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Govt. to step back from running businesses, focus on facilitation

Daily FT

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September 15, 2025

Industry and Entrepreneurship Development Minister Sunil Handunneththi outlines plans to liquidate 33 non-functional SOEs Says many SOEs originally set up to provide public services or promote strategic economic activities are defunct institutions and no longer relevant Notes move is part of Govt.s broader reform agenda to rationalise State ownership, improve efficiency and allow private sector-led growth

INDUSTRY and Entrepreneurship Development Minister Sunil Handunneththi last Friday asserted that the Government's primary role is to create a conducive environment for businesses to thrive, rather than directly managing enterprises.

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Daily FT

What to do about Online Safety Act?

MOST important question is what the Government wants to do.

time to read

3 mins

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Daily FT

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Chief Selector says SL’s biggest drawback is lack of consistency

7-4 combination is the way forward in upcoming ICC Men's T20 World Cup says Chief Cricket Selector Upul Tharanga

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3 mins

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Daily FT

Daily FT

Geoffrey Bawa Trust reveals re-designed design store

THE Geoffrey Bawa Trust has announced the much anticipated opening of the Bawa Design Store on Saturday, 11 October.

time to read

2 mins

October 10, 2025

Daily FT

Daily FT

Baihu opens in Colombo

Brings Pan-Asian dining experience rooted in myth, flavour, and community

time to read

1 mins

October 10, 2025

Daily FT

Secondary Bond market yields consolidate

THE secondary Bond market yesterday remained subdued for a third consecutive session, reflecting the same restrained sentiment observed earlier in the week.

time to read

1 min

October 10, 2025

Daily FT

IMF says reducing debt stock alone insufficient

Debt restructuring nearly complete, $ 500 m outstanding

time to read

3 mins

October 10, 2025

Daily FT

Daily FT

Turning disaster into opportunity

WHEN the Indian Ocean tsunami reached Myanmar's coast in 2004, the Moken people had already sought safety on higher ground.

time to read

3 mins

October 10, 2025

Daily FT

JF Packaging gets CSE nod for Rs. 600 m IPO

LANKEM Ceylon PLC yesterday announced that its subsidiary, JF Packaging Ltd., has received approval in principle from the Colombo Stock Exchange (CSE) to list its Ordinary Voting Shares through an Initial Public Offering (IPO).

time to read

1 min

October 10, 2025

Daily FT

IMF praises Sri Lanka, but ties $ 347 m tranche to 2026 Budget

Fifth Review under $ 3 b program completed

time to read

3 mins

October 10, 2025

Daily FT

NCINGA gets MOSIP certification

Strategically placed to drive secure, inclusive digital identity systems worldwide

time to read

2 mins

October 10, 2025

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