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Daily FT

Daily FT

The Power of Saving: Small Steps Toward Financial Freedom

World Thrift Day 2025 reminds us that every small saving counts. In an age of instant gratification and digital spending, the timeless principle of thrift teaches us that financial freedom begins with discipline, patience, and consistency.

2 min  |

October 31, 2025

Daily FT

LET'S JOIN HANDS WITH RDB BANK TO WIN THE WORLD THROUGH THRIFT

World Thrift Day, which falls on October 31st every year, is a very important celebration that encourages banks and financial institutions globally to instill the habit of saving and to make people aware of the importance of thrift.

2 min  |

October 31, 2025

Daily FT

WORLD THRIFT DAY 2025 - SRI LANKA: SAVING, INCLUSION AND RESILIENCE FOR A STRONGER TOMORROW

As Sri Lanka marks World Thrift Day on 31 October 2025, the theme of saving takes on renewed urgency.

4 min  |

October 31, 2025
Daily FT

Daily FT

WSO2 expands leadership team

Appoints Sudesh Vasudevan as Vice-President and Corporate Development Head to support global growth through strategic investments and acquisitions

1 min  |

October 31, 2025

Daily FT

IVS-GBS responds to AG's Special Audit Report

GBS Technology Services & IVS Global FZCO (IVSGBS) yesterday issued the following statement regarding the Auditor General's Special Audit report on e-Visa operations in Sri Lanka.

1 min  |

October 31, 2025

Daily FT

CELEBRATING THRIFT DAY 2025: SAVING FOR A BETTER TOMORROW

In celebration of World Thrift Day on October 31st, Commercial Bank joins the global call to embrace the true spirit of thrift not only in financial savings but also in conserving energy, natural resources and the environment.

2 min  |

October 31, 2025

Daily FT

ALLIANCE FINANCE INSPIRES A NEW GENERATION OF ENVIRONMENTALLY AND SOCIALLY RESPONSIBLE SAVERS WITH AFC HAPANNU

Alliance Finance Company PLC (AFC), Sri Lanka's oldest operating non-banking financial institution and the country's only environmental and social sustainability-certified NBFI, continues its unwavering commitment to sustainable value creation with the relaunch of its AFC Hapannu Children's Savings Account - a product that connects the financial, social, and environmental growth of the next generation.

2 min  |

October 31, 2025

Daily FT

COPE uncovers major ownership dilution and audit concerns at LTL Holdings linked to CEB

THE Committee on Public Enterprises (COPE) has raised serious concerns over ownership changes, conflicts of interest, and lack of Government audit at LTL Holdings, a key company partly owned by the Ceylon Electricity Board (CEB), following a detailed inquiry held on 24 October under the Chairmanship of MP Dr Nishantha Samaraweera.

2 min  |

October 31, 2025
Daily FT

Daily FT

BYD debuts at 2025 Japan Mobility Show with global launch of first K-E

Global debut of BYD RACCO, the brand's first all-electric K-EV designed exclusively for the Japanese market

2 min  |

October 31, 2025
Daily FT

Daily FT

LEADING WITH CONFIDENCE

As the world marks World Thrift Day, a celebration of saving and financial discipline, Pan Asia Bank stands at a milestone moment: its 30th anniversary.

7 min  |

October 31, 2025

Daily FT

UDA Chief new On'ally Holdings Chairman

ON'ALLY Holdings PLC has appointed Eng. Kumudu Lal as Chairman of the company.

1 min  |

October 31, 2025

Daily FT

Senthilverl exits Amana Takaful

SENTHILVERL Holdings Ltd., yesterday exited Amana Takaful PLC selling its remaining stake for Rs.1 billion.

1 min  |

October 31, 2025

Daily FT

Sri Lanka, Japan and IOM unveil roadmap to strengthen traveller clearance, health security at seaports

$ 8.4 m Japan-funded project covers Sri Lanka and Maldives to make ports “future ready”

4 min  |

October 31, 2025

Daily FT

Secondary Bond market sentiment remains positive as US Fed eases policy rates

THE secondary Bond market yesterday initially experienced marginal selling pressure on the back of profit-taking following the recent rally.

2 min  |

October 31, 2025

Daily FT

Sri Lanka's first plastic testing lab debuts

To support quality and sustainability in recycling

1 min  |

October 31, 2025

Daily FT

Sri Lanka's population hits 21.78 m, ageing trend and slower growth seen

SRI Lanka’s population reached 21,781,800 in 2024, an increase of 1,422,361 from 2012, according to the latest Population and housing Census released by the department of Census and Statistics.

2 min  |

October 31, 2025

Daily FT

Proposal for establishment of Advisory Board for revival of welding technology

Following is a letter to Ministry of Education Secretary Nalaka Kaluwewa and Ministry of Skills Development and Vocational Training Education Additional Secretary Himali Athaudage, advising the formation of an Advisory Board for the revival of welding technology in the vocational training sector

3 min  |

October 31, 2025

Daily FT

UNDERSTANDING BUDGETING AND SAVINGS AS STEPPING STONES FOR FINANCIAL STABILITY

In an era where financial literacy is more crucial than ever, understanding the principles of budgeting and savings is important for achieving long-term financial stability.

4 min  |

October 31, 2025
Daily FT

Daily FT

Bank of Ceylon celebrates World Thrift Day 2025

Commenting on the occasion, Mr. Priyal Silva, Deputy General Manager (Branch Operations) of the Bank of Ceylon, said: “Our future is shaped by the decisions we make today. Saving is one of the smartest choices anyone can make to ensure a successful tomorrow. We invite all Sri Lankans to make saving a way of life, and we are always ready to support them with rewarding benefits and reliable service

2 min  |

October 31, 2025

Daily FT

India beat Australia in record run chase to enter final

Meet South Africa on Sunday in Women’s Cricket World Cup

2 min  |

October 31, 2025
Daily FT

Daily FT

China says greater use of RMB can support Sri Lanka's recovery

CHINA'S Ambassador to Sri Lanka Qi Zhenhong on Wednesday said broader use of the Chinese Yuan, or Renminbi (RMB), could strengthen Sri Lanka's macroeconomic stability and help lower foreign-exchange risks as the country seeks to rebuild from its recent economic crisis.

3 min  |

October 31, 2025

Daily FT

Sri Lanka faces annual $ 7-10 b investment gap to meet SDGs

SRI Lanka's investment landscape faces deep structural financing gaps despite growing global appetite for social and environmental impact capital, according to a new study by the Lanka Impact Investing Network (LIIN) “Impact Investing Landscape in Sri Lanka”.

4 min  |

October 31, 2025

Daily FT

NDB Bank unveils Tea Manufacturer Finance Program

NATIONAL Development Bank PLC (NDB) continues to empower Sri Lanka's export and manufacturing sectors with the introduction of its Tea Manufacturer Finance Program, a specialised financial solution designed to support tea producers and exporters in expanding their operations and growing beyond borders.

1 min  |

October 31, 2025
Daily FT

Daily FT

Evolution Auto opens SL’s first ever Multi Brand Electric Vehicle After Sales Complex in Peliyagoda

EVOLUTION Auto has launched Sri Lanka’s first ever Multi Brand Electric Vehicle (EV) After Sales Complex in Peliyagoda, adjoining the iconic Porsche showroom. This opening marked a major milestone in the country’s transition towards sustainable mobility and set a new benchmark for electric vehicle after sales care in Sri Lanka.

1 min  |

October 31, 2025
Daily FT

Daily FT

THE IMPORTANCE OF FINANCIAL LITERACY IN THE DIGITAL AGE

In the modern world, technology has completely transformed how people manage, spend and invest their money. Online banking, digital wallets and investment platforms are now widely accessible anytime all over the world giving individuals unprecedented control over their finances. With these developments the need among the people to have better financial literacy skills has also increased.

3 min  |

October 31, 2025

Daily FT

Why some countries prosper, whilst others continue to remain poor and in chaos

WHY do some nations flourish while others remain impoverished? That question remains as relevant as ever—especially after Sri Lanka’s painful economic struggles in 2022, and more recently, the crises in Bangladesh and Nepal. Poor nations often grapple with extractive institutions, political instability, bloated governments, and deep historical legacies. For decades, scholars and policymakers have debated the roots of prosperity. Early theories placed geography at the centre of national success, arguing that climate, natural endowments, and location shaped destiny.

3 min  |

October 31, 2025
Daily FT

Daily FT

Hilton Colombo hosts Oktoberfest for 32nd consecutive year

Authentic Bavarian flavours, lively entertainment, and Hilton hospitality return for one of Colombo's most anticipated annual festivals

1 min  |

October 31, 2025

Daily FT

Indian-funded Mahatma Gandhi Model Village opens in Ampara

HIGH Commissioner of India to Sri Lanka Santosh Jha and Minister of Housing, Construction and Water Supply (Dr.) Susil Ranasinghe jointly inaugurated and handed over Mahatma Gandhi Model Village in Ampara to the 24 beneficiary families on 29 October.

1 min  |

October 31, 2025

Daily FT

Volt Charge wins Australian Good Design Award for product design excellence

VOLT Charge, a subsidiary of JAT Holdings PLC, has been recognised at the 2025 Australian Good Design Awards with an accolade in the ‘Product Design’ category for its Volt Charge Level 2 EV Charger.

1 min  |

October 31, 2025
Daily FT

Daily FT

Why governments bet on long-term sports tourism partnerships

AS global travel behaviour evolves, endurance athletes have emerged as a new class of high-value travellers fuelling what experts now call the “racecation” economy.

4 min  |

October 31, 2025
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