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Daily FT

Daily FT

GEW 2025 mobilises Sri Lankan innovators under banner 'Together We Build'

SRI Lanka is set to celebrate Global Entrepreneurship Week (GEW) 2025 from 17 to 23 November, continuing to lead the region in entrepreneurial ecosystem development.

2 min  |

November 11, 2025

Daily FT

SLAITO welcomes Budget, insists on marketing

SLAITO President Nalin Jayasundera welcomes plans to develop domestic airports and resume BIA expansion Welcomes VAT threshold reduction to Rs. 36 m, as move could discourage companies to split operations to avoid taxes Warns infrastructure development alone won't sustain year-round tourism; stresses need for consistent global marketing

2 min  |

November 11, 2025

Daily FT

NCCSL says Budget 2026 step towards re-entering international capital markets by 2028

THE National Chamber of Commerce of Sri Lanka (NCCSL) yesterday said the 2026 Budget represents a key step towards restoring investor confidence, ensuring macroeconomic stability, and reentering international financial markets by 2028.

1 min  |

November 11, 2025

Daily FT

BOC to issue Rs. 10 b Basel III-compliant Sustainability Bonds

Two-tier oversubscription could take offer up to two tranches totalling Rs. 20 b

1 min  |

November 11, 2025

Daily FT

Positive sentiment post-Budget 2026 drives CSE above 23,500 points

THE Colombo stock market began the week with strong upward momentum yesterday with the benchmark index crossing 23,500 points for the very first time driven by positive sentiments after Friday’s 2026 Budget speech delivered by President and Finance Minister Anura Kumara Dissanayake.

1 min  |

November 11, 2025

Daily FT

'Big Bold Brave 2025' Harvard APAC Regional Conference returns to Sri Lanka

Asia-Pacific (APAC) region, the event will unite official alumni organisations of Harvard University in a powerful collaboration to shape the future of ideas and leadership in the region.

2 min  |

November 11, 2025
Daily FT

Daily FT

Leading without trust is akin to building on quicksand

LEADING without trust is like building on quicksand. The unsound foundation makes it unstable and unreliable.

10 min  |

November 11, 2025

Daily FT

hSenidBiz reports robust growth with significant margin expansion

2Q revenue up 23% YoY to Rs. 517 m, new deal closures up 48%

2 min  |

November 11, 2025
Daily FT

Daily FT

Sri Lanka Under-19 Women triumph Malaysia 5-0 in T20 series

SRI Lanka Under-19 women cricketers made a clean 5-0 sweep of the T20 series against touring Malaysia women when they won the fifth and final match played at the Colts grounds yesterday by eight wickets.

1 min  |

November 11, 2025
Daily FT

Daily FT

Secondary Bond market yields dip further

@ Rs. 80 b T-Bond auction in focus @ Rupee appreciates

2 min  |

November 11, 2025

Daily FT

New Anthoney's Farms invests Rs. 500 m more in value-added product range

NEW Anthoney's Group, has announced a Rs. 500 million additional investment to expand its value-added product range, alongside the official launch of its premium product line, Chicken Havens.

2 min  |

November 11, 2025

Daily FT

Myland makes three new Board appointments

MYLAND Developments PLC has appointed Savanth Sebastian and Ravi Goonetilleke to its Board as Independent Non-Executive Directors and Dr. Kanchana Narangoda as an Executive Director.

2 min  |

November 11, 2025

Daily FT

Sysco's global tech leaders visit Sysco LABS Sri Lanka

SYSCO LABS, the Global Innovation Centre for Sysco, recently hosted the company's Global Technology Leadership Team (TLT) for an immersive four-day visit to its Sri Lankan centre.

1 min  |

November 11, 2025

Daily FT

Sri Lanka-Philippines Business Council holds AGM

THE Sri Lanka Philippines Business Council (SLPBC), operating under the patronage of the Ambassador of the Philippine to Sri Lanka (nonresident and based in Dhaka) Madam Nina P. Cainglet, and Hon. Consul General Hugh Sriyal Dissanayake (Vice Patron), held its Annual General Meeting recently.

1 min  |

November 11, 2025
Daily FT

Daily FT

Beyond the facade: A strategic critique of 2026 Budget

GDP ratio peaked at 13.0%, then declined in the 2026 Budget to 12.4%.

3 min  |

November 11, 2025

Daily FT

Sri Lanka's Le Grand Galle celebrated globally with top honours at 2025 LUXE Global Awards

LE Grand Galle has once again positioned Sri Lanka on the global luxury stage, winning three prestigious accolades at the 2025 LUXE Global Awards, held recently in Kuala Lumpur, Malaysia.

2 min  |

November 11, 2025

Daily FT

With dew around, toss likely to play an important part

Sri Lanka v Pakistan 3-match ODI series starts today

3 min  |

November 11, 2025
Daily FT

Daily FT

Econsulate and Xavier Al back SLASSCOM Al Asia Summit 2025 as Strategic Partner

THE Sri Lanka Association for Software and Services Companies (SLASSCOM) has announced Econsulate Ltd., and Xavier Al Ltd., as Strategic Partner for Al Asia Summit 2025, one of the region's most influential platforms advancing Artificial Intelligence (AI) innovation and impact.

2 min  |

November 11, 2025

Daily FT

Sri Lanka signs agreement for Hajj – 2026

SRI Lanka signed the agreement for the 2026 Hajj pilgrimage on Sunday, 09 November, in Jeddah, Saudi Arabia.

1 min  |

November 11, 2025

Daily FT

Silence, support, and the cost of speaking up

THE discussions following the sudden death of chess grandmaster and international chess commentator Daniel Naroditsky have initiated a dialogue on online conduct, cyberbullying, responsibility, and the conditions under which people choose either to speak or remain silent.

6 min  |

November 11, 2025

Daily FT

SLT-Mobitel powers "Techno 2025 – Engineering for a Smart Nation" as Principal Sponsor

SLT-MOBITEL has taken the spotlight as the Principal Sponsor of Techno 2025, the country's most prestigious engineering and technology exhibition which was held at BMICH from 10 to 12 October 2025.

1 min  |

November 11, 2025

Daily FT

Fritz shines on serve to beat Musetti at ATP Finals

Taylor Fritz shone on serve to register his first victory over Lorenzo Musetti in three years and begin his ATP Finals campaign in style.

1 min  |

November 11, 2025

Daily FT

Rebuilding from collapse: From stabilisation to transformation

WHEN the Sri Lankan Government assumed office in 2024, it inherited a country in deep crisis — a state bureaucracy diminished by corruption, mismanagement, and elite capture. Years of short-termism, politicised policy, and neglect of national production had eroded sovereignty and self-reliant development.

7 min  |

November 11, 2025

Daily FT

SLIC General appoints Dr. Sameera Dharmasena as Chief Executive Officer

SRI Lanka Insurance Corporation General Limited (SLIC General) has announced the appointment of Dr. Sameera Dharmasena as the new Chief Executive Officer, effective 1 October.

1 min  |

November 11, 2025
Daily FT

Daily FT

UB Finance appoints Sabry Ghouse as new Chairman

UB Finance PLC has announced the appointment of experienced, veteran banker Sabry Ghouse as Chairman of the Board of Directors with effect from 6 November. He has been serving on the UB Finance PLC Board as Senior Director since November 2021.

1 min  |

November 11, 2025

Daily FT

Eight killed after explosion near Red Fort; shocks Delhi

BBC: An explosion in a car near Delhi’s landmark Red Fort yesterday, which has reportedly killed at least eight people, has put the capital and neighbouring States on high alert.

1 min  |

November 11, 2025

Daily FT

InsureMe expands leadership team with new board appointments

INSUREME has strengthened its leadership with the appointments of Sagara Gamage and Randeewa Malalasoriya as Non-Executive Independent Directors, enhancing the company's governance and strategic direction.

2 min  |

November 11, 2025

Daily FT

Hemas Consumer Brands sets national benchmark as “Overall Winner” at JASTECA Awards 2025

HEMAS Consumer Brands (HCB) was honoured with the prestigious title of \"Overall Winner\" at the JASTECA Awards 2025. This recognition reaffirms HCB's position as a national benchmark in operational excellence (lean management), driven by its influential adoption of Japanese 5S and Kaizen practices.

1 min  |

November 11, 2025

Daily FT

Sri Lanka among global responsible tourism changemakers

THE Global Responsible Tourism Awards conducted by the International Centre for Responsible Tourism ICRT recognised 30 organisations around the world at a sideline event to the World Travel Market in London on 3 November. They had all already won Gold in regional awards held with ICRTs in Latin America, Africa, Europe, the Indian Subcontinent and Southeast Asia.

2 min  |

November 11, 2025
Daily FT

Daily FT

Tourism and economic development

GENERALLY, tourism is one of the world’s major economic sectors. It is the third-largest export category (after fuels and chemicals) and, in 2019, accounted for 7% of global trade. In some countries, it can account for more than 20% of their GDP. For example, Croatia, with a population of 3.9 million, reached a record 26.38 million international visitors in 2024. Its land area is 56,561 sq. km, a little less than Sri Lanka’s. Its stunning Adriatic coastline is the main attraction for visitors.

8 min  |

November 11, 2025