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Daily FT

Daily FT

Are we using digital banking as advanced financial solution?

BANKS and Non-Banking Financial Institutions of our country are now endeavouring their best to actively persuade digitalisation to provide an enhanced customer service aiming to experience and boost the operational efficiency.

10 min  |

August 13, 2025
Daily FT

Daily FT

Constitutional Council approves Priyantha Weerasooriya as 37th IGP

THE Constitutional Council has approved President Anura Kumara Disanayake’s recommendation to appoint Acting Inspector General of Police (IGP) Priyantha Weerasooriya as the 37th IGP of the country.

1 min  |

August 13, 2025

Daily FT

How CID bypassed Navy Act to pull former Commander into Civilian Court

THE Defence Ministry's statement on the arrest of former Navy Commander Admiral Nishantha Ulugetenne reduces a serious constitutional and security matter to a public relations slogan \"The law applies equally to all.\" That is not a legal conclusion, in the military context equality before the law does not erase jurisdictional boundaries.

5 min  |

August 13, 2025

Daily FT

Colombo stock market stays up amidst volatility; 7% NDB stake crossing boosts turnover

THE Colombo stock market yesterday managed to close on the up amidst volatile investor sentiments whilst crossing of 7% NDB stake boosted turnover.

1 min  |

August 13, 2025
Daily FT

Daily FT

'Samaposha Provincial School Games 2025' begins

THE’Samaposha Provincial School Games 2025, organised by the Provincial Education Department, began on Monday at the Mahinda Rajapaksa Stadium in Diyagama focusing on 7 regions namely, the Western, Northern, Central, Northwestern, Eastem, Uva, Southern and Sabaragamuvra provinces.

3 min  |

August 13, 2025

Daily FT

Sampath Bank partners Bancstac to launch Alipay+ payment acceptance for merchants

SAMPATH Bank PLC has announced a strategic partnership with global payments technology company Bancstac to introduce Alipay+ payment acceptance across both brick and mortar and e-commerce merchant channels in Sri Lanka.

1 min  |

August 13, 2025
Daily FT

Daily FT

Agromax Industries celebrates excellence and growth at Annual Sales Conference 2025

AGROMAX, Sri Lanka’s leading water pump manufacturer and pioneer in delivering innovative water management solutions, celebrated its Annual Sales Conference 2025 at the Citrus Hotel Waskaduwa.

1 min  |

August 13, 2025

Daily FT

My Dentist announces new CEO

MY Dentist has announced the appointment of Dr. Kelum Jayasuriya as its new Chief Executive Officer.

1 min  |

August 13, 2025

Daily FT

Thurstan edge out Science

THURSTAN College edged out Science College by 33/29 in the last Inter-School Rugby Under-19 encounter for the year 2025 which concluded at the

1 min  |

August 13, 2025
Daily FT

Daily FT

Both Government liabilities and assets matter for sovereign risk

SINGAPORE is one of the few remaining sovereigns in the world that still holds a triple-A rating the highest possible level despite a gross Government debt-to-gross-domestic-product ratio that is higher than that of many other developed economies, namely Greece, Italy, the US and France. Yet this high level of gross debt does not constrain Singapore's sovereign credit assessment by global rating agencies.

4 min  |

August 13, 2025

Daily FT

DPL opens Monaragala Latex Collection and Lab to boost quality and rural livelihoods

IN a landmark initiative to uplift Sri Lanka's rural rubber economy, Dipped Products PLC (DPL), a member of the Hayleys Group, has officially opened a state-of-the-art latex collection and laboratory facility for smallholder rubber farmers in Monaragala.

2 min  |

August 13, 2025
Daily FT

Daily FT

Sarvodaya Development Finance brings first-ever ATM to Thalawakale

■ Empowers tea estate communities through financial inclusion

1 min  |

August 13, 2025

Daily FT

Ishara Nanayakkara richest person in Sri Lanka: Gulf News report

Overtakes Dhammika Perera as wealthiest person in Sri Lanka in 2025 as per Gulf News report Nanayakkara among five richest billionaire titans in South Asia Mukesh Ambani cut above rest with $ 118 b net worth

2 min  |

August 12, 2025
Daily FT

Daily FT

Don't abandon our war heroes

THE arrest and pretrial detention of Admiral (Retired) D.N.S. Ulugetenne, former Commander of the Sri Lanka Navy, marks a troubling chapter in Sri Lanka's postwar political landscape.

4 min  |

August 12, 2025

Daily FT

Sri Lanka Customs hits record Rs. 231 b in July collections

Revenue up 118.4% compared to estimate of Rs. 195.05 b Jan.-July collections total Rs. 1.22 t, driven mainly by Rs. 303 b vehicle imports Customs Director-General Sarath Nonis says 2025 target set at Rs. 2.11 t; 60% already achieved

1 min  |

August 12, 2025

Daily FT

Govt. says 90% of external debt restructuring completed

THE Government has agreed on restructuring terms with more than 98% of its external creditors and has completed over 90% of its public external debt restructuring, according to a Treasury statement issued after an investment call hosted jointly by the Finance, Planning and Economic Development Ministry and the Central Bank of Sri Lanka (CBSL) on 31 July.

4 min  |

August 12, 2025

Daily FT

Almas ups stake in Galle Face Capital Partners to 10%

ALMAS Holdings Ltd., upped its stake in Galle Face Capital Partners PLC to over 10% last week.

1 min  |

August 12, 2025

Daily FT

Dialog delivers strong 1H 2025 performance

DIALOG Axiata PLC yesterday announced strong performance in the first half ended 30 June 2025.

3 min  |

August 12, 2025

Daily FT

President reviews agriculture and livestock projects, sets priorities for 2026 Budget

PRESIDENT Anura Kumara Disanayake yesterday chaired a review meeting at the Presidential Secretariat to assess projects carried out under the 2025 Budget for the Agriculture, Livestock, Land and Irrigation Ministry and to discuss pre-Budget proposals for 2026.

1 min  |

August 12, 2025
Daily FT

Daily FT

Sri Lanka: Next frontier for global investors

69% market surge creates compelling opportunity for international capital as recovery story gains momentum

8 min  |

August 12, 2025

Daily FT

Unemployment at four-year low

SRI Lanka's unemployment rate fell to 3.8% in the first quarter of 2025, the lowest in four years, according to the Department of Census and Statistics.

1 min  |

August 12, 2025

Daily FT

Melwa makes history with Canadian construction industry entry

Exports first-ever large-scale reinforcement steel consignment to Canada

3 min  |

August 12, 2025

Daily FT

The Dilmah Butterfly Garden; not what it seems

IN 2011 my father inaugurated Sri Lanka's first open ait, urban butterfly garden at our MJF Centre West in Moratuwa, on the outskirts of Colombo. Yesterday it was reopened — an expanded, revitalised Dilmah Butterfly Garden. The assembled environmentalists and nature lovers = including the eminent scientist, Dr. Jagath Gunawardena and Rajika Gamage, the passionate butterfly expert behind the project — joined our Dilmah Conservation Team and me, in inaugurating the space.

3 min  |

August 12, 2025

Daily FT

Home Lands betters own record by achieving Rs. 8.8 b sales in July

Says 1/3rd of Pentara Thummulla sold out in just six weeks

1 min  |

August 12, 2025

Daily FT

Team NKAR marks 45 years with charity cycling event in Colombo

MORE than 60 cyclists from NKAR Travels and Tours Ltd. took to the streets of Colombo on 29 June, for a 20km charity cycling event to mark the company’s 45th anniversary.

1 min  |

August 12, 2025

Daily FT

Sanasa General Insurance goes live on Oracle Cloud Infrastructure

SANASA General Insurance Company (SGIC) has successfully completed a significant digital transformation by migrating its on-premise core insurance application and related integration services to Oracle Cloud Infrastructure (OCI), in partnership with DMS Software Technologies.

1 min  |

August 12, 2025

Daily FT

Reshan and Kaya prove their class in Junior Golf

THE Sri Lanka Junior Match Play Championship 2025 saw both top-class junior golfers emerging winners, with Reshan Algama winning the Boys' championship and Kaya Daluwatte accounting for the Girls' segment, at the Royal Colombo Golf Club (RCGC) over four days of top class golf.

1 min  |

August 12, 2025

Daily FT

HNB Assurance and SMIB partner to expand bancassurance reach

HNB Assurance PLC, recognised as Sri Lanka’s Best Life Bancassurance Provider for five consecutive years by Global Banking and Finance Review, has entered a strategic partnership with the State Mortgage and Investment Bank (SMIB), marking the beginning of a bancassurance collaboration.

1 min  |

August 12, 2025
Daily FT

Daily FT

Emirates to add fourth daily flight to London Gatwick

Fourth flight to London Gatwick will be operated with the airline's Airbus A350 Latest operational enhancement takes Emirates’ London operations to 12 flights per day across three airports

1 min  |

August 12, 2025

Daily FT

Australia to recognise Palestinian State in September

AUSTRALIAN Prime Minister Anthony Albanese said Australia will recognise a Palestinian State at the UN General Assembly in September, following similar moves by the UK, France, and Canada.

2 min  |

August 12, 2025