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Daily FT

Daily FT

CIMA – JXG Pinnacle Awards 2025 crowns Sri Lanka's corporate trailblazers

THE highly anticipated and presAwards 2025 organised in collaboration with JXG (Janashakthi Group) and AICPA & CIMA Sri Lanka, was held on 11 June, at Cinnamon Life, Colombo and was a resounding success.

3 min  |

June 20, 2025
Daily FT

Daily FT

Unit trusts in Sri Lanka: Growing investment trend

An expert conversation with Unit Trust Association of Sri Lanka (UTASL) President Christine Dias Bandaranaike

4 min  |

June 20, 2025
Daily FT

Daily FT

Sri Lanka respond strongly through Nissanka century

■Have a lot to play for trailing by only 126 runs with 6 wickets in hand

4 min  |

June 20, 2025
Daily FT

Daily FT

'Know Your Neethi' campaign debuts to championing legal literacy in Sri Lanka

The Support to Justice Sector (JURE) project aims to bolster legal awareness through the ‘Know Your Neethi’ campaign

2 min  |

June 20, 2025

Daily FT

Resus Energy to raise Rs. 1 b via Green Bonds

RESUS Energy PLC aims to raise Rs. 1 billion via the issuance of Green Bonds.

1 min  |

June 20, 2025

Daily FT

Reactors and regime change

As a regional hegemon, it has both the capacity and will to retaliate asymmetrically

6 min  |

June 20, 2025

Daily FT

LG – Abans ignites national cricket spirit as Title Sponsor of Sri Lanka-Bangladesh Series 2025

ABANS PLC, the exclusive authorised partner for LG in Sri Lanka, has once again padded up in full support of the nation's most beloved game in time to become the title sponsor of the Bangladesh tour of Sri Lanka 2025. LG – Abans, through this initiative, is extending its full support towards the pulse of a cricket-loving nation.

1 min  |

June 20, 2025

Daily FT

Indonesian Festival and Bazaar on 28 June

THE Embassy of the Republic of Indonesia, in collaboration with the Sri Lanka Indonesia Friendship Association (SLIFA), will host the Indonesian Festival and Bazaar 2025 on Saturday, 28 June, from 2 p.m. to 10 p.m. at the Indonesian Embassy premises located at 400/50, Sarana Road, Colombo 7.

1 min  |

June 20, 2025
Daily FT

Daily FT

Vision Care supports 58th Inter District Schools Hockey Tournament 2025 as Title Sponsor

VISION Care, recently partnered with the Sri Lanka Schools Hockey Association (SLSHA) as the main sponsor of the 58th Inter District Combined Schools Hockey Tournament 2025.

1 min  |

June 20, 2025
Daily FT

Daily FT

ComBank opens first dedicated Women's Banking Centre at Jaffna branch

THE Commercial Bank of Ceylon has launched its first exclusive Women’s Banking Centre, managed by a dedicated team of female staff to serve female customers, reinforcing the bank’s commitment to meeting the unique needs of women.

1 min  |

June 20, 2025
Daily FT

Daily FT

Joes kick-off in style beating both Thurstan and rain

ST. Joseph's College Maradana, marked their maiden victory at the 2025 edition of the Schools Rugby League against Thurstan College, at a weather-stricken semi paddy field-like CR & FC, at Longdon Place. The poor condition of the playing field owing to continuous downpours, made ball handling, sprinting and place kicking, a daymare for both teams. Nevertheless, the Saints' persistence in driving through the opposition defence yielded fruitful results, more or less evenly in both halves.

1 min  |

June 20, 2025

Daily FT

Appeal to Sri Lanka on World Refugees Day, 20 June

INDIA’S compassion as a host nation sets a precedent and now Sri Lanka must welcome its people back with justice and opportunity.

2 min  |

June 20, 2025
Daily FT

Daily FT

Netanyahu's Iran war, global implications and AKD's appalling policy stand

LEFT-LEANING Governments, especially but not only in the global South, which feel compelled to adopt severe IMF stabilisation and debt repayment packages, tend to compensate in the field of foreign policy by adopting progressive stands. President Anura Kumara Dissanayake's JVP-NPP administration is an exception.

10 min  |

June 19, 2025

Daily FT

Secondary Bond market yields move up

THE weekly Treasury Bill auction conducted yesterday went undersubscribed, as only 86.83% or Rs. 114.62 billion of its total offered volume of Rs. 132 billion was accepted in successful bids. The total bids received exceeded the offered amount by 1.65 times.

1 min  |

June 19, 2025
Daily FT

Daily FT

Govt. rolls out high-yield fixed deposit scheme for senior citizens

THE Government has decided to implement a special fixed deposit scheme for senior citizens aged 60 and above, offering higher interest rates to support their financial security.

1 min  |

June 19, 2025

Daily FT

Bank of Ceylon named Islamic Retail Bank of the Year – Asia at The Banker's Islamic Banking Awards 2025

BANK of Ceylon (BOC), the country’s premier State-owned commercial bank, has been awarded “Islamic Retail Bank of the Year — Asia” by The Banker, a Financial Times publication, at its 2025 Islamic Banking Awards. This prestigious regional recognition highlights BOC’s longstanding role in offering Shari'ah compliant financial services alongside its conventional operations and affirms its contribution to the Islamic banking sector in South Asia.

1 min  |

June 19, 2025
Daily FT

Daily FT

President commends outgoing Treasury Secretary for service and integrity

PRESIDENT Anura Kumara Disanayake yesterday lauded outgoing Treasury Secretary Mahinda Siriwardana for his exemplary service, emphasising the vital role of public officials in preventing negative outcomes and driving positive change.

1 min  |

June 19, 2025

Daily FT

Legal education in Sri Lanka needs moral awakening

SRI Lanka Chief Justice Murdu Fernando last week underscored the urgent need to reform legal education to meet the evolving demands of a rapidly changing world.

2 min  |

June 19, 2025
Daily FT

Daily FT

Disgraceful abomination

\"PROSECUTIONS will warp into persecutions. Political foes, real and imagined, in the press and online and in politician suit will be subject to Trump's whims and power. Pardons and clemency will rain down like manna on 6 January 2021 insurrection. Russian President Vladimir Putin will again have a friend in the White House and an ally in NATO and the West. Immigrants and people from Muslim majority countries will have an aggressively hostile federal government. Civil rights and LGBTQ+ progress will grind to a halt. The economy will function on behalf of the haves, to the detriment of the have-nots and the left-out\" (Colbert I. King, Washington Post 3 July 2024).

4 min  |

June 19, 2025

Daily FT

Digital Leaders Dinner by CXO Circle

GATHERING top digital leaders and C-suite executives in Sri Lanka, CXO Circle, the private C-suite networking forum, recently hosted an exclusive dinner to discuss future-focused strategies and forge high-impact collaborations driving the country's digital transformation.

2 min  |

June 19, 2025
Daily FT

Daily FT

PM stresses need to address food loss and food insecurity

PRIME Minister Dr. Harini Amarasuriya yesterday stressed the need to address food loss and food insecurity on an urgent basis.

1 min  |

June 19, 2025
Daily FT

Daily FT

VSIS Group powers Tonga's digital transformation with integrated digital ID and civil registration platform

VS ONE WORLD, the international business arm of VSIS Group, is set to transform the delivery of public services and enhance the end-user experience for the people of Tonga.

1 min  |

June 19, 2025
Daily FT

Daily FT

1864 Limited Edition: Where culinary art meets cultural elegance at Galle Face Hotel

NESTLED within the historic Galle Face Hotel, 1864 Limited Edition offers more than just fine dining—it delivers a cultural and gastronomic immersion that fuses Sri Lankan heritage with global sophistication.

1 min  |

June 19, 2025

Daily FT

CIMA celebrates 60 years of leadership and impact in Sri Lanka

THE Chartered Institute of Management Accountants (CIMA) marks its 60th anniversary in Sri Lanka, celebrating six decades of excellence in finance and business across the island.

2 min  |

June 19, 2025
Daily FT

Daily FT

Vraie takes oath as 26th Mayor of Colombo

VRAIE Cally Balthazaar of the National People's Power (NPP) was yesterday sworn in as the 26th Mayor of the Colombo Municipal Council (CMC).

1 min  |

June 19, 2025
Daily FT

Daily FT

Colombo Court Hotel & Spa shines at Culinary Art Food Expo 2025

COLOMBO Court Hotel & Spa said it achieved outstanding performance at the Culinary Art Food Expo 2025 (CAFÉ 2025) at the BMICH, Colombo, organised by the Chefs Guild of Lanka, where its talented culinary team secured multiple Gold and Bronze medals.

1 min  |

June 19, 2025

Daily FT

Hutch Sri Lanka ignites excitement with 'Cheer Points'

HUTCH Sri Lanka continues to enhance customer experiences through 'Cheer Points,' a dynamic and lifestyle-focused loyalty program that rewards users with exclusive offers and everyday perks.

1 min  |

June 19, 2025
Daily FT

Daily FT

Science and Technology Minister calls for protection and revival of local industries

Minister Chrishantha Abeysena emphasises revival of traditional brass industry through coordinated Govt. support Highlights need for technical guidance, modern tools, production upgrades to boost quality and global competitiveness Stresses long-term value of self-reliance and sustaining traditional industries Observations by NERDC and Science and Technology Ministry inform future action plans for industry development Local industrialists call to protect and strengthen brass industry; demand securing raw materials at concessional rates through Industries Ministry, imposing limits on large-scale export of such materials Officials acknowledge concerns, suggest collective program to find constructive solutions

2 min  |

June 19, 2025
Daily FT

Daily FT

LOLC Finance emerges Overall Champions at 13th FHA Sports Festival

LOLC Finance PLC once again asserted its dominance and team spirit by clinching the coveted title of \"Overall Champion\" at the 13th Finance Houses Association (FHA) Sports Festival, held on 10 May at the Bloomfield Grounds, Colombo. This victory marks a consecutive triumph for LOLC Finance, having also secured the overall championship in 2024, reinforcing the company's continued commitment to excellence not just in financial services space, but also in fostering a culture of holistic development, wellness, and unity among its workforce.

2 min  |

June 19, 2025
Daily FT

Daily FT

Nestlé Golden Chef's Hat Competition 2025 recognises Sri Lanka's top culinary talent

NESTLÉ Professional Sri Lanka, in partnership with the Chefs Guild of Lanka, has relaunched the Nestlé Golden Chef's Hat Competition this year an island wide culinary competition focused on developing up-and-coming culinary talent in the hospitality industry.

3 min  |

June 19, 2025