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Sri Lanka named GCM Champion Country for leadership in migration governance

Daily FT

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November 17, 2025

SRI Lanka has been officially recognised as a Global Compact for Migration (GCM) Champion Country, joining a select group of nations that demonstrate innovation and leadership in migration governance.

Sri Lanka named GCM Champion Country for leadership in migration governance

Sri Lanka has long championed safe, orderly, and regular migration as a driver of sustainable development. As one of the early endorsers of the GCM, the country has consistently aligned its migration policies with the 2030 Agenda for Sustainable Development.

MEER VERHALEN VAN Daily FT

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

time to read

1 mins

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

time to read

2 mins

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

time to read

2 mins

November 18, 2025

Daily FT

Daily FT

Tarinda Ratwatte retires

AFTER nearly two decades of commitment to the oval-shaped ball game, Sri Lanka national XVs skipper Tarinda Ratwatte has officially announced his retirement, bringing an influential chapter of local and international rugby to a close.

time to read

1 min

November 18, 2025

Daily FT

Daily FT

Rebuilding nation on rails: Eng. Rampala Memorial Oration calls for bold railway reforms

Freight, which ought to be a cash cow, makes up less than 1% of the national freight market Non-fare revenue-despite having over 14,000 acres of land in its possession-is minimal In 2022, over 60% of long-distance trains were more than 30 minutes late, further eroding public confidence Prof. H.R. Pasindu presents comprehensive and transformative restructuring framework based on internationally accepted best practices, adapted to the local context of Sri Lanka Moots role separation: a new State-owned Sri Lanka Railways to own land, tracks, and infrastructure; an independent Sri Lanka Railways Regulatory Commission to enforce safety, pricing, standards, and licencing; a dedicated rolling-stock company to manage locomotives and carriages; and multiple train service operators selected through a transparent, competitive bidding process to run passenger and freight services This model, while ensuring that State retains ownership of national assets, replaces direct political management with a commercially disciplined structure Allows private sector participation- not outright privatisation-but through concessions and through Public Service Contracts

time to read

3 mins

November 18, 2025

Daily FT

Daily FT

Sri Lanka-Saudi Arabia Business Council debuts

THE first-ever Sri Lanka—Saudi Arabia Business Council was launched on 11 November through a Memorandum of Understanding (MoU) signed between the Federation of Chambers of Commerce and Industry of Sri Lanka (FCCISL) and the Federation of Saudi Chambers (FSC), in the presence of the Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath, at the FSC headquarters in Riyadh.

time to read

1 mins

November 18, 2025

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'.

time to read

1 min

November 18, 2025

Daily FT

Ex-ComBank Chair Prof. Ananda Jayawardane joins BOC Board

THE Finance Ministry has appointed Eng, Prof, Ananda Jayawardane to the Board of Bank of Ceylon as an Independent Non-Executive Director.

time to read

2 mins

November 18, 2025

Daily FT

McLarens Containers and Datamation: Leveraging technology, creating competitive advantage

IN order to remain competitive and to provide their clients a state-of-the-art solution McLarens Containers Ltd., have commissioned Datamation Systems Ltd., to upgrade their legacy ERP into a total web based ERP, connecting directly via apps third party applications.

time to read

1 min

November 18, 2025

Daily FT

AMF appoints new Board post LB Finance acquisition

FOLLOWING the acquisition by LB Finance PLC, Associated Motor Finance Company PLC (AMF) has appointed a new Board, with G.A.R.D. Prasanna as Chairman/ Non-Executive Director and Niroshan Udage as Deputy Chairman/ Executive Director.

time to read

4 mins

November 18, 2025

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