Economy

Sri Lanka’s official reserve assets fell below the US$ 7 billion mark again in April 2026, according to the latest data released by the Central Bank of Sri Lanka. The country’s… Read more: Sri Lanka’s official reserves fall below US$ 7 billion

PayPal is set to launch in Sri Lanka on 15 May, in a move expected to expand formal digital payment channels, initially starting with business-to-business (B2B) payments to exporters. According to… Read more: PayPal to launch in Sri Lanka from May 15

Sri Lanka has launched a pilot programme to enable online seat reservations for long-distance bus travel, Transport and Highways Minister Bimal Rathnayake announced today. Speaking at a media briefing, the Minister… Read more: Sri Lanka tests online ticket booking platform or intercity bus travel

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… Read more: Government to consider cable car project at Sri Pada to boost tourism

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… Read more: Sri Lanka’s tourist arrivals exceed 840,000 so far this year

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… Read more: Haputale restaurant fined Rs. 1 million forover pricing bottled water

Sri Lanka’s Ministry of Finance, Planning, and Economic Development has announced that the country’s first digital motor insurance card will be introduced from May 1. The Ministry stated that this initiative… Read more: Sri Lanka to Launch First Digital Motor Insurance Card from May 1