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        <title>www.ft.lk </title> 
        <link>https://www.ft.lk/RSS_Feeds/sectors </link> 
        <description>The only Sri Lankan newspaper with round the clock news updates - ft.lk Online Edition</description>  
        <dc:language>en-us</dc:language>  
        <dc:creator>ishan.ufa@gmail.com</dc:creator>
        <dc:rights>Copyright 2026</dc:rights>  

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            <item>  
                <title>Three overseas banks flagged Treasury payment before $ 2.5 m phishing fraud succeeded</title> 
                <link>https://www.ft.lk/front-page/Three-overseas-banks-flagged-Treasury-payment-before---2-5-m-phishing-fraud-succeeded/44-794641</link>
                <guid>https://www.ft.lk/front-page/Three-overseas-banks-flagged-Treasury-payment-before---2-5-m-phishing-fraud-succeeded/44-794641</guid>


                <description><![CDATA[Three correspondent banks in the US, the United Arab Emirates (UAE), and Vietnam rejected a fraudulent $ 1.3 million Government debt payment after detecting anomalies before revised payment instructions supplied by scammers ultimately enabled part of the wider $ 2.5 million Treasury phishing fraud to succeed, proceedings before the Parliament’s Committee on Public Finance (CoPF) revealed yesterday. 
The Committee heard that the payment due to Ex]]></description>

                <pubDate> Wednesday, 15 July 2026 00:28</pubDate>

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                <title>Outgoing Swedish Envoy sees brighter investment outlook for  Sri Lanka, stronger bilateral trade ties </title> 
                <link>https://www.ft.lk/front-page/Outgoing-Swedish-Envoy-sees-brighter-investment-outlook-for--Sri-Lanka--stronger-bilateral-trade-ties /44-794640</link>
                <guid>https://www.ft.lk/front-page/Outgoing-Swedish-Envoy-sees-brighter-investment-outlook-for--Sri-Lanka--stronger-bilateral-trade-ties /44-794640</guid>


                <description><![CDATA[By Charumini 
de Silva
Outgoing Swedish Ambassador to Sri Lanka Jan Thesleff said Sri Lanka is steadily rebuilding the confidence of international investors, citing improved policy stability, a highly skilled workforce and the country’s resilience as key drivers of stronger trade and investment ties with Sweden.
In an exclusive interview with the Daily FT ahead of the conclusion of his tenure, Thesleff said Swedish businesses continue to view ]]></description>

                <pubDate> Wednesday, 15 July 2026 00:26</pubDate>

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                <title>Govt. launches global tender for 250 MW battery storage</title> 
                <link>https://www.ft.lk/front-page/Govt--launches-global-tender-for-250-MW-battery-storage/44-794639</link>
                <guid>https://www.ft.lk/front-page/Govt--launches-global-tender-for-250-MW-battery-storage/44-794639</guid>


                <description><![CDATA[The National System Operator Ltd., (NSO), operating under the Energy Ministry, has launched an International Competitive Bidding (ICB) process for the establishment of a 250 MW/1000 MWh Standalone Battery Energy Storage System (BESS), one of the largest grid-connected storage procurements the country has undertaken to date.]]></description>

                <pubDate> Wednesday, 15 July 2026 00:25</pubDate>

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            <item>  
                <title>2027 Budget to cap primary spending at Rs. 5.1 t as deficit narrows from 2026 peak</title> 
                <link>https://www.ft.lk/front-page/2027-Budget-to-cap-primary-spending-at-Rs--5-1-t-as-deficit-narrows-from-2026-peak/44-794638</link>
                <guid>https://www.ft.lk/front-page/2027-Budget-to-cap-primary-spending-at-Rs--5-1-t-as-deficit-narrows-from-2026-peak/44-794638</guid>


                <description><![CDATA[The Government has set a primary expenditure ceiling of Rs. 5.064 trillion, or 12.9% of GDP, for the 2027 Budget while projecting the overall Budget deficit to narrow to 4.5% of GDP next year from an estimated 5.6% in 2026, according to the Fiscal Strategy Statement (FSS) 2027.
The statement positions the statutory primary expenditure ceiling as the Government’s principal fiscal anchor, limiting primary spending to below 13% of GDP during the fi]]></description>

                <pubDate> Wednesday, 15 July 2026 00:24</pubDate>

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                <title>Maga Engineering gets Rs. 5 b road contract and Rs. 2.4 b BIA terminal expansion project</title> 
                <link>https://www.ft.lk/front-page/Maga-Engineering-gets-Rs--5-b-road-contract-and-Rs--2-4-b-BIA-terminal-expansion-project/44-794637</link>
                <guid>https://www.ft.lk/front-page/Maga-Engineering-gets-Rs--5-b-road-contract-and-Rs--2-4-b-BIA-terminal-expansion-project/44-794637</guid>


                <description><![CDATA[The Cabinet of Ministers has approved the award of a Rs. 4.99 billion contract (excluding Value Added Tax) to M/s Maga Engineering Ltd., for the construction of the Warakapola bypass road under the National Highways Widening and Improvement Program.]]></description>

                <pubDate> Wednesday, 15 July 2026 00:23</pubDate>

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                <title>Toyota Lanka breaks  ground for flagship showroom in Bambalapitiya</title> 
                <link>https://www.ft.lk/front-page/Toyota-Lanka-breaks--ground-for-flagship-showroom-in-Bambalapitiya/44-794636</link>
                <guid>https://www.ft.lk/front-page/Toyota-Lanka-breaks--ground-for-flagship-showroom-in-Bambalapitiya/44-794636</guid>


                <description><![CDATA[Toyota Lanka’s growing footprint across Sri Lanka reached another milestone with the groundbreaking ceremony for Toyota’s flagship showroom in Bambalapitiya, last week.
Toyota Sri Lanka Chairman Masaaki Kawabata, Managing Director/CEO Manohara Athukorala, and Chairman of Design Consortium Ltd., Archt. Migara Alwis attend the event as special invitees.]]></description>

                <pubDate> Wednesday, 15 July 2026 00:22</pubDate>

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                <title>Two major banks  in combined Rs. 30 b capital issues this week</title> 
                <link>https://www.ft.lk/front-page/Two-major-banks--in-combined-Rs--30-b-capital-issues-this-week/44-794635</link>
                <guid>https://www.ft.lk/front-page/Two-major-banks--in-combined-Rs--30-b-capital-issues-this-week/44-794635</guid>


                <description><![CDATA[Commercial Bank opens up to Rs. 20 b subordinated debenture issue tomorrow 
Sampath Bank follows with up to Rs. 10 b
Tier 2 Green Bond issue on Thursday 
Two listed banks are set to tap the domestic debt capital market this week with Basel III-compliant capital instruments worth up to Rs. 30 billion in aggregate, following the Colombo Stock Exchange’s (CSE) approval in principle for the listings.
Two...
Commercial Bank of Ceylon PLC will ope]]></description>

                <pubDate> Wednesday, 15 July 2026 00:21</pubDate>

            </item>  

  
              
            <item>  
                <title>Outgoing Swedish envoy bullish on Sri Lanka’s resilience, investment climate and future ties</title> 
                <link>https://www.ft.lk/business/Outgoing-Swedish-envoy-bullish-on-Sri-Lanka-s-resilience--investment-climate-and-future-ties/34-794644</link>
                <guid>https://www.ft.lk/business/Outgoing-Swedish-envoy-bullish-on-Sri-Lanka-s-resilience--investment-climate-and-future-ties/34-794644</guid>


                <description><![CDATA[After nearly four years of strengthening bilateral relations, outgoing Swedish Ambassador Jan Thesleff leaves optimistic about Sri Lanka’s future. Having witnessed Sri Lanka’s recovery from one of its worst economic crises, Thesleff believes the island nation has demonstrated remarkable resilience and is increasingly winning the confidence of international investors. 
In this exclusive interview with the Daily FT, he discusses why Swedish compan]]></description>

                <pubDate> Wednesday, 15 July 2026 00:20</pubDate>

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                <title>Failure to meet WHO  cigarette tax benchmark costs Govt. Rs. 25 b, says Verité</title> 
                <link>https://www.ft.lk/front-page/Failure-to-meet-WHO--cigarette-tax-benchmark-costs-Govt--Rs--25-b--says-Verité/44-794634</link>
                <guid>https://www.ft.lk/front-page/Failure-to-meet-WHO--cigarette-tax-benchmark-costs-Govt--Rs--25-b--says-Verité/44-794634</guid>


                <description><![CDATA[The Government of Sri Lanka lost over Rs. 25 billion in potential tax revenue since 2025 due to cigarettes being taxed lower than the World Health Organisation (WHO) benchmark, Verité Research said yesterday. 
The WHO recommends a minimum tax share of 75% of the retail price of cigarettes. Sri Lanka last came close to this benchmark in 2018 (74%) but has since failed to maintain it, with the tax share falling to 67% from 2025 onwards.]]></description>

                <pubDate> Wednesday, 15 July 2026 00:20</pubDate>

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            <item>  
                <title>CIABOC continues probe into alleged $ 2 m SriLankan Airlines aircraft deal bribe</title> 
                <link>https://www.ft.lk/news/CIABOC-continues-probe-into-alleged---2-m-SriLankan-Airlines-aircraft-deal-bribe/56-794643</link>
                <guid>https://www.ft.lk/news/CIABOC-continues-probe-into-alleged---2-m-SriLankan-Airlines-aircraft-deal-bribe/56-794643</guid>


                <description><![CDATA[The Commission to Investigate Allegations of Bribery or Corruption (CIABOC) yesterday informed the Colombo Chief Magistrate that further investigations were underway into an alleged $ 2 million bribe linked to the purchase of a fleet of 10 aircraft for SriLankan Airlines in 2013 from a European aerospace company.
No suspects appeared before court as the principal suspect in the case, former SriLankan Airlines Chief Executive Officer Kapila Chand]]></description>

                <pubDate> Wednesday, 15 July 2026 00:02</pubDate>

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