Govt. owes over Rs. 200 b to contractors; unilaterally halts State-funded projectsCeylon Institute of Builders claims 650,000 have lost employmentCites import restrictions, high cost of locally made material; rupee depreciation and high interest rates …
Retailers’ Association urges immediate action to revitalise business | Daily FT
The Sri Lanka Retailers’ Association (SLRA), the apex body of organised retail in Sri Lanka, has raised growing concern about the current standing of the local retail sector. “If the retail sector collapses completely, it will greatly affect its larger…
Al-Futtaim to restructure AMW operation in response to impact of crisis in SL | Daily FT
Company looks to ensure future sustainability by restructuring business across the country AMW, a wholly owned company of UAE-headquartered Al-Futtaim Group, has announced that it has begun the process of identifying locations to close across Sri Lanka…
Nuwara Eliya Golf Club Ladies Championship 2022 Ladies Golf to tee off on 12 November in NEGC | Daily FT
By Shamseer Jaleel The annually conducted Ladies events such as the Championship, Captain’s Cup and President’s Prize, are all three prestigious tournaments that will take place on 12 and 13 November at the century plus year old esteemed Nuwara-Eliya G…
Sri Lanka Rugby conducted Under-24 league into week 2 | Daily FT
Sri Lanka Rugby (SLR) conducted Nippon Paint Under-24 XV a side rugby league will reach its week two with four matches down for decision in week two. Two of the matches will be played in Colombo while one each will be taking place in Kurunegala and Bad…
Arjuna wants Sports Minister to appoint independent committee to probe into incidents in Australia | Daily FT
Calls for change in national cricket selectorsFormer World Cup winning captain and current National Sports Council Chairman Arjuna Ranatunga has called for a new national Cricket Selection Committee to be appointed following Sri Lanka’s failure to qual…
Black Caps blown away by Pakistan cyclone | Daily FT
Man of the match Pakistan’s Muhammad Rizwan in action Pakistan’s Captain Babar Azam celebrates his 50 Shaheen Shah Afridi celebrates after taking the wicket of New Zealand’s Captain Kane Williamson Pakistan enters 3rd T20 World Cup final as previous to…
COP27: A global climate summit to catalyse action | Daily FT
COP27 will take place in Sharm El Sheikh, Egypt, to discuss crucial issues and topics related to global and national climate action COP27 is starting in less than a week and will bring together tens of thousands of people in Sharm El Sheikh, Egypt. Rep…
Kra Canal: Leveraging connectivity for Sri Lanka’s economic and strategic benefits | Daily FT
Executive Summary Indian Ocean region and the vast landscape situated encircling the Ocean are considered to be one of the world’s prominent hubs for sea trade since the bygone era. The notable reason for the significance of the Indian Ocean is the abu…
Increase taxes along with transparency | Daily FT
In the coming week the Appropriation Bill for the year 2023 will be taken up for its second reading. President Rajapaksa as the Minister of Finance will present the budget 2023 on 14 November. The next budget can be one of the most consequential in his…