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Daily FT

Banks step up AML controls as Sri Lanka braces for critical mutual evaluation

SRI Lanka's banking leaders said the country's upcoming third Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) mutual evaluation is a make-or-break moment for the financial system, warning that a negative outcome would severely damage credibility and access to global funding.

1 min  |

February 24, 2026

Daily FT

Vidullanka adds 6MW to national grid

VIDULLANKA PLC celebrated the opening of its newest solar facility, the 6MW Madampe solar plant, on 21 February.

1 min  |

February 24, 2026

Daily FT

Banks redraw risk lines after 2022 crisis

People's Bank General Manager/ CEO Clive Fonseka notes State lender was among hardest hit amidst sovereign trap Hatton National Bank Managing Director/CEO Damith Pallewatte opines episode validated country's prudential framework, but revealed weaknesses in practice Bank of Ceylon Chairman Kavinda de Zoysa says crisis exposed importance of operational risk

2 min  |

February 24, 2026

Daily FT

Prime, Melwa acquire waterfront land in Port City for $ 57.6 m

Four-acre property to house ultra-luxury apartment development estimated to have total turnover of approximately $ 250 m

2 min  |

February 24, 2026

Daily FT

DFCC ONE takes customer rewards to new heights

DFCC Bank PLC (DFCC Bank) recently elevated its digital engagement efforts through the “Rising Above with DFCC ONE” campaign, rewarding selected customers with an exclusive hot air balloon experience over Dambulla.

1 min  |

February 24, 2026
Daily FT

Daily FT

Welcoming Year of the Horse at Yue Chuan, The Kingsbury

YUE Chuan, the award-winning Chinese restaurant at The Kingsbury, Colombo, invites guests to usher in the Chinese New Year with an indulgent All You Can Eat feast in honour of the Year of the Horse.

1 min  |

February 24, 2026

Daily FT

NTB records strong 2025 with PAT up 15% to Rs. 19.3 b

NATIONS Trust Bank PLC (NTB) delivered a strong end to the financial year, reporting robust financial results for the 12 months ending 31 December 2025, with a Profit After Tax (PAT) of Rs. 19.3 billion, reflecting a 15% yearonyear growth.

2 min  |

February 24, 2026

Daily FT

Secondary Bond market activity dull; rates edge up further

THE secondary Bond market opened the new trading week with rates edging up further carrying over the upward momentum from last week which was driven by profit taking selling pressure.

1 min  |

February 24, 2026
Daily FT

Daily FT

DFCC Pinnacle hosts exclusive lifestyle seminar on cardiovascular health

DFCC Pinnacle hosted an exclusive lifestyle forum titled 'Matters of the Heart' on 17 January 2026 at the DFCC Bank Pinnacle Centre, in collaboration with Mount Elizabeth Hospital, Singapore.

1 min  |

February 24, 2026
Daily FT

Daily FT

Salam Ramadan 2026 draws over 120 stall holders for final briefing

Event from 27 February to 1 March at Green Path to celebrate culture, community and collaboration

1 min  |

February 24, 2026
Daily FT

Daily FT

McLarens Group unveils renewed Mobil-3M Experience Centre in Sri Lanka

MCLARENS Group has announced the opening of the Mobil-3M Experience Centre, a state-of-the-art showroom located at 347, Union place, Colombo 02, bringing innovation, science, and performance together under one roof.

1 min  |

February 24, 2026
Daily FT

Daily FT

Talk by Ajay Kamalakaran on his new book "Colombo: Port of Call"

AJAY Kamalakaran will be in conversation with Uditha Devapriya about his latest book, Colombo: Port of Call (Penguin India, 2026) on Sunday, 1 March 2026, at the Lakmahal Community Library, from 10 a.m. to 12 p.m.

1 min  |

February 24, 2026
Daily FT

Daily FT

Celebrate spirit of Ramadan with indulgent Iftar at Taj Samudra, Colombo

THIS Ramadan, embrace the joy of togetherness and tradition with a specially curated Iftar experience at Port of Call at Taj Samudra, Colombo.

1 min  |

February 24, 2026

Daily FT

CSE opens week marginally up after early rally

THE Colombo stock market opened the week in green with a marginal gain having failed to sustain a sharp opening rally.

1 min  |

February 24, 2026
Daily FT

Daily FT

Ven. Dr. Kirinde Assaji awarded Lifetime Achievement honour by KITT University

A historic milestone in Sri Lanka-India relations

1 min  |

February 24, 2026

Daily FT

Cinnamon Hotels & Resorts, Walkers Tours partner with NOC to strengthen sports tourism

CINNAMON Hotel & Resorts and Walkers Tours have entered into a Memorandum of Understanding (MoU) with the National Olympic Committee of Sri Lanka (NOC SL), bringing two of the country's established travel brands into closer alignment with the national sporting body.

2 min  |

February 24, 2026
Daily FT

Daily FT

UN delegation backs financing framework for Ditwah-hit businesses

AS part of a joint initiative between the Industry and Entrepreneurship Development Ministry and the United Nations Development Program (UNDP), a special technical delegation visited Sri Lanka from 16 to 20 February 2026.

1 min  |

February 24, 2026
Daily FT

Daily FT

Leadership under siege: The meeting culture crisis

Whillans et al. (2020) argued that excessive meetings disrupt employees’ ability to focus, constrain their autonomy, and generate time pressure.

2 min  |

February 24, 2026
Daily FT

Daily FT

SEC and SLAASMB to strengthen financial reporting and governance

THE Securities and Exchange Commission of Sri Lanka (SEC) and the Sri Lanka Accounting and Auditing Standards Monitoring Board (SLAASMB) enhanced cooperation in the oversight of financial reporting and auditing standards by signing a Memorandum of Understanding (MoU) recently.

1 min  |

February 24, 2026
Daily FT

Daily FT

Sweet symphony of love at Nüwa City of Dreams Sri Lanka

VALENTINE’S Day was celebrated in refined elegance at Niiwa, where romance took centre stage through artfully crafted indulgences.

1 min  |

February 24, 2026
Daily FT

Daily FT

SLT-Mobitel empowers SMEs with scalable digital solutions

'SmartChat Mega 2026' emerges as catalyst for SME digital transformation

1 min  |

February 24, 2026

Daily FT

Xiaomi launches Redmi Note 15 series in Sri Lanka

XIAOMI, the global consumer electronics brand, has launched its latest Redmi Note 15 Series in Sri Lanka on 9 February, at the Shangri-La Colombo.

2 min  |

February 24, 2026

Daily FT

When genocidaires come for tea

LAST week, Sri Lanka received a brief visit by the United Kingdom’s Deputy Prime Minister David Lammy.

2 min  |

February 24, 2026
Daily FT

Daily FT

Conversation with Ayathurai Santhan tomorrow on "Twice Upon a Lifetime"

A conversation with Ayathurai Santhan on his latest novel Twice Upon a Lifetime, will take place tomorrow tomorrow (25) from 4:30 p.m. to 6:00 p.m. at the International Centre for Ethnic Studies (ICES) Colombo 7.

1 min  |

February 24, 2026
Daily FT

Daily FT

Agriculture is not Sri Lanka's past, it is its strategic future

A civilisation built on agricultural mastery

3 min  |

February 24, 2026

Daily FT

Pensions: A crucial social responsibility

THE current debate over pensions for legislators has captured public attention, and Parliament has already taken steps to address the issue.

3 min  |

February 24, 2026

Daily FT

HNB, CARMART expand Peugeot and LEAP vehicle leasing options

HNB PLC has entered into a strategic partnership with CARMART Ltd. to promote Peugeot and LEAP brand vehicles in Sri Lanka.

1 min  |

February 24, 2026

Daily FT

BETSS.com enters Sri Lankan rugby with two-year CR & FC sponsorship

SPORTS Entertainment Services Ltd., the digital arm of Sporting Star and a prolific promoter of sports in Sri Lanka, has signed a two-year co-sponsorship agreement with the Ceylonese Rugby & Football Club (CR & FC).

1 min  |

February 24, 2026
Daily FT

Daily FT

DCTS boost: Shipments heading to UK under new tariff-free scheme

BRITISH High Commissioner Andrew Patrick and Industries and Entrepreneurship Development Deputy Minister Chathuranga Abeysinghe recently visited apparel logistics and quality assurance facilities North of Colombo to witness shipments being prepared for export to the United Kingdom.

2 min  |

February 24, 2026

Daily FT

CSE, NCCSL partner to advance capital market development, business growth

THE Colombo Stock Exchange (CSE) and The National Chamber of Commerce of Sri Lanka (NCCSL) signed a Memorandum of Understanding (MoU) as part of a broader initiative to advance Sri Lanka's capital market development and foster the growth of businesses across the country.

1 min  |

February 24, 2026