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Daily FT

German businesses eye Sri Lanka as strategic hub amid push for trusted partnerships

German Ambassador Dr. Felix Neumann calls for faster reforms and policy consistency, stressing Sri Lanka's strategic value in global trade

3 min  |

May 29, 2026
Daily FT

Daily FT

Top financial experts unite in Colombo to address climate and fiscal challenges in Asia-Pacific

PDMO and ADB jointly host Asian Regional Public Debt Management Forum 2026

2 min  |

May 29, 2026

Daily FT

United Motors Lanka achieves highest-ever profit of Rs. 3.6 b in FY26

THE United Motors Lanka PLC has announced a strong financial performance for the year ended 31 March 2026, recording a sharp recovery in profitability and revenue across both Group and Company levels after the lifting of the import ban.

1 min  |

May 29, 2026
Daily FT

Daily FT

Japan extends support for humanitarian demining activities in northern and eastern provinces

AMBASSADOR of Japan to Sri Lanka Akio ISOMATA on Wednesday signed a grant contract for a demining project under the scheme of ‘‘Grant Assistance for Grassroots Human Security Projects (GGP)’’, with Mines Advisory Group (MAG) Head of Support Services Kevin Klerx, Hazardous Area Life-support Organisation (The HALO Trust) Program Manager Hannah Picton and Delvon Assistance for Social Harmony (DASH) Director/Program Manager Ananda Chandrasiri.

1 min  |

May 29, 2026

Daily FT

Leading SL cocktail bars unite for monumental two-part showcase in Bangkok

Double-header showcase will see SL's bar community take over two of Bangkok's most prestigious venues for pair of high-energy guest shifts on 29 May and 3 June; Collective initiative takes 'SL's rapidly evolving bar culture, ancestral crafts and contemporary hospitality to global stage

2 min  |

May 29, 2026

Daily FT

President declares 15 sectors as essential services amid post-disaster conditions

PRESIDENT Anura Kumara Dissanayake has declared 15 categories of public services as essential services under the Essential Public Services Act, No. 61 of 1979, through an Extraordinary Gazette issued yesterday (28), in a move aimed at maintaining continuity of public life amid the prevailing post-disaster situation across the country.

3 min  |

May 29, 2026

Daily FT

Sri Lanka's monetary policy remains appropriate despite rate hike: IMF

Expects inflation to remain broadly aligned with CBSL's 5% target, both this year and over the medium term |Defends flexible exchange rate regime, describing rupee as important “shock absorber” against external disruptions | Insists on importance of maintaining prudent, rules-based approach to both monetary policy and exchange rate management

2 min  |

May 29, 2026
Daily FT

Daily FT

DB Automation wins Zebra Technologies’ ‘Partner of the Year’ award

ᎠᏴ has Automation, received Zebra Technologies' 'Partner of the Year' award, reaffirming the company's leadership in enterprise technology, automation, and digital transformation solutions. The recognition highlights DB.

1 min  |

May 29, 2026

Daily FT

SLPA eyes $ 2 b port investments to ease Colombo capacity crunch

SLPA Chairman Dr. Parakrama Dissanayake says Colombo Port faces congestion as throughput demand nears full capacity amid 22% growth in April; Expects ECT will lift Colombo Port capacity to 14 m TEUs, Hambantota by 2 m TEUs next year; Reveals at SL-German Forum new logistics hub plan EOIs for 14-acre land within Colombo Port; Reveals Colombo West and North Port to add more capacity under PPP-led port projects; Prepares RFPs for marina development and port-related tourism operations in Galle and Trincomalee

3 min  |

May 29, 2026
Daily FT

Daily FT

Vijay meets Modi, raises concerns over arrest of Tamil Nadu fishermen by Sri Lankan Navy

TAMIL Nadu Chief Minister C Joseph Vijay on Wednesday met Prime Minister Narendra Modi in Delhi in a politically significant interaction that came barely weeks after the actor-turned-politician took office and nearly 12 years after their last known meeting.

1 min  |

May 29, 2026
Daily FT

Daily FT

Dialog Powers National Vesak Zone 2026 as Official Digital Partner

Bringing the National AI Vesak Card Competition and Immersive VR Experiences to Devotees

1 min  |

May 29, 2026
Daily FT

Daily FT

PM assures policy stability, reforms to woo German investors

Assures policy consistency, ease of doing business, public sector reforms at inauguration of Sri Lankan-German Business Forum 2026; Describes SL as a full, unique package given its social ecosystem; Announces Govt. plans for new German-backed renewable energy vocational training initiative; Invites German investors to participate in Sri Lanka Expo 2027

3 min  |

May 29, 2026
Daily FT

Daily FT

NSB Group posts Rs. 15.5 b operating profit in 1Q

Strong capital, liquidity and asset quality indicators reinforce bank's resilient 1Q performance | Total deposits at Rs. 1.6 t; Total operating income rises to Rs. 22.5 b | Total tax contribution for 1Q at Rs. 8.5 b | Stage 3 loans at 2.3% and Stage 3 provision cover at 59.2% | Total Capital Adequacy Ratio at 24.9%

3 min  |

May 29, 2026
Daily FT

Daily FT

Our Vesak gift or how to rebuild a civilised nation

VESAK is one of the rare religious festivals that has escaped the confines of creed and become something of a civilisational ethic. In Sri Lanka especially, it has evolved into something larger than liturgy.

7 min  |

May 29, 2026

Daily FT

Meridian Talent launches human-first recruitment model to counter AI-led hiring

MERIDIAN Talent, the specialist recruitment division of Meridian Creative Solutions led by Az Da Rosa, has launched a recruitment model that posits humans first as a response to excessive AI-led hiring.

2 min  |

May 29, 2026
Daily FT

Daily FT

Rs. 240 b Bond auction fully subscribed in first phase

Rates increase in line with policy rate hike Elevated yields triggers renewed buying in Secondary Bond market

2 min  |

May 29, 2026
Daily FT

Daily FT

Sri Lanka's energy crisis is not a shortage of resources

It is a crisis of systems and decisions

6 min  |

May 29, 2026
Daily FT

Daily FT

Unit Trust industry navigates market volatility with resilience

THE Unit Trust Association of Sri Lanka (UTASL) yesterday said the industry held steady during April 2026, amidst ongoing global geopolitical and economic uncertainties, and the resulting market volatility seen in the past few months.

1 min  |

May 29, 2026
Daily FT

Daily FT

IPG presents LPL invitation to Sports Minister

IPG Founder and CEO Anil Mohan formally presented the official invitation for the Lanka Premier League (LPL) 2026 player draft to Youth Affairs and Sports Minister Sunil Kumara Gamage, marking an important milestone in the countdown to the upcoming edition of Sri Lanka’s premier franchise T20 tournament.

1 min  |

May 29, 2026
Daily FT

Daily FT

Special exhibition on ‘Buddhist Heritage of India’ at National Vesak Festival 2026

THE High Commission of India and the Consulate General of India in Hambantota, in coordination with Madelawela Purana Viharaya, Matara, organised a special photo exhibition titled ‘Buddhist Heritage of India’ as part of the National Vesak Festival 2026.

1 min  |

May 29, 2026

Daily FT

David Pieris Automobiles and People's Leasing collaborate to strengthen BAIC and GWM vehicle sales

DAVID Pieris Automobiles Ltd. and People’s Leasing and Finance PLC recently formalised a strategic partnership through the signing of a Memorandum of Understanding (MoU), marking a significant milestone in strengthening collaboration between two of Sri Lanka’s most respected and trusted organisations.

1 min  |

May 29, 2026

Daily FT

Middle East war leads to 3.4% fall in global air passenger demand in April

THE International Air Transport Association (IATA) yesterday said total global passenger demand, measured in revenue passenger kilometers (RPK), was down -3.4% in April 2026 compared to a year ago.

2 min  |

May 29, 2026
Daily FT

Daily FT

Beyond efficiency: Reimagining public institutions for a complex world

PUBLIC institutions across the world are under increasing pressure to perform. Citizens expect faster services, greater transparency, and higher standards of accountability. In response, many governments have focused on improving efficiency—streamlining processes, reducing costs, digitising services, and optimising workflows.

3 min  |

May 29, 2026
Daily FT

Daily FT

Predicting and stabilising Exchange Rate movements

IN a central banking monetary regime exchange rate is an ‘endogenous’ variable, i.e. it is determined by several other short run and long run economic variables.

5 min  |

May 29, 2026

Daily FT

David Pieris Automobiles partners Nations Trust Bank

Initiative to enhance vehicle financing solutions for BAIC and GWM range

1 min  |

May 29, 2026
Daily FT

Daily FT

Commercial Bank now brings PayPal-linked withdrawals for customers

Enables channeling of global earnings directly into bank accounts via ComBank Digital

1 min  |

May 29, 2026
Daily FT

Daily FT

DBS Jeyaraj: The journalist, the human being, and the friend

A little over two years ago, I received an email from D. B. S. Jeyaraj. He admonished me for failing to wish him on his birthday, which had fallen a few days earlier.

5 min  |

May 29, 2026

Daily FT

LOLC Al-Falaah partners Euro Motors to drive accessible and customer-centric vehicle financing

LOLC Al-Falaah, the Alternate Financial Services Unit of LOLC Finance PLC, has announced the signing of a strategic partnership with Euro Motors Ltd., marking a significant step towards redefining accessibility to vehicle ownership through innovative and customer-centric financial solutions.

1 min  |

May 29, 2026

Daily FT

Rethinking strategy for an age of permanent volatility

THE era of predictable growth is over, and companies now face a world shaped by permanent instability, distrust, and disruption, said global business leaders recently, highlighting trust, adaptability, and organisational agility as key for survival.

6 min  |

May 29, 2026
Daily FT

Daily FT

FTZMA meets BOI Acting Chairman and Director General

FTZMA Executive Committee members, led by the Chairman, Dhammika Fernando met the Acting BOI Chairman Dr. Sulakshana Jayawardena and Director General Renuka Weerakoon to discuss several urgent matters affecting BOI enterprises and export-oriented manufacturers.

1 min  |

May 29, 2026

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