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Daily FT
People's Bank holds religious programs to mark 64th anniversary
PEOPLE’S Bank commemorated its 64th anniversary, which fell on 1 of July, with a series of multi-religious programs organised by the bank’s Buddhist Association, Hindu Association, Muslim Majlis, and Christian Guild.
1 min |
July 03, 2025
Daily FT
Moves to discipline bus drivers commendable but more needs done
TRANSPORT Minister Bimal Rathnayake is going gung-ho over the mandatory seat belt rule for bus drivers.
3 min |
July 03, 2025
Daily FT
CECB and SLEC get consultancy contracts for China-backed low-income housing project
THE Cabinet of Ministers at their meeting on Tuesday approved awarding several major consultancy contracts under a Chinese Government-supported donation scheme for low-income earners to the Central Engineering Consultancy Bureau (CECB) and the Sri Lanka Engineering Corporation (SLEC).
1 min |
July 03, 2025
Daily FT
Sri Lanka faces growing climate threats amid low stakeholder literacy and financial readiness
SRI Lanka's climate crisis has intensified rapidly, far surpassing the current levels of stakeholder awareness and capacity to finance essential mitigation and adaptation efforts. As the country faces escalating risks from extreme weather, rising temperatures, and greenhouse emission levels a critical question arises: Are we ready to bridge this widening gap and take decisive action before it's too late? The climate crisis is no longer a distant threat. Its impacts are here, and they are happening now affecting people around the world on a daily basis. The need to raise ambition for climate action is more urgent than ever. The projected economic losses that can be avoided by 2100 by realising a 1.5°C warming scenario are estimated to be five times greater than the climate finance needed by 2050 to achieve it.
10 min |
July 03, 2025
Daily FT
Sunshine Holdings invests in next-gen leaders with residential first-time manager training program
DIVERSIFIED conglomerate Sunshine Holdings PLC took a bold step in its leadership development journey with the successful conclusion of its first-time manager training program, an immersive, high-value initiative tailored to empower the next generation of leaders within the Group.
2 min |
July 03, 2025
Daily FT
Ragging: Cause for or symptom of outdated higher education system?
LET me start with a multiple-choice question (MCQ) for you to choose the best answer.
9 min |
July 03, 2025
Daily FT
SKAL Asia Congress 2025 successfully concludes with record participation
THE SKAL Asia Congress 2025 was held in Colombo, Sri Lanka from 25 to 29 June, marking one of the most successful editions of the event with the highest number of participants.
1 min |
July 03, 2025
Daily FT
13th Capital Markets Conference puts spotlight on “New Markets, Fresh Initiatives”
THE 13th Capital Markets Conference convened in Colombo under the theme “New Markets, Fresh Initiatives,” held against a backdrop of escalating geopolitical tensions and trade disputes. The event brought together industry leaders to examine how Sri Lanka’s financial markets are adapting with renewed optimism, marked by breakthroughs such as the introduction of sustainable bonds and Sukuk. Despite global uncertainty, discussions highlighted the resilience and evolving sophistication of the country’s capital market landscape.
4 min |
July 03, 2025
Daily FT
SLASSCOM marks year of purpose and progress under leadership of Nishan Mendis
Journey of rebuilding, repositioning and reigniting nation's digital and knowledge economy
4 min |
July 03, 2025
Daily FT
Agility Innovation helps organisations navigate from compliance to confidence
Says empowering trust enables growth
3 min |
July 03, 2025
Daily FT
Prominent corporate tournament 10th Turkish Airlines World Golf Cup a success
Colombo's champion Udula Wijesinghe will represent the city in Turkish Airlines World Golf Cup Grand Finals in Türkiye later this year
1 min |
July 02, 2025
Daily FT
Key insights from top experts at first ever Data Privacy and Protection Summit tomorrow
Ground-breaking initiative by Daily FT in partnership with CICRA Holdings
1 min |
July 02, 2025
Daily FT
Opposition and related problems
“While Sri Lanka’s economy is bouncing back stronger than expected, a significant portion of the population— about a third—remains in poverty or is at risk of falling back into poverty. To ensure this recovery works for everyone, especially those who have been hit hardest, Sri Lanka can focus on policies that create jobs and support the poor.” The World Bank Sri Lanka Development Update April 2025
9 min |
July 02, 2025
Daily FT
SLRA holds 8th Annual General Meeting, celebrates a milestone year for Sri Lanka's retail community
THE Sri Lanka Retailers' Association (SLRA) held its 8th Annual General Meeting on 25 June, at Hilton Colombo Residencies, bringing together leaders from across the retail sector to reflect on the past year and set the course for the future.
2 min |
July 02, 2025
Daily FT
Banks affirm strong support for SMEs while reiterating need to protect customer deposits
SLBA categorically states claims by some parate laws as an aggressive first response by banks are exaggerated and dangerously counterproductive at a time when majority of borrowers are working constructively with banks to revive their businesses
2 min |
July 02, 2025
Daily FT
Tourist arrivals gain pace in June, but annual target still elusive
Sri Lanka welcomes 138,241 tourists in June up 22% YoY driven by Dawoodi Bohra convention boost Misses monthly target for sixth consecutive month, as June falls short by 39,016 visitors YTD arrivals reach just under 1.17 m, up 15.6% YoY India remains top market in June trailed by UK and China SL must attract over 1.83 m tourists in 2H to meet 3 m target Analysts warn current momentum is insufficient without urgent marketing and project implementations
2 min |
July 02, 2025
Daily FT
Immigration Chief pleads guilty to contempt charges over controversial visa deal
THE Department of Immigration and Emigration (DIE) Controller General Harsha Ilukpitiya yesterday pleaded guilty before the Supreme Court to contempt of court charges relating to the controversial outsourcing of visa processing services in 2024.
2 min |
July 02, 2025
Daily FT
Chandana L. Aluthgama resigns as Group Chief Executive Officer of SLIC
SRI Lanka Insurance yesterday announced the resignation of its Group Chief Executive Officer Chandana L. Aluthgama from 1 August.
2 min |
July 02, 2025
Daily FT
Colombo Dockyard says Mazagon picked via competitive process; Rights Issue before mandatory offer
THE Colombo Dockyard PLC (CDP), yesterday said that the selection of Indian giant Mazagon Dock Shipbuilders Ltd., to acquire controlling stake was via an open and competitive process and a Rights Issue will precede the mandatory offer.
1 min |
July 02, 2025
Daily FT
Secondary bond market yields hold steady; activity moderates
Rs. 113 billion Treasury bill auction in focus; Rupee appreciates
1 min |
July 02, 2025
Daily FT
Winds of change switch course of the League
DIALOG SCHOOLS RUGBY LEAGUE 2025 WEEK 4 TACTICAL ANALYSIS
9 min |
July 02, 2025
Daily FT
Takeaways for Sri Lanka from UNCTAD's Investment Reality Check
THE release of UNCTAD’s ‘World Investment Report 2025’ delivers a sobering assessment of global capital flows, which serve both as a warning and opportunity for Sri Lanka’s economic recovery trajectory.
5 min |
July 02, 2025
Daily FT
5G-A powers all-scenario IoT to enable intelligent connections for all
AT the GSMA IoT Summit during Mobile World Congress (MWC) Shanghai 2025, Huawei Wireless Solution Vice President and Chief Marketing Officer Eric Zhao delivered a keynote speech titled “5G-A powers all-scenario IoT, turbocharging a new AIoT era for all”.
1 min |
July 02, 2025
Daily FT
Finance Ministry rolls out high-yield special fixed deposit scheme for senior citizens
THE Finance Ministry yesterday announced the rollout of the special interest scheme for senior citizens 2025, offering enhanced returns on fixed deposit savings for individuals aged 60 and above, offering higher interest rates to support their financial security.
1 min |
July 02, 2025
Daily FT
CEOs Roundtable holds strategic discussion on trade and business between SL and India
Organised by Ceylon Chamber of Commerce and Indo-Lanka Chamber of Commerce and Industry, in collaboration with the High Commission of India
1 min |
July 02, 2025
Daily FT
Prabhath Kaushallya appointed to HDFC Bank Board
TOP professional Prabhath Kaushallya has been appointed to the Board of HDFC Bank of Sri Lanka as a Non-Executive Independent Director:
1 min |
July 02, 2025
Daily FT
Shantha Bandara appointed President at SLCPI's 64th Annual General Meeting
THE Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI) successfully held its 64th Annual General Meeting (AGM) on 27 June, at the Cinnamon Grand Colombo.
1 min |
July 02, 2025
Daily FT
Sri Lanka gets $ 2.5 m from Japan to strengthen anti-corruption mechanisms
UNDP Sri Lanka to implement a 3-year project to promote transparency, integrity and accountability in governance and business practices
3 min |
July 02, 2025
Daily FT
Export Development Board and Ambassador of the Republic of Türkiye hold discussion on enhancing trade opportunities
AMBASSADOR of the Republic of Türkiye Semih Lütfü Turgut, and the Export Development Board (EDB) engaged in discussions on fostering international relations and exploring trade opportunities between the two countries. The meeting was held at EDB on 12 June.
1 min |
July 02, 2025
Daily FT
CCC, Police SC continue winning streak
SLC Major Club 50-over cricket tournament
3 min |