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Daily FT

Daily FT

Secondary Bond market yields steady ahead of Monetary Policy announcement

Rs. 157.50 b T-Bill auction fully subscribed; longer tenor yields dip

2 min  |

May 22, 2025
Daily FT

Daily FT

Sri Lanka and Bangladesh explore cooperation in ICT, BPO

SRI Lanka High Commissioner to Bangladesh Dharmapala Weerakkody, accompanied by Minister Counsellor/Commerce Srimali Jayarathne held a productive meeting with the President and the Executive Committee members of the Bangladesh Association of Contact Center and Outsourcing (BACCO) Tanvir Ibrahim, on 14 May at the BACCO office in Dhaka.

1 min  |

May 22, 2025
Daily FT

Daily FT

Suryavanshi, 14, impresses again with mature fifty

14-YEAR-OLD Vaibhav Suryavanshi impressed again with 57 in Rajasthan Royals' six-wicket victory over Chennai Super Kings in the Indian Premier League.

1 min  |

May 22, 2025
Daily FT

Daily FT

Huawei's ADN Level 4 solution wins Autonomous Network Operations award

AT FutureNet World 2025 in London, Huawei was honoured as the first vendor to receive the Autonomous Network Operations award, reflecting the growing momentum of Autonomous Networks (AN) in the communications industry.

1 min  |

May 22, 2025
Daily FT

Daily FT

Bank of Ceylon's 14-day housing loan makes homeownership achievable for all Sri Lankans

As Sri Lanka continues to face evolving financial challenges, the dream of owning a home remains one of the most important life goals for many citizens.

5 min  |

May 22, 2025
Daily FT

Daily FT

Leveraging Government-owned land as catalyst for private investment

RETHINKING how local governments manage public assets is as much a moral imperative as it is an economic and financial one.

4 min  |

May 22, 2025

Daily FT

Opposition and control of local bodies

THE Local Authorities elections are done and dusted but the mixed election results have left room for a lot of political deals. For the ruling National People's Power (NPP), the results are a wakeup call while for Opposition parties, it presents future opportunities for taking power but only if they get their act in order.

3 min  |

May 22, 2025

Daily FT

Trade Finance Association of Bankers Cricket Sixes tournament on Saturday

THE stage is set for an action-packed weekend as the Trade Finance Association of Bankers (TFAB) gears up to host its much-anticipated Cricket Sixes tournament, sponsored by SALOTA International Ltd., for the third consecutive time, scheduled to take place on Saturday (24 May) at Thurstan Grounds Colombo 07.

1 min  |

May 22, 2025

Daily FT

NCCSL, DOC seminar on FTAs tomorrow

THE National Chamber of Commerce of Sri Lanka (NCCSL) in collaboration with the Department of Commerce (DOC), will hold an informative session on “Market Access Opportunities under the Free Trade Agreements (FTAs) of Sri Lanka”, tomorrow, 23 May from 9.30 a.m. to 12 p.m. at the National Chamber Auditorium at No. 450, D. R. Wijewardene Mawatha, Colombo 10.

1 min  |

May 22, 2025
Daily FT

Daily FT

Strategic planning session for regional export growth held in Kurunegala

A strategic planning session focusing on current export conditions, regional potential, and the necessary interventions to enhance export development in the North Western and North Central Provinces was held recently at the Kurunegala District Secretariat.

1 min  |

May 22, 2025

Daily FT

Future of HR as a profession and business impact of HR

In an era marked by rapid technological advancement, geopolitical tensions, and economic uncertainty, the role of Human Resources (HR) is undergoing a seismic shift. The Daily FT Guest Columnist Dinesh Weerakkody engages with Prof. Dave Ulrich—renowned as the Father of Modern HR and a celebrated professor—to explore how HR can evolve from a support function to a strategic powerhouse driving value for all stakeholders. Prof. Dave Ulrich is known as the “father of modern HR” and “HR thought leader” of the decade.

2 min  |

May 22, 2025

Daily FT

Global dairy prices soften for the first time in over two months

THE Global Dairy Trade index fell almost a percentage point overnight, the first decline since early March.

1 min  |

May 22, 2025
Daily FT

Daily FT

All political parties and leaders should refrain from extremes and aggression

ALTHOUGH it is not totally uncommon to other developing countries, Sri Lanka is extremely indulged in political and power struggles between political parties and political leaders.

6 min  |

May 22, 2025
Daily FT

Daily FT

Cabinet memorandum sparks hope for contractors

IN a landmark meeting held at the Treasury with the Ministry of Urban Development, Construction, and Housing, stakeholders from the construction industry came together to address pressing concerns.

2 min  |

May 22, 2025

Daily FT

High Commission in Ottawa helps expand imports of Lankan products into Canada

THE Sri Lanka High Commission in Ottawa recently facilitated the expansion of Sri Lankan products imported into the Canadian market by a Toronto-based importer and supplier of food items.

1 min  |

May 22, 2025

Daily FT

ComBank goes east to Vavunathivu for 2nd Agri Modernisation Village program

THE Commercial Bank of Ceylon has chosen Vavunathivu in the Batticaloa District as its second 'Agri Modernisation Village' in Sri Lanka, following the success of the Bank's pilot Agri Modernisation Village program in Mahilankadu in Kilinochchi.

1 min  |

May 22, 2025
Daily FT

Daily FT

Sri Lanka's digital leap: Al, Blockchain, and future of public service

PICTURE this: a Matara farmer checks crop prices on a smartphone, a Colombo clerk pays taxes via a tap, and a Jaffna shopkeeper secures a birth certificate online—all in a day's work. This isn't a distant dream but the promise of “Digital Sri Lanka 2030,” the Government's blueprint to catapult the nation into a digitally empowered future.

5 min  |

May 22, 2025
Daily FT

Daily FT

Big names miss out as Pakistan reveal squad for Bangladesh

A host of big names remain on the outer as Pakistan revealed their squad for their upcoming three-match T20I series at home against Bangladesh.

1 min  |

May 22, 2025
Daily FT

Daily FT

EDB meets newly appointed Heads of Missions of Sri Lanka

■Strengthening diplomatic engagement for export growth

2 min  |

May 22, 2025
Daily FT

Daily FT

Musings from Beijing

GREETINGS from Beijing! My fifth visit to China and this time I am spending more time here. It is the Chinese Academy of Sciences PIFI (President's International Fellowship Initiative) Fellowship that is supporting me in developing research and research collaborations. I sense the position of the Chinese Academy of Science when walking into China as the airport immigration had a special lane for those men and women of sciences - Academicians in China.

6 min  |

May 22, 2025
Daily FT

Daily FT

Ideal Motors appoints Dilani Yatawaka as Group MD/CEO

Creates history in Sri Lanka's automotive industry as first female business leader

1 min  |

May 22, 2025

Daily FT

Self-declaration mechanism to ease tax burden on low-income depositors

Cabinet green lights to amend Inland Revenue Act No. 24 of 2017 to make provision of TIN mandatory for opening all types of bank accounts

1 min  |

May 21, 2025

Daily FT

Ameena Shafi Mohin appointed Director General of Commerce

THE Cabinet of Ministers on Monday approved appointing Ameena Shafi Mohin, the senior-most officer currently serving as the Director of Commerce, to function full time in the post of Director General at the Department of Commerce with immediate effect.

1 min  |

May 21, 2025
Daily FT

Daily FT

Apparel giant NEXT closes Katunayake production plant

UK firm cites increasingly high operating cost at Katunayake as the main reason | UK firm cites increasingly high operating cost at Katunayake as the main reason | Move will lay off 1,416 employees but will be compensated as per Termination of Employment of Workmen (Special Provisions) Act | Katunayake plant has been unprofitable, and despite considerable efforts company has been unable to make it economically viable and closure was after exploring all alternative options Embellishment | Embellishment and product development plants, also based in Katunayake, however will remain operational but with reduced head-count | NEXT will continue with operations at two of its other plants in Andigama and Nawgaththegama as well as Colombo sourcing office and operations

2 min  |

May 21, 2025
Daily FT

Daily FT

AKD appoints Chief Innovation Officer at National Innovation Agency

PRESIDENT Anura Kumara Disanayake has appointed Dr. Muditha Darshana Senarath Yapa as the new Chief Innovation Officer of the National Innovation Agency.

1 min  |

May 21, 2025

Daily FT

Emirates and Dilmah celebrate 33 years together and 33 m cups of tea served

Emirates passengers to receive commemorative gift when travelling on International Tea Day today

2 min  |

May 21, 2025
Daily FT

Daily FT

Committee to investigate irregularities at SriLankan Airlines

New proposals presented by Board to transform SriLankan Airlines under Government ownership

1 min  |

May 21, 2025

Daily FT

Locals pause CSE upward trend but foreigners bullish

THE Colombo stock market yesterday paused its recent upward trend as investor optimism waned amidst low activity though foreigners remained upbeat.

1 min  |

May 21, 2025

Daily FT

Panasian Power commissions two 5MW solar projects

PANASIAN Power PLC announced the successful inauguration of two 5MW ground mounted solar projects on 17 May 2025.

1 min  |

May 21, 2025

Daily FT

Steeped in Legacy, Brewed for the Future: Browns Plantations Sets the Global Benchmark for Ceylon Tea

For over 150 years, Browns Plantations has stood as a proud sentinel of Sri Lanka’s legendary tea heritage. As the world’s leading exporter and producer of Ceylon Tea, the company continues to innovate while staying rooted in tradition. In this exclusive media interview with Wijeya newspaper, Ashan Fernando, Head of Marketing at Browns Plantations, shares bold insights on their strategy, sustainability efforts, market expansion, and what’s brewing next.

7 min  |

May 21, 2025

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