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Daily FT

Daily FT

Golden mirage takes over City of Dreams Sri Lanka

City of Dreams Sri Lanka is set to ignite Colombo's festive season with “Signature Golden Mirage,” a breathtaking celebration inspired by the enchanting world of Arabian Nights and curated in honour of UAE National Day.

1 min  |

November 22, 2025
Daily FT

Daily FT

Sri Lanka showcases tourism, investment opportunities at Sydney Lions District 201N5 Conference

THE Sri Lanka High Commission in Australia successfully promoted Sri Lanka as a vibrant tourist and investment destination at the Lions District 201N5 Conference, held on 15 November in Wentworthville, New South Wales.

1 min  |

November 22, 2025
Daily FT

Daily FT

Is the Online Safety Act an unnecessary piece of law?

DEFAMATION disputes have long been part of Sri Lanka’s legal landscape, well before the arrival of the Online Safety Act (OSA).

3 min  |

November 22, 2025

Daily FT

Dangers of indiscriminate use of antibiotics

A medical expert warned this week that the widespread and indiscriminate use of antibiotics in the country is accelerating antimicrobial resistance (AMR) and could render treatment of disease using antibiotics ineffective.

2 min  |

November 22, 2025

Daily FT

Memoirs of a heart

MOIRS of Heart, reflecting on a journey of progressive inner transformation; is the second solo exhibition by Chandrika Maelge.

1 min  |

November 22, 2025

Daily FT

Defending champions Kandy SC out for first game at Welisara

DEFENDING league and Clifford Cup champions, Kandy Sports Club will launch their 2025/26 campaign with an away fixture against Sri Lanka Navy Sports Club at Welisara today (22 November).

1 min  |

November 22, 2025

Daily FT

CR continue unbeaten run in shortened game

CR and FC strengthened their campaign with another impressive performance, securing a 19/0 win over Sri Lanka Army ina weather-shortened encounter at Panagoda yesterday.

1 min  |

November 22, 2025

Daily FT

Fitch places...

The rating action follows the announcement by the Government on 11 November that the Cabinet of Ministers granted approval for the proposal to transfer all the State-owned shares of HDFC and SMIB to Bank of Ceylon (BOC; (CC+/AA-(lka)/Stable) and People’s Bank (Sri Lanka) (PB; AA-(lka)/Stable), respectively.

2 min  |

November 22, 2025
Daily FT

Daily FT

Listless Sri Lanka succumb to Zimbabwe by 67 runs

ZIMBABWE produced a dominant all-round performance to rout Sri Lanka for 95 and win their second match of the T20I Tri-Series by 67 runs at the Rawalpindi Cricket Stadium yesterday.

2 min  |

November 21, 2025
Daily FT

Daily FT

Dialog and JICA renew strategic partnership

DIALOG Axiata PLC, has renewed its strategic partnership with the Japan International Cooperation Agency (JICA) to further their shared mission of driving positive transformation and sustainable progress across Sri Lanka through impactful social development initiatives spanning multiple sectors.

1 min  |

November 21, 2025
Daily FT

Daily FT

Nick Faldo Junior European Final: Kaya tied on top position

SRI Lanka’s rising golf talents Kaya Daluwatte was tied on top position while Reshan Algama was tied on fifth position end of Day 2 at the Nick Faldo Junior European Final played at the Al Ain Equestrian, Shooting and Golf Club.

1 min  |

November 21, 2025

Daily FT

CSE market PE climbs above 18-year average – FCR

THE Colombo stock market has reached a major valuation milestone in November 2025, trading at a price-earnings (PE) level significantly above its long-term norms, First Capital Research (FCR) said yesterday.

1 min  |

November 21, 2025

Daily FT

Paytm wants Sri Lanka to build "world's most seamless travel corridor" for Indian tourists

PAYTM CEO for Travel and COO for Consumer Payments Vikash Jalan on Wednesday urged Sri Lanka to position itself as the \"most frictionless, trusted, and convenient overseas destination\" for Indian travellers, insisting that digital payments and fintech infrastructure will be just as critical as flights, hotels, and marketing in shaping the country's next phase of tourism growth.

4 min  |

November 21, 2025

Daily FT

LFCs urged to shift from consumption lending to industry-focused finance: LRA

SRI Lanka's licenced finance companies (LFCs) need to pivot from traditional consumption-led lending towards financing industrial and export-linked activity if they are to remain relevant in a changing economy, the Lanka Rating Agency (LRA) said in its latest sector review.

2 min  |

November 21, 2025
Daily FT

Daily FT

Natasha Boralessa joins DIMO Board

DIESEL & Motor Engineering PLC (DIMO) has appointed Natasha Boralessa to its Board as an Independent Non-Executive Director.

1 min  |

November 21, 2025

Daily FT

Bairaha Farms proceeds with 1-for-5 share split, announces dates

BAIRAHA Farms yesterday said that its proposed 1-for-5 share split will take place following shareholder approval at an Extraordinary General Meeting (EGM) scheduled for 17 December.

1 min  |

November 21, 2025

Daily FT

SriLankan Bondholders reach tentative deal on defaulted $ 175 m debt

ENDING months of speculation and delays over completing the country’s debt restructuring, national carrier SriLankan Airlines and the Government of Sri Lanka yesterday said that they have reached an agreement in principle with six members of the Ad Hoc Group of Bondholders on the financial parameters of restructuring the national carrier's $ 175 million Guaranteed Bonds due June 2024.

3 min  |

November 21, 2025

Daily FT

IRD reports highest-ever revenue, tops Rs. 2 t ahead of year-end

THE Inland Revenue Department (IRD) said it has collected over Rs. 2 trillion as of 17 November, the highest annual revenue in its history.

1 min  |

November 21, 2025

Daily FT

SL-India grid link advancing: Minister

SRI Lanka and India will be connected through a high-voltage transmission line under a joint initiative now moving forward, Power and Energy Minister Kumara Jayakody told Parliament yesterday.

1 min  |

November 21, 2025
Daily FT

Daily FT

Doola River Edge celebrates spirit of season with festive cake-mixing ceremony 2025

DOOLA River Edge, Udawalawa, ushered in the festive season with its annual Christmas Cake-Mixing Ceremony, a cherished tradition symbolising unity, joy, and togetherness.

1 min  |

November 21, 2025
Daily FT

Daily FT

ITC Ratnadipa presents 'An Italian Affair' in partnership with Italian Embassy, Sri Lanka

ITC Ratnadipa, Colombo in collaboration with the Embassy of Italy in Sri Lanka will host 'An Italian Affair,' a week-long celebration of authentic Italian cuisine from 24-30 November 2025.

1 min  |

November 21, 2025
Daily FT

Daily FT

JXG reports solid Rs. 3.4 b profit in 1H

JXG (Janashakthi Group) yesterday announced consolidated results for the first half of the financial year 2026 (1H FY26), ended 30 September, demonstrating solid momentum in profitability and strong growth across key financial and operational metrics.

2 min  |

November 21, 2025

Daily FT

CSE closes on the up, recovers from five-session slump

THE Colombo stock market closed in green yesterday, recovering from a five-session decline on heightened buying interest.

1 min  |

November 21, 2025
Daily FT

Daily FT

Solo traveller Molly praises Sri Lanka’s response after harassment incident goes viral

Describes Sri Lanka as amazing for solo female travellers

2 min  |

November 21, 2025

Daily FT

High-powered CEO Forum to lead discussions at IBSL's National Banking and Finance Conference 2025

THE Institute of Bankers of Sri Lanka (IBSL) is gearing up for the National Banking and Finance Conference 2025, a landmark event on 1 and 2 December which will bring together key leaders from across the country's banking and financial sector to discuss the future of banking in an era defined by rapid technological change.

1 min  |

November 21, 2025
Daily FT

Daily FT

Sri Lanka’s elephants in peril and the fight for survival

SRI Lanka’s elephants, long revered as cultural icons and ecological guardians, are facing one of the most serious declines in their recorded history. Once numbering well over 12,000 in the early 20th century, the population has now dwindled to between 6,000 and 7,000 individuals.

3 min  |

November 21, 2025
Daily FT

Daily FT

Secondary Bond market continues to consolidate

THE secondary Bond market yesterday overall saw yields continue to consolidate for third consecutive session.

1 min  |

November 21, 2025
Daily FT

Daily FT

Sri Lanka's Interest-Rate trap

Sri Lanka is experiencing its worst economic crisis since gaining independence in 1948. After defaulting on its external debt in 2022, the government was forced to impose severe austerity measures in exchange for a loan from the International Monetary Fund. As a result, the poverty rate remains alarmingly high, reaching 24.5% in 2024, up from 11.3% in 2019, while real per capita GDP is not expected to return to its 2018 level until 2026. The country is losing a generation to malnutrition, high youth unemployment, and educational losses as school-dropout rates climb.

3 min  |

November 21, 2025

Daily FT

Sampath Bank pioneers sustainable banking with launch of Green Deposit

SAMPATH Bank PLC marked a transformative milestone in its sustainability journey with the official launch of the Sampath Bank Green Deposit, a fixed deposit product dedicated to financing environmentally sustainable projects.

1 min  |

November 21, 2025
Daily FT

Daily FT

The crime after the crime

FOR many victims, justice becomes another battle they never asked for. Not out on the streets, but inside the very systems that should protect them. The long waits, the rude remarks, the endless delays — they all become a second form of harm.

4 min  |

November 21, 2025
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