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Govt. plans new incentives for agriculture, food and beverage sectors

Daily FT

September 01, 2025

PRESIDENT Anura Kumara Disanayake said that the Government aims to provide incentives, including tax concessions, to the agriculture and food and beverage industries to support export diversification and the development of value-added products, the President's Media Division (PMD) announced on Saturday.

President Disanayake made these remarks at a pre-Budget 2026 meeting with private sector representatives of the agriculture and food and beverage sectors.

He added that the role of governments was to support industries rather than hinder them, and he underscored the necessity of consulting with relevant sectors during the regulation drafting process, ensuring sufficient time is allocated for their execution.

The PMD said the meeting focused on providing facilities for farmers, export growth, tax concessions, recycling, and the legal environment affecting the sector.

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Daily FT

Govt. missing the wood for trees

CABINET Spokesman Minister Dr. Nalinda Jayatissa announced this week that the Government plans to lease 24 bungalows and official residences formerly used by Government Ministers to private investors and international organisations.

2 mins

January 08, 2026

Daily FT

Sri Lankan-born Ray Jayawardhana appointed Caltech's 10th President

DR. Ray Jayawardhana, an accomplished academic leader and renowned astrophysicist who currently serves as provost of Johns Hopkins University, has been named Caltech's next President, the tenth in the Institute's 105-year history.

3 mins

January 08, 2026

Daily FT

Jetwing Saman Villas wins "Best International Hotel for Weddings" at Travel+Leisure India's Best Awards 2025

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1 mins

January 08, 2026

Daily FT

27TH PRESIDENTIAL EXPORT AWARDS PRESENTED TO SRI LANKAN EXPORTERS IN RECOGNITION OF THEIR EXCEPTIONAL CONTRIBUTIONS TO THE EXPORT SECTOR

The Sri Lanka Export Development Board (EDB) successfully concluded the 27th Presidential Export Awards (PEA) Ceremony on Thursday, December 11, 2025, at the Bandaranaike Memorial International Conference Hall (BMICH), under the patronage of Hon.

2 mins

January 08, 2026

Daily FT

Message from the Chairman of the Sri Lanka Export Development Board

As we concluded 2025, it is with immense pride that we reflect on the historic achievements of Sri Lanka's export community celebrated at the 27th Presidential Export Awards Ceremony held on December 11, 2025, at the Bandaranaike Memorial International Conference Hall (BMICH).

1 mins

January 08, 2026

Daily FT

Govt. flags drop in Korean job placement

■Outlines diplomatic push for relief to over 10,000 candidates

3 mins

January 08, 2026

Daily FT

LB Finance recognised at ICSDB 2025 for excellence in sustainability and digital innovation

LB Finance PLC earned distinguished recognition at the 4th International Conference on Sustainable and Digital Business 2025 (ICSDB 2025), organised by the SLIIT Business School on 11 and 12 December 2025 at Waters Edge.

1 min

January 08, 2026

Daily FT

Stock market suffers worst humiliation in 130-year history

Trades and orders up to first 24 minutes cancelled after questionable maiden transactions of newly listed Wealth Trust Securities shares

4 mins

January 08, 2026

Daily FT

Weekly T-Bill auction averages rise for 3rd straight week; Rs. 100 b auction fully subscribed

Secondary Bond market yields drop further; market remains active

2 mins

January 08, 2026

Daily FT

British Sri Lankan Muslim Organisations donate £ 25,000 to rebuilding and disaster recovery efforts

BRITISH Sri Lankan Muslim organisations came together to express their solidarity and commitment to help their motherland and handed over a collective donation of £25,000 (Rs 10.5 Million) towards Sri Lankan Government’s National Rebuilding and Disaster Recovery Initiative, efforts following the severe impact of Cyclone DITWA, Flooding and Landslide.

2 mins

January 08, 2026