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Climate economics must become a priority

Daily FT

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December 15, 2025

A few decades ago, climate change could be spoken of as a distant environmental concern, something to be observed, debated, and perhaps noted in policy papers.

That time has passed.Climate change is real, it is accelerating, and its consequences will be felt across every corner of the world. For small island nations like Sri Lanka, those consequences will arrive earlier, strike harder, and leave deeper scars. The recent Ditwah cyclone is only the latest reminder that we stand on the front lines.

We as a tropical island long accustomed to monsoons and seasonal storms, should theoretically be resilient. For generations, we have weathered nature's rhythms as part of our lived experience. But the ferocity of the recent cyclone, its destructive winds, heavy rains, and unprecedented flooding, exposed a frightening truth that our natural resilience is no longer enough. The scale of the damage reveals a country deeply vulnerable to climate shocks. This is not just a disaster-management issue. It is an existential economic issue.

FLERE HISTORIER FRA Daily FT

Daily FT

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Sri Lanka issues first Digital Nomad Visa

SRI Lanka marked a milestone in its tourism and digital economy journey on Thursday (26) with the ceremonial issuance of its first Digital Nomad Visa (DNV), officially welcoming Ukrainian national Darya Gordiyenko and her spouse Yaroslav Kovalchuk to the island.

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February 28, 2026

Daily FT

Sri Lanka and Finland sign MoU on political consultation mechanism

Hold Second Round of Bilateral Political Consultations in Helsinki

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2 mins

February 28, 2026

Daily FT

Cabinet approves establishing National Housing Operational Committee to address homelessness

THE Cabinet of Ministers on Monday approved the establishment of a National Housing Operational Committee to coordinate and strengthen the country’s housing programs, following findings from the 2024 Population and Housing Census that highlighted a significant number of homeless individuals across Sri Lanka.

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1 min

February 28, 2026

Daily FT

Negative start for apparel exports

Apparel exports slip 2.66% in January, UK market remains stable with marginal increase

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1 min

February 28, 2026

Daily FT

CSE wraps up February in red

THE Colombo stock market turned red to conclude February, with indices closing on a negative note yesterday, though turnover was healthy.

time to read

1 mins

February 28, 2026

Daily FT

Construction sector surges to second highest PMI in January

SRI Lanka's construction activity accelerated sharply at the start of 2026, with the Purchasing Managers’ Index (PMI – Construction) hitting 75 in January, marking the sector’s second-highest performance ever and signaling robust growth momentum.

time to read

1 min

February 28, 2026

Daily FT

Daily FT

Solo Bowl introduces its first dine-in experience in Colombo

SOLO Bowl has unveiled its first-ever dine-in outlet, marking a significant milestone in the brand's growth journey.

time to read

1 min

February 28, 2026

Daily FT

Union Bank hits Rs. 2.2 b PBT and doubles bottom line in 2025

UNION Bank yesterday announced a milestone financial performance for the FY2025, emerging as one of the fastest-growing banks in the country complemented by a standout bottom-line performance with the group Profit Before All Taxes reaching Rs. 2.2 billion and doubling its Profit After Tax (PAT) to Rs. 660 million highlighting the success of its strategic transformation plans.

time to read

1 mins

February 28, 2026

Daily FT

Sri Lanka nears final stage of enabling PayPal inward remittances: Official

SRI Lanka has entered the final stage of enabling inward remittances through PayPal, marking a significant step toward modernising the country’s digital payment ecosystem.

time to read

1 min

February 28, 2026

Daily FT

Over 70 companies to showcase Sri Lanka tourism potential at ITB Berlin 2026

SRI Lanka Tourism Promotion Bureau (SLTPB) will be kicking off its exclusive promotional activities at the ITB 2026, scheduled to be held in Messe, Berlin.

time to read

1 mins

February 28, 2026

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