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Daily FT

Exporters fear $ 80 m monthly cash crunch if SVAT removed and no refund system

WITH just five days to go before the Government abolishes the Simplified Value Added Tax (SVAT) regime, leading export associations yesterday voiced deep concerns and warned of a looming cash flow crisis that could choke the country's $ 19 billion export target for 2025.

6 min  |

September 26, 2025

Daily FT

SLBA presents Budget proposals to drive economic recovery

THE Sri Lanka Banks' Association (SLBA), the apex body representing the collective voice of the licenced commercial banks, has submitted a far-reaching set of proposals for inclusion in the upcoming 2026 Budget.

3 min  |

September 26, 2025

Daily FT

Sri Lanka makes its biggest push to woo Japanese interests

SRI Lanka via a private-public initiative will make its biggest push to woo Japanese interests with key engagements in Osaka and Tokyo starting tomorrow and spanning five days.

4 min  |

September 26, 2025
Daily FT

Daily FT

Sri Lanka Tourism Expo 2025 brings together youth, SMEs and international experts

SRI Lanka Tourism Expo will officially inaugurate tomorrow, (27) at One Galle Face with the Colombo Travel Mart, organised for the third consecutive time in partnership with SLAITO.

6 min  |

September 26, 2025
Daily FT

Daily FT

Sailing Sri Lanka in Style: Inside Sail Lanka's New Wave of Ocean Adventures

There's something timeless about stepping aboard a yacht and feeling the breeze lift off the Indian Ocean.

3 min  |

September 26, 2025

Daily FT

IASL hosts 16th NAFLIA Conference, driving growth in new world of insurance

THE Insurance Association of Sri Lanka (IASL), through its Marketing and Sales Forum, hosted the 16th consecutive NAFLIA Conference at the Monarch Imperial.

3 min  |

September 26, 2025
Daily FT

Daily FT

Every Stay Shapes a Story - Make Yours Matter

Every stay tells a story. At Browns Hotels & Resorts, we make sure it's a story worth telling.

2 min  |

September 26, 2025

Daily FT

Sri Lanka makes ...

THE private sector delegation is led by Ceylon Chamber of Commerce and John Keells Holdings Chairperson Krishan Balendra, and comprises Sri Lanka-Japan Business Council (SLJBC) President and Hirohama Ceylon Ltd., and Surmount Ventures Director Athulla R.F. Edirisinghe; SLJBC Vice President and Spear International Ltd. Chairman and Managing Director Shamil Mendis; SLJBC Treasurer and MendisOne Chairman Rohitha Mendis; SLJBC Immediate Past President and Andrew the Travel Company Managing Director Mahen Kariyawasan; BOVCapital Managing Partner Prajeeth Balasubramaniam; Celestia International CEO Chandana Silva; Connaissance De Ceylan CEO Chamin Wickramasinghe; Dentsu Grant Chairperson and Managing Director Neela Marikkar; E.W Information Systems Chairman Sanjeewa Wickramanayake; Hayleys PLC Director Sarath Ganegoda; hSenid Group Chairman Dinesh Saparamadu; Lanka Harness Executive President Rohan Pallewatta; MAC Holdings Chairman and President Otani San; MAC Holdings Managing Director Andre Fernando; MendisOne Managing Director Rishantha Mendis; Microsoft Sri Lanka and Maldives Country Manager Harsha Randeny; Tomo Wold Ceylon Chairman Nishantha Perera; Adamajee Lukmanjee and Sons Business Partner Exports Hashini Kalansuriya; Jayalanka Suppliers Managing Director Ganidhu Ishara; Transfood Lanka Director Sajahan Pasie; NCINGA Chairman Imal Kalutotage; Group Managing Director Vajira Wijesinghe; and Ceylon Chamber of Commerce Assistant Secretary General Dinithi Dias. Separately, senior officials of the Sri Lanka Export Development Board, the Board of Investment and Foreign Affairs Ministry are in Japan as well.

9 min  |

September 26, 2025

Daily FT

Sri Lanka Garners Global Recognition for its Tourism & Hospitality Excellence

Sri Lanka is steadily reclaiming its place on the world tourism map, not just for its natural beauty and cultural heritage, but for its excellence in hospitality, innovation, and sustainable transformation.

2 min  |

September 26, 2025

Daily FT

Asia-Pacific advances agenda for living wages

THE Asia-Pacific region can demonstrate that living wages are achievable through a systematic approach grounded in social dialogue and evidencebased wage systems, participants at a regional dialogue organised by the International Labour Organisation (ILO) heard.

2 min  |

September 26, 2025
Daily FT

Daily FT

Sri Lanka Pavilion shines at Foodex Saudi 2025

THE Sri Lanka Export Development Board (EDB), in collaboration with the Embassy of Sri Lanka in Saudi Arabia, organised the Sri Lanka Pavilion at Foodex Saudi 2025, held from 21-24 September at the Riyadh International Convention and Exhibition Centre.

1 min  |

September 26, 2025

Daily FT

Sri Lankan business leaders join global CEOs and govt. representatives at UN Private Sector Forum

Mobilise capital for sustainable growth

3 min  |

September 26, 2025
Daily FT

Daily FT

Insurance industry regulator participates in Matale 'FinLit Expo'

THE Insurance Regulatory Commission of Sri Lanka (IRCSL), the regulator of the insurance sector, actively participated at \"FinLit Expo\" the Financial Literacy Exhibition organised by the Matale regional Branch of the Central Bank of Sri Lanka.

1 min  |

September 26, 2025

Daily FT

First Capital Holdings' Rs. 3 b debenture issue oversubscribed on opening day

FIRST Capital Holdings PLC's debenture issue of Rs. 3 billion, which was opened for subscription on 23 September, was oversubscribed on the very same day.

1 min  |

September 26, 2025

Daily FT

NTB's HSBC deal demonstrates balance sheet strength, sustainable expansion

NATIONS Trust Bank PLC (NTB) yesterday said its acquisition of HSBC's retail banking business in Sri Lanka demonstrates the bank's financial strength and disciplined approach to growth.

1 min  |

September 26, 2025
Daily FT

Daily FT

Cinnamon Life: Setting the Stage for a New Era of Business Events in Colombo

As Sri Lanka marks World Tourism Day 2025, all eyes are on Colombo's fast-evolving role as a premier destination for global business events.

1 min  |

September 26, 2025
Daily FT

Daily FT

Secondary Bond market activity moderates; yields remain stable

THE secondary Bond market yesterday saw activity moderate, remaining at a virtual standstill for much of the day.

1 min  |

September 26, 2025
Daily FT

Daily FT

Sri Lanka take on defending champions India today

We have nothing to lose says Kandamby

2 min  |

September 26, 2025
Daily FT

Daily FT

JICA, DoA launch first Asia regional training to promote market-oriented agriculture

JAPAN International Cooperation Agency (JICA), in collaboration with Sri Lanka's Department of Agriculture (DOA), recently concluded the 5-day international training program on the Market Oriented Agriculture Promotion Smallholder Horticulture Empowerment and Promotion (SHEP) approach.

1 min  |

September 26, 2025
Daily FT

Daily FT

Empowering Global Connections to Shape a Sustainable & Inclusive Future

Celebrating World Tourism Day & The Impact of Responsible Travel

2 min  |

September 26, 2025
Daily FT

Daily FT

Aitken Spence Hotels Champions Sustainable Transformation on World Tourism Day

As the world celebrates World Tourism Day under the theme “Tourism and Sustainable Transformation,” Aitken Spence Hotels and its flagship Heritance brand reaffirm their commitment to shaping a future where travel uplifts communities, safeguards the environment, and creates experiences that endure long after a guest’s journey has ended.

2 min  |

September 26, 2025

Daily FT

Things to do while in Sri Lanka

Sri Lanka has so much to offer it’s travelers despite being an island.

4 min  |

September 26, 2025
Daily FT

Daily FT

Genocide, incitement to genocide and impunity

On 16 September 2025, the United Nations Independent International Commission of Inquiry (CoI) on the Occupied Palestinian Territory (including East Jerusalem) and Israel, mandated by the Human Rights Council and supported by the Office of the High Commissioner for Human Rights (OHCHR), concluded in a landmark report that Israel has committed genocide in Gaza and that senior Israeli officials, including Prime Minister Benjamin Netanyahu, have engaged in incitement to genocide.

4 min  |

September 26, 2025

Daily FT

Fitch assigns Hayleys Fentons first-time national rating of 'A+(Ika)'; outlook stable

FITCH Ratings has assigned Hayleys Fentons Ltd., (HFL) a National Long-Term Rating of A+(Ika)'. The outlook is stable.

3 min  |

September 26, 2025

Daily FT

Dinemore launches DinemoreGo, expands with 14 new prime locations across Sri Lanka

DINEMORE Ltd., has announced the launch of its newest venture: DinemoreGo. Built on speed, accessibility, and affordability, DinemoreGo is designed to bring Dinemore's trusted legacy closer to everyday lifestyles across the island.

1 min  |

September 26, 2025

Daily FT

CoPF considers regulations under Imports and Exports (Control) Act

THE Committee on Public Finance (CoPF) has considered regulations under the Imports and Exports (Control) Act, No. 1 of 1969 published in the Gazette Extraordinary No. 2449/60 of 15 August 2025.

1 min  |

September 26, 2025

Daily FT

Planting Hope: Browns Roots Project Achieves ISO Recognition for Climate Action

ONCE a land where lush green forests covered more than half of Sri Lanka, today, only less than a third remains.

3 min  |

September 26, 2025
Daily FT

Daily FT

SAARC Agriculture Centre and IFPRI sign MoU to strengthen food and agriculture cooperation in South Asia

THE South Asian Association for Regional Cooperation (SAARC) Agriculture Centre (SAC), Dhaka, and the International Food Policy Research Institute (IFPRI), Washington, DC, have signed a Memorandum of Understanding (MoU), aiming to deepen collaboration in food and agriculture research, policy analysis, and capacity building across South Asia.

2 min  |

September 26, 2025

Daily FT

Why Sri Lanka remains a No. 1 choice among travelers

Known for its pristine beaches, lush green-eries, breathtaking waterfalls, wildlife and many other attractions Sri Lanka continues to remain a bucket list destination for many travelers from around the world.

3 min  |

September 26, 2025

Daily FT

“Skills around innovation and enterprise are critical to shape future-ready learners” – Rod Smith

Q Is it also understood that Cambridge envisions to establish a legal entity in Sri Lanka. Can you throw light on this and explain how this could forge a stronger presence in the country and strengthen collaborations?

2 min  |

September 26, 2025