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Daily FT

Evergreen Group emerges as the largest tea producing private group

EVERGREEN Group situated in Horangalla, Thalgaswala in Galle district has produced and sold the highest quantity of tea for a group in Sri Lanka in 2025 selling 10,379,568.00 kilos thus establishing it as the largest tea producing private group for the eighth consecutive year.

1 min  |

January 01, 2026

Daily FT

Kapruka says Partner Central project undershoots budget by Rs. 110.7 m

KAPRUKA Holdings PLC yesterday said that its IPO-funded Partner Central e-commerce project was completed well below budget, leaving Rs. 110.7 million unutilised and proposes reallocating the excess funds to working capital, citing in-house development efficiencies, and will seek shareholder approval for the change.

3 min  |

January 01, 2026
Daily FT

Daily FT

T20 World Cup squad to play series against England

Pakistan T20I series to be used to finalise squad DDS to solve Sri Lanka's fifth bowler problem?

3 min  |

January 01, 2026

Daily FT

Government’s local council woes

IT was second time lucky for the ruling National People’s Power (NPP) led Colombo Municipal Council (CMC) when at the second attempt, the Council’s Budget passed by a thin majority.

3 min  |

January 01, 2026

Daily FT

Rankings rejoice for bowlers in Melbourne blitz

A host of fast bowlers who played their part in the rapid Boxing Day Test in Melbourne have made leaps in the latest ICC Men's Player Rankings.

1 min  |

January 01, 2026
Daily FT

Daily FT

Pan Asia Bank puts digital power in every palm

Pan Asia Bank Chief Digital Officer Pradeepan Sivalingam in this interview shares key insights to the Bank’s initiative titled “Digital Power in Every Palm’ and on-going digital transformation thrust.

3 min  |

January 01, 2026
Daily FT

Daily FT

Over Rs. 370 m valued narcotics, 71 persons arrested by Coast Guard in 2025

DURING the year 2025, the Sri Lanka Coast Guard (SLCG), with the assistance of other stakeholders, has taken into custody illegal narcotics worth over Rs. 370 million along with 71 suspects.

1 min  |

January 01, 2026
Daily FT

Daily FT

Tea grower's story: Context for humanity

■2025 was a tough year for tea growers, worse than 2024, yet 2026 will be tougher

9 min  |

January 01, 2026

Daily FT

MAS Athlete Training Academy partners SLIIT to champion athlete education

THE MAS Athlete Training Academy (MATA) has announced a significant step forward in strengthening holistic athlete development with the formalising of a landmark Memorandum of Understanding (MoU) with SLIIT.

3 min  |

January 01, 2026

Daily FT

BOC contributes Rs. 500 m to “Rebuilding Sri Lanka" Fund

BANK of Ceylon (BOC) has contributed Rs. 500 million to the Government's \"Rebuilding Sri Lanka\" Fund to support communities affected by Cyclone Ditwah.

1 min  |

January 01, 2026

Daily FT

CSE ends year on the up; ASPI gains 42% in 2025 and generates Rs. 2.4 t value

THE Colombo stock market yesterday ended 2025 on the up with the ASPI gaining 42% (down from 49.66% in 2024) and generating Rs. 2.4 trillion in value during the year.

1 min  |

January 01, 2026
Daily FT

Daily FT

People’s Bank provides financial assistance to support distressed customers and businesses

PEOPLE'S Bank, one of Sri Lanka’s leading state-owned commercial banks, has taken steps to provide concessions and financial support to strengthen and uplift small and medium-sized businesses (SMBs) affected by the recent Cyclone Ditwah.

3 min  |

January 01, 2026
Daily FT

Daily FT

Former Sri Lanka Under-19 WC cricketer Akshu Fernando dies at 34

FORMER Sri Lanka Under-19 World Cup cricketer Akshu Fernando has passed away at the age of 34 in a career and life cut tragically short.

1 min  |

January 01, 2026

Daily FT

CR-Havelock game tomorrow to spice up Inter-Club 'A' Division Rugby League

THE Inter-Club ‘A’ Division Rugby League 2025/26 moves into Round 1 of Week 6 with two games down for decision tomorrow, with one game each on 3 and 4 January, as the competition gathers momentum midway through the season.

2 min  |

January 01, 2026

Daily FT

Nearly Rs. 5 b disbursed to paddy farmers hit by Cyclone Ditwah

AGRICULTURE and Livestock Deputy Minister Namal Karunaratne yesterday said compensation amounting to Rs. 4,983 million has been paid o 67,460 paddy farmers whose cultivations were damaged by (clone Ditwah.

1 min  |

January 01, 2026

Daily FT

Twenty-six thoughts for 2026: Essentials for excellence

A refreshing 31,557,600 seconds in 2026 are with us.

8 min  |

January 01, 2026

Daily FT

Macksons Tiles Lanka records first ever tile export to Australia

MACKSONS Tiles Lanka Ltd., (Macktiles) has achieved a significant milestone with its first export of tiles to Australia, marking an important step in the company's international expansion and Sri Lanka's growing presence in value-added manufacturing.

1 min  |

January 01, 2026
Daily FT

Daily FT

Weekly T-Bill auction averages rise for 2nd straight week; auction undersubscribed

AT the weekly Treasury Bill auction held yesterday, weighted average yields recorded an upwards movement across the board for a second consecutive week.

1 min  |

January 01, 2026
Daily FT

Daily FT

Marikkar tears into Rs. 500 b Supplementary Estimate

SAMAGI Jana Balawegaya (SJB) MP S.M. Marikkar yesterday tore into the Government's Rs. 500 billion Supplementary Estimate for post-Ditwah recovery in 2026.

1 min  |

December 19, 2025

Daily FT

SSC certainly mean business

SSC certainly means business the way they have launched their campaign to win the Tier B 3-day league and gain promotion next year to the Major Clubs 3-day league.

1 min  |

December 19, 2025
Daily FT

Daily FT

HNB General Insurance wins Gold award in Insurance Sector at National Management Excellence Awards 2025

HNB General Insurance has been crowned the Gold Winner in the Insurance Sector at the National Management Excellence Awards (NMEA) 2025, organised by the Institute of Management of Sri Lanka (IMSL).

2 min  |

December 19, 2025

Daily FT

Sampath Bank announces two-year Rs. 20 b capital raising program

SAMPATH Bank PLC has moved to strengthen its Basel III Tier Il regulatory capital through a proposed Rs. 20 billion listed debenture program, to be implemented in phases over the next two years.

1 min  |

December 19, 2025
Daily FT

Daily FT

Evolution Auto launches Riddara RD6 Active

Auto has officially announced the launch of the Riddara RD6 Active, the country's latest all-electric double-cab pickup, which was unveiled at the prestigious BMICH Motor Show.

2 min  |

December 19, 2025
Daily FT

Daily FT

Tourism levy revenue rises as Govt. pushes unified nation brand and community-centred growth

Tourism Minister Vijitha Herath SRI Lanka's tourism sector is being steered towards a more integrated, communityfocused, and strategically branded future, with revenues from the Tourism Development Levy (TDL) continuing to rise and a renewed policy emphasis on positioning the country under a single national brand, Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath told Parliament.

3 min  |

December 19, 2025
Daily FT

Daily FT

Colombo Shopping Festival 40th edition officially inaugurated

THE 40th edition of Colombo Shopping Festival was has inaugurated by, Aitken Spence Travels Managing Director Nalin Jayasundera with the participation of event partners and exhibitors.

1 min  |

December 19, 2025
Daily FT

Daily FT

HNB strengthens national response to Cyclone Ditwah with Rs. 100 m commitment

HNB PLC has contributed Rs. 100 million towards the Rebuilding Sri Lanka Fund, reinforcing its commitment to national recovery efforts following the devastation caused by Cyclone Ditwah.

1 min  |

December 19, 2025
Daily FT

Daily FT

Economist warns IMF RFI too costly for Sri Lanka

Verité Research Chief warns Sri Lanka poised to repeat past mistakes amid cyclone recovery funding push Argues IMF RFI financing effective rate exceeds 6% and time-based surcharges add further 2.75% after three years IMF Executive Board decides on $ 200 m RFI today

3 min  |

December 19, 2025
Daily FT

Daily FT

Appeals Court clears Home LandsPentara project to proceed

Court refuses injunctions with costs, Home Lands continues with Rs. 30-35 b Pentara Residences construction Notes that Home Lands had obtained all necessary approvals from relevant authorities, and engaged in the construction process for several months Project is largest residential development investment, and Rs. 4.5 b land transaction highest in history of Colombo

3 min  |

December 19, 2025
Daily FT

Daily FT

Rajinikanth saga: From Bengaluru bus conductor to Tamil cinema superstar

FRIDAY, 12 December was a special day for millions of Tamil movie fans. It was the 75th birthday of popular Tamil cinema actor Rajinikanth. The evergreen filmstar has in a film career spanning fifty years, acted in 172 films. He is currently working on his 173rd movie.

10+ min  |

December 19, 2025

Daily FT

Govt. raises about Rs. 10 b from 5G spectrum auction; Dialog, SLT-Mobitel secure licences

THE Government yesterday raised approximately Rs. 10 billion from Sri Lanka's 5G spectrum auction, with Dialog Axiata PLC and SLT-Mobitel, a unit of Sri Lanka Telecom PLC, emerging as the sole bidders and being awarded spectrum licences.

2 min  |

December 19, 2025