The Perfect Holiday Gift Gift Now

Newspaper

Daily FT

Daily FT

Youngest Sri Lankan at Everest Base Camp sets sights on Europe's tallest

THE youngest Sri Lankan to reach Everest Base Camp, Jaith Adithya Nathavitharana, achieved this feat at just 15 years and 4 months. Now, he sets his sights on summiting Mount Elbrus, the tallest mountain in Europe, and Mount Vinson, the tallest in Antarctica. At 13, on 10 August 2023, Jaith summited Stella Point of Mount Kilimanjaro and pledged to himself to climb the Seven Summits, including Everest Base Camp, sooner rather than later. Mount Elbrus in Russia stands at 18,510 ft, while Mount Vinson reaches 16,050 ft.

3 min  |

October 08, 2025
Daily FT

Daily FT

Beyond the billion-dollar myth: Why Sri Lanka's business narrative needs reimagining

WHEN analysts point out that Sri Lanka has only a handful of listed companies valued over a billion dollars compared to Singapore's 77 or Vietnam's 44, the instinctive response is often: “We need more billion-dollar companies.”

6 min  |

October 08, 2025
Daily FT

Daily FT

Sri Lanka's para athletes shine on global stage despite poor support

SRI Lanka's para athletes successfully participated in the World Para Athletics Championships 2025 held in New Delhi, India. Despite constraints in training facilities, they managed to secure two bronze medals and several personal best performances.

1 min  |

October 08, 2025

Daily FT

Parliament approves Bill against doping in sport

PARLIAMENT yesterday passed the Convention against Doping in Sport (Amendment) Bill without any changes.

1 min  |

October 08, 2025
Daily FT

Daily FT

Govt. clarifies stance on vehicles assigned for former Presidents’ security

PUBLIC Security Minister Ananda Wijepala told Parliament yesterday that the repeal of the Former Presidents' Entitlements Act does not affect the Government's duty to ensure the personal security of former heads of state.

1 min  |

October 08, 2025

Daily FT

Sampath Bank partners Home Lands to launch 0% equity housing solutions

SAMPATH Bank PLC recently signed a Memorandum of Understanding (MoU) with Home Lands Group at its Head Office, introducing a new financing solution aimed at easing the path to property ownership for homebuyers.

1 min  |

October 08, 2025
Daily FT

Daily FT

Sri Lanka Tourism holds 3rd consumer promotion event in Cologne, Germany

THE Embassy of Sri Lanka in Berlin, in collaboration with the Sri Lanka Tourism Promotion Bureau (SLTPB), hosted a tourism promotional event in Cologne, Germany on 27 September 2025.

1 min  |

October 08, 2025

Daily FT

TNA MP questions CIABOC Chief’s appointment, cites conflicts in Constitutional Council

TNA MP Shanakiyan Rajaputhiran Rasamanickam yesterday raised concerns in Parliament over the appointment of Ranga Dissanayake as Director General of the Commission to Investigate Allegations of Bribery and Corruption (CIABOC).

1 min  |

October 08, 2025

Daily FT

LOLC Finance credit rating upgraded to A+ (Stable)

Lanka Rating Agency says commanding share of NBFI sector, accounting for 36.3% of total NBFI sector profits, 30.3% of industry equity, and 20.6% of sector assets

2 min  |

October 07, 2025

Daily FT

Construction sector seeks execution of core relief proposals from Govt.

Steering committee to ensure delivery

3 min  |

October 07, 2025

Daily FT

KPMG flags urgent compliance prep after SVAT repeal

WITH the abolition of the Simplified VAT (SVAT) scheme expected to tighten liquidity and trigger short-term cash pressures for exporters and project suppliers, KPMG Sri Lanka is urging firms to begin compliance preparations immediately.

3 min  |

October 07, 2025

Daily FT

Aruni Shapiro introduces Adam Smith to Sri Lanka's readers

ARUNI Shapiro, sociologist cum advocate for liberty, has published her 10th book introducing Adam Smith to Sri Lanka’s Sinhala readers under the title ‘Adam Smith and the Wealth of Nations’.!

8 min  |

October 07, 2025

Daily FT

RIUNIT apartment market analysis: Colombo 5 shines bright

According to the latest real estate market data released by the Research Intelligence Unit up to Q3 2025, Colombo 5 is the outstanding performer in all of Colombo

2 min  |

October 07, 2025

Daily FT

Banking sector assets up 15% to Rs. 23.8 t in Q2 2025, PAT surges 68%

SRI Lanka’s banking sector assets grew 14.9% year-on-year (YoY) to Rs. 23.8 trillion in the second quarter of 2025, up from Rs. 20.7 trillion a year earlier, according to the Central Bank of Sri Lanka’s (CBSL) Financial Soundness Indicators (FSI) Report for Q2 2025. The report said the growth was primarily driven by increased investments, loans, and advances.

1 min  |

October 07, 2025
Daily FT

Daily FT

FitsAir celebrates three years of passenger operations

FITSAIR, Sri Lanka's first privately-owned international airline, celebrated three years of international scheduled passenger operations, marking another defining moment in its journey to transform air travel for Sri Lankans.

1 min  |

October 07, 2025

Daily FT

Secondary Bond market yields close up

Rs. 43 b T-Bill auction fully subscribed; rates remain broadly steady for 11 straight weeks

3 min  |

October 07, 2025
Daily FT

Daily FT

Rain gives Sri Lanka their first points

No handshake farce spills into women's cricket

2 min  |

October 07, 2025
Daily FT

Daily FT

Marsh century secures Australia T20 series win

AUSTRALIA skipper Mitchell Marsh smashed 103 not out to steer Australia to victory in the third T20 against New Zealand and secure a 2-0 series win.

1 min  |

October 07, 2025

Daily FT

Shanakiyan welcomes Sri Lanka's three-city tourism roadshow in South India

TAMIL National Alliance (TNA) MP Shanakiyan Rasamanickam has welcomed the Government's latest tourism promotion drive in Southern India, while urging authorities to strengthen connectivity through air, sea, and potential land routes to maximise its impact.

1 min  |

October 07, 2025

Daily FT

ADB economists welcome SL's strong recovery; say higher investments critical

Say domestic demand supported growth, thus far completing eight quarters of upturn in economy

3 min  |

October 07, 2025

Daily FT

Outdated laws obstacle to resolving drugs shortages, says Health Minister

HEALTH and Mass Media Minister Dr. Nalinda Jayatissa said that several longstanding laws and regulations are obstructing efforts to address the ongoing shortage of medicines in the country.

1 min  |

October 07, 2025
Daily FT

Daily FT

All Island Dairy Association commits support to boost local production

THE fifth Annual General Meeting (AGM) of the All Island Dairy Association (AIDA) was recently held at The Ceylon Chamber of Commerce in Colombo, with Agriculture Minister K.D. Lalkantha as Chief Guest.

2 min  |

October 07, 2025

Daily FT

Sri Lanka reports third highest child displacements from climate disasters in South Asia

SRI Lanka has recorded the third highest number of child displacements from climate-related disasters in South Asia, following India and Bangladesh, according to a new report by the United Nations Children’s Fund (UNICEF) for South Asia.

1 min  |

October 07, 2025

Daily FT

UNHRC adopts new resolution on Sri Lanka without vote

THE United Nations Human Rights Council (UNHRC) in Geneva yesterday adopted a new resolution titled A/HRC/60/L.1/Rev.1 Promoting Reconciliation, Accountability and Human Rights in Sri Lanka, during its 60th session.

2 min  |

October 07, 2025

Daily FT

Being Buddhist during genocide

YESTERDAY was the Vap Poya (full moon) day. Today, on 7 October, the annual rains retreat (vassāvāsa) ends for Buddhist monastics across the Theravāda world, including those in Sri Lanka.

6 min  |

October 07, 2025
Daily FT

Daily FT

Condemning surveillance, harassment, and intimidation of journalist Kumanan Kanapathipillai

Following is a statement by a group of members of the civil society condemning the harassment of Kumanan Kanapathipillai by the authorities

5 min  |

October 07, 2025

Daily FT

Signature partners CH17 Loyalty to elevate style with rewards

LOYALTY and rewards management platform CH17 Loyalty, has announced its partnership with menswear brand — Signature.

1 min  |

October 07, 2025

Daily FT

HSBC voted No. 1 in Cash Management in Sri Lanka by Euromoney

HSBC has been voted as the No. 1 Cash Management Provider in Sri Lanka in Euromoney’s Cash Management Survey 2025, an independent survey based on votes by corporate clients.

1 min  |

October 07, 2025

Daily FT

SLID and ACCA launch National Director Awards

Initiative to champion corporate governance excellence in Sri Lanka

2 min  |

October 07, 2025
Daily FT

Daily FT

Browns’ Exide and RoadX Tires lead at Rotherham Katukurunda Circuit Meet and Gajaba Supercross 2025

EXIDE has partnered with two of the country’s much-awaited motorsports events of 2025, the renowned Rotherham Katukurunda Circuit Meet and Gajaba Supercross 2025. Organised by the Sri Lanka Autosport Drivers’ Association (SLADA) in collaboration with the Sri Lanka Air Force, the much-awaited event took place at the Katukurunda Air Force Airstrip on 17 August. The meet saw fierce competition, as riders and drivers vied for victory across eight motorbike and fourteen car events.

2 min  |

October 07, 2025