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The Ministry of Ports & Civil Aviation has launched a formal drive to attract both local and international investors to ...
13/05/2026

The Ministry of Ports & Civil Aviation has launched a formal drive to attract both local and international investors to Mattala Rajapaksa International Airport (MRIA) in a bid to revitalize the country’s aviation sector and stimulate economic growth in the country’s south.

According to the Ministry, the Board of Investment of Sri Lanka (BOI) will work with all stakeholders and prospective investors as a facilitator for this important investment opportunity.

Acting on behalf of Airport and Aviation Services (Sri Lanka) (Private) Limited (AASL), the Ministry has initiated the process of inviting Expressions of Interest (EOIs) covering a wide array of commercial opportunities.

The EOI call is divided into two segments: Airside/Aerodrome Operations, which covers civil airport operations within the inner perimeter, and Landside Operations, encompassing activities within both the outer and inner perimeters of the airport.

The EOI process is open to both domestic and international entities. Documents can be obtained free of charge on working days between 9.00 a.m. and 2.30 p.m. (Sri Lanka time, GMT +5:30) until 8th June 2026.

12/05/2026

Smoking continues cliam over 8 Million lIves globaly each year... 🌍

“Rs. 112 Billion. 100% funded by the Government of Sri Lanka. Zero new loans.”Minister Bimal Rathnayake says Cabinet app...
12/05/2026

“Rs. 112 Billion. 100% funded by the Government of Sri Lanka. Zero new loans.”

Minister Bimal Rathnayake says Cabinet approval for the Rambukkana–Galagedera phase of the Central Expressway is proof of Sri Lanka’s economic recovery, adding that what was once a “distant dream” is now a funded reality under the Finance Ministry’s leadership over the past 18 months.

The number of tourists who have arrived in the country so far this year has exceeded the 900,000 mark.The Sri Lanka Tour...
11/05/2026

The number of tourists who have arrived in the country so far this year has exceeded the 900,000 mark.

The Sri Lanka Tourism Development Authority (SLTDA) stated that 904,855 tourists arrived in the island during the period from January 1st to May 6th.

The largest segment of these tourists are Indian nationals, totaling 200,796.

The Sri Lanka Tourism Development Authority further noted that a significant number of tourists have also arrived from countries including the United Kingdom, Russia, Germany, and China.

Sri Lanka’s official reserve assets fell below the US$ 7 billion mark again in April 2026, according to the latest data ...
10/05/2026

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 total official reserve assets declined from US$ 7.026 billion recorded at the end of March 2026 to US$ 6.759 billion by the end of April.

Data also showed that foreign exchange reserves — the main component of official reserves — dropped from US$ 6.8 billion to US$ 6.505 billion during the month.

Meanwhile, Sri Lanka’s gold reserves declined slightly from US$ 222 million to US$ 219 million.

Sri Lanka and Vietnam intend to increase annual bilateral trade to one billion dollars by 2030, President Anura Kumara D...
09/05/2026

Sri Lanka and Vietnam intend to increase annual bilateral trade to one billion dollars by 2030, President Anura Kumara Dissanayake announced.

The decision was made during bilateral discussions held between himself and the visiting Vietnamese President, he said.

President Dissanayake further invited Vietnamese investors to explore investment and business opportunities in priority sectors of renewable energy, logistics, infrastructure development, tourism and manufacturing.

He also announced that Vietnam has agreed to donate 100 metric tonnes of Urea and superphosphate fertilizer to Sri Lanka to further develop the Agricultural Sector.

The President further announced the official launch of direct flight services between Colombo and Ho Chi Minh City/Hanoi this year.

PayPal is set to launch in Sri Lanka on 15 May, in a move expected to expand formal digital payment channels, initially ...
08/05/2026

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 sources, the initial rollout will focus on enabling inward payments to exporters, with several local banks already appointed as agents for the service.

While an official announcement is yet to be made, sources said the launch is currently scheduled for 15 May, with the Presidential Secretariat likely to host the event.

Banking sector officials have already participated in familiarisation sessions relating to PayPal’s entry into Sri Lanka, while PayPal representatives are understood to have visited the country last month for discussions with local stakeholders and financial institutions regarding the rollout framework.

The move follows months of engagement between the Government, the Central Bank of Sri Lanka (CBSL), and the private sector, aimed at enabling regulated inward remittance functionality through the global online payments platform.

In February, Digital Economy Ministry Secretary Waruna Sri Dhanapala said Sri Lanka had entered the final stage of enabling inward remittances through PayPal, describing it as a key milestone in modernising the country’s digital payments ecosystem.

Applications are now open for the Presidential Environment Awards 2026 📄This national recognition honours industries, pr...
08/05/2026

Applications are now open for the Presidential Environment Awards 2026 📄

This national recognition honours industries, projects, institutions, media, and individuals whose efforts continue to make a meaningful impact on environmental conservation and sustainable development.

If your work reflects commitment, responsibility, and care for a greener future, this is your opportunity to be recognised nationally ✨

Application submission will be closed on 15th May 2026

Use the QR code to apply

For applications and further details:

🌐Visit:https://www.cea.lk/web/component/content/article?layout=edit&id=1841

📞Tel: 0112873447 / 0112872278
☎️Hotline: 0112888999

💚

Sri Lanka’s Finance Ministry has admitted that thousands of Aswesuma welfare recipients received double payments for Apr...
07/05/2026

Sri Lanka’s Finance Ministry has admitted that thousands of Aswesuma welfare recipients received double payments for April due to what officials described as an “accidental” duplicate upload of payment files.

In a statement issued by the Welfare Benefits Board, authorities said a payment “slip file” had been uploaded twice while processing additional festive allowances approved ahead of the Sinhala and Tamil New Year.

According to the statement, nearly 1.7 million beneficiary families were included in the payment process, with files grouped into batches of 90,000 before being sent to the Bank of Ceylon for distribution.

Officials said the duplication resulted in double payments being made to some beneficiaries in the “poor” category.

The Ministry said immediate action had been taken to suspend further duplicate payments and instruct banks to reverse the funds to the Welfare Benefits Board’s accounts.

The Lanka Private Bus Owners’ Association has alleged that Rs. 7 billion in public funds are being wasted on the governm...
07/05/2026

The Lanka Private Bus Owners’ Association has alleged that Rs. 7 billion in public funds are being wasted on the government’s new Metro Bus initiative.

Chairman of the Association, Gamunu Wijeratne, charged that the Metro Bus scheme is implemented by the Sri Lanka Transport Board (SLTB) under another name and warned it would further erode the country’s passenger transport system.

“It is because of the SLTB that passenger transport in Sri Lanka was destroyed. Now, by introducing Metro buses, this government is doing the same again. This is how the Treasury is being wiped out. This is a national crime,” Wijeratne said.

Sri Lanka’s kithul industry has long been rooted in tradition, but innovation is redefining its future.At Only Kithul Lo...
07/05/2026

Sri Lanka’s kithul industry has long been rooted in tradition, but innovation is redefining its future.

At Only Kithul Lounge in Colombo 05, this heritage ingredient is reimagined through a modern culinary lens. With a menu featuring over 100 unique dishes, kithul takes center stage across both Western-inspired mains and indulgent desserts, showcasing its versatility beyond conventional use.

The experience goes beyond dining. An on site Kithul Museum offers guests a journey through the craft from tapping to table highlighting the skill and dedication behind every drop. The open kitchen concept further reinforces transparency, cleanliness, and precision, giving visitors a front row view of the process.

Only Kithul Lounge stands as more than a restaurant. It is a platform that preserves Sri Lankan heritage, supports local tappers, and demonstrates that authentic local ingredients can meet global standards all from the heart of Colombo.

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