Newspaper
Daily FT
Private sector borrowings slows in July
TOTAL private sector borrowings increased by Rs. 201.5 billion in July 2025, resulting in the outstanding amount crossing Rs. 9.5 trillion during the first seven months of the year. However, the new credit in July was lower than the Rs. 221.5 billion recorded the previous month.
1 min |
September 08, 2025
Daily FT
SL tourism sector surpasses $ 2 b, but faces steep climb to $ 5 b annual target
DESPITE the shortfall in arrivals, Sri Lanka's tourism industry has managed to rake in over $ 2 billion in revenue during the first eight months of 2025.
1 min |
September 08, 2025
Daily FT
Dhammika adds LAUGFS to his growing business empire
BUSINESS leader Dhammika Perera is set to add diversified, unlisted LAUGFS Holdings Ltd., to his fast-expanding business empire.
2 min |
September 08, 2025
Daily FT
Business couple bailed in Rs. 43 m cheque fraud case
A business couple who allegedly defrauded another businessman for the tune of Rs. 43 million were granted personal bail by the Fort Magistrate.
1 min |
September 08, 2025
Daily FT
CPA Australia celebrates member achievements at Sri Lanka Recognition Ceremony
CPA Australia recently hosted its annual Member Recognition Ceremony at the Shangri-La Hotel, Colombo, bringing together finance professionals, business leaders, and policymakers to celebrate the achievements of its Sri Lankan members.
1 min |
September 08, 2025
Daily FT
Sri Lanka shines at Commonwealth Business Excellence Awards 2025
Leading local companies and outstanding individuals awarded on global platform Third edition held at glittering ceremony in Kuala Lumpur 2026 awards to be held in London
2 min |
September 08, 2025
Daily FT
SOUTH ASIAN SUPER CUP Maldives prove critics wrong by upsetting Sri Lanka 3-0
THE Maldives on Saturday created an upset by defeating the much-fancied Sri Lankan side by 3 goals to nil in the curtain raiser of the South Asian Super Cup soccer match played at the Racecourse Stadium.
1 min |
September 08, 2025
Daily FT
No rule of law unless rule of men defeated
CHAIRING the late H.L. de Silva Memorial Events in 2012, the ex-Foreign Secretary H.M.G.S. Palihakkara openly questioned whether it is the rule of men or the rule of law which would usher prosperity to a nation. He answered his own question and opined that what was prevailing in Sri Lanka was not the rule of law but ‘a rule’ of men.
2 min |
September 08, 2025
Daily FT
US Congressional delegation meets Sri Lanka Ports Authority management
A staff delegation from the United States Congress’ House Democracy Partnership met with the Chairman and the Management Team of the Sri Lanka Ports Authority (SLPA) at its Headquarters in Colombo on 28 August.
1 min |
September 08, 2025
Daily FT
Unfair airline practices at Dubai Airport exploit Sri Lankan migrant workers
IN August 2025, while in transit at Dubai International Airport Terminal 1 flight no. UL226, departing time 23:00, I witnessed a troubling practice by SriLankan Airlines staff that left me both shocked and saddened. It was not just an inconvenience to passengers; it was an outright exploitation of Sri Lankan migrant workers the very people whose sacrifices and remittances keep our nation's economy afloat.
2 min |
September 08, 2025
Daily FT
NelFarms wins two prestigious awards at Sri Lanka Clean Energy Week 2025
NELFARMS, a pioneer in integrating renewable energy into Sri Lanka's poultry sector, has won two top awards at the recently concluded third edition of Sri Lanka Clean Energy Week 2025.
1 min |
September 08, 2025
Daily FT
Enabling Sri Lankan businesses to compete in digital age
SRI Lanka's economy is at a critical juncture, where digital transformation is no longer a luxury but a necessity.
4 min |
September 08, 2025
Daily FT
AD Ports Group’s Karachi Terminal signs major dredging deal
AD Ports Group, a leading enabler of global trade, logistics, and industry, has announced the signing of a major dredging agreement between its Karachi Gateway Terminal and Van Oord, a Netherlands-based global leader in dredging and marine contracting, to significantly expand the flow of trade through the group’s port terminals in Pakistan.
1 min |
September 08, 2025
Daily FT
Nigerian business magnate explores investment opportunities in Sri Lanka
LAWYER and Cross River State, Nigeria former Governor Benedict Ayade, was in Sri Lanka last week to explore investment opportunities in several verticals.
1 min |
September 08, 2025
Daily FT
Secondary Bond market yields close broadly steady
@ Foreign holdings in Rupee Treasuries record inflow for second straight week; hits highest level in 1.5 years @ Money market liquidity holds steady @ Rupee closes marginally up
2 min |
September 08, 2025
Daily FT
Foreign Minister heads to Geneva for UNHRC session
FOREIGN Minister Vijitha Herath yesterday morning departed for Geneva to attend the 60th session of the United Nations Human Rights Council (UNHRC), scheduled to open today, the Foreign Ministry said.
1 min |
September 08, 2025
Daily FT
EY Sri Lanka sets out guidelines for SVAT phaseout
WITH the Government abolishing Simplified Value Added Tax (SVAT) from 1 October 2025, EY Sri Lanka has issued guidelines on how businesses can manage the transition and comply with strict timelines.
3 min |
September 08, 2025
Daily FT
Dayan Jayatilleka: The strategist Sri Lanka discarded
HE gave Sri Lanka its only victory at Geneva. Six weeks later he was thrown aside. A nation that trashes its finest minds does not deserve victory — and that is why we keep losing.
4 min |
September 08, 2025
Daily FT
Crackdown on illegal vehicle modifications from today
THE Government will begin enforcing laws against vehicles with unauthorised and hazardous modifications from today, Deputy Transport Minister Dr. Prasanna Gunasena announced yesterday.
1 min |
September 08, 2025
Daily FT
Japan’s PM Shigeru Ishiba resigns after election drubbing
JAPAN’S Prime Minister Shigeru Ishiba yesterday announced he was stepping down after less than a year in the role, following two major election losses, the BBC reported.
1 min |
September 08, 2025
Daily FT
MAS furthers sustainability journey, commits to net-zero emissions by 2048
GLOBAL apparel and textile conglomerate MAS Holdings is looking to further its sustainability efforts, recently announcing that it has committed to reducing its total greenhouse gas (GHG) emissions to net-zero by 2048.
2 min |
September 08, 2025
Daily FT
Is India a 'tariff king'? Not really
THERE is a widespread but fallacious perception that India’s tariffs are inordinately high.
4 min |
September 08, 2025
Daily FT
JW.ORG's Colombo International Convention generates $ 7.6 m revenue, welcomes 3,500 delegates
THE Jehovah's Witnesses (JW. ORG) yesterday said that its threeday International Convention of Jehovah's Witnesses, held from 5-7 September at the Sugathadasa Indoor and Outdoor Stadium, concluded successfully, bringing together more than 3,500 international delegates from 10 countries and over 14,000 total participants, including local members.
1 min |
September 08, 2025
Daily FT
Rohan Karr appointed to The Fortress Resorts Board
LEISURE industry veteran Rohan Karr has been appointed as a Non-Executive Director on the Board of The Fortress Resorts PLC.
1 min |
September 08, 2025
Daily FT
People’s Bank, Agriculture Ministry launch concessional loan scheme for young agripreneurs
PEOPLE’S Bank yesterday said it has partnered with the Agriculture, Livestock, Land and Irrigation Ministry on a concessionary loan scheme to support young agripreneurs in Sri Lanka.
1 min |
September 08, 2025
Daily FT
HNB partners David Pieris Automobiles to offer leasing solutions for BAIC vehicles
HATTON National Bank PLC (HNB) yesterday said it has partnered with David Pieris Automobiles Ltd., to offer leasing solutions for the BAIC vehicle range, strengthening access to affordable and reliable mobility across the country.
1 min |
September 08, 2025
Daily FT
Taxes for life: Shaping our collective future through education
WHEN Benjamin Franklin wrote these words back in 1789, he likely didn’t imagine they would still ring so true centuries later. At first glance, the line may seem like a clever remark. But it holds a deeper truth: taxes much like death are a universal part of life. Inevitable, often misunderstood, and sometimes dreaded, taxes quietly power the engines of society.
6 min |
September 08, 2025
Daily FT
Turkish Airlines resumes flights to Libyan city after a decade
TURKISH Airlines has announced that it has resumed operations to Misrata, its third destination in Libya, following the launch of fights to Tripoli and Benghazi. The national flag carrier had suspended flights to Misrata in January 2015.
1 min |
September 08, 2025
Daily FT
Sri Lanka Logistics & Freight Forwarders Association condemns dubious award schemes
THE Sri Lanka Logistics & Freight Forwarders Association (SLFFA) has taken serious note of the increasing circulation of unsolicited emails and flyers targeting Sri Lanka’s logistics community — particularly SLFFA members — by little-known overseas entities claiming to host “awards ceremonies.”
1 min |
September 08, 2025
Daily FT
Prof. Ananda Jayawardane joins Prime Lands Residencies Board
FORMER Commercial Bank Chairman Prof. Ananda Jayawardane was yesterday appointed to the Board of Prime Lands Residencies PLC as a Non-Executive Director.
1 min |