 min  |

October 08, 2025

Daily FT

Opposition moves motion to probe release of 323 containers without inspection

Govt. in spotlight over alleged irregularities in clearing containers

1 min  |

October 08, 2025

Daily FT

Govt. addressing shortage of dialysis needles - Health Minister

HEALTH Minister Nalinda Jayatissa informed Parliament yesterday that steps are underway to resolve the shortage of dialysis needles after the initially contracted supplier failed to deliver the required type.

1 min  |

October 08, 2025

Daily FT

Don’t just tick the box: Strategic imperative for Sri Lankan corporates to integrate sustainability

Embedding sustainability in business models for future-proofing Sri Lankan enterprises

8 min  |

October 08, 2025

Daily FT

ITX360 achieves ISO/IEC 27001:2022 certification

Reinforces quality information security standards

1 min  |

October 08, 2025

Daily FT

LB Finance announces Rs. 20 b debenture issues

DHAMMIKA Perera's LB Finance PLC has received regulatory approval for two debenture issues to raise a total of Rs. 20 billion.

1 min  |

October 08, 2025

Daily FT

World Bank warns Sri Lanka's recovery fragile, urges urgent reforms to sustain growth

Projects Sri Lanka's economy to grow by 4.6% in 2025 and 3.5% in 2026 but warns recovery remains fragile without urgent reforms in trade, investment, taxation, and job creation

5 min  |

October 08, 2025

Daily FT

IDL appoints Indhu Selvaratnam as Deputy Chairperson

INTERNATIONAL Distillers Ltd. (IDL) has announced the appointment of Indhu Tissanayagam Selvaratnam as Deputy Chairperson of the Board, with effect from 1 October.

1 min  |

October 08, 2025

Daily FT

People's Bank unveils iconic 'People's Tower' as new head office

'PEOPLE'S Tower, the new head office building of People's Bank, was ceremonially declared open yesterday at No. 374, Dr. Colvin R.de Silva Mawatha, Colombo 2, under the patronage of the Central Bank Governor Dr. P. Nandalal Weerasinghe, and the Treasury and Ministry of Finance, Planning and Economic Development Secretary Dr. Harshana Suriyapperuma.

1 min  |

October 08, 2025

Daily FT

Secondary Bond market yields open steady ahead of weekly Bills auction

THE secondary Bond market yesterday kicked off the new trading week on a dull note, with overall activity at subdued levels.

2 min  |

October 08, 2025