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Daily FT
German-Sri Lanka tourism dialogue calls for urgent action to unlock growth
THE Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka) yesterday hosted the Sri Lankan-German Tourism Conference 2025 under the German Federal Ministry for Economic Affairs and Energy's (BMWi) Market Entry Program.
4 min |
September 10, 2025
Daily FT
LOLC part sells PickMe stake; Tundra buys
LOLC Group yesterday sold part of its stake in Digital Mobility Solutions Lanka PLC or PickMe whilst medium to longterm foreign fund Tundra stepped up buying.
2 min |
September 10, 2025
Daily FT
Finnovation Lab empowers Sri Lanka’s next-generation FinTech innovators
THE Finnovation Lab, held on 2 September, marked a significant milestone in Sri Lanka’s journey to become a regional hub for financial technology innovation.
3 min |
September 10, 2025
Daily FT
Roshan Mahanama Trust establishes second Lama Piyasa in Galle
Haven for abused children against backdrop of over 6000 reported cases in 2024
1 min |
September 10, 2025
Daily FT
Sri Lanka NOC rallies behind Aichi-Nagoya 2026 Asian Games
THE National Olympic Committee of Sri Lanka (NOCSL) has played a pivotal role in welcoming the Olympic Council of Asia (OCA) delegation to Colombo as part of the promotional campaign for the Aichi-Nagoya 2026 Asian Games.
1 min |
September 10, 2025
Daily FT
Engineers urged to lead Sri Lanka's industrial transformation at IESL NEC 2025
THE National Engineering Conference (NEC) 2025, organised by the Institution of Engineers, Sri Lanka (IESL), was held recently at Hotel Galadari, bringing together engineering professionals, academics, policymakers, and industry leaders to deliberate on engineering-driven solutions for national development.
2 min |
September 10, 2025
Daily FT
PMF Finance 1Q PBT up 200% YoY to Rs. 188 m
PMF Finance PLC yesterday announced a Profit Before Tax (PBT) of Rs. 188 million for the first quarter of the 2025/26 financial year, a 200% year-on-year increase from Rs. 60 million.
1 min |
September 10, 2025
Daily FT
Hutch powers Sri Lanka's first-ever franchise golf league
HUTCH Sri Lanka has announced its partnership with the Ceylon Golf League (CGL) as the 'Powered by Partner' for the country's first-ever franchise-format golf tournament, marking a bold step in the evolution of premium sports entertainment in Sri Lanka.
1 min |
September 10, 2025
Daily FT
Minister Sunil Handunnetti leads strategic meeting with Export Development Officers
A special meeting between the Industry and Entrepreneurship Development Minister Sunil Handunnetti, and Export Development Officers serving under the Ministry across the Southern, Western, and Sabaragamuwa provinces was held on 3 September at the premises of the Export Development Board (EDB).
1 min |
September 10, 2025
Daily FT
SC clears Bill removing ex-Presidents’ entitlements, Parliament debate today
PARLIAMENT Speaker Dr. Jagath Wickramarathne yesterday informed the House that the Supreme Court has determined the Bill titled Presidents’ Entitlements (Repeal) is consistent with the Constitution and can be enacted by a simple majority.
1 min |
September 10, 2025
Daily FT
Dehigama, Ponnambalam and Wickremasinghe shine at NEGC
THE Nuwara Eliya Golf Club once again showed its rich golfing tradition, hosting three prestigious tournaments: Captains Cup, Presidents Prize and A.R. Aitken Trophy last weekend on its iconic Hill Country course.
1 min |
September 10, 2025
Daily FT
LankaPay joins as Silver Partner for 8th consecutive year for Annual Cyber Security Summit 2025
LANKAPAY, the operator of Sri Lanka’s national payment network and the backbone of the financial ecosystem in Sri Lanka, has announced its continued partnership with the 11th Annual Cyber Security Summit 2025 organised by the Daily FT and CICRA Campus.
2 min |
September 10, 2025
Daily FT
Lanka Alzheimer's Foundation urges Sri Lankans to 'Ask about Dementia'
THE risk of Alzheimer's disease and other types of dementia increases with age. As Sri Lanka has one of the fastest ageing populations in the region it is estimated that by the year 2050 there will be almost half a million people living with dementia in Sri Lanka.
2 min |
September 10, 2025
Daily FT
FITIS welcomes and pledges full support to Govt's ‘100 Days Digital’ program
THE Federation of Information Technology Industry Sri Lanka (FITIS) recently welcomed the Government’s launch of the ‘100 Days Digital’ program at the unveiling of INFOTEL 2025, reiterating its full commitment to support this ambitious initiative.
3 min |
September 10, 2025
Daily FT
Cabinet...
The approved allocations cover sites in Ampara, Trincomalee, Batticaloa, Kalutara, Minuwangoda, Matugama, Millaniya, Ulapaney, Ratnapura Nalanda, Karandeniya, Bata Atha, Mannar, Galigamuwa, Embilipitiya, Buththala, Dankotuwa, Puttalam, and Aluthapola.
1 min |
September 10, 2025
Daily FT
Maldives clinch inaugural South Asian Super Cup
THE Maldivian National Football team clinched the inaugural South Asian Super Cup by defeating Sri Lanka on a higher goal aggregate 4-1 after the game ended in a 1-all draw in their soccer encounter played under lights at Race Course Stadium yesterday.
1 min |
September 10, 2025
Daily FT
Liquidity surges to over Rs. 160 b; hits highest level in almost 3 months
Rs. 77 b T-Bill auction in focus ■Secondary Bond market activity remains muted ■Rupee remains steady
1 min |
September 10, 2025
Daily FT
Apparel sector losing edge as global rivals outpace productivity and innovation
TAX Consultant Prabath Weerasinghe recently warned that Sri Lanka’s apparel industry risks falling further behind competitors like Bangladesh, Vietnam, and Cambodia, with weak labour productivity, limited innovation, and mounting tariff pressures squeezing margins.
2 min |
September 10, 2025
Daily FT
Jaffna International Cricket Stadium: Another white elephant?
FOR a decade, fortunes of the national cricket team have been in doldrums.
2 min |
September 10, 2025
Daily FT
VAT on Digital Services: Insights from ICCSL webinar
THE International Chamber of Commerce Sri Lanka (ICCSL), through its Research, Knowledge Management, and Taxation (RKMT) Committee, recently successfully hosted a hybrid webinar titled “VAT on Digital Services and Cross-Border Compliance,” attracting businesses, professionals, and policymakers eager to understand the newly implemented VAT framework for digital services.
2 min |
September 10, 2025
Daily FT
Wild Coast Tented Lodge, Amaya Hills, Kandy win Travel Trade Club softball 6s
WILD Coast Tented Lodge, Yala Men's team and Amaya Hills, Kandy Women's team, emerged winners at the 44th Travel Trade Sports Club Men's and Women's Softball Cricket “Sixes” 2025 simultaneously held at SLLDC Grounds, Kirimandala Mawatha and Shalika Grounds, Narahenpita.
1 min |
September 10, 2025
Daily FT
Nepal Parliament set on fire after PM quits amid anti-corruption protests
HUNDREDS of protesters stormed Nepal’s Parliament building in Kathmandu yesterday after days of anti-corruption demonstrations, setting part of the structure ablaze and vandalising its interior, the BBC reported.
1 min |
September 10, 2025
Daily FT
AIA Sri Lanka joins MDRT Foundation to empower differently-abled
IN a powerful display of corporate responsibility, AIA Insurance, in collaboration with the Million Dollar Round Table (MDRT), extended its strong support to The Shiranee Joseph de Saram Foundation, an organisation dedicated to creating opportunities and empowering individuals with disabilities in Sri Lanka.
1 min |
September 10, 2025
Daily FT
18 premium channels, 6.8 million viewers – endless advertising possibilities with Dialog Television
DIALOG Television, Sri Lanka's #1 Pay-TV service provider, invites corporate advertisers to leverage one of the country's most powerful media platforms, trusted by over 1.7 million households and more than 90% of Sri Lanka's corporate sector.
1 min |
September 10, 2025
Daily FT
AC Milan strengthens long-term partnership with Colombo Athletic and Football Club
AC Milan, in partnership with the Colombo Athletic and Football Club, has announced the launch of the second edition of the AC Milan Academy Camp in Sri Lanka, at the Thurstan Sports Complex.
2 min |
September 10, 2025
Daily FT
CMA Sri Lanka to host Silver Jubilee international conference on AI impact on policy, stability and growth
THE CMA Sri Lanka Silver Jubilee International Management Accounting Conference 2025, themed “Redefining Management Accounting: AI Innovation and Sustainable Value Creation”, will open with its inaugural technical sessions on 17 September at Cinnamon Life, The Forum.
1 min |
September 10, 2025
Daily FT
Dominating waters: Cinnamon Life crowned Overall Champions at JKH Swimming Meet 2025
CINNAMON Life at City of Dreams made waves at the JKH Inter-Company Swimming Meet 2025, claiming the title of Overall Champions through out-
1 min |
September 10, 2025
Daily FT
KPMG webinar today on 'Navigating Sri Lanka's Foreign Exchange Act'
AS Sri Lanka continues to refine its approach to foreign currency regulation, stakeholders must stay informed about both inbound and outbound investment frameworks under the Foreign Exchange Act No. 12 of 2017. With 2025 ushering in key updates, from remittance thresholds to repatriation procedures, there is an urgent need for clarity among investors, corporates, and financial professionals.
1 min |
September 10, 2025
Daily FT
LOLC Advanced Tech and Corsair Group partner to transform waste into fuel in Sri Lanka
LOLC Advanced Technologies (LOLC AT), a fully owned subsidiary of LOLC Holdings PLC, together with Corsair Group International headquartered in Amsterdam, has announced a partnership to upgrade and expand LOLC AT's existing waste-to-fuel plant at Kerawalapitiya. This strategic initiative aims to address Sri Lanka's growing plastic and polythene waste challenge.
2 min |
September 10, 2025
Daily FT
ITAK slams Govt. over human rights response at UNHRC
THE Illankai Tamil Arasu Kachchi (ITAK) has strongly criticised Foreign Minister Vijitha Herath’s statement at the 60th session of the United Nations Human Rights Council (UNHRC), highlighting what it calls the Government’s continued failure to address accountability, reconciliation and the rights of Tamil communities in Sri Lanka.
2 min |