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Daily FT

Daily FT

Sri Lanka's first helical anchor manufacturing facility opens

Pioneering move by Ceylon Energy in collaboration with Hubbell Power Systems to revolutionise construction with sustainable, cost-effective foundation technology

2 min  |

May 27, 2025
Daily FT

Daily FT

Operationalising Defence MoU

Now that it is signed, focusing on creating effective operational mechanisms and systems may be the best solution

10+ min  |

May 27, 2025
Daily FT

Daily FT

Repeal PTA and adopt balanced approach to security and liberty

REPEAL versus replace the case for repeal of the Prevention of Terrorism Act No. 48 of 1979 (PTA) is overwhelming. Some of the causes are its negative impact on human rights, constitutional governance and legal norms.

4 min  |

May 27, 2025

Daily FT

Jacqueline Fernandez...

This exciting collaboration brings together a global icon and a visionary Sri Lankan brand, signalling a new era of growth, innovation, and style in Sri Lanka's property landscape.

1 min  |

May 27, 2025
Daily FT

Daily FT

Secondary Bond market starts off strong; Yields nosedive

Details of Rs. 200 b T-bond auction announced Rupee depreciates marginally

1 min  |

May 27, 2025
Daily FT

Daily FT

CHEC Port City appoints CH17 CEO Jumar Preena as Investment Promoter

THE CHEC Port City Colombo has appointed CH17 Loyalty Founder and CEO Jumar Preena as an official promoter for Port City’s Special Economic Zone (SEZ).

2 min  |

May 27, 2025
Daily FT

Daily FT

Secondary Bond market yields drop following Policy Rate cut

THE Secondary Bond market last week saw rates initially move up on the back of a combination of profit-taking pressure, the news that the Ceylon Electricity Board (CEB) seeks to revise electricity tariffs, and some market participants adopting a risk-off approach ahead of Monetary Policy Review No. 3 of 2025.

2 min  |

May 26, 2025
Daily FT

Daily FT

Sri Lanka in fresh push to resolve US tariff crisis

THE Government is making a fresh push to resolve the crisis with high tariff on exports by the President Donald Trump-led US Government.

1 min  |

May 26, 2025

Daily FT

Govt. promises action against assault of travel vlogger

THE Government yesterday acknowledged the incident involving Joseph James Weber, a well-known travel vlogger and owner of The Lost Joey, who was assaulted while travelling in Weligama, Matara.

1 min  |

May 26, 2025

Daily FT

ComBank and MD/ CEO clinch top honours as 'Sri Lanka's Best' from The Asian Banker

THE Commercial Bank of Ceylon and its Managing Director/CEO Sanath Manatunge have been named the 'Best Managed Bank' and the 'Best Bank CEO'in Sri Lanka respectively by The Asian Banker (TAB) magazine, bestowing on them two prestigious accolades that are presented once in every three years.

2 min  |

May 26, 2025

Daily FT

KDU to lose billions due to snap Govt. decision

IN a sudden and shocking move, the Government has closed the door on locally qualified G.C.E. Advanced Level (A/L) students for the Medical Degree at the Kotelawala Defence University (KDU) this year, depriving a large number of qualified students and causing a colossal income loss of approximately Rs. 2 billion.

1 min  |

May 26, 2025

Daily FT

Harvard foreign students face uncertainty as Trump plan to block enrolment

A judge has issued a temporary restraining order blocking the Trump administration's plan to strip Harvard University of its ability to enrol foreign students.

1 min  |

May 26, 2025

Daily FT

Illegal 'swim-with-whales' tours in Sri Lanka pose growing threat to marine life: Study

A preliminary study by Oceanswell led by Dr. Asha de Vos and funded by the Lanka Environment Fund (LEF), has uncovered the widespread and illegal practice of swim-with-whales tourism in Sri Lanka, raising serious concerns about its impact on the country’s marine life, particularly whale populations.

3 min  |

May 26, 2025

Daily FT

Kotagala to raise Rs. 762 m via Rights

KOTAGALA Plantations PLC is to raise Rs. 761.6 million via the issuance of Rights to part settle debt and fund working capital.

1 min  |

May 26, 2025

Daily FT

NEXT closure exposes antics of self-centred trade unionism

For all his decades of union activism, Anton Marcus also holds dubious credit of closing down several factories

3 min  |

May 26, 2025

Daily FT

NDB Bank partners SLIM as Official Banking Partner for SME Development Awards 2024

REAFFIRMING its commitment to the growth and empowerment of Sri Lanka's vital SME sector, NDB Bank has announced its role as the Official Banking Partner for the Sri Lanka Institute of Marketing (SLIM) SME Development Awards (SMEDA) 2024. This landmark partnership reflects NDB's continued dedication to recognising and supporting the entrepreneurial spirit and marketing excellence that drives the nation's small and medium enterprise landscape.

1 min  |

May 26, 2025

Daily FT

Queen of Cinema Malini Fonseka’s funeral today

THE funeral of iconic actress Malini Fonseka will be held today under State honours at Independence Square, Colombo 7.

1 min  |

May 26, 2025
Daily FT

Daily FT

Prima KottuMee Korean Ramen expands international reach

MAKING remarkable strides in global expansion, Prima KottuMee has introduced its Korean Ramen noodles to several prominent markets, including Australia, Italy, the Maldives, the United Arab Emirates (UAE), and the United Kingdom.

1 min  |

May 26, 2025

Daily FT

David Pieris Solar energises Leema Creations with mega scale solar installation

AT the forefront of fulfilling Sri Lanka's dynamic energy needs, David Pieris Solar Energy a trusted brand of David Pieris Renewable Energy Ltd. has successfully completed a mega scale rooftop solar installation at the factory premises of Leema Creations Ltd., a prominent name in the country's interior design solutions industry.

1 min  |

May 26, 2025
Daily FT

Daily FT

Sri Lanka’s trade paradox: Rising exports, declining terms of trade and growing deficit

IN 2024, Sri Lanka's merchandise exports increased from $ 11,911 million in 2023 to $ 12,772 million, marking a 7.2% growth, as illustrated in Table 01. This growth reflects the resilience of the country's export sector, which has shown remarkable strength amidst the challenges of the COVID-19 pandemic and the subsequent economic crisis during recent past. Nevertheless, several underlying aspects warrant closer examination.

3 min  |

May 26, 2025
Daily FT

Daily FT

Indian mining delegation visits Sri Lanka

A delegation led by the Mines Ministry, Government of India, comprising representatives from leading Indian public sector mining companies, visited Sri Lanka from 20-22 May to explore potential collaborations in the mines and minerals sector.

1 min  |

May 26, 2025

Daily FT

'X' users face endless loading screens as site faces global outage

X (formerly Twitter) experienced a major outage last Saturday that affected thousands of users worldwide.

1 min  |

May 26, 2025

Daily FT

EDB and New Zealand explore agri-exports boost

High Commission hosts successful Awareness Session on Market Access for Export Agricultural Products to New Zealand Market

1 min  |

May 26, 2025

Daily FT

IWS Logistics boosts efficiency and sustainability with KALMAR DCU80 from DIMO

DIMO, the authorised distributor for KALMAR equipment in the country, recently delivered the state-of-the-art KALMAR DCU80 Empty Container Handler (ECH) to IWS Logistics Ltd., one of Sri Lanka's premier private container depot operators.

1 min  |

May 26, 2025
Daily FT

Daily FT

Standard Chartered hosts 'Transact Digital - Corporate Masterclass'

Key initiative to educate and accelerate Sri Lanka's digital future

1 min  |

May 26, 2025

Daily FT

Harnessing Sri Lanka's biodiversity for national benefit

22 May marks World Biodiversity Day, a time to reflect on the importance of nature's variety and the urgent need to protect it. For Sri Lanka, this day holds special relevance as it is recognised as a biodiversity hotspot, home to a remarkable range of flora and fauna, much of it endemic, found nowhere else on Earth.

2 min  |

May 26, 2025
Daily FT

Daily FT

Hambantota International Port enhances vehicle clearance efficiency

HAMBANTOTA International Port Group (HIPG) has responded decisively to recent complaints regarding delays in vehicle clearance.

2 min  |

May 26, 2025
Daily FT

Daily FT

Get the killer off the road

For the offenders of certain identified traffic offences, make it compulsory that they watch an emotionally powerful movie

4 min  |

May 26, 2025
Daily FT

Daily FT

Djokovic makes more history with 100th singles title

A battling Novak Djokovic made another bit of tennis history as he clinched his 100th ATP singles title with a comeback victory over Hubert Hurkacz in Geneva.

1 min  |

May 26, 2025
Daily FT

Daily FT

Insights to forex regulations relating to investments in SL by non-residents

Institute of Chartered Corporate Secretaries of Sri Lanka CPD program tomorrow

1 min  |

May 26, 2025

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