The Air Traffic Controllers’ Association of Sri Lanka (SLATCA) has raised concerns over a potential standstill of air traffic movements, owing to the increasing number of controllers resigning from their posts.
The Central Bank is to introduce Regulations on Financial Consumer Protection having recognized the need to institutionalize financial consumer protection in the delivery of services by regulated financial institutions.
The need of the digitization of public and private institutions in promoting investments in Sri Lanka and establishing a single point for obtaining all necessary approvals for investment promptly has been emphasized.
Sri Lanka’s bondholders have told the International Monetary Fund (IMF) that they are prepared to engage with the island nation’s authorities in debt restructuring talks consistent with the parameters of the global lender’s program.
Sri Lanka’s merchandise exports in 2022 posted US $ 13.07 billion, up by 5% from 2021 sustaining its resilience, but fell short $ 1.03 billion from the set target of $16 billion.