

Daily FT - March 26, 2025

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En este asunto
March 26, 2025
Harsha raises concerns over Duminda's role as Chief Economic Adviser
MAIN Opposition party, Samagi Jana Balawegaya (SJB). Parliamentarian Dr. Harsha de Silva yesterday raised concerns over the potential conflict of interest involving the Chief Economic Adviser to the President, who is also a Partner at Ernst & Young Sri Lanka.

1 min
Digital Economy Ministry seeks 27 experts to drive digital transformation
IN a major push towards accelerating the country's digital transformation, the Digital Economy Ministry is calling for 27 highly skilled professionals to join its strategic initiative aimed at reshaping the digital landscape.
1 min
Global giant Alipay+ goes live in Sri Lanka in boost to leisure and business tourism
ANT International’s cross-border mobile payment and digitalisation solution Alipay+ yesterday went live in Sri Lanka in a landmark partnership with LankaPay — Sri Lanka’s national payment network giving a boost to leisure and business tourism in the country.

3 mins
Nishani Fernando amongst 24 visionary women selected for EY EWW Asia-Pacific 2025
EY yesterday announced the 24 exceptional women founders selected for the EY Entrepreneurial Winning Women (EWW) Asia-Pacific Class of 2025, including Nishani Fernando, Managing Director of Manisha Exports Ltd., Sri Lanka.

2 mins
Govt. pledges stronger support for exporters at 25th Exporters' Forum
INDUSTRY and Entrepreneurship Development Minister Sunil Handunneththi on Monday affirmed the Government's commitment to facilitating trade and addressing exporter challenges at the 25th Exporters' Forum organised by the Sri Lanka Export Development Board (EDB).

1 min
Domestic aviation industry faces fresh turbulence
THE ongoing debate over aviation safety and regulatory oversight has intensified with industry stakeholders and the Civil Aviation Authority of Sri Lanka (CAASL) at odds over critical issues, particularly the boundary wall at Colombo International Airport in Ratmalana.

4 mins
SCB to divest wealth, retail banking in SL to focus more on institutional business
GLOBAL giant, Standard Chartered Bank (SCB) is to divest its wealth and retail business in Sri Lanka and focus more on corporate and institutional clients.

2 mins
Minister Bimal Rathnayake elected Chair of Sri Lanka-China Parliamentary Friendship Association
TRANSPORT, Highways, Ports and Civil Aviation Minister and Leader of the House of Parliament Bimal Rathnayake, was elected as the Chair of the Sri Lanka-China Parliamentary Friendship Association for the Tenth Parliament.

1 min
Election Commission to review Govt.’s development projects ahead of LG polls
THE Election Commission, through a directive has instructed the Government to submit details of all ongoing development projects for review to ensure compliance with election laws.
1 min
Govt. MPs submit motion to Speaker to remove Deshabandu
THE National People’s Power (NPP)-led Government MPs yesterday handed over a resolution calling for the removal of suspended Inspector General of Police (IGP) Deshabandu Tennakoon to the Speaker of Parliament.

1 min
CFA Society Sri Lanka Charter Awards Ceremony 2025 today
CFA Society Sri Lanka will honour a new generation of finance professionals who have earned the prestigious CFA designation and those who have successfully completed the CFA Program at the Charter Awards Ceremony 2025.

1 min
Minister Handunneththi pledges support for local industries during Lumala visit
INDUSTRY and Entrepreneurship Development Minister Sunil Handunneththi on Monday reaffirmed support to boost local industries during a visit to City Cycle Industries Manufacturing Ltd., commonly known as Lumala.

1 min
From farm to table: New Anthoney’s bold step towards an antibiotic-free poultry future
ACROSS the world, from the United States and Canada to the Netherlands, Thailand, and even India, poultry producers are moving towards antibiotic-free farming-but not all are going all the way.

5 mins
CBL Foods International wins Gold for Best In-House R&D Unit at National Industry Brand Excellence Awards
CBL Foods International Ltd. (CBLF), a subsidiary of CBL Group, was awarded Gold for Best In-House Research and Development Unit at the National Industry Brand Excellence Awards, organised by the Industrial Development Board (IDB), for its exemplary performance and commitment demonstrated in driving innovative solutions and technological advancements that significantly contribute to the expansion of research and development capacity in Sri Lanka.

1 min
Nilwala Tea Factory honoured at National Industry Brand Excellence Awards
NILWALA Tea Factory Ltd., has bagged the Best Turnaround Brand — Medium Scale Award at the National Industry Brand Excellence Awards 2024, organised by the Industrial Development Board under the Industries Ministry.

1 min
Michelin Sri Lanka celebrates International Women’s Day
ON International Women’s Day, Michelin Sri Lanka felicitated 150 female team members in a heartfelt event, highlighting the invaluable contributions of women across the organisation.

1 min
Strengthening women’s economic resilience: Japan and UN Women support women entrepreneurs in Mannar
IN a continued effort to foster women’s economic empowerment, Embassy of Japan in Sri Lanka Minister/Deputy Head of Mission Kamoshida Naoaki visited women entrepreneurs in Mannar District who have been supported through the project 'Pathways to Peace: Realising the National Action Plan on Women, Peace and Security in Sri Lanka.

1 min
Prime Minister attends launch of long-term gender equality project at Australia House
PRIME Minister Dr. Harini Amarasuriya, yesterday joined an event hosted by the Australian High Commissioner Paul Stephens, to officially launch 'THRIVE-Together for Her: Resilience-building, Inclusivity, and Voices for Equality in Sri Lanka.'

2 mins
National Chamber of Exporters of Sri Lanka holds AGM 2025
THE 30th Annual General Meeting (AGM) of the National Chamber of Exporters of Sri Lanka (NCE) marked a significant milestone in the Chamber’s journey. The event featured a leadership transition, a review of past achievements, and the presentation of a strategic roadmap for the future. Industry leaders, government officials, and key stakeholders attended the event, reaffirming their commitment to strengthening Sri Lanka’s export sector.

4 mins
National Chamber of Commerce to host session with two key ministers today
THE National Chamber of Commerce of Sri Lanka (NCCSL) will today host an exclusive interactive session, “Meet the Minister of Industry and Entrepreneurship Development,” from 3:00 p.m. to 5:00 p.m. at its auditorium.
1 min
Sri Lanka's first-ever free OTT platform Kaputa Cinema to revolutionise digital entertainment
CYBER Cinema Corporation Ltd., is set to redefine the digital entertainment landscape in Sri Lanka with the launch of Kaputa Cinema, the country's first-ever completely free OTT platform.
1 min
Secondary market yields move up ahead of Monetary Policy Review no. 02
THE secondary bond market yesterday saw yields increase further on the back of profit taking pressure following the recent bull run and ahead of the 2nd Monetary Policy Review for the year 2025 due today.
1 min
Standard Chartered recognises outstanding achievements of staff
STANDARD Chartered Sri Lanka hosted its prestigious annual awards ceremony, themed ‘Hall of Fame: Celebrating Excellence,’ at the Shangri-La Hotel, Colombo, on 22 March.

1 min
Colombo stock market closes flat despite improved turnover
THE Colombo stock market yesterday closed flat despite improved investor sentiment and activity.
1 min
Coralie Pietersz joins Nations Trust Bank Board
TOP professional Coralie Pietersz has been appointed as an Independent Non-Executive Director on the Board of Nations Trust Bank PLC.

1 min
Brian appointed to AMW Capital Leasing and Finance Board
BRIAN Selvanayagam has been appointed as an Independent Non-Executive Director on the Board of AMW Capital Leasing and Finance PLC.

1 min
BPC joins as Platinum Sponsor of LankaPay Technnovation Awards 2025
LANKAPAY has announced BPC as a Platinum Sponsor of its flagship event — LankaPay Technnovation Awards 2025, joining in the celebration of excellence and innovation in Sri Lanka’s digital payment ecosystem.

1 min
ComBank launches timely vehicle leasing promotion
AS new vehicles begin arriving in the country after a lapse of several years, the Commercial Bank of Ceylon has announced it will support the aspirations of vehicle buyers with an attractive leasing package for a limited duration.
1 min
Amana Takaful Insurance announces “most awarded” status
AMANA Takaful Insurance has once again been recognised as “Sri Lanka’s most awarded insurance provider”, securing its place among the Top 3 Most Awarded Entities in Sri Lanka for 2024 and earning a prestigious spot in the LMD Hall of Fame Top 50.
1 min
Orient Finance reports robust financial growth for nine months of FY25
ORIENT Finance PLC has reported an outstanding financial performance for the nine-month period ended 31 December 2024, showcasing significant growth in key financial indicators compared to the corresponding period in 2023.
1 min
Union Assurance announces 12% Universal Life Dividend Rate for 2024
UNION Assurance has announced a 12% Universal Life Dividend Rate for the financial year 2024.
1 min
Sri Lanka’s next big export opportunity: Financial benefits of safeguarding environment
THE Export Development Board (EDB) is targeting an ambitious $ 45 billion in export revenue by 2030, our country’s economic resilience hinges on its ability to transform these export earnings for the long-term.

5 mins
Signs SL becoming human smuggling hub
GOING by recent reports from the Immigration authorities, Sri Lanka seems to be on its way to being a hub for illegal immigrants.
2 mins
SMEs - forgotten people of Sri Lanka?
SRI Lanka’s economy has turned around from a contraction of 7.8% in 2022 toa +5.2% growth in 2024 which is the resilience of the country. An important point to note is that this comes at a backdrop of the IMF and World Bank projecting a growth of 3-3.3%. This is the power of brand Sri Lanka that the world needs to comprehend. The export community contributed $ 16.7 billion whilst the tourism sector crossed a $ 3.1 bil- lion performance which is a +53% growth over last year. But a point that Sri Lanka has forgotten is that over 70% of both the sec- tors — tourism and exports are contributed by MSMEs and SMEs.

8 mins
Occidental Eden Beruwala launches one-of-a-kind beverage menu at Champs Bar
IN keeping with its commitment to setting new standards, Occidental Eden Beruwala recently unveiled an artfully curated new beverage menu.

1 min
UN Tourism calls for inclusive employment and accessibility
UN Tourism has joined Germany's Federal Ministry for Economic Cooperation and Development (BMZ) to shift the mindsets of destinations and businesses regarding workers and customers with disabilities.

1 min
Galadari Colombo wins SLIM-Kantar People’s Hotel Brand of the Year 2025
GALADARI Colombo was once again awarded the honour of being the People’s Heartfelt Brand for the sixth successful time, winning the SLIM-Kantar People’s Hotel Brand of the Year 2025.

1 min
Sunday Times best-selling author and influencer Michela Chiappa and family enjoy best of Sri Lanka at W15 properties
“UTTERLY breathtaking” was Michela Chiappa’s reaction to the W15 properties she stayed at with her family, W15 Weligama, W15 Hanthana Estate and W15 Ambuluwawa recently.

2 mins
Maldives official Tourist Destination Partner of Mumbai Indians
THE Maldives has joined hands with Mumbai Indians, making it the official Tourist Destination Partner for the 2025 cricket season.

2 mins
Dr. Praveena and Mangala claim wins
THE prestigious Captains Cup 2024 at the Royal Colombo Golf Club (RCGC) saw Dr. Praveena Dunuwille and Mangala Both secure the overall Nett Wins for the Ladies and Gents segment at the Board event which took place at the RCGC Course recently

1 min
Dialog-powered 91st Battle of the Saints unfolds on 3 April
CONTINUING its unwavering commitment to fostering future sporting talent, Dialog Axiata PLC, Sri Lanka's #1 connectivity provider, proudly sponsors the 91st edition of the iconic 'Battle of the Saints'.

2 mins
Bairaha Farms becomes official Nourishment Partner of Zahira College Rugby Team 2025
SRI Lanka's pioneering and leading chicken processor Bairaha Farms PLC has proudly joined hands with the Zahira College Rugby Team as its official Nourishment Partner for the 2025 season.

1 min
Sri Lanka gears up to host ASBC Asian Under-22 and Youth Boxing championships
WITH less than 50 days to go for the ASBC Asian Under-22 and Youth Boxing Championships in May, Organising Committee Chairman Tharanga Perera expressed his enthusiasm and confidence about Sri Lanka hosting this landmark event for the nation, marking the first major boxing championship since the Asian Championships held in Colombo in 1967.

2 mins
Chamara Silva appointed as Sri Lanka Under-19 Head Coach
SRI Lanka Cricket (SLC) has appointed former Sri Lanka cricketer Chamara Silva as the Head Coach of the Sri Lanka Under-19 National team.

1 min
Kandy to test bench strength
CLIFFORD Cup Knockout Rugby Tournament 2025 will kick off in the Central Hills at the Nittawela Rugby Stadium today (26 March) when Unbeaten League Champions, Kandy SC lock horns with Sri Lions in the first quarter final encounter.
1 min
Indian manager sentenced to four years imprisonment with Rs. 85 m fine for match fixing
Upul Tharanga gets Rs. 2 million as compensation | Significant decision under Prevention of Offences Relating to Sports Act

1 min
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Editor: Wijeya Newspapers Ltd.
Categoría: Newspaper
Idioma: English
Frecuencia: Daily
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