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Daily FT
Sysco LABS Academy codes tech career possibilities for next generation
SYSCO LABS recently launched 'Sysco LABS Academy', a learning and mentoring initiative that immerses school students in the possibilities and realities of the tech industry and modern workplace dynamics.
1 min |
July 09, 2025
Daily FT
ISA 7th Regional Committee Meeting for Asia and Pacific Region set to advance regional partnerships
THE International Solar Alliance (ISA) will host the Seventh Regional Committee Meeting (RCM) for the Asia and the Pacific Region from 15-17 July in Colombo.
3 min |
July 09, 2025
Daily FT
Reshan shines at Rajawella
RESHAN Algama - 17 year old young golfer stamped his class on the opening day of the Sri Lanka Golf National Ranking Tournament, shooting a brilliant 2-under-par 71 at the picturesque Victoria Golf Resort in Rajawella.
1 min |
July 09, 2025
Daily FT
Leadership, purpose, and governance in changing world
Following are the remarks made by Dinesh Weerakkody, the new Chairman of the Sri Lanka Institute of Directors (SLID) at the 25th Anniversary and Annual Members' Meeting
2 min |
July 09, 2025
Daily FT
Excise Dept. gets new Commissioner General
This decision follows the impending retirement of U.L. Udaya Kumara Perera, a Special Grade Officer of the Sri Lanka Inland Revenue Service, who currently serves as Commissioner General of Excise. He is scheduled to retire from public service upon reaching the age of 60 on 10 July, 2025.
1 min |
July 09, 2025
Daily FT
Ad hoc policy shifts and renewable energy development
TWO weeks ago, the Federation of Renewable Energy Developers (FRED) at a press conference expressed its strong disapproval of the Government's decision to reduce feed-in tariffs for renewable energy projects, pointing out that ad hoc policy changes could disrupt the country's drive towards renewable energy.
2 min |
July 09, 2025
Daily FT
Cabinet directs Ministries to expedite completion of key development projects
THE Cabinet of Ministers at their meeting on Monday gave the green light for all Ministries and relevant authorities to take necessary steps to ensure the timely completion of ongoing large-scale development projects across the country, following a review of first-quarter progress for 2025.
1 min |
July 09, 2025
Daily FT
CSE indices lacklustre despite big deals via crossings boosting turnover to Rs. 8.8 b
THE Colombo stock market remained bearish yesterday despite a Rs. 3.2 billion worth 77% stake acquisition of East-West Properties by business leader Dhammika Perera.
1 min |
July 09, 2025
Daily FT
DFCC Bank strengthens commitment to rural economic empowerment through tea sector engagement
DFCC Bank is reaffirming its commitment to rural economic empowerment by driving financial awareness within Sri Lanka’s tea value chain.
1 min |
July 09, 2025
Daily FT
Asian Paints Causeway powers new chapter in Sri Lankan motorsport as Main Sponsor for Walawa Supercross 2025
ASIAN Paints Causeway has announced its role as the Main Sponsor for the highly anticipated Walawa Supercross 2025.
2 min |
July 09, 2025
Daily FT
IASL and IRCSL engage thousands in Matara through public engagement program
MARKING a first in Sri Lanka’s insurance sector, the Insurance Regulatory Commission of Sri Lanka (IRCSL) and the Insurance Association of Sri Lanka (IASL) jointly led a comprehensive, full-day public engagement program that brought together all insurance companies under a unified banner.
2 min |
July 09, 2025
Daily FT
Local industries demand for overhaul of e-commerce rules
LOCAL industries yesterday called for a comprehensive overhaul of the country's cross-border e-commerce framework, warning that gaps in Customs processes and policy loopholes are enabling tax evasion, distorting the local market, and threatening legitimate businesses.
3 min |
July 08, 2025
Daily FT
Donald Trump delays tariff deadline to 1 August
THE US is close to finalising several trade pacts in the coming days and will notify other countries of higher tariff rates by 9 July, US President Donald Trump said last week, with the higher rates set to take effect on 1 August.
1 min |
July 08, 2025
Daily FT
Sri Lanka faces 50,000 job loss risk amid looming US tariffs: FTZMA
SRI Lanka's economy could face a significant blow, with the Free Trade Zone Manufacturers' Association (FTZMA) yesterday cautioning that the proposed tariffs by US President Donald Trump may trigger the loss of up to 50,000 jobs in the initial phase and undermine the country's competitiveness across South and Southeast Asia.
1 min |
July 08, 2025
Daily FT
Advocata urges Govt. not to kill what's helping e-commerce customers; pushes for checkout tax reform
THE Advocata Institute yesterday urged the Government not to drive away what's helping consumers when it comes to e-commerce and recommended adopting a Vendor Collection Model.
2 min |
July 08, 2025
Daily FT
Colombo Dockyard to raise Rs. 13 b via Rights Issue
Proposed issue at Rs. 40 each per share is part of $ 53 m deal to bring in India's Mazagon to acquire controlling interest Post-announcement, DOCK share price dips by 14% to Rs. 80.90
2 min |
July 08, 2025
Daily FT
Secondary bond market yields hold steady
Rs. 72.50 b T-bill auction in focus Rs 200 b T-bond auction details announced Rupee depreciates
2 min |
July 08, 2025
Daily FT
Insight of economics: Push and pull factors
SRI Lanka is navigating in turbulent waters with uncertainties and risks in the midst of conflicts in the Middle East and Ukraine and changes to US export tariffs in the offing.
8 min |
July 08, 2025
Daily FT
Sri Lanka's rapid ageing: Challenge and opportunity
RETURNING to Sri Lanka after 17 years in June 2025, I was struck by how much has changed and by one reality that must not be ignored: Sri Lanka is ageing faster than most countries in the world.
4 min |
July 08, 2025
Daily FT
People's Bank holds People's Remittance Vaasi Kotiyai 2025 – Sanwathsara Pranama Draw
IN celebration of its 64th Anniversary, People’s Bank held the ‘People’s Remittance Vaasi Kotiyai 2025Sanwathsara Pranama Draw’ on 1 July at the bank’s Head Office in Colombo 02.
1 min |
July 08, 2025
Daily FT
Fashion visionary Prassanna Pathmanathan honoured on global stage
IN a moment of well-earned global recognition, Prassanna Pathmanathan, one of Sri Lanka’s foremost names in fashion and pageantry, was awarded the ‘Creative Visionary in Fashion and Pageantry’ title at the Passion Vista Glamour and Style Awards and Global Leadership Forum held recently at Waters Edge Hotel.
1 min |
July 08, 2025
Daily FT
Advocata...
Until June, it said, incoming parcels were taxed under an informal 'per kilo' system, where agents declared goods as personal effects and paid a flat fee.
2 min |
July 08, 2025
Daily FT
Insurance regulator kicks off nationwide awareness campaign from Matara
■Mass-scale initiative launched under the theme \"Insurance for All: For a Secure Future
3 min |
July 08, 2025
Daily FT
Singer Finance and DIMO forge strategic partnership to expand customer benefits
SINGER Finance PLC has entered into a strategic partnership with Diesel & Motor Engineering PLC (DIMO), to offer enhanced financial solutions to a wider customer base across the island.
1 min |
July 08, 2025
Daily FT
Pinch hitter dilemma forces Sri Lanka to recall tried and tested duo
■Dasun Shanaka, Chamika Karunaratne recalled to T201 squad for BD series ■Only uncapped player Eshan Malinga in 17-member squad
2 min |
July 08, 2025
Daily FT
Expedition-ready new Defender 110 Trophy Edition celebrates spirit of adventure
THE new Defender 110 Trophy Edition celebrates the return of the brand to international adventure challenge events and offers a range of recommended expedition accessories that make the vehicle the perfect companion for every expedition.
2 min |
July 08, 2025
Daily FT
India script inspiring first Test win at Edgbaston
REQUIRING seven wickets to win on the final day, Indian bowlers—led by Akash Deep, who registered his maiden ten-wicket haul—bowled England out for 271 to square the five-match series 1-1. India came into the second Test at Edgbaston with the history of not having won a single Test match at the venue and without having their premium bowler, Jasprit Bumrah, in the playing XI.
1 min |
July 08, 2025
Daily FT
Hong Kong China secure debut RWC 2027 berth in Australia as Sri Lanka licks its wounds
SRI Lanka's campaign in the Asia Rugby Emirates Men’s Championship 2025 fell agonisingly short, as back-to-back defeats to South Korea and the United Arab Emirates left the Island nation facing a relegation playoff.
2 min |
July 08, 2025
Daily FT
Union Assurance rewards Union Bank top performers
UNION Assurance, recently hosted an exclusive recognition event to honour the outstanding achievements of its top-performing team members from the Union Bank's Bancassurance channel.
1 min |
July 08, 2025
Daily FT
Nemantha and Sanjika appointed to PMF Finance Board
PMF Finance PLC has announced the appointment of Nemantha Nilhan Abeysinghe and Sanjika Perera as Non-Executive Non-Independent Directors of the company.
1 min |