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Economy

Online traffic fine payment system : New update

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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 ranked second most peaceful nation in South Asia

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Sri Lanka has been ranked 67th in this year’s Global Peace Index conducted by the Institute for Economics and Peace.

Sri Lanka with an overall score of 1.91 in 2026 is only behind Bhutan in the South Asian region, according to the yearly study that ranks 163 independent states and territories based on their level of peacefulness.

Bhutan is ranked 16th most peaceful nation in the world. Meanwhile, Sri Lanka was ranked 97th in the world in 2025.

The Global Peace Index measures a range of factors, including personal safety, internal and international conflict, militarization, political stability, crime, terrorism and more.

According to the 2026 report, South Asia recorded the worst deterioration in peacefulness on the 2026 GPI, with the average overall score deteriorating by 2.3 per cent. The region is ranked seventh of the eight GPI regions.

Five of the seven countries in the South Asian region deteriorated, with only two recording improvements. The deterioration was driven overwhelmingly by the ongoing conflict domain, which recorded the largest change at 7.1 per cent, reflecting escalating internal conflicts and cross-border tensions across the subcontinent.

The safety and security domain was relatively stable, while the militarisation domain recorded a small average deterioration.

Bhutan which is ranked 16th globally on the 2026 GPI was ranked 69th globally in 2008. Bhutan recorded a marginal deterioration of 0.4 per cent over the past year.

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Economy

Sri Lanka records highest-ever tourist arrivals in May

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Sri Lanka’s tourism industry achieved a historic milestone in May, recording its highest-ever tourist arrivals for the month with 145,745 visitors, surpassing the previous May record of 132,919 arrivals in 2025 and registering a 9.65% year-on-year (YoY) increase.

The strong performance comes despite challenges posed by geopolitical tensions in the Middle East, which disrupted long-haul air traffic and increased travel costs across several key markets.

The latest data released by the Sri Lanka Tourism Development Authority (SLTDA) indicate a gradual strengthening in monthly arrival momentum after several months of relatively subdued growth.

The May performance pushed cumulative arrivals for the first five months of 2026 above the 1 million mark, reaching over 1.02 million visitors. However, year-to-date (YTD) arrivals remain marginally lower, down 1% compared to the corresponding period last year.

Tourism Minister Vijitha Herath yesterday described the achievement as a significant turning point for the industry, highlighting the recovery from pandemic-era lows.

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Economy

Government to launch suburban rail electrification project from 2027

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Sri Lanka will begin a phased programme to electrify and modernise its suburban railway network starting in 2027, Deputy Minister of Transport and Highways Prasanna Gunasena announced.

It is reported that the initiative, developed on presidential instructions, will focus on two priorities: restoring damaged railway infrastructure and introducing an electrified commuter rail system. 

Officials said immediate efforts will concentrate on repairing tracks to resume services quickly, followed by slope protection measures such as retaining walls and improved drainage to minimise landslide and weather‑related risks.

In the second stage, upgrades will target key commuter corridors including the Coastal Line, the Main Line via Polgahawela and Rambukkana, and the Kelani Valley Line. 

Under the Colombo suburban rail modernisation plan, electrified services are scheduled to roll out from 2027 on the Fort–Ragama, Fort–Panadura, and Maradana–Makumbura routes. These lines will later be integrated into a wider suburban rail loop designed to ease daily travel into Colombo.

The project will introduce standard‑gauge tracks (4 feet 8.5 inches) and new electric trains to support frequent short‑distance services. 

Officials emphasized that the metro‑style commuter rail cannot be rolled out in one go due to its scale and cost, and will therefore be delivered in stages. 

The long‑term plan envisions a complete transformation of suburban transport, with full implementation expected to take between 10 and 15 years.

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