Newspaper
Daily FT
IMF pegs 2025 global growth at 3.2%
Warns on looming trade risks, China's weak demand India growth forecast revised up
1 min |
October 16, 2025
Daily FT
AKD orders full use of development funds
PRESIDENT Anura Kumara Disanayake has directed public officials to ensure that all financial allocations for 2025 development projects are fully utilised, warning that returning unspent funds to the Treasury undermines progress and leads to wasteful repetition of incomplete projects.
1 min |
October 16, 2025
Daily FT
Human Rights Watch slams SL's 'ruinous' tax policies
Charges tax policies fuelled crisis and gutted education funding. Says decades of tax giveaways left State starved of revenue, deepened inequality. Urges Govt. to eliminate corporate exemptions, fund education at 4-6% of GDP
2 min |
October 16, 2025
Daily FT
Growth momentum in manufacturing services eases in September
Outlook for manufacturing and services activities over next three months remains positive, ahead of strong year-end festive demand.
1 min |
October 16, 2025
Daily FT
Cybercrime costs Sri Lanka up to $ 1 b a year, ADB estimates
Data Protection Authority Chair Rajeeva Bandaranaike says challenge lies in fostering culture of data privacy and cybersecurity Upcoming data and cybersecurity legislations would lay the groundwork for better governance
1 min |
October 16, 2025
Daily FT
IPS calls for shift from cyclical rebound to structural growth
SRI Lanka must now convert its cyclical post-crisis rebound into a structurally driven growth process, the Institute of Policy Studies (IPS) said yesterday, warning that the country's recovery will hinge on deeper productivity and efficiency gains as external uncertainties persist.
1 min |
October 16, 2025
Daily FT
Colombo Dockyard to proceed with Rights Issue
COLOMBO Dockyard PLC yesterday confirmed it will proceed with the planned Rights Issue after shareholder approval.
1 min |
October 16, 2025
Daily FT
IPS calls for shift from cyclical rebound to structural growth
Says technology, digitalisation can drive faster productivity gains. Warns sustaining growth depends on reforms in land, labour, and trade. Highlights need to balance long-term reforms with short-term social demands.
2 min |
October 16, 2025
Daily FT
LAUGFS Lubricants partners Colombo Motor Show 2025 as Official Lubricant Partner
LAUGFS Lubricants has announced its partnership with the Colombo Motor Show 2025 as the Official Lubricant Partner for the second consecutive year, following the resounding success of last year's collaboration.
1 min |
October 16, 2025
Daily FT
The Steuart by Citrus reopens: Historic gem in heart of Colombo
CITRUS Leisure PLC has announced the reopening of The Steuart by Citrus, following an extensive refurbishment that breathes new life into one of Colombo's most iconic heritage properties.
1 min |
October 16, 2025
Daily FT
Classic Destinations becomes Sri Lanka's first GSTC sustainability certified DMC
CLASSIC Destinations, the registered company of Classic Sri Lanka and Classic Wild, has achieved a milestone by becoming Sri Lanka's first Destination Management Company (DMC) to receive the Global Sustainable Tourism Council (GSTC) Certification, the world's leading standard for sustainable tourism.
1 min |
October 16, 2025
Daily FT
Govt. fast-tracks tourism facilitation ahead of peak season
THE Government has rolled out a series of measures to improve facilities and streamline services for visitors ahead of the upcoming tourist season, with plans to ease visa processing, expand airport capacity, and digitise ticketing at major attractions.
1 min |
October 16, 2025
Daily FT
Priyatha Herath joins MBSL Board
MERCHANT Bank of Sri Lanka and Finance PLC (MBSL) has appointed Priyantha Herath to its Board as an Independent Non-Executive Director.
1 min |
October 16, 2025
Daily FT
Beyond prediction: Rise of explainable AI in financial decision making
FOR decades, financial analysts have relied on a core set of tools and models to assess risk, predict market trends, and guide investment strategies.
4 min |
October 16, 2025
Daily FT
Sampath Bank and Micro Cars collaborate to deliver unmatched benefits on vehicle purchases
SAMPATH Bank PLC entered into a Memorandum of Understanding (MoU) recently with Micro Cars Ltd., at its Head Office, formalising a partnership that brings together exclusive customer benefits and financial solutions designed to make vehicle ownership more accessible and rewarding.
1 min |
October 16, 2025
Daily FT
SINGER FINANCE and Toyota Lanka join forces to make vehicle ownership easier for Sri Lankans
SINGER Finance (Lanka) PLC and Toyota Lanka Ltd. have announced the signing of a Memorandum of Understanding (MoU) to strengthen customers' access to innovative and affordable vehicle financing solutions in Sri Lanka.
1 min |
October 16, 2025
Daily FT
Dr. Asanga Tennakoon appointed new General Manager/CEO of RDB Bank
THE Regional Development Bank (RDB), Sri Lanka's premier state-owned development bank, third largest branch network with 272 branches, has announced the appointment of Dr. Asanga Tennakoon as its new General Manager/Chief Executive Officer, effective from 13 October 2025.
1 min |
October 16, 2025
Daily FT
Hand in hand for better foods and a better future: Partnerships for Sri Lanka’s SDG journey
AS Sri Lanka joins the global community in marking World Food Day 2025 under the theme “Hand in Hand for Better Foods and a Better Future,” the message is clear: achieving food security and nutrition for all requires collaboration that transcends institutional boundaries, sectors, and generations. In a world of increasing shocks and stresses, no single actor can shoulder this responsibility alone.
3 min |
October 16, 2025
Daily FT
NDB Bank partners United Motors Lanka to strengthen passenger and commercial vehicle financing
NDB Bank has signed a Memorandum of Understanding (MoU) with United Motors Lanka PLC (UML).
1 min |
October 16, 2025
Daily FT
Salesforce and OpenAI partner across enterprise work and commerce
World's No. 1 AI CRM will surface directly in ChatGPT New integrations bring OpenAI frontier models and Salesforce into unified experiences across both platforms
3 min |
October 16, 2025
Daily FT
Gaza reprieved, Geneva match-fixed, devolution auctioned, Venezuela targeted
President Trump’s push for peace is indubitably much more positive than negative. Innocent, endearing children are not being blown to bits every hour and hospitals aren’t being bombed. There is hope.
5 min |
October 16, 2025
Daily FT
Hayleys Leisure wins global recognition at 2025 Skål Sustainable Tourism Awards
HAYLEYS Leisure has been awarded the 2025 Skål Sustainable Tourism Award in the category of Accessible Tourism, a recognition that reaffirms the sector's commitment to inclusive and sustainable hospitality practices that create lasting value for both guests and communities.
1 min |
October 16, 2025
Daily FT
PC polls to be held next year under old or new system: Lalkantha
MINISTER K.D. Lalkantha yesterday said the Government will hold Provincial Council (PC) elections next year, either under the existing system or after introducing a new electoral framework.
1 min |
October 16, 2025
Daily FT
Equation simple as Chamari plots Sri Lanka’s semi-final path
Sri Lanka skipper Chamari Athapaththu still hopeful her side can reach semi-finals at Women's World Cup
2 min |
October 16, 2025
Daily FT
Enhancing tax morale in Sri Lanka: Path to sustainable compliance
THIS timeless quote encapsulates the essence of tax morale-the belief that paying taxes is not merely a legal obligation, but a civic duty that upholds the social contract between citizens and the state. In Sri Lanka, where economic recovery and institutional trust are at a critical juncture, enhancing tax morale is not just desirableit is imperative.
7 min |
October 16, 2025
Daily FT
Ranithma, Sanuda and Thisath reach pre-quarter-final stage at Badminton World Junior
SRI Lankan Women’s Singles shuttler Ranithma Liyanage and Men’s Doubles pair Sanuda Ariyasinghe and Thisath Rupathunga advanced to the pre-quarter-final stage following their wins yesterday at the Yonex Sunrise BWF World Junior Badminton Championship 2025, which is currently underway at the National Centre of Excellence in Amingaon, Guwahati in India.
1 min |
October 16, 2025
Daily FT
Virtusa expands technology centre in Sri Lanka with over 200 open roles
Initiative part of global Al-led growth strategy
2 min |
October 16, 2025
Daily FT
Weekly averages remain stable
Secondary Bond market yields steady
1 min |
October 16, 2025
Daily FT
Visa outlines inclusion drive to strengthen Sri Lanka’s digital economy
VISA Sri Lanka Country Manager Avanthi Colombage yesterday said the company is deepening its role in supporting Sri Lanka's digital transformation through major global investments in cybersecurity, enforcement of data standards, and inclusion programs aimed at building trust in digital payments.
2 min |
October 16, 2025
Daily FT
CA Sri Lanka honours Niluka Jayasinghe as Best Entrepreneur 2025 for driving knowledge-based exports
GLOBAL Bookkeeping Solutions Ltd. (GBS) Founder and Managing Director Niluka Jayasinghe, FCA, FCPA, ACCA, FFA, FIPA, BSc (Marketing, USJP) was named CA Sri Lanka Best Entrepreneur 2025 at the 46th National Conference of Chartered Accountants, held on 9 October 2025 at the Monarch Imperial, Sri Jayewardenepura Kotte.
1 min |