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Daily FT

Daily FT

Ranil says he will step aside if it helps UNP–SJB unity

UNITED National Party (UNP) leader and Ex-President Ranil Wickremesinghe has said he is willing to relinquish the party leadership if his continued presence becomes an obstacle to unity between the UNP and the Samagi Jana Balawegaya (SJB).

1 min  |

December 19, 2025
Daily FT

Daily FT

John Keells Properties of VIMAN Ja-Ela

VIMAN Ja-Ela, the flagship suburban development by John Keells Properties, has officially launched Phase 4, marking the final opportunity to become part of this landmark residential development.

1 min  |

December 19, 2025

Daily FT

Secondary Bond market activity moderates; yields steady

Rupee appreciates marginally

1 min  |

December 19, 2025

Daily FT

GCF Round 2 of Research Grants today

THE Gamani Corea Foundation (GCF) will present Round 2 of the GCF Research Grants Awards on 18 December at the BMICH, marking the second successive grant award scheme conducted by the Foundation.

1 min  |

December 18, 2025
Daily FT

Daily FT

Govt. repatriates 25 Lankans rescued from cybercrime centres in Myanmar

THE Embassy and Permanent Mission of Sri Lanka in Bangkok, in close collaboration with the Sri Lanka Foreign Affairs, Foreign Employment, and Tourism Ministry and the Embassy of Sri Lanka in Myanmar, has successfully facilitated the rescue and repatriation of 25 Sri Lankan nationals who had been trafficked in cybercrime centres in Myawaddy, Myanmar.

1 min  |

December 18, 2025
Daily FT

Daily FT

David Pieris Group expands global footprint with investment in Dubai-based Navire Logistics

THE David Pieris Group continues to strengthen its international presence with the acquisition of 50% ownership in Navire Logistics Services L.L.C, a reputed logistics company based in Dubai and Oman.

1 min  |

December 18, 2025

Daily FT

Sri Lankan players in ILT20 required to return home

SRI Lanka Cricket (SLC) has requested its national players currently participating in the International League T20 (ILT20) tournament in the United Arab Emirates (UAE) to return to the country by 20 December, despite having earlier granted permission for them to compete in the League until early January.

1 min  |

December 18, 2025

Daily FT

Senthilverl exits Maharaja Foods; Yaden enters

HIGH net-worth investor Dr. T. Senthilverl has exited from Maharaja Foods PLC whilst Yaden Capital has entered the company with a 10% stake.

1 min  |

December 18, 2025

Daily FT

WindForce commissions rooftop solar PV project in Maldives

WINDFORCE PLC yesterday announced that the 432.2 kWp rooftop solar photovoltaic (PV) power project at Joy Island, Kassanfushi, Kaafu Atoll Maldives, was successfully commissioned on 13 December.

1 min  |

December 18, 2025
Daily FT

Daily FT

Govt. says Rs. 500 b post-Ditwah spending plan within 2026 borrowing limits

Parliament to consider Rs. 500 b Supplementary Estimate for 2026 at special sitting today Supplementary allocation to increase primary expenditure from Rs. 7.16 t to Rs. 7.66 t Rs. 100 b allocated for housing, Rs. 250 b for infrastructure, Rs. 150 b for livelihoods Finance Deputy Minister Dr. Anil Jayantha Fernando says move well within Govt.'s fiscal space Funding comes from reallocated capital spending, excess revenue, Treasury funds and aid Assures additional spending kept within 2026 debt ceiling of Rs. 3.74 t Projects 5% GDP growth for 2026 Revenue agencies exceed targets by Rs. 400 b, containing budget deficit despite relief spending

3 min  |

December 18, 2025

Daily FT

Govt. confident of securing $ 200 m RFI from IMF

THE Government yesterday expressed confidence in securing $ 200 million from the International Monetary Fund (IMF) under the Rapid Financing Instrument (RFI), as it moves to manage urgent foreign exchange needs following the devastation caused by Cyclone Ditwah, whilst keeping its broader debt restructuring program on track.

2 min  |

December 18, 2025
Daily FT

Daily FT

Budget 2026: Parliament and public deprived of real numbers

THE constitution anticipates that the Sri Lankan Parliament “shall have full control over public finance”.

3 min  |

December 18, 2025
Daily FT

Daily FT

Sri Lanka Ambassador launches Ceylon Biscuits Company products in Saudi Arabia

Sri Lanka's exports to Kingdom of Saudi Arabia achieves 19% growth from January to September 2025; bilateral trade up 9%, CBL-Amalcom collaboration is expected to contribute to a further increase in Sri Lankan exports to Saudi Arabia

2 min  |

December 18, 2025
Daily FT

Daily FT

China extends full support to boost SL's economic, social development

CHINA National People's Congress Standing Committee Vice Chairman Wang Dongming yesterday assured China would extend its full support to Sri Lanka's efforts to rebuild the lives of people and overcome the challenges posed by Cyclone Ditwah.

2 min  |

December 18, 2025

Daily FT

Regen Renewables completes 450 kW solar power project across 47 sites for Colombo District Secretariat

REGEN Renewables Ltd., has successfully completed a 450 kW solar power initiative implemented across 47 community, religious, educational, and public service institutions.

1 min  |

December 18, 2025
Daily FT

Daily FT

SL to hold South Asia's first-ever 3-day 'One Love' reggae music festival in March in Bentota

Unique tribute event to King of Reggae Bob Marley from 27 to 29 March from 5 p.m. at Bentota Beach Six famous international reggae artists including Prince of Reggae Maxi Priest and two sons of Bob Marley — Julian and Ky-Mani to perform Nuwa Sri Lanka hosts packed house media launch to kick off road to festival Sri Lankan-owned One In A Million Entertainment partners Caribbean Entertainment to deliver landmark event Positions Sri Lanka as emerging hub for large-scale international music and lifestyle festivals Proceeds support charity projects in Sri Lanka and Jamaica, linking music with social impact

2 min  |

December 18, 2025

Daily FT

Vallibel's 10 MW solar PV venture goes live in Dolahena Estate

VALLIBEL Power Erathna PLC yesterday said its 10 MW groundmounted solar photovoltaic (PV) project at Dolahena Estate has commenced operations.

1 min  |

December 18, 2025

Daily FT

Looking forward to One Love 2026 festival; going to have a fabulous time: Maxi Priest

CONSIDERED Prince of Reggae music, Maxi Priest on Tuesday declared that he and the other artists are looking forward to being part of the 'One Love' Music Festival in Bentota, Sri Lanka in late March 2026.

1 min  |

December 18, 2025

Daily FT

Global donor conference in January to fund postDitwah recovery

THE Government has decided to convene an international donor conference in January to mobilise additional financial support for the country's post-disaster recovery following Cyclone Ditwah.

1 min  |

December 18, 2025
Daily FT

Daily FT

SEC pushes for infrastructure bonds, SOE listings to fund post-Ditwah rebuild

THE capital market regulator is in discussion with the Finance Ministry on mobilising long-term funding through infrastructure bonds to support large-scale reconstruction following Cyclone Ditwah, SEC Chairman Senior Prof. Hareendra Dissabandara said yesterday.

2 min  |

December 18, 2025

Daily FT

WEBXPAY collaborates with Mastercard, Seylan for Google Pay for online payments

WEBXPAY has announced that Google Pay is now officially live for online payments across all WEBXPAY-powered merchants.

1 min  |

December 18, 2025

Daily FT

National Savings Bank opens exclusive experience “The Premier”

THE National Savings Bank has announced the ceremonial opening of ‘The Premier’, an exclusive premier banking branch created to offer an elevated and personalised banking experience to its valued Premier customers.

1 min  |

December 18, 2025
Daily FT

Daily FT

Sri Lanka Design Festival launches 'Returning Voices: Sri Lanka'

Platform for diaspora leadership and collective impact

3 min  |

December 18, 2025

Daily FT

Secondary Bond market yields continue downward trajectory; shorter tenors rally

@ T-Bill rates hold steady for the 22nd week; auction undersubscribed @ Rupee depreciates

2 min  |

December 18, 2025
Daily FT

Daily FT

Bank of Ceylon is opening largest ever Sustainability Bond Issue to expand green and social lending

Sri Lanka's financial sector is steadily moving toward instruments that meet both economic and developmental goals, especially as the country deepens its focus on environmental stewardship and inclusive growth.

6 min  |

December 18, 2025
Daily FT

Daily FT

UNLEASH-002 to kick off in February 2026

Rise of a Sri Lankan combat sports movement as global combat sports culture accelerates, and corporate partnership opportunities expand

2 min  |

December 18, 2025

Daily FT

EDOTCO secures first independent tower licence in Sri Lanka

EDOTCO Group has become the first independent tower company licenced to operate in Sri Lanka, marking a historic step in the country’s telecommunications sector.

5 min  |

December 18, 2025

Daily FT

Epic Technology Group wins highest number of awards in Asia Pacific region at APICTA 2025

EPIC Technology Group has once again made Sri Lanka proud at the Asia Pacific ICT Alliance (APICTA) Awards 2025, securing the highest number of awards won by any single company in the Asia Pacific region.

2 min  |

December 18, 2025
Daily FT

Daily FT

Revisiting rainwater harvesting as a disaster risk reduction tool

Implementing the National Rainwater Harvesting Policy and relevant legislation is now urgent fo promote rain water harvesting practices across the island as a key disaster risk reduction (DRR) tool, especially in the wake of unprecedented climate change, triggering natural disasters of colossal losses such as the recent Ditwah cyclone. Success stories in rainwater harvesting from sev- eral other Asian counterparts offer cues for us to follow.

4 min  |

December 18, 2025
Daily FT

Daily FT

Sriyani Dress Point donates Rs. 20 m and deploys aid for Cyclone Ditwah victims

SRIYANI Dress Point, one of Sri Lanka's leading fashion retail chains, has stepped forward as a responsible corporate citizen by donating Rs. 20 million to the Government's 'Rebuilding Sri Lanka'

1 min  |

December 18, 2025