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Sri Lanka, Australia sign $ 39 m debt restructuring deal

Daily FT

|

October 28, 2025

SRI Lanka and Australia have signed bilateral agreements to restructure around $ 39 million in outstanding debt, marking another milestone in Sri Lanka's ongoing efforts to restore debt sustainability and strengthen its economic recovery following the Memorandum of Understanding (MoU) reached with the Official Creditor Committee (OCC).

Sri Lanka, Australia sign $ 39 m debt restructuring deal

The signing ceremony took place yesterday at the Finance Ministry, where Treasury Secretary Dr. Harshana Suriyapperuma signed on behalf of the Government of Sri Lanka.

FLERE HISTORIER FRA Daily FT

Daily FT

Daily FT

Remembering eviction of northern Muslims and making commitment to coexistence

IT has been 35 years since the Muslim communities of Sri Lanka’s Northern Province were evicted en masse by the Liberation Tigers of Tamil Eelam (LTTE).

time to read

7 mins

October 29, 2025

Daily FT

CEAT Kelani wins double honours at CNCI Achiever Awards 2025

CEAT Kelani Holdings has been recognised with two prestigious awards at the 2025 CNCI Achiever Awards presented by the Ceylon National Chamber of Industries (CNCI), reaffirming its standing as one of the country’s foremost industrial enterprises.

time to read

2 mins

October 29, 2025

Daily FT

Four new High Courts in Colombo under Anti-Corruption National Action Plan

IN a bid to strengthen the judicial system’ capacity and expedite cases under the Anti-Corruption National Action Plan (2025-2029), the Cabinet of Ministers at their meeting on Monday approved the establishment of four new High Court premises in Colombo.

time to read

1 mins

October 29, 2025

Daily FT

Daily FT

Sysco LABS shines at Mercantile Government Services International Chess Championship 2025

SYSCO LABS' Chess team showcased exceptional skill and teamwork at the Mercantile Government Services International Rating Chess Championship 2025, competing among 85 teams across the Rapid and Blitz events.

time to read

1 min

October 29, 2025

Daily FT

Cabinet clears Bill to regulate container depot operators and amend licensing laws

THE Cabinet of Ministers on Monday approved publishing a new Bill in the Government Gazette and submit the same for Parliament approval.

time to read

1 min

October 29, 2025

Daily FT

SAPRI shaping South Asia‘s future through dialogue and action

THE South Asia Policy and Research Institute (SAPRI) marked its 15th anniversary recently with a bold and timely initiative: a six-part discussion series titled’ Policy Pulse: Youth Voices for South Asia”.

time to read

1 min

October 29, 2025

Daily FT

Daily FT

George Steuart Health honours excellence at Achievers Night 2025

GEORGE Steuart Health Ltd., a pharmaceutical importer in Sri Lanka and the healthcare arm of the George Steuart Group, celebrated the outstanding achievements of its employees and distributors at Achievers Night 2025, held recently in Colombo.

time to read

1 mins

October 29, 2025

Daily FT

Daily FT

“Mother Earth is our Sustenance”

IN remembrance of entrepreneur, philanthropist, and the founder of BAM Holdings Ltd, the late Mr. B. A. Mahipala’s on his 78th birth anniversary, - a total of 1,078 plants were planted at the Maduru Oya Special Forces Camp recently. This included 1,000 Mee plants, 50 Ehela plants, the Netherlands in The Hague. The 1952 National and 28 fruit plants, which were planted in and around the Army SF camp.

time to read

1 min

October 29, 2025

Daily FT

Malaysian women cricketers to tour Sri Lanka

THE Malaysian national women’s team will tour Sri Lanka during October-November to play a five-match T20 series against the Sri Lanka Under-19 national team.

time to read

1 min

October 29, 2025

Daily FT

Browns EV executes Sri Lanka's largest electric vehicle delivery

Over 100 brand-new BAW vehicles handed over to first owners

time to read

2 mins

October 29, 2025

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