What Daily FT does

Daily FT is Sri Lanka's first and only national daily business newspaper, founded in 2004 and operated as a flagship business publication within Wijeya Newspapers Ltd., the country's largest privately held newspaper group. The company publishes business news, market analysis, opinion columns, and lifestyle content, distributing through a multi-platform model that includes a print newspaper (ft.lk), mobile applications, a PressReader-integrated e-paper, and a video sub-brand (FT TV). Sub-brands such as FT Click (lifestyle), FT Lite (lighter cultural content), and FT Funtoon (cartoons) extend the editorial franchise beyond core business journalism. The product surface is built on a standard web-based digital publishing platform with mobile and e-paper components; no proprietary AI, API, or SDK capabilities are disclosed.

Daily FT monetizes primarily through advertising — both digital/print display advertising and classifieds — supplemented by home-delivery subscriptions, event sponsorship (e.g., the Sri Lanka Corporate Director Summit), and integrated classified and recruitment platforms (Hitad.lk, Timesjobs.lk) operated within the Wijeya group. Pricing is quote-based and not publicly disclosed. The company employs 51-100 people and is headquartered in Colombo, serving a horizontal persona mix of Sri Lankan business professionals and government/policy makers, with secondary reach to the global Sri Lankan diaspora via digital distribution.

Name

Daily FT

Legal name

Wijeya Newspapers Ltd.

Website

https://ft.lk

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Business News Media

NAICS

Newspaper Publishers (513110), Periodical Publishers (513120)

SIC

Newspapers: Publishing Or Publishing & Printing (2711)

akta.pro primary industry

National & General-Interest Newspapers (Print & Digital) (MPAJADAA)

Keywords

• Business newspaper
• Financial journalism
• News media
• Digital publishing
• Business news

Headquarters

HQ city

Colombo

HQ country

Sri Lanka

HQ region

Asia

Offices1 record

Markets served

GTM type

B2C

Offering type

Digital Commerce or Content

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Supply Chain

Revenue model

1. Digital and Print Advertising: Revenue generated from web advertising inquiries, print advertising, and classified advertisement placements across multiple platforms including Hitad job board and Timesjobs recruitment service.

Distribution channels4 records

Marketing channels5 records

Core offering

Daily FT is a Sri Lankan national business newspaper that publishes daily business, financial, economic, and policy news for Sri Lankan professionals, investors, and decision-makers. Operated as part of Wijeya Newspapers Ltd., it offers a printed daily edition, a digital website, an e-paper replica, and related video and digital content products targeted at the country's business community.

Product overview

Daily FT operates as a unified news publication platform consisting of its core daily business newspaper product supplemented by multiple digital and lifestyle sub-brands. The core Daily FT newspaper is complemented by FT TV (video content), E-Paper (digital edition via PressReader), FT Click (lifestyle/entertainment), FT Lite (lighter cultural content), and FT Funtoon (cartoons). These products share the common 'FT' branding and are distributed through the ft.lk website, with the E-Paper distributed via PressReader.

Differentiator

Problem solved

Functional benefit

Products and services

• Daily FT
• FT E-Paper
• FT TV
• FT Click
• FT Lite Lightweight digital content edition associated with Daily FT, aimed at readers seeking a quicker, condensed news reading experience.
• FT Funtoon

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core and flagship.

• PressReadercoreTechnology or IntegrationIntegration partnership providing e-paper access through PressReader platform, enabling global digital readership expansion for Daily FT content.
• Wijeya Newspapers Ltd.flagshipOthersParent company and flagship publication within Sri Lanka's largest newspaper group, providing shared infrastructure, distribution network, and cross-promotional opportunities across publications including Daily Mirror, Sunday Times, Lankadeepa, and regional titles.

Scale indicators1 record

Recent moves6 records

Expansion highlights5 records

Direct peers

• The Daily News (Sri Lanka): The Daily News is a competing national daily newspaper in Sri Lanka, published by the Associated Newspapers of Ceylon. It targets a similar English-reading, business-aware audience and competes directly with Daily FT for advertising spend and reader attention in the Sri Lankan market.
• Lankadeepa: Lankadeepa is a sister Sinhala-language daily within Wijeya Newspapers Ltd. and Sri Lanka's largest-circulating Sinhala newspaper. It shares group infrastructure and classified platforms with Daily FT and represents the dominant mass-market counterpart in the same media group.
• Sunday Times (Sri Lanka): Sister weekly publication of Daily FT under Wijeya Newspapers Ltd., Sunday Times is Sri Lanka's leading English-language Sunday newspaper. It operates with the same editorial, distribution, and commercial infrastructure as Daily FT, offering a comparable premium-news product on a different publishing cadence.
• Daily Mirror (Sri Lanka): Sister publication under Wijeya Newspapers Ltd., Daily Mirror is a national English-language daily newspaper in Sri Lanka covering general news, business, and sports. It shares the same distribution infrastructure, classified platforms, and group cross-promotion, making it the closest operational peer within the same group.

Regional players

• Mint (HT Media): Mint is a prominent Indian business newspaper published by HT Media in partnership with the Wall Street Journal. It serves an executive readership with a digital-first, multi-platform model closely analogous to Daily FT's positioning as a premium business daily.
• Business Standard (India): Business Standard is a leading Indian daily business newspaper covering economy, markets, and policy. It is comparable to Daily FT in business-niche focus and B2B advertising orientation, though operating at materially larger scale in the Indian market.
• Business Times (Singapore): Business Times Singapore is a regional English-language business daily published by SPH Media Trust, covering markets, corporate news, and policy in Southeast Asia. It is conceptually analogous to Daily FT as a focused business daily in its home market.
• The Economic Times (India): The Economic Times is India's largest-selling English-language business daily. It is a comparable regional business newspaper with similar coverage of markets, corporate news, and policy, serving a comparable executive and investor audience.
• The Hindu BusinessLine: The Hindu BusinessLine is India's leading English-language daily business newspaper, covering markets, economy, and policy. It is a strong comparable for Daily FT in terms of niche business-daily positioning, B2B advertising model, and editorial focus, although it operates in the larger Indian market.

Broad incumbents

• Financial Times: Financial Times is the global gold-standard English-language business newspaper with a strong digital subscription model and similar 'FT' branding. While operating at vastly greater scale and international reach, it shares Daily FT's core orientation toward executive readers, market intelligence, and B2B advertising.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/FT_SriLanka
• Facebookfacebook.com/dailyft
• LinkedInlinkedin.com/company/daily-ft

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Daily FT