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Cyclone Ditwah damages over 3,200 industries

Daily FT

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December 09, 2025

Industry Ministry says figures expected to rise as assessment continues Establishes dedicated online platform, hotline for businesses to submit details of losses, apply for Rs. 200,000 Govt. assistance

Cyclone Ditwah damages over 3,200 industries

OVER 3,200 industries across all categories have so far reported damage from Cyclone Ditwah, according to preliminary data compiled by the Industry Ministry, which stressed that the numbers remain subject to updates as assessments continue.

Industrialists have reported losses across 138 large-scale industries, 718 medium-scale industries, 1,134 small-scale industries, 1,009 micro-scale industries, and 285 export-oriented industries.

FLERE HISTORIER FRA Daily FT

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Axiata sees Sri Lanka emerging as digital investment hub: Group CEO Vivek Sood

AXIATA Group Berhad Group CEO/ Managing Director Vivek Sood said the Malaysian telecoms giant remains committed to Sri Lanka as a long-term strategic investment destination, despite challenges and market exits elsewhere in the region, citing the country’s digital ambitions, talent base and regulatory openness as decisive factors.

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1 mins

December 09, 2025

Daily FT

China trade surplus tops $ 1 t for first time amid pivot to counter US lull

CHINA'S annual trade surplus in goods has topped $1 trillion for the first time, with plunging exports to the United States amid a tariff war more than compensated for by shipments to other markets, new data shows.

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Pathfinder Foundation conducts high-level event on management of public finance

THE Pathfinder Foundation conducted a high-level event, focusing on the theme “Managing Public Finance: The South Asian Experience.”

time to read

1 mins

December 09, 2025

Daily FT

Daily FT

EDB launches fast-track relief to support exporters affected by adverse weather

THE Export Development Board (EDB) has launched a rapid relief and recovery program following the severe impact of adverse weather conditions on Sri Lanka’s export sector.

time to read

1 mins

December 09, 2025

Daily FT

Daily FT

SL draws over 43,000 tourists in first week of December despite Ditwah

THE tourism industry has posted a strong opening week for December, welcoming 43,329 visitors in the first seven days of the month despite the disruptions caused by Cyclone Ditwah, reflecting a 5.2% year-on-year (YoY) increase.

time to read

2 mins

December 09, 2025

Daily FT

Daily FT

Tea industry stands strong as CTTA confirms swift return to normal operations

Notes tea-growing areas in Uva and Central Province experienced some impact; affirms no loss of manufacturing capacity States with majority of plantations and smallholder lands in South of the island, harvesting, manufacturing and transportation activities are continuing as usual Informs Tea Auction previously set for first week of the month has been rescheduled to last week of December Affirms commitment to supply ‘Ceylon Tea’ globally and remain optimistic about future

time to read

2 mins

December 09, 2025

Daily FT

Jetstar to launch Australia's only low-cost direct flights to SL

Flights to commence from Aug. 2026 with fares from just $ 315

time to read

3 mins

December 09, 2025

Daily FT

Nov. national sales average for tea strengthens

Gains seen in High and Low Growns

time to read

1 min

December 09, 2025

Daily FT

Daily FT

Moody's says SL faces significant credit impact from Ditwah

MOODY'S Investors Service has warned that the recent climate-driven natural disasters across South and Southeast Asia pose its most significant credit impact for Sri Lanka because of the country's limited fiscal capacity and high vulnerability to physical climate risks.

time to read

2 mins

December 09, 2025

Daily FT

Daily FT

Cyclone Ditwah damages over 3,200 industries

Industry Ministry says figures expected to rise as assessment continues Establishes dedicated online platform, hotline for businesses to submit details of losses, apply for Rs. 200,000 Govt. assistance

time to read

1 mins

December 09, 2025

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