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AFC and WNPS PLANT forge groundbreaking long term conservation partnership

Daily FT

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October 01, 2025

Build conservation contribution into core products while developing community resilience in the central highlands

AFC and WNPS PLANT forge groundbreaking long term conservation partnership

A new chapter in Sri Lanka's forest restoration journey begins with a landmark partnership between Alliance Finance Company PLC (AFC) and Preserving Land and Nature (Guarantee) Ltd., (PLANT).

Formalised through a recent MoU, this multiyear collaboration integrates sustainability into AFC's core products, supports the planting of 100,000 trees across PLANT sites, and initiates community programs near restoration areas. The first engagement unfolds at Radella Estate in Nuwara Eliya, managed by Talawakelle Tea Estates PLC, where AFC will help establish a forest corridorpart of a 13 km stretch being developed by WNPS PLANT with multiple partners.

This initiative unites finance and conservation in a shared mission to restore native forests, enhance climate resilience, and deliver lasting benefits to local communities. AFC will fund the initial phase and aims to scale efforts over five years, combining ecological recovery with community development, nature education, and inclusive financial strategies to create a replicable model for sustainable restoration.

Radella: From degraded grassland to living forest

FLERE HISTORIER FRA Daily FT

Daily FT

SEC eases Minimum Public Holding rules for listings via Introductions

Says move aimed at boosting market flexibility

time to read

3 mins

January 01, 2026

Daily FT

Govt. unveils National Electricity Policy in push for cost-reflective tariffs, reforms

Energy Ministry invites public consultations on or before 9 January Energy pricing, reforms crucial components of IMF EFF program

time to read

3 mins

January 01, 2026

Daily FT

Right of Reply: BPPE responds to PMAC over water contracts

BUSINESS Promoters & Partners Engineering Ltd., (BPPE) has issued the following Right of Reply to the artide headlined RTI exposes irregularities in SL water contracts involving Chinese SOES-PMAC calls for accountability and urgent probe into unsolicited bids and inflated costs published in the Daily FT on 29 November 2025:

time to read

1 min

January 01, 2026

Daily FT

Daily FT

Gangaramaya Temple City taking shape to be world-class tourist and cultural hub

Rs. 600 m initiative part of Colombo City Tourism Attraction Enhancement Program being implemented in collaboration with Western Province Governor, UDA, and Gangaramaya Temple/ Sri Jinarathana Adyapana Ayathana Palaka Sabhawa 550-seat performance hall, heritage galleries, exhibition spaces, and outdoor recreational areas designed to host cultural performances, educational workshops, and community events

time to read

2 mins

January 01, 2026

Daily FT

Daily FT

Staying competitive by transferring pay risks through performance-based compensation

MY interest in performance-based compensation in Sri Lanka heightened when combating the trickle-down effects of the Global Financial Crisis of 2008 and the end of the civil war in 2009.

time to read

9 mins

January 01, 2026

Daily FT

Sri Lanka needs more than transparency to break the cycle of corruption: University of London Economists

SRI Lanka will not escape another cycle of unsustainable public debt if it relies only on transparency and traditional “good governance” reforms without creating real pressure from actors who can enforce rules in their own interest, senior economists from SOAS University of London warned in Colombo last week.

time to read

9 mins

January 01, 2026

Daily FT

CCPI remains steady in December

HEADLINE inflation, as measured by the year-on-year (YoY) change in the Colombo Consumer Price Index (CCPI), remained steady in December 2025 for the second consecutive month.

time to read

1 mins

January 01, 2026

Daily FT

Daily FT

India doubles financial commitment to 3 housing projects in North and South

INDIAN has announced a doubling of financial commitment to three housing projects in the Northern and Southern Provinces.

time to read

2 mins

January 01, 2026

Daily FT

New CEO at Siyapatha Finance assumes office today

■Veteran Ananda Seneviratne concludes his tenure as Managing Director

time to read

2 mins

January 01, 2026

Daily FT

Daily FT

Rebranding Sri Lanka is a collective responsibility: Booking.com Regional Chief

BOOKING.COM Regional Head for South Asia Santosh Kumar said rebranding Sri Lanka and unlocking its next phase of economic growth will require a collective national effort that goes well beyond Government-led initiatives, stressing that recovery alone is not a long-term strategy for sustainable development.

time to read

2 mins

January 01, 2026

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