Newspaper
Daily FT
ICC announces Sanjog Gupta as new Chief Executive Officer
THE International Cricket Council has announced the appointment of Sanjog Gupta as their new Chief Executive Officer.
1 min |
July 08, 2025
Daily FT
Fairfirst Insurance wins three awards
FAIRFIRST Insurance has once again reinforced its position as a leader in the general insurance industry, with its unwavering commitment to service excellence and innovation being recognised at the Global Banking & Finance Awards 2025.
1 min |
July 08, 2025
Daily FT
Sri Lanka reboots Tourist VAT Refund Scheme to boost local purchases
THE Inland Revenue Department (IRD) last Friday officially revived its Tourist VAT Refund Scheme (TVRS) to incentivise visitor spending on local goods and encourage greater formal-sector activity in the retail trade.
1 min |
July 07, 2025
Daily FT
Private sector borrowing picks up in May
PRIVATE sector borrowing picked up in May to Rs. 133 billion, resulting in the outstanding amount crossing the Rs. 8.6 trillion mark after a low demand in holidays-filled April.
1 min |
July 07, 2025
Daily FT
Is Sri Lanka ready for the long road to sustained recovery?
IN my article “Is Sri Lanka’s recovery sustainable?” published in the Daily FT on 18 January 2024, I argued that Sri Lanka’s economy could rebound relatively quickly, despite the severe economic collapse and loss of market confidence in 2022.
10+ min |
July 07, 2025
Daily FT
Govt. clarifies no new tax on e-commerce
TREASURY Secretary Dr. Harshana Suriyapperuma yesterday clarified that the Government has not imposed any new tax on e-commerce transactions, whilst expressing willingness to explore a 'de minimus' system, similar to that used in many countries.
3 min |
July 07, 2025
Daily FT
Home Lands Group buys 1 acre land in Thummulla for record Rs. 4.5 b
Says deal at Rs. 29 m per perch is largest land transaction in Colombo
1 min |
July 07, 2025
Daily FT
Sri Lanka hopeful of positive outcome amid US tariff deadline looms: Treasury Secy.
WITH just a couple of days remaining ahead of the crucial 9 July deadline to negotiate reciprocal tariffs adjustments, Sri Lanka is pinning its hopes on a posi- tive breakthrough which would not hamper its economic recovery efforts.
2 min |
July 07, 2025
Daily FT
Softlogic taps global expertise; announces key new appointments
THE Softlogic Group, one of the largest conglomerates in the country, has announced the appointments of Kong Leong Chan as Adviser to Chairman Ashok Pathirage, Terry O’Connor OBE as Chief Executive Officer of Odel PLC and Strategic Adviser to Chairman on Retail Sector, and Sid Solanki as Chief Executive Officer — Leisure Sector and Group Asset Management.
3 min |
July 07, 2025
Daily FT
Tourism earnings rise 10% YoY to $ 1.7 b in 1H
June tourism revenue grows 12% YoY to $ 169.5 m, but still second lowest this year
2 min |
July 07, 2025
Daily FT
Middlemen in shipping and logistics at it again, lobbying for anti-competitive charges on exporters and importers?
It was reported last week at the AGM of the Non-Vessel Operating Agents (NVOCC) under the banner of SLANA (Sri Lanka Association of NVOCC Agents) calling for “reinstatement of terminal handling charges”.
5 min |
July 07, 2025
Daily FT
Over 350 students from Southern Province awarded Rs. 100,000 each for A/ L excellence
A total of 361 students from the Southern Province who excelled in the G.C.E. Advanced Level (A/L) examinations in 2023 and 2024 were awarded an incentive of Rs. 100,000 each yesterday under a program launched by the Presidential Fund to recognise outstanding district-level performers.
2 min |
July 07, 2025
Daily FT
Trinity, Wesley and Thomians continue unbeaten run
AS Round 1 of the 2025 Dialog Schools Under-19 Rugby League concluded, three powerhouses — Trinity College, Wesley College, and S. Thomas’ College — remained unbeaten, setting the early benchmarks for excellence with Round 2 to commence with a week’s break for the tired rugby players.
2 min |
July 07, 2025
Daily FT
Vehicle Revenue Licence system temporarily off
THE Information and Communication Technology Agency of Sri Lanka (ICTA) yesterday announced the temporary unavailability of the vehicle Revenue Licence system (eRL 2.0).
1 min |
July 07, 2025
Daily FT
Fifty years of faith, forgiveness, and fearless advocacy
ON 29 June 2025, Cardinal Malcolm Ranjith celebrated 50 years in the priesthood—a significant milestone in a life dedicated to faith, service, justice, and the pursuit of peace.
3 min |
July 07, 2025
Daily FT
Secondary Bond market yields edge down on shorter tenors
Foreign holdings in Rupee treasuries records net outflow for third consecutive week Money market liquidity reduces Rupee depreciates
2 min |
July 07, 2025
Daily FT
Hotel Asia Exhibition and International Culinary Challenge 2025 returns with renewed momentum
Twin events bring Maldives together with global hospitality industry
2 min |
July 07, 2025
Daily FT
Etihad Airways launches debut flights to Atlanta
UAE national airline Etihad Airways has touched down in Atlanta for the first time, expanding its US footprint and connecting the cultural and commercial heart of the US Southeast with Abu Dhabi and beyond.
1 min |
July 07, 2025
Daily FT
CSE, SEC, SLID, and KPMG host Family Business Forum
Multi-stakeholder initiative puts spotlight on “Building a Lasting Family Legacy: A Strategic Approach to Growth and Continuity”
3 min |
July 07, 2025
Daily FT
Appreciation: Rienzie Wijetilleke is no more but his name remains in our hearts forever
THE iconic banker Rienzie Wijetilleke has left us forever. Naturally, his departure leaves a lot of sorrowful feelings in our hearts. Yet his gentlemanly disposition and professionalism to the letter leaves us with awe and admiration. I have already penned his contribution to the banking industry in a previous article in this series. This appreciation draws heavily on that article.
9 min |
July 07, 2025
Daily FT
To save its famed tea, Sri Lanka must look to the soil
IN the cool mist of the central highlands, the legacy of Ceylon tea still stands proud—a story steeped in flavour, heritage, and a quality that commands global respect.
5 min |
July 07, 2025
Daily FT
Colombo Dockyard enters into strategic collaboration with Mazagon Dock Shipbuilders of India
Strengthening Sri Lanka's maritime industry and enhancing national economic growth
8 min |
July 07, 2025
Daily FT
Lenovo powers into Al decade: Transforms everyday tech in Sri Lanka
WITH over two decades of presence in Sri Lanka, Lenovo is ramping up its regional presence and bringing a new wave of innovation powered by Artificial Intelligence (AI).
1 min |
July 07, 2025
Daily FT
Rocell honours craftsmanship with exclusive event for Installer's Club top members
ROCELL, one of Sri Lanka's leaders in surface coverings and high-grade bathware, recently honoured and celebrated the top members of the Rocell Installer’s Club with an exclusive appreciation event at Courtyard by Marriott in Colombo. Over 100 skilled professional tilers from across the island came together for the event, which acknowledged their crucial role in Rocell's ongoing success and dedication to fine craftsmanship.
1 min |
July 07, 2025
Daily FT
A tribute to Rienzie Wijetilleke
MY association with Rienzie Wijetilleke began early in my life, through the Old Wesleyites Sports Club and later the Old Boys' Union of Wesley College. He was much more than just an old boy — he was a mentor, a guide, and a true Wesleyite at heart.
1 min |
July 07, 2025
Daily FT
Changing dynamics of family business: Creating value across generations
ZZ Turnaround Solutions, specialising in guiding businesses and families through critical transitions with precision, expertise and care, says family businesses are often characterised by their deeply ingrained values, strong sense of identity, and long-term vision.
1 min |
July 07, 2025
Daily FT
Lasitha, Sithumina appointed as Executive Directors
A key leadership announcement was made as Lasitha Wimalaratne has been appointed as an Executive Director of HNB Assurance PLC, while Sithumina Jayasundara has been appointed as an Executive Director of HNB General Insurance Ltd.
2 min |
July 07, 2025
Daily FT
Freeport Operators' Association maiden AGM marks landmark step for logistics industry
THE inaugural Annual General Meeting (AGM) of the Freeport Operators' Association was held at the Kingsbury Hotel Colombo on 19 May, marking a significant milestone for Sri Lanka's logistics and freeport sector.
3 min |
July 07, 2025
Daily FT
Sri Lanka 'A' hit back to win second unofficial ODI
Australia 'A' beaten by 51 runs
1 min |
July 07, 2025
Daily FT
Sri Lanka Association of NVOCC Agents holds 8th AGM
THE Sri Lanka Association of NVOCC Agents (SLANA) recently held its eighth Annual General Meeting with Deputy Minister of Ports and Civil Aviation Janitha Ruwan Kodithuwakku as the Chief Guest and Worldlink Shipping Colombo Ltd., Director Marketing Swabha Wickramasinghe as the Chairperson for the second term.
4 min |