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Daily FT

Daily FT

Dayasumana Gamage appointed Acting MD and Acting Principal Officer for Co-operative Insurance Company

THE Board of Directors of Cooperative Insurance Company PLC has announced the appointment of Dayasumana Gamage as the Acting Managing Director and Acting Principal Officer with the approval of Insurance Regulatory Commission of Sri Lanka, effective 29 October 2025. He will continue to serve as the Vice Chairman of the Company.

1 min  |

November 10, 2025

Daily FT

US firm AMG takes over Bogala Graphite’s owning company of German origin

AMG Critical Materials N.V. (AMG) and Asbury Carbons Inc. (Asbury Carbons) have announced the signing of a definitive agreement for AMG to sell Graphit Kropfmtihl GmbH (GK) to Asbury Carbons, a portfolio company of Mill Rock Capital.

1 min  |

November 10, 2025

Daily FT

MSME Federation criticises Budget 2026 over VAT threshold reduction, lack of support

THE Ceylon Federation of MSME President Mahendra Perera yesterday criticised the 2026 Budget for failing to provide relief to struggling micro, small and medium enterprises (MSMEs), and warning that the reduction of the VAT threshold and lack of credit access could further strain both enterprises and consumers.

1 min  |

November 10, 2025

Daily FT

HNB Investment Bank drives JF Packaging IPO to six-fold oversubscription

THE Initial Public Offering (IPO) of JF Packaging Ltd., was oversubscribed by more than six times, reflecting strong investor confidence in both the company’s growth potential and the broader appetite for quality local listings.

1 min  |

November 10, 2025

Daily FT

Cardinal condemns planned sexual education curriculum, warns of foreign influence

ARCHBISHOP of Colombo Malcolm Cardinal Ranjith has raised alarm over what he described as an \"inappropriate sexual education program\" being developed for inclusion in the country's school curriculum next year, warning that it threatens to erode Sri Lanka's cultural and moral values.

1 min  |

November 10, 2025
Daily FT

Daily FT

NATIONAL RANKING TOURNAMENT Sensational final round gives Chanaka fine win

EXPERIENCED Chanaka Perera won the National Ranking Tournament (NRT), which took place at the Nuwara Eliya Golf Club (NEGC) from 6 to 9 November.

1 min  |

November 10, 2025

Daily FT

Djokovic out of ATP Finals after winning 101st title

NOVAK Djokovic secured the 101st title of his career with victory at the Hellenic Championship-but then had to withdraw from the ATP Finals because of injury.

2 min  |

November 10, 2025

Daily FT

Advantis celebrates excellence, innovation, and leadership at Advantis Awards 2025

ADVANTIS Group, the transportation and logistics arm of Hayleys PLC, recently hosted the Advantis Awards 2025 to celebrate excellence, innovation, and leadership across its regional operations.

2 min  |

November 10, 2025
Daily FT

Daily FT

Eng. Ravi Rupasinghe appointed OPA Secretary

ENG. Ravi Rupasinghe has been appointed as the General Secretary of the Organisation of Professional Associations of Sri Lanka (OPA) for the 2025/2026 term.

1 min  |

November 10, 2025

Daily FT

Manchester United's de Ligt secures late draw against Tottenham

MATTHIJS de Ligt equalised in the sixth minute of a dramatic period of stoppage time to earn Manchester United a 2-2 draw at Tottenham Hotspur in the Premier League on Saturday.

1 min  |

November 10, 2025

Daily FT

Private sector borrowings spike to record Rs. 236 b in Sept.

TOTAL private sector borrowings in September spiked to a record Rs. 236.3 billion, resulting in the total outstanding amount reaching Rs. 9.52 trillion, up 22.1% from a year ago.

1 min  |

November 10, 2025
Daily FT

Daily FT

Harsha slams 2026 Budget, decries Rs. 1 t deception

SJB MP points to Rs. 1 t deception; says Treasury overflowing while poor taxed more ™ Says Budget 2026 built on broken promises, false narratives @ Labels housing, loan plans for State workers “a joke” 1 Warns of new property tax and record Rs. 3.8 t borrowing ™ Accuses Govt. of failing youth, SMEs and elderly

3 min  |

November 10, 2025
Daily FT

Daily FT

Boards that deliver: Embedding accountability and competence into sustainability governance

A reflection on how boards can navigate the evolving expectations of sustainability governance with empathy, balance, and purpose

8 min  |

November 10, 2025

Daily FT

Seven Sri Lankan drug traffickers abroad express willingness to surrender: Minister

PUBLIC Security Minister Ananda Wijepala yesterday revealed that seven Sri Lankan nationals involved in drug traffickingand currently hiding in Middle Eastern countries have indicated their readiness to surrender to jocal authorities.

1 min  |

November 10, 2025
Daily FT

Daily FT

ICT veteran Jayantha Fernando joins LOLC Finance Board

LOLC Finance PLC has appointed Jayantha Fernando to its Board as a Non-Executive Independent Director.

1 min  |

November 10, 2025

Daily FT

CBSL tightens vehicle loan limits to curb financial sector risk

THE Central Bank of Sri Lanka (CBSL) has tightened credit conditions for vehicle financing by reducing the maximum loan-to-value (LTV) ratios that banks and finance companies can offer, effective 8 November 2025.

1 min  |

November 10, 2025

Daily FT

Ceylon Chamber says Budget 2026 reinforces policy stability, calls for faster reforms to achieve growth

Seeks clarification on Economic Transformation Act and reforms to key investment institutions Suggests reform progress tied to B-Ready Index Urges fast-tracking legislation related to SOE and PPP reforms to deliver the growth dividends expected from structural measures

2 min  |

November 10, 2025

Daily FT

Trinity awards Lion and Colours for 2025 rugby

TRINITY College recently awarded Lion and Colours for their rugby outfit during the 2025 season’s performances.

1 min  |

November 10, 2025
Daily FT

Daily FT

Sarvajana Trust launches as pathway to grassroots empowerment

THE Sarvajana Trust, an independent trust fund dedicated to empowering women and youth across Sri Lanka, was officially launched last week in Colombo.

1 min  |

November 10, 2025

Daily FT

Shippers’ Academy awareness workshop on best practices in international sales contracts

THE Shippers’ Academy Colombo will be conducting an awareness workshop on best practices to be established in international sales contracts for merchandise cargo on 19 November from 9.00 a.m. to 12.30 p.m. at the Distance Learning Centre, Colombo 7.

1 min  |

November 10, 2025

Daily FT

SL, Saudi discuss maritime industry cooperation

AMBASSADOR of Sri Lanka to the Kingdom of Saudi Arabia, Ameer Ajwad, met with Minister of Transport and Logistics Services of Saudi Arabia, Eng. Saleh bin Nasser bin Alali Aljasser, for a productive discussion on enhancing cooperation in the fields of maritime, ports, and aviation between the two countries.

1 min  |

November 10, 2025
Daily FT

Daily FT

KALBE Sri Lanka launches 'Test for Them' campaign for World Diabetes Day 2025

Free diabetes screenings across Western Province from 14-30 November

1 min  |

November 10, 2025
Daily FT

Daily FT

England beat physical Fiji for ninth consecutive win

ENGLAND scored four second-half tries to see off a tough Fiji side in their second autumn international at Allianz Stadium on Saturday.

1 min  |

November 10, 2025

Daily FT

Budget 2026: Reforming public sector

PRESIDENT Anura Kumara Disanayake on Friday presented what seemed at first glance a pragmatic and forward looking Budget 2026 with strong emphasis on rebuilding, modernisation, and restoring investor and public confidence.

2 min  |

November 10, 2025
Daily FT

Daily FT

CA Sri Lanka convocation sees record 617 new Chartered Accountants

THE grandeur of the Bandaranaike Memorial International Conference Hall (BMICH) on Friday provided a fitting backdrop for a historic moment in Sri Lanka's professional landscape as the Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) not only held a convocation but staged a celebration of ambition and excellence, welcoming a record-breaking 617 new Chartered Accountants.

1 min  |

November 10, 2025

Daily FT

COYLE Leadership Forum 2025 today

THE Chamber of Lankan Entrepreneurs (COYLE) is once again championing Sri Lanka’s entrepreneurial spirit with the much-anticipated ‘I AM COYLE Leadership Forum 2025’, today from 5.30 p.m. onwards at the Shangri-La Hotel, Colombo.

1 min  |

November 10, 2025

Daily FT

XpressJobs named Official Recruitment Partner for Automobile Industry Awards 2025

XPRESSJOBS has officially partnered with the Automobile Industry Awards 2025 as the Official Recruitment Partner.

1 min  |

November 10, 2025
Daily FT

Daily FT

Secondary Bond market turns bullish

THE secondary Government securities market commenced last week on a positive note, extending the momentum from the prior week’s rally. The surge in demand drove yields sharply lower, particularly across the 2026~2030 maturities resulting in a further downward shift in the overall yield curve amid robust activity and volume levels

3 min  |

November 10, 2025
Daily FT

Daily FT

Sisira Dabare appointed Softlogic Finance Deputy Chairman

SOFTLOGIC Finance PLC has announced the appointment of Hewage Sisira Samantha Dabare, Senior Independent Non-Executive Director as Deputy Chairman.

1 min  |

November 10, 2025

Daily FT

Bank of Ceylon marks 11th anniversary in Seychelles

A delegation from the Bank of Ceylon (BOC), led by Chairman Kavinda de Zoysa, Acting Chief Executive Officer Y.A. Jayathilaka, and Country Manager Rajith Thushantha, paid a courtesy call on the Acting High Commissioner of Sri Lanka to the Republic of Seychelles, Manisha Perera, at the High Commission in Victoria recently.

1 min  |

November 10, 2025
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