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Daily FT

AI startups held back by lack of GPU clusters in Sri Lanka

INFORMATION Communication Technology Agency of Sri Lanka (ICTA) Board Member and Microimage Founder and CEO Harsha Purasinghe at a webinar last Saturday (27) on 'How AI Is Reshaping Jobs, Skills and the Workplace' said Artificial Intelligence (AI) is reshaping skills, workplaces, and business models, but Sri Lanka must urgently address gaps in computing capacity or Graphics Processing Unit (GPU) clusters, infrastructure, data readiness, and education to capture its potential.

3 min  |

September 29, 2025

Daily FT

First year of AKD Government: Is it RW in driving seat with a difference?

It was prudent on AKD’s part, as I had argued earlier in this series’, to continue with IMF's EFF to which Sri Lanka had entered during the previous RW’s presidency.

5 min  |

September 29, 2025

Daily FT

Former Standard Chartered banker Dharshan Jayaratne joins BOC Board

THE Finance Ministry has appointed former Standard Chartered banker Dharshan Jayaratne as an Independent, Non-Executive Director of Bank of Ceylon (BOC).

1 min  |

September 29, 2025

Daily FT

Lara De Zoysa launches Ceylon Tea Market in UK

Initiative by daughter of late Michael De Zoysa, brings together heritage brands, artisanal producers, tea tourism, learning and social impact under one umbrella

2 min  |

September 29, 2025

Daily FT

Sarvodaya's Rs. 1 b debenture issue opens on 8 October

SARVODAYA Development Finance PLC will open its Rs. 1 billion listed debenture issue on 8 October, with approval in principle received from the Colombo Stock Exchange (CSE).

1 min  |

September 29, 2025
Daily FT

Daily FT

Arimac Digital celebrates 14 years of human-centric innovation, powering global transformation with AI

ARIMAC Digital, the global Al-powered digital solutions provider, is celebrating 14 years of transforming industries, businesses, and communities through relentless innovation.

2 min  |

September 29, 2025

Daily FT

Colombo Rubber Traders' Association warns of industrywide fallout from SVAT removal

THE Colombo Rubber Traders' Association (CRTA) yesterday issued an urgent warning on the severe and far-reaching consequences of the Government's decision to abolish the Simplified Value Added Tax (SVAT) scheme effective 1 October.

2 min  |

September 29, 2025

Daily FT

Yohan Rathnayake powers Sri Lanka onto HYROX podium

FHIIT Founder delivers trophy moment, driving vision for healthier nation

2 min  |

September 29, 2025

Daily FT

Assetline Finance announces first-ever Rs. 5 b 'A' rated, listed, senior debenture issue

ASSETLINE Finance Ltd., (AFL), the flagship company under the financial services pillar of David Pieris Holdings, has announced the intention to raise up to Rs. 5 billion through an inaugural issuance of listed, rated, unsecured, senior, redeemable debentures in 2025.

1 min  |

September 29, 2025
Daily FT

Daily FT

IMF warns SL must entrench fiscal discipline to avoid repeat crisis

A September 2025 International Monetary Fund (IMF) Working Paper has said Sri Lanka's debt restructuring is nearing completion, but cautioned that fiscal discipline, stronger institutions, and careful debt management are essential to prevent a return to crisis.

4 min  |

September 29, 2025
Daily FT

Daily FT

The Management Club Colombo presents “Insights of Photography”

THE Management Club (TMC) Colombo recently held its first Members Speak event, titled “Insights of Photography: Tips and Tricks,” at the City Club Meet Room, Cinnamon Grand, Colombo.

3 min  |

September 29, 2025
Daily FT

Daily FT

Ruwanthi de Silva joins Eastern Merchants Board

EASTERN Merchants PLC has appointed Ruwanthi de Silva as an Executive Director to its Board.

1 min  |

September 29, 2025

Daily FT

South Asian Travel Awards 2025 honours late Harry Jayawardena with prestigious “Faces of South Asia” recognition

THE South Asian Travel Awards (SATA) 2025 concluded on a distinguished note with a special tribute to one of Sri Lanka’s most eminent business leaders, the late D.H.S. (Harry) Jayawardena.

1 min  |

September 29, 2025

Daily FT

TMC Colombo presents: “Setting up an operation in motion”

TMC Colombo will host an exclusive event under its distinguished “Members Speak\" series, featuring Ranee Ratnayeke — LCo. UK (D.Op), MBA Wanborough UK, an accomplished professional and entrepreneur.

2 min  |

September 29, 2025

Daily FT

Hilton Colombo completes guest room renovation project

Signals new era of growth and profitability Announces ongoing process in renegotiating its Management Agreement with Hilton Worldwide Management Corporation

2 min  |

September 29, 2025

Daily FT

Most awaited SLIM Effie 2025 Awards launches: Celebrating marketing effectiveness with global prestige

THE Sri Lanka Institute of Marketing (SLIM) has officially announced the launch of Effie Awards 2025, now hosted in Sri Lanka under the stewardship of SLIM for the 18th consecutive year.

1 min  |

September 29, 2025

Daily FT

QR code tea fertiliser subsidy with Rs. 4,000 discount from 1 Oct.

THE Government will roll out fertiliser subsidies for small and medium tea growers through a QR code-based system starting 1 October.

1 min  |

September 29, 2025
Daily FT

Daily FT

Reverse Osmosis water plant inaugurated at Hambantota District General Hospital

A Reverse Osmosis (RO) water plant was inaugurated in the OPD area of the District General Hospital, Hambantota, during the High Commissioner of India to Sri Lanka Santosh Jha's recent visit to the Southern Province.

1 min  |

September 29, 2025

Daily FT

CPSTL to enforce merit-based hiring and promotions

CEYLON Petroleum Storage Terminals Ltd., (CPSTL) last week said future decisions on recruitment, promotions, and transfers will be based solely on merit, free from political or personal influence.

1 min  |

September 29, 2025
Daily FT

Daily FT

Hayleys Solar secures Silver at Dragons of Sri Lanka 2025 for flagship "Nayak Nowana Nayak" campaign

HAYLEYS Solar, the renewable energy arm of Hayleys Fentons Ltd., has secured a Silver Award at the Dragons of Sri Lanka 2025, part of Dragons of Asia.

1 min  |

September 29, 2025
Daily FT

Daily FT

Govt. assures welfare of SL workers in Kuwait

Says SL Mission in Kuwait working closely with Kuwaiti authorities to resolve cases affecting Sri Lankan women housed at Government Shelter Notes at any given time, between 40 and 70 Sri Lankans sheltered at facility Stresses commitment to safeguarding dignity and welfare of SL workers overseas

1 min  |

September 29, 2025
Daily FT

Daily FT

Galle Dialogue 2025 highlights need of shaping collective responses to emerging maritime trends

WITH the Indian Ocean's trade routes, energy flows and fragile ecosystems under growing strain, Sri Lanka last week convened navies, policymakers and experts from across the world to chart a collective path forward.

4 min  |

September 29, 2025
Daily FT

Daily FT

Bhutan's Queen Mother commends MTI's strategy consulting contribution

MTI Consulting CEO Hilmy Cader, recently met with Tarayana Foundation Founding President Queen Mother of Bhutan Dorji Wangmo Wangchuck, for whom MTI had the privilege of developing the strategic plan.

1 min  |

September 29, 2025
Daily FT

Daily FT

Abans Group Director Dr. Saroshi Dubash honoured with 'Sri Lanka Woman Leader' at World Women Leadership Congress & Awards

ABANS Group Director Dr. Saroshi Dubash has been honoured with the title 'Sri Lanka Woman Leader' at the World Women Leadership Congress & Awards' Sri Lanka Woman Leaders event, held at Taj Samudra Colombo on 10 September.

3 min  |

September 29, 2025

Daily FT

Viksit Bharat Run 2025

THE High Commission of India in Colombo, jointly with MY Bharat under the Youth Affairs and Sports Ministry of India, and in collaboration with the Indian Cultural Association, organised the Viksit Bharat Run 2025 yesterday (28), starting from the iconic Galle Face Green in Colombo.

2 min  |

September 29, 2025

Daily FT

MullenLowe's Dr. Sohan Dharmarajah represents Sri Lanka at BrandGuff 2025 in Nepal

MULLENLOWE Sri Lanka Chief Technology Officer and Director of AI/MarTech Services Dr. Sohan Dharmarajah, took centre stage as a featured speaker at BrandGuff 2025, a branding and marketing conference held recently at The Plaza, Lalitpur.

1 min  |

September 29, 2025

Daily FT

India lift Asia Cup for ninth time in tense final

Pakistan lose nine wickets for 33 runs in low-scoring match

2 min  |

September 29, 2025
Daily FT

Daily FT

Cultivating circular futures: Youth as agents of change

ON 29 September, the world marks the International Day of Awareness on Food Loss and Waste, highlighting one of humanity’s pressing paradoxes.

3 min  |

September 29, 2025
Daily FT

Daily FT

Kaya Daluwatte and Chanaka Perera reach Amateur Championship finals

THE 134th Sri Lanka Amateur Golf Championship, the second oldest amateur tournament in the world, sponsored by CEAT Europe, is set for a thrilling finale as two of Sri Lanka's finest talents, Chanaka Perera and Kaya Daluwatte booked their places in the Championship finals.

1 min  |

September 29, 2025
Daily FT

Daily FT

India, Sri Lanka hold second meeting of Joint Working Group on renewable energy

THE Second Meeting of the India-Sri Lanka Joint Working Group (JWG) on renewable energy was held virtually on 23 September 2025.

1 min  |

September 29, 2025