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Daily FT

Daily FT

Recognising progress, encouraging accountability: CFA Society Sri Lanka Unit Trust Award framework

THE Best Unit Trust Fund award was first presented at the CFA Society Sri Lanka Capital Market Awards back in 2016, with the objective of recognising and rewarding fund management companies that place unit holders’ interests first, whilst providing adequate disclosures to existing and prospective unit holders to make informed decisions, adopting strong risk management and compliance practices, and implementing best practices in asset management including research which contributes to effective investment decisions.

2 min  |

June 09, 2025

Daily FT

President orders probe into unauthorised release of prisoner without executive pardon

THE President’s Media Division has announced that the President’s Office has lodged a complaint with the Criminal Investigation Department (CID) regarding the release of a prisoner who was not granted a Presidential Pardon.

1 min  |

June 09, 2025
Daily FT

Daily FT

Sri Lanka Business Council hosts grand welcome for new envoy in UAE

Prof. Arusha Cooray becomes first female Ambassador from Sri Lanka to the Gulf region

2 min  |

June 09, 2025

Daily FT

Customs launches Vehicle Verification Portal

SRI Lanka Customs has launched a new web-based service to provide detailed information about vehicles available in the market.

1 min  |

June 09, 2025

Daily FT

Sarvodaya Development Finance to issue first-ever Sustainable Bonds to raise Rs. 2 b

SARVODAYA Development Finance PLC is to issue Sri Lanka’s first-ever Sustainable Bonds to raise Rs. 2 billion.

1 min  |

June 09, 2025
Daily FT

Daily FT

EDB outlines trade potential and ethical manufacturing strengths

THE Export Development Board (EDB) Chairman Mangala Wijesinghe spotlighted Sri Lanka’s trade potential and ethical manufacturing strengths at the recently concluded ‘Sri Lanka-China Investment and Trade Forum 2025’.

2 min  |

June 09, 2025
Daily FT

Daily FT

Last year's finalists NCC, Bloomfield make it to quarter-finals

LAST year’s finalists — defending champions NCC and Bloomfield along with Moors SC, Panadura SC, CCC, BRC, Colts and Tamil Union have qualified for the quarter-finals of the SLC Major Clubs T20 following the completion of the group matches yesterday.

3 min  |

June 09, 2025

Daily FT

AIA Insurance celebrates sixth year as Best Life Insurance Company in Sri Lanka

AIA Sri Lanka has once again been honoured as the Best Life Insurance Company in Sri Lanka for the sixth time by both internationally renowned awarding bodies, Capital Finance International (CFI) and Global Banking and Finance Review (GBFR).

2 min  |

June 09, 2025
Daily FT

Daily FT

Dialogue on ‘Credit and Capital: Building Trust through Ratings and Regulations’

THE International Financial Services Centres Authority (IFSCA), Government of India, NSE International Exchange (NSE IX), and CareEdge Global, in collaboration with the High Commission of India in Colombo, Indo-Lanka Chamber of Commerce and Industry (ILCCI), TWCorp Ltd., and the Indian CEO Forum (ICF), organised an event titled 'Credit and Capital: Building Trust through Ratings and Regulations' on 6 June in Colombo.

1 min  |

June 09, 2025
Daily FT

Daily FT

Empowering Sri Lanka's apparel sector through sustainability, innovation, and inclusion

SRI Lanka's apparel industry has long stood as a cornerstone of the country's export economy—renowned globally for ethical manufacturing, skilled craftsmanship, and resilient supply chains. Now, as global markets shift rapidly towards sustainability, digitalisation, and social responsibility, Sri Lanka is once again stepping forward with purpose.

3 min  |

June 09, 2025

Daily FT

Jevahn and Reshan to tee off in Jakarta

TWO of Sri Lanka's finest junior golfers, Jevahn Sathasivam and Reshan Algama, will represent the country at the upcoming Ciputra Golfpreneur Junior World Championship in Indonesia from 10 to 12 June.

1 min  |

June 09, 2025
Daily FT

Daily FT

Maxtherm Lanka saves valuable forex through sustainable energy innovations

MAXTHERM Lanka Ltd., a leader in sustainable thermal energy solutions, has helped Sri Lanka save valuable foreign exchange by significantly reducing the country's dependence on imported fossil fuels.

2 min  |

June 09, 2025

Daily FT

Sri Lanka's first survey on taxpayer awareness reveals big gaps in understanding rights and obligations

ICCSL report urges more inclusive, trust-based approach to tax education

2 min  |

June 09, 2025
Daily FT

Daily FT

Deep water bunkering terminal at Port of Colombo:

Feasibility and economic impact – Part 1

10 min  |

June 09, 2025

Daily FT

Asylum seeker 'who recruited child soldiers' wins appeal to stay in Britain

■Legal victory despite being refused refugee status in France for being alleged war criminal

2 min  |

June 09, 2025
Daily FT

Daily FT

Sri Lanka online safety and personal data protection: Thoughts for our legislators towards bipartisan consensus

WHILE yet overseas, I was alerted to the parliamentary debate last week, in connection with amendments to our Personal Data Protection Act.

9 min  |

June 09, 2025
Daily FT

Daily FT

Ramanika Unamboowe joins HNB Finance Board

TOP professional Ramanika Unamboowe has joined HNB Finance PLC as an Independent Non-Executive Director.

1 min  |

June 09, 2025
Daily FT

Daily FT

British Council, HSBC and Education Ministry complete English Communication Skills for Remote Delivery Project

THE British Council, in collaboration with HSBC and the Education Ministry, held an Awards Ceremony recently, to commemorate the successful completion of the English Communication Skills for Remote Delivery Project (ECSRD) 2025.

2 min  |

June 09, 2025
Daily FT

Daily FT

Sri Lanka marks milestone in sustainable tourism with Sigiriya

SRI Lanka is making significant strides in the global movement towards sustainable tourism, with several key initiatives now reaching critical milestones.

2 min  |

June 09, 2025
Daily FT

Daily FT

Visa drives digitisation and economic growth through effective partnerships

SRI Lanka’s cashless journey has accelerated greatly, buoyed by increasing internet penetration and a projected $ 2.8 billion ecommerce market by 2024. For over 37 years, Visa has championed digital payments and financial inclusion, collaborating with banks, consumers, and businesses in Sri Lanka’s economic landscape.

1 min  |

June 09, 2025

Daily FT

Teaching English to underprivileged students by English-Speaking Union of Sri Lanka

THE English-Speaking Union of Sri Lanka (ESU) launched its new project recently to teach English to underprivileged students, free of charge.

1 min  |

June 09, 2025

Daily FT

Hayleys signs PPA for 50 MW wind power project with $ 50 m investment

HAYWIND One Ltd., said last week it signed a Power Purchase Agreement (PPA) with the Ceylon Electricity Board on 28 May for a 50 MW wind power project located in Mannar under the Build, Own and Operate model.

1 min  |

June 09, 2025
Daily FT

Daily FT

MullenLowe's Harendra Uyanage awarded inaugural Next Generation Leader Scholarship to Cannes Lions

AT a special ceremony held in Colombo recently, MullenLowe Group Sri Lanka Senior Vice President and Executive Creative Director Harendra Uyanage, was named the first-ever recipient of the Next Generation Leader scholarship.

1 min  |

June 09, 2025

Daily FT

Cambridge hosts South Asia Schools Conference to navigate future of learning

THE International Education group at Cambridge University Press and Assessment hosted its second annual South Asia Cambridge Schools Conference, bringing together 400 educators, school and thought leaders from India, Nepal, Sri Lanka, Bhutan, Bangladesh, and the Maldives.

2 min  |

June 09, 2025
Daily FT

Daily FT

SLCB organises forum on role of digital marketing in advancing business and MICE Events

THE Sri Lanka Convention Bureau (SLCB) successfully organised an educational session titled “Connecting digital marketing for successful business/MICE Events” on 26 May at the Sri Lanka Institute of Tourism and Hotel Management Auditorium.

1 min  |

June 09, 2025

Daily FT

Dangerous precedent for judicial integrity

LAST week, former Chief Justice Jayantha Jayasuriya presented his credentials as Sri Lanka’s Permanent Representative to the United Nations (PRUN) in New York representing not just a troubling development for the judicial system, but a step backward for the country’s democratic and legal institutions. Jayasuriya’s appointment sends a disturbing message to all serving judges who are meant to be independent of the executive: the price for serving the Government’s interests is not just political survival, it’s the promise of a cushy, high-profile post in retirement. In other words it is a bribe to the judiciary.

3 min  |

June 09, 2025
Daily FT

Daily FT

SLIIT celebrates academic excellence at Convocation

SLIIT, recognised as Sri Lanka’s No. 1 non-State university, standing third nationwide in Times Higher Education World University Rankings 2025, successfully concluded its March 2025 Convocation recently.

1 min  |

June 09, 2025
Daily FT

Daily FT

Radisson Hotel Colombo welcomes Spanish influencer group on Sri Lanka familiarisation tour

RADISSON Hotel Colombo recently hosted a group of renowned Spanish bloggers and social media influencers, marking the beginning of their familiarisation tour of Sri Lanka organised by the Sri Lanka Tourism Promotion Bureau (SLTPB).

1 min  |

June 09, 2025
Daily FT

Daily FT

Indian Ocean Region: Missed opportunity for Sri Lankan leadership

THE Indian Ocean Region—home to 35% of the world's population across 36 nations—stands as the backbone of global commerce. With 70,000 km of coastline and over 100,000 ships transiting annually, carrying 50% of global containerised cargo and 42% of crude oil, this region holds immense strategic weight.

3 min  |

June 09, 2025
Daily FT

Daily FT

World Environment Day at Taj Samudra, Colombo

IN celebration of World Environment Day, Taj Samudra, Colombo reaffirmed its commitment to sustainability and environmental stewardship by organising a meaningful tree planting activity at the North Lawns of the hotel on 5 June.

1 min  |

June 09, 2025