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Oil climbs above $ 104
Daily FT
|March 17, 2026
GLOBAL oil prices continued to rise yesterday as the effective closure of the Strait of Hormuz disrupted energy shipments and heightened concerns about global supply.
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Brent crude, the benchmark for international oil prices, climbed as much as 3% on Sunday to exceed $106 a barrel be
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Daily FT
Banks branches open from 9 a.m. to 1 p.m.on Wednesdays
THE Central Bank of Sri Lanka and the banking sector will stay open on Wednesdays with bank branches open from 9 a.m. to 1 p.m.
1 min
March 18, 2026
Daily FT
Cabinet awards Rs. 2.27 b contract to Hayleys Fentons, India's JSL for 220kV transmission line
THE Cabinet of Ministers on Monday approved the award of over Rs. 2.2 billion (Rs. 2,269.18 million) contract (excluding VAT), for the construction of a 28 km long, 220kV double-circuit transmission line from the Mannar Grid Substation to the Mullikulam Collection Grid Substation under Lot B of the Mullikulam Wind Power Transmission Project.
1 min
March 18, 2026
Daily FT
Sajith says NPP Govt. has no 'Scenario Planning' 'to manage crisis
OPPOSITION Leader Sajith Premadasa yesterday told Parliament that the President Anura Kumara Dissanayake-led NPP Government has no \"scenario planning\" to deal with the crisis influenced by the war in the Middle East.
3 mins
March 18, 2026
Daily FT
Cabinet clears plans to secure $ 620 m ADB financing
THE Cabinet of Ministers on Monday approved plans to secure $ 620 million in financing from the Asian Development Bank (ADB) under five key sub-programs to accelerate the country's reform agenda and support economic recovery.
1 min
March 18, 2026
Daily FT
CEO of the Year 2025 Honours Sri Lanka's Outstanding Corporate Leaders
The CEO of the Year 2025 Awards Ceremony was successfully held on, 26 February 2026, at the prestigious Cinnamon Grand Colombo, bringing together an exceptional gathering of national leaders, policymakers, diplomats, and eminent corporate figures.
2 mins
March 18, 2026
Daily FT
Economy maintains momentum with 5% GDP growth in 2025
4Q GDP growth at 4.8%, down from 5.4% in 3Q 2025 Agriculture, Industry and Services, expand by 1.4%, 7.8% and 3.3% respectively Taxes less subsidies on products contributed 11.6% to GDP in 2025
3 mins
March 18, 2026
Daily FT
CWIT reaches 1m TEUs in first year
Fastest Colombo Port terminal to a million containers handled
3 mins
March 18, 2026
Daily FT
QR Fuel Pass glitches largely resolved, over 5 m users on system: Deputy Minister
Deputy Minister says most QR system issues fixed in under three days; platform now stable. Developed at no cost by MIT and Dialog; integration challenges with legacy Govt. systems highlighted. Over 5.09 m users and 5.10 m vehicles registered; nearly 440,000 new vehicles since 2023. New complaint channels to be introduced as 1919 hotline overwhelmed
1 mins
March 18, 2026
Daily FT
Ceylinco Life's 2024 Annual Report wins prestigious double honours
CEYLINCO Life has secured two prestigious accolades for its 2024 Annual Report, reaffirming the Company's leadership in transparent, accountable and sustainability-driven corporate reporting.
2 mins
March 18, 2026
Daily FT
Cabinet approves emergency coal tender, flexible energy procurement
IN a decisive move to safeguard national energy security, the Cabinet of Ministers on Monday approved an emergency coal procurement of 300,000 tons for the Lakvijaya Power Plant and authorised a temporary deviation from standard procurement procedures to secure fuel supplies over the next three months.
2 mins
March 18, 2026
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