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Daily FT

New casino entry levy, betting and gaming taxes come into effect

THE Inland Revenue Department (IRD) has announced that a series of tax increases on Sri Lanka's betting and gaming sector came into effect from 1 January, following amendments to the Betting and Gaming Levy Act, No. 40 of 1988, under the Betting and Gaming Levy (Amendment) Act, No. 25 of 2025.

1 min  |

January 05, 2026
Daily FT

Daily FT

Thushan Amarasuriya appointed Singer Finance Managing Director

SINGER Finance (Lanka) PLC has announced the appointment of Thushan Amarasuriya as the Managing Director with effect from 1 January 2026.

1 min  |

January 05, 2026

Daily FT

FACETS Sri Lanka 2026 ushers next phase of growth for gem and jewellery industry

FACETS Sri Lanka 2026 was officially inaugurated on Saturday at Cinnamon Life at City of Dreams, marking a significant milestone for Asia's premier gem and jewellery exhibition.

2 min  |

January 05, 2026

Daily FT

JVP condemns US military aggression against Venezuela

THE National People's Power (NPP) Government's main constituent party, the Janatha Vimukthi Peramuna (JVP) yesterday issued a statement condemning what it described as military aggression by the US against Venezuela, asserting that the sovereignty of the Latin American nation and the right of its people to determine their leadership must not be violated, according to a press release issued by its Political Bureau.

2 min  |

January 05, 2026
Daily FT

Daily FT

Private sector lending rates increase as FD returns fall

PRIVATE sector lending rates remained elevated in 2025 as demand for credit improved even as returns on bank fixed deposits declined in line with benchmark Treasury Bill rates.

2 min  |

January 05, 2026

Daily FT

Three Trinitians in SL Under-19 Cricket WC squad

THREE Trinitians who represented Sri Lanka at the Asia Cup 2025 last month found their places in the 2026 ICC Under-19 World Cup which is currently taking place in Namibia and Zimbabwe.

1 min  |

January 05, 2026

Daily FT

India to play additional T20ls in support of Cyclone Ditwah victims

INDIA has agreed to play two additional Twenty20 International matches during the Sri Lanka tour in August as part of an effort to support the welfare efforts of the people affected by the Ditwah cyclone.

1 min  |

January 05, 2026

Daily FT

Independent Adviser tells Serendib Land shareholders to reject Senthilverl Mandatory Offer

SERENDIB Land PLC's Board of Directors has rejected the Mandatory Offer made by Senthilverl Holdings Ltd., advising shareholders not to accept the offer price of Rs. 1,500 per share, citing that it represents a discount to the company’s valuation based on independent opinion.

2 min  |

January 05, 2026

Daily FT

CBSL extends term of Administrator appointed to Nation Lanka Finance

THE Central Bank of Sri Lanka (CBSL) has extended the tenure of P.W.D.N.R. Rodrigo, the Administrator appointed to Nation Lanka Finance PLC (NLFP), under the Banking (Special Provisions) Act, No. 17 of 2023 (BSPA).

1 min  |

January 05, 2026

Daily FT

Rupee depreciates 5.6% against USD in 2025

SRI Lanka's rupee weakened against the US dollar in 2025, posting an annual depreciation of 5.6%, reversing the strong gains recorded over the previous two years.

1 min  |

January 05, 2026
Daily FT

Daily FT

Foreign holdings in Govt. securities more than double in 2025

■Increase 106% in 2025 after contracting 49% in 2024

1 min  |

January 05, 2026
Daily FT

Daily FT

Arrest without authority: Trump, Maduro, and strain on international law

PRESIDENT Donald Trump's address on 3 January announcing the “arrest” of Venezuelan President Nicolés Maduro marks one of the most consequential and controversial assertions of power in contemporary international relations.

5 min  |

January 05, 2026
Daily FT

Daily FT

Parliamentary Pensions (Repeal) Bill gazetted for legislative approval

THE Parliamentary Pensions (Repeal) Bill has been published in the Government Gazette, paving the way for the abolition of pension entitlements granted to Members of Parliament and their spouses under existing law.

1 min  |

January 05, 2026

Daily FT

Tax relief for donated dates during Ramadan 2026

THE Cabinet of Ministers last week approved tax relief for dates imported as donations or gifts for free distribution during the upcoming Ramadan fasting season, which will be observed from 19 February to 21 March.

1 min  |

January 05, 2026
Daily FT

Daily FT

Record arrivals and diminishing returns: Part 1

Marketing 101 - What our customers are really telling us

5 min  |

January 05, 2026

Daily FT

Govt. expands 'Suraksha' student insurance scheme with additional benefits

THE Cabinet of Ministers at their meeting last week approved the continuation of the 'Suraksha' Student Insurance Program for the 2025-2026 academic year, along with a series of amendments to expand coverage and improve access.

1 min  |

January 05, 2026
Daily FT

Daily FT

Reassessing Sri Lanka’s 2026 outlook after Cyclone Ditwah

A balance sheet of the record of President Dissanayake’s National Peoples Power (NPP) Government could put the economy in the credit box.

5 min  |

January 05, 2026
Daily FT

Daily FT

TMC Mount Lavinia opens new lounge, outlines future initiatives

THE Management Club (TMC) Mount Lavinia successfully marked the opening of its new clubhouse at the Mount Lavinia Hotel, strengthening its commitment to leadership development, professional collaboration, and member engagement.

1 min  |

January 05, 2026

Daily FT

Evolution Auto partners New Jayasekara Auto Motors to bring vehicle showroom to Kurunegala

EVOLUTION Auto, a pioneer in Sri Lanka's electric mobility sector, has officially opened its multi-brand electric vehicle (EV) showroom in Kurunegala, in collaboration with New Jayasekara Auto Motors Ltd.

1 min  |

January 05, 2026
Daily FT

Daily FT

Education at risk: Protecting childhood in a digital age

From Italy's curriculum bans to Sri Lanka's textbook scandal, Governments face a reckoning over child safety in education

10 min  |

January 05, 2026

Daily FT

SSC, Leo CC, Moratuwa SC join Army SC in securing full points

TIER B 3-DAY TOURNAMENT

2 min  |

January 05, 2026
Daily FT

Daily FT

NDB Bank and IMPACT IT forge strategic partnership

Automate business finance with direct ERP banking integration

2 min  |

January 05, 2026

Daily FT

Secondary Bond market yields close steady week-on-week

@ Primary auctions undersubscribed @ Foreign holdings in rupee Treasuries increase @ Money market liquidity increases

3 min  |

January 05, 2026

Daily FT

Cyclone Ditwah and its unparalleled damage: Seeking sustainable solutions is the biggest challenge in 2026

IN the last three years, Sri Lanka had been recovering slowly but steadily from its worst economic crisis that had crippled the country in 2022.

9 min  |

January 05, 2026
Daily FT

Daily FT

nVentures leads $ 200,000 Seed Round into Flash Health

Initiative to scale cashless outpatient care in Sri Lanka

2 min  |

January 05, 2026
Daily FT

Daily FT

Sri Lanka Pavilion at Muscat Festival promotes tourism and goods

A Sri Lanka Pavilion promoting Sri Lanka as a tourist destination for Omani holiday makers and 10 stalls displaying Sri Lankan jewellery, cosmetics, batik and other designer clothing, Sri Lanka tea, spices, and traditional food was opened today by Charge d’ Affaires of the Sri Lanka Embassy Maxwell Keegel at the Qurum Park in Muscat.

1 min  |

January 05, 2026

Daily FT

UN Security Council to convene after US move against Maduro draws international alarm

THE United Nations Security Council is set to meet today following US military action in Venezuela that led to the removal of President Nicolas Maduro, an operation the UN Secretary-General has warned could set a dangerous precedent.”

1 min  |

January 05, 2026

Daily FT

Croospulle leads run chase as CCC turn tables on Chilaw Marians CC

SLC MAJOR CLUB 3-DAY LEAGUE

3 min  |

January 05, 2026
Daily FT

Daily FT

Reclaiming Sri Lanka’s electricity future: The need for transparent, inclusive, and visionary policy reform

SRI Lanka stands at a crossroad in its pursuit of energy security, economic resilience, and sustainable development.

5 min  |

January 05, 2026
Daily FT

Daily FT

Protection of the State from Terrorism Act: A critique of the current proposal

The current draft, Protection of the State from Terrorism Act, (PSTA), which has been in the making for almost a year, was published in December 2025.

10+ min  |

January 05, 2026