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Daily FT

McLarens Lubricants launches landmark Mobil and 3M promotion with single-seater race car giveaways

MCLARENS Lubricants Ltd., a subsidiary of McLarens Group, recently unveiled multiple consumer promotions under the brands Mobil and 3M, flagship brands represented by the group. Mobil and 3M, two global giants in their own domains, are set to launch a one-of-a-kind consumer promotion starting from September 2025.

1 min  |

September 08, 2025

Daily FT

Sampath Bank, Sathosa Motors partner to deliver benefits to vehicle buyers

SAMPATH Bank PLC said it has partnered with Sathosa Motors PLC to offer exclusive benefits to vehicle buyers.

1 min  |

September 08, 2025
Daily FT

Daily FT

Govt. breaks ground on $ 140 m Rividanavi solar power project

THE Government began construction of the country’s largest renewable energy project— the ‘Rividanavi’ Solar Power Park on Saturday (6), under the patronage of President Anura Kumara Disanayake.

3 min  |

September 08, 2025

Daily FT

Royal's defence stands tall to regain Bradby Shield

ROYAL College weathered a fierce onslaught from Trinity College to regain the 75th Bradby Shield on an aggregate score of 18/13 despite going down 3/8 in the second leg played in-front of a packed Royal College Sports Complex on Saturday.

3 min  |

September 08, 2025

Daily FT

Dilmah Tea’s net-zero journey recognised at Reuters Global Sustainability Awards

Reuters honours Dilmah for science-based climate action

2 min  |

September 08, 2025
Daily FT

Daily FT

Historic first direct charter between Bhutan and Sri Lanka takes flight

IN a groundbreaking moment for regional aviation and tourism, the first-ever direct chartered flight between Bhutan and Sri Lanka has been officially launched.

1 min  |

September 08, 2025

Daily FT

Dhammika...

LAUGFS, which recently celebrated its 30th anniversary, has interests in over 25 industries employing 3,500 employees, and an annual turnover exceeding Rs. 160 billion across energy, retail leisure, manufacturing, logistics, pharmaceuticals, engineering, and trading in Sri Lanka, Bangladesh, the UAE, USA, and Netherlands.

2 min  |

September 08, 2025
Daily FT

Daily FT

Policybazaar for Business expands into Sri Lanka, Qatar, Oman, and UAE with tech-led reinsurance model

POLICYBAZAAR for Business, the B2B arm of Policybazaar.com, today announced the launch of its reinsurance operations in Sri Lanka, Qatar, Oman, and the UAE.

2 min  |

September 08, 2025

Daily FT

DMS Software Technologies and Rajarata University of Sri Lanka sign landmark MoU

DMS Software Technologies and Rajarata University of Sri Lanka have entered into a Memorandum of Understanding (MoU), marking a significant step towards strengthening collaboration between academia and the corporate sector.

1 min  |

September 08, 2025

Daily FT

EDOTCO Sri Lanka leads first environmental-tech collaboration at Galle Fort

IN a significant step towards sustainability and smart city innovation, EDOTCO Services Lanka Ltd., (EDOTCO Sri Lanka) has launched its first public-private environmental collaboration at the historic Galle Fort, a UNESCO World Heritage Site.

2 min  |

September 08, 2025

Daily FT

Official reserve assets inch up in August to $ 6.17 b

OFFICIAL reserve assets rose marginally to $ 6.17 billion as at end-August 2025, up from $ 6.15 billion as at end-July, the latest data from the Central Bank of Sri Lanka (CBSL) showed.

1 min  |

September 08, 2025

Daily FT

Nations Trust Bank American Express Cardmembers receive complimentary front row seats at Formula 1 in Singapore

NATIONS Trust Bank, the issuer and sole acquirer of American Express Cards in Sri Lanka, announced the winners of its Formula 1\"Get Closer to the Grid\" initiative.

1 min  |

September 08, 2025

Daily FT

Hambantota Port emerges as marine biodiversity hotspot with over 8 unique fish species

A new baseline study by the Department of Fisheries and Marine Sciences, at Ocean University of Sri Lanka has revealed a thriving ecological marvel beneath the waters of Hambantota International Port (HIP).

3 min  |

September 08, 2025

Daily FT

33 SOEs and beyond

THE Cabinet's decision last week to shut down 33 inactive state-owned enterprises (SOEs) marks a long-overdue first step towards reform.

2 min  |

September 08, 2025

Daily FT

SLITHM and Samurdhi Department launch 'Hotel Operations Multitasker Program'

THE Sri Lanka Institute of Tourism and Hotel Management (SLITHM), in collaboration with the Department of Samurdhi Development, has launched the “Sathkaraye Shrama Sena - Hotel Operations Multitasker Program,” a nationwide initiative aimed at creating a multi-skilled workforce to serve Sri Lanka’s growing tourism and hospitality sector.

3 min  |

September 05, 2025

Daily FT

New reforms to unlock investment

SENIOR Economic Adviser to the President Duminda Hulangamuwa last week revealed that sweeping reforms in State-Owned Enterprises (SOEs) and public-private partnerships (PPPs) are in the pipeline as part of the Government's broader economic restructuring.

1 min  |

September 05, 2025

Daily FT

Legendary Italian designer Giorgio Armani dies

BBC: The Italian fashion designer and billionaire brand owner Giorgio Armani yesterday passed away at the age of 91.

1 min  |

September 05, 2025

Daily FT

IRD makes online-only VAT registration mandatory from September

THE Inland Revenue Department (IRD) announced that starting 1 September, all applications for both temporary and permanent Value Added Tax (VAT) registration must be submitted exclusively through its online “e-Services” platform.

1 min  |

September 05, 2025
Daily FT

Daily FT

Kandy Ayurvedic Pharmacy wins Global Business Excellence 2025 Elite Series II Award

KANDY Ayurvedic Pharmacy Ltd, of Nuwara Osu’ fame, Sri Lanka’s iconic and trusted name in the manufacturing and distribution of state-of-the-art ayurvedic and herbal medications, has been awarded the prestigious Ayurvedic Product Manufacturing Excellence Award at the Global Business Excellence 2025 Elite Series II at a gala ceremony held at the BMICH recently.

1 min  |

September 05, 2025

Daily FT

Digital services VAT deferred to April 2026

THE Cabinet of Ministers on Wednesday approved the postponement of VAT on digital services until April 2026, pushing back the original implementation date of 1 October 2025 to allow more time to address practical challenges.

1 min  |

September 05, 2025

Daily FT

Cabinet scraps ‘Viyathpura’ housing scheme for MPs affected by 2022 unrest

THE Cabinet of Ministers on Wednesday decided to abolish with immediate effect the concessional housing scheme under which MPs whose homes were destroyed during the May 2022 unrest were allowed to purchase Urban Development Authority (UDA) houses at subsidised rates.

1 min  |

September 05, 2025
Daily FT

Daily FT

Profile of a deeply divisive defence mechanism in our democracy today

THE curious case of an ex chief executive's indictment has brought on a battery of psychiatric symptoms among denizens of the Demotic Social-media Republic of Sri Lanka. ‘Demotic’ in the sense of the common people and ‘Social-media’ is self-explanatory. The hoi polloi have waged psychological warfare online — hat in hand, a PDA in the other — ever since the shock arrest.

4 min  |

September 05, 2025

Daily FT

Hulangamuwa calls for mechanisation, wage reforms to revive plantations

SENIOR Economic Adviser to the President Duminda Hulangamuwa last week warned that Sri Lanka’s plantation industry faces an urgent need for structural reforms if it is to remain sustainable in the face of declining output and a shrinking labour force.

3 min  |

September 05, 2025

Daily FT

"Time is no shield for criminals": President vows equal justice, Police reforms at 159th Police Day

PRESIDENT Anura Kumara Disanayake on Wednesday declared that \"no crime will be allowed to disappear with the passage of time,\" pledging that the Government will pursue offenders \"irrespective of when or where the crime was committed.

3 min  |

September 05, 2025

Daily FT

CEB unions in work-to-rule campaign over reforms

ALL trade unions of the Ceylon Electricity Board (CEB) began a work-to-rule campaign from midnight in protest against the planned restructuring and unresolved employee grievances.

1 min  |

September 05, 2025

Daily FT

Cabinet clears liquidation of 33 non-functional SOEs

THE Cabinet of Ministers at their meeting on Wednesday approved a proposal by President Anura Kumara Disanayake, in his capacity as Finance, Planning, and Economic Development Minister, to liquidate 33 public enterprises deemed nonfunctional and financially unsustainable.

1 min  |

September 05, 2025

Daily FT

SLT appoints interim CEO

SRI Lanka Telecom PLC yesterday appointed Imantha Wijekoon as its interim CEO.

1 min  |

September 05, 2025

Daily FT

Why Prince William's support could be a turning point for Sri Lanka's elephants

SRI Lanka, famed for its biodiversity and cultural heritage, faces an unprecedented challenge: safeguarding its most iconic species — the Asian elephant.

3 min  |

September 05, 2025

Daily FT

Donburi Matsuri: Celebration of Japanese flavours at Yoroko

Cinnamon Life at City of Dreams takes you on flavour-packed journey through Japan's beloved rice bowls for limited time only

1 min  |

September 05, 2025
Daily FT

Daily FT

Rare culinary encore: Chef Azam Riyard elevates dry-aged experience at London Grill

IN celebration of fifty years of gastronomic distinction, London Grill at Cinnamon Grand Colombo presents the highly anticipated return of Chef Azam Riyard, the internationally acclaimed culinary maestro known as “The Dry-Aged Steak Guy”.

1 min  |

September 05, 2025