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President meets IMF delegation ahead of next EFF review

Daily FT

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July 22, 2025

Outlines economic challenges; reiterates importance of incorporating measures to ease burden on people in 2026 Budget Discusses facilitating investment through policy reforms, tariff concessions

PRESIDENT Anura Kumara Disanayake yesterday held key discussions with representatives of the International Monetary Fund (IMF), focusing on the upcoming review of the Extended Fund Facility (EFF).

During the meeting held at the Presidential Secretariat, Disanayake highlighted the economic stability achieved under the Government and expressed readiness to accelerate efforts to integrate Sri Lanka into the global economy through sustainable growth and the pursuit of emerging economic opportunities.

The President also outlined the country's present economic challenges and reiterated the importance of incorporating measures to ease the burden on the public in the 2026 Budget despite these constraints.

Daily FT से और कहानियाँ

Daily FT

Daily FT

LOLC Group drives Ceylon Motor Show 2025 as exclusive sponsor

THE LOLC Group, has announced its partnership as the exclusive Sponsor of the Ceylon Motor Show 2025, largest and only international-standard automotive exhibition in the country.

time to read

2 mins

October 14, 2025

Daily FT

Daily FT

South Africa hold nerve to beat Bangladesh in classic thriller

ICC WOMEN'S CRICKET WORLD CUP

time to read

2 mins

October 14, 2025

Daily FT

Daily FT

Coca-Cola appoints Mario Perera as Country Head for Sri Lanka and Maldives

THE Coca-Cola Company yesterday announced the appointment of Mario Perera as Country Head fo Sri Lanka and the Maldives With over 14 years of experience in the food and beverage (F&B) industry, Mario brings extensive regional and global leadership experience, having managed global brands across multiple countries.

time to read

1 min

October 14, 2025

Daily FT

World Elite acquires 50% Gestetner stake for Rs. 318.7 m

GESTETNER of Ceylon PLC yesterday said that Hong Kong-based World Elite Ltd. has acquired a controlling 50.01% stake in the company through trades executed in the market.

time to read

1 min

October 14, 2025

Daily FT

Daily FT

Court upholds fair access for tourism operators in Samanalawewa

ECO Team Group, the pioneer of canoeing and kayaking in Samanalawewa, has welcomed a recent Court of Appeal ruling reinforcing fair and transparent access to the lake for all tourism operators.

time to read

1 min

October 14, 2025

Daily FT

Daily FT

NDB Bank partners DIMO to expand customer-friendly leasing solutions

NDB Bank recently entered into a Memorandum of Understanding (MoU) with DIMO to extend affordable and accessible leasing facilites to.a wide spectrum of customers.

time to read

1 mins

October 14, 2025

Daily FT

Daily FT

Deutsche Bank says SL at turning point; will step up support

GERMANY'S multinational financial services giant Deutsche Bank last week said with macroeconomic indicators improving Sri Lanka is at a turning point and it will step up being a conduit for global capital, enabling trade and investment.

time to read

2 mins

October 14, 2025

Daily FT

Daily FT

Colombo Port posts Rs. 32 b profit YTD Aug. 2025

SLPA says will reinvest earnings to boost transshipment hub status

time to read

1 min

October 14, 2025

Daily FT

Daily FT

Abans Group Director Dr. Dubash honoured with Visionary Leadership Award

ABANS Group has announced that Group Director Dr. Saroshi Dubash has been recognised with the ‘Visionary Leadership in Organizational Excellence’ Award at the 15th Top 50 Professional & Career Women Global Awards 2025, held at Shangri-La Colombo on 9 October.

time to read

1 mins

October 14, 2025

Daily FT

Daily FT

Indian banks can lend in INR in SL, Bhutan, and Nepal

THE Reserve Bank of India has amended regulations allowing Indian banks to extend loans in Indian rupees (INR) to banks and individuals residing in Sri Lanka, Bhutan, and Nepal.

time to read

1 min

October 14, 2025

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