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Daily FT

Daily FT

ICCSL urges stronger taxpayer education, safeguards in new policy paper

Calls for nationwide taxpayer education via digital tools, outreach and workshops Proposes simplified communication for public and detailed guidance for professionals Recommends stronger data privacy and cybersecurity protections for taxpayers Suggests a dedicated Charter Monitoring Unit within Inland Revenue Department

1 min  |

September 30, 2025

Daily FT

Microfinance specialist Ravi Tissera joins LB Finance Board

LB Finance PLC has appointed Ravi Tissera to its Board as an Executive Director.

1 min  |

September 30, 2025

Daily FT

Mandarina Colombo and Marine Bay Colombo shine at South Asian Travel Awards 2025

TWO flagship hotels under the Macksons Hotels portfolio — Marine Bay Colombo and Mandarina Colombo — brought home top honours at the prestigious South Asian Travel Awards (SATA) 2025.

1 min  |

September 30, 2025

Daily FT

Jan.-Aug. 2025 Budget deficit Rs. 411 b; falls 55% YoY

THE Government continues to improve its fiscal performance with the overall Budget deficit for the first eight months of 2025 falling 54.88% from a year ago to Rs. 411 billion, according to the latest data released by the Central Bank of Sri Lanka (CBSL).

1 min  |

September 30, 2025

Daily FT

CA Sri Lanka present Budget 2026 proposals

THE Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) yesterday announced that it has formally presented its proposals for the forthcoming National Budget 2026 to the Government.

1 min  |

September 30, 2025
Daily FT

Daily FT

Building global brands at home: AOD enriches Sri Lanka's creative economy with another entrepreneurial success

CREATIVITY is often the defining capital behind profitable ventures. This was most recently seen in the wide global recognition of entrepreneur Nawoda Bandara, taking Sri Lankan fashion international, with the support of AOD.

2 min  |

September 30, 2025

Daily FT

Ceylinco Life team participates in leadership training in Malaysia

AN eight-member team from Ceylinco Life recently attended a five-day training program in Kuala Lumpur, Malaysia, on the theme 'Lead Forward'.

1 min  |

September 30, 2025
Daily FT

Daily FT

Hayleys Leisure shines at South Asian Travel Awards 2025

HAYLEYS Leisure continues to elevate Sri Lanka’s presence in the regional hospitality scene, clinching three coveted accolades at the South Asian Travel Awards (SATA) 2025, South Asia's premier recognition platform for excellence in tourism and hospitality.

1 min  |

September 30, 2025

Daily FT

Perera, Daluwatte crowned champions at Sri Lanka Amateur Golf 2025

ONE of Sri Lanka's top amateur golfers, Chanaka Perera won the Gents segment at the 134th Sri Lanka Amateur Golf Championship 2025 when he got the better of Saad Habib Malik of Pakistan after 36 holes at the Roya Colombo Golf Club last weekend.

1 min  |

September 30, 2025
Daily FT

Daily FT

Ranil’s resolve to end rule of law

“The reactionary is always willing to take a progressive attitude on any issue that is dead” - Theodore Roosevelt

5 min  |

September 30, 2025
Daily FT

Daily FT

US investment outlook flags Sri Lanka’s stalled SOE privatisation, labour laws

Stalled CEB privatisation blocks cost-effective energy for industries Investors cite high costs, policy shifts and opaque procurement Rigid labour rules, emigration and weak protections limit flexibility US firms eye ICT, energy, aviation and defence

2 min  |

September 30, 2025

Daily FT

BASL defends lawyers’ car passes, says Gazette does not apply

THE Bar Association of Sri Lanka (BASL) has written to the Inspector General of Police to clarify the position on lawyers’ car passes, following recent public debate on the issue.

1 min  |

September 30, 2025
Daily FT

Daily FT

United Motors debuts all-new 2025 Mitsubishi lineup in Sri Lanka

UNITED Motors, the exclusive distributor for Mitsubishi Motors in Sri Lanka for over four decades, has announced the arrival of the versatile 2025 Mitsubishi range.

1 min  |

September 30, 2025

Daily FT

MCA Super Premier League semi-final: Hayleys Group beat CDB by 63 runs

SKIPPER, Ramesh Mendis with a swashbuckling unbeaten 153 runs in 137 balls, inclusive of 11 sixes and eight fours and a fine spell of pace bowling by opening bowler, Kavishka Anjula (eight overs 28 runs four wickets) guided Hayleys Group to a fine 63 runs win over CDB, in the 32nd Singer - MCA Super Premier League “Knock - out” tournament 2025 top half semifinal played on 27 September at the MCA Grounds.

1 min  |

September 30, 2025

Daily FT

Secondary Bond market activity subdued

Bloomberg Economics projects September CCPI at + 2.50% YOY Rupee depreciates marginally

2 min  |

September 30, 2025

Daily FT

Siyapatha Finance appoints CEO-designate

SIYAPATHA Finance PLC yesterday said that it has appointed its Chief Strategy Officer Mathisha Hewavitharana as CEOdesignate with effect from 1 October.

1 min  |

September 30, 2025

Daily FT

People's Bank partners Toyota Lanka to launch exclusive Auto Loan Facility

PEOPLE'S Bank has partnered with Toyota Lanka Ltd., to launch an exclusive Auto Loan Facility, providing Sri Lankans with an enhanced opportunity to realise their dream of vehicle ownership.

1 min  |

September 30, 2025

Daily FT

Through deepfakes and data breaches, CEOs must lead cybersecurity battle

From a financial services perspective, Visa Consulting and Analytics, Asia Pacific Risk Practice Lead Sen Dibyajyoti described the escalating scale of fraud in digital payments.

3 min  |

September 30, 2025
Daily FT

Daily FT

Can Gaza be saved by the UN General Assembly through a 1950 Resolution?

AN immediate ceasefire in Palestine, which is being bombed every 8-9 minutes according to the UN spokesperson Stephane Dujarric, was deadlocked at the Security Council last week through a veto by the United States of America. A deadlock which blocked a potential halt to the killing of civilians at a scale and intensity that the world has not seen in living memory outside of World War II.

4 min  |

September 30, 2025

Daily FT

Aitken Spence Travels South Asia's best

AITKEN Spence Travels once again demonstrated its industry leadership by winning South Asia’s Best Inbound Travel Agent and Best Cruise Travel Agent for the third consecutive year at the 9th annual South Asian Travel Awards (SATA), held recently at a glittering gala in Colombo, SriLanka.

1 min  |

September 30, 2025

Daily FT

CSE begins new week on the up

THE Colombo stock market yesterday opened the week on the up with plantation stocks driving turnover and the bourse extending its bullish run for more than a week.

2 min  |

September 30, 2025

Daily FT

Elephant in the room

THE recent sentencing of Niraj Roshan, widely known as Ali Roshan, to 15 years in prison and a fine exceeding Rs. 20 million marks the first time a high-profile wildlife smuggler has been held accountable in our courts. Roshan was convicted of unlawfully keeping five elephants without valid permits.

2 min  |

September 30, 2025

Daily FT

CSLEIS 2025 explores export diversification

THE Sri Lanka Economic & Investment Summit 2025, themed “Gateway to Growth: Asia’s Emerging Opportunity”, will be held on 2 and 3 December at the Shangri-La, Colombo. A key sector deep dive on day one will examine how Sri Lanka can broaden its export base and deliver sustained growth through diversification.

1 min  |

September 30, 2025

Daily FT

Carmart unveils Leapmotor C10 to combat EV range anxiety

ONE of the greatest concerns consumers have about choosing an electric vehicle is range anxiety from running out of charge, especially in a deserted area. Carmart provided a solution to this with the Leapmotor C10 REEV (Range Extender EV) — an electric SUV that doesn’t need to be plugged in and charged

1 min  |

September 30, 2025

Daily FT

Trinity beat Royal in hockey

TRINITY College beat Royal College 1/0 at the Under 20 Annual Hockey Big Match played at the Astro Turf Colombo 7 recently. This encounter was played for J C Corea Challenge Shield.

1 min  |

September 30, 2025

Daily FT

Fox Jaffna wins Silver for 'Leading Heritage Hotel/Resort' at South Asian Travel Awards for fourth consecutive year

FOX Jaffna by Fox Resorts has been honoured with the Silver Award for 'Leading Heritage Hotel/Resort' at the prestigious South Asian Travel Awards (SATA) 2025.

1 min  |

September 30, 2025

Daily FT

INSEE Sanstha Cement takes global stage in Kotler's Essentials of Modern Marketing - Sri Lanka Edition

INSEE Cement's flagship brand, INSEE Sanstha Cement, has been featured as a case study in the firstever Sri Lanka edition of Essentials of Modern Marketing (EOMM) by globally renowned marketing pioneer, Prof. Philip Kotler.

1 min  |

September 29, 2025

Daily FT

Sri Lankan entity to manage, operate Digital Identity platform; procurement process commences

THE Digital Economy Ministry, together with the Information Communication Technology Agency (ICTA), has commenced the selection and procurement process for a Sri Lankan origin Managed Service Provider (MSP), to be tasked with managing and operating the Sri Lanka Unique Digital Identity (SLUDI) platform.

1 min  |

September 29, 2025
Daily FT

Daily FT

Sri Lanka and AKD shine at Expo 2025 Osaka

At National Day ceremony, President Disanayake says SL faced continuous challenges; now rebuilding sustainable and inclusive economy Insists prosperity will ensure improved quality of life for every citizen Japan still recalls 1951 noble gesture by then-President JR

4 min  |

September 29, 2025
Daily FT

Daily FT

First Capital empowers Jaffna with insights on capital market growth

FIRST Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group), successfully hosted an exclusive event titled “Discover how capital markets can help grow your wealth” at The Thinnai Hotel, Jaffna. Organised in collaboration with The Management Club — Jaffna and the Jaffna Manager's Forum (JMF), the event brought together business leaders, professionals, and entrepreneurs from the northern region to explore opportunities within Sri Lanka's capital markets.

1 min  |

September 29, 2025