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Sajith and Harsha weigh in on US tariff reduction
Daily FT
|August 02, 2025
MAIN Opposition party Samagi Jana Balawegaya (SJB) Leader Sajith Premadasa yesterday welcomed the United States’ decision to reduce tariffs on Sri Lankan exports to 20%.
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In a message posted on X, he argued that Sri Lanka should push for a further reduction to 15% to boost its export competitiveness. “This puts us on par with Vietnam and Bangladesh, while India pays 25%,” he said. “A rate under 15% would give our exporters a r
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Daily FT
Economist warns IMF RFI too costly for Sri Lanka
Verité Research Chief warns Sri Lanka poised to repeat past mistakes amid cyclone recovery funding push Argues IMF RFI financing effective rate exceeds 6% and time-based surcharges add further 2.75% after three years IMF Executive Board decides on $ 200 m RFI today
3 mins
December 19, 2025
Daily FT
Govt. raises about Rs. 10 b from 5G spectrum auction; Dialog, SLT-Mobitel secure licences
THE Government yesterday raised approximately Rs. 10 billion from Sri Lanka's 5G spectrum auction, with Dialog Axiata PLC and SLT-Mobitel, a unit of Sri Lanka Telecom PLC, emerging as the sole bidders and being awarded spectrum licences.
2 mins
December 19, 2025
Daily FT
AASL posts over Rs. 19 b profit in 2025
THE Airport and Aviation Services (Sri Lanka) Ltd., (AASL) has registered a strong financial turnaround in 2025, posting a profit of Rs. 19.06 billion, reflecting an increase of Rs. 5.02 billion compared to the previous year.
1 mins
December 19, 2025
Daily FT
IDSC completes data collection from businesses and industries
Reveals scale of industrial impact from Cyclone Ditwah, with 9,628 businesses directly affected
1 min
December 19, 2025
Daily FT
Insurance sector Ditwah-related exposure limited but weaknesses persist: Fitch
WHILE the Government and insurance industry regulator have urged insurers to expedite Ditwah-related settlements, Fitch Ratings has said that the exposure to flood and landslide risks were in fact limited.
3 mins
December 19, 2025
Daily FT
Causes of landslides in Sri Lanka’s Central Highlands
Understanding landslide vulnerability | Natural factors contributing to landslides
3 mins
December 19, 2025
Daily FT
Pathfinder Foundation launches landmark reports on mining and clean energy transformation
Landmark studies position Sri Lanka as an emerging hub for critical minerals and clean energy
2 mins
December 19, 2025
Daily FT
Dialog launches Sri Lanka's largest 5G network, connecting over 1.5 m subscribers
Over 1.5 m Dialog subscribers already connected to the largest 5G network in Sri Lanka First operator to commercially enable 5G in Sri Lanka, powered by 220 live sites connected across the country, underscoring leadership in next-generation connectivity Only operator to secure 27 GHz spectrum, enabling gigabit speeds and advanced enterprise solutions, alongside 3500 MHz spectrum to support nationwide 5G coverage Plans to invest $ 100 m towards expanding 5G connectivity across Sri Lanka over the next two years Dialog offers the widest 5G roaming network, collaborating with 155 global partners across 76 countries, enabling high-speed 5G connectivity for inbound tourists and Sri Lankans travelling overseas
2 mins
December 19, 2025
Daily FT
Editors’ Guild expresses concern over two incidents impacting freedom of expression
THE Editors’ Guild of Sri Lanka (TEGOSL) has expressed its grave concern regarding two recent incidents that have an adverse effect on the freedom of expression and media freedom in the country.
1 mins
December 19, 2025
Daily FT
Namal's Krrish case fixed for Feb. over alleged Rs. 70 m misappropriation
THE Colombo High Court yesterday fixed 16 February for further proceedings in the case filed against Sri Lanka Podujana Peramuna (SLPP) Parliamentarian Namal Rajapaksa over the alleged misappropriation of Rs. 70 million linked to the Krrish transaction.
1 min
December 19, 2025
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