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Daily FT

Secondary Bond market yields climb as Israel-Iran tensions escalate

■Rupee depreciates marginally

1 min  |

June 20, 2025
Daily FT

Daily FT

Compliance takes centre stage as pillar of trust in modern finance

THE Central Bank of Sri Lanka (CBSL) this week outlined a renewed vision for financial sector compliance, urging institutions to move beyond checkbox regulation and embrace compliance as a cornerstone of ethical leadership, institutional resilience, and public trust.

2 min  |

June 20, 2025
Daily FT

Daily FT

AASL strengthens collaborative engagement with airline partners

IN a continued effort to enhance passenger service levels and foster a culture of collaboration, the Chairman, along with the senior management team of Airport and Aviation Services (Sri Lanka) Ltd., (AASL) recently convened a strategic meeting with the Board of Airline Representatives (BAR).

1 min  |

June 20, 2025

Daily FT

Lankem to raise Rs. 1.2 b via Rights; Share subdivision to follow

LANKEM Ceylon PLC is to raise Rs. 1.2 billion via a Rights Issue which will be followed by a share subdivision.

1 min  |

June 20, 2025

Daily FT

PM stresses innovation is catalyst for Sri Lanka's transformation

Speaking at ADB Sri Lanka's Serendipity Knowledge Forum calls for culture of innovation that is ethical, inclusive and sustainable Stresses innovation must be fundamental driver of change and growth Claims Sri Lanka's failure to prioritise innovation cause for being laggard vis-à-vis some of Asian peers Calls for reforming overall education system to foster innovation; Urges universities to be at the heart of innovation ecosystem Says new Govt. committed to setting policy direction, partnering effectively with private sector in promoting innovation

3 min  |

June 20, 2025
Daily FT

Daily FT

Sri Lanka face uphill task

SRI Lanka national rugby team under Tarinda Ratwatte departed for Hong Kong last night (19 June) as they prepare for their crucial second match of the Asia Rugby Top 4 Championship on 22 June.

1 min  |

June 20, 2025

Daily FT

Fragile economics of tobacco taxation in Sri Lanka

THE recently published 2024 financials of Ceylon Tobacco Company PLC (CTC), the legal manufacturer of cigarettes in Sri Lanka, offer more than just a snapshot of corporate performance— they underscore a critical question: can Sri Lanka continue to rely on a shrinking, heavily taxed legal cigarette industry to drive public revenue?

2 min  |

June 20, 2025

Daily FT

National effort to unlock biodiversity and eco-tourism potential

SRI Lanka's natural heritage continues to reflect the importance of responsible environmental stewardship, and one such treasure, the Ambuluwawa Biodiversity Complex, is now the focus of a significant national initiative.

2 min  |

June 20, 2025
Daily FT

Daily FT

Human development in the age of AI: Call for inclusive transformation

WE stand at a pivotal moment in our human development journey. For three decades, the Human Development Index (HDI) demonstrated a consistent increase in development progress and a decrease in inequality.

4 min  |

June 20, 2025

Daily FT

Bear run at Colombo stock market persists; ASPI dips below 17,000-points mark

THE external factors influenced bear run at the Colombo stock market persisted yesterday with the benchmark index dipping below the 17,000-points mark.

1 min  |

June 20, 2025

Daily FT

Thrilling action unfolds as Colombo Hockey League heats up across divisions

THE Colombo Hockey Association's ongoing league season delivered a thrilling wave of action over the past week, with matches played across the Men's and Women's Divisions, including the prestigious Pioneer Shield and Division C clashes.

2 min  |

June 20, 2025
Daily FT

Daily FT

Global stage, local pride: Nishani Fernando represents Sri Lanka at EY Winning Women 2025

EY successfully hosted the 10th EY Entrepreneurial Winning Women (EWW) Asia-Pacific Conference. The event took place from 20 to 22 May, in Jakarta, Indonesia.

2 min  |

June 20, 2025

Daily FT

Disrupt Asia 2025 returns to fuel Sri Lanka's digital innovation ambitions

DISRUPT Asia 2025, Sri Lanka's premier startup conference and innovation festival, was unveiled recently with renewed ambition to position the country as the region's go-to destination for startup growth, investment, and cross-border collaboration.

5 min  |

June 20, 2025
Daily FT

Daily FT

Compliance Symposium 2025 unites LFC sector around stronger, smarter compliance future

THE Compliance Forum of the Finance Houses Association of Sri Lanka (FHA) successfully hosted the Compliance Symposium 2025 on 17 June at the Ballroom of the Galadari Hotel, Colombo.

5 min  |

June 20, 2025
Daily FT

Daily FT

Siyapatha Finance celebrates 20 years of transformative leadership

PREMIER homegrown finance company Siyapatha Finance PLC recently marked its 20th anniversary, auspiciously commencing the celebration with religious observances on 16 May, at the Head Office.

1 min  |

June 20, 2025
Daily FT

Daily FT

How Tiger intelligence chief Sivashankar alias "Pottu Ammaan" and family members died

Sivashankar alias “Pottu Ammaan”, the former intelligence chief of the Liberation Tigers of Tamil Eelam (LTTE) is a keen topic of discussion these days within a Europe based segment of the Sri Lankan Tamil diaspora. Although the much feared head of the Tiger intelligence division died during the final phase of the war in May 2009, there is a clique of ex-LTTE members based in Europe spreading “fake news” that Pottu Ammaan is yet alive and that he would emerge soon and revive the LTTE and continue with the armed struggle against the Sri Lankan State.

10+ min  |

June 20, 2025
Daily FT

Daily FT

We need to get a lead of around 200-250 to put pressure on BD – Nissanka

CENTURION Pathum Nissanka is of the view that if Sri Lanka are to make a game of the first Test against Bangladesh, they will need to bat well the entire fourth day today and get a lead of around 200-250.

2 min  |

June 20, 2025
Daily FT

Daily FT

Sri Lankan adventurer launches global wildlife memoir with a cause

A black shadow slinks across the Laikipia Plateau under a starlit Kenyan sky—rare, majestic, and almost mythic. To many, the black leopard is a ghost of folklore. To explorer, photographer, and now debut author, Senaka Kotagama, it became a life-changing encounter.

2 min  |

June 20, 2025

Daily FT

Iran-Israel war: Unfavourable development for both SL and rest of world

THE gruesome warfare between the two arch enemies in the Middle East - Iran and Israel - has been dominating international news headlines since last weekend and already, its ramifications have been felt worldwide.

2 min  |

June 20, 2025

Daily FT

Renewable energy remains cheapest power builds

RENEWABLE power like solar and onshore wind is the least expensive and quickest power generation source to deploy, even without government subsidies, Lazard said in a recent report according to Reuters.

1 min  |

June 20, 2025
Daily FT

Daily FT

Bribery Commission urges public officials to uphold integrity and conscience in service

CIABOC Assistant Director General Thanuja Bandara at establishment of Internal Affairs Unit in Parliament underscores lasting institutional reform begins with individual responsibility RTI Commission of Sri Lanka Commissioner Jagath Liyanarachchi states minimising corruption in public service can help Sri Lanka progress towards development similar to other advanced economies Internal Affairs Unit Head and Chief of Staff and Deputy Secretary General of Parliament Chaminda Kularatne calls everyone to work together through new unit to create transparent Parliament

2 min  |

June 20, 2025
Daily FT

Daily FT

Indian actor Mohanlal visits Parliament

INDIAN film icon Mohanlal yesterday visited the Sri Lankan Parliament.

1 min  |

June 20, 2025
Daily FT

Daily FT

Market veteran Dimuthu new CSE Chairman

THE Colombo Stock Exchange (CSE) yesterday announced the appointment of Dimuthu Abeyesekera as the new Chairman of its Board of Directors.

1 min  |

June 20, 2025

Daily FT

"Best Marketing Company of the Year" winner Sunshine Consumer Lanka at AMF Awards 2025

SUNSHINE Consumer Lanka, the market leader in Sri Lanka's branded tea category and a growing player in confectionery, was honoured by the Sri Lanka Institute of Marketing (SLIM) as “Best Marketing Company of the Year - Sri Lanka”, earning the opportunity to represent the nation at the prestigious Asia Marketing Federation (AMF) Awards 2025, held in China in May 2025.

1 min  |

June 20, 2025

Daily FT

Residents up in arms over proposed high-rise in environmentally sensitive Lake Drive area

IN the heart of Colombo 8, a storm is quietly brewing along the otherwise serene Lake Drive and Lake Gardens. Residents of this leafy neighbourhood are sounding the alarm over a controversial high-rise development that threatens not only the structural and environmental integrity of their surroundings, but the very credibility of Sri Lanka’s urban planning system.

6 min  |

June 20, 2025
Daily FT

Daily FT

Sri Lankan pavilion shines at Middle East Rubber and Tyre Expo 2025 in Sharjah

THE Sri Lanka Export Development Board (EDB) in collaboration with the Sri Lanka Consulate General in United Arab Emirates (UAE) organised a country pavilion at Middle East Rubber and Tyre Expo 2025 in Sharjah, UAE with the participation of 10 SME companies in the Rubber Product sector under the National Export Brand “Your Vital Island” to promote Sri Lanka Rubber Products in the Middle Eastern Region.

1 min  |

June 20, 2025

Daily FT

New President of Court of Appeal and two Appeal Court Judges sworn in

SENIOR Additional Solicitor General and President’s Counsel Nalin Rohantha Abeysooriya was yesterday sworn in as the new President of the Court of Appeal before President Anura Kumara Disanayake at the Presidential Secretariat.

1 min  |

June 20, 2025

Daily FT

SLC provides 24 bowling machines to domestic clubs

SRI Lanka Cricket (SLC) donated 24 bowling machines to Major and Tier 'B' clubs under its National Pathway Program.

1 min  |

June 20, 2025
Daily FT

Daily FT

Thanga continues with lead

ROYAL Colombo Golf Club witnessed exceptional golf on Day 3 of the Sri Lanka Golf Ranking Tournament 2025 with pro golfer, Nadaraja Thangaraja tightening his grip on the leaderboard with a superb 66, maintaining a commanding lead at 199 (-14) after three rounds.

1 min  |

June 20, 2025

Daily FT

Human Rights Commission writes to Justice Minister on repeal of PTA

THE Human Rights Commission of Sri Lanka (HRCSL) has written to Justice and National Integration Minister Harshana Nanayakkara with respect to the repeal of the Prevention of Terrorism Act, No. 48 of 1979 (PTA).

4 min  |

June 20, 2025