The PUCSL approved a roughly 10% overall electricity tariff revision for Q2 2026, with domestic consumers using over 180 units facing hikes of up to 25.3%. A new EV charging station tariff also took effect.
National Development Bank disclosed a major fraud estimated at Rs. 380 million committed by employees in connivance with third parties. The bank says losses could be substantially higher as investigations continue.
Seylan Bank and GS EVO Motors signed an MOU to offer specialised electric vehicle leasing with rates starting at 10% and repayment terms up to seven years, with 24-hour approvals through Seylan's branch network.
Tourist arrivals to Sri Lanka dropped 19.7% year-on-year in March 2026 to 183,979, with daily arrivals plunging over 40% from February as the Middle East conflict disrupted key flight routes and source markets.
Tourist arrivals surpass 800,000 in the first quarter, with India and China leading visitor numbers as the island nation's recovery accelerates.
Sri Lanka and the World Bank Group signed a new Country Partnership Framework combining over $1 billion in IFC investment and up to $1 billion in concessional financing, targeting 7% GDP growth and 70% renewable energy by 2030.
Major international firms announce investment plans for the Colombo Port City special economic zone, signaling growing confidence in Sri Lanka's financial hub ambitions.
Net foreign selling of Sri Lankan government securities hit US$44.1 million in the two weeks to March 31, marking the 10th selling week in 29 amid Middle East tensions and rupee pressure.
Customs revenue exceeded the monthly target by 25.2% in March, with first-quarter collections already reaching 30% of the full-year goal driven by tighter enforcement and rebounding imports.
The construction Purchasing Managers' Index eased to 70.3 from January's 75.0 but remains firmly in expansion territory with rising employment and steady project inflows.
The Colombo Consumer Price Index rose 2.2% year-on-year in March with food prices declining slightly and non-food items driving the monthly increase.