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Daily FT

Daily FT

Kandy Myst by Cinnamon sets benchmark as first LEED Gold certified hotel In Kandy

KANDY Myst by Cinnamon, the newest addition to the Cinnamon Hotels & Resorts portfolio developed in partnership with Indra Traders Ltd., has become the first hotel in Kandy to be awarded the prestigious LEED (Leadership in Energy and Environmental Design) Gold certification under the globally recognised LEED v4 Building Design and Construction (BD+C) rating system. This milestone reflects the hotel’s strong commitment to advancing sustainability, protecting the environment, and fostering the well-being of its guests and community.

2 min  |

August 29, 2025
Daily FT

Daily FT

PickMe partners University of Moratuwa to drive indigenous innovation in mobility tech sector

PICKME, has entered into a landmark research collaboration with the University of Moratuwa in a move that could redefine the future of homegrown technology innovation in the country.

2 min  |

August 29, 2025

Daily FT

WCIC launches Prathibhabhisheka Women Entrepreneur Awards 2025

THE Women's Chamber of Industry and Commerce (WCIC) has launched its annual flagship event, the \"WCIC Prathibhabhisheka Women Entrepreneur Awards 2025.

3 min  |

August 29, 2025

Daily FT

Douglas & Sons and Yuasa Asia strengthen commitment to powering local automotive industry

YUASA, one of Japan’s globally reputed battery brands, and its sole distributor in Sri Lanka, Douglas & Sons Ltd., (DSL) recently hosted an event to reaffirm their longstanding partnership and shared commitment to powering the nation’s automotive industry.

1 min  |

August 29, 2025
Daily FT

Daily FT

Are tobacco taxes still a reliable source of revenue?

TOBACCO taxes have been a cash cow for governments around the world. World Health Organisation (WHO) data suggest that combined annual global taxes on cigarettes are approaching $1 trillion. In many countries, however, cigarette tax collections shrink each year because fewer people smoke. This tremendous win for public health should be a cause for celebration.

5 min  |

August 29, 2025
Daily FT

Daily FT

Ranil and the rigours of anew republicanism

WHILE the public debate still rages hotly, private reflections which don’t get liked or attacked on social media may be the order of the day a week and more after the arrest and remanding of a former executive president of Sri Lanka.

5 min  |

August 29, 2025

Daily FT

Closing gender gap is economic strategy, boosts country’s GDP: Prime Minister

THE United Nations Population Fund (UNFPA) Sri Lanka, on Wednesday launched a series of evidence-based reports at a forum under the banner — ‘Unlocking the Gender Dividend: Driving Policy Change Through Knowledge’.

3 min  |

August 29, 2025

Daily FT

Salesforce launches 'Agentforce for Revenue'

Says Al-powered solution embedded within its all-new Revenue Cloud cuts sales quoting time by 75%, dramatically reduces manual work for sales teams

2 min  |

August 29, 2025
Daily FT

Daily FT

Uga Prava opens in Tangalle

UGA, the boutique Sri Lankan hotel group renowned for its world-class hospitality, recently opened its seventh property, Uga Prava, in July. Commenting on the property, Uga Owner and Managing Director Priyanjith Weerasooria, said: “We are thrilled to unveil the latest addition to our portfolio of boutique Sri Lankan hotels, Uga Prava, which follows the launch of Uga Halloowella, Hatton. Set on one of our nation’s most beautiful beaches, the property embodies the essence of modern minimalist design while remaining deeply connected to the tropical beauty of its setting. At Uga Prava, our guests are invited to slow their pace, to pause amidst the palm trees and ocean breeze, and reconnect with loved ones, as the warmth of Uga’s award-winning hospitality and the beauty of the south coast provide the perfect backdrop for reflection and renewal.”

1 min  |

August 29, 2025

Daily FT

Intrepid Travel's Sri Lanka GM Poornaka Delpachitra recognised as 2025 PATA Face of the Future awardee for sustainability initiatives

INTREPID Travel recently celebrated the recognition of Intrepid Travel Sri Lanka Country General Manager Poornaka Delpachitra, as a 2025 PATA Face of the Future awardee.

1 min  |

August 29, 2025
Daily FT

Daily FT

Uma Rajamantri installed as 39th President of Rotary Club of Colombo Mid-City

THE Rotary Club of Colombo Mid-City recently held its 39th Presidential Installation at Hilton Colombo, where Uma Rajamantri was inducted as President for 2025-26, alongside her newly appointed Board of Directors, in the presence of distinguished Past District Governors and District Governor-Elect Kumar Sundaraj, as well as corporate leaders.

1 min  |

August 29, 2025

Daily FT

David Pieris 'A' face Teejay Lanka in MCA 'C' Division Final on Sunday

THE high riding, David Pieris Motor Co. \"A\" will take on the revenge seeking, Teejay Lanka, in the fifth NDB MCA \"C\" division 50-over League / White ball / Coloured Clothing Tournament 2025 Final, on Sunday, 31 August at the MCA grounds, commencing 9:45 a.m.

1 min  |

August 29, 2025

Daily FT

Due process and power: Lessons from arrest of Ranil Wickremesinghe

THE arrest of former President Ranil Wickremesinghe has provoked much debate between his supporters who see it as a case of political victimisation and others who see it as a case of the law now being applied to people who were previously above the law.

2 min  |

August 29, 2025

Daily FT

Hasaranga named in Sri Lanka’s Asia Cup squad

LEG-SPIN all-rounder Wanindu Hasaranga who was forced to miss the ongoing white ball tour of Zimbabwe due to a right hamstring injury has been included in Sri Lanka’s 16-man squad named for next month’s Asia Cup in the UAE.

1 min  |

August 29, 2025

Daily FT

NCPC Sri Lanka launches initiative to scale green and inclusive solutions in tourism sector

THE National Cleaner Production Centre (NCPC) of Sri Lanka, in partnership with Australia’s Market Development Facility (MDF), has officially launched the “Scaling Green Solutions for Tourism Businesses” intervention on 8 July 2025.

1 min  |

August 29, 2025
Daily FT

Daily FT

Govt. identifies national research priorities

New report ‘Research Priorities for Sri Lanka - 2026’ launched Research areas cover agriculture, energy, education, digital transformation, technology, health, industry, tourism and social development Outcome of 26 subject experts, over 100 representatives of 15 State bodies connected to research, development

1 min  |

August 29, 2025

Daily FT

ComBank and Visa to reward global spenders with luxury getaways

THE Commercial Bank of Ceylon, in partnership with Visa, has announced the launch of its Visa International Usage Campaign, a rewarding new promotion that offers cardholders the chance to win unforgettable luxury travel experiences.

1 min  |

August 29, 2025

Daily FT

Hemas opens first Piyawara preschool in plantation sector

THE Hemas Outreach Foundation, dedicated to transforming early childhood education in Sri Lanka, recently opened its first Piyawara preschool in the plantation sector at the Pedro Estate, Nuwara Eliya. The initiative, carried out in partnership with the Plantation Human Development Trust (PHDT) and Kelani Valley Plantations, is part of Hemas’ broader efforts to expand access to quality education for underserved communities.

1 min  |

August 29, 2025
Daily FT

Daily FT

Was Ranil Wickremesinghe target of political witch hunt?

HISTORY was made when 76-year-old Ranil Sriyan Wickremesinghe was arrested by the Sri Lankan Police Criminal Investigation Department (CID) on charges of alleged corruption and misappropriation of public funds amounting to a little over Rs. 16.6 million and produced before the Colombo Fort Magistrate on 22 August 2025.

10+ min  |

August 29, 2025
Daily FT

Daily FT

Yalamanchili appoints Dihan Rodrigo as Country Manager for Sri Lanka and Maldives

YALAMANCHILI Solutions for Payments (YSP), a Singapore based global technology leader in digital payment processing, has announced the appointment of Dihan Rodrigo as Country Manager for Sri Lanka and the Maldives.

1 min  |

August 29, 2025

Daily FT

AFC sets benchmark for SLFRS S1, S2 adoption, reports record results

ALLIANCE Finance Company PLC (AFC) yesterday said it has set a new benchmark in the financial services industry by becoming one of the first institutions in Sri Lanka to fully and voluntarily adopt SLFRS S1 and S2—the local equivalents of the International Sustainability Standards Board’s (ISSB) Global Sustainability Disclosure Standards.

1 min  |

August 29, 2025
Daily FT

Daily FT

From passion to purpose: Anand Ramanathan and rise of Tamil live entertainment in SL

COLOMBO is buzzing. Posters flutter, radio stations loop snippets, and social media is alive with anticipation.

4 min  |

August 29, 2025

Daily FT

Trinity host Thomians at hockey tomorrow

TRINITY College and S. Thomas’ College face off in their much looked forward annual hockey encounter which will take place on 30 August at the Asgiriya Cricket Stadium.

1 min  |

August 29, 2025

Daily FT

ComBank becomes first Sri Lankan bank to cross $ 1 b in market cap

Rings ceremonial bell at Colombo Stock Exchange to celebrate milestone

2 min  |

August 29, 2025

Daily FT

Sri Lanka Rugby AGM rescheduled with fresh nominations to be called

WORKING Task Force (WTF) for Sri Lanka Rugby will hold the Annual General Meeting (AGM) originally scheduled for 9 September has been vacated and a fresh AGM will be convened.

1 min  |

August 29, 2025

Daily FT

HNB strengthens green transport portfolio through Prestige Automobile partnership

HNB PLC, has announced a new partnership with Prestige Automobile Ltd., enabling flexible leasing solutions for the latest range of MAXUS electric and hybrid vehicles, including the MAXUS T90, MIFA 7, and MIFA 9.

1 min  |

August 29, 2025

Daily FT

APB hosts Members' Day 2025 at Cinnamon Lakeside

THE Association of Professional Bankers (APB) hosted its annual Members' Day on 23 August at Cinnamon Lakeside, bringing together senior bankers for an evening of fellowship.

1 min  |

August 29, 2025

Daily FT

Hennayake Bandara receives OPA APEX Award for Professional Excellence

CHARTERED and Certified Management Accountant and Banker Hennayake Bandara was recently bestowed with the most outstanding “APEX Award of the Professional Excellence” in the field of Finance and Banking for his contribution made to his profession and to nation.

1 min  |

August 29, 2025

Daily FT

Enhanced tariff-free access to UK: Relief for apparel industry

THE recent announcement by the UK High Commission that Sri Lankan garment manufacturers will be allowed to source up to 100% of inputs from any country worldwide while maintaining the prevailing tariff-free access to the European state from 2026 onwards would have given a relief and comfort to the apparel industry. The proposed change is quite valuable for the industry because as at present fabrics are predominantly imported from China.

2 min  |

August 29, 2025

Daily FT

Bank of Ceylon launches Entrepreneur Development Program 2025

THE Bank of Ceylon successfully inaugurated the Entrepreneur Development Program (EDP) 2025 on 17 August at its Head Office, reinforcing its “Beyond Banking” vision to empower entrepreneurs and foster sustainable economic growth in Sri Lanka.

1 min  |

August 29, 2025