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Daily FT

Israel: Sri Lanka's persistent foreign policy paradox

THE NPP Government's recent decision to grant visa-free travel to citizens of Israel has caused anger and resentment among Sri Lanka's Muslim community as well as human rights groups. The controversial move comes in the backdrop of even countries like Germany that have historically sided with the Jewish State expressing firm disapproval of the Benjamin Netanyahu-led administration's actions that have led to a humanitarian catastrophe in the crisis-torn Gaza.

2 min  |

August 13, 2025
Daily FT

Daily FT

Shammi continues to head CH

FORMER Nalanda, CCC cricketer and present Sri Lanka Cricket President Shammi Silva continues as the Chairman of Gymkhana Club (CCC, CH and Queens Club tennis) for the year 2025/2026.

1 min  |

August 13, 2025
Daily FT

Daily FT

Sri Lanka to host first-ever National AI Expo to drive $ 15 b digital economy

IN a bold move to position Sri Lanka as a regional leader in artificial intelligence and drive its transformation into a $ 15 billion digital economy by 2030, the country will host its first National AI Expo and Conference on 29 and 30 September.

2 min  |

August 13, 2025

Daily FT

Players need to improve their game situation - Chief Selector

Problems confronting T201 team Wanindu Hasaranga out of ODI series against Zimbabwe

3 min  |

August 13, 2025
Daily FT

Daily FT

President AKD’s speech inspires power sector reforms

INhis compelling speech to Parliament ast Thursday, President AKD emphasised repeatedly that there isa deliberate and coordinated disinformation campaign aimed at undermining every major nitiative his Government undertakes and belittling the progress made soar.

5 min  |

August 13, 2025

Daily FT

Lumbini Tea Valley Ceylon signs strategic regenagri partnership with Solidaridad

Landmark initiative to drive climate-smart agriculture in Sri Lanka

2 min  |

August 13, 2025

Daily FT

Blaze Trophy under lights on 16 Aug. at CR

THE Blaze Trophy rugby encounter between Kingswood College and Wesley College will take place on 16 August for the 39th consecutive year, with this edition taking place under lights for the first time at the CR & FC Ground.

1 min  |

August 13, 2025

Daily FT

Brevis’ record knock levels series for South Africa against Australia

DEWALD Brevis’ record-shattering 125* powered South Africa to a commanding 53-run win over Australia, levelling the three-game T20I series.

1 min  |

August 13, 2025
Daily FT

Daily FT

Sri Lanka's billion-dollar X-Press Pearl judgment faces uphill legal battle in Singapore

IN what has been hailed as a landmark environmental ruling, Sri Lanka’s Supreme Court recently ordered the operators of the MV X-Press Pearl to pay $ 1 billion in compensation for the catastrophic 2021 maritime disaster that ravaged the nation’s coastline.

5 min  |

August 13, 2025

Daily FT

Sri Lanka...

The debt-to-GDP ratio target is set at 95% by 2032, though current progress suggests the target could be met earlier.

6 min  |

August 13, 2025
Daily FT

Daily FT

Romani Parakrama appointed to Commercial Bank Board

ROMANI Parakrama has been appointed to the Board of Commercial Bank PLC as an Independent/Non-Executive Director.

1 min  |

August 13, 2025
Daily FT

Daily FT

2032 rejected; 2035 almost fully accepted; bond auctions produce positive outcome

Bond yields edge down Rs. 103.50 b T-bill auction in focus

1 min  |

August 13, 2025
Daily FT

Daily FT

Are we using digital banking as advanced financial solution?

BANKS and Non-Banking Financial Institutions of our country are now endeavouring their best to actively persuade digitalisation to provide an enhanced customer service aiming to experience and boost the operational efficiency.

10 min  |

August 13, 2025
Daily FT

Daily FT

Constitutional Council approves Priyantha Weerasooriya as 37th IGP

THE Constitutional Council has approved President Anura Kumara Disanayake’s recommendation to appoint Acting Inspector General of Police (IGP) Priyantha Weerasooriya as the 37th IGP of the country.

1 min  |

August 13, 2025

Daily FT

How CID bypassed Navy Act to pull former Commander into Civilian Court

THE Defence Ministry's statement on the arrest of former Navy Commander Admiral Nishantha Ulugetenne reduces a serious constitutional and security matter to a public relations slogan \"The law applies equally to all.\" That is not a legal conclusion, in the military context equality before the law does not erase jurisdictional boundaries.

5 min  |

August 13, 2025

Daily FT

Colombo stock market stays up amidst volatility; 7% NDB stake crossing boosts turnover

THE Colombo stock market yesterday managed to close on the up amidst volatile investor sentiments whilst crossing of 7% NDB stake boosted turnover.

1 min  |

August 13, 2025
Daily FT

Daily FT

'Samaposha Provincial School Games 2025' begins

THE’Samaposha Provincial School Games 2025, organised by the Provincial Education Department, began on Monday at the Mahinda Rajapaksa Stadium in Diyagama focusing on 7 regions namely, the Western, Northern, Central, Northwestern, Eastem, Uva, Southern and Sabaragamuvra provinces.

3 min  |

August 13, 2025

Daily FT

Sampath Bank partners Bancstac to launch Alipay+ payment acceptance for merchants

SAMPATH Bank PLC has announced a strategic partnership with global payments technology company Bancstac to introduce Alipay+ payment acceptance across both brick and mortar and e-commerce merchant channels in Sri Lanka.

1 min  |

August 13, 2025
Daily FT

Daily FT

Agromax Industries celebrates excellence and growth at Annual Sales Conference 2025

AGROMAX, Sri Lanka’s leading water pump manufacturer and pioneer in delivering innovative water management solutions, celebrated its Annual Sales Conference 2025 at the Citrus Hotel Waskaduwa.

1 min  |

August 13, 2025

Daily FT

My Dentist announces new CEO

MY Dentist has announced the appointment of Dr. Kelum Jayasuriya as its new Chief Executive Officer.

1 min  |

August 13, 2025

Daily FT

Thurstan edge out Science

THURSTAN College edged out Science College by 33/29 in the last Inter-School Rugby Under-19 encounter for the year 2025 which concluded at the

1 min  |

August 13, 2025
Daily FT

Daily FT

Both Government liabilities and assets matter for sovereign risk

SINGAPORE is one of the few remaining sovereigns in the world that still holds a triple-A rating the highest possible level despite a gross Government debt-to-gross-domestic-product ratio that is higher than that of many other developed economies, namely Greece, Italy, the US and France. Yet this high level of gross debt does not constrain Singapore's sovereign credit assessment by global rating agencies.

4 min  |

August 13, 2025

Daily FT

DPL opens Monaragala Latex Collection and Lab to boost quality and rural livelihoods

IN a landmark initiative to uplift Sri Lanka's rural rubber economy, Dipped Products PLC (DPL), a member of the Hayleys Group, has officially opened a state-of-the-art latex collection and laboratory facility for smallholder rubber farmers in Monaragala.

2 min  |

August 13, 2025
Daily FT

Daily FT

Sarvodaya Development Finance brings first-ever ATM to Thalawakale

■ Empowers tea estate communities through financial inclusion

1 min  |

August 13, 2025

Daily FT

Ishara Nanayakkara richest person in Sri Lanka: Gulf News report

Overtakes Dhammika Perera as wealthiest person in Sri Lanka in 2025 as per Gulf News report Nanayakkara among five richest billionaire titans in South Asia Mukesh Ambani cut above rest with $ 118 b net worth

2 min  |

August 12, 2025
Daily FT

Daily FT

Don't abandon our war heroes

THE arrest and pretrial detention of Admiral (Retired) D.N.S. Ulugetenne, former Commander of the Sri Lanka Navy, marks a troubling chapter in Sri Lanka's postwar political landscape.

4 min  |

August 12, 2025

Daily FT

Sri Lanka Customs hits record Rs. 231 b in July collections

Revenue up 118.4% compared to estimate of Rs. 195.05 b Jan.-July collections total Rs. 1.22 t, driven mainly by Rs. 303 b vehicle imports Customs Director-General Sarath Nonis says 2025 target set at Rs. 2.11 t; 60% already achieved

1 min  |

August 12, 2025

Daily FT

Govt. says 90% of external debt restructuring completed

THE Government has agreed on restructuring terms with more than 98% of its external creditors and has completed over 90% of its public external debt restructuring, according to a Treasury statement issued after an investment call hosted jointly by the Finance, Planning and Economic Development Ministry and the Central Bank of Sri Lanka (CBSL) on 31 July.

4 min  |

August 12, 2025

Daily FT

Almas ups stake in Galle Face Capital Partners to 10%

ALMAS Holdings Ltd., upped its stake in Galle Face Capital Partners PLC to over 10% last week.

1 min  |

August 12, 2025

Daily FT

Dialog delivers strong 1H 2025 performance

DIALOG Axiata PLC yesterday announced strong performance in the first half ended 30 June 2025.

3 min  |

August 12, 2025