Tourist arrivals in July top 145,000
A total of 145,188 tourists have arrived in the country thus far in July, data from the Sri Lanka Tourism Development Authority (SLTDA) shows.
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Temple Trees to open for MICE events
The Sri Lanka Convention Bureau (SLCB) plans to open the 4,000-seat hall at Temple Trees, the Prime Minister’s official residence, for meetings, incentives, conferences, and exhibitions (MICE), according to Chairperson Dheera Hettiarachchi. Speaking at the launch of Sri Lanka MICE Expo 2025, Hettiarachchi said the venue has not been publicly promoted for such events due to political restrictions but holds …
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Central Bank,SL holds rates amid U.S. Tariff talks
The Central Bank of Sri Lanka has kept its main interest rate steady at 7.75%, saying the current policy is right for the country’s recovering economy. However, the bank also said it might lower rates again later this year if inflation stays low. Central Bank Governor Dr. Nandalal Weerasinghe said inflation is expected to rise slightly in the coming months …
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Sri Lanka capital investment projects take off soon
Sri Lanka capital investment projects will take off soon with the delays being addressed, Cabinet Spokesman and Media Minister Nalinda Jayatissa said.
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Credit Card Usage Rises as Economy Recovers and Rates Fall
Credit card usage in Sri Lanka is on the rise as economic stability returns and interest rates continue to decline.
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Sri Lanka’s FDI Surges 101% in H1 2025, Hits $507 Million
Sri Lanka has registered a remarkable 101% year-on-year (YoY) surge in realised foreign direct investment
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IMF warns of trade threats to SL’s growth
Sri Lanka’s economy is expected to grow by 3.5% this year, after recording 5% growth last year, according to the World Bank, showing signs of steady recovery from the 2022 financial crisis. However, the International Monetary Fund (IMF) warns that global trade issues, especially with the United States could slow down that progress. In a statement issued after completing its …
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SL ahead in digital finance access, says WB report
The Global Findex 2025 report by the World Bank highlights that Sri Lanka has performed better than many South Asian countries in providing access to bank accounts and digital payments. According to the report, over 650 million adults globally still don’t have a financial account, and many lack access to mobile phones or digital financial services. More than half of …
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Temporary driving licenses for tourists to be issued at BIA
The Department of Motor Traffic (DMT) has announced that a new system for issuing temporary driving licenses to tourists arriving in Sri Lanka
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3M tourism target 2025: SL falls behind
Sri Lanka’s target of attracting 3 million tourists in 2025 is facing significant challenges, with the latest figures pointing to a considerable shortfall. According to official data, a total of 1,247,815 tourists had visited the country by July 13, representing just 41.6% of the annual target. Between July 1 and 13, Sri Lanka welcomed 79,771 foreign visitors, a mere 0.9% …
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