Recent reports have revealed that Airport and Aviation Services (Sri Lanka) (AASL), responsible for the management of the airports in Sri Lanka, recorded a total profit of Rs. 27,647 million for the year 2022.

Private sector borrowing from the banking sector continued its dip in April amidst the prevalent high interest rate regime and contraction in the economy.

Government is to call for the amendment to the resolution to change the Terms of Reference of the already adopted resolution to appoint a select committee to probe as to who is responsible for the current financial crisis in Parliament this week.

In response to a query about the restart of the Japan-financed Light Rail Transit (LRT) project, the Japanese embassy in Colombo said the resumption of loan projects and the launch of a new loan project will depend on the progress of the debt restructuring process.

Recent reports have revealed that Airport and Aviation Services (Sri Lanka) (AASL), responsible for the management of the airports in Sri Lanka, recorded a total profit of Rs. 27,647 million for the year 2022.

The deficit in the merchandise trade account narrowed to US dollars 583 million in April 2023, from US dollars 728 million recorded in April 2022 due to a larger decline in imports, compared to the decline in exports.

The government has already initiated the preparation of a restructuring plan for public enterprises President Ranil Wickremasinghe revealed make a clear policy announcement to the nation recently that the state authorities are serious about long-term economic reform.

The Central Bank revealed yesterday that it had absorbed $ 1.7 billion in foreign exchange year to date of which a high $ 662 million in May thereby stabilising the Rupee.

SLT-Mobitel recently unveiled its technologically advanced, high-tech operational green headquarters, first in the history of SLT, located at Welikada, Colombo.