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Daily FT

Daily FT

Sri Lanka's digital tax shift: Balancing revenue needs with innovation and growth

SRI Lanka is in the midst of a critical transition as it begins to reshape its tax system to reflect the realities of a growing digital economy. With rapid digital adoption across sectors from e-commerce and online advertising to streaming platforms and software-as-a-service providers it has become clear that the country’s tax regime must evolve to capture this expanding domain. In recent years, the Government has initiated a series of steps to bring digital platforms under its tax net, aligning with international trends and the country’s urgent domestic revenue needs.

5 min  |

July 15, 2025

Daily FT

Union Assurance celebrates top performers of Pan Asia Bank's Bancassurance team

UNION Assurance, Sri Lanka’s longest-standing private Life Insurer, hosted an exclusive event to celebrate the outstanding achievements of its Pan Asia Bank’s Bancassurance channel.

1 min  |

July 15, 2025

Daily FT

AIA tops global MDRT rankings for the 11th year

AIA Group Ltd. (“AIA” or the “Group”) has announced that it has once again achieved the highest number of Million Dollar Round Table (MDRT) members worldwide.

1 min  |

July 15, 2025
Daily FT

Daily FT

District 82 welcomes new leadership for Toastmasters year 2025-2026

HAVING marked its 100th anniversary in October last year, Toastmasters International enters its second century with renewed purpose and global momentum.

2 min  |

July 15, 2025
Daily FT

Daily FT

Technomedics adds three new members to Board

TECHNOMEDICS, a leader in healthcare technology in Sri Lanka, has announced the appointment of Mevan Srilal, Chanaka Weerawardena, and Rajeeva Wimalawickrama to its Board of Directors, effective from 1 April 2025.

1 min  |

July 15, 2025
Daily FT

Daily FT

England in stunning victory over India

ENGLAND yesterday clinched a stunning victory over India by 22 runs in the third Test at Lords to get 2:1 advantage in the 5-match series.

1 min  |

July 15, 2025
Daily FT

Daily FT

Alumex achieves 'ASI Performance Standard Certification,' marking a milestone in sustainable aluminium manufacturing

ALUMEX PLC, the country's leading aluminium extrusion manufacturer, was bestowed with the prestigious Aluminium Stewardship Initiative (ASI) Performance Standard Certification, becoming the first in Sri Lanka to earn this globally recognised benchmark for sustainable aluminium production.

1 min  |

July 15, 2025
Daily FT

Daily FT

How Malaysia's new-age tourism blends nature, heritage, and modernity right

FROM a cruise boat gliding across Putrajaya's lake, every passenger stood still, captivated by the story unfolding before us. Bridges, buildings, and sprawling malls rose in a rich mix of historical, traditional, and contemporary design, mirrored back in the water and glittering under Malaysia's blinding sun.

6 min  |

July 15, 2025
Daily FT

Daily FT

SLB inaugurates Badminton Academies Evaluation Committee

A Badminton Academies Evaluation Committee was instated with Chamara Aluthge being appointed as its inaugural Chairman at Special General Meeting conducted by Sri Lanka Badminton (SLB), headed by the incumbent President Roshan Gunawardena.

1 min  |

July 15, 2025
Daily FT

Daily FT

Dinusha leads Sri Lanka 'A' fight back with century

First four-day unofficial Test against Australia 'A'

1 min  |

July 15, 2025

Daily FT

Messi extends MLS record with double in Miami win

LIONEL Messi extended the Major League Soccer record for scoring multiple goals in successive games to five with another double as Inter Miami beat Nashville 2-1 on Saturday.

1 min  |

July 15, 2025

Daily FT

EDB invites applications for Presidential Export Awards 2024/25

THE Sri Lanka Export Development Board (EDB) yesterday announced that it officially opened applications for the prestigious Presidential Export Awards (PEA) 2024/25.

1 min  |

July 15, 2025
Daily FT

Daily FT

Kalbe International expands commitment to Sri Lanka's healthcare landscape

KALBE, a leader in healthcare spanning pharmaceuticals and nutrition, has been present in Sri Lanka for over 30 years, demonstrating its commitment to delivering high-quality healthcare solutions to the nation.

2 min  |

July 15, 2025
Daily FT

Daily FT

Antisemitic terrorism: Global North's propaganda

ALTHOUGH the origins of modern terrorism go back to the French Reign of Terror in 1700s and could therefore be considered as a product of Western modernity, its 20th century incarnation may well be traced back to the Taliban warriors who were initially praised as freedom fighters by the then US president Ronald Regan when Taliban fought against Soviet invasion of Afghanistan, but later condemned them as terrorists when they turned their weapons against US itself for trying to replace Soviet presence. Thereafter terrorism and terrorists had become officially accepted labels to decry armed resistance against state terror.

3 min  |

July 15, 2025

Daily FT

People's Bank launches SME Business Credit Card in partnership with Mastercard

PEOPLE'S Bank has unveiled its latest credit card offering—the SME Business Credit Card—specially designed for Small and Medium Enterprise (SME) customers, in collaboration with Mastercard.

1 min  |

July 15, 2025
Daily FT

Daily FT

Lanka Hospitals expands services with LankaLifeLine and LankaCare

24/7 trauma care and home care services to cover mostly overlooked areas of healthcare Solution for Sri Lankan expats to manage family care back home New initiative as dollar income project for the nation Health and Media Minister Dr. Nalinda Jayatissa calls for dual healthcare model blending public and private services to lift national standards and reduce hospitalisation Tourism Deputy Minister Prof. Ruwan Ranasinghe welcomes new initiatives to promote medical tourism Lanka Hospitals plans for extensive future expansions and investments on community-oriented healthcare solutions

7 min  |

July 15, 2025
Daily FT

Daily FT

India-funded 115-unit housing project opens in Anuradhapura

PRIME Minister Dr. Harini Amarasuriya and Indian High Commissioner Santosh Jha last Saturday jointly inaugurated and handed over to the beneficiaries houses constructed with Indian assistance under the Sri Sobitha Nahimigama Project in the Anuradhapura district.

2 min  |

July 15, 2025

Daily FT

Hemas Health Plus: Modern OPD for modern life – with the Plus you deserve

SRI Lanka’s healthcare landscape is evolving, and leading this transformation is Hemas Health Plus— the country’s newest, purpose-built outpatient care destination that reimagines how healthcare is experienced. Developed by Hemas Hospitals, Health Plus combines state-of-the-art medical services with a modern, lifestyle-friendly environment designed for comfort, privacy, and convenience.

2 min  |

July 15, 2025
Daily FT

Daily FT

Justice wears human face: CIPM Sri Lanka and SLJI empower judges beyond bench

IN an inspiring and forward-thinking initiative, the Sri Lanka Judges’ Institute (SLJI), in collaboration with the Chartered Institute of Personnel Management (CIPM) Sri Lanka, conducted a pioneering capacity-building workshop on Human Resource Management and the Human Side of Justice for newly appointed Magistrates and District Judges. Held on Wednesday, 9 July, at the SLJI Auditorium in Colombo, the session brought together over 50 judicial officers for a day of deep reflection, learning, and renewal of purpose.

2 min  |

July 15, 2025
Daily FT

Daily FT

BCC Lanka goes digital

BCC Lanka Ltd., operating under the Industry and Entrepreneurship Development Ministry, has officially transitioned from its longstanding manual system—used for over 35 years—to a digital platform.

1 min  |

July 15, 2025
Daily FT

Daily FT

Bad batting and fielding reasons for Sri Lanka's heavy defeat

Batting combinations continue to haunt Sri Lanka

2 min  |

July 15, 2025
Daily FT

Daily FT

Sri Lanka can drive investment through labour reforms: Invest India former CEO

INVEST India former Managing Director and CEO Deepak Bagla recently stressed that effective labour reforms are essential for Sri Lanka to attract foreign direct investment (FDI) and export development strategy to its export sector.

4 min  |

July 14, 2025

Daily FT

President calls for united export strategy amidst US tariff challenge

PRESIDENT Anura Kumara Disanayake on Saturday confirmed that Sri Lanka has successfully negotiated a reduction in the proposed reciprocal tariff imposed by the US, bringing the rate down from 44% to 30%.

1 min  |

July 14, 2025

Daily FT

Softlogic Life completes 100% acquisition of Allianz Life Insurance Lanka

SOFTLOGIC Life Insurance PLC has successfully completed the acquisition of 100% of the shares of Allianz Life Insurance Lanka Ltd., (Life Business), following the receipt of regulatory approval from the Insurance Regulatory Commission of Sri Lanka (IRCSL).

2 min  |

July 14, 2025
Daily FT

Daily FT

MESSAGE FROM THE AMBASSADOR OF FRANCE TO SRI LANKA

Today, we proudly celebrate France's national holiday, Bastille Day.

7 min  |

July 14, 2025
Daily FT

Daily FT

Back to the gates of other Bastilles

I sense the long weekend — we Sri Lankans being past-masters at combining a Thursday poya with the traditional brace of days six and seven - somewhat dampened any marked commemoration of the apex of our erstwhile Aragalaya.

5 min  |

July 14, 2025

Daily FT

Rubber products exporters call for immediate Govt. action over 30% US tariff

■Says US proposed move threatens $ 1 b export industry

2 min  |

July 14, 2025

Daily FT

Sri Lanka and China reaffirm commitment to deepening strategic cooperation

FOREIGN Affairs, Foreign Employment and Tourism Minister Vijitha Herath on Saturday met with Chinese Foreign Minister Wang Yi on the sidelines of the ASEAN Foreign Ministers' Meetings in Kuala Lumpur.

1 min  |

July 14, 2025
Daily FT

Daily FT

Sri Lanka's solar dilemma

Managing growth, grid stability, and fair compensation in the wake of Surya Bala Sangramaya

4 min  |

July 14, 2025
Daily FT

Daily FT

Reopening Katchatheevu issue by BJP: Ploy to target DMK, blame Nehru legacy, or checkmate Sri Lanka?

FOR successive Sri Lankan Governments and the people of Sri Lanka, the subject of Katchatheevu has long been viewed as conclusively resolved through two bilateral agreements signed with India in 1974 and 1976. However, the issue continues to resonate in Tamil Nadu, where political and emotional sensitivities remain.

5 min  |

July 14, 2025