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Daily FT

Royal win Dudley de Silva trophy in Wesley hockey encounter

A hat trick by Lithum Karunasiri helped Royal College, Colombo to beat Wesley College in their annual hockey encounter played for Dudley de Silva trophy held in Reid Avenue school ground recently.

1 min  |

September 10, 2025

Daily FT

Fairfirst Insurance beats HNB in high-scoring contest in MCA Super Premier League

A run ~ orgy of 720 runs in 587 balls was witnessed at Thurstan College Grounds, in the ongoing, 32nd Singer-MCA Super Premier League 2025 match between Fairfirst Insurance and HNB on Friday.

2 min  |

September 10, 2025

Daily FT

Separating Chairman and CEO roles in PLCs

AT a recent forum organised by the Sri Lanka Institute of Directors (SLID), the CSE, and the SEC, business leader Murtaza Jafferjee made a powerful case for separating the roles of Chairman and Chief Executive Officer (CEO).

2 min  |

September 10, 2025
Daily FT

Daily FT

Lanka Hospitals becomes first healthcare service provider to join GovPay

Marks milestone as 100th onboarded institution

2 min  |

September 10, 2025
Daily FT

Daily FT

Nations Trust Bank strengthens businesses in Southern region to drive economic growth and agility

NATIONS Trust Bank recently hosted a business forum as part of its “Beyond Ordinary” Nations Business Advisory series, bringing together selected business and private banking customers for an evening of knowledge-sharing and purpose-driven collaboration in the Southern region.

1 min  |

September 10, 2025
Daily FT

Daily FT

Daminda Rambukwella appointed Civil Aviation Authority Chief amid controversy

THE Cabinet of Ministers has approved the appointment of Capt. Daminda Rambukwella as the new Director General and Chief Executive Officer of the Civil Aviation Authority of Sri Lanka (CAASL), a move that has already stirred controversy in political and professional circles.

1 min  |

September 10, 2025
Daily FT

Daily FT

Challenges faced by Sri Lanka's apparel and textile industry in US market

SRI Lanka's apparel and textile industry has been the export powerhouse for several decades to date, contributing $ 5.05 billion in 2024, with a growth of nearly 5%, operating with the anticipation of elevating to $ 7 billion by 2030, according to industry data publicly available.

5 min  |

September 10, 2025

Daily FT

British Sri Lankan cardiologist meets King of Spain at world's largest heart congress

BRITISH Sri Lankan cardiologist Dr. Yanushi Dullewe Wijeyeratne received international recognition at the European Society of Cardiology (ESC) Annual Congress 2025 in Madrid, held from 29 August to 1 September.

1 min  |

September 10, 2025

Daily FT

Saudi Transport and Logistics Minister receives Minister Bimal Rathnayake

SAUDI Arabia’ Transport and Logistics Minister Saleh Al-Jasser received Transport, Highways, Ports and Civil Aviation Minister of Sri Lanka, Bimal Rathnayake on the sidelines ofthe 2nd Sustainable Maritime Industry Conference held in Jeddah from 03 to 04 September.

1 min  |

September 10, 2025

Daily FT

Nayana Mawilmada appointed to three JKH hotels boards

THREE John Keells group companies yesterday announced the appointment of Nayana Mawilmada as Non-Executive Director to the boards of Trans Asia Hotels PLC, Asian Hotels and Properties PLC, and John Keells Hotels PLC.

1 min  |

September 10, 2025
Daily FT

Daily FT

Sri Lanka recalls ODI star Liyanage to shore up T20I batting for Asia Cup

Being in form has its rewards, that's why we brought him into the squad - Asalanka

2 min  |

September 10, 2025

Daily FT

Carlsberg Brewery Malaysia's Anthony Yong joins Lion board

LION Brewery (Ceylon) PLC yesterday announced the appointment of Anthony Yong as Non-Executive Director of the company.

1 min  |

September 10, 2025

Daily FT

Global investment in new renewable projects hits record $ 386 b

GLOBAL investment in new renewable energy projects hit a record $ 386 billion in the first half of 2025, up 10% from the previous year, a report said.

2 min  |

September 10, 2025
Daily FT

Daily FT

NCINGA guides C-suite to achieve cyber-resilience

NCINGA shared insights on emerging Al-driven enterprise threats and the evo- lution of cybersecurity from Al-assisted security to Agentic AI at an exclusive C-suite knowledge sharing session, emphasising the need to build resilience as the new top priority.

2 min  |

September 09, 2025
Daily FT

Daily FT

Roadmap for Sri Lanka’s regenerative future

nut with yield declines due to a climate regime of longer dry spells punctuated by high-intensity rain. Beyond the agronomy, these swings undermine wage days for casual rural labour, depress seasonal cashflows for smallholders, and trigger distress borrowing.

8 min  |

September 09, 2025
Daily FT

Daily FT

Sri Lanka’s National People’s Power faces legacy of civil war

President Anura Kumara Disanayake and his National People’s Power Government are struggling to build a more stable, inclusive political culture in Sri Lanka. A mix of bold action and political skill will be needed. Support from the UN Human Rights Council can help.

10+ min  |

September 09, 2025

Daily FT

Govt. moves to bring OTAs into tax net as Booking.com talks begin

THE Government is preparing for a decisive round of talks with global online travel giant Booking.com later this week, as it steps up efforts to bring online travel agencies (OTAs) and digital accommodation platforms into the country's regulatory and tax framework.

2 min  |

September 09, 2025
Daily FT

Daily FT

Ex-President's arrest in Sri Lanka: Some should not be more equal than others

\"Some are more equal than others\" is a paradoxical phrase from George Orwell's allegorical novel Animal Farm that highlights societal hypocrisy, where the concept of equality is proclaimed but a privileged few receive preferential treatment

7 min  |

September 09, 2025
Daily FT

Daily FT

SLAASMB appoints new Director General

THE Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) has announced the appointment of Shantha Halloluwa as its 5th Director General, effective from 1 September.

1 min  |

September 09, 2025

Daily FT

Share prices of LAUGFS listed entities soar after Dhammika's deal

THE prices of LAUGFS Gas and LAUGFS Power voting and nonvoting shares shot up yesterday dominating the percentage wise gainers as investors reacted positively to the impending partnership with their holding company and business leader Dhammika Perera.

2 min  |

September 09, 2025

Daily FT

Browns Investments signs SPA to sell Maldives resort for $ 57.5 m

BROWNS Investments PLC Group has entered into a Sale and Purchase Agreement (SPA) with ASB Hotel Properties Maldives Ltd., for the sale of the assets and business of the Barceló Whale Lagoon Maldives Resort for $ 57.5 million.

1 min  |

September 09, 2025

Daily FT

Tourist arrivals surge past 1.6 m

SRI Lanka's tourism sector has registered nearly 37,500 arrivals in the first week of September, surpassing 1.6 million visitors so far in 2025-a milestone reached a month earlier than last year.

1 min  |

September 09, 2025

Daily FT

Meta partners Daily FT-CICRA 11th Annual Cyber Security CEO Forum and Summit 2025

IN an era of rapid digital transformation, the need for robust cybersecurity has never been more critical.

2 min  |

September 09, 2025

Daily FT

Govt. settles 55% of 2025 external debt commitments in 1H

SRI Lanka settled $ 1.36 billion in external debt servicing in the first half of 2025, covering 55% of the $ 2.45 billion due for the full year, according to data from the Public Debt Management Office and the Central Bank of Sri Lanka (CBSL).

1 min  |

September 09, 2025
Daily FT

Daily FT

Foreign Minister Herath assures UNHRC, defends reforms, sovereignty in Geneva

FOREIGN Minister Vijitha Herath yesterday assured the United Nations Human Rights Council (UNHRC) that the Government is committed to reconciliation, human rights, and democratic reforms through national institutions, adopting a conciliatory stance towards international partners even as he firmly defended the country's sovereignty against external accountability mechanisms.

4 min  |

September 09, 2025

Daily FT

Prof. Roshan Ajward joins LCB Finance Board

LANKA Credit and Business Finance PLC (LCB Finance) yesterday announced the appointment of Prof. Roshan Ajward as an Independent, Non-Executive Director with effect from 8 September.

1 min  |

September 09, 2025

Daily FT

How Asia Cup has expanded to serve as prelude to ICC world events

THE United Arab Emirates (UAE) will host the 17th edition of the Asia Cup for the fifth time, and for the third time in the last four editions largely due to the tension that exists between India and Pakistan. In fact the hosts of the 2025 edition is India, but due to Pakistan not being given the permission to travel to that country UAE has become the neutral venue.

3 min  |

September 09, 2025

Daily FT

Softlogic Information Technologies partners BMC Helix to deliver value-driven digital transformation

SOFTLOGIC Information Technologies Ltd., one of Sri Lanka's premier IT solutions providers with over three decades of experience delivering enterprise IT infrastructure, cloud platforms, and managed services, is a trusted partner for large-scale digital transformation initiatives across industries. Softlogic Technologies has announced a partnership as an authorised distributor and managed services partner with BMC Helix, Inc. (BMC Helix) a global leader in software solutions that helps the world's most forward-thinking IT organisations turn AI into action.

2 min  |

September 09, 2025

Daily FT

SC sets Feb. 2026 date to hear petitions against Ranil's Deshabandu IGP appointment

THE Supreme Court fixed 12 February 2026 to take up petitions challenging the legality of former President Ranil Wickremesinghe’s appointment of Deshabandu Thennakoon as Inspector General of Police (IGP) yesterday.

1 min  |

September 09, 2025

Daily FT

RDB Bank records Rs. 2.2 b PBT in 1H 2025

REGIONAL Development Bank (RDB) yesterday said it reported a Profit Before Tax (PBT) of Rs. 2.2 billion for the first six months of 2025, up from Rs. 492 million a year earlier.

1 min  |

September 09, 2025