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Hayleys Fabric PLC wins 2 awards at National Business Excellence Awards 2025
Daily FT
|August 07, 2025
Established in 1993, Hayleys Fabric PLC has secured its position as Sri Lanka's largest and most innovative knit fabric manufacturer.
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Supplying premium fabrics to global brands such as Nike, Intimissimi, Victoria's Secret, and Gymshark, the company operates with a clear focus on sustainability, innovation, and ethical business practices.
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Daily FT
UDA to lease Pettah Floating Market to Japanese investor for $ 160 m
THE Urban Development Authority (UDA) is moving ahead with plans to lease the Pettah Floating Market Complex to a Japanese investor in a deal valued at $ 160 million.
1 min
November 27, 2025
Daily FT
Sri Lanka have one more hurdle to clear to reach final
HAVING somewhat regained their form with a convincing nine-wicket win against Zimbabwe on Tuesday, Sri Lanka face their final hurdle when they confront hosts Pakistan today in what could be another door-die contest in the T20I Tri-Series in Rawalpindi.
2 mins
November 27, 2025
Daily FT
People's Bank posts Rs. 43.7 b PBT in 9M
PEOPLE'S Bank has reported a Profit Before Tax (PBT) of Rs. 43.7 September delivering the bestbillion for the nine months ended 30 2025, ever results in the institution's history.
3 mins
November 27, 2025
Daily FT
Sri Lanka must shift from volume to value to unlock full tourism potential: SLTDA Chairman
Highlights value gap and over-tourism pressures
3 mins
November 27, 2025
Daily FT
President to attend Sri Lanka Economic and Investment Summit 2025 on opening day
PRESIDENT Anura Kumara Dissanayake will attend the Sri Lanka Economic and Investment Summit 2025 on 2 December, during which he will join The Ceylon Chamber of Commerce Vice Chairperson Bingumal Thewarathanthri for an on-stage conversation aligned with the Summit's theme-'Gateway to Growth-Asia's Emerging Opportunity!
1 min
November 27, 2025
Daily FT
Tourism earnings to undershoot despite arrivals surge
SRI Lanka is bracing for lower-than-expected tourism earnings following a downward revision in the estimated daily spending of visitors by the Sri Lanka Tourism Development Authority (SLTDA), a key metric used to calculate the industry's contribution to the economy.
2 mins
November 27, 2025
Daily FT
Pent-up demand for vehicle imports stabilises - CBSL
CENTRAL Bank (CBSL) Governor Dr. Nandalal Weerasinghe yesterday said the surge in vehicle imports that followed the lifting of the five-year import suspension has now tapered off, with pent-up demand largely exhausted by November.
1 min
November 27, 2025
Daily FT
Reserves set to hit post-crisis high in December: CBSL Governor
CENTRAL Bank of Sri Lanka (CBSL) Governor Dr. Nandalal Weerasinghe yesterday said Sri Lanka's gross official reserves are expected to climb to the highest level recorded since the height of the economic crisis by the end of December, whilst expressing confidence that the country will comfortably meet its reserves target under the International Monetary Fund (IMF) program.
1 mins
November 27, 2025
Daily FT
Apparel exports maintain momentum, up 6.1% in first 10 months of 2025 - JAAF
THE Joint Apparel Association Forum (JAAF) yesterday said apparel and made-up articles exports for January to October 2025 increased by 6.12% year-on-year (YoY), maintaining steady momentum despite weaker monthly results in October.
1 min
November 27, 2025
Daily FT
CBSL holds policy rates steady
THE Central Bank of Sri Lanka (CBSL) yesterday delivering the sixth and final Monetary Policy Review for 2025 announced that rates would remain unchanged at 7.75%.
2 mins
November 27, 2025
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