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SLBC UAE hosts strategic networking dinner to boost Lankan rubber exports
Daily FT
|June 25, 2025
IN conjunction with Sri Lanka's participation at the Middle East Rubber & Tyre Expo 2025, the Sri Lanka Business Council UAE (SLBC) hosted a high-profile Networking Dinner at the Pullman Hotel, Deira City Centre, Dubai, to welcome and support the visiting delegation of Sri Lankan rubber product exporters.
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The event was designed to provide exhibitors with a platform to connect with potential business partners, distributors, and regional stakeholders. It was well attended by representatives from various industries and nationalities, creating an engaging space for meaningful dialogue and collaboration.
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Daily FT
Senthilverl exits Maharaja Foods; Yaden enters
HIGH net-worth investor Dr. T. Senthilverl has exited from Maharaja Foods PLC whilst Yaden Capital has entered the company with a 10% stake.
1 min
December 18, 2025
Daily FT
WindForce commissions rooftop solar PV project in Maldives
WINDFORCE PLC yesterday announced that the 432.2 kWp rooftop solar photovoltaic (PV) power project at Joy Island, Kassanfushi, Kaafu Atoll Maldives, was successfully commissioned on 13 December.
1 min
December 18, 2025
Daily FT
Govt. says Rs. 500 b post-Ditwah spending plan within 2026 borrowing limits
Parliament to consider Rs. 500 b Supplementary Estimate for 2026 at special sitting today Supplementary allocation to increase primary expenditure from Rs. 7.16 t to Rs. 7.66 t Rs. 100 b allocated for housing, Rs. 250 b for infrastructure, Rs. 150 b for livelihoods Finance Deputy Minister Dr. Anil Jayantha Fernando says move well within Govt.'s fiscal space Funding comes from reallocated capital spending, excess revenue, Treasury funds and aid Assures additional spending kept within 2026 debt ceiling of Rs. 3.74 t Projects 5% GDP growth for 2026 Revenue agencies exceed targets by Rs. 400 b, containing budget deficit despite relief spending
3 mins
December 18, 2025
Daily FT
Govt. confident of securing $ 200 m RFI from IMF
THE Government yesterday expressed confidence in securing $ 200 million from the International Monetary Fund (IMF) under the Rapid Financing Instrument (RFI), as it moves to manage urgent foreign exchange needs following the devastation caused by Cyclone Ditwah, whilst keeping its broader debt restructuring program on track.
2 mins
December 18, 2025
Daily FT
Budget 2026: Parliament and public deprived of real numbers
THE constitution anticipates that the Sri Lankan Parliament “shall have full control over public finance”.
3 mins
December 18, 2025
Daily FT
China extends full support to boost SL's economic, social development
CHINA National People's Congress Standing Committee Vice Chairman Wang Dongming yesterday assured China would extend its full support to Sri Lanka's efforts to rebuild the lives of people and overcome the challenges posed by Cyclone Ditwah.
2 mins
December 18, 2025
Daily FT
SL to hold South Asia's first-ever 3-day 'One Love' reggae music festival in March in Bentota
Unique tribute event to King of Reggae Bob Marley from 27 to 29 March from 5 p.m. at Bentota Beach Six famous international reggae artists including Prince of Reggae Maxi Priest and two sons of Bob Marley — Julian and Ky-Mani to perform Nuwa Sri Lanka hosts packed house media launch to kick off road to festival Sri Lankan-owned One In A Million Entertainment partners Caribbean Entertainment to deliver landmark event Positions Sri Lanka as emerging hub for large-scale international music and lifestyle festivals Proceeds support charity projects in Sri Lanka and Jamaica, linking music with social impact
2 mins
December 18, 2025
Daily FT
Vallibel's 10 MW solar PV venture goes live in Dolahena Estate
VALLIBEL Power Erathna PLC yesterday said its 10 MW groundmounted solar photovoltaic (PV) project at Dolahena Estate has commenced operations.
1 min
December 18, 2025
Daily FT
Looking forward to One Love 2026 festival; going to have a fabulous time: Maxi Priest
CONSIDERED Prince of Reggae music, Maxi Priest on Tuesday declared that he and the other artists are looking forward to being part of the 'One Love' Music Festival in Bentota, Sri Lanka in late March 2026.
1 min
December 18, 2025
Daily FT
Global donor conference in January to fund postDitwah recovery
THE Government has decided to convene an international donor conference in January to mobilise additional financial support for the country's post-disaster recovery following Cyclone Ditwah.
1 mins
December 18, 2025
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