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Daily FT

Cabinet directs to gazette and table revised Social Security Contribution Levy Bill for Parliament approval

THE Cabinet of Ministers on Monday approved the publication of the amended Social Security Contribution Levy (Amendments) Act in the Government gazette, following clearance from the Attorney General, before submitting it to Parliament for approval.

1 min  |

September 17, 2025
Daily FT

Daily FT

Sri Lanka moves to enable overseas citizens to vote

Cabinet approves appointing Study Committee

1 min  |

September 17, 2025

Daily FT

CEB union staff to call in sick on Thursday, Friday

THE Ceylon Electricity Board Engineers’ Union (CEBEU) announced that its members will report sick leave on 17 and 18 September as part of an escalation in their trade union campaign against the Government's plan to restructure the CEB.

1 min  |

September 17, 2025

Daily FT

Feasibility study for Lotus Roundabout traffic woes

THE Cabinet of Ministers on Monday approved the selection of a consultancy agency, through the procurement process, to conduct a detailed feasibility study aimed at easing severe congestion at the Lotus Roundabout in Colombo.

1 min  |

September 17, 2025

Daily FT

Latest insights to cyber security today and tomorrow via Daily FT-CICRA initiative

THE latest insights to cyber security challenges and solutions for organisations and individuals will come under spotlight today and tomorrow in Colombo via a joint experts initiative by the Daily FT and CICRA Campus.

2 min  |

September 17, 2025
Daily FT

Daily FT

Sri Lanka Insurance Corporation General continues legacy of excellence with 'General Insurance Summit 2024'

SRI Lanka Insurance Corporation General Ltd. (SLICGL) successfully concluded its prestigious 'General Insurance Summit 2024' on 20 and 21 June at the Shangri-La Hambantota. Organised under the inspiring theme 'Celebrating Excellence - The Legacy Continues', the annual flagship event recognised outstanding performers who demonstrated tireless dedication achieving the company's revenue targets and advancing the general insurance business in Sri Lanka.

1 min  |

September 17, 2025

Daily FT

PA raises alarm over Govt. decision to import spices

THE Planters’ Association of Ceylon (PA) yesterday voiced its concerns following the Government's decision to permit the importation of spices under a new regulatory framework that grants “approved enterprise” status to selected companies.

2 min  |

September 17, 2025
Daily FT

Daily FT

More funds for 2025 Yala paddy purchases

PMB spends Rs. 5.28 b from Rs. 6 b allocation to purchase 43,891 tons of Yala paddy across 16 districts Procurement focuses on Pollonnaruwa, Anuradhapura, and Trincomalee, where 79% of 2.2 m ton Yala harvest is complete Cabinet Spokesman and Minister Dr. Nalinda Jayatissa says SME mill loan scheme supports paddy collection, boosting participation during this season Notes Govt. mulls importing 40,000 tons of Keeri Samba or alternative variety amid shortage

1 min  |

September 17, 2025

Daily FT

Anura Weerakoon joins Talawakelle Tea Board

ANURA Weerakoon has been appointed a Non-Executive Director at Talawakelle Tea Estates PLC.

1 min  |

September 17, 2025

Daily FT

Govt. launches digital signatures for public officials

THE Public Administration Ministry has rolled out digital signatures for Government officers as part of efforts to modernise State services and improve efficiency in official transactions.

1 min  |

September 17, 2025

Daily FT

Milinda Hewagama appointed to Kelani Valley Plantations Board

KELANI Valley Plantations yesterday announced the appointment of Milinda Hewagama as Non-Executive Director.

1 min  |

September 17, 2025
Daily FT

Daily FT

SANASA Life launches 'Heenalanthaya' consumer promotion

SANASA Life Insurance has accomplished yet another milestone along with the launch of 'Heenalanthaya,' the largest consumer promotion in the organisation's history.

2 min  |

September 17, 2025

Daily FT

Alliance Finance launches Sri Lanka's first Social Bond

ALLIANCE Finance Company PLC (AFC), Sri Lanka’s oldest operating non-banking financial institution, has set a historic milestone with the issuance of the country’s first-ever Social Bond, officially listed on the Colombo Stock Exchange (CSE) on 28 August.

2 min  |

September 17, 2025

Daily FT

Underperforming Rs. 10 b RAMIS system at risk

RAMIS fails to deliver core functions like taxpayer portals, automated data analytics, risk management, and taxpayer validation World Bank assessment flags IT governance gaps, vendor oversight and staffing shortfalls RD plans in-house takeover by 2027 but lacks skilled staff and frameworks Reforms could yield 40x returns, but require culture change, modernisation and legislative reform

3 min  |

September 17, 2025

Daily FT

Build SL 2026 International Expo

THE Chamber of Construction Industry of Sri Lanka (CCI) recently launched its flagship event Build SL 2026 International Expo at the Galadari Hotel Grand Ball Room.

1 min  |

September 17, 2025

Daily FT

Japan extends nearly Rs. 2 b grant to boost dairy sector and Navy capabilities

THE Government of Japan has pledged a grant of Japanese Yen (JPY) 963 million or around Rs. 1.94 billion to support two key projects, to boost the dairy sector productivity and strengthen the operational capacity of the Sri Lanka Navy.

1 min  |

September 17, 2025
Daily FT

Daily FT

EDB and Germany's Import Promotion Desk to expand cooperation

THE Sri Lanka Export Development Board (EDB) and Germany’s Import Promotion Desk (IPD) will formalise their longstanding collaboration through a Cooperation Agreement, expanding support to Sri Lanka’s digital products and services sector alongside natural ingredients and processed foods.

2 min  |

September 17, 2025

Daily FT

Sri Lanka-Singapore Business Council elects new leadership at 28th AGM

THE 28th Annual General Meeting (AGM) of the Sri Lanka-Singapore Business Council (SLSBC) of the Ceylon Chamber of Commerce was held recently, with the participation of Republic of Singapore in Sri Lanka Honorary Consul General Dr. Jayantha Dharmadasa as the Chief Guest.

1 min  |

September 17, 2025
Daily FT

Daily FT

Marco Polo makes grand debut with flagship store at OGF Mall

MARCO Polo, the premium modern casual wear brand inspired by the legendary explorer, has officially launched its flagship store at One Galle Face (OGF) Mall, Level 2, Shop No. 27.

1 min  |

September 17, 2025

Daily FT

President urges WB to mediate in taking SL's current corruption-free status to world

PRESIDENT Anura Kumara Disanayake on Monday urged representatives of the World Bank to assist in conveying to the global community the transparent nature of Sri Lanka's present governance framework, free from corruption.

1 min  |

September 17, 2025
Daily FT

Daily FT

Govt. moves to develop Kahatagaha graphite mine under PPP

THE Government has decided to develop the 102 acre site Kahatagaha graphite mine, the country’s deepest graphite mine through a new public-private partnership (PPP) framework, to attract international investment and strengthen the sector’s long-term competitiveness in global markets.

1 min  |

September 17, 2025

Daily FT

Sri Lanka tourism may fall short of 2025 arrival and earning targets

SRI Lanka's tourism industry is poised for one of its strongest years since the crisis years of 2019-2022, but the country is unlikely to hit its ambitious targets of 3 million arrivals and $ 5 billion in earnings by the year end.

3 min  |

September 17, 2025

Daily FT

CBL inks deal with Aamalcom Holdings to expand market presence in Saudi Arabia

@ CBL brands Munchee, Ritzbury, and Tiara to see wider distribution in Riyadh City from November @ Phased expansion into Jeddah, Dammam, Madinah, and Qassim @ Initial target modern trade followed by general trade, wholesale, food service, and e-commerce channels coverage

1 min  |

September 17, 2025
Daily FT

Daily FT

Kithul's revival: Blending tradition, wellness and export potential

IN a world increasingly seeking natural, healthy alternatives and sustainable food sources, kithul, a traditional Sri Lankan sweetener is poised to capture international attention.

3 min  |

September 17, 2025
Daily FT

Daily FT

Rewiring for growth: How Government and fintechs can power Sri Lanka’s digital revival

THE world economy is entering a new phase, with growth and innovation increasingly driven by Asia’s rising economic powerhouses and by global waves of technological disruption.

5 min  |

September 17, 2025
Daily FT

Daily FT

A win that Sri Lanka cannot be proud of

Chinks in batting line-up still exists

3 min  |

September 17, 2025

Daily FT

SEC defers trading suspension on Millennium Housing

THE Securities and Exchange Commission (SEC) yesterday deferred the trading suspension on Millennium Housing Developers PLC until 31 December.

1 min  |

September 17, 2025

Daily FT

Cabinet clears hike in betting and gaming levy, doubling casino entry fee for locals

THE Cabinet of Ministers on Monday approved a 2025 Budget proposal to increase the levy on betting and gaming, while also doubling the casino entry fee for locals, following clearance from the Attorney General.

1 min  |

September 17, 2025

Daily FT

Sri Lanka Under-19 cricketers sign off Caribbean tour with win

Lose 7-match Under-19 Youth ODI series 4-3

1 min  |

September 17, 2025

Daily FT

From Instagram to Chitra Lane: Solarē opens first boutique in Colombo

SOME brands burst onto the scene with fanfare. Others, like Solarē, grow quietly one well-loved piece at a time.

1 min  |

September 17, 2025