Economy

Online traffic fine payment system : New update

Published

8 months ago

March 25, 2025

The Information and Communication Technology Agency (ICTA) says steps are being taken to enable Govpay for the payment of traffic fines.

According to ICTA Board Member, Harsha Purasinghe, the public will very soon be able to settle traffic fines through Govpay, to provide relief to motorists.

It is reported that groundwork in this regard has been completed by the ICTA and an agreement is set to be signed soon.

Govpay is a newly introduced official online payment platform for government-related services, such as taxes, fines, utility bills, and educational fees.

Speaking during a recent forum in Colombo, Harsha Purasinghe revealed that the newly appointed ICTA Board had found that despite being piloted, the Govpay digital payment platform had not been introduced.

“After coordination with several other agencies, Govpay was finally launched to the public with many new features within a short period. When we launched Govpay on the 7th, we had 16 government organisations on board. As of today, we have 25 organisations. Every week, we are adding new public institutions,” Purasinghe said.

Economy

Sri lanka’s domestic exports rise by 5.2%

Published

1 day ago

November 6, 2025

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The Central Bank of Sri Lanka (CBSL) reports that domestic exports of goods and materials have grown by 5.2% during the first nine months of this year, compared to the same period in 2024.

According to official data, export earnings for the period reached US$ 10,215.1 million, up from US$ 9,518.1 million recorded last year.

The increase reflects a steady improvement in the country’s export performance, supported by higher demand and stronger production across key sectors.

Economy

SriLankan Airlines group loses Rs10.7bn in three months, operating losses up

Published

4 days ago

November 3, 2025

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State-run SriLankan Airlines group has lost 10.7 billion rupees in the three months to June 2025, down from 12.9 billion rupees last year but operating losses had widened, despite improvement in traffic, a Finance Ministry report said.

SriLankan had posted revenues of 51.7 billion rupees, up 1.5 billion rupees in the June quarter, helped by high higher traffic volumes and a big improvement in load factor to 82.3 percent a from 74.8 last year.

The airline had carried more than one million passengers across 3,217 flights during the quarter, with traffic growing 23 percent, the report said.

But cargo revenue had declined 13 percent to 7.1 billion rupees, and other revenues had also fallen, bringing net traffic revenues to 62.7 billion rupees, down from 63.8 billion rupees last year.SriLankan Airlines group loses Rs10.7bn in three months, operating losses up

Economy

Sri Lanka is the second most expensive country in South Asia to live in

Published

5 days ago

November 2, 2025

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Sri Lanka is the second most expensive South Asian Association for Regional Cooperation (SAARC) country to live with cost of living for an individual being $506 or Rs. 153,899 excluding rent to live a comfortable life according to Numbeo, a user-generated cost-of-living statistics website.

According to the website for a family of four living in the city of Colombo, the monthly costs are Rs. 570,997 excluding rent to live comfortably. This includes the cost of childcare, groceries, outings, dining, school fees, house expenses, vehicle expenses etc.

Numbeo is the world’s largest cost of living database and a crowd sourced global resource for quality of life data. It provides insights into cost of living. According to the site Maldives is considered the most expensive SAARC country to live in comfortably with a cost of $840.4 per person.

Source – Dailymirror