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Daily FT

Daily FT

Hutch sole telecom brand to win at SLIM Digis 2.5; clinches 6 awards

HUTCH Sri Lanka recently won six awards at SLIM Digis 2.5, making it one of the most awarded brands at this year’s digital excellence forum.

1 min  |

October 02, 2025

Daily FT

Current account surplus hits new peak at $ 2 b YTD

SRI Lanka's current account surplus expanded in the first eight months of 2025, reaching $2.04 billion on the back of stronger remittances, services and tourism earnings, and moderate export growth, even as the merchandise trade deficit widened, the Central Bank of Sri Lanka (CBSL) said.

3 min  |

October 02, 2025

Daily FT

Kane continues scoring streak at Bayern

ENGLAND Captain Harry Kane continued his incredible goalscoring run with two goals as Bayern Munich crushed Pafos in the Champions League.

1 min  |

October 02, 2025
Daily FT

Daily FT

Sri Lanka Badminton Novices sets off in Ratnapura

THE Sri Lanka Badminton Novices Championship 2025 began in Ratnapura following the opening ceremony where top officials of Sri Lanka Badminton (SLB), the Regional Development Committee and Sabaragamuwa Province Badminton Association graced the occasion.

1 min  |

October 02, 2025

Daily FT

Govt. to fast-track SL's consular and immigration services

THE Government is to fast-track passport processing for overseas applicants, more efficient handling of dual citizenship requests, and expanding digitalisation to streamline administrative procedures.

1 min  |

October 02, 2025

Daily FT

Sampath Bank only banking case study in Kotler's 'Essentials of Modern Marketing' Sri Lankan edition

THE first-ever Sri Lanka edition of Essentials of Modern Marketing by Prof. Philip Kotler, developed in cooperation with Kotler Impact Inc. and Deyo Consultancy and Advisory, was officially launched at the Cinnamon Grand Hotel in Colombo recently.

1 min  |

October 02, 2025

Daily FT

Lotus Tower sees revenue increase under new management

THE Colombo Lotus Tower Management Company (CLTMC) said that it has increased revenue by 31% since it took over administration.

4 min  |

October 02, 2025

Daily FT

SriLankan Airlines introduces UnionPay for seamless online payments

SRILANKAN Airlines, in collaboration with UnionPay International and Bank of Ceylon, has introduced UnionPay as a payment option on its official website, expanding its online payment ecosystem and offering greater convenience to the growing number of Chinese travellers.

1 min  |

October 02, 2025

Daily FT

Indian arrivals drive best-ever Sept. tourism numbers

THE tourism industry recorded its highestever September arrivals this year, driven largely by Indian visitors, boosting optimism for a strong winter season despite concerns over falling short of the ambitious 2025 target.

3 min  |

October 02, 2025

Daily FT

OSC wins Gold at International ARC Awards in New York

THE Overseas School of Colombo (OSC) has once again achieved international acclaim, winning Gold at the prestigious International ARC Awards in New York for its 2023/24 Annual Report, Timeless Dedication: Celebrating the Faces Behind Our Progress.

1 min  |

October 02, 2025

Daily FT

Sri Lanka issues first investor residence visa

THE Government yesterday issued Sri Lanka's first residence visa under the Individual Investor Category, introduced through the amended Immigration and Emigration Regulations published in November 2023.

1 min  |

October 02, 2025
Daily FT

Daily FT

Browns Hotels and Resorts shines at South Asian Travel Awards 2025

SRI Lanka's hospitality landscape received a remarkable spotlight this year as Browns Hotels and Resorts secured two of the most coveted titles at the South Asian Travel Awards (SATA) 2025, South Asia's foremost platform celebrating excellence in travel and tourism.

2 min  |

October 02, 2025
Daily FT

Daily FT

New Vithanakande reinforces supremacy with Guinness World Record for Most Expensive Tea

SRI Lanka's reputation as the home of the world's finest teas was further cemented when the New Vithanakande Tea Factory, representing the Sabaragamuwa region, set a new Guinness World Record for producing the most valuable tea ever sold.

1 min  |

October 02, 2025

Daily FT

Janek Jayasekara takes helm at International Distillers as new CEO

INTERNATIONAL Distillers Ltd., (IDL) yesterday announced the appointment of Janek Jayasekara as its Chief Executive Officer, effective 1 October 2025.

2 min  |

October 02, 2025

Daily FT

DSI Samson Group strengthens leadership with 14-member team

DSI Samson Group Ltd., has appointed eight new Board members (now a total of 14) across its subsidiaries as part of its group-wide succession plan.

1 min  |

October 02, 2025

Daily FT

Sri Lanka Food Processors Association elects Executive Committee for 2026/2027

THE Sri Lanka Food Processors Association (SLFPA) successfully held its 28th Annual General Meeting (AGM) on 24 September at The Kingsbury Hotel, Colombo, with the participation of its members and industry stakeholders.

2 min  |

October 02, 2025

Daily FT

Fitch affirms Sri Lanka at 'CCC+'

Reserves forecast to reach $ 6.4 b by end-2025 GDP growth projected at 4.4% in 2025, easing to 3.8% in 2026 and 3.6% in 2027 Primary surpluses expected to average 2.7% of GDP during 2025-2027 Govt. debt/GDP ratio forecast at 96% in 2027, with interest/revenue falling to 46.5% Macro-Linked Bonds: first GDP threshold expected to trigger by 2028, raising principal and coupon payments Debt sustainability hinging on maintaining primary surpluses and 3.5% growth

3 min  |

October 02, 2025

Daily FT

SLIM Brand Excellence 2025 achieves record entries as judging panel convenes

SLIM Brand Excellence has received the highest number of entries in its history as the judging process formally gets underway.

1 min  |

October 02, 2025
Daily FT

Daily FT

India-Sri Lanka CWC25 opener sets new attendance record

THE ICC Women’s Cricket World Cup (CWC) 2025 got off to a historic start in Guwahati on Tuesday, with the opener between India and Sri Lanka setting a new opening day attendance record at any Women’s CWC.

1 min  |

October 02, 2025

Daily FT

Keheliya asset case set for pre-trial conference in October

THE Colombo High Court has fixed 15 October for the next pretrial conference in the case against former Minister Keheliya Rambukwella and his family over alleged unlawful acquisition of assets worth about Rs. 97 million.

1 min  |

October 02, 2025
Daily FT

Daily FT

Rs. 1 b China-funded ward complex opens at Dharga Town Hospital

A new three-storey ward complex costing Rs. 1 billion has been opened at the Dharga Town District Hospital, with Health and Media Minister Dr. Nalinda Jayatissa attending the ceremony.

1 min  |

October 02, 2025
Daily FT

Daily FT

"Destination Sri Lanka" shines at IFTM Top Resa 2025 in Paris

SRI Lanka Tourism showcased \"Destination Sri Lanka\" at the International & French Travel Market (IFTM) Top Resa 2025, held at Porte de Versailles in Paris from 23 to 25 September 2025.

2 min  |

October 02, 2025
Daily FT

Daily FT

RMIT Sri Lanka Innovation Hub to boost R&D commercialisation

Hub to strengthen joint PhD programs, expand R&D commercialisation To link universities, industry, and Govt. for tech solutions Will provide training, global access, and attract research investments

1 min  |

October 02, 2025
Daily FT

Daily FT

Waters Edge records highest-ever monthly revenue in 2025

WATERS Edge recorded its highest monthly revenue last month, a record high compared to its 21-year revenue history.

1 min  |

October 02, 2025

Daily FT

Seylan Bank appoints new COO

SEYLAN Bank PLC announced the appointment of Ranil Dissanayake as its neew Chief Operating Officer (C00).

1 min  |

October 02, 2025
Daily FT

Daily FT

Top Sri Lanka food and beverages companies participate at Saudi Foodex – 2025

SRI Lanka Embassy in Riyadh facilitated 15 popular Sri Lankan food and beverages sector companies to participate at the 12th edition of Saudi Foodex - 2025 in collaboration with the Sri Lanka Export Development Board (EDB) and Sri Lanka Tea Board (SLTB).

2 min  |

October 02, 2025

Daily FT

NTB facilitates Rs. 2.7 b FDI into Sri Lanka apparel sector

NATIONS Trust Bank PLC (NTB) has facilitated a foreign investment in Sri Lanka’s apparel industry, reinforcing its position as a trusted financial partner for complex cross-border transactions and structured finance solutions.

1 min  |

October 02, 2025
Daily FT

Daily FT

CSE Annual Report 2024 wins Gold at LACP Vision Awards for 2nd year in a row

THE Colombo Stock Exchange (CSE) Annual Report 2024, themed “Redefining Horizons”, has achieved global recognition by taking home the Gold Award amongst five other awards under the Financials — Capital Markets category, at the League of American Communications Professionals LLC (LACP) 2024 Vision Awards.

1 min  |

October 02, 2025
Daily FT

Daily FT

Weapons cache uncovered near Weheragala reservoir

POLICE in Kataragama have begun an inquiry following the discovery of a cache of weapons close to the sluice gate of the Weheragala reservoir.

1 min  |

October 02, 2025

Daily FT

Sri Lanka woos Japanese investors for neutral South Asia Al Data Centre

SRI Lanka this week wooed Japanese investors to be part of the proposed neutral AI Data Centre to be set up for the benefit of South Asian countries.

1 min  |

October 02, 2025