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Acorn Group honoured for HR excellence in Hospitality, Tourism and Leisure sector

Daily FT

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December 29, 2025

ACORN Group has been recognised as the winner in the Hospitality, Tourism, and Leisure sector at The Great HR Awards, organised by the Chartered Institute of Personnel Management (CIPM) Sri Lanka in collaboration with Mercer.

The award highlights the Group's unwavering commitment to progressive, people-centric human resource management.The ceremony was held on 25 November 2025 at Cinnamon Life, attended by Chief Guest Central Bank of Sri Lanka Governor Dr. Nandalal Weerasinghe, and Guest of Honour Director General of Labour Nadeeka Wataliyadda. A number of reputed organisations from across the country competed in multiple categories, including Excellence Awards, Commendations, Category Awards, and Sector Awards. All su

MEER VERHALEN VAN Daily FT

Daily FT

New casino entry levy, betting and gaming taxes come into effect

THE Inland Revenue Department (IRD) has announced that a series of tax increases on Sri Lanka's betting and gaming sector came into effect from 1 January, following amendments to the Betting and Gaming Levy Act, No. 40 of 1988, under the Betting and Gaming Levy (Amendment) Act, No. 25 of 2025.

time to read

1 min

January 05, 2026

Daily FT

Daily FT

Thushan Amarasuriya appointed Singer Finance Managing Director

SINGER Finance (Lanka) PLC has announced the appointment of Thushan Amarasuriya as the Managing Director with effect from 1 January 2026.

time to read

1 min

January 05, 2026

Daily FT

FACETS Sri Lanka 2026 ushers next phase of growth for gem and jewellery industry

FACETS Sri Lanka 2026 was officially inaugurated on Saturday at Cinnamon Life at City of Dreams, marking a significant milestone for Asia's premier gem and jewellery exhibition.

time to read

2 mins

January 05, 2026

Daily FT

JVP condemns US military aggression against Venezuela

THE National People's Power (NPP) Government's main constituent party, the Janatha Vimukthi Peramuna (JVP) yesterday issued a statement condemning what it described as military aggression by the US against Venezuela, asserting that the sovereignty of the Latin American nation and the right of its people to determine their leadership must not be violated, according to a press release issued by its Political Bureau.

time to read

2 mins

January 05, 2026

Daily FT

Daily FT

Private sector lending rates increase as FD returns fall

PRIVATE sector lending rates remained elevated in 2025 as demand for credit improved even as returns on bank fixed deposits declined in line with benchmark Treasury Bill rates.

time to read

2 mins

January 05, 2026

Daily FT

Three Trinitians in SL Under-19 Cricket WC squad

THREE Trinitians who represented Sri Lanka at the Asia Cup 2025 last month found their places in the 2026 ICC Under-19 World Cup which is currently taking place in Namibia and Zimbabwe.

time to read

1 min

January 05, 2026

Daily FT

India to play additional T20ls in support of Cyclone Ditwah victims

INDIA has agreed to play two additional Twenty20 International matches during the Sri Lanka tour in August as part of an effort to support the welfare efforts of the people affected by the Ditwah cyclone.

time to read

1 min

January 05, 2026

Daily FT

Independent Adviser tells Serendib Land shareholders to reject Senthilverl Mandatory Offer

SERENDIB Land PLC's Board of Directors has rejected the Mandatory Offer made by Senthilverl Holdings Ltd., advising shareholders not to accept the offer price of Rs. 1,500 per share, citing that it represents a discount to the company’s valuation based on independent opinion.

time to read

2 mins

January 05, 2026

Daily FT

CBSL extends term of Administrator appointed to Nation Lanka Finance

THE Central Bank of Sri Lanka (CBSL) has extended the tenure of P.W.D.N.R. Rodrigo, the Administrator appointed to Nation Lanka Finance PLC (NLFP), under the Banking (Special Provisions) Act, No. 17 of 2023 (BSPA).

time to read

1 min

January 05, 2026

Daily FT

Rupee depreciates 5.6% against USD in 2025

SRI Lanka's rupee weakened against the US dollar in 2025, posting an annual depreciation of 5.6%, reversing the strong gains recorded over the previous two years.

time to read

1 min

January 05, 2026

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