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Daily FT

Daily FT

Nobility of professions is being traded for silver and gold

DESPITE the general acceptance of a ‘stakeholder model’ of governance replete with Corporate Social Responsibility (CSR), Environmental, Social and Governance (ESG) frameworks and Inclusion, Diversity, Equity and Access (IDEA) thinking, the modern world is still, primarily, structured around a seemingly unassailable principle of the pursuit of profit much in keeping with Milton Friedman’s assertion that “The business of business is business,” where he argued that a corporation’s sole social responsibility is to maximise profits for its shareholders while operating within the bounds of the law and basic societal ethics.

10 min  |

September 19, 2025

Daily FT

All set for SLB Novices Championship 2025 in Ratnapura

ALL arrangements have been made in place to host the Sri Lanka Badminton Novices Championship 2025, between 28 September and 2 October at three selected venues in Ratnapura.

1 min  |

September 19, 2025

Daily FT

Kusal Mendis strikes form as Sri Lanka knock Afghanistan out of Asia Cup

Bangladesh qualify with Sri Lanka for Super Four

2 min  |

September 19, 2025
Daily FT

Daily FT

Secondary Bond market yields drop on US Fed rate cut announcement

IT was announced that the US Federal Reserve cut its benchmark interest rate by 25 basis points to a target range of 4.00%—4.25%, marking the first reduction since December 2024.

1 min  |

September 19, 2025
Daily FT

Daily FT

From saving to investing: Why Sri Lankans need a smarter wealth strategy

FOR generations, saving has been the foundation of financial planning in Sri Lanka. Fixed deposits, savings accounts, and Government securities have long been trusted as the safest ways to secure one's future. But in today's economic reality, saving alone is no longer enough.

3 min  |

September 19, 2025
Daily FT

Daily FT

Crossing the Tax Rubicon

Like Caesar's crossing of the Rubicon, every tax decision carries lasting consequences

4 min  |

September 19, 2025
Daily FT

Daily FT

JVP-led NPP Govt. must take meaningful action to end illegal Indian fishing in northern waters

THE ongoing problem of illegal fishing and bottom trawling in Sri Lanka’s northern territorial waters by Indian fishers from Tamil Nadu state was described in detail in the first part of this article published last week.

8 min  |

September 19, 2025

Daily FT

Ex-Sabaragamuwa Minister remanded over Rs. 70 m fraud

FORMER Sabaragamuwa Provincial Council Minister Athula Kumara Rahubadda has been remanded until 2 October for allegedly misappropriating Rs. 70 million worth of State funds.

1 min  |

September 19, 2025

Daily FT

Zahira College honours sporting excellence at Colours Night

ZAHIRA College held Colours Awarding Ceremony for the years 2022, 2023, and 2024 on Saturday, 13 September at the College Ghafoor Hall.

1 min  |

September 19, 2025

Daily FT

MPs explore UK support to boost youth, women political participation

THE Parliament Secretariat yesterday said Women Parliamentarians’ Caucus has held discussions with representatives of the Westminster Foundation for Democracy (WFD) and the Law and Society Trust (LST) on potential areas of support and ways to encourage greater political participation by young women.

1 min  |

September 19, 2025

Daily FT

Ex-Lotteries Board Director Halloluwa gets bail

THE Colombo Magistrate’s Court yesterday granted bail to former National Lotteries Board Director Thusitha Halloluwa, who had been in remand custody.

1 min  |

September 19, 2025
Daily FT

Daily FT

BOC connects Analaitivu to nation and beyond

BANK of Ceylon (BOC), in collaboration with Sri Lanka Post, inaugurated the BOC Agent Banking Centre in Analaitivu, a small island off the Jaffna Peninsula with nearly 650 families and a population of around 3,000.

1 min  |

September 19, 2025

Daily FT

CDB Monthly Medal begins today

THE CDB sponsored Monthly Medal is set to tee off at the Royal Colombo Golf Club (RCGC) today and tomorrow drawing a record field of over 290 golfers.

1 min  |

September 19, 2025

Daily FT

Barefoot and Netherland's POLSPOTTEN announce landmark design collaboration

TWO design powerhouses, Sri Lanka’s celebrated handloom brand Barefoot, and Dutch luxury interiors brand POLSPOTTEN, are joining forces for the first time in a landmark collaboration set to debut in 2025/2026.

2 min  |

September 19, 2025

Daily FT

Pakistan earn place in Super Four with 41-run win over UAE

Sri Lankan umpire hit on head and forced to retire

1 min  |

September 19, 2025
Daily FT

Daily FT

HDFC Bank launches sustainable debit card

HDFC Bank said it has launched a new shopping debit card that promotes sustainability and enhances customer experiences.

1 min  |

September 19, 2025

Daily FT

Dialog Finance launches first end-to-end smartphone financing

DIALOG Finance PLC, has announced the launch of three landmark service features under its Lesi Pay device financing model — introduced for the first time in Sri Lanka.

1 min  |

September 19, 2025
Daily FT

Daily FT

McLarens Group and 3M celebrate partnerships and innovation at Partner Event 2025

3M-MCLARENS hosted its flagship event on 3 September at Cinnamon Life, Colombo. Held under the theme \"Powering Performance through Innovation, Celebrating Partnerships,\" the premium evening brought together top customers, C-level executives, industry stakeholders, and 3M-McLarens leadership to celebrate valued partnerships and explore the future of collaborative innovation in Sri Lanka.

1 min  |

September 19, 2025

Daily FT

Hayleys Fentons' Managing Director honoured at inaugural CPM Management Leadership Excellence Awards 2025

HAYLEYS Fentons Ltd. Managing Director Hasith Prematillake, received four exemplary recognitions at the inaugural CPM Management Leadership Excellence (MLE) Awards 2025.

2 min  |

September 19, 2025

Daily FT

Daily FT-CICRA 11th Annual Cyber Security Summit kicks off with CEO Forum

THE Daily FT-CICRA 11th Annual Cyber Security Summit kicked off on Wednesday with the CEO Forum followed by full day summit yesterday. A host of global and local experts shared latest insights to challenges and solutions in the cyber security sphere with the advent of Artificial Intelligence.

1 min  |

September 19, 2025

Daily FT

President vows to make 2025 pivotal year for SL

PRESIDENT Anura Kumara Disanayake yesterday declared that 2025 will mark a decisive turning point in Sri Lanka's economic, social, political and legal spheres, as he launched the long-delayed construction of the Central Expressway section from Kadawatha to Mirigama.

3 min  |

September 18, 2025
Daily FT

Daily FT

Message from Hon. Prime Minister

The INDUSTRY EXPO 2025, organized by the Ministry of Industry and Entrepreneurship Development and the Industrial Development Board, is a landmark initiative supporting Sri Lanka's industrial growth and economic transformation.

1 min  |

September 18, 2025
Daily FT

Daily FT

Tea crop falls in August, YTD production up

SRI Lanka's tea crop posted mixed results in August, with monthly production falling year-on-year (YoY), while cumulative output for the first eight months of 2025 showed healthy growth compared to both 2024 and 2023.

1 min  |

September 18, 2025

Daily FT

10 corporates empower university students on cybersecurity at Daily FT-CICRA Summit today

10 socially responsible corporates have come forward to empower State university students with the latest knowledge on cybersecurity threats and solutions at the full-day 11th Annual Cyber Security Summit, organised by the Daily FT-CICRA, held today at the Cinnamon Grand Oak Room.

1 min  |

September 18, 2025
Daily FT

Daily FT

Message from Hon. Deputy Minister of Industry and Entrepreneurship Development

It gives me great pleasure to extend my warmest congratulations on the successful organization of Industry Exhibition 2025. This remarkable event serves as an important platform to showcase the strength, diversity, and potential of our nation's industrial sector.

1 min  |

September 18, 2025
Daily FT

Daily FT

Crucial game for Sri Lanka and Afghanistan in group of death

Bangladesh's 8-run win against Afghanistan in their final match on Tuesday has certainly opened up Group B of the Asia Cup and turned it into a group of death.

3 min  |

September 18, 2025
Daily FT

Daily FT

Message from Chairman of the Industrial Development Board

Celebrating the Remarkable Success of the International Industry Expo 2025

1 min  |

September 18, 2025

Daily FT

Finance Ministry appoints Thulci Aluwihare and Sharmini Ratwatte to BOC Board

BANK of Ceylon (BOC) has appointed Thulci Aluwihare and Sharmini Ratwatte as Independent Non-Executive Directors to its Board on the recommendations of a fivemember special selection committee appointed by the Finance Ministry.

2 min  |

September 18, 2025

Daily FT

BOC unveils Sri Lanka's first biodegradable banking card

BANK of Ceylon (BOC) yesterday announced the launch of Sri Lanka's first-ever biodegradable banking card.

2 min  |

September 18, 2025

Daily FT

Cabinet approves over Rs. 10 b in local pharmaceutical procurements

THE Cabinet of Ministers on Monday approved a major procurement package aimed at strengthening local pharmaceutical production and ensuring uninterrupted medical supplies in 2025.

1 min  |

September 18, 2025