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Daily FT

Daily FT

League intensifies as SPC conducts Science experiments

NOT to be confused with the State Pharmaceuticals Corporation, but St. Peter's College carried out lethal experiments on Science College in a plot to thicken their game, prior to their big weekend of the season.

9 min  |

June 25, 2025

Daily FT

UK-based investor Hosking Partners expresses fresh bullishness on Sri Lanka

A top investor in listed Lankan equities from the UK, Hosking Partners LLP has said its Sri Lankan holdings have more than doubled in price since the start of 2023, yet it remains bullish.

1 min  |

June 25, 2025
Daily FT

Daily FT

Sri Lanka: You will come back for more

AT Hosking Partners we have no explicit 'mandate' to be invested in emerging markets (EM). But over the past four decades, these markets have regularly presented opportunities to deploy our contrarian 'go anywhere' approach.

4 min  |

June 25, 2025

Daily FT

Israel-Iran ceasefire sparks relief rally

THE secondary bond market yesterday saw yields decline as the news that US President Donald Trump announced a ceasefire between Israel and Iran sparked a recovery on the back of renewed buying interest.

2 min  |

June 25, 2025
Daily FT

Daily FT

Sri Lanka, Bangladesh to continue to trade punches

SRI Lanka and Bangladesh will trade punches with the hope of putting maximum points on the board when they meet in the second Test of the ICC World Test Championship new cycle (2025-27) commencing at the SSC grounds today.

4 min  |

June 25, 2025
Daily FT

Daily FT

Did we commit genocide in the Vanni?

INNOCENT until proven guilty is a fundamental of our judicial system, however no such standard has been applied to the events of the final stage of the war which ended at Nandikadal.

10 min  |

June 25, 2025

Daily FT

Israel-Iran ceasefire off to rocky start, drawing Trump's ire after fanfare

Trump slams Netanyahu for truce violation, says it is still in effect and that he is not seeking regime change in Iran

2 min  |

June 25, 2025
Daily FT

Daily FT

International donors raise alarm over changes to Electricity Act

World Bank/IFC, ADB and JICA jointly make representations to Energy Minister Flags off concerns over amendments concerning Permanent Government Ownership; National Transmission Network Service Provider; Distribution Company; Role of the regulator in tariff setting Cautions changes could undermine overarching objectives of the Electricity Act and the commitments made by Govt. ensuring high quality of service to consumers at affordable prices Move could weaken attractiveness of Sri Lanka for investors, contrary to Govt.s intentions

3 min  |

June 25, 2025
Daily FT

Daily FT

Ancient engineers would be ashamed: Rebuilding Sri Lanka with light

CENTURIES before the world debated net-zero targets or climate resilience, Sri Lanka was living the principles of sustainability.

4 min  |

June 25, 2025

Daily FT

Govt. moves to establish National Tourism Council soon: Deputy Minister

THE Government is set to consolidate its fragmented tourism governance structure through the creation of a powerful National Tourism Council, with policy paper already submitted to the Cabinet of Ministers approval last week.

1 min  |

June 25, 2025

Daily FT

Middle East ceasefire boosts Colombo bourse

THE Colombo stock market yesterday staged a strong rebound following the announcement of a ceasefire between Israel and Iran.

2 min  |

June 25, 2025
Daily FT

Daily FT

Powering Sri Lanka's digital future: Visa's vision for tourism, inclusion and growth

As Sri Lanka enters a critical phase of economic recovery and growth to position itself as a destination of choice, Visa—the global payments leader recently announced its deepening engagement through key partnerships and efforts in the country as part of a broader commitment to supporting inclusive economic growth, rooted in trust, advanced technology, innovative solutions and best practices to accelerate progress across sectors.

7 min  |

June 25, 2025

Daily FT

Shaping future of finance: ACCA Sri Lanka welcomes newest members

THE Association of Chartered Certified Accountants of Sri Lanka (ACCA Sri Lanka) recently hosted its much-anticipated New Members Ceremony 2025. This annual flagship event marked a significant milestone for aspiring finance professionals who successfully completed their journey to becoming members of the ACCA, one of the world's most respected global accountancy bodies.

2 min  |

June 25, 2025

Daily FT

Rethinking EVs: A solution, not burden, for Sri Lanka's grid

The blackouts earlier this year underscores Sri Lanka's power grid's present challenges in accommodating a high penetration of solar PV ■Better energy storage and flexible grid management are needed to handle fluctuations in solar and wind power ■Electric vehicles (EVs) can contribute to a more resilient and stable power grid through their ability to both consume and supply electricity as needed ■Smart EV charging can reduce strain on the grid, using incentives and off-peak charging

6 min  |

June 25, 2025
Daily FT

Daily FT

EDB partners SDCSL to strengthen SME exporters’ commitment to sustainability and transparency

THE Sri Lanka Export Development Board (EDB) recently convened a high-level meeting to explore strategic collaboration for the implementation of the newly launched Initiative for Textile Sustainability Benchmarking (ITSB) a transformative platform aimed at elevating sustainability standards across Sri Lanka' textile and apparel sector.

1 min  |

June 25, 2025
Daily FT

Daily FT

Sri Lanka's BFSI sector explores bold digital future at 'Navigate 2025'

IN a move signalling the next chapter of digital transformation for Sri Lanka's financial sector, global engineering services leader Nagarro, in collaboration with the Computer Society of Sri Lanka (CSSL) and the IIBA Colombo Chapter, hosted Navigate 2025, an exclusive, high-level event focused on \"Harnessing Emerging Tech for Elevating BFSI in Sri Lanka\".

2 min  |

June 25, 2025

Daily FT

Emotional Raducanu battles into Eastbourne second round

AN emotional Emma Raducanu produced an impressive fight back to reach the second round at Eastbourne and keep her Wimbledon preparations on track.

1 min  |

June 25, 2025
Daily FT

Daily FT

Pan Asia Bank elevates elite banking with new Privilege Club in Colombo 7

PAN Asia Bank has announced the grand opening of its brand-new Privilege Club in the heart of Colombo 7, a premier space designed exclusively to serve the needs of our valued high net worth clientele.

1 min  |

June 25, 2025

Daily FT

Fleetwood's stumble gives US Bradley-sized Ryder Cup headache

As Tommy Fleetwood continues to wrestle with how to get over the winning line on the PGA Tour, American golf is trying to fathom how having a playing captain might work at this year's Ryder Cup.

1 min  |

June 25, 2025

Daily FT

Messi's Miami to play PSG at Club World Cup last 16; Atletico knocked out

INTER Miami's Lionel Messi faces a tantalising reunion with former club Paris Saint-Germain (PSG) in the Club World Cup last 16 after both sides progressed to the knockout phase.

1 min  |

June 25, 2025

Daily FT

Ajith De Silva elected President of Colombo MBA Alumni Association

TOP professional Ajith De Silva was unanimously elected as the Chair of the MBA Alumni Association at the Annual General Meeting held on 19 June at the Galle Face Hotel.

2 min  |

June 25, 2025

Daily FT

Unsatisfactory conduct of insurance regulator

THREE months ago, at a session of the Committee on Public Finance (COPF), its Chairman Dr. Harsha de Silva slammed the conduct of Sri Lanka's insurance watchdog - the Insurance Regulatory Commission of Sri Lanka (IRCSL) - over its apparent failure to address serious market distortion by the premier State-owned insurance provider - the Sri Lanka Insurance Corporation (SLIC).

2 min  |

June 25, 2025
Daily FT

Daily FT

Arpico Insurance demonstrates exceptional performance with Rs. 235 m PAT

ARPICO Insurance PLC has recorded a profound performance resurgence from the preceding year, with an exceptional Profit After Tax (PAT) of Rs. 235 million for the year 2024.

2 min  |

June 25, 2025

Daily FT

Foreign Ministry coordinates evacuation efforts amid Middle East tensions

AMID the rising tensions stemming from the ongoing conflict between Israel and Iran, the Foreign Affairs Ministry yesterday announced that coordinated efforts are underway to safeguard and evacuate Sri Lankans in affected Middle Eastern countries.

3 min  |

June 25, 2025

Daily FT

England chase down 371 to seal staggering win over India

BEN Duckett's astonishing 149 led England to a target of 371 — one of the all-time great run chases — to beat India on a nerve-shredding final day of the first Test at Headingley.

1 min  |

June 25, 2025
Daily FT

Daily FT

Lankan food and beverages exporters at THAIFEX Anuga Asia 2025

SRI Lankan food and beverages exporters took part in THAIFEX Anuga Asia 2025, the leading food and beverage trade show in Asia, which was successfully held in May in Bangkok, Thailand.

3 min  |

June 25, 2025
Daily FT

Daily FT

Colombo Central Bus Stand to be upgraded under 'Clean Sri Lanka'

IN line with the “Clean Sri Lanka” program, the Government plans to upgrade the Colombo Central Bus Stand within the next year.

1 min  |

June 25, 2025

Daily FT

Amaron and Samudhi Trading celebrate 20 years of partnership in Sri Lanka

Amaron targets 40% Sri Lankan batteries market share Only brand offering industry-leading 5-year warranty New 35Ah battery launching for three-wheelers Auxiliary battery to expand product portfolio Amaron customer service mobile app to debut this year

5 min  |

June 25, 2025

Daily FT

JAT Holdings celebrates elegance and excellence at inaugural JAT Golf Classic

JAT Holdings PLC concluded the inaugural JAT Golf Classic in fine style, marking a sophisticated new chapter in the company’s engagement with the sporting community.

2 min  |

June 25, 2025

Daily FT

Dinithi Athulathmudali from University of Colombo's Department of Economics wins Saman Kelegama Memorial Research Grant 2025

DINITHI Athulathmudali, a fourth-year undergraduate from the Department of Economics at the University of Colombo is the winner of the Saman Kelegama Memorial Research Grant for 2025.

1 min  |

June 25, 2025