CB intervention pulls rupee back from record low

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Reuters: The rupee hit a record low for an eighth straight session on Friday, but closed the session firmer following intervention by the Central Bank ..


Litro Gas and Laugfs get lands in Hambantota Port

Saturday, 22 September 2018 01:07 Views - 655

A pair of key plots of land within the Hambantota Port premises has been assigned to two local-based Liquid Petroleum Gas providing companies, Ministe


IGP investigation:3-member Ministerial Committee to ensure independent probe

Saturday, 22 September 2018 01:06 Views - 92

The Ministry of Public Administration, Law and Order will appoint a three-member committee from within the Ministry to investigate allegations of brib


Access gets prime real estate in Colombo 2

Saturday, 22 September 2018 01:05 Views - 1043

The Government this week decided to give prime land in the heart of Colombo on a 99-year lease for Rs. 1.1172 billion to Access Realties. The land, ex


Pakistan invites Saudi Arabia to join China’s Belt and Road corridor

Saturday, 22 September 2018 01:04 Views - 112

ISLAMABAD (Reuters): Islamabad has invited Saudi Arabia to become the third partner in the Beijing-funded Belt and Road corridor of major infrastructu


No sale of land in Hambantota Port to Chinese company

Saturday, 22 September 2018 01:06 Views - 233

The Government yesterday reconfirmed in Parliament that it had not divested land in the Hambantota Port to a Chinese company but had incorporated two


Delicious Sri Lanka: Australia’s new favourite destination

Saturday, 22 September 2018 01:05 Views - 551

www.traveller.com.au: It was the crab curry that got me. The rich, spicy sauce that ended up covering my hands and splattering my clothes. The sweet,


No FT on Monday

Saturday, 22 September 2018 01:04 Views - 8

Due to the Poya holiday, the Daily FT will not be published on Monday, 24 September.


CSE at over 30-month closing low

Saturday, 22 September 2018 00:10 Views - 133

Reuters: Shares dropped to their lowest close in more than 30 months on Friday as foreign investors sold banking stocks, while a weaker rupee dented i




Host of events to celebrate RTI Week

Saturday, 22 September 2018 01:09 Views - 20

Special mobile units raising awareness on the Right to Information Act are due to tour in Jaffna during the RTI Week declared to mark the Internationa


Two JO Parliamentarians get suspended

Saturday, 22 September 2018 01:09 Views - 33

Speaker Karu Jayasuriya suspended the UPFA Joint Opposition group lawmakers Wimal Weerawansa and Prasanna Ranaweera for two weeks and four weeks, resp


SLFP appoints restructuring committee

Saturday, 22 September 2018 01:09 Views - 65

The Sri Lanka Freedom Party (SLFP) yesterday appointed two committees to carry out party restructuring ahead of the 2019 elections. The committe


Provincial Council Delimitation report delayed 2 months

Saturday, 22 September 2018 01:09 Views - 17

The report of the Delimitation Committee for the Provincial Councils would be delayed a further two months, the Speaker’s Officeannounced yesterday.


Chandrika becomes first Sri Lankan to be awarded France’s highest national order

Saturday, 22 September 2018 00:10 Views - 222

Former President Chandrika Bandaranaike Kumaratunga became the first Sri Lankan in almost seven decades and the first ever Sri Lankan womanto be award


All about books and writers

Saturday, 22 September 2018 00:10 Views - 37

September is the Literary Month. Writers submit their new writings to the Department of Cultural Affairs and await the results of the State Literary A


President pledges development to North and East

Saturday, 22 September 2018 00:08 Views - 29

President Maithripala Sirisena promised to channel more development activities to the post-war communities in the North and the East. “Every govern


Personal staff of Ministers misuse Ministry vehicles: JVP

Friday, 21 September 2018 00:00 Views - 68

By Skandha Gunasekara The Opposition in Parliament yesterday charged that the personal staff of Cabinet Ministers were misusing Government vehicles. J


Writ against bribery case on ex-CJ and Judge: SC reserves order for 1 October on granting leave

Friday, 21 September 2018 00:00 Views - 255

By S.S. Selvanayagam The Supreme Court yesterday (20) reserved for 1 October its order on granting of leave with the Writ petitions challenging the de


IGP not resigning, Law and Order Ministry to investigate conduct

Friday, 21 September 2018 00:00 Views - 86

By Skandha Gunasekara Law and Order Minister Ranjith Madduma Bandara had instructed his Ministry Secretary to initiate a ministerial investigation int


JO calls for immediate PC elections to preserve democracy

Friday, 21 September 2018 00:00 Views - 58

By Nuwan Senarathna The Joint Opposition yesterday called for Provincial Council elections to be held to prevent collapse of democracy in the country.


Ambassador-designate of Sri Lanka to Myanmar presents credentials to President of Myanmar

Friday, 21 September 2018 00:00 Views - 63

The Ambassador-designate of Sri Lanka to the Republic of the Union of Myanmar, E.M.M. Nandimithra Ekanayake presented his credentials to the President




Friday, 21 September 2018 17:39 Views - 209

Crux of currency crisis!

Thursday, 20 September 2018 03:28 Views - 209

Cyber Security Summit 2018

Wednesday, 12 September 2018 12:37 Views - 209

The Most Admired Companies of Sri Lanka - 2018

Sunday, 2 September 2018 12:02 Views - 209

Best of the Best at ICCSL-CIMA-Daily FT Fireside Chat


Today's Columnists

In the desert of Tamil films, actor Sivaji Ganesan was an oasis

Saturday, 22 September 2018

‘Indian Film,’ first published in 1963 and co-authored by former Columbia University Professor Erik Barnouw and his student Dr. Subrahmanyam Krishnaswamy, is considered a seminal study of the evolution and growth of Indian cinema. The book is cit

Imran may turn blind eye to blasphemy law and persecution of Ahmadiyyas

Saturday, 22 September 2018

There are clear signs that Pakistan’s freshly minted Prime Minister, Imran Khan, will make a sincere effort to reduce corruption and maladministration in the domestic sphere. In foreign affairs he is likely to make a brave attempt to mend fences wi

The rate of exchange, capital flight and the Central Bank

Friday, 21 September 2018

The Central Bank (CBSL) exists for the sole purpose of price stability. Its controls on the financial system and monetary policy exist to maintain price stability. As put forth many times by the Governor, the failing of the CBSL to control inflation

Red flag over the Sri Lankan Navy

Friday, 21 September 2018

Shocking story Rusiripala, a former banker in Sri Lanka, who has taken to writing in Daily FT, is perturbed by the red flag I have raised (Daily FT article 18 September) over the shocking charge that our Navy had operated a ransom gang that had abduc

The bald truth about fake news, etc.

Friday, 21 September 2018

In its most innocent forms, we may all enjoy a bit of ‘fake news’ and go to bed with a lighter heart and clean conscience. A meme on Facebook urging social media consumers to caution – “You can’t believe everything you read on the internet

Withholding Taxes – What, why, when?

Thursday, 20 September 2018

The tax regime in Sri Lanka historically imposes WHT on both domestic as well as cross border payments. WHT on domestic payments eases revenue collection (e.g.: PAYE) while WHT on cross border payments are adopted by most countries to ensure that the

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