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Daily FT

Daily FT

Janashakthi Finance celebrates 44 years of progress and purpose

JANASHAKTHI Finance PLC (formerly known as Orient Finance PLC), a subsidiary of JXG (Janashakthi Group), celebrates its 44th anniversary, marking more than four decades of commitment to empowering Sri Lankans through innovative and inclusive financial solutions.

2 min  |

July 24, 2025
Daily FT

Daily FT

Colombo stock market sustains bull run after CBSL move

THE Colombo stock market sustained its bull run further yesterday amidst active investor participation following the Central Bank's decision to keep policy rates steady.

1 min  |

July 24, 2025
Daily FT

Daily FT

Chief Justice gives checklist to make Sri Lanka a “Just Republic”

■ In address at BASL Legal Symposium calls for ethical integrity, Constitutional values, and collaborative legal development

3 min  |

July 24, 2025

Daily FT

Challenge of education reforms

THE country is abuzz with the talk of education sector reforms, which have drawn both praise and criticism.

2 min  |

July 24, 2025
Daily FT

Daily FT

Bank of Ceylon celebrates outstanding achievements at Spirit Awards 2024

IN a glorious ceremony held at Hotel Monarch Imperial, Sri Jayewardenepura, Bank of Ceylon honoured its brightest stars at the 'BOC Spirit Awards 2024', recognising exceptional performance across its nationwide network of 660 branches and over 8,200 strong workforce.

2 min  |

July 24, 2025
Daily FT

Daily FT

ANKA Technologies shines at the National Ingenuity Awards 2025, securing three prestigious awards in the categories of driving STEM, Robotics, and Al Education in Sri Lanka

In a spectacular celebration of innovation and excellence, ANKA Technologies was recognized with three prestigious awards at the SLASSCOM National Ingenuity Awards 2025, held on the 1st of July at the Taj Samudra, Colombo. The institute proudly took home the titles of:

2 min  |

July 24, 2025
Daily FT

Daily FT

HNB and Indra Traders drive forward vehicle leasing solutions

HNB PLC has partnered with Indra Traders Ltd., one of Sri Lanka’s leading automotive retailers, to offer flexible leasing solutions for both registered and unregistered vehicles.

1 min  |

July 24, 2025
Daily FT

Daily FT

Black July 1983: Remembering the past to secure the future

FORTY-TWO years after the violence of Black July, Sri Lanka continues to live in the shadow of unacknowledged violence that shattered the lives of thousands of Tamil families.

2 min  |

July 24, 2025
Daily FT

Daily FT

Inextricable Group appoints Vineet Jaiswal to Non-Executive Board

Architect of India’s $ 17 b SAP transformation joins IG to drive enterprise innovation in Sri Lanka and APAC

2 min  |

July 24, 2025

Daily FT

Dialog launches Sri Lanka's most affordable 5G smartphone

DIALOG Axiata PLC, Sri Lanka’s No. 1 connectivity provider, has unveiled the country’s most affordable 5G smartphone, an important step forward in the nation’s digital transformation.

2 min  |

July 24, 2025
Daily FT

Daily FT

Progressive or retrogressive? Rationally defining AKD’s Presidency and NPP Government

'...estimated income poverty... remains stubbornly high, affecting as much as a quarter of the population in 2024, and twice as high as in 2021. The reversal in poverty reduction gains during the crisis has taken Sri Lanka back to its high poverty levels of the early 2000s...' -ODI-CEPA Report Executive Summary p vi '...post crisis mass poverty level, [is] estimated to be 7-10 million individuals.' ODI-CEPA Report p 16. (https://odi.org/documents/9616/ODI_Global_Sustaining_transformative_growth in Sri Lanka_20252030.pdf)

8 min  |

July 24, 2025
Daily FT

Daily FT

First Deputy MD Gita Gopinath quits IMF to re-join Harvard Economics Faculty

INTERNATIONAL Monetary Fund (IMF) Managing Director Kristalina Georgieva has announced that First Deputy Managing Director (FDMD) Gita Gopinath, would be leaving the Fund at the end of August to return to Harvard University, where she will be the inaugural Gregory and Ania Coffey Professor of Economics in the Department of Economics.

2 min  |

July 24, 2025

Daily FT

SLT-Mobitel launches enhanced ‘Home 4G LTE Broadband’

SLT-MOBITEL has unveiled a revamped Home 4G LTE Broadband portfolio offering more value and simplified choices for every Sri Lankan home.

2 min  |

July 24, 2025
Daily FT

Daily FT

DIMO Mega Fiesta 2025 enhances regional transport resilience in Jaffna

DIMO, the authorised general distributor for Tata vehicles in Sri Lanka, reaffirmed its commitment to strengthening regional transportation through the successful execution of DIMO Mega Fiesta — Jaffna 2025, a comprehensive after-sales campaign for Tata commercial vehicles.

2 min  |

July 24, 2025
Daily FT

Daily FT

Sri Lanka's Smoke & Bitters ranked 14th best bar in Asia

■ A historic feat putting Sri Lanka on the map with co-owned Raa entering Top 100 in its debut year

2 min  |

July 24, 2025
Daily FT

Daily FT

Uber rolls into Jaffna

Rides and Eats now available in Northern Province

2 min  |

July 24, 2025

Daily FT

CIC Vetcare supports MSME “SAJ” to next level

THE global market for pet products is growing very rapidly with changing lifestyles worldwide.

2 min  |

July 24, 2025

Daily FT

Court order against House of Fashions in case filed by 'Under Armour'

“UNDER Armour,” a world-renowned brand in the sports apparel industry, successfully obtained an interim injunction from the Commercial High Court of Colombo against House of Fashions for selling counterfeit Under Armour garments.

1 min  |

July 23, 2025
Daily FT

Daily FT

Cyber Threat and Malware Analysis Research Unit to support country's digital transformation

THE Cabinet of Ministers on Monday approved establishing a dedicated research unit within the Sri Lanka Computer Emergency Readiness Team (Sri Lanka CERT) to strengthen national cybersecurity capabilities in line with the country's accelerating digital transformation agenda.

1 min  |

July 23, 2025
Daily FT

Daily FT

Duple drub in Colombo shifts Rugby Monarchy to Kandy

THE fall of two more undefeated Superpowers from the Capital, shifts the Kingdom of Schools Rugby to the Hills, at least momentarily.

10 min  |

July 23, 2025

Daily FT

Sri Lanka to sign MoU with National University of Singapore for Al collaboration

THE Cabinet of Ministers at their meeting on Monday approved signing a Memorandum of Understanding (MoU) between the Digital Economy Ministry and the National University of Singapore (NUS), paving the way for strategic collaboration in the field of Artificial Intelligence (AI).

1 min  |

July 23, 2025
Daily FT

Daily FT

Six airlines owe Rs. 27.6 b in unpaid embarkation levy: Deputy Minister

Civil Aviation Deputy Minister Janitha Kodituwakku reveals SriLankan Airlines is top defaulter with staggering Rs. 24.6 b in arrears, followed by AirAsia Berhad with Rs. 88 m, Aeroflot with Rs. 508 m, Air India with Rs. 57 m, Thai AirAsia with Rs. 221 m and Fits Aviation with Rs. 2.1 b

1 min  |

July 23, 2025

Daily FT

Malaysia Airlines to launch A330 wide-body flights to Colombo from August

MALAYSIA Airlines has announced the addition of three weekly wide-body flights to Colombo, Sri Lanka, starting from 22 August, in response to increasing passenger demand on its regional network.

1 min  |

July 23, 2025

Daily FT

Transparency International challenges National Audit (Amendment) Bill in SC

THE Transparency International Sri Lanka (TISL) yesterday filed legal action in the Supreme Court challenging the National Audit (Amendment) Bill which was published in the gazette on 23 June 2025.

2 min  |

July 23, 2025
Daily FT

Daily FT

Expectations and disappointments

IT is nearing 11 months since Anura Kumara Disanayake became President and nine months since the JVP-NPP coalition was put in power with an unassailable two-third majority in Parliament. Both were made possible by a new generation of Sri Lankans awakened by an accelerating desolation of the country’s democratic governance, economic development and its socio-cultural heterogeneity.

5 min  |

July 23, 2025

Daily FT

HRCSL submits parallel report to United Nations Committee on Enforced Disappearance

Reveals over 27,000 cases of missing persons considered by past commissions of inquiry

3 min  |

July 23, 2025

Daily FT

CSE CEO appointment referred to AG's opinion over conflict of interest

THE appointment of the Chief Executive Officer (CEO) at the Colombo Stock Exchange (CSE) has been referred to the Attorney General (AG) for an opinion over alleged conflict of interest.

2 min  |

July 23, 2025
Daily FT

Daily FT

SL urged to build shared compliance framework for export survival

Legal expert Shyamali Ranaraja calls for national action on EU due diligence law; proposes collaborative model involving Govt., JAAF, EDB, NCE and others to build reporting and compliance mechanism Suggests revisiting idea of Sri Lanka-specific compliance standard, possibly under SLSI, to meet evolving global due diligence expectations Highlights exporters' risk exclusion from EU supply chains unless urgent, coordinated action is taken Notes cost and complexity of compliance too high for MSMEs to manage alone, calling for collective responsibility Points to importance of centralised platforms for monitoring environmental and human rights standards, enabled by digital tools like blockchain, QR traceability and digital product passports Asserts exporters not wait for EU buyers to demand documentation, as retrospective compliance will be expected

4 min  |

July 23, 2025

Daily FT

EGYPT'S RENAISSANCE: BUILDING A NEW HORIZON

Ancient legacy, modern ambition: Egypt forges a new horizon of growth and global influence

7 min  |

July 23, 2025
Daily FT

Daily FT

Embassy of Sri Lanka in Hanoi hosts tourism promotional seminar to boost travel cooperation with Vietnam

THE Embassy of Sri Lanka in Hanoi successfully hosted a tourism promotional seminar on 14 July, to strengthen tourism ties between Vietnam and Sri Lanka and to promote Sri Lanka as an exciting and diverse destination for Vietnamese travellers.

1 min  |

July 23, 2025