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Daily FT

Daily FT

NDB Wealth Management opens first-ever branch in Jaffna

A milestone in expanding access to professional wealth management in Sri Lanka's Northern Province

2 min  |

September 03, 2025
Daily FT

Daily FT

Cargills strengthens rural Sri Lanka through educational scholarships and community development projects

CARGILLS (Ceylon) PLC recently presented educational scholarships to students from farming communities at a ceremony held on 29 August, an initiative that part of the Cargills Sarubima program.

2 min  |

September 03, 2025

Daily FT

Anantara Kalutara Resort celebrates nine years of architectural splendour, cultural discovery, and global luxury on Sri Lanka's Southern coast

ANANTARA Kalutara Resort has celebrated its ninth anniversary, marking nearly a decade as one of the island's most distinguished luxury destinations.

2 min  |

September 03, 2025

Daily FT

A sweet milestone: First harvest of Browns Hotels & Resorts' bee honey farming initiative

IN the heart of Sri Lanka’s Cultural Triangle, Browns Hotels & Resorts has marked a milestone as meaningful as it is sweet: the very first harvest of its Sustainable Bee Honey Farming Initiative, a unique collaboration across three of its properties: Hotel Sigiriya, Occidental Paradise Dambulla and Ayugiri Ayurveda Wellness Resort.

1 min  |

September 03, 2025
Daily FT

Daily FT

Entitlement mentality of national leaders must give way to empathy, sensitivity and morality

THE hullabaloo over whether Ranil Wickremesinghe (RW) misused public funds when he extended his official trip to Cuba and the United States of America to attend a convocation ceremony at the University of Wolverhampton where his wife received an honorary degree has consumed significant amounts of media space and has attracted various comments, observations and views in support of, and against, RW. What is obvious from the comments and the views expressed is that, just like beauty is in the eyes of the beholder, our view of right and wrong is based more on our like or dislike of the individual under scrutiny than an objective interpretation of the facts and the principles.

10 min  |

September 03, 2025
Daily FT

Daily FT

Increasing paddy productivity for a richer harvest

RICE contributes to around 1.8% of Sri Lanka’s GDP. The reduction in total paddy productivity, leading to reduced total paddy production, has affected the local economy. The country has no other option but to import rice to feed the nation, thereby taking a toll on the national economy.

8 min  |

September 03, 2025
Daily FT

Daily FT

Andre Fernando recognised for leadership in strengthening regional business ties

THE Global Federation of Sri Lankan Business Councils (GFSLBC) held its inaugural Annual General Meeting recently at the Shangri-La Hotel, Colombo, under the theme “Uniting Global Sri Lankan Businesses — Moving Forward”.

1 min  |

September 03, 2025

Daily FT

UNP postpones anniversary celebration citing Ranil's health

THE United National Party (UNP) has postponed its 79th anniversary celebration, which was scheduled for Saturday (6), citing the health condition of former President Ranil Wickremesinghe.

1 min  |

September 03, 2025

Daily FT

Finals of 53rd AVI Junior National Badminton Championship 2025

THE finals of the 53rd AVI Junior National Badminton Championship 2025 will commence on Friday, 5 September, at four venues across Colombo and its suburbs.

1 min  |

September 03, 2025

Daily FT

Colombo North emerge champions of Under-17 SL Youth League

COLOMBO North defeated Colombo South by 33 runs (DLS method) to win the Under-17 Sri Lanka Youth League final played at the Galle International Cricket Stadium yesterday.

1 min  |

September 03, 2025

Daily FT

CEAT kicks off next big move in off highway mobility

CEAT Ltd., has made a substantial advancement in its Off-Highway Tyres (OHT) growth strategy by officially acquiring Michelin Group's CAMSO Construction Compact Line Business, including their Sri Lanka-based Midigama plant and Casting Product plant in Kotugoda. This transaction also grants CEAT global ownership of the CAMSO brand, which will be permanently assigned across categories after a three-year licensing period.

1 min  |

September 03, 2025
Daily FT

Daily FT

Sri Lanka positioned as premier purpose- driven travel destination in the UK, 2025

FOLLOWING the successful completion of Global Bird Fair 2025, Sri Lanka Wildlife Tourism Festival was staged in London from 15 to 17 July, at the Sri Lanka High Commission.

3 min  |

September 03, 2025
Daily FT

Daily FT

CA Sri Lanka and CFA Society Sri Lanka to host expert panel on bridging market-financial reporting gap

THE Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka), in collaboration with CFA Society Sri Lanka, will host an expert session titled \"Unpacking Intangibles: Bridging the Gap Between Market Value and Financial Reporting\" on 9 September.

1 min  |

September 03, 2025

Daily FT

New GMs at Cinnamon Grand and Cinnamon Lakeside

CINNAMON Hotels & Resorts, Colombo Hotels yesterday announced a new chapter in its leadership with the appointment of two distinguished hoteliers to key positions within its Colombo city sector. Effective from 1 September 2025, these appointments mark a significant milestone in the group’s continued commitment to hospitality excellence.

2 min  |

September 02, 2025

Daily FT

August arrivals slip despite YoY growth

SRI Lanka welcomed 198,235 tourists in August, recording a 20.4% year-on-year (YoY) increase, but performance slipped against expectations, falling short of the monthly target and trailing both July 2025 and the 2018 benchmark.

2 min  |

September 02, 2025

Daily FT

President promises digital access to all State services in Jaffna visit

PRESIDENT Anura Kumara Disanayake visiting Jaffna yesterday said that the public would soon be able to carry out all payments and transactions related to any State-sector institution via dedicated digital channels, in keeping with his Government’s pledge to improve services for all citizens.

5 min  |

September 02, 2025

Daily FT

ADB approves $ 106.9 m funding to strengthen secondary healthcare services

Says part of ADB's support to Govt. efforts to enhance pharmaceutical regulatory, procurement and supply chain integrity

1 min  |

September 02, 2025
Daily FT

Daily FT

National tea sale average up in August, but dips YoY

THE national tea sale average for August 2025 registered Rs. 1,182.27 ($ 3.92) per kilogram, reflecting a month-on-month (MoM) increase of Rs. 54.67 and $ 0.18 compared to July’s average of Rs. 1,127.60 ($ 3.74).

1 min  |

September 02, 2025

Daily FT

Brief history of Central Bank of Sri Lanka

A story of resilience and adaptation

10+ min  |

September 02, 2025

Daily FT

Kamal Munasinghe new COO of Cinnamon Hotels & Resorts

CINNAMON Hotels & Resorts yesterday announced the appointment of Kamal Munasinghe as its new Chief Operating Officer (COO), to lead operations across the brand's 17 resorts and hotels in Sri Lanka and the Maldives.

1 min  |

September 02, 2025

Daily FT

Negombo CC's Pramod (15/93) runs through Leo CC batting

A lively spell of bowling by Shehan Pramod who took a match bag of 15 wickets for 93 runs saw Negombo CC pull off a 120-run win over Leo CC and take full points in their SLC Under23 interclub 2-day match concluded at Air Force grounds, Katunayake yesterday.

1 min  |

September 02, 2025

Daily FT

Asia Rugby Sevens Trophy in Oman

OMAN will host the 21 national teams from 17 countries at the Asia Rugby Sevens Trophy in Muscat on 25 and 26 October. Asia Rugby has made the strategic decision to combine the Trophy into one consolidated event after careful consultation with stakeholders.

1 min  |

September 02, 2025

Daily FT

HNB and KIA Motors join hands to promote flexible leasing for KIA models

HNB PLC, has announced a new partnership with KIA Motors (Lanka) Ltd., offering customers flexible leasing solutions for a wide range of KIA vehicles.

1 min  |

September 02, 2025
Daily FT

Daily FT

How we are being misled by fiscal illusion in Sri Lanka

PRESENTLY, Sri Lanka is on a recovery journey from the deepest economic downturn in its history. The unhealthy fiscal policies of successive Governments have already been recognised as one of the major causes of this poor performance. Fiscal policy encompasses various decisions related to the national budget. Therefore, it is crucial to closely monitor budgetary behaviour and related decisions to ensure the economy moves in the right direction.

3 min  |

September 02, 2025

Daily FT

Hayleys Agriculture launches OMNIX Digital System to transform farmer engagement and modernise agriculture practices

HJS Condiments Ltd., Sri Lanka’s largest processed fruits and vegetables exporter and a member of the Hayleys Group, has launched the OMNIX Digital System, a groundbreaking platform that modernises farmer engagement, streamlines operations, and strengthens traceability across the agricultural value chain.

2 min  |

September 02, 2025

Daily FT

Sun Match Director Gowri Rajan honoured as Sri Lankan Iconic Woman 2025

SRI Lanka's foremost respected media channel Broadcasting Corporation (SLBC), at its centenary celebration, honoured Sun Match Company Executive Director Gowri Rajan with the title of Sri Lankan Iconic Woman 2025 at BMICH. The Chief Guest was Minister of Labour Anil Jayantha Fernando.

1 min  |

September 02, 2025
Daily FT

Daily FT

LYNEAR: Redefining wealth management through independence and discipline

IN complex and often unpredictable capital markets, wealth preservation and capital accumulation demand rigour, discipline, and a principled approach anchored in long-term strategy, robust governance, and above all, independence.

4 min  |

September 02, 2025
Daily FT

Daily FT

Where's the papaverine? NMRA has flatlined on vital heart medicine

IN early April of 2025, this author in an article published in the Daily FT asked the National Medicines Regulatory Authority (NMRA) to quit playing games with our hearts (https://www.ft.lk/opinion/NMRA-should-quit-playing-games-with-our-hearts/14-775045), but it seems to be continuing to cause heartache.

4 min  |

September 02, 2025
Daily FT

Daily FT

Sri Lanka's automobile market: Subliminal economic bubble?

From showrooms to sinking debt; is Sri Lanka repeating a global mistake?

6 min  |

September 02, 2025
Daily FT

Daily FT

Committee appointed to improve food safety in Parliament

THE Parliament Secretariat yesterday said that the House Committee, chaired by Speaker Dr. Jagath Wickramaratne, has decided to appoint a special committee to present proposals to enhance the safety of food and beverages in Parliament.

1 min  |

September 02, 2025