Newspaper
Daily FT
People's Bank celebrates 64 years of excellence in serving Sri Lanka
PEOPLE'S Bank, a pioneer in Sri Lanka's banking and financial services industry commemorates its 64th anniversary today. Since its establishment, the bank has played a transformative role in extending formal banking services to the wider public, championing financial inclusion across the nation. Today, it continues this legacy by delivering state-of-the-art digital banking solutions that reach even the most remote communities.
2 min |
July 01, 2025
Daily FT
Energy sector governance under scrutiny: Questions mount over policy direction and transparency
SERIOUS questions about governance practices within Sri Lanka's energy sector are emerging, as concerns grow over potential conflicts of interest, policy inconsistencies, and transparency gaps that could undermine the nation's energy security and economic future.
3 min |
July 01, 2025
Daily FT
Udula Wijesinghe shines at Turkish Airlines Stableford Golf 2025
UDULA Wijesinghe was in sparkling form at the Turkish Airlines Stableford Golf 2025 which concluded at the Royal Colombo Golf Club last weekend.
1 min |
July 01, 2025
Daily FT
Heritage Expediciones – Mahiyanganaya FAM trip
HERITAGE Expediciones Ltd., recently embarked on a three-day familiarisation tour to Mahiyanganaya, selecting Keven Casa as their base. The property proved to be a true reflection of Sri Lankan hospitality, offering warm service, comfortable accommodation, and authentic local cuisine that added charm to the overall experience.
1 min |
July 01, 2025
Daily FT
Morality binds and blinds: Applying Haidt's framework to NPP's political psychology – Part 1
The NPP's shift under AKD reveals not just a political turn, but a moral one. Haidt's insights show how movements bound by sacred values can become blind to contradiction. What was reform has become ritual. Logic yields to loyalty; dissent becomes betrayal. In this sanctified echo chamber, betrayal no longer shouts — it whispers. And the faithful, caught in moral trance, mistake it for virtue.
9 min |
July 01, 2025
Daily FT
Clubs to continue winning vein on Day 2
SLC Major Clubs 50-over tournament
1 min |
July 01, 2025
Daily FT
Electricity reforms and CEB restructure: Confusion, conjecture or calmness?
ELECTRICITY reform is an essential element of Sri Lanka's development effort and economic revival.
7 min |
July 01, 2025
Daily FT
Compelling case for smarter VAT solution for exporters
SRI Lanka’s export industries — especially the apparel sector, have long depended on efficient tax mechanisms to remain competitive in global markets. But one persistent bottleneck has threatened that edge for years: the country’s complex and delayed VAT refund process.
4 min |
July 01, 2025
Daily FT
Sri Lanka's Local Government reform: Strategic imperative for progress - Part 1
SRI Lanka's recent Local Government elections marked a pivotal moment in the nation's democratic process, as citizens voted to appoint representatives to municipal councils and Pradeshiya Sabhas. While political negotiations regarding leadership positions at the local level still dominate discussions at the national level, the real focus for Sri Lankans should be on the effectiveness, transparency, and accountability of local governance. Voters expect action on issues such as service delivery, infrastructure, and community welfare areas that have often been neglected.
5 min |
July 01, 2025
Daily FT
TMC partners Softlogic Restaurants to provide unique benefits
Featuring Burger King, Popeyes, Délifrance, Baskin Robbins, and Crystal Jade
1 min |
July 01, 2025
Daily FT
Citrus Leisure culinary team wins big at Sri Lanka's premier Food Expo
IN a resounding victory that celebrates skill, dedication, and the spirit of culinary artistry, Citrus Leisure’s talented chefs made their mark at the Culinary Art Food Expo 2025, Sri Lanka’s most prestigious culinary stage.
1 min |
July 01, 2025
Daily FT
Sri Lanka 'A' cricketers take wing to Australia
Play Australia 'A' in five matches
1 min |
July 01, 2025
Daily FT
Secondary bond market starts off positively; Yields continue to decline
CCPI records negative inflation at -0.6% YoY in June Rupee depreciates
1 min |
July 01, 2025
Daily FT
Addressing SriLankan Airlines' long trail of corruption
THE recent arrest of Nishantha Wickremesinghe, former chairman of SriLankan Airlines and brother-in-law of ex-president Mahinda Rajapaksa, is a long-overdue development that hopefully will be a turning point in addressing the long list of woes of the national carrier. His appointment, despite lacking even a basic General Certificate of Education (Ordinary Level) qualification, symbolises the dangerous cocktail of nepotism, incompetence, and corruption that had wrecked not just the national airline, but much of the country's public institutions.
2 min |
July 01, 2025
Daily FT
TMC Sri Lanka partners Cinnamon Grand Colombo and Mount Lavinia Hotel to enhance member benefits
THE Management Club (TMC) Sri Lanka is a prestigious professional association that brings together individuals from diverse industries with a shared interest in management excellence, leadership development, and business networking.
2 min |
July 01, 2025
Daily FT
Cinnamon Hotels & Resorts pioneers leadership excellence with Indian School of Hospitality
■First-of-its-kind six-month intensive program positions Sri Lanka's leading hospitality brand to cultivate the next generation of General Managers for regional expansion
2 min |
July 01, 2025
Daily FT
India, Sri Lanka CEOs meet in Colombo to deepen ties
INDIAN High Commissioner Santosh Jha yesterday participated in the Confederation of Indian Industry (CII) and Ceylon Chamber of Commerce organised CEOs Roundtable. It witnessed an insightful discussion on forging newer pathways for business collaboration between India and Sri Lanka.
1 min |
July 01, 2025
Daily FT
German firms express confidence in Sri Lanka despite global economic headwinds
GERMAN companies operating in Sri Lanka have expressed a notably optimistic outlook for the year ahead, signalling confidence in the country's economic prospects despite ongoing global economic headwinds according to the Spring 2025 AHK Business Barometer unveiled last week by the Delegation of German Industry and Commerce in Sri Lanka (AHK Sri Lanka).
2 min |
June 30, 2025
Daily FT
COPF flags massive revenue losses from vehicle import valuation practices
THE Committee on Public Finance (CoPF) last week raised serious concerns over how used vehicle imports are being valued, warning that the Government could be losing billions of rupees each year due to outdated Customs practices.
2 min |
June 30, 2025
Daily FT
New National Policy on Research and Development being firmed up
THE Government last week said it has already taken several important steps towards advancing Sri Lanka's Research and Development (R&D) sector.
1 min |
June 30, 2025
Daily FT
Enter the precious ship of entrepreneurship
I was delighted to be the keynote speaker at the first-ever Entrepreneur Seminar held in Kandy last Saturday.
6 min |
June 30, 2025
Daily FT
Getting gaming regulations right: Advocata calls for independence
Says regulators must hold the cards, not Minister | Urges Govt. to reintroduce Gambling Regulatory Bill after public consultation and expert review
2 min |
June 30, 2025
Daily FT
Renewable energy developers slam tariff cuts, urge AKD’s intervention
FRED deeply concerned about 30% cut to feed-in tariffs, warning policy reversals undermine investor confidence and threaten 2030 renewable energy targets | Says tariff revision bypasses legally required PUCSL approval | Urges immediate independent review of feed-in tariffs with science-based reasoning | Highlights 50% tax burden on imported batteries makes projects unviable | Criticises CEB delays in adopting battery storage and frequent solar power curtailments | Claims curtailments breach longstanding PPAs, cause financial distress to developers, with 75% of renewable projects barely profitable or at a loss | Calls on Govt. to monitor CEB operations to avoid energy crisis | Seeks meeting with President, Treasury Secretary and Power Minister to resolve issues
4 min |
June 30, 2025
Daily FT
Ex-Thomas Cook Group Chairman joins JKH Board
FORMER Chairman of Thomas Cook Group Madhavan Menon has been appointed to the Board of John Keells Holdings (JKH) as an Independent Non-Executive Director from 1 July.
1 min |
June 30, 2025
Daily FT
Apparel exports in May to US, UK down
SRI Lanka's apparel exports in May 2025 remained relatively flat with a slight dip of 0.63% compared to the same month last year, totalling $ 365.08 million.
1 min |
June 30, 2025
Daily FT
Entries called for Western Shuttle Blitz 2025
ENTRIES are now being accepted for the WPBA All-Island Open Badminton Championships 2025, popularly known as the 'Western Shuttle Blitz 2025,' which is scheduled to be held from 5 July to 13 July at few key venues in and around Colombo.
1 min |
June 30, 2025
Daily FT
Secondary Bond market yields see-saw; Close down on robust recovery
Rs. 295 b mega Bond auction records bullish outcome despite under-subscription Foreign holdings in Rupee treasuries records net outflow for second consecutive week Money market liquidity increases Rupee appreciates considerably
4 min |
June 30, 2025
Daily FT
Home Lands Golf Classic 2025 at RCGC on 4-5 July
HOME Lands Group has announced the Home Lands Golf Classic 2025, scheduled to take place on 4 and 5 July at the prestigious Royal Colombo Golf Club (RCGC).
1 min |
June 30, 2025
Daily FT
MTI explores how businesses can integrate Gross National Happiness
MTI Consulting recently engaged in an inspiring and thought-provoking dialogue with the Gross National Happiness (GNH) Centre Bhutan, led by CEO Dasho Lhatu.
1 min |
June 30, 2025
Daily FT
Abans and Skechers champion emerging sports with Grand Slam Pickleball sponsorship
AS a company committed to community and social engagement, Abans, the official distributor and retailer for Skechers in Sri Lanka, has taken a significant step to uplift the country’s emerging sporting scene by sponsoring the Skechers Pickleball Grand Slam Tournament, a landmark event that showcases the growing popularity of pickleball in Sri Lanka.
1 min |