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Newspaper

Daily FT

Daily FT

Vogue Jewellers achieves double recognition at BMPC Awards 2026

VOGUE Jewellers Ltd. has been honoured with two prestigious accolades at the Best Management Practices Company (BMPC) Awards 2026, organised by the Institute of Chartered Professional Managers of Sri Lanka (CPM Sri Lanka).

1 min  |

April 08, 2026
Daily FT

Daily FT

CDB powers success of Motor EV Technology Show 2026

CITIZENS Development Business Finance PLC (CDB) once again played a pivotal role in driving Sri Lanka's transition toward sustainable mobility as the Official Financial Partner of the Motor EV Technology Show 2026, held from 27 to 29 March at the BMICH - Sirimavo Hall.

1 min  |

April 08, 2026
Daily FT

Daily FT

WAMY contributes $ 26,000 to ‘Rebuilding Sri Lanka’ Program

THE World Assembly of Muslim Youth (WAMY), a youth empowerment organisation based in Riyadh, Saudi Arabia, has contributed Saudi Riyals 100,000 (approx.

1 min  |

April 08, 2026
Daily FT

Daily FT

Ruchit Kandage joins SMB Finance Board

SMB Finance PLC has appointed Ruchit Kandage to its Board as an Independent Non-Executive Director.

1 min  |

April 08, 2026
Daily FT

Daily FT

Global turbulence and Sri Lankan capital market: Navigating risks and capturing “Neutrality Premium”

THE global economic landscape is undergoing a period of structural realignment.

2 min  |

April 08, 2026

Daily FT

The Meethotamulla judgment and what it really means: community voices from 2018

THE picture here is from the present-day Meethotamulla garbage dump which collapsed on 14 April 2017, killing 32 people.

6 min  |

April 08, 2026

Daily FT

HSBC revives Australia retail exit plan

HSBC has revived a sale process linked to its Australian retail banking business, but the plan is now centred on offloading the loan portfolio rather than disposing of the entire operation at once, reported The Australian.

1 min  |

April 08, 2026
Daily FT

Daily FT

DFCC Bank's Technovation recognition signals deeper digital banking shift

DFCC Bank bagged a Gold Award for Financial Inclusivity and a Merit Award for Customer Convenience at the recent LankaPay Technovation Awards 2026.

2 min  |

April 08, 2026
Daily FT

Daily FT

Hayleys Mobility unveils Kaiyi Flagship Store in Colombo

HAYLEYS Mobility Ltd., the mobility arm of Hayleys Fentons Ltd., has officially opened its Kaiyi Flagship Store at No. 75 Arnold Ratnayake Mawatha, Colombo 10, offering customers a new, conveniently located destination to explore next-generation mobility solutions.

1 min  |

April 08, 2026

Daily FT

Trinity stuns the nation with World Class Rugby

Royal was exemplary in their game discipline that echoes a reverent message to the Angels of heaven above, to be warned of severe competition from earth below, challenging their piety.

5 min  |

April 08, 2026

Daily FT

When ownership isn’t ownership: How special land regimes undermine property rights

Deeds are a problem; titles are a solution but in a fragmented land system, even titles can fail to protect private ownership.

5 min  |

April 08, 2026
Daily FT

Daily FT

Brilliant but lonely: High IQ alone will never make an effective leader

AFTER fifty-four years in the corporate arena, including four decades in the C-suite and on boards, followed by eight years coaching/mentoring top executives, I have reached a singular, perhaps provocative, conclusion: “You can never be an effective leader without interpersonal skills and emotional intelligence”.

9 min  |

April 08, 2026
Daily FT

Daily FT

Together for health; stand with science

What I have learned about health beyond hospitals

4 min  |

April 08, 2026

Daily FT

HNB partners David Pieris Automobiles to expand GWM vehicle access with exclusive leasing solutions

HATTON National Bank PLC (HNB) has entered into a strategic partnership with David Pieris Automobiles Ltd., to expand access to GWM vehicle ownership in Sri Lanka through attractive leasing solutions, effective 23 February.

1 min  |

April 08, 2026

Daily FT

Uber Eats continues expansion, now in Nuwara Eliya

UBER Eats is now live in Nuwara Eliya, making it easier for locals and tourists to enjoy their favourite meals — from a hot plate of kottu on a chilly evening to a comforting rice and curry spread or crispy egg hoppers — delivered right to their doorstep.

1 min  |

April 08, 2026

Daily FT

Global equity markets cautious while oil holds near $ 110

GLOBAL equity markets traded cautiously on Tuesday, while oil prices held near $110 a barrel as investors remained on edge over the risk of further escalation in the Middle East and an impending deadline for a potential agreement.

1 min  |

April 08, 2026

Daily FT

Browns sparks nationwide consumer excitement with 'Choose EXIDE, Charge Your Luck' campaign

BROWN & Company PLC has rolled out a major nationwide consumer promotion aimed at energising Sri Lanka's automotive battery market while rewarding motorists across the island.

2 min  |

April 08, 2026

Daily FT

Govt. fast-tracks BESS push to manage renewables surge

Cabinet green lights 50 MW BESS and 25 projects of 10 MW/40 MWh single systems

2 min  |

April 07, 2026

Daily FT

National poverty line eases in Feb.

SRI Lanka’s national poverty line increased to Rs. 16,730 per person per month in January, up from Rs. 16,334 a year earlier, before easing to Rs. 16,571 in February, according to official district-level estimates released by the Department of Census and Statistics.

1 min  |

April 07, 2026
Daily FT

Daily FT

Burden-sharing or burden-shifting? The Gulf and the cost of war

In the midst of an escalating confrontation between the United States, Israel, and Iran, a striking proposition has reportedly emerged from Washington: that Arab states—particularly those of the Gulf—should help finance the war effort.

5 min  |

April 07, 2026
Daily FT

Daily FT

Fixing Sri Lanka’s innovation problem: Start with the right problems

SRI Lanka’s innovation narrative stands at a critical crossroads.

4 min  |

April 07, 2026

Daily FT

VAT on digital services delayed again

Analysts charge lopsided playing field gives non-residents 20% price advantage

2 min  |

April 07, 2026

Daily FT

Oil see-saws and tops $ 110

GLOBAL oil prices traded volatile yesterday, briefly surging above $ 110 per barrel after US President Donald Trump threatened to target critical infrastructure in Iran if shipping through the Strait of Hormuz is not restored.

1 min  |

April 07, 2026
Daily FT

Daily FT

President chairs meeting with heads of banks and financial institutions

CBSL Chief Dr. Nandalal Weerasinghe flags high cost for dispensing cash transaction services through ATMs; moots transition to new low-cost measures

1 min  |

April 07, 2026
Daily FT

Daily FT

President urges QR shift to formalise economy, improve subsidy targeting

Says banks’ proactive measures key to behavioural shift; Asserts importance of data-driven policies to boost economic transparency; Highlights integrating culture with digital systems towards $ 15 b digital economy; Digital Economy Deputy Minister Eng. Eranga Weeraratne says initiative can bridge gap by changing both consumer behaviour and transaction patterns; CBSL Governor Dr. Nandalal Weerasinghe believes zero-cost for low-value QR payments, introduction of person-to-person QR payments will boost uptake

4 min  |

April 07, 2026
Daily FT

Daily FT

Rs. 13 b fraud-hit NDB numbs banking sector; CBSL reassures

Banking regulator says 'satisfied' with financial strength of NDB though hit by biggest fraud; Says informed by NDB that fraud could lead to significant loss; no customer accounts, deposits affected

7 min  |

April 07, 2026
Daily FT

Daily FT

Cabinet green lights Rs. 626 m digital public sector communication platform

IN a major step towards public sector digitalisation, the Cabinet of Ministers last week green lighted a Rs. 626 million project to establish a unified 'Digital Communication and Collaboration Platform' for Government employees.

1 min  |

April 07, 2026
Daily FT

Daily FT

CBSL to push bank consolidation if industry moves too slow

Governor Dr. Nandalal Weerasinghe says Govt. backing mergers of smaller State banks with larger counterparts; Private sector banks given timeline to strengthen capital or face consolidation; Foreign bank branches urged to expand beyond niche operations; Regulator stops short of specifying ideal number of banks

2 min  |

April 07, 2026

Daily FT

Secondary Bond yields hold steady

THE secondary Bond market yesterday commenced the week with yields holding broadly steady and consolidating.

1 min  |

April 07, 2026

Daily FT

Banking stocks end in red, sector index declines 0.7%

WHILE the Colombo stock market opened the week in green, most banking stocks declined yesterday, with the sector index declining by 0.7% after National Development Bank PLC shares were suspended from trading on its disclosure of a Rs. 13.2 billion fraud.

1 min  |

April 07, 2026