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Daily FT

Spain closes airspace to US planes involved in war on Iran

SPAIN has closed its airspace to planes of the US involved in the US-Israel war on Iran, the latest step in the country’s opposition to the conflict.

1 min  |

March 31, 2026

Daily FT

Two-month aviation fuel buffer available: CAASL

Notes supply outlook is set to improve further Says flight disruptions ease to 35% from 60%

2 min  |

March 31, 2026
Daily FT

Daily FT

Inter Plantation Rugby Sevens kicks off on 4 April

THE 24th Inter Plantation Rugby Sevens is set to once again unite the plantation community in a vibrant celebration of sport and camaraderie when it kicks off at Darawela Grounds in Dickoya on 4 April.

1 min  |

March 31, 2026
Daily FT

Daily FT

Secondary Bond yields edge up amid subdued activity

Rs. 90 T-Bill auction in focus

2 min  |

March 31, 2026
Daily FT

Daily FT

New Anthoney’s Farms turning an industry-wide assumption on its head

WALK into any supermarket in Colombo and you will find the shelves lined with chicken marketed as “natural” and “farm-fresh”, or some claiming as zero-antibiotics.

4 min  |

March 31, 2026

Daily FT

Singer Sri Lanka, Kapruka in strategic retail partnership through Partner Central platform

SINGER Sri Lanka PLC (SINS) has officially announced a strategic collaboration with Kapruka Holdings PLC (KPHL) to offer its comprehensive range of consumer electronics and homeware through the Kapruka Partner Centra platform.

2 min  |

March 31, 2026
Daily FT

Daily FT

Taking the ‘smoke’ out of smoking

FOR decades, Governments around the world have tried to reduce smoking by fighting it on every possible front - higher taxes, advertising bans, packaging restrictions, public-place prohibitions and increasingly strict regulation of nicotine products themselves.

3 min  |

March 31, 2026
Daily FT

Daily FT

Hidden truth of Sri Lanka’s debt story: The untold narrative

This article presents a quantitative and critical analysis of the volume, composition, and utilisation of public debt in Sri Lanka during the period 2024-2026.

6 min  |

March 31, 2026
Daily FT

Daily FT

VAT on digital services needs direction

SRI Lanka’s move to extend VAT to digital services supplied by non resident service providers through electronic platforms is one of the most significant tax expansions in recent years.

2 min  |

March 31, 2026

Daily FT

DFCC Bank leadership helps shape dialogue at APB Convention 2026

AS Sri Lanka s banking sector navigates an increasingly complex economic and regulatory landscape, industry platforms that enable thoughtful dialogue have become more important than ever.

2 min  |

March 31, 2026

Daily FT

GMOA to launch 24-hour strike over disputed transfers

THE Government Medical Officers' Association (GMOA) has announced a 24-hour islandwide token strike beginning at 8 a.m. today

1 min  |

March 31, 2026
Daily FT

Daily FT

Colombo Colts edge out Ace Capital CC to win title in tight finish

IN one of the closest finishes in recent times Colombo Colts CC edged out Ace Capital CC by the barest margin of 0.970 points to clinch the Major Club 3-day League title for the seventh time in their long history of 153 years and for the first time in 14 years.

2 min  |

March 31, 2026
Daily FT

Daily FT

Committee orders urgent plan to manage Norochcholai ash amid rising output

THE Sectoral Oversight Committee on Environment, Agriculture and Resource Sustainability has directed officials to immediately prepare an environmentally sustainable plan to dispose of ash generated by the Norochcholai Lakvijaya Power Plant.

1 min  |

March 31, 2026

Daily FT

IASL launches revamped website to better serve insurance ecosystem

THE Insurance Association of Sri Lanka (IASL) has launched its newly revamped official website at www.iasl.lk, reinforcing the Association’s commitment to transparency, accessibility, and industry leadership in an increasingly digital landscape.

1 min  |

March 31, 2026

Daily FT

Water Board mulls cuts

NATIONAL Water Supply and Drainage Board Chairman Chandana Bandara has warned that water supply may need to be restricted for several hours per day over the next two to three weeks due to prevailing dry and drought conditions.

1 min  |

March 31, 2026

Daily FT

Dossiers wins $ 350K+ in Google AI credits to build compliance database for EMs

DOSSIERS, a Sri Lankan compliance technology company, has won over $ 350,000 worth of credits from Google’s Gemini product suite, with an initial $100,000 already awarded, enabling it to expand its proprietary compliance database across South Asia and other emerging markets (EMs).

1 min  |

March 31, 2026

Daily FT

Iran, France hold telephone call to discuss US-Israeli war

TRANIAN Foreign Minister Abbas Araghchi has discussed the security and economic consequences of the US-Israel war on Iran with his French counterpart Jean-Noél Barrot in a telephone call.

1 min  |

March 31, 2026
Daily FT

Daily FT

Vidyajyothi Prof. Rezvi Sheriff no more

WELL known physician and nephrologist Vidyajyothi Prof. Rezvi Sheriff, FRCP, FRACP, FRCPE, FCCP, FNASSL, FSLCGP, passed away yesterday at the age of 77.

1 min  |

March 31, 2026

Daily FT

Middle East war round-up

Lebanon says Israeli attacks kill more than 1,240 The Health Ministry says at least 1,247 people have been killed and 3,680 others wounded since the start of Israel's invasion of southern Lebanon and air strikes on 2March.

2 min  |

March 31, 2026

Daily FT

Asia Siyaka Commodities appoints Chamara Dissanayake CEO, announces new Board additions

ASIA Siyaka Commodities PLC has appointed its Executive Director Chamara Dissanayake CEO with effect from 1 Apri 2026.

2 min  |

March 31, 2026

Daily FT

Freight hike hits exporters

Sea freight costs soar by $ 1,000 to $ 1,500 per container, air freight rates follow suit Major global shipping lines temporarily suspend bookings to and from Gulf region Some cargo bound for ME offloaded at alternative ports, leaving exporters to trace and redirect shipments at own cost JAAF warns of 'catastrophic' fallout if crisis drags on Acknowledges Govt. efforts to prioritise fuel access for exporters, but stresses need to ensure supply to small and medium-sized factories in remote areas Urges to scale up renewable energy in SL, as it risks losing competitiveness amid global buyers favouring sourcing destinations with greener and cheaper energy grids

4 min  |

March 30, 2026

Daily FT

Govt. committee flags inflation risks from insufficient fuel quotas

According to a statement from the President's Office, the Committee for Monitoring the Distribution of Essential Goods, set up in response to the economic shocks from the ongoing Middle East war, met on Saturday to discuss urgent measures.

2 min  |

March 30, 2026

Daily FT

EWIS innovates AI-powered platform to de-risk enterprise legacy modernisation

Solution designed to deliver measurable outcomes by reducing digital transformation risk through simulation-first validation, accelerating modernisation timelines

2 min  |

March 30, 2026

Daily FT

Customs beats target for third straight month

SRI Lanka Customs has exceeded its revenue target for the third consecutive month, reaching the March target ahead of schedule, according to official data.

1 min  |

March 30, 2026

Daily FT

Port City, BOI eye Gulf-linked inflows as CoPF flags delays and policy gaps

THE Colombo Port City Economic Commission and the Board of Investment (BOI) told the Committee on Public Finance (CoPF) that the current Middle East crisis presents an opportunity to attract investment flows to Sri Lanka, particularly from businesses seeking alternative locations in the region.

2 min  |

March 30, 2026
Daily FT

Daily FT

Defender Trophy: Asia-Pacific finalists selected for Global Final in Africa

CHARLES Murray from New Zealand and Ron Ng from Singapore have been named Asia-Pacific winners of Defender Trophy, following two days of intense regional qualification rounds held in the mountainous terrain of Kaohsiung, Taiwan.

2 min  |

March 30, 2026
Daily FT

Daily FT

Secondary Bond market yields fluctuate; close week broadly steady

SECONDARY Bond market last week was characterised by choppy trading conditions and a largely externally driven narrative

3 min  |

March 30, 2026
Daily FT

Daily FT

Suren Rajakarier appointed KPMG Sri Lanka and Maldives Managing Partner

SUREN Rajakarier has assumed duties as Managing Partner of KPMG's member firm in Sri Lanka and its practice in the Republic of Maldives with effect from 1 April 2026.

2 min  |

March 30, 2026

Daily FT

Govt. launches 'Surakimu Lanka' to curb energy demand amid supply risks

THE Government yesterday launched a national program to promote energy conservation, as part of efforts to manage potential risks to fuel and electricity supply arising from the Middle East conflict and weather-related uncertainties.

1 min  |

March 30, 2026
Daily FT

Daily FT

SriLankan Airlines records revenue increase with Al and ML-powered revenue management system

SRILANKAN Airlines has recorded a revenue increase following the implementation of a next-generation, AI and Machine-Learning (ML) powered Origin and Destination (O&D) revenue management platform.

2 min  |

March 30, 2026