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Daily FT

HNB strengthens green transport portfolio through Prestige Automobile partnership

HNB PLC, has announced a new partnership with Prestige Automobile Ltd., enabling flexible leasing solutions for the latest range of MAXUS electric and hybrid vehicles, including the MAXUS T90, MIFA 7, and MIFA 9.

1 min  |

August 29, 2025

Daily FT

APB hosts Members' Day 2025 at Cinnamon Lakeside

THE Association of Professional Bankers (APB) hosted its annual Members' Day on 23 August at Cinnamon Lakeside, bringing together senior bankers for an evening of fellowship.

1 min  |

August 29, 2025

Daily FT

Hennayake Bandara receives OPA APEX Award for Professional Excellence

CHARTERED and Certified Management Accountant and Banker Hennayake Bandara was recently bestowed with the most outstanding “APEX Award of the Professional Excellence” in the field of Finance and Banking for his contribution made to his profession and to nation.

1 min  |

August 29, 2025

Daily FT

Enhanced tariff-free access to UK: Relief for apparel industry

THE recent announcement by the UK High Commission that Sri Lankan garment manufacturers will be allowed to source up to 100% of inputs from any country worldwide while maintaining the prevailing tariff-free access to the European state from 2026 onwards would have given a relief and comfort to the apparel industry. The proposed change is quite valuable for the industry because as at present fabrics are predominantly imported from China.

2 min  |

August 29, 2025

Daily FT

Bank of Ceylon launches Entrepreneur Development Program 2025

THE Bank of Ceylon successfully inaugurated the Entrepreneur Development Program (EDP) 2025 on 17 August at its Head Office, reinforcing its “Beyond Banking” vision to empower entrepreneurs and foster sustainable economic growth in Sri Lanka.

1 min  |

August 29, 2025

Daily FT

Visa Monthly Medal tees off today

THE Visa Monthly Medal golf tournament 2025 will take place at the Royal Colombo Golf Club (RCGC) today and tomorrow drawing one of the largest fields in recent months.

1 min  |

August 29, 2025
Daily FT

Daily FT

Power of the point in educational reforms

WE are into yet another round of education reforms. As someone who has experienced the implementation of reforms —the psyche as a student is you have no clue about the philosophy or the reasons for reforms you just wade through the process for better or worse!

7 min  |

August 29, 2025

Daily FT

Presidential immunity on trial: Boundaries of accountability from Washington to Colombo

THE arrest of former President Ranil Wickremesinghe illustrates the structural tension in Sri Lanka’s constitutional design. In September 2023, while serving as president, Wickremesinghe traveled to Havana for the G77 Summit and to New York for the United Nations General Assembly. On his return journey, he stopped in the United Kingdom to attend a ceremony at the University of Wolverhampton, where his wife was awarded an honorary professorship. Investigators allege that state funds were improperly used to finance the UK leg of the trip. Wickremesinghe has denied wrongdoing, insisting that his wife personally covered her travel expenses.

9 min  |

August 29, 2025
Daily FT

Daily FT

Secondary Bond market activity remains dull; rates pick up

Analysts predict: CCPI inflation likely made a comeback in August Rupee appreciates marginally

1 min  |

August 29, 2025
Daily FT

Daily FT

Home Lands’ Pentara Residencies Breaks Ground: Colombo’s Landmark Twin Towers Rise at Thummulla

The ground breaking ceremony of Pentara Residencies, Colombo’s most iconic twin-tower development by Home Lands Group, was successfully held on Thursday, 28th August 2025 at Thummulla Handiya, Colombo.

1 min  |

August 29, 2025
Daily FT

Daily FT

Police nabs five underworld kingpins in joint international operation

Operation involves Sri Lanka Police, CID, Indonesian Police, INTERPOL, and Indian intelligence agencies; suspects to be repatriated within 2-3 days Public Security Minister Ananda Wijepala says crackdown marks end of political protection for organised crime; vows end to political-crime nexus Affirms no one is above the law; probes into role of politicians who allegedly enabled criminal networks, investigations extend to assets of detained suspects Says nearly 75 red warrants issued; over 20 underworld figures already brought back in recent months Reveals plan to establish a Special Court for swift prosecution of organised crime cases Public Security Ministry Secretary Ravi Seneviratne says law enforcement now operates free from political interference for first time in decades IGP Priyantha Weerasooriya says Sri Lankan criminals remain active overseas, including in Dubai, Oman, Russia, Belarus and France, with further operations planned

2 min  |

August 29, 2025
Daily FT

Daily FT

Sri Lankan documentary wins Satyajit Ray Bronze Award at South Asian Short Film Festival

THE Museum of Modern and Contemporary Art Sri Lanka (MMCA Sri Lanka) has announced that 'No More Land' (2024), a documentary film by Anomaa Rajakaruna (b. 1965) which was commissioned for the museum's past exhibition 'Total Landscaping,' has won the Satyajit Ray Bronze Award (Documentary) at the eighth South Asian Short Film Festival (SASFF) in Kolkata, India.

2 min  |

August 29, 2025
Daily FT

Daily FT

CBB celebrates 25th anniversary with exclusive member networking session at Cinnamon Life

THE Council for Business with Britain (CBB) of The Ceylon Chamber of Commerce recently celebrated its 25th anniversary in Sri Lanka.

1 min  |

August 29, 2025
Daily FT

Daily FT

Ne-Yo brings biggest hits to Colombo this December

SRI Lanka is set to make music history as global R&B sensation Ne-Yo, a three-time Grammy Award winner and renowned songwriter, takes the stage in Colombo for the very first time.

2 min  |

August 29, 2025

Daily FT

Unbeaten Expolanka face resurgent Singer Sri Lanka ‘A’ in MCA Premier League Final

THE rejuvenated, Singer Sri Lanka “A”, last year’s runners up will have to come up with exceptional performance if they hope to beat the unbeaten, Expolanka Holdings, in the Final of the first Link Natural Products –\"Musclegard / Crampgard” sponsored - MCA Premier League 50-over White Ball / Coloured Clothing Tournament 2025, on Saturday 30 August at the MCA Grounds, commencing 09:45 a.m.

1 min  |

August 29, 2025

Daily FT

Sri Lankan Entrepreneur of the Year 2025 Awards tonight

@ 25 years of celebrating excellence as FCCISL marks 50 years of service to nation

3 min  |

August 29, 2025
Daily FT

Daily FT

Government must work with mandatory fingerprint attendance system

THE fingerprint system uses biometric fingerprints. In simple terms, it’s a biometric time-tracking system designed for fairness and accountability in various professions.

3 min  |

August 28, 2025

Daily FT

Govt. to deploy Commonwealth Meridian public debt management system

THE Commonwealth Secretariat yesterday said Sri Lanka will begin using its Commonwealth Meridian public debt management software from next month as part of its economic recovery plan.

1 min  |

August 28, 2025

Daily FT

Minister Herath highlights strong gains one year into AKD’s Presidency

FOREIGN Affairs, Foreign Employment and Tourism Minister Vijitha Herath yesterday said that one year after President Anura Kumara Disanayake assumed office, Sri Lanka’s economy is on a steady path of recovery, supported by sound macroeconomic fundamentals and targeted reforms.

1 min  |

August 28, 2025

Daily FT

Colombo land valuation growth accelerates in 1H 2025

CBSL Land Valuation Indicator for Colombo district sees annual and semi-annual growth gaining momentum

1 min  |

August 28, 2025

Daily FT

President brainstorms industrial growth ahead of Budget 2026

Chairs pre-Budget discussion focused on raising industrial sector share of GDP O Plans include new industrial zones, SME loans and export facilities

1 min  |

August 28, 2025

Daily FT

People’s Bank reports all-time-high 1H Rs. 28 b PBT

PEOPLE'S Bank yesterday said it reported an all-time-high Profit Before Tax (PBT) of Rs. 28 billion in the first half of 2025.

3 min  |

August 28, 2025

Daily FT

Maga Engineering gets Rs. 1.2 b contract to fix Southern Expressway flaws

Minister Vijitha Herath admits road not built to quality standards

1 min  |

August 28, 2025

Daily FT

Project to strengthen Norocholai power plant’s backup systems gets Cabinet nod

FOREIGN Affairs Minister Vijitha Herath yesterday said the Cabinet of Ministers has given the Ceylon Electricity Board (CEB) the green light to implement a project to establish an optimal integrated electricity supply chain to support the resilient coolant system and boiler catchment hydro supply system at the Norocholai Lakvijaya Coal Power Plant.

1 min  |

August 28, 2025

Daily FT

Govt. reaffirms sovereignty over Kachchatheevu amid Indian election rhetoric

Foreign Affairs Minister Vijitha Herath says no change in ownership indicated by Indian Govt. or through diplomatic channels

1 min  |

August 28, 2025

Daily FT

NMSJ questions due process, raises concerns about Wickremesinghe arrest

National Movement for Social Justice reiterates call to abolish Executive Presidency for a just society Arrest of former President Ranil Wickremesinghe seen as pre-planned political move Use of Penal Code instead of Anti-Corruption Act raises concerns of prosecutorial abuse Timing of arrest before long weekend questioned as attempt to block legal redress

3 min  |

August 28, 2025

Daily FT

Pradeep Kahawalage elected to chair CNCI

PRADEEP Kahawalage was elected as the Chairman of the Ceylon National Chamber of Industries (CNCI) at the 64th Annual General Meeting (AGM).

1 min  |

August 28, 2025
Daily FT

Daily FT

Gauff 'mentally exhausted' after US Open first-round win

HOME favourite Coco Gauff came through a stern examination of her troublesome serve to beat Australia’s Ajla Tomljanovic in a competitive US Open first-round match.

1 min  |

August 28, 2025

Daily FT

AgStar appoints two Non-Executive Directors

AGSTAR PLC yesterday said it has appointed Sanjaya Nissanka and Shamal Abeysinghe as non-executive directors to its board.

1 min  |

August 28, 2025

Daily FT

LCB Finance steps into Kurunegala

LANKA Credit and Business Finance PLC recently opened its 22nd branch, at No 7 Wehera Junction, Colombo Road, Kurunegala.

1 min  |

August 28, 2025