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Daily FT

Cabinet approves leasing Mahaweli Authority farms to farmers and agri-entrepreneurs

THE Cabinet of Ministers has approved a new framework to lease farms operated by the Sri Lanka Mahaweli Authority to farmers and agricultural entrepreneurs, shifting away from private investor-led management towards greater participation by farming communities in Mahaweli zones, Cabinet Spokesperson and Minister Dr. Nalinda Jayatissa said.

1 min  |

January 28, 2026
Daily FT

Daily FT

Fortresses and trade agreements

\"POOR Mexico, so far from God, so close to the United States\"-Porfirio Diaz, Ruler of Mexico (1876 1911).

4 min  |

January 28, 2026

Daily FT

Sampath gets CBSL nod to enter wealth management business

SAMPATH Bank PLC said it has received approval from the Central Bank of Sri Lanka to engage in wealth management activities through a wholly owned subsidiary.

1 min  |

January 28, 2026
Daily FT

Daily FT

Sri Lanka women cricketers to tour West Indies

THE Sri Lanka women's cricket team will tour the West Indies during February-March to play a three-match WODI series and a three-match WT20I series.

1 min  |

January 28, 2026

Daily FT

From stabilisation to strategy: How leading corporates are positioning for next phase of growth

John Keells Holdings' Gihan Cooray, Hemas Holdings' Sabrina Esufally, JAT Holdings' Nishal Ferdinando share strategy insights at First Capital Investor Symposium Cooray says JKH is creating new demand through city- based tourism, large-scale events, logistics capacity expansion and electric mobility initiatives anchored in its existing asset base Esufally points to consumer demand shifting back towards branded quality, with future growth expected from demographic change, convenience-led categories Ferdinando suggests post- cyclone reconstruction offers opportunity to 'build better' while the group focuses on manufacturing and competing directly in developed markets

6 min  |

January 28, 2026
Daily FT

Daily FT

RCUAC Challenge Shield 2026

For the love of the game - “A Weekend at the Pool”

1 min  |

January 28, 2026
Daily FT

Daily FT

INFRACON 2026 to drive future of infrastructure and construction development in Sri Lanka

THE Infrastructure and Construction Exhibition (INFRACON 2026), a premier industry event dedicated to the nation’s infrastructure and construction sectors, wil take place from 3 to 5 July at the Sirimavo Bandaranaike Memorial Exhibition Centre (SBMEC), Colombo.

1 min  |

January 28, 2026

Daily FT

Mujibur seeks CID probe into alleged use of unlicenced cancer drug

SAMAGI Jana Balawegaya (SJB) MP Mujibur Rahman has filed a complaint with the Criminal Investigation Department (CID) calling for an investigation into the import and use of a drug allegedly administered to cancer patients.

1 min  |

January 28, 2026
Daily FT

Daily FT

CIABOC records 154 arrests, 115 cases and Rs. 2.8 m fines in 2025

84 suspects arrested through raids, 70 others separately Cases involve bribery, corruption, unexplained wealth and money laundering Police, local administration account for most arrests, prosecutions 305 cases pending by end-2025, mostly before High Courts

1 min  |

January 28, 2026
Daily FT

Daily FT

Chain of Responsibility: Strengthening accountability in public institutions-Part I

THIS article provides a structured, highlevel overview of Chain of Responsibility (CoR) obligations, duties, and implications for organisations and their leaders and an overview of its application to Sri Lankan public sector organisations.

7 min  |

January 28, 2026

Daily FT

Construction sector’s recovery and challenges going forward

THE construction sector - which was the key driver of the nation's economic growth during 2010 to 2015, particularly during the presidency of Mahinda Rajapaksa - has made a commendable recovery after having endured a series of crises - the Easter Sunday attack, COVID-19 pandemic as well as the economic catastrophe.

2 min  |

January 28, 2026
Daily FT

Daily FT

Secondary Bond market activity quiet ahead of Monetary Policy Announcement

Rs. 125 b Treasury Bill auction in focus

2 min  |

January 28, 2026
Daily FT

Daily FT

Beyond BIA: Why Sri Lanka's next tourism leap must take off from south

SRI Lanka has reached a historic milestone in its tourism revival, recording 2.36 million tourist arrivals-the highest in recent years.

2 min  |

January 28, 2026

Daily FT

Broot beats Sri Lanka

Lankan bowlers take a pounding from Root and Brook Sri Lanka lose a bilateral ODI series at home for the first time in five years England pocket three- match series 2-1

2 min  |

January 28, 2026
Daily FT

Daily FT

Alcaraz survives early De Minaur onslaught and surges into Australian Open semis

TOP seed Carlos Alcaraz is within two victories of a career grand slam after piling more major pain on home hope Alex de Minaur in a largely straightforward Australian Open quarterfinal victory, secured 7-5, 6-2, 6-1 in 136 minutes on Rod Laver Arena.

1 min  |

January 28, 2026

Daily FT

'Salam Ramadan' returns to Colombo to experience spirit of generosity, unity, coexistence and cultural diversity

COLOMBO will come alive with vibrancy and festivities as 'Salam Ramadan', the country's foremost Muslim cultural event, returns for a second successful year to Green Path (Ananda Coomaraswamy Mawatha), from 27 February to 1 March 2026, from 5 p.m. to 12 midnight each evening.

4 min  |

January 28, 2026

Daily FT

Cabinet approves implementation agreement for $ 3 m World Bank grant on ports and logistics

THE Cabinet of Ministers has approved the signing of an implementation agreement relating to a $ 3 million grant provided by the International Bank for Reconstruction and Development for the preparation of the proposed Sri Lanka Ports and Logistics Development Project.

1 min  |

January 28, 2026
Daily FT

Daily FT

Sri Lanka sets stage for landmark presence at Gulfood 2026

SRI Lanka is set to make a remarkable presence at Gulfood 2026, one of the world’s largest and most prestigious food and beverage exhibitions, organised by the Sri Lanka Export Development Board (SLEDB).

3 min  |

January 28, 2026
Daily FT

Daily FT

Nihon Kohden and Hemas Surgicals unveil next-generation Cereb Air EEG technology

NIHON Kohden Singapore, a leading global medical device manufacturer from Japan, together with its local partner Hemas Surgicals and Diagnostics Ltd., has introduced the Cereb Air, a nextgeneration EEG monitoring solution, at the Annual Scientific Conference of the Sri Lanka College of Emergency Physicians (SLCEP).

2 min  |

January 28, 2026
Daily FT

Daily FT

ComBank advances Forward Together agenda with sustainable business transformation

ANCHORED in its long-term commitment to create a sustainable future for Sri Lanka and beyond, Commercial Bank of Ceylon has advanced its 'ForwardTogether' sustainability journey by hosting “ForwardTogether 2026: Partnering for a Sustainable Corporate Future,” a focused engagement designed to translate sustainability dialogue into practical action with customers.

2 min  |

January 27, 2026

Daily FT

Yaden Laboratories expands: Unit II project officially launched in Katunayake

YADEN Laboratories Ltd., 100% Sri Lankan-owned and the nation's leading pharmaceutical manufacturer, has announced a major expansion of its manufacturing footprint by initiating a new state-of-the-art project.

1 min  |

January 27, 2026
Daily FT

Daily FT

Rebuilding Sri Lanka without delay: Why procurement reform matters after Ditwah

CYCLONE Ditwah has left Sri Lanka facing one of its most complex reconstruction challenges in recent history. According to the World Bank's Global Rapid Post-Disaster Damage Estimation, direct physical damage to housing, infrastructure, agriculture and public facilities is estimated at approximately $ 4.1 billion.

3 min  |

January 27, 2026

Daily FT

Ambeon Group makes voluntary takeover bid for Harischandra Mills

Says subsidiary Ambeon Essentials signed Share Sale and Purchase Agreement; price undisclosed Acquisition subject to obtaining necessary regulatory approvals Post-announcement, Harischandra share price jumps by Rs. 1,396 or 25% to Rs. 6,982 Deal likely to have been struck with family-linked owners Hayleys single largest shareholder with 40.5% stake acquired last October at Rs. 3,300 per share

1 min  |

January 27, 2026

Daily FT

Gold hits record above $5,000 as global uncertainty drives safe-haven rush

GOLD surged to a record high above $ 5,000 an ounce yesterday, extending a historic rally as investors piled into the safe-haven asset amid rising geopolitical uncertainties.

1 min  |

January 27, 2026

Daily FT

Export earnings up 5.6% to $ 17.2 b in 2025

Misses $ 18.2 b export target for 2025, but EDB Chairman Mangala Wijesinghe sets $ 20 b target for 2026 Top export earners in 2025: Apparel $ 4.9 b up 5.34% YoY; tea $ 1.5 b up 4.97% YoY; coconut and coconut-based products $ 1.2 b up 42.66% YoY; ICT/BPM services $ 1.6 b up 8.81% YoY Top export earners in Dec. 2025: Apparel $ 470 m up 5.26% YoY; tea $ 105 m down 19.59% YoY Top export destinations in 2025: US $ 3 b up 3% YoY; India $ 1 b up 17.21% YoY Top export destinations in Dec. 2025: US $ 265 m up 5.96% YoY; UK $ 74 m up 6.57% YoY

7 min  |

January 27, 2026

Daily FT

CM Holdings makes deal for Rs. 260 m property sale

CM Holdings PLC said it has entered into a Sale and Purchase Agreement with Vogue Real Estate Ltd., to dispose of a property located in Thalangama South for Rs. 260 million.

1 min  |

January 27, 2026

Daily FT

Case against ex-Defence Secretary and former IGP fixed for March

THE Colombo High Court yesterday ordered that the case filed against former Defence Secretary Hemasiri Fernando and former Inspector General of Police (IGP) Pujith Jayasundara be taken up again on 23 March.

1 min  |

January 27, 2026

Daily FT

Sampath Bank and Prime partnership redefines property ownership with 0% equity solution

SAMPATH Bank PLC recently signed a Memorandum of Understanding (MoU) with Prime Lands Ltd., and Prime Lands Residencies PLC introducing an exclusive financing solution to make property ownership more accessible for homebuyers.

1 min  |

January 27, 2026

Daily FT

LOLC Finance unveils super savings account with higher returns

LOLC Finance, has launched the LOLC Super Savings Account, a thoughtfully designed savings solution that offers the perfect balance between high returns and convenient access to funds.

1 min  |

January 27, 2026
Daily FT

Daily FT

Kaizer Lye leads Wesley’s rugby outfit

WESLEY College enter the 2026 schools rugby season with confidence, driven by a promising leadership unit and a clear sense of direction.

1 min  |

January 27, 2026