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Daily FT
CMA Sri Lanka to host Silver Jubilee international conference on AI impact on policy, stability and growth
THE CMA Sri Lanka Silver Jubilee International Management Accounting Conference 2025, themed “Redefining Management Accounting: AI Innovation and Sustainable Value Creation”, will open with its inaugural technical sessions on 17 September at Cinnamon Life, The Forum.
1 min |
September 10, 2025
Daily FT
Dominating waters: Cinnamon Life crowned Overall Champions at JKH Swimming Meet 2025
CINNAMON Life at City of Dreams made waves at the JKH Inter-Company Swimming Meet 2025, claiming the title of Overall Champions through out-
1 min |
September 10, 2025
Daily FT
KPMG webinar today on 'Navigating Sri Lanka's Foreign Exchange Act'
AS Sri Lanka continues to refine its approach to foreign currency regulation, stakeholders must stay informed about both inbound and outbound investment frameworks under the Foreign Exchange Act No. 12 of 2017. With 2025 ushering in key updates, from remittance thresholds to repatriation procedures, there is an urgent need for clarity among investors, corporates, and financial professionals.
1 min |
September 10, 2025
Daily FT
LOLC Advanced Tech and Corsair Group partner to transform waste into fuel in Sri Lanka
LOLC Advanced Technologies (LOLC AT), a fully owned subsidiary of LOLC Holdings PLC, together with Corsair Group International headquartered in Amsterdam, has announced a partnership to upgrade and expand LOLC AT's existing waste-to-fuel plant at Kerawalapitiya. This strategic initiative aims to address Sri Lanka's growing plastic and polythene waste challenge.
2 min |
September 10, 2025
Daily FT
ITAK slams Govt. over human rights response at UNHRC
THE Illankai Tamil Arasu Kachchi (ITAK) has strongly criticised Foreign Minister Vijitha Herath’s statement at the 60th session of the United Nations Human Rights Council (UNHRC), highlighting what it calls the Government’s continued failure to address accountability, reconciliation and the rights of Tamil communities in Sri Lanka.
2 min |
September 10, 2025
Daily FT
Royal win Dudley de Silva trophy in Wesley hockey encounter
A hat trick by Lithum Karunasiri helped Royal College, Colombo to beat Wesley College in their annual hockey encounter played for Dudley de Silva trophy held in Reid Avenue school ground recently.
1 min |
September 10, 2025
Daily FT
Fairfirst Insurance beats HNB in high-scoring contest in MCA Super Premier League
A run ~ orgy of 720 runs in 587 balls was witnessed at Thurstan College Grounds, in the ongoing, 32nd Singer-MCA Super Premier League 2025 match between Fairfirst Insurance and HNB on Friday.
2 min |
September 10, 2025
Daily FT
Separating Chairman and CEO roles in PLCs
AT a recent forum organised by the Sri Lanka Institute of Directors (SLID), the CSE, and the SEC, business leader Murtaza Jafferjee made a powerful case for separating the roles of Chairman and Chief Executive Officer (CEO).
2 min |
September 10, 2025
Daily FT
Lanka Hospitals becomes first healthcare service provider to join GovPay
Marks milestone as 100th onboarded institution
2 min |
September 10, 2025
Daily FT
Nations Trust Bank strengthens businesses in Southern region to drive economic growth and agility
NATIONS Trust Bank recently hosted a business forum as part of its “Beyond Ordinary” Nations Business Advisory series, bringing together selected business and private banking customers for an evening of knowledge-sharing and purpose-driven collaboration in the Southern region.
1 min |
September 10, 2025
Daily FT
Daminda Rambukwella appointed Civil Aviation Authority Chief amid controversy
THE Cabinet of Ministers has approved the appointment of Capt. Daminda Rambukwella as the new Director General and Chief Executive Officer of the Civil Aviation Authority of Sri Lanka (CAASL), a move that has already stirred controversy in political and professional circles.
1 min |
September 10, 2025
Daily FT
Challenges faced by Sri Lanka's apparel and textile industry in US market
SRI Lanka's apparel and textile industry has been the export powerhouse for several decades to date, contributing $ 5.05 billion in 2024, with a growth of nearly 5%, operating with the anticipation of elevating to $ 7 billion by 2030, according to industry data publicly available.
5 min |
September 10, 2025
Daily FT
British Sri Lankan cardiologist meets King of Spain at world's largest heart congress
BRITISH Sri Lankan cardiologist Dr. Yanushi Dullewe Wijeyeratne received international recognition at the European Society of Cardiology (ESC) Annual Congress 2025 in Madrid, held from 29 August to 1 September.
1 min |
September 10, 2025
Daily FT
Saudi Transport and Logistics Minister receives Minister Bimal Rathnayake
SAUDI Arabia’ Transport and Logistics Minister Saleh Al-Jasser received Transport, Highways, Ports and Civil Aviation Minister of Sri Lanka, Bimal Rathnayake on the sidelines ofthe 2nd Sustainable Maritime Industry Conference held in Jeddah from 03 to 04 September.
1 min |
September 10, 2025
Daily FT
Nayana Mawilmada appointed to three JKH hotels boards
THREE John Keells group companies yesterday announced the appointment of Nayana Mawilmada as Non-Executive Director to the boards of Trans Asia Hotels PLC, Asian Hotels and Properties PLC, and John Keells Hotels PLC.
1 min |
September 10, 2025
Daily FT
Sri Lanka recalls ODI star Liyanage to shore up T20I batting for Asia Cup
Being in form has its rewards, that's why we brought him into the squad - Asalanka
2 min |
September 10, 2025
Daily FT
Carlsberg Brewery Malaysia's Anthony Yong joins Lion board
LION Brewery (Ceylon) PLC yesterday announced the appointment of Anthony Yong as Non-Executive Director of the company.
1 min |
September 10, 2025
Daily FT
Global investment in new renewable projects hits record $ 386 b
GLOBAL investment in new renewable energy projects hit a record $ 386 billion in the first half of 2025, up 10% from the previous year, a report said.
2 min |
September 10, 2025
Daily FT
NCINGA guides C-suite to achieve cyber-resilience
NCINGA shared insights on emerging Al-driven enterprise threats and the evo- lution of cybersecurity from Al-assisted security to Agentic AI at an exclusive C-suite knowledge sharing session, emphasising the need to build resilience as the new top priority.
2 min |
September 09, 2025
Daily FT
Roadmap for Sri Lanka’s regenerative future
nut with yield declines due to a climate regime of longer dry spells punctuated by high-intensity rain. Beyond the agronomy, these swings undermine wage days for casual rural labour, depress seasonal cashflows for smallholders, and trigger distress borrowing.
8 min |
September 09, 2025
Daily FT
Sri Lanka’s National People’s Power faces legacy of civil war
President Anura Kumara Disanayake and his National People’s Power Government are struggling to build a more stable, inclusive political culture in Sri Lanka. A mix of bold action and political skill will be needed. Support from the UN Human Rights Council can help.
10+ min |
September 09, 2025
Daily FT
Govt. moves to bring OTAs into tax net as Booking.com talks begin
THE Government is preparing for a decisive round of talks with global online travel giant Booking.com later this week, as it steps up efforts to bring online travel agencies (OTAs) and digital accommodation platforms into the country's regulatory and tax framework.
2 min |
September 09, 2025
Daily FT
Ex-President's arrest in Sri Lanka: Some should not be more equal than others
\"Some are more equal than others\" is a paradoxical phrase from George Orwell's allegorical novel Animal Farm that highlights societal hypocrisy, where the concept of equality is proclaimed but a privileged few receive preferential treatment
7 min |
September 09, 2025
Daily FT
SLAASMB appoints new Director General
THE Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) has announced the appointment of Shantha Halloluwa as its 5th Director General, effective from 1 September.
1 min |
September 09, 2025
Daily FT
Share prices of LAUGFS listed entities soar after Dhammika's deal
THE prices of LAUGFS Gas and LAUGFS Power voting and nonvoting shares shot up yesterday dominating the percentage wise gainers as investors reacted positively to the impending partnership with their holding company and business leader Dhammika Perera.
2 min |
September 09, 2025
Daily FT
Browns Investments signs SPA to sell Maldives resort for $ 57.5 m
BROWNS Investments PLC Group has entered into a Sale and Purchase Agreement (SPA) with ASB Hotel Properties Maldives Ltd., for the sale of the assets and business of the Barceló Whale Lagoon Maldives Resort for $ 57.5 million.
1 min |
September 09, 2025
Daily FT
Tourist arrivals surge past 1.6 m
SRI Lanka's tourism sector has registered nearly 37,500 arrivals in the first week of September, surpassing 1.6 million visitors so far in 2025-a milestone reached a month earlier than last year.
1 min |
September 09, 2025
Daily FT
Meta partners Daily FT-CICRA 11th Annual Cyber Security CEO Forum and Summit 2025
IN an era of rapid digital transformation, the need for robust cybersecurity has never been more critical.
2 min |
September 09, 2025
Daily FT
Govt. settles 55% of 2025 external debt commitments in 1H
SRI Lanka settled $ 1.36 billion in external debt servicing in the first half of 2025, covering 55% of the $ 2.45 billion due for the full year, according to data from the Public Debt Management Office and the Central Bank of Sri Lanka (CBSL).
1 min |
September 09, 2025
Daily FT
Foreign Minister Herath assures UNHRC, defends reforms, sovereignty in Geneva
FOREIGN Minister Vijitha Herath yesterday assured the United Nations Human Rights Council (UNHRC) that the Government is committed to reconciliation, human rights, and democratic reforms through national institutions, adopting a conciliatory stance towards international partners even as he firmly defended the country's sovereignty against external accountability mechanisms.
4 min |