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Daily FT

Daily FT

Clean Sri Lanka: Can a lofty vision overcome systemic corruption?

FOLLOWING a historic electoral victory, Sri Lanka's National People's Power (NPP) Government came to power with an electrifying promise: \"system change.\"

4 min  |

January 17, 2026

Daily FT

Zen Café of Jaffna

THE Zen Café in Jaffna is a typical sample of youth entrepreneurship that focuses on youth integration across ethnicity.

3 min  |

January 17, 2026

Daily FT

WindForce secures 50 MW Mullikulam Lot 1 wind power project

WINDFORCE PLC said it has received the official Letter of Award from the Ceylon Electricity Board for Lot 1 of the 50 MW Mullikulam Wind Power Project, marking a key step in the implementation of the renewable energy project.

1 min  |

January 16, 2026

Daily FT

Secondary Bond market extends recovery driving rates lower

THE secondary Bond market on Wednesday opened on a stronger footing, with yields continuing to recover on the back of further renewed buying interest.

1 min  |

January 16, 2026
Daily FT

Daily FT

President launches 50 MW Hayleys Fentons Mannar wind power project

PRESIDENT Anura Kumara Dissanayake yesterday launched the 50 MW wind power project developed by Hayleys Fentons Ltd., in Mannar, with the Government announcing that it has secured private sector agreements to develop renewable energy over the next few years far exceeding expectations.

1 min  |

January 16, 2026

Daily FT

Vidullanka, David Pieris consortium secure Mullikulam wind project Lot 2

VIDULLANKA PLC said that it, together with consortium partner David Pieris Group, has received the formal Letter of Award from the Ceylon Electricity Board (CEB) for the development of Lot 2 of the Mullikulam Wind Power Project.

1 min  |

January 16, 2026
Daily FT

Daily FT

Sri Lanka apparel sector makes strong showing at Source Fashion London 2026

SRI Lanka’s apparel industry made a strong and impactful presence at Source Fashion London 2026, held from 13 to 15 January at Olympia London, reinforcing the country’s position as a reliable and competitive global sourcing destination.

2 min  |

January 16, 2026
Daily FT

Daily FT

FAO appeals for $16.5 m to restore agrifood livelihoods post-Ditwah

Says $ 400 000 received to date, leaving 97.6% funding gap

2 min  |

January 16, 2026
Daily FT

Daily FT

Citizens donate land to ‘Rebuilding Sri Lanka’

AT the inaugural ceremony of 'Rebuilding Sri Lanka' held this week at the Bandaranaike Memorial International Conference Hall (BMICH) in Colombo under the patronage of President Anura Kumara Dissanayake, land donations were made by private citizens including Chandra Kusumawathi Everett, G. Rasanga Prageen Fernando, P. Nimesha Madhumadali Siriwardena, and D.M. Samantha Sarath Ananda.

1 min  |

January 16, 2026

Daily FT

Pace setters Team Blues, Team Greens secure identical wins

PACE setters of the Women’s National Super League (NSL) T20 tournament Team Blues and Team Green recorded identical wins by 8 wickets in their respective matches concluded at the Colts grounds yesterday.

1 min  |

January 16, 2026

Daily FT

Army, CR and CH favoured to win

THE INTER Club Rugby League 2025/2026 moves into the deeper end of its first round with only one final set of matches remaining next weekend.

1 min  |

January 16, 2026

Daily FT

Industry bodies flag gaps, urge overhaul of Draft National Electricity Policy

THE Ceylon Chamber of Commerce, together with the American Chamber of Commerce, Exporters Association of Sri Lanka, Federation of Renewable Energy Developers, Joint Apparel Association Forum, National Chamber of Commerce of Sri Lanka, and Sri Lanka Association for Software and Services Companies, has submitted joint observations on the Draft National Electricity Policy, highlighting that several key issues have not been adequately addressed.

1 min  |

January 16, 2026

Daily FT

Regulator issues public alert, files CID complaint against Blue Ocean Securities, BOMate app

THE Securities and Exchange Commission of Sri Lanka (SEC) yesterday said it has lodged a formal complaint with the Criminal Investigation Department (CID) against Blue Ocean Securities Ltd., and its app BOMate, stating that it is an unlicenced investment entity.

1 min  |

January 16, 2026

Daily FT

IMF factfinding team due next week

IMF fact-finding mission scheduled from 22-28 Jan to assess impact of Cyclone Ditwah Visit follows IMF Board approval of $ 206 m under RFI Discussions to focus on policy implications under EFF, which is temporarily on hold

2 min  |

January 16, 2026

Daily FT

Govt. to hold pre-EOI meeting ahead of Canwill Holdings divestiture

THE Finance Ministry will hold a pre-Expression of Interest (EOI) meeting with interested parties ahead of the proposed divestiture of Canwill Holdings Ltd., the parent company of Sinolanka Hotels & Spa Ltd., and Helanco Hotels & Spa Ltd., which includes the stalled Grand Hyatt venture.

2 min  |

January 16, 2026
Daily FT

Daily FT

Sigera, Gamage miss out on tons as Sri Lanka warm up with second win

SRI Lanka won their second warm-up match beating Afghanistan by seven runs (DLS method) at Windhoek to go into the ICC Men's Under-19 World Cup in a good frame of mind.

1 min  |

January 16, 2026

Daily FT

Ekneligoda family, rights groups oppose promotion of officer accused in journalist’s disappearance

ACTIVISTS and media freedom organisations have objected to the promotion of a military intelligence officer named in the enforced disappearance case of journalist Prageeth Ekneligoda.

1 min  |

January 16, 2026
Daily FT

Daily FT

SPC posts strong financial turnaround in 2025

THE State Pharmaceuticals Corporation of Sri Lanka (SPC) has registered an impressive improvement in its financial performance in 2025, marking one of its strongest years in recent history, according to its annual progress summary.

1 min  |

January 16, 2026

Daily FT

INTER-CLUB RUGBY LEAGUE 2025/2026 Army, CR and CH favoured to win

THE INTER Club Rugby League 2025/2026 moves into the deeper end of its first round with only one final set of matches remaining next weekend.

1 min  |

January 16, 2026
Daily FT

Daily FT

HNB Assurance clinches Gold, standing tall among global brands

HINB Assurance PLC (HNBA) has made history by bringing home Gold at the prestigious Mob-Ex Awards 2025, securing the top spot in the highly competitive ‘Best Campaign — Lifestyle and Entertainment’ category.

1 min  |

January 16, 2026
Daily FT

Daily FT

UNDP calls for inclusive access to recovery financing

NEARLY all communities affected by Cyclone Ditwah in Sri Lanka suffered damage to homes, roads and other critical infrastructure, according to a new UN Development Programme (UNDP) assessment released on Wednesday, underscor ing the scale of recovery needs and the urgency of accessible financing for the most vulnerable.

2 min  |

January 16, 2026
Daily FT

Daily FT

Sri Lanka makes packaging history with Tetra Recart

WICHY Plantation Company Ltd., has commissioned South Asia’s first Tetra Recart R2 production line, marking a transformational milestone for Sri Lanka’s food processing and export sectors.

2 min  |

January 16, 2026

Daily FT

IRD sets Rs. 2.4 t revenue target for 2026

THE Inland Revenue Department (IRD) has been assigned a revenue target of Rs. 2,402 billion for the 2026 fiscal year, IRD Commissioner General Nandana Kumara said.

1 min  |

January 16, 2026

Daily FT

Unemployment rises in 3Q after two quarters of stability as labour force expands

Unemployment rate climbs to 4.3% in 3Q from 3.8% in 10 and 2Q 2025

2 min  |

January 16, 2026
Daily FT

Daily FT

Lynear Wealth unfazed by post-IMF ISB repayments

SRI Lanka’s post-International Monetary Fund (IMF) period, when external debt servicing, including International Sovereign Bond (ISB) repayments, begins to rise, is unlikely to pose a major macroeconomic risk in 2026 if current fiscal and external surpluses are maintained, according to Lynear Wealth Managing Director Naveen Gunawardane.

2 min  |

January 16, 2026
Daily FT

Daily FT

Luxembourg Stock Exchange embraces Sarvodaya Development Finance

THE Luxembourg Stock Exchange (LuxSE) recently welcomed Sarvodaya Development Finance PLC (SDF) with two sustainability bonds, which are now displayed on the LGX Platform.

1 min  |

January 16, 2026

Daily FT

Digital fuel card introduced for State vehicles

THE Government will introduce a digital card system for fuelling vehicles belonging to State institutions, aiming to enhance transparency and efficiency in fuel procurement.

1 min  |

January 16, 2026
Daily FT

Daily FT

Rebuilding for resilience: Can impact investing \ work in Sri Lanka?

SRI Lanka is once again at an inflection point, but this time, the stakes are unmistakably higher.

8 min  |

January 16, 2026

Daily FT

WOMEN’S NSL T20 TOURNAMENT

Pace setters Team Blues, Team Greens secure identical wins

1 min  |

January 16, 2026

Daily FT

Amana Bank becomes first private bank to enter Thambala, Polonnaruwa

AMANA Bank has further expanded its people-friendly and development-focused banking footprint with the opening of its 41st Self Banking Centre (SBC) in Thambala, located in the Polonnaruwa District, marking its presence as the first private bank in the area and serving the surrounding agricultural and trading community.

1 min  |

January 16, 2026