Sri Lanka introduces QR code fuel rationing system
Sri Lanka has reintroduced its QR code fuel rationing system, previously used successfully years ago; registration is available at fuelpass.gov.lk.
Open sourceThe island's economy, prices, currency and business climate.
Sri Lanka has reintroduced its QR code fuel rationing system, previously used successfully years ago; registration is available at fuelpass.gov.lk.
Open sourceAmid the Iran conflict, fuel prices in Sri Lanka rose: 92 octane up 24 rupees, 95 octane up 25 rupees, and diesel up 22 rupees.
Open sourceThe author commented to RBC that a fuel crisis in Sri Lanka would only occur if Middle East hostilities are prolonged, which he considers unlikely.
Open sourceQueues at petrol stations have reduced; news reports confirm fuel is available.
Open sourceNews of the Strait of Hormuz closure prompted Sri Lankans to rush to fuel stations, but queues are already easing; tourists skip the line.
Open sourceA brief comment explains that the lack of viable projects and poor investment climate account for weak Russian investment in Sri Lanka.
Open sourceRussia is actively recruiting workers from Sri Lanka, India and Bangladesh to fill an 11 million labour shortage worsened by the war and a demographic crisis.
Open sourceRussian marketplace Wildberries is moving to enter the Sri Lankan market — details published on Retail.ru.
Open sourceIn January 2026, the number of Russian tourists dropped by 20% year-on-year, and the UK overtook Russia in arrivals due to reduced flights and competition from Vietnam.
Open sourcePrime Minister Harini Amarasuriya announced a target of 3 million tourist arrivals in 2026 after a 2025 record of 2.36 million tourists generating $3.2 billion in revenue.
Open sourceTaxi owners in Nuwara Eliya went on strike to protest against the operation of the ride-hailing app Pick Me in their city.
Open sourceIn Colombo, the natural purple star sapphire 'Star of Pure Land' weighing 3,536 carats was officially unveiled — the largest documented stone of its type, certified by the GIA.
Open sourceAverage tourist spending in Sri Lanka fell from $181 in 2018 to $148 per day, prompting authorities to plan development of the premium tourism segment.
Open sourceInternational Living ranked Sri Lanka first globally for cheapest places to live in 2026, citing a beachside villa with a pool available for $385 per month.
Open sourceThe Sri Lankan rupee exchange rate against the US dollar has fallen to 313 rupees per dollar.
Open sourceThe rupee fell to 309.5 per dollar and the stock market dropped 0.52% — the IMF previously stated it would review the 2026 budget before approving the next loan tranche.
Open sourceIt has emerged that Sri Lanka's average tourist spend was calculated not from objective data but from airport surveys, casting doubt on the reliability of tourism statistics.
Open sourceThe IMF revised Sri Lanka's 2026 growth forecast to 3.1%, noting the country's strong post-crisis recovery supported by the fund's reform program.
Open sourceThe author shows 2005–2006 rupees and invites readers to vote on whether the old or new banknotes are better.
Open sourceAccording to SAARC, the average cost of living per person in Sri Lanka is $506 per month, the second highest in the region after the Maldives.
Open sourceThe author asks readers whether they have already come across the new 2000-rupee Sri Lankan banknote.
Open sourceThe Russian ambassador to Sri Lanka stated that US sanctions block electronic transactions and limit the full potential of bilateral relations.
Open sourceSLTDA August 2025 report: India up 40% year-on-year, Russia down 3.3%, China down 3.7%, Bangladesh broke into the top 10 with 56% growth.
Open sourceSLTDA revised its 2025 tourist arrival forecast from 3 million to 2.6 million, but this figure would still be a historic record.
Open sourceS&P upgraded Sri Lanka's credit rating to CCC+/C, noting political stability after the NPP's constitutional majority in the 2024 elections.
Open sourceSri Lanka's economy grew 4.9% in Q2 2025, marking positive growth for seven consecutive quarters.
Open sourceThe Central Bank of Sri Lanka issued 50 million new banknotes of 2,000 rupees denomination.
Open sourceA new tender has been announced for the development of the loss-making Mattala Rajapaksa International Airport after a deal with a Russian-Indian consortium collapsed due to US sanctions.
Open sourceAn article from Hi!! magazine examines the flip side of Sri Lanka's tourism boom, where a weak rupee attracts budget travelers but deepens social exclusion and erodes local communities.
Open sourceA VAT refund service for foreign tourists was officially launched at Bandaranaike International Airport to improve the visitor experience and boost economic growth.
Open sourceSri Lanka Customs denied rumors of a new tax on small parcels, clarifying that the changes only ensure correct application of existing duties.
Open sourceA brief announcement that AliExpress is ceasing operations in Sri Lanka.
Open sourceJagath Chandrawansa warned that without a national strategy Sri Lanka risks losing the Russian tea market ($122M in 2023) and Russian tourists (13.6% of arrivals).
Open sourceSLTDA data for May 2025 shows Russia ranked 10th with a 2.5% share of 132,919 tourist arrivals, compared to 3rd place in May 2022.
Open sourceSri Lanka's Deputy Foreign Minister said talks are underway on reducing hotel prices for Russian tourists during the upcoming winter season.
Open sourceSri Lanka's Deputy Foreign Minister stated that Russian tourists spend an average of $200 per day, exceeding the average of $180.
Open sourceSri Lanka's electricity tariffs have reportedly been raised by 15%.
Open sourceSri Lanka reached 1 million tourist arrivals faster than ever before, as part of its plan to attract 3 million tourists in 2025.
Open sourceSri Lanka's adventure tourism market is forecast to grow from $780 million in 2025 to $2.1 billion by 2035 at a 10.5% annual growth rate.
Open sourceThe Ceylon Electricity Board is considering raising electricity tariffs by 25–35%, according to the Sunday Times.
Open sourceSri Lanka welcomed 2.05 million tourists in 2024 — India leads, while Russia loses market share despite a slight increase in absolute numbers.
Open sourceDespite a 17% year-on-year increase, April tourist arrivals in Sri Lanka are still 4% below the 2018 record — the author analyses official SLTDA data.
Open sourceThe SLTDA chairman stated that Sri Lanka should not compete with Thailand and Malaysia in mass tourism but instead build a unique national brand.
Open sourceA tourism operator representative said Sri Lanka overpriced itself and lost tourists to other destinations — 'greed leads to poverty'.
Open sourceFuel queues have disappeared and the situation is back to normal — peaceful island life can resume.
Open sourceThe fuel distributors' association stopped ordering new supplies, causing queues at stations in the South and Colombo, though the government denies a shortage.
Open sourcePresident Dissanayake presented the 2025 budget in parliament, with specific provisions highlighted for foreign investors and entrepreneurs.
Open sourceIn January 2025, Sri Lanka welcomed 252,761 foreign tourists — 21% more than a year earlier; the top source countries were India, Russia, and the UK.
Open sourceFrom 21 November, Gazprombank's UnionPay cards may stop working abroad — the bank recommends carrying cash.
Open sourceA subscriber asks about the usability of Gazprombank cards in Sri Lanka — a relevant question for Russian residents.
Open sourceSriLankan Airlines cancelled 8 flights due to technical problems and aircraft shortages, sparking passenger outrage.
Open sourceCurrency exchange service SLMExchange sponsored the contest, offering the winner commission-free currency exchange at the best rate for one week.
Open sourceA brief warning for tourists: do not count on a good exchange rate when changing money at the airport or with informal exchangers.
Open sourceSri Lanka's authorities refused to issue a licence for the management of Mattala airport to an Indian-Russian consortium due to legal obstacles.
Open sourceSri Lanka Telecom cut the price of 50 Mbps fiber internet to $26/month, fearing competition from the expected Starlink launch.
Open sourceSri Lanka's president inaugurated the Volkswagen plant in Kuliapitiya, the largest in South Asia, producing 25 vehicles daily and creating 2,000 jobs.
Open sourceStarlink has received an official license to operate in Sri Lanka.
Open sourceA short post hinting at restrictions or changes in Rosselkhozbank's operations.
Open sourceCeypetco cut petrol and diesel prices; the author also reports fuel shortage at gas stations on that day.
Open sourceDue to prolonged rains, farmers have raised vegetable prices — limes up to 1,800 rupees, green chilli to 400 rupees and so on.
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