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Sri Lanka emerging as Asia's next start-up and innovation hub

Daily FT

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September 20, 2025

35 global investors for Venture Engine Finale; PAYTM Founder keynote at Disrupt Asia

SRI Lanka's rapidly growing startup ecosystem is drawing increasing regional and global attention, positioning the country as a rising innovation hub in Asia.

With a strong ICT sector, high literacy rates, and a growing pool of skilled professionals, Sri Lanka is primed to become a hotbed for technology startups and product innovation.

Key highlight this year is the arrival of over 35 global investors attending the Venture Engine Finale, alongside the Disrupt Asia conference, creating an unprecedented opportunity for Sri Lankan startups to connect with leading venture capitalists and industry experts from APAC, MENA, Europe, and the United States.

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Daily FT

SLTDA to unveil tourism revenue leakage survey end of this month

Chairman Buddhika Hewawasam says new survey to measure true economic impact Survey follows a revision of daily tourist spending estimates from $ 171 to $ 148

time to read

2 mins

January 07, 2026

Daily FT

Ditwah-hit export crop farmers to get relief package

Pepper, coffee, and cardamom farmers receive up to Rs. 425,000 per hectare for replanting Department of Export Agriculture provides seedlings free of charge to affected cultivators

time to read

1 min

January 07, 2026

Daily FT

SC Judge urges lawyers against monetising data protection disputes

Supreme Court Judge Arjuna Obeyesekere yesterday urged the legal profession against turning uncertainty around data protection into a wave of opportunistic litigation, warning that such an approach could weaken trust in Sri Lanka's emerging digital framework.

time to read

1 min

January 07, 2026

Daily FT

Sri Lanka must avoid digital economy racing ahead of trust architecture

Supreme Court Judge Arjuna Obeyesekere cautions, delivering key note at 2nd National Data Protection Symposium Notes Personal Data Protection Act is foundation, not guarantee, of digital trust Questions readiness of laws to deal with rising Al-driven decision-making mechanisms amid concerns about fairness and accountability Data Protection Authority Chairman Rajeeva Bandaranaike maps out next steps toward operationalising the regulatory body

time to read

5 mins

January 07, 2026

Daily FT

Daily FT

People's Leasing & Finance welcomes 2026 under theme "People's Trust, Empowering People"

PEOPLE'S Leasing & Finance PLC (PLC) officially ushered in the New Year with a ceremonial event at its Head Office, under the theme: “People's Trust, Empowering People.”

time to read

2 mins

January 07, 2026

Daily FT

Daily FT

Graveside memorial service tomorrow to mark 17th anniversary of Lasantha’s assassination

THE 17th anniversary of the assassination of The Sunday Leader founder Editor-in-Chief Lasantha Wickrematunge, which falls on 8 January, will be marked with a service at his graveside.

time to read

1 min

January 07, 2026

Daily FT

NEM Construction gets Rs. 699.56 m Mahaivawa railway line project

THE Cabinet of Ministers at their meeting on Monday approved awarding the contract for the construction of an underground concrete way below the Mahaiyawa railway line on the Kandy-Jaffna road (A-009) to NEM Construction Ltd. for Rs. 699.58 million (without tax).

time to read

1 min

January 07, 2026

Daily FT

Daily FT

NOLIMIT expands to North with grand opening of 28th store in Jaffna

NOLIMIT has announced the grand opening of its 28th store in the heart of Jaffna, a city celebrated for its distinct Northern identity, deep-rooted traditions, and a culture shaped by heritage, learning, and close-knit community life.

time to read

2 mins

January 07, 2026

Daily FT

South Asian Technologies gets 5-year contract to supply new vehicle number plates amid registration backlog

Cabinet Spokesman says Govt. ends a long-standing monopoly in number plate supply Notes new licence plates will not increase costs to vehicle owners, aims to improve State revenue collection

time to read

1 mins

January 07, 2026

Daily FT

Wealth Trust Securities starts trading on CSE Diri Savi Board today

SHARES of Wealth Trust Securities Ltd. (WTS), following the successful completion of its Initial Public Offering (IPO), will commence trading today on the Colombo Stock Exchange's Diri Savi Board under the ticker symbol \"WLTH-N-0000\"

time to read

1 min

January 07, 2026

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