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Cabinet clears republishing Rubber Control Act amendment

Daily FT

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April 30, 2025

THE Cabinet of Ministers on Monday cleared republishing and resubmitting the proposed amendment to the Rubber Control Act No. 11 of 1956, following delays caused by the dissolution of Parliament in September last year.

The draft amendment, prepared by the Legal Draftsman's Department, had initially received Cabinet approval on 26 February 2024 to be published in the Government Gazett

Daily FT से और कहानियाँ

Daily FT

UN warns "world is not prepared” for escalating climate disasters

THE United Nations yesterday issued a stark warning that the world is increasingly vulnerable to extreme weather events, with current systems, financing and infrastructure far from adequate to handle the accelerating pace and scale of dimate-related disasters.

time to read

2 mins

December 12, 2025

Daily FT

Assetline Finance's landmark Rs. 5 b listed debt issue oversubscribed

Subscription list closes on opening day as investors grab initial offer and option

time to read

1 min

December 12, 2025

Daily FT

Daily FT

US Fed delivers third rate cut of the year

THE US Federal Reserve lowered its benchmark federal funds rate by 25 basis points on Wednesday to a range of 3.5%-3.75%, marking the third cut this year.

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1 min

December 12, 2025

Daily FT

ADB grants $ 200 m loan for water, food security in North Central Province

THE Asian Development Bank (ADB) yesterday said it has approved a $ 200 million loan to support the ongoing Mahaweli Development Program, Sri Lanka's largest multi-use water resources development initiative.

time to read

2 mins

December 12, 2025

Daily FT

Daily FT

Banking assets up 16% YoY to Rs. 24.5 t in 9M

THE banking industry expanded its balance sheet in the nine months to end-September 2025, with total assets increasing to Rs. 24.5 trillion and Profit After Tax (PAT) rising to Rs. 279 billion, according to Central Bank data.

time to read

1 min

December 12, 2025

Daily FT

Daily FT

Cabinet green lights procuring range of vehicles and equipment to boost primary health care system

THE Cabinet of Ministers on Wednesday approved the procurement of a wide range of vehicles and equipment to improve the country's primary health care system.

time to read

1 mins

December 12, 2025

Daily FT

Daily FT

Cabraal discharged on condition he compensates Central Bank in three months

Lawyer argues his client had no intention of causing financial loss to GoSL

time to read

2 mins

December 12, 2025

Daily FT

Daily FT

New 3% concessionary loan scheme to support 130,000 MSMEs from next year

IN a bid to revitalise micro, small, and medium enterprises (MSMEs) affected by recent disasters, the Government has decided to launch the RE-MSME PLUS and RE-MSME Disaster Relief loan schemes from 2026.

time to read

1 min

December 12, 2025

Daily FT

Daily FT

A new era for microfinance and money lending in Sri Lanka

Understanding the Microfinance & Credit Regulatory Authority Act 2025

time to read

4 mins

December 12, 2025

Daily FT

US ready for tariff talks with Sri Lanka

THE President's Media Division yesterday said that visiting US Under Secretary of State for Political Affairs Allison Hooker has conveyed to President Anura Kumara Dissanayake that the US has drawn its attention to restarting tariff negotiations with Sri Lanka.

time to read

1 min

December 12, 2025

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