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Daily FT

Daily FT

Secondary Bond market starts off slow ahead of action-packed week

THE secondary Bond market yesterday started off the new trading week slowly as market participants adopted a wait and see stance ahead of an action-packed week. This week will see the highly anticipated sixth and final Monetary Policy Announcement for the year 2025 as well as back-to-back Treasury Bill and Bond Auctions.

1 min  |

November 25, 2025
Daily FT

Daily FT

Shell Lubricants Sri Lanka partners Daraz to enhance customer accessibility and convenience

SHELL Lubricants Sri Lanka, distributed exclusively by Delmege Forsyth Energy, a subsidiary of the Delmege Group, has officially joined hands with Daraz, an e-commerce platform, to expand Shell’s digital presence and provide customers with a more convenient way to purchase genuine Shell products online.

1 min  |

November 25, 2025

Daily FT

Court issues notice on IRD over new VAT refund scheme

THE Court of Appeal has issued notice on the Commissioner General of the Inland Revenue Department (IRD) and other State agencies after a writ application challenged the legality of the Government’s newly gazetted VAT refund scheme, which replaced the abolished Simplified VAT (SVAT) system.

1 min  |

November 24, 2025
Daily FT

Daily FT

Seminar on 'Impact of Budget on the National Economy' at OPA

THE 2026 National Budget focuses on growth while advancing development and debt sustainability. This was highlighted at a seminar on “Impact of the Budget on the National Economy —Way Forward” organised by the Organisation of Professional Associations of Sri Lanka.

3 min  |

November 24, 2025

Daily FT

Deputy Minister explains lack of aggressive tax measures in Budget 2026

THE Government kept the 2026 Budget free of aggressive tax mobilisation proposals because households and businesses are already carrying a heavy fiscal load, Deputy Industry and Entrepreneurship Development Minister Chathuranga Abeysinghe told a recent virtual investor forum organised by Tellimer and Softlogic Stockbrokers.

2 min  |

November 24, 2025

Daily FT

Unit trust industry sees strong investor activity in October

Assets under management tops Rs. 600 b mark from Rs. 592 b in Sept. Draws 3,628 new unit holders bringing total to 137,224

2 min  |

November 24, 2025
Daily FT

Daily FT

Rank to develop Rs. 1 b worth container cargo inspection yard at Hambantota International Port

HAMBANTOTA International Port Group (HIPG) has partnered with Rank Container Terminals Ltd., (RCT) to develop a purpose-built container cargo inspection yard within the Port premises.

1 min  |

November 24, 2025

Daily FT

Questions raised over Sri Lanka's DPI strategy and trade reform sequencing

SRI Lanka's current approach to Digital Public Infrastructure (DPI) and trade liberalisation may reinforce inequality rather than reduce it unless access, mobility, and capability gaps are addressed upfront, UNDP Country Economist Dr. Vagisha Gunasekara has warned.

4 min  |

November 24, 2025

Daily FT

Barcelona thrash Athletic Bilbao 4-0 on emotional return to Camp Nou

BARCELONA, back at their beloved Camp Nou, have produced a dominant 4-0 victory over 10-man Athletic Bilbao to add to the homecoming celebrations.

1 min  |

November 24, 2025
Daily FT

Daily FT

CoPF reviews revenue performance of key Finance Ministry institutions

Public Debt Management Office briefs on Govt.'s Medium-Term Debt Management Strategy for 2026-2030 Outlines annual borrowing plan for 2026, clarifies projected financing requirements and debt sustainability measures BOI says FDI reached $ 827 m in first nine months of 2025 CoPF informs BOI and related agencies to intensify efforts to ensure growth in FDI in coming years Approves eight reports submitted under Public Finance Management Act, No. 44 of 2024

1 min  |

November 24, 2025
Daily FT

Daily FT

Stokes hails Head's phenomenal knock after Perth defeat under two days

BEN Stokes on Saturday admitted to being rattled after England's eight-wicket loss to Australia in the first Test at Perth, as Travis Head's whirlwind knock blew the visitors away in the fourth innings on Day Two.

2 min  |

November 24, 2025
Daily FT

Daily FT

President vows to prevent racist divisions

Seeks collective support for ‘Sri Lanka Day’ celebration Party leaders and representatives welcome initiative, commending effort to create an inclusive national celebration

2 min  |

November 24, 2025

Daily FT

SL faces pressures from Al, trade protections: World Bank economist

Says protected sectors have had negative impact on jobs, sectors in lowtariff regimes have generated most new jobs

2 min  |

November 24, 2025
Daily FT

Daily FT

Sri Lankan delegation wraps up high-impact trade and investment mission in Canada

A Sri Lankan business delegation, organised by the Sri Lanka-Canada Business Council (SLCBC) of The Ceylon Chamber of Commerce, with support from the Canada-Sri Lanka Business Convention (CSLBC), the Canadian High Commission in Sri Lanka, and the High Commission of Sri Lanka in Canada, has concluded a trade and investment mission in Canada from 28 October to 14 November.

2 min  |

November 24, 2025

Daily FT

Secondary Bond market rates close steady

THE secondary Bonds market recorded a steady and consolidative tone throughout last week, with yield movements largely anchored around prevailing levels and activity driven by selective demand and intermittent block-trade interest.

2 min  |

November 24, 2025
Daily FT

Daily FT

NSB Group posts strong 3Q with PBT up 30% to Rs. 34.8 b

Total deposits soar to Rs 1.6 t Stage 3 loan ratio dips to 2.63% Capital Adequacy Ratio at 24% Contributes over Rs. 24.1 b in taxes

2 min  |

November 24, 2025
Daily FT

Daily FT

Govt. calms investors about post-2028 debt repayment capacity

THE Government is seeking to accelerate reserve accumulation, attract higher foreign investment, and maintain fiscal discipline to manage the rise in external debt repayments after 2028, Deputy Industry and Entrepreneurship Development Minister Chathuranga Abeysinghe told an online forum last week organised by Tellimer and Softlogic Stockbrokers.

2 min  |

November 24, 2025
Daily FT

Daily FT

Halal Council gets recognition from Sri Lanka Standard Institution for national quality

THE Halal Assessment Council (Guarantee) Ltd., (HAC) has been recognised with a Merit Award at the Sri Lanka National Quality Awards 2023 (SLNQA) — the country’s most prestigious recognition for organisational excellence, conducted by the Sri Lanka Standards Institution (SLSI).

1 min  |

November 24, 2025
Daily FT

Daily FT

Govt. issues first post-default Domestic Dollar Bond under new PDMO

SRI Lanka will issue a $ 50 million Domestic Dollar Bond (DDB) next week, the country's first foreign-currency borrowing instrument since the 2022 default and the first Bond issued under the newly operational Public Debt Management Office (PDMO).

2 min  |

November 24, 2025

Daily FT

Australia beaten by France to complete winless tour

AUSTRALIA have ended a European tour winless for the fist time in 67 years after a 48-33 defeat by France at the Stade de France.

1 min  |

November 24, 2025
Daily FT

Daily FT

Sri Lanka participates in world's largest aerospace exhibition Dubai Airshow 2025

SRI Lanka took part in the prestigious Dubai Airshow 2025, held from 17 to 21 November, at the Dubai World Central (DWC) Airport in Dubai, United Arab Emirates.

2 min  |

November 24, 2025
Daily FT

Daily FT

AMW powers Lion Brewery's fleet with 44 new Suzuki FRONX SUVs

ASSOCIATED Motorways Ltd., (AMW), the authorised distributor for Suzuki in Sri Lanka and a member of the globally respected Al-Futtaim Group, handed over 44 brand-new Suzuki FRONX SUVs to Lion Brewery (Ceylon) PLC, in a partnership facilitated by Central Finance Company PLC (CF).

2 min  |

November 24, 2025

Daily FT

Pakistan Prime Minister hosts lunch for SL-ZB-PK cricket teams

PAKISTANI Prime Minister Shehbaz Sharif hosted the Sri Lanka, Zimbabwe, and Pakistan cricket teams for a State luncheon at his house on 19 November.

2 min  |

November 24, 2025

Daily FT

New OPA Centre Management Committee holds inaugural meeting

THE first meeting of the Centre Management Committee of the Organisation of Professional Associations (OPA) has taken place at the OPA auditorium recently, following the election of office bearers for the 2025/2026 term.

1 min  |

November 24, 2025
Daily FT

Daily FT

Rewarding the harvest: Why Sri Lanka must shift from input subsidies to output incentives

FOR decades, Sri Lankan agriculture has been shaped by a culture of expectation. Successive governments have conditioned farmers to wait for handouts—especially fertiliser subsidies—before a single seed is planted. While politically irresistible, this model has bred dependency, distorted markets, and ultimately failed to lift national productivity.

2 min  |

November 24, 2025
Daily FT

Daily FT

LAUGFS Eco Sri triumphs with Bronze at CNCI Achiever Awards 2025

LAUGFS Eco Sri Ltd., has been honoured with the Bronze Award in the Extra-Large Service Sector Category at the prestigious Ceylon National Chamber of Industries (CNCI) Achiever Awards 2025, marking yet another milestone in its journey of excellence and sustainability.

1 min  |

November 24, 2025
Daily FT

Daily FT

Union Bank holds panel discussion on sustainable finance

UNION Bank recently conducted a panel discussion with several industry experts sharing key insights on sustainable finance.

1 min  |

November 24, 2025

Daily FT

People's Insurance achieves 33% revenue growth in Q3

THE People's Insurance PLC has delivered a strong performance for the nine months ended 30 September 2025, reporting solid top-line momentum and sustained financial stability despite a dynamic operating environment.

1 min  |

November 24, 2025

Daily FT

Richard Pieris Finance says forging ahead with resilience and growth

SINCE its establishment in 2012, Richard Pieris Finance Ltd., has evolved into one of Sri Lanka’s most resilient and forward-looking financial institutions. Emerging from a decade marked by unprecedented challenges, from economic turbulence to the pandemic, the company has demonstrated remarkable agility, turning adversity into opportunity through disciplined management and strategic foresight.

2 min  |

November 24, 2025
Daily FT

Daily FT

Tariq hat-trick sees Pakistan as first team to qualify for final

HALF-CENTURIES from Babar Azam and Sahibzada Farhan, coupled with a hat-trick by off-spinner Usman Tariq, saw Pakistan beat Zimbabwe by a thumping margin of 69 runs at Rawalpindi yesterday and become the first team to book a place in the final of the T20I Tri-Series.

2 min  |

November 24, 2025