Newspaper
Daily FT
April fuel bill soars to $ 886 m, up 150% YoY
First four months’ oil bill up 54% YoY to $ 2.16 b
1 min |
June 01, 2026
Daily FT
Tourist arrivals top 1 m mark
IN a remarkable feat for Sri Lanka’s tourism sector, arrivals surpassed the 1 million mark on 28 May, sparking optimism about meeting the ambitious target of 3 million visitors by the end of the year.
1 min |
June 01, 2026
Daily FT
Vehicle imports increase in April
THE vehicle imports bill, including personal and commercial vehicles, expanded to $ 208 million in April from $ 195 million in March.
1 min |
June 01, 2026
Daily FT
Hayleys tops half-trillion revenue milestone
Grows topline by 19% to record Rs. 585 b in FY26 Group pre-tax profit gains 4% to Rs. 38 b; EBITDA by 8% to Rs. 64.82 b Full-year performance boosted by strong 4Q, with revenue up 29% to Rs. 164.62 b and pre-tax profit up 6% to Rs. 13.87 b Says focus remains on building more diversified portfolio through strategic expansion into new segments, markets and customer propositions
3 min |
June 01, 2026
Daily FT
Current account slips into deficit in April
Pushes current account down to $ 532.4 m | Erases cumulative surplus in 1Q, resulting in marginal current account deficit of $ 0.9 m in first four months | Jan.-April trade deficit expands 25.2% YoY as imports outpace exports | Services surplus contracts by 24.3% YoY to $ 1.2 b in first four months.
2 min |
June 01, 2026
Daily FT
Concert economy: Reimagining Sri Lanka tourism's next growth engine
AS global economies evolve, one of the strongest shifts is the rise of the experience economy: people increasingly spend on moments, memories and shared cultural experiences rather than only on products.
10+ min |
June 01, 2026
Daily FT
Colombo inflation spikes in May
YoY inflation accelerates to 5.5% | Impact of domestic energy price escalations owing to Mideast war.
1 min |
June 01, 2026
Daily FT
Nearly half of humanity caught in a global housing crisis
NEARLY 40% of the world’s population — around 3 billion people — are now affected by a global housing crisis marked by soaring costs, housing shortages, poor-quality living conditions and inadequate access to basic urban services such as water and sanitation, according to the latest edition of the World Cities Report released by UN-Habitat.
2 min |
June 01, 2026
Daily FT
Construction sector growth slows in April
THE Sri Lanka Purchasing Managers’ Index for Construction (PMI - Construction), as reflected by the Total Activity Index, declined to 45.7 in April 2026, compared to a value of 57.1 in March, mainly due to the seasonal slowdown associated with the Sinhala and Tamil New Year period.
1 min |
June 01, 2026
Daily FT
PRIME GROUP WINS AT REAL ESTATE ASIA AWARDS 2026
The company continues to earn international recognition for its contribution to Sri Lanka's evolving property sector.
2 min |
June 01, 2026
Daily FT
LOLC Group delivers strong operating growth as diversified platform gains further scale
Gross income reaches Rs. 430 b | Results from operating activities increase by 49% to Rs. 72 b | Total assets exceed Rs. 2.3 t | Total equity increases to Rs. 654 b.
9 min |
June 01, 2026
Daily FT
Build Sri Lanka 2026 Housing and Construction International Exhibition concludes on a resounding note
THE premier Housing and Construction International Exhibition 2026, organised by the Chamber of Construction Industry of Sri Lanka (CCI), was held between 22 and 24 May at the Bandaranaike Memorial International Conference Hall (BMICH).
2 min |
June 01, 2026
Daily FT
Fuel price increases near 50% since February as global oil shock hits Sri Lanka
SRI Lanka on Saturday raised fuel prices for the fifth time since the escalation of the Middle East conflict, as the country grapples with a sharply higher fuel import bill driven by soaring global oil prices and increased import volumes.
1 min |
June 01, 2026
Daily FT
UAE sees double-digit office rent growth in 1Q, retail vacancy tightens: JLL
STRONG market fundamentals cushioned the impact of broader regional uncertainties, driving resilience and sustained growth across prime office and retail segments in both Dubai and Abu Dhabi in the first quarter of 2026, according to JLL's latest Real Estate Market Dynamics report.
2 min |
June 01, 2026
Daily FT
Kohli, bowlers lead RCB to second straight title
Their seam bowlers made superb use of a slightly sticky surface after Rajat Patidar won the toss, restricting Gujarat Titans (GT), who were in their third final in five years of their existence, to 155, the exact same score RCB managed in the league match against the seam team in the same ground on the same pitch No. 6 bang in the middle of the square.
1 min |
June 01, 2026
Daily FT
X-Press Pearl: Justice, accountability, and credibility of Sri Lanka’s institutions
THE Sri Lankan Supreme Court decision ordering Singapore-based X-Press Feeders to pay US$1 billion in interim compensation for the X-Press Pearl disaster has reignited debate over one of the most devastating environmental incidents in Sri Lanka's history.
2 min |
June 01, 2026
Daily FT
China delivers first LNG carrier with domestic cryogenic cargo valves in key localisation breakthrough
China on Friday delivered its first large LNG carrier with a cargo containment system fully fitted with domestically made ultra-low-temperature valves, marking a key breakthrough in the localisation of critical LNG shipbuilding equipment and highlighting the country’s growing strength in high-end vessel manufacturing.
2 min |
June 01, 2026
Daily FT
Ambassador Prasad Kariyawasam elected Chair of Committee on Migrant Workers
FORMER Foreign Secretary Ambassador Prasad Kariyawasam has been elected by acclamation as Chair of the UN Committee on the Protection of the Rights of All Migrant Workers and Members of Their Families (CMW) at the opening segment of the Committee's 42nd session, held on 28 May at the Palais Wilson in Geneva.
1 min |
June 01, 2026
Daily FT
Japan and FAO partner to restore inland fisheries in Ditwah-hit Eastern Province
THE Government of Japan and the Food and Agriculture Organisation of the United Nations (FAO), in partnership with the Government of Sri Lanka, have launched a joint initiative to restore inland fisheries livelihoods and strengthen the resilience of cyclone-affected fishing communities in Sri Lanka’s Eastern Province.
2 min |
June 01, 2026
Daily FT
Macroeconomic stability and reform: Assessing Sri Lanka’s trajectory
A presentation under the topic ‘Current economic environment and way forward in Sri Lanka” organised by The Management Club (TMC) of Colombo was held on 26 May at the Cinnamon Grand Colombo.
5 min |
June 01, 2026
Daily FT
UAE sees double-digit office rent growth in 1Q, retail vacancy tightens: JLL
STRONG market fundamentals cushioned the impact of broader regional uncertainties, driving resilience and sustained growth across prime office and retail segments in both Dubai and Abu Dhabi in the first quarter of 2026, according to JLL’s latest Real Estate Market Dynamics report.
2 min |
June 01, 2026
Daily FT
Embassy of Sri Lanka in Yangon celebrates International Tea Day 2026 with "Experiencing Ceylon Tea"
THE Embassy of Sri Lanka in Yangon, in collaboration with the Sri Lanka Tea board, hosted a “Tea Evening” “Experiencing Ceylon Tea” on 21 May 2026 at the Embassy’ Residence premises to mark International Tea Day 2026, in an exquisitely adorned set up, under the theme “Sustaining Tea, Supporting Communities”.
1 min |
June 01, 2026
Daily FT
People's Bank relocates Udupiddy Service Centre
PEOPLE’S Bank recently inaugurated its Udupiddy Service Centre at a new location.
1 min |
June 01, 2026
Daily FT
Sri Lanka showcases tea heritage and culinary innovation at FAO International Tea Day 2026
THE Sri Lankan Embassy in Rome participated in the observance of International Tea Day 2026, held at the headquarters of the UN Food and Agriculture Organisation (FAO) in Rome on 21 May, showcasing the countrys rich tea culture and culinary creativity.
2 min |
June 01, 2026
Daily FT
EU urges Sri Lanka to reapply for next-generation GSP+
EU Ambassador Carmen Moreno says duty-free access boosted exports, but failed to drive sufficient industrialisation; Calls for full utilisation of market access benefits as export gains have fallen short of potential; Warns reforms and investment attraction critical as competition intensifies from countries such as Indonesia and Vietnam
2 min |
June 01, 2026
Daily FT
ComBank pioneers 3DS authentication for UnionPay cardholders
COMMERCIAL Bank of Ceylon, in its commitment to provide secure and world-class technologies to its customers, has further strengthened the security and convenience of online payments for its UnionPay cardholders by becoming the pioneering financial institution in Sri Lanka and the wider South Asian region to introduce advanced 3-D Secure (3DS 2.x) authentication for UnionPay e-commerce transactions.
2 min |
June 01, 2026
Daily FT
Build Sri Lanka 2026 Housing and Construction International Exhibition concludes on a resounding note
THE premier Housing and Construction International Exhibition 2026, organised by the Chamber of Construction Industry of Sri Lanka (CCI), was held between 22 and 24 May at the Bandaranaike Memorial International Conference Hall (BMICH).
2 min |
June 01, 2026
Daily FT
Ceylon Chamber welcomes IMF review approval, urges continued reform momentum amid external pressures
THE Ceylon Chamber of Commerce has welcomed and commended the Government on the successful completion and approval of the combined Fifth and Sixth Reviews under the International Monetary Fund (IMF) Extended Fund Facility (EFF) program.
1 min |
June 01, 2026
Daily FT
Fuel price..
Under the latest monthly pricing revision effective from 31 May, the State-owned Ceylon Petroleum Corporation (CPC) increased the price of Auto Diesel by Rs. 15 to Rs. 407 per litre and Petrol Octane 92 by Rs. 24 to Rs. 434 per litre.
2 min |
June 01, 2026
Daily FT
Lanka Premier League sixth edition attracts top international talent ahead of player draft
THE Lanka Premier League (LPL) is set for a strong sixth edition, with several leading international and Sri Lankan cricketers confirmed as pre-signed players ahead of the official player draft, scheduled to take place today (1) in Colombo.
2 min |