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Daily FT

Daily FT

The clock is ticking for Europe's chemical industry

ON 1 August, the United States imposed a 15% tariff on most European chemical imports. It caught some off guard. However, for many in the industry, it was just another warning sign: Europe’s chemical sector is under serious pressure — and time is running out to turn things around.

4 min  |

September 01, 2025

Daily FT

Sri Lanka break barren overseas series run, beat Zimbabwe 2-0

Pathum Nissanka sets up Sri Lanka's victory with seventh ODI century

1 min  |

September 01, 2025

Daily FT

Singer beat Expolanka Holdings by five runs in MCA Premier League final

SINGER Sri Lanka’B’defeated Expolanka Holdings by five runs in a nail-biting finish to emerge champions of the Link Natural MCA Premier League Cricket Tournament final, played at the MCA Ground on Saturday.

1 min  |

September 01, 2025
Daily FT

Daily FT

Continental Insurance Wins Domestic General Insurer of the Year Once Again

Continental Insurance Lanka Limited (CILL) was once again recognized as the Domestic General Insurer of the Year - Sri Lanka at the Insurance Asia Awards 2025, held in Singapore this July.

2 min  |

September 01, 2025

Daily FT

TMC Jaffna AGM 2025 celebrated in style with community leaders and professionals

THE Management Club (TMC) Jaffna marked the successful completion of its Annual General Meeting (AGM) 2025 and Mid-Year Dinner on Friday, 11 July, at J Hotels, Pungankulam Road. The evening brought together an impressive gathering of Northern Province’s most respected leaders, professionals, and change-makers.

1 min  |

September 01, 2025
Daily FT

Daily FT

Kemcare Technologies wins “Innovator in Cosmetic Ingredients Distribution” Award at Iconic Awards 2025

KEMCARE Technologies Ltd. has been honoured with the “Innovator in Cosmetic Ingredients Distribution” Award at the prestigious Iconic Awards 2025, held on 20 August at the Monarch Imperial Hotel, Colombo.

1 min  |

September 01, 2025
Daily FT

Daily FT

DIMO unveils flagship Tata Passenger Vehicle showroom at Altair Colombo, expands nationwide network

MARKING a significant step in its expansion strategy, DIMO, the only authorised distributor for Tata Motors in Sri Lanka, unveiled its latest flagship Tata Passenger Vehicle (PV) showroom at Altair Colombo.

2 min  |

September 01, 2025
Daily FT

Daily FT

Ceylinco Life ranked Sri Lanka's most valuable insurance brand once again by Brand Finance

Ceylinco Life has been ranked the most valuable insurance brand in Sri Lanka and the 22nd most valuable brand in the country overall in the 2025 edition of the 'Sri Lanka 100' released by Brand Finance, the world's leading independent brand valuation consultancy.

2 min  |

September 01, 2025

Daily FT

Building Trust and Independence: Transforming Life Insurance in Sri Lanka

As Sri Lanka celebrates Life Insurance Awareness Month, the conversation must extend beyond policy sales or market growth to something far more meaningful, a national shift from financial dependence to self-reliance. When trusted and understood, Life insurance has the power to transform financial uncertainty into empowerment and true independence.

5 min  |

September 01, 2025

Daily FT

Tom Puthiyamadam and Jayson Traxler share key insights to Grant Thornton's acquisition of Stax

Following Grant Thornton's recent announcement that it will acquire Stax, Consulting Magazine took the opportunity to have a conversation with Tom Puthiyamadam, Managing Partner for Advisory Services at Grant Thornton Advisors LLC and Jayson Traxler, CEO of Stax.

3 min  |

September 01, 2025

Daily FT

Why insurance in developing economies Like Sri Lanka should be bought, not sold

In developing economies like Sri Lanka, insurance sectors often face significant challenges in terms of market penetration and public perception. Traditionally, in Sri Lanka insurance has always been a product that has to be sold.

4 min  |

September 01, 2025
Daily FT

Daily FT

Colombo Uni. to host program on "Embodied Intelligence, Buddhist Meditation Practice, and Al Tech Entrepreneurship"

THE Centre for Meditation Research (CMR), Faculty of Medicine, University of Colombo, in collaboration with the Centre for Research Development and Innovation (CRDI), will host a groundbreaking program titled “Embodied Intelligence, Buddhist Meditation Practice, and AI Tech Entrepreneurship” on 10 September, at the Main Auditorium, UCFM Tower, Faculty of Medicine, University of Colombo, from 4 p.m.

1 min  |

September 01, 2025
Daily FT

Daily FT

Secretary to the President meets Chair of Transparency International

Transparency International Chair Francois Valérian commends Govt. for establishment of Internal Affairs Units to prevent corruption at public institutions

1 min  |

September 01, 2025

Daily FT

Moratuwa SC consolidate top position in Group B

MORATUWA SC maintained their top position in Group B of the SLC Under-23 Inter-Club 2-Day Tournament with a first innings win against Navy SC at Welisara yesterday.

1 min  |

September 01, 2025

Daily FT

Govt. to import 2,000 double-cabs for rural State officials

PROVINCIAL Councils and Local Government Deputy Minister Ruwan Senarath yesterday said the Government intends to import 2,000 double-cab vehicles early next year to improve transport facilities for officials heading State institutions, especially in the hinterland.

1 min  |

September 01, 2025
Daily FT

Daily FT

Global schedule reliability of shipping lines declines after six-month climb

GLOBAL schedule reliability fell in July for the first time since January, Sea-Intelligence reports.

1 min  |

September 01, 2025

Daily FT

Asia Securities launches ‘Athena’, Sri Lanka's first trading platform integrated with TradingView

ASIA Securities, Sri Lanka’s leading stockbroker, recently introduced ‘Athena’, the country’s first equity trading platform fully integrated with TradingView, a global charting and analytics solution used by over 100 million investors across 200 countries.

2 min  |

September 01, 2025

Daily FT

Why insurers worry the world could soon become uninsurable

Some fear the world is fast approaching temperature levels where professional risk managers will no longer be able to offer cover for financial services Günther Thallinger, a board member at Allianz, one of the world's biggest insurers, says the climate crisis could make adaptation economically unviable Zurich Insurance Group, meanwhile, said alongside a recent research paper assessing climate resilience that the outlook looks \"alarmingly bleak

3 min  |

September 01, 2025
Daily FT

Daily FT

Rohantha appointed to Lotus Hydro Board

DR. Rohantha Athukorala has been appointed as an Independent Non-Executive Director on the Board of Lotus Hydro Power PLC.

1 min  |

September 01, 2025

Daily FT

Provincial unions expose alleged illegal process and political interference in Sri Lanka Rugby

Cite total collapse of governance; call for resignation of Working Task Force and Executive Director

2 min  |

September 01, 2025
Daily FT

Daily FT

From safety net to resilience-builder: how the insurance industry is stepping up

An insurance protection gap persists in both the Global North and South, endangering global resilience. Strengthening insurability means investing in disaster risk reduction upstream. Insurance industry has a major role to play both in broader resilience-planning and mobilising capital

4 min  |

September 01, 2025
Daily FT

Daily FT

SITREK Group marks 48 years with awards and celebration

THE SITREK Group celebrated its 48th anniversary in grand style at the Grand Maitland, honouring decades of excellence and recognising key contributors through its Annual Awards Ceremony.

1 min  |

September 01, 2025

Daily FT

HNB Finance empowers MSMEs for sustainable growth through strategic financial literacy initiatives

HNB Finance PLC, a leading integrated financial services provider in Sri Lanka, reinforced its commitment to driving sustainable economic growth with the successful completion of its latest ‘Financial Literacy for Development’ workshops in Wennappuwa and Nawalapitiya.

1 min  |

September 01, 2025

Daily FT

TMC Colombo hosts inspiring Power Breakfast with HNB CEO/MD Damith Pallewatte

THE Management Club (TMC) Colombo successfully launched its inaugural Power Breakfast sessions under the theme “Where leaders share the journey” at Ivy Hall, Cinnamon Grand, Colombo. The event brought together an elite audience of CEOs, senior managers, and entrepreneurs for an engaging morning of leadership insights and high-level networking.

2 min  |

September 01, 2025

Daily FT

Fuel prices reduced

THE Ceylon Petroleum Corporation (CEYPETCO) announced a revision of fuel prices effective from midnight yesterday.

1 min  |

September 01, 2025
Daily FT

Daily FT

CBSL marks 75 years with Rs. 2,000 commemorative note presented to President

TO commemorate the 75th Anniversary of the Central Bank of Sri Lanka (CBSL), Governor Dr. Nandalal Weerasinghe yesterday presented a new Rs. 2,000 commemorative currency note to President Anura Kumara Disanayake at the Presidential Secretariat.

1 min  |

August 30, 2025

Daily FT

North star for climate change adaptation: Making progress on the Global Goal on Adaptation

TEN years after the Paris Agreement, 2025 is set to render a key part of it operational: the Global Goal on Adaptation, or GGA for short. Agreed in Paris, the GGA aims to enhance adaptive capacity, strengthen resilience, and reduce vulnerability to climate change in the context of the temperature goal. So far, it has advanced through two work programs (from 2022-2023 and 2024-2025) and is now defined through the UAE Framework for Global Climate Resilience, which lists seven thematic and four dimensional targets. The current work program—the UAE-Belém work program—was launched in Dubai and is mandated to deliver a set of indicators for these targets at the end of this year, when countries from across the world will convene at COP30 in Belém, Brazil.

3 min  |

August 30, 2025
Daily FT

Daily FT

Electric waste-collecting boats to revive Beira Lake

WESTERN Province Governor Hanif Yusoof yesterday announced the launch of trials of fully electric, solar-powered waste-collecting boats on the Beira Lake as part of a wider initiative to restore and revive the historic waterbody.

1 min  |

August 30, 2025

Daily FT

CCPI in August 2025 shows deflationary period ending

THE Central Bank said yesterday that following 11 consecutive months of deflation, headline inflation, as measured by the year-on-year (Y-o-Y) change in the Colombo Consumer Price Index (CCPI, 2021-100), returned to positive territory in August 2025, recording 1.2%, compared to 0.3% deflation in July 2025.

1 min  |

August 30, 2025

Daily FT

Governor Nandalal says CBSL phasing out conflicting legacy roles

Asserts CBSL independency at 75th Anniversary Oration Busts myths, misconceptions, unrealistic expectations confronting CBSL Acknowledges conflicting roles of CBSL and plans to phase them out Says CBSL will gradually stop managing public debt, EPF and concessionary loan schemes for targeted sectors Points to break from contentious practices of the past, CBSL no longer supports fiscal expansion nor controls exchange rate

5 min  |

August 30, 2025