Newspaper
Daily FT
Dinesh and Sanath re-elected as Chairman and Vice Chairman of EFC
THE Employers' Federation of Ceylon (EFC) concluded its 96th Annual General Meeting on 30 June at the Bandaranaike Memorial International Conference Hall (BMICH).
1 min |
July 02, 2025
Daily FT
From promise to paralysis: Elusive FDI boost in Sri Lanka
EARLY this month, confusion arose as to how much Foreign Direct Investment (FDI) was channelled into the country's economy in the first quarter (1Q) of this year due to various individuals and institutions of the Government apparatus presenting contradictory figures. Minister of Industries and Entrepreneurship Development Sunil Handunneththi stated that Sri Lanka received $ 650 million in FDI during the 1Q of 2025. However, his remark differed from the latest data issued by the BOI.
2 min |
July 02, 2025
Daily FT
Wake-up call: Part 2 - Demystifying Al in business
From awareness to action: How leaders can embrace the shift
7 min |
July 02, 2025
Daily FT
President to determine action on container controversy after reviewing committee findings: Bimal
Minister Bimal Rathnayake acknowledges Committee findings on shortcomings by ‘Sri Lanka Customs officials Pledges disciplinary and legal action over container release controversy Dismisses Opposition accusations as politically motivated and baseless
1 min |
July 02, 2025
Daily FT
High riding Sri Lanka under glare against Bangladesh today
ONE team is coming with four series wins at home under their belt and the other with two back-to-back series defeats away from home when Sri Lanka meets Bangladesh in the first of three ODIs at the R. Premadasa International Cricket Stadium under lights today.
2 min |
July 02, 2025
Daily FT
Malik, Isfahani among JCI's 110's Most Influential Members in Asia and the Pacific
SRI Lanka's Malik Cader and Isfahani Sameen and the late Kingsley Wickramaratne have been included among JCI's 110 Most Influential Members in the Asia Pacific Region.
1 min |
July 02, 2025
Daily FT
LIIN and Good Market forge strategic partnership to strengthen MSMES
Event includes panel discussion where entrepreneurs share experiences and challenges in scaling social enterprises
2 min |
July 02, 2025
Daily FT
Govt. tightens seat belt rules to boost safety drive
All bus drivers must wear seatbelts while operating on any road with immediate effect from 1 August, rear-seat passengers in light vehicles on expressways must also buckle up from 1 September when it will become mandatory for all vehicles on expressways to wear seatbelts, regardless of the seating position.
1 min |
July 02, 2025
Daily FT
Connex launches 'Cyble' extended threat intelligence platform in Sri Lanka
CONNEX Information Technologies, a leading provider of innovative ICT solutions in Sri Lanka, has partnered with Cyble, a global leader in threat intelligence, to officially bring Cyble's powerful threat detection and response capabilities to the Sri Lankan market.
1 min |
July 02, 2025
Daily FT
People’s Bank celebrates World MSME Day with successful hosting of ‘Entrepreneurial Glory 2025'
IN celebration of World Micro, Small, and Medium-sized Enterprises (MSME) Day, People’s Bank hosted the ‘Entrepreneurial Glory 2025 and MSME Trade Fair’ on 27 and 28 June at the Gampaha Municipal Council Stadium.
1 min |
July 02, 2025
Daily FT
Abans Finance achieves 344% growth to reach Rs. 951 m PBT in FY25
ABANS Finance PLC has reported outstanding financial results for the year ending 31 March, reinforcing its status as a resilient and growth-oriented member in Sri Lanka's non-banking financial services sector:
2 min |
July 02, 2025
Daily FT
Roar Global partners DMASL to power Digital Summit 2025
ROAR Global has entered a strategic partnership with the DMASL Digital Summit 2025, South Asia’s leading forum for digital innovation and leadership.
1 min |
July 02, 2025
Daily FT
Supreme Court flags Constitutional violations in Electricity (Amendment) Bill
THE Supreme Court has ruled that several clauses of the proposed Sri Lanka Electricity (Amendment) Bill are inconsistent with the Constitution, requiring either a special Parliamentary majority or approval via a public referendum, unless amended.
1 min |
July 01, 2025
Daily FT
Big gaps in understanding taxpayer rights and obligations
Key revelations in first-ever survey on taxpayer awareness by ICC Sri Lanka Report urges more inclusive, trust-based approach to tax education
2 min |
July 01, 2025
Daily FT
CSE ends June with stellar performance
Benchmark ASPI crosses 18,000-points mark for first time as both indices clock over 7% gain for the month
1 min |
July 01, 2025
Daily FT
Fuel prices get expensive
THE Ceylon Petroleum Corporation (CEYPETCO) last night announced a revision of fuel prices with effect from midnight, followed by Lanka IOC.
1 min |
July 01, 2025
Daily FT
Govt. rolls out Rs. 6.5 b concessionary loan scheme to support paddy purchasing in Yala season
Loans up to Rs. 50 m per borrower at 7% annual interest with 180-day repayment Scheme runs from today to 15 November to stabilise market prices and ensure farmers get Minimum Purchase Price Targets SME paddy millers and cooperative societies with daily capacity of at least 25 tons and valid PMB registration Total of 15 State and private banks to help disburse funds
1 min |
July 01, 2025
Daily FT
Mujibur tables Customs inquiry report on release of high-risk containers
SJB MP Mujibur Rahman alleges Govt. hiding failures of SL Customs, despite security, revenue and health risks Reveals 309 high-risk “red” containers released without mandatory inspection, violating Customs procedures Report questions justification despite Customs’ claims of congestion-prompted releases Since July 2024, 999 red-classified containers released on 13 occasions without proper screening or follow-up Committee notes Customs management exceeds legal authority by bypassing required inspections Among flagged containers, 114 show scan uncertainties but are released anyway Report recommends internal investigations and accountability for Customs officers involved Committee suggests halting current container release system, conducting post-audits, using Al scanning and performing forensic audit Rahman warns repeated failures undermine Customs’ fundamental role in protecting Sri Lanka
5 min |
July 01, 2025
Daily FT
Veteran Nihal Fonseka appointed to SLT Board
VETERAN banker Nihal Fonseka has been appointed to the Board of Sri Lanka Telecom (SLT) as an Independent Non-Executive Director.
1 min |
July 01, 2025
Daily FT
JXG delivers strong FY25 performance with Rs. 5.24 b Net Profit After Tax
JXG (Janashakthi Group), Sri Lanka's emerging financial conglomerate, brings together a broad spectrum of financial services spanning investment banking, insurance, and finance and leasing. The group announced its financial results for the fourth quarter and full year ended 31 March.
2 min |
July 01, 2025
Daily FT
Colombo North emerge champions
UNDER-19 SRI LANKA YOUTH LEAGUE FINAL
1 min |
July 01, 2025
Daily FT
US Envoy hails enduring partnership with Sri Lanka at 249th Independence Day address
Ambassador Julie Chung highlights over seven decades of resilient ties with Sri Lanka at reception under 'Great American Road Trip' theme Recalls early American visitors to Sri Lanka; stresses people-to-people connections as heart of the relationship Describes US-Sri Lanka partnership as journey overcoming challenges, with strong gains in security, trade and education Highlights Peace Corps, American English teachers and mobile 'US-BUS' program bringing culture and education across Sri Lanka Praises US-Sri Lanka business partnerships via AmCham and The Ceylon Chamber of Commerce for promoting trade and investment Invokes Patrick Henry's spirit of liberty, linking it to America's enduring democratic values References 'new and radiant golden age' of opportunity and pride, as described by President Trump Assures commitment to build future of freedom and shared progress with Sri Lanka
3 min |
July 01, 2025
Daily FT
Maliban explores strategic investment and partnership opportunities in Thailand
THE Embassy of Sri Lanka in Bangkok successfully facilitated a recent visit by a high-level delegation from Maliban Biscuit Manufactories Ltd. to Thailand.
1 min |
July 01, 2025
Daily FT
Cargills Bank marks 11 years of purpose-driven banking
CARGILLS Bank celebrated its 11th anniversary on 30 June, marking over a decade of transformative, inclusive banking dedicated to reshaping access to financial services across Sri Lanka. Since its inception in 2014, the bank has grown steadily, driven by a singular mission: to enable progress in every Sri Lankan life it touches.
2 min |
July 01, 2025
Daily FT
Rebuilding trust, reforming habits, rethinking tax compliance
IN today’s world, earning a steady income has become more varied and complex than ever before. Many of us no longer depend on a single steady paycheck.
3 min |
July 01, 2025
Daily FT
Aitken Spence Hotels wins big at Culinary Art Food Expo 2025
AITKEN Spence Hotels' culinary team returned from the Culinary Art Food Expo 2025 with an impressive haul of 116 medals, an achievement that solidifies the group's stature as a benchmark of gastronomic excellence in South Asia's largest professional cookery competition.
1 min |
July 01, 2025
Daily FT
Liquor Licensees Association accuses Excise Dept. of not supporting tax workshop
Writes a letter to President Anura Kumara Disanayake
2 min |
July 01, 2025
Daily FT
LFSBL: Powering ISO 20022 Adoption in Sri Lanka and Beyond
Lanka Financial Services Bureau Ltd. (LFSBL) is spearheading the adoption of the next-generation global financial messaging standard — ISO 20022 — across Sri Lanka's financial sector.
2 min |
July 01, 2025
Daily FT
Janaka Rathnakumara elected President of Association of Printers; Charts new chapter for industry
THE Sri Lanka Association of Printers (SLAP) successfully concluded its 65th Annual General Meeting (AGM) at The Kingsbury Hotel last week, marking another milestone in the Association’s longstanding commitment to the advancement of the island’s printing industry.
2 min |
July 01, 2025
Daily FT
Bangladesh more competitive against Sri Lanka in white-ball format
■Commence three-match ODI series tomorrow
2 min |