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US Fed delivers third rate cut of the year

Daily FT

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December 12, 2025

THE US Federal Reserve lowered its benchmark federal funds rate by 25 basis points on Wednesday to a range of 3.5%-3.75%, marking the third cut this year.

US Fed delivers third rate cut of the year

The decision was approved on a 9-3 vote, with Governor Stephen Miran calling for a 50-basis point reduction and Kansas City Fed President Jeffrey Schmid and Chicago Fed President Austan Goolsbee preferring no change.

MEER VERHALEN VAN Daily FT

Daily FT

Daily FT

Aquaculturists attend capacity- building program in India

A customised capacity-building program for 10 aquaculturists from the National Aquaculture Development Authority (NAQDA) under the Fisheries, Aquatic and Ocean Resources Ministry of Sri Lanka, was organized from 2 to 13 February 2026 at the Central Institute of Freshwater Aquaculture (CIFA), Bhubaneshwar, India - the premier research institute for freshwater aquaculture in India under the aegeis of the Indian Council of Agricultural Research.

time to read

1 min

February 28, 2026

Daily FT

Sri Lanka and Finland sign MoU on political consultation mechanism

Hold Second Round of Bilateral Political Consultations in Helsinki

time to read

2 mins

February 28, 2026

Daily FT

Daily FT

Is racism dead, dying or alive and kicking? A response

Buddhism is a sacred morality, and because it is based on reason and experience, it is a powerful force that can eliminate inequality. My ideal would be a society based on Liberty, Equality, and Fraternity - Dr. B.R. Ambedkar, the chief architect of the Indian Constitution

time to read

5 mins

February 28, 2026

Daily FT

Daily FT

Sustainability beyond boundaries: Global perspective and vitality to Sri Lanka

THE contents of this article are excerpts from an address delivered by the undersigned on 31 January 2026 at the Sri Lanka Student Association of Japan at the Embassy of Sri Lanka under the auspices of the Conference Chair, Sr. Prof.

time to read

8 mins

February 28, 2026

Daily FT

England win gives Pakistan hope

■New Zealand lose by 4 wickets in final overwickets in final over

time to read

2 mins

February 28, 2026

Daily FT

Daily FT

City of Dreams Sri Lanka brings colour to life with “Signature Holi Rush”

CITY of Dreams Sri Lanka is set to celebrate Holi in spectacular style with “Signature Holi Rush,” a three-day celebration from 6 to 8 March 2026 that promises music, colour, flavour and high-energy entertainment across the integrated resort.

time to read

1 mins

February 28, 2026

Daily FT

Daily FT

STC TechSphere 2026 brings global engineering leaders to Colombo

SWEDISH Trading Company Ltd., (STC), one of Sri Lanka's most established industrial engineering solutions providers, successfully hosted STC TechSphere 2026 on 3 February 2026 at the Shangri-La Colombo, bringing together industry leaders, engineers, business owners, and international principals for an evening of technical knowledge-sharing and industry dialogue.

time to read

1 mins

February 28, 2026

Daily FT

Daily FT

Russel's Wellness at Gulfood 2026

RUSSEL'S Wellness recently showcased its Ayurveda-inspired wellness teas and medicinal formulations at Gulfood 2026, one of the world’s most prestigious food and beverage exhibitions.

time to read

1 min

February 28, 2026

Daily FT

Daily FT

Magnificent Air Force upset sends CH crashing out of Clifford Cup

SRI Lanka Air Force Sports Club produced a superb performance to record a memorable 34/28 victory over CH and FC in their quarterfinal clash of the Clifford Cup Knockout Rugby Tournament played at the Royal Sports Complex yesterday.

time to read

1 mins

February 28, 2026

Daily FT

‘Full Moon Storytelling and Dine for a Cause’ in Jaffna on 1 March

SERENDIP Be The Change Foundation (SBTCF), Fox Jaffna by Fox Resorts, and The Quiet Chapter (Chennai) will host ‘Full Moon Storytelling and Dine for a Cause’ on 1 March at Fox Jaffna from 5:30 p.m. onwards.

time to read

1 min

February 28, 2026

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