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Daily FT

National Business Excellence Awards 2025 celebrates two decades of excellence

THE National Chamber of Commerce of Sri Lanka has announced the successful conclusion of the National Business Excellence Awards (NBEA) 2025, marking a remarkable milestone of 20 years in celebrating and recognising business excellence in the country.

2 min  |

July 29, 2025

Daily FT

Nadun Saputhantri bags award for Architectural Best in Corporate and Commercial Exterior at Nippon Paint Creative Colour Awards 2025

AT the grand finale of the Creative Colour Awards (CCA) 2025 held in Tokyo, Japan, Nadun S. Saputhantri from Sri Lanka bagged the Architectural Best in Corporate And Commercial Exterior award for the Nosh77 Container Restaurant, integrating a palette of grey-green and brown-orange hues with recycled construction materials to camouflage the building with the surrounding vegetation and create harmony with nature.

1 min  |

July 29, 2025
Daily FT

Daily FT

Sri Lanka to play T20 triangular tournament ahead of Zimbabwe tour

To plug gaps in batting and improve fielding standards Sadeera Samarawickrama to be recalled to ODI side

2 min  |

July 29, 2025

Daily FT

President AKD gets State welcome ceremony in Malé

THE official State welcome ceremony for President Anura Kumara Disanayake, who is currently on a State visit to the Maldives, was held yesterday at the Republic Square in the capital city of Malé.

1 min  |

July 29, 2025
Daily FT

Daily FT

Secondary Bond market yields edge up; activity remains muted

Rs. 122 b Treasury Bond auction in focus Rupee depreciates

2 min  |

July 29, 2025

Daily FT

DFCC Bank extends Gold Loan services with highest advance

DEMONSTRATING its continued commitment to inclusive and customer-centric banking, DFCC Bank has officially extended operating hours for its already established Gold Loan services in Trincomalee, Manipai, and Akkaraipattu.

1 min  |

July 29, 2025
Daily FT

Daily FT

First Capital's Mid-Year Outlook Investor Forum 2025 leads dialogue in market strategy and inclusion

FIRST Capital Holdings PLC, a subsidiary of JXG (Janashakthi Group) and a pioneering full-service investment institution, recently concluded its highly anticipated Mid-Year Outlook Investor Forum 2025.

2 min  |

July 29, 2025

Daily FT

Power imbalance and corporate failure

POWER imbalance often occurs when authority is concentrated on a single individual or a few executives, and it is at the heart of corporate mismanagement, corruption, and abuse of power. Concentration of power often restrains diverse perspectives and critical debate. Without input from multiple stakeholders, decisions may be made based on limited information or personal biases. Power imbalances often create fertile ground for corruption, as executives with unchecked authority may prioritise personal gain over the organisation's objectives. Within a culture with a higher power imbalance, employees fear speaking out and whistleblowing, and finally, innovation and collaboration suffer.

4 min  |

July 29, 2025

Daily FT

CBSL promotes digital payments in Dambulla

Launches countrywide campaign themed \"Shaping the Future through Digital Payments

1 min  |

July 29, 2025

Daily FT

Colombo to host Asia International Digital Economy and AI in Finance Summit 2025

THE Asia International Digital Economy and AI in Finance Summit 2025 — featuring the Asian Digital Finance Forum and Awards — will convene global leaders on 23 October, at Port City Colombo to shape the future of inclusive, AI-driven financial systems across Asia through policy, regulation, and technological innovation.

3 min  |

July 29, 2025

Daily FT

Ceylon Chamber to host networking event with new Heads of Lankan missions

THE Ceylon Chamber of Commerce has announced an interactive session with newly appointed Heads of Mission of Sri Lanka — 2025, which will take place on Tuesday, 5 August, from 2:30 p.m. to 4:30 p.m. at the Ground Floor Auditorium of the Ceylon Chamber.

1 min  |

July 29, 2025

Daily FT

People's Bank shines at National Business Excellence Awards 2025

REAFFIRMING its status as a cornerstone of Sri Lanka's banking industry, People's Bank was honoured with five major accolades at the National Business Excellence Awards 2025, presented by the National Chamber of Commerce of Sri Lanka.

2 min  |

July 29, 2025
Daily FT

Daily FT

TRI-ZEN achieves landmark 700 unit handover – largest apartment handover in a single project in Sri Lanka

JOHN Keells Properties (JKP) announced a historic milestone with 700 apartment units successfully handed over to homeowners at TRI-ZEN—marking the largest handover of residential units in a single development in Sri Lanka to date.

1 min  |

July 29, 2025
Daily FT

Daily FT

Reject violence and war, struggle for peace and harmony

I use the term 'struggle' in the title of this article to mean 'work,' and not 'fight.'

4 min  |

July 29, 2025
Daily FT

Daily FT

Celebrating $ 500 million FDI: Drop in the ocean compared to our neighbours

THE Government initially claimed it had secured § 3.8 billion in committed FDI. When questioned by MP Harsha de Silva, this figure was quietly revised down to $ 1.8 billion. Now, it claims that Sri Lanka attracted $ 500 million in FDI in the first half of 2025.

3 min  |

July 29, 2025
Daily FT

Daily FT

P.A.G. Fernando appointed Chief Secretary of Uva Province

PRESIDENT Anura Kumara Disanayake has appointed P.A.G. Fernando as the Chief Secretary of the Uva Province, effective immediately.

1 min  |

July 29, 2025

Daily FT

HNB and Home Lands group unveil enhanced home loan solution

HNB PLC, Sri Lanka's leading private sector retail bank, has further strengthened its partnership with Home Lands Group, Sri Lanka's number one and most trusted real estate provider, to offer an enhanced suite of home loan facilities to aspiring homeowners.

1 min  |

July 29, 2025

Daily FT

Kaushal Silva appointed Hong Kong Head Coach ahead of Asia Cup

KAUSHAL Silva, the former Sri Lanka and SSC cricketer has been appointed Head Coach of Hong Kong men's team ahead of the Asia Cup.

1 min  |

July 29, 2025
Daily FT

Daily FT

Hayleys Electronics opens smart hub in Nugegoda to drive energy and engineering services

HAYLEYS Electronics Ltd., (HEL), part of the Projects and Engineering Sector of Hayleys PLC and a pioneer in engineering accessories and services in Sri Lanka for over 90 years, has unveiled a purpose-built flagship centre at No. 311, High Level Road, Gangodawila, Nugegoda.

1 min  |

July 29, 2025

Daily FT

Resolute India battle out draw in Manchester

DESPITE trailing by 311 heading into the second innings, India managed to secure a draw, courtesy a stellar batting stand between Ravindra Jadeja and Washington Sundar on the last day.

1 min  |

July 29, 2025

Daily FT

RCGC wins Burdett Trophy 2025 beating NEGC

THE Royal Colombo Golf Club (RCGC) stamped their authority with a total score of 7.5 to Nuwara Eliya Golf Club’s (NEGC) 4.5 at the 122nd Burdett Trophy 2025.

1 min  |

July 29, 2025

Daily FT

Former Navy Commander Nishantha Ulugetenne remanded

FORMER Sri Lanka Navy (SLN) Commander Admiral (Retd.) Nishantha Ulugetenne, who was arrested yesterday by the Criminal Investigation Department (CID), has been remanded.

1 min  |

July 29, 2025

Daily FT

Red warrant obtained against Royal Park convict: AG

THE Attorney General (AG) informed the Supreme Court on Sunday that authorities have obtained a red warrant for the arrest of Jude Shramantha Jayamaha, who was sentenced to death in connection with the Royal Park murder case.

1 min  |

July 29, 2025
Daily FT

Daily FT

CSE begins new week on positive note

THE Colombo stack market yesterday began afresh week ona positive note, with improved investor activity.

1 min  |

July 29, 2025

Daily FT

People's Bank CEO/GM Challenge T20 League Tournament successfully concluded in Batticaloa

PEOPLE'S Bank Chief Executive Officer/General Manager Challenge T20 League Tournament 2025 was successfully held at the Koddaimunai Sports Village in Batticaloa, bringing together staff members from across the country in a spirited display of sportsmanship and team unity.

1 min  |

July 29, 2025

Daily FT

Nippon Paint launches new Aqua Proof 7 in 1

WITH the rainy season just around the corner, Nippon Paint Lanka is helping homeowners stay one step ahead of leaks and moisture damage with the launch of its upgraded Aqua Proof 7 in 1 — a high-performance waterproof paint that protects walls and keeps home looking fresh, clean, and beautiful.

1 min  |

July 29, 2025

Daily FT

KPN Cement Lanka introduces ground-breaking Japanese Fly Ash Cement to Sri Lanka

IN a landmark collaboration, KPN Cement Lanka, in partnership with Taiheiyo Cement Corporation Japan—a global leader in innovative cement technologies— announced the launch of Sri Lanka’s first Japanese Fly Ash Cement.

1 min  |

July 29, 2025

Daily FT

First Capital forecasts apparel sector may lose $110-290 m from US tariffs

Warns employment rate could reduce by 11% in apparel sector

1 min  |

July 28, 2025
Daily FT

Daily FT

Tourist arrivals top 1.3 m, but July set to miss monthly goal

YTD arrivals up 4% YoY, but to meet 3 m year-end target, over 1.68 m tourists needed averaging 281,000 monthly. July arrivals lag behind projections, with 145,188 tourists in first 23 days vs. 277,195 visitor target. India leads as top source market with 260,780 YTD visitors followed by UK and Russia; Netherlands showing strong July numbers

1 min  |

July 28, 2025
Daily FT

Daily FT

Global Sri Lankans unite to power investment drive

Global Federation of Sri Lankan Business Councils holds inaugural AGM to mobilise diaspora investment, support economic revival GFSLBC Secretary General Sajeev Rajaputhra outlines core agenda focusing on boosting bilateral ties, attracting diaspora-led investment, serving as bridge between Govt. and global Sri Lankan diaspora Calls on Govt. to engage diaspora as active partners in country’s recovery and development efforts

2 min  |

July 28, 2025