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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

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

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

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

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

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

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

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

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  |

July 03, 2025
Daily FT

Daily FT

People's Bank and Mastercard unveil hi-tech virtual debit card via People's Pay App

PEOPLE’S Bank, has embarked on a landmark digital transformation journey. As part of its mission to redefine customer convenience and spearhead innovation in the local banking sector, the bank has introduced a revolutionary product in collaboration with global payment technology leader Mastercard.

2 min  |

July 03, 2025
Daily FT

Daily FT

Lanka Business TV holds "Entrepreneur" Kandy Business and Investment Summit

THE highly acclaimed “Entrepreneur” Business and Investment Summit, organised by Lanka Business TV in collaboration with Lankadeepa FT, was held with great success at the Royal Kandyan Hotel in Kandy, attracting approximately 250 entrepreneurs. The event, which took place recently, was marked by enthusiastic participation and significant engagement from the business community.

1 min  |

July 03, 2025
Daily FT

Daily FT

South Asia Textiles Limited Earns Prestigious Eco Label Certification, Setting New Standards in Sustainable Fabric Manufacturing

South Asia Textiles Limited, a fully owned subsidiary of Hayleys Fabric PLC and a leading textile manufacturer in Sri Lanka, has been awarded the Eco Label Certification by the National Cleaner Production Centre (NCPC) Sri Lanka.

1 min  |

July 03, 2025
Daily FT

Daily FT

People's Bank holds religious programs to mark 64th anniversary

PEOPLE’S Bank commemorated its 64th anniversary, which fell on 1 of July, with a series of multi-religious programs organised by the bank’s Buddhist Association, Hindu Association, Muslim Majlis, and Christian Guild.

1 min  |

July 03, 2025

Daily FT

Moves to discipline bus drivers commendable but more needs done

TRANSPORT Minister Bimal Rathnayake is going gung-ho over the mandatory seat belt rule for bus drivers.

3 min  |

July 03, 2025

Daily FT

CECB and SLEC get consultancy contracts for China-backed low-income housing project

THE Cabinet of Ministers at their meeting on Tuesday approved awarding several major consultancy contracts under a Chinese Government-supported donation scheme for low-income earners to the Central Engineering Consultancy Bureau (CECB) and the Sri Lanka Engineering Corporation (SLEC).

1 min  |

July 03, 2025
Daily FT

Daily FT

Sri Lanka faces growing climate threats amid low stakeholder literacy and financial readiness

SRI Lanka's climate crisis has intensified rapidly, far surpassing the current levels of stakeholder awareness and capacity to finance essential mitigation and adaptation efforts. As the country faces escalating risks from extreme weather, rising temperatures, and greenhouse emission levels a critical question arises: Are we ready to bridge this widening gap and take decisive action before it's too late? The climate crisis is no longer a distant threat. Its impacts are here, and they are happening now affecting people around the world on a daily basis. The need to raise ambition for climate action is more urgent than ever. The projected economic losses that can be avoided by 2100 by realising a 1.5°C warming scenario are estimated to be five times greater than the climate finance needed by 2050 to achieve it.

10 min  |

July 03, 2025

Daily FT

Sunshine Holdings invests in next-gen leaders with residential first-time manager training program

DIVERSIFIED conglomerate Sunshine Holdings PLC took a bold step in its leadership development journey with the successful conclusion of its first-time manager training program, an immersive, high-value initiative tailored to empower the next generation of leaders within the Group.

2 min  |

July 03, 2025
Daily FT

Daily FT

Ragging: Cause for or symptom of outdated higher education system?

LET me start with a multiple-choice question (MCQ) for you to choose the best answer.

9 min  |

July 03, 2025
Daily FT

Daily FT

SKAL Asia Congress 2025 successfully concludes with record participation

THE SKAL Asia Congress 2025 was held in Colombo, Sri Lanka from 25 to 29 June, marking one of the most successful editions of the event with the highest number of participants.

1 min  |

July 03, 2025
Daily FT

Daily FT

13th Capital Markets Conference puts spotlight on “New Markets, Fresh Initiatives”

THE 13th Capital Markets Conference convened in Colombo under the theme “New Markets, Fresh Initiatives,” held against a backdrop of escalating geopolitical tensions and trade disputes. The event brought together industry leaders to examine how Sri Lanka’s financial markets are adapting with renewed optimism, marked by breakthroughs such as the introduction of sustainable bonds and Sukuk. Despite global uncertainty, discussions highlighted the resilience and evolving sophistication of the country’s capital market landscape.

4 min  |

July 03, 2025
Daily FT

Daily FT

SLASSCOM marks year of purpose and progress under leadership of Nishan Mendis

Journey of rebuilding, repositioning and reigniting nation's digital and knowledge economy

4 min  |

July 03, 2025

Daily FT

Agility Innovation helps organisations navigate from compliance to confidence

Says empowering trust enables growth

3 min  |

July 03, 2025
Daily FT

Daily FT

Prominent corporate tournament 10th Turkish Airlines World Golf Cup a success

Colombo's champion Udula Wijesinghe will represent the city in Turkish Airlines World Golf Cup Grand Finals in Türkiye later this year

1 min  |

July 02, 2025

Daily FT

Key insights from top experts at first ever Data Privacy and Protection Summit tomorrow

Ground-breaking initiative by Daily FT in partnership with CICRA Holdings

1 min  |

July 02, 2025
Daily FT

Daily FT

Opposition and related problems

“While Sri Lanka’s economy is bouncing back stronger than expected, a significant portion of the population— about a third—remains in poverty or is at risk of falling back into poverty. To ensure this recovery works for everyone, especially those who have been hit hardest, Sri Lanka can focus on policies that create jobs and support the poor.” The World Bank Sri Lanka Development Update April 2025

9 min  |

July 02, 2025
Daily FT

Daily FT

SLRA holds 8th Annual General Meeting, celebrates a milestone year for Sri Lanka's retail community

THE Sri Lanka Retailers' Association (SLRA) held its 8th Annual General Meeting on 25 June, at Hilton Colombo Residencies, bringing together leaders from across the retail sector to reflect on the past year and set the course for the future.

2 min  |

July 02, 2025

Daily FT

Banks affirm strong support for SMEs while reiterating need to protect customer deposits

SLBA categorically states claims by some parate laws as an aggressive first response by banks are exaggerated and dangerously counterproductive at a time when majority of borrowers are working constructively with banks to revive their businesses

2 min  |

July 02, 2025
Daily FT

Daily FT

Tourist arrivals gain pace in June, but annual target still elusive

Sri Lanka welcomes 138,241 tourists in June up 22% YoY driven by Dawoodi Bohra convention boost Misses monthly target for sixth consecutive month, as June falls short by 39,016 visitors YTD arrivals reach just under 1.17 m, up 15.6% YoY India remains top market in June trailed by UK and China SL must attract over 1.83 m tourists in 2H to meet 3 m target Analysts warn current momentum is insufficient without urgent marketing and project implementations

2 min  |

July 02, 2025
Daily FT

Daily FT

Immigration Chief pleads guilty to contempt charges over controversial visa deal

THE Department of Immigration and Emigration (DIE) Controller General Harsha Ilukpitiya yesterday pleaded guilty before the Supreme Court to contempt of court charges relating to the controversial outsourcing of visa processing services in 2024.

2 min  |

July 02, 2025