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Daily FT - April 11, 2026

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I dette nummeret

April 11, 2026

CSE sees value gain by Rs. 401 b

DURING the week, the market gained Rs. 401 billion in value with the ASPI up 4.78% or 1,011.24 points.

2 mins

Speaker endorses Social Security Contribution Levy (Amendment) Bill

SPEAKER of the House Dr. Jagath Wickramaratne on Thursday, endorsed the certificate on the Social Security Contribution Levy (Amendment) Bill.

1 mins

IRD Q1 tax revenue jumps 17.7% to Rs. 606 b

THE Inland Revenue Department (IRD) yesterday said it collected Rs. 606,002 million in tax revenue during the first quarter of 2026, sustaining strong momentum after a record performance last year.

1 mins

Sri Lanka Tourism ramps up Bangladesh outreach with first-ever Dhaka roadshow

MARKING a fresh push to tap the Bangladeshi outbound travel market, the Sri Lanka Tourism Promotion Bureau (SLTPB), together with the Sri Lankan High Commission in Bangladesh, successfully concluded its first-ever media networking session and B2B roadshow in Dhaka on 5 and 6 April.

1 mins

CBSL issues fresh reassurance on NDB

THE Central Bank of Sri Lanka (CBSL) yesterday issued a fresh reassurance to the public that it has been closely monitoring developments relating to National Development Bank PLC (NDB) following the recent disclosure of an internal fraud.

1 mins

Fitch downgrades NDB over Rs. 13.2 b fraud

FITCH Ratings yesterday said it has downgraded National Development Bank PLC’s (NDB) National Long-Term Rating to ‘A-(lka)’ from ‘A(lka)’ with a ‘Negative’ outlook on account of the Rs. 13.2 billion fraud that has hit the bank.

2 mins

NCM against Energy Minister defeated with a majority in Parliament

THE No-Confidence Motion (NCM) against Energy Minister Kumara Jayakody was defeated in Parliament yesterday, by a majority of 104 votes.

1 mins

Population hits 21.78 m as ageing trend deepens, Census shows

THE population reached 21,781,800, with demographic trends pointing to a rapidly ageing society and structural shifts in the workforce, according to the Department of Census and Statistics.

2 mins

Maga Engineering gets Rs. 2.66 b contract for Anuradhapura North water project Phase II

THE Cabinet of Ministers this week approved awarding of contract under Phase II of the Anuradhapura North Water Supply Project, to Maga Engineering Ltd., the lowest substantially responsive bidder, at a cost of Rs 2,660.70 million (Japanese Yen 628.10 million).

1 mins

ADB flags reform urgency, capital spending gaps as war shock tests recovery

RELEASING its latest economic outlook for Sri Lanka yesterday, the Asian Development Bank said that containing the economic fallout from the Mideast war and sustaining growth will depend on maintaining reform momentum and improving the execution of underperforming public investment.

3 mins

HNB Finance proposes Rs. 2.5 b Right issues

HNB Finance PLC plans to raise nearly Rs. 2.5 billion (Rs. 2,499,529,714) through a Rights issue, offering two new shares for every nine existing shares held.

1 mins

Oil edges up

OIL prices rose on 10 April 2026 as supply concerns intensified following strikes on Saudi energy facilities and continued disruption to shipping through the Strait of Hormuz.

1 mins

Motor Traffic Commissioner General further remanded

THE Motor Traffic Department Commissioner General Kamal Amarasinghe, who was arrested by the Criminal Investigation Department (CID), has been further remanded till 20 April by the Pilessa Magistrate”s Court in Kurunegala.

1 mins

Justice for All seeks for meeting with President; urges national preparedness amid West Asia risks

IN an open letter to the Government, Justice for All has sought for an urgent meeting with President Anura Kumara Dissanayake, to ensure coordinated national preparedness to mitigate the potential fallout of the West Asia conflict, following a high-level consultation, which flagged vulnerabilities across the economy, food security, health and education.

2 mins

PSC explores legal pathways to break Provincial Council election deadlock

A Parliamentary Select Committee (PSC) chaired by Minister Vijitha Herath is weighing fresh legal options to resolve the long-stalled Provincial Council elections, with officials warning that unresolved delimitation issues under the 2017 electoral reforms continue to block the process.

1 mins

ComBank accelerates cashless public transport with NCG Express partnership

IN a significant commitment of support to efforts to modernise Sri Lanka’s public passenger transport system, the Commercial Bank of Ceylon has partnered with NCG Express to introduce fully digital bus ticketing, enabling passengers to pay fares using cards, QR-based payments and contactless technology.

2 mins

CIMA President holds highlevel meeting with BOC

CIMA President and CoChair of the Association of International Certified Professional Accountants John Graham FCMA (UK), (GMA, held discussions with Bank of Ceylon Chairman and CIMA Council Member Kavinda de Zoysa FCMA (UK), CGMA, alongside the Bank of Ceylon Senior Leadership Team and members of its Board of Directors.

1 mins

SLIA award for Sri Lanka's first Three Sinha Clean Room Door, turning a new page in healthcare and laboratory sectors

THREE Sinha Industries Ltd. has been honoured with the Product Award of Merit at the Sri Lanka Institute of Architects (SLIA) Annual Sessions 2026, recognising the company's excellence in locally manufactured construction products.

1 mins

People's Bank offers gifts for Avurudu Ganu Denu

PEOPLE'S Bank, which introduced the tradition of doing business with the bank, is bringing new meaning to the Sinhala and Tamil Avurudu 'Ganu Denu' customs, by making arrangements to offer gifts to all those who take part in traditional Avurudu 'Ganu Denu'.

1 mins

CIMA President John Graham engages with MAS Holdings leadership

CHARTERED Institute of Management Accountants (CIMA) President and Association of International Certified Professional Accountants Co-Chair John Graham FCMA (UK), CGMA, recently met with MAS Holdings Group Chief Executive Officer Suren Fernando FCMA (UK), CGMA and the Senior Leadership team underscoring the strong and growing collaboration between the world’s leading professional body for management accountants and one of Sri Lanka’s most prominent global apparel and technology conglomerates.

1 mins

Sri Lanka's apparel sector gains competitive edge under UK's DCTS scheme

THE United Kingdom's revised Developing Countries Trading Scheme (DCTS), effective from January 2026, presents a clear opportunity for Sri Lanka's apparel sector.

1 mins

The unparalleled quest of a self-made Lankan artist

IS an artist set apart from the rest at birth, born with a unique gift that life should be allowed to perfect?

7 mins

'Strength to Love' when hate seems the norm

A leading figure of the American Civil Rights Movement and a pastor of the Baptist Church, Dr. Martin Luther King was assassinated on 4 April 1968 in Memphis, Tennessee.

2 mins

Light of merit over glow of fame: Redefining global ranking system

HISTORY is often written by the loudest voices, not necessarily the most impactful ones.

2 mins

Ceylon Flea Market today at Viharamahadevi Park

Th € popular Ceylon Flea Market returns to Viharamahadevi Park, Colombo today (11), from 10.00 a.m. onwards

1 mins

Avurudu at The Kingsbury

As the Sinhala and Tamil New Year approaches, The Kingsbury, Colombo, invites guests to celebrate Aluth Avurudu with a variety of offerings that bring together tradition, flavour and togetherness.

1 mins

City of Dreams welcomes Sinhala and Tamil New Year with vibrant celebration

THIS holiday season, City of Dreams Sri Lanka invites guests to step into the heart of a truly Sri Lankan celebration with Signature Avurudu—a four-day cultural experience taking place from 11 to 14 April 2026.

1 mins

COD, John Keells Foundation screen local talent for La Bamba – Song of Veracruz!

THE search for Sri Lanka's musical theatre talents for an international production has successfully concluded, with a promising group of children and adults selected to form the local cast of La Bamba - Song of Veracruz, presented by City of Dreams Sri Lanka and John Keells Foundation.

4 mins

US-Israel war and panicking Gulf regimes

THERE is no doubt that the war against Iran was started by Israel and got US dragged into it with pressure from the powerful Zionist lobby in Washington.

4 mins

Towards an ‘aluth’ (new) national identity in 2026

SWOT analysis: ethno-linguistic and cultural diversity

6 mins

Two ceasefires, one crisis: The dangerous gap between Washington and Tehran

TWO ceasefire announcements were issued within hours of each other on the same night—one from Washington, the other from Tehran.

5 mins

Oil, power, economy and stability: Strait of Hormuz and did global community neglect vitality

\"NEVER put all your geopolitical eggs in one basket\" - Prof. Kishore Mahbubani, former President of UN Security Council and storied Singaporean career diplomat.

7 mins

NOC SL empowHER women in Sri Lankan sports

THE National Olympic Committee of Sri Lanka (NOC Sri Lanka) successfully concluded its International ‘Women’s Day initiative, EmpowHER recently at the Sri Lanka Olympic House.

1 mins

DS edges out Mahanama in a thriller at Park

D.S. Senanayake College continued their dominance in the “Battle of the Golds” rugby series with a hard-fought 25/19 win over Mahanama College in their 16th annual Under 19 rugby encounter played at Havelock Park yesterday.

1 mins

Tyson Fury insists he's 'still got it' ahead of Makhmudov comeback fight

FORMER world heavyweight boxing champion Tyson Fury says he's “still got it” as he pledged to focus on the task at hand in his latest return to the ring.

1 mins

Dilroy and Raveen at Borneo Rugby Sevens

EXPERIENCED Dilroy Fernando will officiate as Referees Manager while Raveen Alexander will be one of the referees at the World famous Borneo Rugby Sevens in Malaysia on 11 and 12 April.

1 mins

Chamari Athapaththu appointed to WCA Player Advisory Board

■Joins established panel of cricketers

1 mins

Sri Lanka to feature in Asian Beach Games in Sanya

THE National Olympic Committee of Sri Lanka has announced a strong and diverse contingent for the Asian Beach Games, set to take place from 22 to 30 April in Sanya, China.

1 mins

Carnage partners NOCSL to support next generation of athletes

PERFORMANCE and lifestyle brand, Carnage, has entered into a landmark partnership with the National Olympic Committee of Sri Lanka (NOC Sri Lanka) through the signing of a Memorandum of Understanding (MOU), committing to strengthening athlete development and elevating Sri Lankan sporting performance on the international stage.