Connect with us

Economy

Sri Lanka worker remittances up 21-pct to USD712mn in October 2025

Published

on

Sri Lanka’s official remittances rose 21.2 percent to 712 million dollars in October 2025, while the total in the first 10 months reached 6.52 billion dollars rising 20.1 percent from a year ago, central bank data showed, with more people leaving to work abroad.

The island nation is likely to surpass the 2017 record high remittances of USD 7.16 billion this year with more inflows from Sri Lankan expatriates expected in the last two months of the year.

The worker remittances hit a six-year high in 2024 after a record number from the island nation’s labour force left the country searching for foreign jobs amid Sri Lanka’s recovery from an unprecedented 2022 economic crisis, official data showed.

In 2024 full year remittances rose 10.1 percent to 6.57 billion dollars, from nearly 6 billion in the previous year.

Economy

Government to consider cable car project at Sri Pada to boost tourism

Published

on

By

The government is exploring the introduction of cable car facilities at Sri Pada (Adam’s Peak), as part of broader efforts to enhance tourism infrastructure.

The proposal was discussed at a Tourism Task Force meeting held on Tuesday (28) at the Presidential Secretariat under the patronage of Foreign Affairs, Foreign Employment and Tourism Minister Vijitha Herath.

During the meeting, it was noted that long-standing requests have been made to introduce a cable car system in the Sri Pada area, and several other locations, including Kikiliyamana and Ella, have also been identified as potential sites for similar projects.

Conducting feasibility studies for these locations, obtaining the necessary preliminary approvals and examining the reports required for implementation was focused on during the meeting.

Moreover, the meeting also reviewed plans to introduce a visa-free facility for citizens of 40 countries from May 25, a move expected to boost tourist arrivals.

Progress on improving sanitation facilities in 19 national parks, including Yala, was also discussed, with authorities noting that maintenance responsibilities have been assigned to a private entity.

Plans to establish a dedicated tourist zone along the coastal stretch from Kollupitiya were also discussed, with expectations that the initiative could attract between 2,000 and 3,000 visitors.

Continue Reading

Economy

Sri Lanka’s tourist arrivals exceed 840,000 so far this year

Published

on

By

The Sri Lanka Tourism Development Authority (SLTDA) stated that the number of tourist arrivals in Sri Lanka so far has crossed the 840,000 mark.

Accordingly, a total of 840,411 tourists have visited the country between January 1 and April 22, 2026.

The highest number of arrivals has been recorded from India, with 176,465 tourists, the SLTDA noted. 

A significant number of visitors have also arrived from countries including the United Kingdom, Russia, Germany, and China.

Meanwhile, the SLTDA stated that a total of 99,777 tourists arrived in the country between April 1 and April 22, 2026.

However, the data indicate that daily tourist arrivals in April have declined significantly compared to previous months.

Continue Reading

Economy

Haputale restaurant fined Rs. 1 million forover pricing bottled water

Published

on

By

A restaurant in Haputale has been fined Rs. 1 million for selling a bottle of drinking water above the maximum retail price.

The fine was imposed by the Bandarawela Magistrate’s Court on April 24 following a raid conducted by the Consumer Affairs Authority Badulla District Office.

The raid targeted a restaurant owned by a private company on Welimada Road in Haputale. Authorities found that the establishment had sold bottled water at a price exceeding the approved limit.

The court subsequently imposed a fine of Rs. 1,000,000 on the hotel. 

Continue Reading
Advertisement

Trending