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Kanishke appointed to Capital Alliance Holdings Board
Daily FT
|July 28, 2025
CAPITAL Alliance Holdings Ltd., has announced the appointment of Kanishke Mannakkara as a Non-Independent Executive Director.
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Mannakkara is the Group Chief Executive Officer and Chairman of Capital Alliance Investments Ltd. He has over 20 years’ experience in capita
Denne historien er fra July 28, 2025-utgaven av Daily FT.
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FLERE HISTORIER FRA Daily FT
Daily FT
CBSL assures FX distortions will not recur after interbank liquidity restored
THE Central Bank of Sri Lanka yesterday signaled confidence that recent distortions in the foreign exchange market were unlikely to recur after measures taken late last week restored liquidity and trading activity in the interbank market.
5 mins
May 27, 2026
Daily FT
CBSL Chief signals economic resilience and stability priority
Says policy rate raised to protect stability, points to confidence in recovery; Anticipates economy to grow at lower band of 5% projection; Notes economy in far stronger position despite external shocks; 6% inflation forecast for near term; expects temporary rise before easing back to 5% range; Macro outlook revised on macro risks from evolving Mideast tensions
3 mins
May 27, 2026
Daily FT
IMF open to program adjustments amid shocks: CBSL
THE Central Bank Governor Dr. Nandalal Weerasinghe yesterday said the International Monetary Fund (IMF) program provides sufficient flexibility for Sri Lanka to make policy adjustments, including targeted subsidies and revisions to key performance targets, depending on evolving economic conditions.
2 mins
May 27, 2026
Daily FT
People's Bank achieves Rs. 16.6 b PBT in 1Q
Group assets rise to Rs. 4.2 t; Asset quality improves with Stage 3 ratio down to 7.2% and Stage 3 provision coverage up to 50%; Capital and liquidity strengthened via issuance of Rs. 20 b Tier 2 debenture, lifting CAR to 17.9% and maintaining Rupee LCR of 260%; Contribute Rs. 11.9 b in taxes and Rs. 300 m to Rebuild Sri Lanka initiative
3 mins
May 27, 2026
Daily FT
JKH's EBITDA tops Rs. 80 b mark with 75% growth
Says recent investments begin to contribute indicating JKH has crossed an inflection point of moving from capital deployment to cash generation Recurring PBT up 143% to Rs. 35.7 b; bottom line up 155% to Rs. 13 b Group revenue gain by 61% to Rs. 572 b Declares 10 cents final interim dividend per share doubling total to 30 cents in FY26 worth Rs. 4.42 b
3 mins
May 27, 2026
Daily FT
CBSL hikes policy rate by 100 bps to 8.75%
FOR the first time since March 2023, the Monetary Policy Board, at its meeting held on Monday, decided to increase the Overnight Policy Rate (OPR) by 100 bps to 8.75%.
1 mins
May 27, 2026
Daily FT
Customs distorting FX market with Rs. 351 exchange rate for import valuations
MAKING a volatile situation worse, Sri Lanka Customs has maintained the USD exchange rate used for import valuations at Rs. 351.17 for transactions between 25 and 29 May, according to a Customs circular seen by Daily FT, despite the rupee recovering in the interbank market since last Friday.
1 min
May 27, 2026
Daily FT
Cabinet approves ‘‘Surakimu Lanka’’ mission to boost energy security and cut fuel import burden
SRI Lanka is set to roll out a countrywide energy efficiency and demand-management drive after the Cabinet of Ministers on Monday approved the launch of the ‘‘Surakimu Lanka’’ National Energy Security Mission, aimed at reducing vulnerability to global fuel shocks and improving the country’s long-term energy resilience.
1 min
May 27, 2026
Daily FT
Tourist arrivals recover 8% YoY in first 24 days of May, YTD total nears 1 m
Arrivals during first 24 days reach 113,775 YTD visitors decline by 1.2% YoY to 990,032 India largest YTD source at 41%, followed by UK. Russia
1 mins
May 27, 2026
Daily FT
Rupee appreciates 7% against US dollar in three days
THE rupee strengthened against the US dollar for the third consecutive session yesterday.
1 min
May 27, 2026
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