Newspaper
Daily FT
Stallion Consultancy acquires ACAP stockbrokers for Rs. 153 m
Manilal Fernando enters SL capital market with ACAP Stockbrokers acquisition Asia Capital divests its 63.77% holdings in ACAP Stockbrokers
1 min |
August 20, 2025
Daily FT
Breaking free from the rat race: Robert Kiyosaki's first-ever 'Cashflow Revolution' in Colombo
COLOMBO made history on Sunday when it hosted the first-ever 'Cashflow Revolution', bringing world-renowned author and entrepreneur Robert Kiyosaki to Sri Lanka for the first time.
2 min |
August 20, 2025
Daily FT
What Karannagoda’s ‘Turning Point’ teaches post-conflict generation
A few years ago, my son Bhanu, born in 2005, sparked a curious conversation when he asked me what I knew about \"Nari.\"
7 min |
August 20, 2025
Daily FT
Maga Engineering secures contract for Central Expressway project packages
THE Cabinet of Ministers on Monday approved the awarding of a contract to Maga Engineering Ltd., the lowest responsive bidder, for three construction packages under stage 1 of part 3 of the Central Expressway Project from Pothuhara to Galagedara.
1 min |
August 20, 2025
Daily FT
Equity market poised for growth as reforms anchor economic outlook
Lynear Wealth Managing Director Dr. Naveen Gunawardane explains why current recovery differs from the past Predicts inflation, interest rates to stabilise with fiscal discipline and no money printing, driving investments to equities Says despite recent rally, equity valuations remain attractive; earnings growth upside 20-25% Past current account surpluses artificial, this time is different Urges Govt. to stick to reforms post IMF program Recommends unit trusts for SL expats who cannot repatriate funds
3 min |
August 20, 2025
Daily FT
Cabinet approves international bids to revive Elephant Pass saltern
THE Cabinet of Ministers at their meeting on Monday approved inviting international investors to revive operations at the Kurunchathivu (Elephant Pass-North) saltern under a publicprivate partnership (PPP) model.
1 min |
August 20, 2025
Daily FT
JAAF welcomes UK's liberalised trade rules of origin for apparel exports
THE Joint Apparel Association Forum (JAAF) said yesterday that it warmly welcomed the UK Government's announcement of liberalised rules of origin under the Developing Countries Trading Scheme (DCTS), which will come into effect in early 2026.
1 min |
August 20, 2025
Daily FT
Parliament passes Gambling Regulatory Authority Bill with amendments
PARLIAMENT yesterday passed the Gambling Regulatory Authority Bill with amendments, paving the way for the creation of an independent body to oversee the country’s gambling sector.
1 min |
August 20, 2025
Daily FT
Bank of Ceylon (UK) celebrates 75th anniversary in London
BANK of Ceylon (UK) Ltd., marked a significant milestone with the celebration of its 75th anniversary recently, at the Milton Suite, Leonardo Royal Hotel London St. Paul’s.
1 min |
August 20, 2025
Daily FT
Secondary Bond market yields hold broadly steady
THE Secondary Bond market yesterday witnessed healthy activity and transaction volumes.
1 min |
August 20, 2025
Daily FT
SVAT to risk-based refunds: Turning point in Sri Lanka's tax policy
AS Sri Lanka stands just weeks away from the abolition of the Simplified VAT (SVAT) scheme on 1 October 2025, the country is preparing to transition to a risk-based VAT refund system. This marks a significant shift in the VAT landscape one that will impact exporters, tax administrators, and the broader economy. While the Inland Revenue Department (IRD) has made efforts to create awareness on the anticipated changes and its impact, the question remains: Are both taxpayers and officials truly ready for this transformation?
8 min |
August 20, 2025
Daily FT
Australia Under-19 Women cricketers to tour Sri Lanka
THE Australian Under-19 Women cricketers will make a six-match tour of Sri Lanka starting next month.
1 min |
August 20, 2025
Daily FT
Pakistan name squad for upcoming Asia Cup
SALMAN Ali Agha will lead Pakistan for the upcoming UAE tri-series and the subsequent Asia Cup also to be played in the UAE.
1 min |
August 20, 2025
Daily FT
Colombo stock market gathers more strength
■ASPI and S&P SL20 set new benchmark highs with banks dominating Rs.10 b turnover
2 min |
August 20, 2025
Daily FT
Softlogic Life GWP grows 29% in 1H 2025 to Rs. 18.7 b
Reports GWP growth of Rs. 4.2 b highest in the industry ■Return on Equity 20%; total benefits and claims reach Rs. 9.4 b ■Says market share expands to 18%
3 min |
August 20, 2025
Daily FT
LAUGFS celebrates 30 years of purpose, progress, and innovation
LAUGFS Holdings Ltd., celebrates a momentous milestone, 30 years of visionary leadership, strategic growth, and impactful transformation across Sri Lanka and beyond.
3 min |
August 20, 2025
Daily FT
Ceylon Golf League tees off Sri Lanka's first-ever franchise tournament in Dec.
SRI Lanka's fairways are about to come alive like never before with the launch of the Ceylon Golf League (CGL), the country's first-ever franchise-format golf tournament.
1 min |
August 20, 2025
Daily FT
Govt. allocates Rs. 1 b to support marriages of youth leaving child care centres
THE Cabinet of Ministers on Monday approved providing financial assistance of Rs. 1 million each to young men and women leaving child development centres, to help them establish stable and secure homes as they prepare for marriage.
1 min |
August 20, 2025
Daily FT
Chichi’s rocket and Harini
PRIME Minister Harini Amarasuriya’s response in Parliament to SLPP MP D.V. Chanaka’s question over the controversial SupremeSAT project — which launched a communication satellite in November 2012 — and subsequent statements by Trade and Commerce Minister Wasantha Samarasinghe caused uproar and once again called into question the credibility of Government leaders’ official remarks.
2 min |
August 20, 2025
Daily FT
State sugar firm to seek investors for two tourism PPPs
IN a bid to boost income of the State-run Pelwatte and Sevanagala sugar factories, which are under Lanka Sugar Ltd., the Cabinet of Ministers on Monday approved calling for expressions of interest (Eols) from private investors to set up two tourism projects under a public-private-partnership (PPP) model.
1 min |
August 20, 2025
Daily FT
EDB engages with Palestinian Ambassador to boost bilateral trade opportunities
THE Sri Lanka Export Development Board (EDB) recently hosted Ambassador of the State of Palestine to Sri Lanka Ihab I.M. Khalil for a courtesy call that aimed at strengthening stronger trade ties and exploring new avenues for bilateral cooperation.
1 min |
August 20, 2025
Daily FT
SLC UNDER-23 INTER-CLUB 2-DAY TOURNAMENT Staunch resistance by Ragama CC deny Colts full points
RAGAMA CC put up staunch resistance in their second innings after being forced to follow-on to deny Colts an outright win in their SLC Under-23 inter-club 2-day match played at Salawa Army ground, Kosgama yesterday.
1 min |
August 20, 2025
Daily FT
People's Leasing & Finance achieves highest-ever disbursement
PEOPLE’S Leasing & Finance PLC (PLC) in a statement yesterday said it has achieved its highest-ever lease and loan disbursement.
1 min |
August 20, 2025
Daily FT
Australian influencers to showcase Sri Lanka’s wonders to millions worldwide
AS part of a renewed effort to position Sri Lanka as a top long-haul destination for Australian travellers, the Sri Lanka Tourism Promotion Bureau (SLTPB) is organising a special influencer familiarisation tour featuring four prominent Australian social media personalities. The group will arrive in Sri Lanka on 20 August and will explore the island until 31 August. This promotional initiative forms part of SLTPB’s ongoing global digital outreach strategy aimed at attracting high-yield tourists through content-driven marketing.
2 min |
August 20, 2025
Daily FT
Seylan Bank and University of Peradeniya empower teenagers with financial literacy
SEYLAN Bank has partnered with the University of Peradeniya as the Official Banking Partner for a nationwide series of workshops aimed at introducing G.C.E. O/L and A/L students to higher education opportunities, career pathways, and enhancing their financial literacy.
1 min |
August 20, 2025
Daily FT
Sri Lanka’s energy crossroads: From crisis to clean powerhouse
A nation running on borrowed power
4 min |
August 20, 2025
Daily FT
Royal Palms Beach Hotel, Kalutara shines again at National Business Excellence Awards 2025
ROYAL Palms Beach Hotel, Kalutara once again proved its place among Sri Lanka’s finest, securing a Merit Award in the Hospitality and Tourism category at the National Business Excellence Awards 2025 (NBEA).
1 min |
August 20, 2025
Daily FT
Building high-performing teams: Converting mystery into reality
IN today’s hyper-competitive landscape, high-performance teams, being those elite units that consistently exceed expectations, are an elusive rarity. What fuels their relentless drive for excellence has been a subject of much discussion. We have been made to believe that there is a mysterious intangible which separates a great team from a good team and that there is an ethereal alchemy of traits and behaviours which combine to produce a binding, collaborative force.
10 min |
August 20, 2025
Daily FT
SLC ropes in Malinga to prepare fast bowlers ahead of Zimbabwe tour
SRI Lanka Cricket (SLC) has roped in former fast bowler Lasith Malinga to join the Sri Lanka squad at practices in preparation for the white ball tour of Zimbabwe starting later this month.
1 min |
August 20, 2025
Daily FT
Kapruka reports 94% YoY improvement in operating performance as platform strategy gains momentum
KAPRUKA Holdings PLC yesterday announced strong financial results for the quarter ended 30 June, with consolidated revenue rising 14% year-on-year (YoY) to Rs. 448.52 million and gross profit increasing 30% to Rs. 171.19 million.
1 min |