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Newspaper

Daily FT

Daily FT

Pango's Bunwiches launches third outlet in Mt. Lavinia

A unique culinary concept with a purpose

2 min  |

June 04, 2025
Daily FT

Daily FT

RCB and Kohli finally IPL champs

ROYAL Challengers of Bangalore (RCB) last night clinched the coveted 2025 Indian Premier League for the first time beating Punjab Kings by six runs in a tensed final.

1 min  |

June 04, 2025

Daily FT

Not-doing-stupid-stuff governance

FATHIMA Rashla's family was expelled from Jaffna by the LTTE in 1990. She was born in a Puttalam refugee settlement five years later and returned to Jaffna in 2004. Last month, the ITAK made the momentous decision to award a bonus seat in the Jaffna Municipal Council to Rashla, a primary school teacher. She is the first Muslim woman to become a member of a local government authority in Jaffna.

8 min  |

June 04, 2025

Daily FT

Amana Bank wins gold at LankaPay Technnovation Awards

AMANA Bank announced that they have once again won the Gold Award for Best Common ATM Enabler of the Year (Category C) at the recently concluded LankaPay Technnovation Awards 2025. This recognition is a testament to the Bank's continued commitment to advancing payment technology and delivering seamless, innovative banking solutions for its customers.

1 min  |

June 04, 2025

Daily FT

CEB announces exit of Dr. Tilak Siyambalapitiya; new Chairman is Energy Secy. Prof. Hemapala

ENDING speculation and uncertainty Dr. Tilak Siyambalapitiya has formally resigned as the Chairman of the Ceylon Electricity Board (CEB) and Eng. (Prof.) K.T.M.U. Hemapala has been appointed as his successor. Hemapala is also the Secretary of the Power and Energy Ministry.

1 min  |

June 04, 2025

Daily FT

Education Ministry charts new course for education to drive inclusive economic growth

Prime Minister Harini Amarasuriya announces education reforms under the 2026 National Education Reform Program - focusing on inclusivity, quality, and accessibility Says English will be redefined as a tool for opportunity, shifting from exam-based learning to fluency-focused instruction while preserving the need for Tamil and Sinhala Plans include expanding English medium schools from 825 to 1,000 and improving bilingual teacher training to build a multilingual and globally competitive workforce Notes development schemes for teachers will be overhauled after 16 years to incorporate digital literacy and inclusive pedagogies Says a National Task Force on Digital Education will drive tech integration, digital equity, and online safety especially to enhance English learning The reforms call for unified action from Government, development partners, and the private sector to create equitable, future-ready education for all Sri Lankan youth

3 min  |

June 04, 2025
Daily FT

Daily FT

Govt. increases housing grants for war-affected families in North and East

Cabinet approves to increase grant for construction of a 550 sq. ft. house from Rs. 1.1 m to Rs. 1.5 m and for a 340 sq. ft. house from Rs. 650,000 to Rs. 900,000 Aims to reduce financial burden on conflict-affected families, leaving them to contribute only Rs. 100,000 or Rs. 50,000 Cabinet Spokesman and Minister Dr. Nalinda Jayatissa says so far, 274,728 families have been resettled, with 150,488 houses built across eight districts Notes estimated 16,759 houses still need to be constructed for families displaced prior to 2009

1 min  |

June 04, 2025
Daily FT

Daily FT

EDB hosts networking session for new exporters and entrepreneurs

THE Export Development Board (EDB) successfully conducted a networking and knowledge-sharing session with established exporters in five different product sectors (tea, spices and coconut-based products, processed foods and cashew products, ornamental fish, and herbal and ayurvedic products) for new exporters and entrepreneurs on 22 May 2025 at the \"Training Arena,\" 3rd Floor, EDB-NDB Tower, Colombo 02. This event provided an excellent opportunity for new exporters to learn directly from industry leaders and gain practical insights.

1 min  |

June 04, 2025
Daily FT

Daily FT

Celebrating 191st feast of St. Anthony of Padua at Kochchikade, Colombo

St. Anthony's Shrine, Kochchikade, Colombo to celebrate its 191st annual feast on 12 and 13 June 2025

5 min  |

June 03, 2025
Daily FT

Daily FT

Govt. kicks off National Tax Week with noble call

THE Government yesterday kicked off the 'National Tax Week,' aimed at strengthening compliance and broadening the base, with President Anura Kumara Disanayake assuring that a new political culture has been created to ensure taxpayers' money is not wasted or misused.

3 min  |

June 03, 2025

Daily FT

Secondary bond market yields consolidate

THE secondary bond market kicked off the week with yields trading sideways, fluctuating within a narrow band.

1 min  |

June 03, 2025

Daily FT

BASL urges prompt appointment of RTI Commission Chairperson

THE Bar Association of Sri Lanka (BASL) recently called on the Constitutional Council to take immediate action to fill the vacant position of the Right to Information (RTI) Commission Chairperson, highlighting the growing concern over the Commission's ability to function effectively in the absence of its Chief.

1 min  |

June 03, 2025
Daily FT

Daily FT

SUNGROW continues E.B. Creasy Solar collaboration with launch of energy storage systems

SUNGROW, a global leader in the solar energy industry, having partnered with E.B. Creasy Solar, the renewable energy arm of E.B. Creasy & Co., PLC, celebrated the launch of SUNGROW Energy Storage Systems for the first time on the local market.

1 min  |

June 03, 2025

Daily FT

Ambeon-linked ATX Partners, ARCASIA buy 58% stake of Alpha Fire

A consortium comprising ATX Partners and ARCASIA Investments and Trading Ltd., yesterday bought 58% stake in Alpha Fire Services (AFS) for over Rs. 220 million.

2 min  |

June 03, 2025

Daily FT

National Credit Guarantee Institution debuts in boost to MSMEs

NCGIL aims to support MSME lending by providing partial credit guarantees, helping creditworthy but collateral-poor businesses

2 min  |

June 03, 2025

Daily FT

THE ROLE OF LIQUIDITY FOR EFFECTIVE MONETARY POLICY AND FINANCIAL STABILITY

Monetary policy refers to the measures taken by a central bank to influence the cost and/or availability of money for the purpose of controlling inflation, with the broader aim of ensuring stability of the economy. One of its key operational aspects of monetary policy is managing ‘liquidity’ in the banking system to maintain orderly market conditions and support policy transmission.

7 min  |

June 03, 2025

Daily FT

Symphony or damn?

FOLLOWING the mega blockbuster hit Knockout Tourney revived by the ingenious minds at the Sri Lanka Schools Rugby Football Association (SLSRFA), the anticipation for the Schools Rugby League has rekindled fires of hope and aspiration in the hearts of the rugby loving masses in Sri Lanka.

5 min  |

June 03, 2025

Daily FT

May tourist arrivals hit all-time high for the month but registers lowest footfall so far in 2025

Sri Lanka welcomes 132,919 tourists in May 2025, marking highest May arrivals in history and 19% YoY growth

2 min  |

June 03, 2025
Daily FT

Daily FT

Health and wealth priced out by bad advice

IN the past two months alone, nearly Rs. 600 million worth of illicit cigarettes were detected at entry points, highlighting a surge in cigarettes smuggled into the country.

2 min  |

June 03, 2025
Daily FT

Daily FT

Solutions Ground and PR Wire partner

PR Wire Sri Lanka, a member of Wire Communication Consultancy Holdings (WCCH), has entered a strategic partnership with Solutions Ground Ltd., enhancing corporate advisory and communications services in Sri Lanka and globally.

2 min  |

June 03, 2025

Daily FT

Thilina and Panchali regain form to emerge PDBA Open Badminton champions

THILINA Rajakaruna and Panchali Adhikari shuttled their way to emerge as Men's and Women's Open Singles champs at the Puttalam District All-Island Open Badminton Championships 2025, which concluded at the Sir Albert F. Peiris Indoor Sports Complex in Wennappuwa yesterday.

4 min  |

June 03, 2025

Daily FT

NDB Bank reaffirms support for Royal Rugby for fourth consecutive year

NDB Bank announced its continued support for Royal College Rugby as the Event Co-Sponsor for the Royal Rugby Season, marking the fourth consecutive year that NDB has partnered with Royal College. The partnership was officially announced at a press conference held recently at Courtyard by Marriott, Colombo, in anticipation of an exhilarating season ahead.

1 min  |

June 03, 2025

Daily FT

SLIM crowns national champions at Cannes Young Lions 2025 – Sri Lanka

THE Sri Lanka Institute of Marketing (SLIM) successfully concluded the Cannes Young Lions 2025 – Sri Lankan Marketers' Competition recently at the SLIM Business School, Colombo.

1 min  |

June 03, 2025
Daily FT

Daily FT

Climate messaging went to Cannes and wore a dress

THIS year at Cannes, something unusual unfolded on the red carpet. Between the shimmer of sequins and the glamour of couture, a qui eter but far more urgent story made its way into the spot light. It wasn't about celebri-

2 min  |

June 03, 2025

Daily FT

Recognising 'best of the best' — HSBC Future Lions Junior Golf Awards

THE Junior Golf Development Sub Committee hosted the ‘best of the best’ of junior golfers at the HSBC Future Lions Golf awards in partnership with HSBC and Sri Lanka Golf on 23 May 2025. The event was attended by HSBC Sri Lanka CEO.

1 min  |

June 03, 2025

Daily FT

The Technocity charts Sri Lanka's AI future with high-level strategic presence at Computex 2025

A forward-looking Senior Mnagement Team from The Technocity Ltd., one of Sri Lanka’s foremost IT distribution companies, recently made a strategic visit to Computex 2025 in Taipei, aligning the company’s growth trajectory with the latest global advances in Artificial Intelligence (AI) and digital infrastructure.

1 min  |

June 03, 2025
Daily FT

Daily FT

CDS and Sampath Bank sign MoU to streamline foreign investor onboarding through digital integration

THE Central Depository Systems Ltd., (CDS), a wholly owned subsidiary of the Colombo Stock Exchange (CSE), signed a Memorandum of Understanding (MoU) with Sampath Bank to enhance the facilitation of Inward Investment Accounts (IIAs) for non-resident foreign individuals (FIs) in Sri Lanka.

1 min  |

June 03, 2025
Daily FT

Daily FT

Investor's love for Sri Lanka – Binod Chaudhary

BINOD Chaudhary, Nepal’s pioneering entrepreneur and Chairman of CG Corp Global, first set foot in Sri Lanka during one of its most challenging chapters—the height of the civil war.

3 min  |

June 03, 2025
Daily FT

Daily FT

Empowering minds: Andrew Bryant ignites NHRC 2025 stage with call for self-leadership in changing world

AT the heart of the National HR Conference 2025, organised by the Chartered Institute of Personnel Management (CIPM) Sri Lanka, international keynote speaker Andrew Bryant delivered a captivating and thought-provoking address on the power of self-leadership in transforming individuals, institutions, and nations.

2 min  |

June 03, 2025

Daily FT

FFSL reserves mammoth amount for upcoming calendar year

FOOTBALL Federation of Sri Lanka (FFSL) has reserved a mammoth amount of funds - close to Rs. 1 billion - to run their affairs in the upcoming calendar year, which was approved by their stakeholders at their Annual Congress held last Saturday in Colombo.

1 min  |

June 03, 2025