The Sri Lanka Transport Board (SLTB) has reported an income of Rs. 1300 million during the April festive season. 

Addressing the media yesterday, Transport Manager at the SLTB, H. Piyathilaka, said the income has been recorded for the period from 10-19 April 2025.

He further said that the income was generated at a time when the SLTB had operated under normal bus charges, adding that bus fares had not been increased in view of the festive season. 

Piyathilaka revealed that this was the highest income generated by the SLTB so far during a festive period.

He added that the special bus services launched for the convenience of passengers returning from their hometowns after the Sinhala and Tamil New Year celebrations will continue further. (Newswire)

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Sri Lanka Cricket (SLC) has recorded a net surplus of Rs. 6.3 billion and a total income of Rs. 17.5 billion for the financial year 2022.

The SLC said in a statement that its members unanimously approved the Audited Financial Statements of the administration for the year 2022, which is 120% over the 2021 revenue. 

The SLC further stated that this was approved during an Extraordinary General Meeting (EGM) held on June 17, 2023, at the Cinnamon Grand Hotel in Colombo. 

The net surplus of Rs. 6.3 billion achieved during the referenced financial year was the highest annual net surplus recorded during a financial year by the institution in its entire history. 

The latest growth in net income was mainly generated from four revenue segments, such as international cricket, domestic cricket, sponsorship contracts, and ICC annual member disbursements. 

The SLC added that the National Audit Office, in its Auditors Report, has issued an unqualified opinion on the affairs of Sri Lanka Cricket’s financial statements for the year ending December 31, 2022. (NewsWire)

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An income of over Rs. 75 million has been earned following the use of expressways in the last 48 hours ending at 06.00 am today, the Road Development Authority (UDA) reported. 

According to Lankadeepa, UDA Director General LVS Weerakone said that 256,225 vehicles had travelled on the expressways during this period.

Stating that no fatal accidents had been reported during this period, he said that only damages to properties in 41 places were reported due to minor accidents. 

Weerakone stated that the reported income was earned due to people using the Southern Expressway, Colombo Outer Circular Highway, Colombo- Katunayake Expressway, and the Central Expressway on 15th and 16th April 2023. (NewsWire)

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Incomes in Sri Lanka must grow by 160%, in order to maintain the same level of consumption one did in 2015, PublicFinance.lk reported.

According to the Sri Lankan public finance platform, Sri Lanka is set to experience a 160% increase in nominal GDP from the 2015 levels of LKR 11.6 trillion as the projected nominal GDP for 2023 is estimated at LKR 30.3 trillion.

PublicFinance.lk said, however, while the real GDP in 2023 remains relatively unchanged from the 2015 levels, the doubling of nominal GDP highlights the need for a corresponding increase in incomes to maintain the same level of consumption as in 2015. (NewsWire)

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