Wednesday, 29 June 2022 00:00

Economy contracts by 1.6% in 1Q

The economy in the first quarter had contracted by 1.6%, the Department of Census and Statistics (DCS) revealed yesterday, confirming that the country ..

Tourism sector urges extension of Rs. 500 b debt moratorium

Wednesday, 29 June 2022 00:30

By Nisthar Cassim The tourism sector yesterday urged for the extension of the Rs. 500 billion debt moratorium by a further six months till December t ..

Monetary Board decides to liquidate five failed finance companies

Wednesday, 29 June 2022 00:27

The Monetary Board has decided to liquidate five failed finance companies in accordance with applicable legal provisions. The five are Central Invest ..

Dhammika Perera’s Ministry responsibilities and institutions gazetted

Wednesday, 29 June 2022 00:23

An Extraordinary Gazette published on Monday listed the core responsibilities and institutions under Dhammika Perera’s Ministry of Investment Promot ..

President Biden announces $ 20 m extra funding to feed over 800,000 Lankan children

Wednesday, 29 June 2022 00:21

US President Joe Biden at the G7 Summit yesterday announced $ 20 million in additional assistance to strengthen food security in Sri Lanka. Building ..

Lack of a framework can make debt restructuring difficult to resolve

Wednesday, 29 June 2022 00:00

‘Options for Debt Restructuring in Sri Lanka’ was the chosen theme for a webinar that was organised jointly by the International Chamber of Commer ..

Gigantic bond auction attracts 94% in successful bids

Wednesday, 29 June 2022 00:00

By Wealth Trust Securities The all-time high offered volume of Rs. 150 billion at yesterday’s bond auctions saw Rs. 142.25 billion or 94.83% in tot ..

FR petition against those responsible for economic crisis to be taken up today

Tuesday, 28 June 2022 01:58

The Fundamental Rights petition filed in the Supreme Court by Transparency International Sri Lanka and three individuals calling for action against pe ..

Bar Association raps Govt. over continuous failure in uninterrupted supply of fuel

Tuesday, 28 June 2022 01:57

The Bar Association of Sri Lanka (BASL) yesterday rapped the Government over its failure to ensure uninterrupted supply of fuel which it warned threat ..

CEB request for 82% tariff hike, but PUCSL says it should not exceed 57%

Tuesday, 28 June 2022 01:53

Electricity regulator, Public Utilities Commission (PUCSL) Chairman Janaka Ratnayake yesterday affirmed despite the Ceylon Electricity Board seeking a ..

Premier Ceylon Energy invents self-energising electricity generator

Tuesday, 28 June 2022 01:52

Premier Ceylon Energy Ltd., has researched and developed yet another innovative new concept and specialised electricity generating engineering finding ..

Govt. cuts cap on maximum forex in hand to $ 10,000; amnesty and new rules for conversion

Monday, 27 June 2022 02:24

The Government has reduced the cap on the maximum foreign exchange one can have in possession to $ 10,000 or its equivalent in other currencies from $ ..

22nd Amendment to be gazetted today

Wednesday, 29 June 2022 00:28

The 22nd Amendment to the Constitution will be published in the Gazette today, following which it will be presented to Parliament after seven days, Ju ..

Cabinet nod to liberalise petroleum industry

Wednesday, 29 June 2022 00:26

The Cabinet of Ministers at its meeting on Monday decided to liberalise the petroleum industry by allowing companies from oil-producing countries to e ..

Cabinet green light to get new jet fuel suppliers

Wednesday, 29 June 2022 00:22

The Cabinet of Ministers has given the green light to allow the importation, supply, and sale of Jet A-1 aviation fuel to bunkers registered with the ..

Cabinet nod to start talks for fresh $ 57 m USAID funding

Wednesday, 29 June 2022 00:20

The Cabinet of Ministers at its meeting on Monday agreed to start talks for a fresh $ 57 million funding from the US Agency for International Developm ..

Meta and other tech giants form metaverse standards body, without Apple

Wednesday, 29 June 2022 00:00

Meta, Microsoft and other tech giants racing to build the emerging metaverse concept have formed a group to foster development of industry standards t ..

SEC, CSE, and CFA Society SL aim to strengthen ESG focus in capital market

Wednesday, 29 June 2022 00:00

The Securities and Exchange Commission of Sri Lanka (SEC), the Colombo Stock Exchange (CSE) and the CFA Society Sri Lanka (CFASSL) have entered into a ..

Fuel only to essential services for two weeks

Tuesday, 28 June 2022 01:58

Strangled by shortages and no new shipments, the Cabinet of Ministers last night has decided to immediately supply fuel ‘only’ to essential servic ..

Industry veteran Niraj de Mel appointed new Chairman of Sri Lanka Tea Board

Tuesday, 28 June 2022 01:54

Sri Lanka Tea Board yesterday announced that Niraj de Mel has been appointed as the Chairman of the Board. ..

President directs officials to import fuel using funds in hand

Tuesday, 28 June 2022 01:53

President Gotabaya Rajapaksa yesterday directed officials to hurry import of fuel using funds in hands. ..

Budget deficit expands by 21% in 1Q

Monday, 27 June 2022 02:25

The overall Budget deficit in the first quarter has expanded by 21% to Rs. 483.3 billion from a year ago. ..

Govt. hikes fuel prices again

Monday, 27 June 2022 02:19

The Government yesterday increased fuel prices across the board, forcing further agony on people already suffering from severe shortages. ..

Tourism sector urges extension of Rs. 500 b debt moratorium

Wednesday, 29 June 2022 00:30

By Nisthar Cassim The tourism sector yesterday urged for the extension of the Rs. 500 billion debt moratorium by a further six months till December t ..

22nd Amendment to be gazetted today

Wednesday, 29 June 2022 00:28

The 22nd Amendment to the Constitution will be published in the Gazette today, following which it will be presented to Parliament after seven days, Ju ..

Monetary Board decides to liquidate five failed finance companies

Wednesday, 29 June 2022 00:27

The Monetary Board has decided to liquidate five failed finance companies in accordance with applicable legal provisions. The five are Central Invest ..

Cabinet nod to liberalise petroleum industry

Wednesday, 29 June 2022 00:26

The Cabinet of Ministers at its meeting on Monday decided to liberalise the petroleum industry by allowing companies from oil-producing countries to e ..

Dhammika Perera’s Ministry responsibilities and institutions gazetted

Wednesday, 29 June 2022 00:23

An Extraordinary Gazette published on Monday listed the core responsibilities and institutions under Dhammika Perera’s Ministry of Investment Promot ..

Cabinet green light to get new jet fuel suppliers

Wednesday, 29 June 2022 00:22

The Cabinet of Ministers has given the green light to allow the importation, supply, and sale of Jet A-1 aviation fuel to bunkers registered with the ..

President Biden announces $ 20 m extra funding to feed over 800,000 Lankan children

Wednesday, 29 June 2022 00:21

US President Joe Biden at the G7 Summit yesterday announced $ 20 million in additional assistance to strengthen food security in Sri Lanka. Building ..

Cabinet nod to start talks for fresh $ 57 m USAID funding

Wednesday, 29 June 2022 00:20

The Cabinet of Ministers at its meeting on Monday agreed to start talks for a fresh $ 57 million funding from the US Agency for International Developm ..

Lack of a framework can make debt restructuring difficult to resolve

Wednesday, 29 June 2022 00:00

‘Options for Debt Restructuring in Sri Lanka’ was the chosen theme for a webinar that was organised jointly by the International Chamber of Commer ..

Meta and other tech giants form metaverse standards body, without Apple

Wednesday, 29 June 2022 00:00

Meta, Microsoft and other tech giants racing to build the emerging metaverse concept have formed a group to foster development of industry standards t ..

Gigantic bond auction attracts 94% in successful bids

Wednesday, 29 June 2022 00:00

By Wealth Trust Securities The all-time high offered volume of Rs. 150 billion at yesterday’s bond auctions saw Rs. 142.25 billion or 94.83% in tot ..

SEC, CSE, and CFA Society SL aim to strengthen ESG focus in capital market

Wednesday, 29 June 2022 00:00

The Securities and Exchange Commission of Sri Lanka (SEC), the Colombo Stock Exchange (CSE) and the CFA Society Sri Lanka (CFASSL) have entered into a ..

FR petition against those responsible for economic crisis to be taken up today

Tuesday, 28 June 2022 01:58

The Fundamental Rights petition filed in the Supreme Court by Transparency International Sri Lanka and three individuals calling for action against pe ..

Fuel only to essential services for two weeks

Tuesday, 28 June 2022 01:58

Strangled by shortages and no new shipments, the Cabinet of Ministers last night has decided to immediately supply fuel ‘only’ to essential servic ..

FT FUNTOON

Cartoon 28.06.2022

Tuesday, 28 June 2022 01:48

Cartoon 24.06.2022

Saturday, 25 June 2022 00:00

Cartoon 23.06.2022

Thursday, 23 June 2022 01:51

Cartoon 17.06.2022

Friday, 17 June 2022 00:00

Cartoon 13.06.2022

Monday, 13 June 2022 00:00

FT TV

High-level U.S. delegation meets President

Tuesday, 28 June 2022 15:58

The visiting high-level US diplomatic delegation has met with President Gotabaya Rajapaksa and stated that the US Government will continue its support ..

President directs officials to import fuel using funds in hand

Tuesday, 28 June 2022 15:11

US technical assistance for fiscal management

Tuesday, 28 June 2022 13:31

Dhammika Perera sworn in as Investment Promotion Minister

Friday, 24 June 2022 21:31

’’Ownership of lands and houses will be granted legally’’: PM

Friday, 24 June 2022 19:49

Sri Lanka Navy apprehended another 35 persons attempting to illegally migrate

Friday, 24 June 2022 15:57

FT Click

A glimpse at AIA’s national safety endeavour, Poson Safety Program

Tuesday, 28 June 2022 01:26

Mercantile Hockey Association 66th AGM

Tuesday, 28 June 2022 01:25

IT / Telecom / Tech

NCINGA launches Cloud native autonomous SOC service

Wednesday, 29 June 2022 00:08

Scalefusion takes mobile device management to the next level

Wednesday, 29 June 2022 00:05

SLASSCOM National Ingenuity Awards 2022 on Friday

Wednesday, 29 June 2022 00:03

FT Lite

Sail Lanka Charter launches 6-night cruise in eastern waters

Saturday, 25 June 2022 00:05

A six-night cruise in the seas off eastern Sri Lanka is proving popular among expats and tourists. The Sail Lanka cruise which begins in Dutch Bay, Tr ..

‘Harry Potter and the Philosopher’s Stone’

Saturday, 25 June 2022 00:01

Hilton Colombo woos with Salt of the Sea

Saturday, 25 June 2022 00:00

Opinion and Issues

Country in a mess: Recovery possible, but not easy

Wednesday, 29 June 2022 00:10

The country having gone through a heavy lockdown with the COVID pandemic is aiming for another lockdown, with Government offices closed on Fridays and ..

The day of reckoning has finally dawned

Wednesday, 29 June 2022 00:05

The outcome of Sri Lankan education system: Quality or quantity?

Wednesday, 29 June 2022 00:00

FT View - Editorial

Nothing to fuel the way forward

Wednesday, 29 June 2022 00:00

Towards the beginning of last week, promises about fuel supply went up in flames as tankers that were allegedly making its course to Sri Lankan waters ..

No pride in Sri Lanka

Tuesday, 28 June 2022 02:06

No pride in Sri Lanka

Tuesday, 28 June 2022 00:48

Time to reform draconian abortion laws

Monday, 27 June 2022 00:59

Maithripala Sirisena and the Royal Park murderer’s pardon

Saturday, 25 June 2022 00:00

Big say for a little piece

Friday, 24 June 2022 00:00

Special Report

Daily FT-Colombo Uni. MBAA Knock Knock 2022 forum opens doorway to success for agri, dairy, fisheries sectors in post-pandemic setup

Wednesday, 1 June 2022 00:00

Top industry experts highlighted new opportunities in the fast-growing sectors of agribusiness, dairy and fisheries at a full-day forum organised by t ..

Dollar earnings-rich companies confident amidst crisis

Tuesday, 17 May 2022 01:55

Colombo bourse sees ray of hope amidst blood bath

Thursday, 28 April 2022 00:00

FT NEWS

Navy arrests 54 more attempting to illegally migrate to Australia

Cabinet nod to revise train fares as per fuel hike

Bus fares up by 30%

LIOC announces new restrictions

Cabinet approves removal of mandatory family background report for female migrant workers

US assures Rajapaksa continuous support to strengthen relationship with IMF

Govt. to resume Jaffna Airport operations from Friday

Kanchana holds talks with Qatar’s Energy Minister

Human Rights Council appoints Radhika Coomaraswamy to serve on Ethiopia rights body

US technical assistance for fiscal management

Power cuts to remain for 1.5 - 2 years: PUCSL Chief

G7 aims to raise $ 600 b to counter China’s Belt and Road

Milinda meets India’s Minister of Petroleum and Natural Gas

PSC on electoral reform recommends control of election expenses, code of conduct for candidates

Support cannot be gained when leadership does not reflect will of people: SJB

Social Security Contribution Levy Bill to Parliament shortly

Colombo and city schools closed till 1 July

Three ministers on diplomatic missions to seek support amidst crisis

Indian Foreign Secretary Vinay Kwatra calls on Foreign Secretary Aruni Wijewardane

Ranil kicks off ‘Land for All’ program

Education Forum SL calls for urgent action on national education policy issues

SL, Bangladesh commit to boost ties

Islamic Republic of Iran pledges medical assistance to Sri Lanka

Former Australian PM Howard shares insights on ‘Talking Foreign Affairs’

Y’s Men Intl. Asia Pacific President Ben Tsutomu to address YM Convention in Colombo today

Korean nationals living in SL donate educational items to students

SriLankan Airlines’ Cares airlifts critical medicine to Sri Lanka

Fresh Rs. 3 b worth consignment of humanitarian supplies from India

Govt. issues circular to send State workers for foreign employment

Suu Kyi moved to solitary confinement in prison

Justice Minister says 21A first step in long process of overcoming challenges

President meets envoys of Southeast Asian countries seeking to boost trade, investment

COPE to hold special meeting to discuss CEB

Power cuts to continue till Norochcholai power plant is fully functional: Minister

FT TV

High-level U.S. delegation meets President

President directs officials to import fuel using funds in hand

US technical assistance for fiscal management

Dhammika Perera sworn in as Investment Promotion Minister

Business News

Hayleys Fabric natural mahogany dye listed on Top 10 innovations for ISPO Textrends 2024

COPA instructs officials to prepare road map for gas exploration in country

Dankotuwa group shines with impressive performance in FY22

Hayleys Solar launches “Energynet” to combat power outages, non-availability of fossil fuels

Dr. Sanjiva Weerawarana receives 2022 IEEE TCSVC Research Innovation Award

SAFA SME Development Conference 2022

Today's Columnists

Country in a mess: Recovery possible, but not easy

The day of reckoning has finally dawned

The outcome of Sri Lankan education system: Quality or quantity?

Economic crisis, public outcry, foreign reserves and remittances

Financial literacy: A closer look at Sri Lanka – Part 2

Five investments to look out for in Sri Lanka post-IMF bailout

Child’s guide to debt restructuring: Not a cakewalk but a task entailing hard work

Unleash economic value in Sri Lanka

Sri Lanka struggles sans immediate solutions to dollar crisis

Financial literacy: A closer look at Sri Lanka – Part 1

FT TV

High-level U.S. delegation meets President

President directs officials to import fuel using funds in hand

US technical assistance for fiscal management

Dhammika Perera sworn in as Investment Promotion Minister

Business News

Hayleys Fabric natural mahogany dye listed on Top 10 innovations for ISPO Textrends 2024

COPA instructs officials to prepare road map for gas exploration in country

Dankotuwa group shines with impressive performance in FY22

Hayleys Solar launches “Energynet” to combat power outages, non-availability of fossil fuels

Dr. Sanjiva Weerawarana receives 2022 IEEE TCSVC Research Innovation Award

SAFA SME Development Conference 2022

Today's Columnists

Country in a mess: Recovery possible, but not easy

The day of reckoning has finally dawned

The outcome of Sri Lankan education system: Quality or quantity?

Economic crisis, public outcry, foreign reserves and remittances

Financial literacy: A closer look at Sri Lanka – Part 2

Five investments to look out for in Sri Lanka post-IMF bailout

Child’s guide to debt restructuring: Not a cakewalk but a task entailing hard work

Unleash economic value in Sri Lanka

Sri Lanka struggles sans immediate solutions to dollar crisis