Newspaper
Daily FT
Rajitha remanded till 9 September over Kirinda Harbour case
FORMER Fisheries Minister Rajitha Senaratne was yesterday ordered to be remanded till 9 September by Colombo Chief Magistrate Asanga S. Bodaragama in connection with a corruption case linked to the Kirinda Fisheries Harbour project.
1 min |
August 30, 2025
Daily FT
Banks warn customers over rising phishing scams
SEVERAL Sri Lankan banks have issued fresh warnings to customers about an increase in phishing scams targeting online banking users.
1 min |
August 29, 2025
Daily FT
Sarvodaya Development Finance secures $ 4 m funding
SARVODAYA Development Finance PLC (SDF) has secured a senior loan facility of $ 4 million through investment management company Triple Jump, funded by ASN Microkredietpool (AMP). Funds will be disbursed in tranches.
1 min |
August 29, 2025
Daily FT
Siyapatha Finance to raise Rs. 4 b via listed debenture issue
SIYAPATHA Finance PLC has announced plans to raise Rs. 4 billion via a listed debenture issue.
1 min |
August 29, 2025
Daily FT
NSB posts highest group PBT of Rs. 25.5 b in 1H 2025
Total deposits increase to Rs. 1.6 t Stage 3 loans ratio reduces to 2.83% Capital Adequacy Ratio at 27%
3 min |
August 29, 2025
Daily FT
Colombo stock market overcomes volatility to close on the up
THE Colombo stock market yesterday managed to close marginally up after an erratic day of investor sentiments amidst high turnover.
1 min |
August 29, 2025
Daily FT
Banking sector Willingness to Lend Index up in Q2, to moderate in Q3 2025
A new Central Bank of Sri Lanka (CBSL) report last week said the banking sector's Willingness to Lend Index grew in the second quarter of 2025, continuing a nine-quarter upward trend to reach a five-quarter high.
4 min |
August 29, 2025
Daily FT
US Fed Governor Lisa Cook sues Trump over firing attempt
US Federal Reserve Governor Lisa Cook has sued President Donald Trump over his attempt to fire her, setting up a potential legal battle with implications for the US central bank’s autonomy.
2 min |
August 29, 2025
Daily FT
Parliament oversight committee calls for Sahasdhanavi LNG power project price revision
THE Parliament Secretariat yesterday said that the Sectoral Oversight Committee on Infrastructure and Strategic Development called for a revision of the prices approved for the Kerawalapitiya Sahasdhanavi Liquefied Natural Gas (LNG) Power Plant to reflect current market conditions.
1 min |
August 29, 2025
Daily FT
President links industry protection to affordable products for local buyers
PRESIDENT Anura Kumara Disanayake strongly hinted this week that while manufacturers may need protection to grow and expand exports, such measures must also ensure local consumers have access to affordable, high-quality products.
2 min |
August 29, 2025
Daily FT
Sri Lanka signals strong FDI reforms intent
THE Government and the Board of Investment (BOI) have signalled a strong intent to strengthen laws, improve interagency coordination, and digitalise approval processes to make the country more competitive as a destination for Foreign Direct Investment (FDI). The reforms are aimed at building investor confidence by improving predictability, transparency, and the speed of approvals.
3 min |
August 29, 2025
Daily FT
HNB goes for Sustainability Bonds to raise Rs. 10 b
HATTON National Bank PLC (HNB) yesterday announced plans to raise a maximum of Rs. 10 billion via the issuance of Sustainability Bonds.
1 min |
August 29, 2025
Daily FT
The Great Divide
“Turning and turning in the widening gyre
2 min |
August 29, 2025
Daily FT
Marianne Page appointed to CT Holdings Board
MARIANNE Page, a pioneer in promoting Sri Lanka as an investment destination to foreign institutional investors since the early 1990’s has been appointed as a Non-Independent Non-Executive Director of conglomerate CT Holdings PLC
1 min |
August 29, 2025
Daily FT
Browns EV powers Sri Lanka's green mobility with Wuling deliveries
SRI Lanka's journey toward sustainable mobility reached a significant milestone as Browns EV, ceremoniously handed over 90 Wuling electric vehicles, featuring the sleek Wuling Binguo and the versatile Wuling Cloud, to new owners at a grand event held yesterday at the Browns EV showroom in Darley Road, Colombo.
2 min |
August 29, 2025
Daily FT
We want to finish ODIs on a good note – Jayasuriya
Sri Lanka to go with 7-4 combination for first ODI today
1 min |
August 29, 2025
Daily FT
Kandy Myst by Cinnamon sets benchmark as first LEED Gold certified hotel In Kandy
KANDY Myst by Cinnamon, the newest addition to the Cinnamon Hotels & Resorts portfolio developed in partnership with Indra Traders Ltd., has become the first hotel in Kandy to be awarded the prestigious LEED (Leadership in Energy and Environmental Design) Gold certification under the globally recognised LEED v4 Building Design and Construction (BD+C) rating system. This milestone reflects the hotel’s strong commitment to advancing sustainability, protecting the environment, and fostering the well-being of its guests and community.
2 min |
August 29, 2025
Daily FT
PickMe partners University of Moratuwa to drive indigenous innovation in mobility tech sector
PICKME, has entered into a landmark research collaboration with the University of Moratuwa in a move that could redefine the future of homegrown technology innovation in the country.
2 min |
August 29, 2025
Daily FT
WCIC launches Prathibhabhisheka Women Entrepreneur Awards 2025
THE Women's Chamber of Industry and Commerce (WCIC) has launched its annual flagship event, the \"WCIC Prathibhabhisheka Women Entrepreneur Awards 2025.
3 min |
August 29, 2025
Daily FT
Douglas & Sons and Yuasa Asia strengthen commitment to powering local automotive industry
YUASA, one of Japan’s globally reputed battery brands, and its sole distributor in Sri Lanka, Douglas & Sons Ltd., (DSL) recently hosted an event to reaffirm their longstanding partnership and shared commitment to powering the nation’s automotive industry.
1 min |
August 29, 2025
Daily FT
Are tobacco taxes still a reliable source of revenue?
TOBACCO taxes have been a cash cow for governments around the world. World Health Organisation (WHO) data suggest that combined annual global taxes on cigarettes are approaching $1 trillion. In many countries, however, cigarette tax collections shrink each year because fewer people smoke. This tremendous win for public health should be a cause for celebration.
5 min |
August 29, 2025
Daily FT
Ranil and the rigours of anew republicanism
WHILE the public debate still rages hotly, private reflections which don’t get liked or attacked on social media may be the order of the day a week and more after the arrest and remanding of a former executive president of Sri Lanka.
5 min |
August 29, 2025
Daily FT
Closing gender gap is economic strategy, boosts country’s GDP: Prime Minister
THE United Nations Population Fund (UNFPA) Sri Lanka, on Wednesday launched a series of evidence-based reports at a forum under the banner — ‘Unlocking the Gender Dividend: Driving Policy Change Through Knowledge’.
3 min |
August 29, 2025
Daily FT
Salesforce launches 'Agentforce for Revenue'
Says Al-powered solution embedded within its all-new Revenue Cloud cuts sales quoting time by 75%, dramatically reduces manual work for sales teams
2 min |
August 29, 2025
Daily FT
Uga Prava opens in Tangalle
UGA, the boutique Sri Lankan hotel group renowned for its world-class hospitality, recently opened its seventh property, Uga Prava, in July. Commenting on the property, Uga Owner and Managing Director Priyanjith Weerasooria, said: “We are thrilled to unveil the latest addition to our portfolio of boutique Sri Lankan hotels, Uga Prava, which follows the launch of Uga Halloowella, Hatton. Set on one of our nation’s most beautiful beaches, the property embodies the essence of modern minimalist design while remaining deeply connected to the tropical beauty of its setting. At Uga Prava, our guests are invited to slow their pace, to pause amidst the palm trees and ocean breeze, and reconnect with loved ones, as the warmth of Uga’s award-winning hospitality and the beauty of the south coast provide the perfect backdrop for reflection and renewal.”
1 min |
August 29, 2025
Daily FT
Intrepid Travel's Sri Lanka GM Poornaka Delpachitra recognised as 2025 PATA Face of the Future awardee for sustainability initiatives
INTREPID Travel recently celebrated the recognition of Intrepid Travel Sri Lanka Country General Manager Poornaka Delpachitra, as a 2025 PATA Face of the Future awardee.
1 min |
August 29, 2025
Daily FT
Uma Rajamantri installed as 39th President of Rotary Club of Colombo Mid-City
THE Rotary Club of Colombo Mid-City recently held its 39th Presidential Installation at Hilton Colombo, where Uma Rajamantri was inducted as President for 2025-26, alongside her newly appointed Board of Directors, in the presence of distinguished Past District Governors and District Governor-Elect Kumar Sundaraj, as well as corporate leaders.
1 min |
August 29, 2025
Daily FT
David Pieris 'A' face Teejay Lanka in MCA 'C' Division Final on Sunday
THE high riding, David Pieris Motor Co. \"A\" will take on the revenge seeking, Teejay Lanka, in the fifth NDB MCA \"C\" division 50-over League / White ball / Coloured Clothing Tournament 2025 Final, on Sunday, 31 August at the MCA grounds, commencing 9:45 a.m.
1 min |
August 29, 2025
Daily FT
Due process and power: Lessons from arrest of Ranil Wickremesinghe
THE arrest of former President Ranil Wickremesinghe has provoked much debate between his supporters who see it as a case of political victimisation and others who see it as a case of the law now being applied to people who were previously above the law.
2 min |
August 29, 2025
Daily FT
Hasaranga named in Sri Lanka’s Asia Cup squad
LEG-SPIN all-rounder Wanindu Hasaranga who was forced to miss the ongoing white ball tour of Zimbabwe due to a right hamstring injury has been included in Sri Lanka’s 16-man squad named for next month’s Asia Cup in the UAE.
1 min |