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An opportunity squandered on politics of fear

Daily FT

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January 19, 2026

THERE is today a pervasive sense of stagnation surrounding the current administration of President Anura Kumara Dissanayake, a feeling that a historic opportunity for change is slowly but surely being wasted.

This malaise is not born of impatience alone, but of repeated and visible retreats by an administration that came to power with an overwhelming mandate for transformation.Across multiple fronts, the pattern is the same: promise, hesitation, capitulation, and finally disappointment.

The latest setback in education reform illustrates this malaise starkly. Faced with pressure from misogynist, repressive elements, many cloaked in religious authority, the Government has once again chosen to retreat rather than lead. Instead of standing its ground and pursuing reforms that are essential for a modern, inclusive, and equitable education system, it has cowered before imaginary threats and manufactured outrage. These “ghosts” it fears are neither representative of society nor decisive in electoral terms. Yet the Government behaves as if they hold veto power over policy.

Daily FT'den DAHA FAZLA HİKAYE

Daily FT

Kerner Haus signs fourth property management agreement, expands to Kandy

KERNER Haus Global Solutions PLC has entered into its fourth property management agreement, marking its first expansion outside Colombo with a commercial property located in Katukale, Kandy.

time to read

1 min

January 23, 2026

Daily FT

Daily FT

Regen Renewables powers Jay Jay Mills Lanka with multi-location solar project

REGEN Renewables has successfully delivered a 5,476 kWp multi-location industrial solar installation for Jay Jay Mills Lanka Ltd., representing a major milestone in the company’s renewable energy journey.

time to read

1 mins

January 23, 2026

Daily FT

Colombo to host prestigious FICAC South Asia Conference from 1-4 February

SRI Lanka will host the prestigious FICAC South Asia Conference in Colombo from 1 to 4 February, bringing together distinguished Honorary Consuls from across the South Asian region.

time to read

1 min

January 23, 2026

Daily FT

Daily FT

BOI reports $ 1 b FDI in 2025, up 72% YoY

Manufacturing sector attracts 46% of FDI, followed by port development (26%), tourism and leisure (11%), telecommunication (6%) and property development (5%) Singapore biggest FDI source at 30%, followed by India 20%, France 12%, Netherlands 11% and Luxembourg 5%

time to read

3 mins

January 23, 2026

Daily FT

2026 slow growth outlook raises debt concerns: First Capital

Urges hard reforms to lift FDI GDP growth seen moderating to 3-4% in 2026-27, below pace needed to reduce debt ratios AWPR forecast to rise to 10-11% in 2H 2026 as liquidity tightens Rupee seen weakening to Rs. 320-330 per dollar by end-2026 amid slower reserve build-up ASPI fair value for Dec. 2026 maintained at 21,000-22,000

time to read

3 mins

January 23, 2026

Daily FT

Daily FT

LB Finance continues growth momentum; PAT up 24% to Rs. 8.9 b

LB Finance PLC has reported a strong financial performance for the nine months ended 31 December 2025, recording a 24% year-on-year (YoY) increase in Profit After Tax (PAT) to Rs. 8.93 billion, underpinned by sustained income growth and a sound financial position.

time to read

2 mins

January 23, 2026

Daily FT

Daily FT

Isipathana appoints Fijian Saimoni Rokini as Rugby Consultant

FORMER Fiji national sevens and XVs player, Saimoni Rokini will arrive in the Island today (23 Jan) and will be the Consultant for Isipathana Rugby outfit for 2026.

time to read

1 min

January 23, 2026

Daily FT

Daily FT

Chunchi to lead Zahira rugby

ZAHIRA College has announced their fourth-year coloursman Hakeem Chunchi to lead their 1st XV Rugby Team for the 2026 season.

time to read

1 min

January 23, 2026

Daily FT

Daily FT

Tea exports top $ 1.5 b in 2025 despite price pressures

SRI Lanka's tea industry delivered a stronger overall export performance in 2025, with volumes and earnings recording year-on-year (YoY) growth despite mixed results across product segments and pressure on average prices.

time to read

3 mins

January 23, 2026

Daily FT

Banking giant JPMorgan buys WealthOS

JPMORGANCHASE, the US-based banking giant, has swooped to buy a British pensions technology company WealthOS as it tries to augment its retirement planning services to personal investing clients.

time to read

1 min

January 23, 2026

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