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Daily FT
Secondary Bond market yields decrease
Rs. 113 b Treasury bill auction fully subscribed Rupee appreciates
1 min |
July 03, 2025
Daily FT
Volker Türk's accountability absurdities, nasty Nazi allusions and internationalisation trap
UNITED Nations Human Rights High Commissioner Volker Türk made several pronouncements in Sri Lanka which tell us that he views this country through an utterly flawed paradigmatic prism, and therefore cannot but get his perspective on Sri Lanka dangerously wrong.
9 min |
July 03, 2025
Daily FT
SriLankan Airlines under fresh probe for irregularities from 2010-2025
Cabinet appoints Special Presidential Committee led by ex-Auditor General H.M. Gamini Wijesinghe to probe aircraft leasing, recruitment and transactions beyond previous inquiries Investigation also reviews Airport and Aviation Ltd.'s operations Cabinet Spokesman and Minister Dr. Nalinda Jayatissa says move aims to identify root causes of losses without prioritising privatisation Asserts CIABOC and CID probes continue separately on specific complaints
1 min |
July 03, 2025
Daily FT
Sri Lanka awaits favourable US response on reciprocal tariffs by 8 July
Cabinet Spokesman and Minister Dr. Nalinda Jayatissa says believes US will adjust tariff policies without harming exporters or broader economy Asserts Sri Lanka proactively engaged through multiple Zoom discussions with USTR officials Notes joint statement depends on further US decisions US remains key export market, importing $ 3 b in goods last year, mostly garments
1 min |
July 03, 2025
Daily FT
Sri Lanka and Australia deepen trade collaboration through seminar on export promotion best practices
THE Sri Lanka Export Development Board (EDB), in partnership with the Australian High Commission, the Australian Trade and Investment Commission (Austrade), and the Department of Foreign Affairs and Trade (DFAT), hosted a high-level seminar titled \"Leveraging Australian Best Practices in Export Promotion\" on 30 June in Colombo.
1 min |
July 03, 2025
Daily FT
DG Sports approves HK referees for two important matches
IN a landmark decision, two pivotal Dialog Schools Under-19 League fixtures on 5 July will be officiated by Hong Kong referees as the four principals of Trinity, Royal, Isipathana and S. Thomas'had written to Sri Lanka Schools Rugby Football Association requesting for overseas referees.
1 min |
July 03, 2025
Daily FT
Sri Lanka to ink MoUs with regional countries for pharmaceutical supplies
Framework allows direct deals between nominated foreign suppliers and SPC Senior officials’ committee formulates system to identify suitable countries for G2G sourcing Identifies seven countries—India, Pakistan, Bangladesh, Indonesia, Thailand and Türkiye for potential MoUs Cabinet Spokesman and Health Minister Dr. Nalinda Jayatissa says list of 113 registered pharmaceuticals submitted for export under program Confirms four countries have already expressed interest in supplying medical items Says priority given to affordable prices and quick delivery timelines Aims to address critical shortages in healthcare system affecting patient care
1 min |
July 03, 2025
Daily FT
SL to ink MoU with South Korea's Yeongwol Local Government to deploy seasonal workers on E-8 visas
THE Cabinet of Ministers on Tuesday (1) approved signing a Memorandum of Understanding (MoU) with the Yeongwol Local Government Institution of the Republic of Korea to send seasonal workers under South Korea’s E-8 visa category.
1 min |
July 03, 2025
Daily FT
A conversation on travel and stories at market with Zahirah Marty
UNDER the sweltering midday heat at Colombo’s Pettah market, Dubai-based presenter and travel journalist Zahirah Marty, visiting Sri Lanka to film an episode of her show My Travel Diary, was in her element, discovering stories in every corner with Director Buddy Gaylard. Daily FT joined her as she explored the market, curating moments and capturing the spirit of the city in its vibrant chaos.
6 min |
July 03, 2025
Daily FT
Beyond borders: Closer look at France-Sri Lanka economic cooperation
FRANCE and Sri Lanka have been steadily building economic ties in recent years, with cooperation expanding across trade, investment and tourism. While the relationship remains modest in scale compared to larger regional partners, both countries stand to benefit from deeper commercial engagement. This article examines bilateral trade, investment, tourism as well as French contributions through development aid.
2 min |
July 03, 2025
Daily FT
Nalinda defends fuel pricing formula despite past criticism
Says formula helps manage global price volatility, reduce CPC's financial strain from earlier irregularities Confirms July fuel prices are based on June's average prices, reflecting recent import costs Notes Govt. has passed on price reductions in past seven months whenever feasible Claims CPC still burdened by legacy debts and irregularities Assures sufficient fuel stocks to meet demand for at least two months; rejects fears of immediate shortages
1 min |
July 03, 2025
Daily FT
Gill century headlines India's strong start at Edgbaston
SHUBMAN Gill continued his red-hot form with the willow at Edgbaston as he dominated the England bowlers on Day 1 with India looking to draw level in their second clash of the five-Test series as part of the ICC World Test Championship 2025-27 cycle.
1 min |
July 03, 2025
Daily FT
From awareness to action: Applying marketing principles to transform tax administration in Sri Lanka
EVERY nation adopts its own unique approach to managing and administering taxes, reflecting its economic priorities and governance model.
3 min |
July 03, 2025
Daily FT
Sri Lanka and Thailand deepen bilateral ties in public health cooperation
ON 27 June, Health Deputy Minister Hansaka Wijemuni held a bilateral meeting with Thai Public Health Deputy Minister Dej-is Khaothong on the sidelines of the Third Ministerial Conference on Civil Registration and Vital Statistics in Asia and the Pacific.
1 min |
July 03, 2025
Daily FT
ICSI organises 18th International Professional Development and Fellowship Program in Sri Lanka
THE Institute of Company Secretaries of India (ICSI) organised its 18th International Professional Development and Fellowship Program (IPDFP) in Sri Lanka from 20-27 June 2025.
1 min |
July 03, 2025
Daily FT
Sithara awarded ISO 14001 (Environment) and ISO 45001 (Health and Safety) Management System Certifications
SITHARA Ltd., the pioneer of printing ink manufacturing in Sri Lanka, has recently been awarded ISO 14001(Environment) and ISO 45001(Health and Safety) Management System Certifications by Bureau Veritas Lanka Ltd. This significant achievement reflects the company's unwavering commitment to environmental stewardship and the health and safety of its employees.
1 min |
July 03, 2025
Daily FT
ITS Grandeur launches in Sri Lanka, setting new benchmarks in HR and business advisory services
ITS Grandeur Ltd., a specialist Human Resource advisory and business solutions provider, has officially launched marking a significant milestone in Sri Lanka's HR and business services sector.
1 min |
July 03, 2025
Daily FT
Visit of CII CEOs delegation to Colombo
A CEOs delegation of the Confederation of Indian Industry (CII), led by CII Immediate Past President and ITC Ltd. Chairman and Managing Director Sanjiv Puri, visited Colombo from 29 June to 2 July. The visit followed an invitation extended by the President of Sri Lanka during his State visit to India.
1 min |
July 03, 2025
Daily FT
Sri Lanka celebrates Olympic Day 2025 at Galle Fort with spirit of unity and inclusion
THE National Olympic Committee of Sri Lanka last week celebrated the Olympic Day 2025 at the historic Galle Fort.
1 min |
July 03, 2025
Daily FT
Asiri Hospital Holdings announces appointment of Kalum de Silva to Board and subsidiary
ASIRI Hospital Holdings PLC and Asiri Surgical Hospital PLC have announced the appointment of Kalum de Silva as a Non-Executive, Independent Director.
1 min |
July 03, 2025
Daily FT
HNB General Insurance launches customer support chatbot powered by AccelTree
HNB General Insurance (HNBGI), has enhanced its digital service capabilities with the official launch of HNBGI NEXA, a web-based customer support chatbot developed in collaboration with Indian based InsurTech company AccelTree Software.
1 min |
July 03, 2025
Daily FT
NCPC Ignites Sustainability Momentum with the Official Launch of the 3rd International Conference & NCP Awards 2025
In a major step towards promoting sustainable industrial growth, the National Cleaner Production Centre (NCPC), Sri Lanka officially launched the 3rd International Conference on Resource Efficiency and Circular Economy and the NCP Awards 2025 at a press briefing held at Cinnamon Lakeside, Colombo.
2 min |
July 03, 2025
Daily FT
TWC Capital advises Hela on major FDI deal amid apparel sector uncertainty
TWC Capital, a leading corporate finance advisory firm under TWC Holdings, successfully served as the sole financial adviser to Hela Apparel Holdings PLC on its divestment of two running garment factories in Mawathagama and Narammala including a freehold property with a warehouse in Uhumeeya to Q Collection Ltd., a Singapore-based investor backed by Bangladeshi interests.
1 min |
July 03, 2025
Daily FT
Sri Lanka hosts Destination Awareness Dinner with Qatar Airways and Digitrips
SRI Lanka Embassy in Belgium, in collaboration with Qatar Airways and DigiTrips, hosted a Sri Lanka Destination Awareness Dinner on 12 June, to over 40 leading outbound tour operators across Belgium at the Sri Lanka Residence in Brussels, aiming at highlighting the increasing interest in Sri Lanka as a top-tier tourist destination.
1 min |
July 03, 2025
Daily FT
CSE rebounds, gets boost by higher turnover
THE Colombo stock market yesterday reverted to positive territory fuelled by better investor activity.
1 min |
July 03, 2025
Daily FT
Union Assurance celebrates unmatched excellence at Agency Distribution Annual Awards
UNION Assurance, recently held its Agency Distribution Annual Awards 2024 at Cinnamon Life at City of Dreams.
2 min |
July 03, 2025
Daily FT
Sri Lanka take 1-0 lead after Bangladesh batting debacle
Run out sparks sensational collapse — 7 wickets fall for 5 runs
3 min |
July 03, 2025
Daily FT
RichLife Leads in Sustainable Dairy with ECO Label Recognition
Nutrition with Purpose – Dairy That Cares for People and the Planet
2 min |
July 03, 2025
Daily FT
Kreston Sri Lanka recognised as an ACCA Approved Employer
KRESTON Sri Lanka, a leading name in audit, tax, and advisory services, has been officially recognised as an ACCA Approved Employer, a prestigious status granted to organisations that uphold exceptional standards in employee training and professional development, reflecting ACCA’s global values of integrity, innovation, and inclusion.
1 min |
July 03, 2025
Daily FT
BPPL Holdings completes rotation of Independent Directors
BPPL Holdings PLC has announced the rotation of its Independent Directors in accordance with the revised listing rules of the Colombo Stock Exchange (CSE).
2 min |