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Daily FT

Daily FT

Heritance Kandalama wins Silver at 2025 ICRT Global Responsible Tourism Awards

HERITANCE Kandalama has once again brought pride to Sri Lanka’s hospitality industry, being recognised on the world stage at the 2025 International Centre for Responsible Tourism (ICRT) Global Responsible Tourism Awards.

1 min  |

November 19, 2025
Daily FT

Daily FT

The National Budget is IMF influenced, so what? Do we have a choice?

CHEERS and jeers welcomed Sri Lanka’s National Budget 2026. This is normal when the country’s ends are many, but the means are limited. Budget promulgations based on important and urgent priorities, as seen by drivers of national policy, will produce winners and losers.

7 min  |

November 19, 2025

Daily FT

Open letter to AKD on Budget 2026, investments and growth optimisation

Good governance activists and former Chairman of the Ceylon Chamber of Commerce Chandra Jayaratne has written an open letter to President and Finance Minister Anura Kumara Dissanayake with several submissions on Budget 2026 and investments and growth optimisation taking account of the sustainable long-term interests of the Government, Sri Lanka and its people.

4 min  |

November 19, 2025

Daily FT

JAT Holdings sustains growth momentum with 14% revenue increase and 16% PBT increase

JAT Holdings PLC, Sri Lanka's leader in wood coatings and a diversified conglomerate in the manufacturing sector, continued its strong performance into the second quarter of FY 2025/26, recording a 14% year on year (YoY) growth in revenue to Rs. 5.15 billion and a 29% increase in gross profit to Rs. 1.8 billion, supported by strategic cost control, product mix optimisation, and efficiencies from its backward vertical integration initiatives.

2 min  |

November 19, 2025
Daily FT

Daily FT

Kachchativu: Time for fresh perspective

RECENTLY, Kachchativu Island has attracted attention not only from fisherfolk of India and Sri Lanka but also from political leaders of both nations and the judiciary. President Anura Kumara Dissanayake’s visit to Kachchativu in September marked a significant milestone. For the first time in history, the leader of Sri Lanka expressed interest in the ongoing debate over the island—an issue settled decades ago after lengthy negotiations. Meanwhile, India’s Chief Justice Surya Kant, who was in Colombo just weeks before his appointment, while not explicitly mentioning Kachchativu or illegal fishing activities by Indian fishers in Sri Lankan waters, emphasised that environmental cooperation is not a matter of charity or diplomacy; it is a necessity for survival.

4 min  |

November 19, 2025

Daily FT

Sri Lanka Design Festival presents “Palmyra Stories from the North”

A celebration of heritage, design, and empowerment, presented by AOD and supported by the Embassy of Switzerland partnership

2 min  |

November 19, 2025
Daily FT

Daily FT

Message from the Principal Sponsor - Aitken Spence Printing & Packaging (Pvt) Ltd

AITKEN Spence Printing & Packaging is honoured to partner with the Sri Lanka Institute of Packaging as the Principal Sponsor of the Global Packaging Congress and the Sri Lanka Packaging Awards 2025. We were especially pleased to sponsor these prestigious events, which brought together officials from the World Packaging Organization (WPO) along with industry leaders around the world.

1 min  |

November 19, 2025

Daily FT

Visa and Commercial Bank pioneer next evolution in digital payments in Sri Lanka by enabling Google Pay for cardholders

COMMERCIAL Bank of Ceylon PLC is making history as the first bank in the country to collaborate with Google and Visa, a global leader in digital payments, to enable Google Pay for its cardholders as part of the Google Wallet launch.

2 min  |

November 19, 2025

Daily FT

Kiffs (Pvt) Limited Honoured for Groundbreaking Braille-Embedded PET Bottle Innovations

KIFFS (Pvt) Limited, a leading name in PET bottle manufacturing, has made headlines after securing two prestigious packaging awards for its pioneering efforts in inclusive design. The company was recognized for its innovative braille-embedded PET bottles, designed to empower visually impaired individuals by enabling them to identify bottle contents through touch.

1 min  |

November 19, 2025

Daily FT

Sri Lanka's first female school Esports athlete bests Mongolia at Asian Youth Games 2025 in Bahrain

SRI Lanka Esports backed by Dialog marked another milestone in its journey as two young athletes represented the nation at the 3rd Asian Youth Games 2025 held in Bahrain.

2 min  |

November 19, 2025

Daily FT

Research Intelligence Unit concludes successful real estate investment forum in London

THE Research Intelligence Unit (RIUNIT) together with the High Commission of Sri Lanka in London held the Sri Lanka Real Estate Investment Forum: London 2025 on Thursday, 30 October at the Sri Lanka High Commission in London.

2 min  |

November 19, 2025

Daily FT

CAPM launches new era of retirement planning for Lankans

THE Corporate Capital Market Ltd., (CAPM) has launched “Retire360”, a comprehensive retirement planning solution designed specifically for Sri Lankans between 35 and 50 who want to actively shape their future.

1 min  |

November 19, 2025

Daily FT

FTZ manufacturers agree on Rs. 3,000 general wage increase for 2026

Increment aligns with new law that raises minimum wage from Rs. 27,000 in 2025 to Rs. 30,000 next year

1 min  |

November 18, 2025
Daily FT

Daily FT

Investment Facilitation Forum bridges Korean innovation with Sri Lankan growth

IN a progressive step toward strengthening bilateral trade and investment cooperation, the Embassy of the Republic of Korea, in collaboration with the Board of Investment (BOI) of Sri Lanka and the Korean Businessmen’s Association, hosted the “Korea-Sri Lanka Investment Facilitation Forum” on 14 November at Courtyard by Marriott, Colombo.

1 min  |

November 18, 2025
Daily FT

Daily FT

Vidullanka buys 30% in SAFE Power for Rs. 225 m

VIDULLANKA PLC yesterday said that it has acquired a 30% equity stake in SAFE Power International Ltd., a company which secured the licenses to develop a 10MW wind power plant in Alankuda in Kalpitiya.

1 min  |

November 18, 2025
Daily FT

Daily FT

Sri Lanka gets $ 300 m ADB boost for economic reforms and tourism

SRI Lanka yesterday finalised three major loan agreements with the Asian Development Bank (ADB) amounting to $ 300 million, strengthening the country's financial sector reforms, macroeconomic stabilisation agenda and long-term tourism development plans.

1 min  |

November 18, 2025
Daily FT

Daily FT

ICC Asia Pacific leaders converge in Singapore for 2nd RCG Meeting 2025

ICC Sri Lanka Chairman Shanil Fernando and Vice Chairperson Stasshani Jayawardena represent Sri Lanka

2 min  |

November 18, 2025
Daily FT

Daily FT

UNDP and Hirdaramani Apparel sign MoU

Initiative to launch next phase of market-oriented home gardens initiative, Partnership builds on previous successes to empower communities and strengthen livelihoods

1 min  |

November 18, 2025

Daily FT

SLT-Mobitel becomes first to achieve fastest 5G speeds exceeding 10Gbps

SLT-MOBITEL Mobile said yesterday it has set a new benchmark in Sri Lanka's digital journey achieving the highest-ever 5G speeds in the country, exceeding 10Gbps recently, on its advanced 5G Standalone (SA) ready network, under TRCSL 5G trial approval.

1 min  |

November 18, 2025
Daily FT

Daily FT

Colombo High Court indicts Keheliya Rambukwella and family

INDICTMENTS have been served before Colombo High Court Judge Mohamed Mihal against former Minister Keheliya Rambukwella, his son Ramith Rambukwella, his daughter Amali Nayanika Rambukwella, and their housemaid Nipunie Krishnajina in connection with two cases filed by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC).

1 min  |

November 18, 2025
Daily FT

Daily FT

David Pieris Logistics acquires Logicare in Rs. 1.3 b deal from Ceylon Tea Brokers

D.P. Logistics Ltd. (DPL), a member of the David Pieris Group of Companies, has entered into a Share Sale and Purchase Agreement for the acquisition of Logicare Ltd. from Ceylon Tea Brokers PLC for an enterprise value of Rs. 1.3 billion.

1 min  |

November 18, 2025
Daily FT

Daily FT

Maya Hive and Ride Colombo bring home nation’s first-ever MarCom award

Triumph for Sri Lanka's creative and event-based tourism sectors

2 min  |

November 18, 2025
Daily FT

Daily FT

Sri Lanka welcomes 2 millionth visitor for 2025

Officials say latest milestone reflects strong tourism momentum heading into 2026, Says Sri Lanka Tourism is set to roll out major PR and digital marketing campaign, supported by free-visa initiative soon

1 min  |

November 18, 2025
Daily FT

Daily FT

Saudi Post issues stamp to mark 50th anniversary of diplomatic relations with SL

SAUDI Post (SPL) has issued a commemorative postal stamp to mark the 50th anniversary of the establishment of diplomatic relations between Sri Lanka and Saudi Arabia

1 min  |

November 18, 2025
Daily FT

Daily FT

RMB Internationalisation Forum 2025 strengthens Sri Lanka-China financial cooperation

THE RMB internationalisation Forum 2025, organised by the Sri Lanka~China Business Council of the Ceylon Chamber of Commerce in collaboration with the Bank of China, was held recently at the Shangri-La Colombo.

2 min  |

November 18, 2025
Daily FT

Daily FT

SLIC General celebrates sales excellence at Annual Awards 2024

RECOGNISING excellence and inspiring further growth, Sri Lanka Insurance Corporation General Ltd. (SLICGL) recently honoured the outstanding achievements of its sales professionals at the prestigious Annual Sales Awards 2024, under the inspiring theme 'Unstoppable Together'.

1 min  |

November 18, 2025

Daily FT

Green Tape powers 10,000th digital tender, driving new era of transparent procurement in SL

Platform has already processed over Rs. 30 b in procurements

2 min  |

November 18, 2025
Daily FT

Daily FT

CoPE flags major delays, cost escalations and governance issues in East Container Terminal project

Discloses contractor claiming over Rs. 4.2 b as compensation due to entire project being delayed by 548 days, Directs SLPA officials to submit comprehensive report detailing all relevant information relating to delay and compensation claims, Examines issues concerning management of SLPA-owned land

2 min  |

November 18, 2025
Daily FT

Daily FT

Rasika Peiris assumes duties as new Commissioner General of Elections

RASIKA Peiris yesterday assumed duties as the New Commissioner General of Elections.

1 min  |

November 18, 2025

Daily FT

Secondary Bond market starts off slow

THE secondary Bond market yesterday kicked off the new trading week on a dull note with activity and transaction volumes seen at subdued levels.

1 min  |

November 18, 2025