Newspaper
Daily FT
Maersk raises full-year guidance amid volatile external environment
Highlights Q2
2 min |
August 15, 2025
Daily FT
Casinos: Economic imperatives amidst moral/social concerns
THE topic of casinos — a form of gambling — has always been a divisive issue within the Sri Lankan society. Ina country where lottery tickets are sold in every street corner, casinos remain amoral taboo. The media as well as the clergy relate casinos with vices like prostitution and drug trading. Buddhism, the main religion of the island state, views gambling negatively and recognises it as a habit which leads individuals into ruin. The Islamic faith, which too has a considerable following in the country, strictly prohibits gambling.
2 min |
August 15, 2025
Daily FT
Hemal Lokugeegana assumes duties as CEO of HDFC bank with other key appointments
HEMAL Chaminda Lokugeegana has been appointed as the General Manager/CEO of HDFC Bank of Sri Lanka with effect from 14 August, and officially assumed duties at the bank’s Head Office.
2 min |
August 15, 2025
Daily FT
Pulsar N160 dominates sports motorcycle segment in Sri Lanka
THE Bajaj Pulsar N160, marketed and distributed by David Pieris Motor Company Ltd., is now dominating Sri Lankan roads with two models the Pulsar N160 Premium and Pulsar N160 Normal, available at all DPMC showrooms and over 220 dealers islandwide.
2 min |
August 15, 2025
Daily FT
Factors driving growth in global air freight industry
Speed, reliability, and supply chain precision have become cornerstones of global commerce. As businesses operate across borders and customers expect shorter delivery times, the need to move products efficiently across continents has become essential. Air freight isn't just connecting time zones-it's enabling fast, predictable service that modern logistics depend on.
6 min |
August 15, 2025
Daily FT
Global logistics market to reach $20 t by 2033
The global logistics market is projected to grow to $20.1t by 2033, reflecting a compound annual growth rate of 7.3% from 2024 to 2033. According to Allied Market Research's latest study, e-commerce is one of the factors driving demand for faster and more efficient delivery solutions, including last-mile logistics.
1 min |
August 15, 2025
Daily FT
What drives employee loyalty in global logistics companies?
Global logistics is an intense and in-demand industry. Consequently, making employees feel connected to their work and rewarding strong performance are critical forms of outreach to help retain the best employees.
4 min |
August 15, 2025
Daily FT
Cannabis cultivation for export under strict regulations: Cabinet Spokesman
CABINET Spokesman and Minister Dr. Nalinda Jayatissa on Tuesday said Sri Lanka will allow regulated cannabis cultivation within designated export zones for the first time, with production strictly limited to export markets.
1 min |
August 14, 2025
Daily FT
FACETS 2026 to debut at Cinnamon Life, ushering new era for Sri Lanka's gem showcase
SRI Lanka’s premier gem and jewellery showcase, FACETS 2026, is set to return for its 32nd edition from 3 to 5 January 2026, marking a bold new chapter for the internationally acclaimed exhibition.
3 min |
August 14, 2025
Daily FT
Sri Lanka accelerates export reforms as President chairs second EDCM meeting
Announces series of new policy measures and infrastructure initiatives to push towards $ 36 b target by 2030 Reviews progress on 10 priority initiatives; several near completion EDB reports full ITRS rollout for export services, near-finished tariff review for electronics, railway test facility upgrades, cargo scanner installation at Katunayake and higher bank guarantee ceiling for overseas construction from $ 1 m to $ 5 m New measures to expand Freeport to 60 operators, develop Trincomalee Harbour as marine hub, scrap $ 200 OPL levy at Galle and Hambantota Agriculture duty set-offs for poultry, spices, boost gem and jewellery exports, aid tea smallholder replanting Sector reforms include; lift pharma brand limit, remove 18% VAT on packaging, promote renewable energy in high-power exporters Coconut industry target $ 2.5 b exports by 2030 via targeted imports and Northern plantations President orders creation of Investment Facilitation Committee, faster implementation and monthly progress tracking
2 min |
August 14, 2025
Daily FT
Message by the High Commissioner of Pakistan in Sri Lanka Major General (Retd) Faheem Ul Aziz
On the auspicious occasion of the 79th Independence Day of Pakistan, I extend warm greetings and sincere best wishes from the government and people of Pakistan to the government and friendly people of Sri Lanka.
2 min |
August 14, 2025
Daily FT
Trumpeting for tomorrow
The medium to long term future of our jumbo is bleak unless the National Action Plan for Human Elephant Conflict Mitigation (NAP) is immediately implemented, say conservationists who also call for legal reforms and a centralised coordination hub to help injured elephants.
10+ min |
August 14, 2025
Daily FT
Rising sons: Namal Rajapaksa, Sajith Premadasa and the Opposition project
\"...But, if our government changes in the next five years while we are in the process of making this change, then everything we started would be ruined. The next group would do something different. That is why we think that if a government can stay in power for 15, 20 or 25 years. Only then would it be able to take the country forward under one vision, one policy framework.\" - Tilvin Silva, General Secretary, JVP
9 min |
August 14, 2025
Daily FT
Trumpeting Trump's tariff
Exporters agitate
8 min |
August 14, 2025
Daily FT
CRIB covers 81% adult population, delivers 8.9 m credit reports in 2024
Credit Information Bureau of Sri Lanka hosts AGM for 2024 Performance review says 14.8 m people have active credit records Notes 176% surge in self-inquiry reports, reflecting growing public awareness Secures clearance for MSMEs and general public to access credit, providing movable assets as collateral
3 min |
August 14, 2025
Daily FT
Cabinet approves fresh push for Microfinance and Loan Regulation Authority Act
THE Cabinet of Ministers on Monday granted policy approval to introduce the Microfinance and Loan Regulation Authority Act, paving the way for the drafting of a revised bill aimed at strengthening oversight of the microfinance sector.
1 min |
August 14, 2025
Daily FT
US tariff uncertainty disrupts orders, hits non-apparel exporters hardest: CSF survey
US tariffs on Sri Lankan exports have disrupted orders, hitting non-apparel exporters the hardest, according to an August 2025 policy brief by the Centre for a Smart Future (CSF).
2 min |
August 14, 2025
Daily FT
HNB group PAT grows 42% in 1H
Group assets cross Rs. 2.5t Advances growth in Q2 exceeds Rs. 100 b Deposits grow by over Rs. 140 b in Q2 Asset quality continues to improve, with net Stage 3 ratio at 1.59%
2 min |
August 14, 2025
Daily FT
MasterChef Sri Lanka, with renowned chef Peter Kuruvita and AI, set to take global culinary stage by storm
INTERNATIONALLY acclaimed Australian chef and restaurateur Peter Kuruvita envisions MasterChef Sri Lanka as a platform where a multitude of aspiring home cooks will be given a voice, renewed hope, and transformative opportunities. Sri Lanka will garner global interest, culminating in the promotion of tourism and investment through this renowned culinary show.
3 min |
August 14, 2025
Daily FT
Toyota Lanka hosts Regional Product Exposium 2025
TOYOTA Lanka Ltd., the authorised distributor of brand-new Toyota vehicles and a leading name in the automotive industry, successfully hosted the Toyota Regional Product Exposium 2025 at its Head Office in Wattala.
1 min |
August 14, 2025
Daily FT
Sanasa Life Insurance launches app for renewal officers
SANASA Life Insurance continues to enhance its digital footprint with the launch of a new in-house mobile application for renewal officers.
1 min |
August 14, 2025
Daily FT
Indian Navy-Sri Lanka Navy maritime exercise SLINEX-2025
THE 12th Edition of annual Indian Navy (IN) - Sri Lanka Navy (SLN) bilateral maritime exercise SLINEX-2025 is scheduled at Colombo from 14 to 18 August.
2 min |
August 14, 2025
Daily FT
Nations Trust Bank PAT up 10% in 1H 2025, loans grow 26%
NATIONS Trust Bank PLC (NTB) reported a 10% increase in Profit after Tax (PAT) to Rs. 9 billion in 1H 2025, with its loan book expanding by 26%.
1 min |
August 14, 2025
Daily FT
Staten Bar & Grill introduces “All You Can Rib and Beer” – New weeknight dining experience
STATEN Bar & Grill, located on the 23rd floor of Cinnamon Life at City of Dreams, is set to launch a new weekday dining experience that brings together hearty food, a relaxed ambiance, and stunning city views.
1 min |
August 14, 2025
Daily FT
Message from Asif Ali Zardari President of the Islamic Republic of Pakistan
Today, as we celebrate the 78th Independence Anniversary of our beloved homeland, I extend heartfelt congratulations to all Pakistanis at home and abroad.
1 min |
August 14, 2025
Daily FT
Colombo Dockyard delivers "Misje Lily" 5000 DWT Eco Bulk Carrier to Norway
COLOMBO Dockyard PLC (CDPLC) recently delivered the eighth vessel in the 5000 DWT Eco Bulk Carrier series, named “Misje Lily,” to Misje Eco Bulk AS of Norway, marking another milestone in this successful long-term collaboration.
1 min |
August 14, 2025
Daily FT
SDB bank honoured with Banking Sector Merit Award at National Business Excellence Awards 2025
SDB bank has announced its recognition as the recipient of the Banking Sector Merit Award at the prestigious National Business Excellence Awards (NBEA) 2025.
1 min |
August 14, 2025
Daily FT
How inclusive design strategies can transform Sri Lankan banking experience
Sri Lanka’s digital banking market is projected to reach $ 1.21 billion by 2029, but there’s a substantial customer segment that remains largely untapped. Whilst banks focus on attracting tech-savvy millennials, they’re overlooking 1.6 million people with disabilities and 12.3% of the population aged 60 or older, demographics that represent not just social responsibility, but significant revenue potential.
5 min |
August 14, 2025
Daily FT
EDB strengthens global trade network with strategic diplomatic appointments
THE Sri Lanka Export Development Board (EDB) recently held a strategic meeting with 15 newly appointed diplomatic representatives, aimed at strengthening the country's export capabilities and enhancing market penetration across diverse international regions.
1 min |
August 14, 2025
Daily FT
TSHE MBA PROGRAMME LAUNCHES
TO GROOM THE NEXT GENERATION OF INDUSTRY LEADERS
3 min |