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Sri Lanka to ratify UN High Seas Biodiversity Treaty

Daily FT

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September 11, 2025

Seeks fair distribution of ocean resources

CABINET Spokesperson and Health and Mass Media Minister Dr. Nalinda Jayatissa said yesterday the Cabinet approved ratification of the agreement under the UN Convention on the Law of the Sea on the Conservation

MEER VERHALEN VAN Daily FT

Daily FT

TISL warns superficial amendments fail to meet SC determination in newly passed Microfinance Law

TRANSPARENCY International Sri Lanka (TISL) yesterday expressed serious concern following the passage in Parliament on Wednesday of the Microfinance and Credit Regulatory Authority Bill.

time to read

2 mins

March 06, 2026

Daily FT

Daily FT

Jamie Siddons first foreign coach to handle Sri Lanka Women cricketers

Appointed Head Coach for one year

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1 min

March 06, 2026

Daily FT

Insurers settle over 23% of Ditwahrelated claims; payouts reach Rs. 13.3 b

IRCSL says total claims estimated at Rs. 57.2 b Over 82% of claims admitted by insurers; motor insurance accounts for majority of claims filed INSURANCE companies have paid Rs. 13,344.9 million in claims related to Cyclone Ditwah, settling about 23% of the estimated insured losses reported so far, according to data released by the Insurance Regulatory Commission of Sri Lanka (IRCSL).

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1 min

March 06, 2026

Daily FT

Hardy buys 7% in Softlogic Finance for Rs. 325 m; company returns to Main Board

YOUNG investor Hardy Jamaldeen has acquired around a 7% stake in Softlogic Finance PLC from parent Softlogic Capital PLC for over Rs. 325 million.

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1 mins

March 06, 2026

Daily FT

Daily FT

HNB General Insurance fastest in reaching Rs. 11 b revenue (GWP) within 10 years of operations

HNB General Insurance Ltd., (HNBGI) has announced its financial results for the year ended 31 December 2025, marking a milestone year of accelerated growth, strengthened financial resilience, and sustained business momentum.

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2 mins

March 06, 2026

Daily FT

Govt. outlines Rs. 46.7 b oil storage expansion drive amid global supply uncertainty

THE Government has embarked on a major three-year initiative to expand its fuel storage capacity and strengthen petroleum infrastruc-ture, allocating Rs. 46.7 billion between 2025 and 2028 for new oil tanks, pipeline upgrades, and related facilities.

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2 mins

March 06, 2026

Daily FT

Daily FT

MullenLowe Sri Lanka's consistency earns Effie Agency of the Year

MULLENLOWE Group once again reinforces its authority in creative effectiveness by retaining its position as Effie Agency of the Year for 2025, marking its third consecutive win at the Effie Awards ceremony held yesterday.

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2 mins

March 06, 2026

Daily FT

Govt. beats fiscal expectations in 2025

Posts record Rs. 1.78 t primary surplus in 2025 Overall Budget deficit narrows sharply to Rs. 724.4 b; just 33% of Rs. 2.2 t Budgeted estimate Revenue and grants rise 35.4% YoY to Rs. 5.5 t, exceeding Budget target Recurrent expenditure reaches 88% of Budgeted estimate Capital spending up 26.7% YoY to Rs. 1 t but below Budget allocation

time to read

2 mins

March 06, 2026

Daily FT

Ericsson signs agreement with Dialog Axiata to deploy 5G RAN in Sri Lanka

ERICSSON has signed an agreement with Dialog Axiata PLC to deploy its 5G Radio Access Network (RAN) across Sri Lanka.

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1 mins

March 06, 2026

Daily FT

Sri Lanka to maintain neutral stance amid Mideast conflict: President

To rescue 208 crew and escort second Iranian vessel to Trinco

time to read

1 min

March 06, 2026

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