SriLankan Airlines live auction extends by 45 more days
Prospective bidders for the losses and debt-saddled SriLankan Airlines will have more time with the Government extending the deadline for Request for Qualification (RfQ) for the to 9 January next year fifth time for 45 days commencing from Tuesday 05.
New legislation to curtail financial authority of State owned Enterprises
Sri Lanka’s State owned Enterprises (SOE’s) including the Central Bank and state banks are to be brought under a legal framework for appointments, management, procurement and capital spending with the enactment of SOE Act in parliament soon, Justice Minister Wijeyadasa Rajapakshe divulged.
Narcotics worth Rs 108 crore bound for Sri Lanka seized in Tamil Nadu
In a joint operation, the Indian Coast Guard (ICG) and Directorate of Revenue Intelligence (DRI) busted a drug smuggling attempt near Mandapam on Tuesday. Four people have been apprehended and drugs worth Rs 108 crore seized.
Would a £150,000 wage tempt you to a Scottish island?
Would £150,000 tempt you to move to one of the most beautiful parts of Scotland?
France makes abortion a constitutional right
France has become the first country in the world to explicitly include the right to abortion in its constitution.
Haiti violence: Haiti gangs demand PM resign after mass jailbreak
Haiti's government declared a 72-hour state of emergency on Sunday after armed gangs stormed a major prison. At least 12 people were killed and about 3,700 inmates escaped in the jailbreak.
Import Permit frauds threaten essential food supply chain
The members of the Essential Food Commodities and Traders Association yesterday raised concerns with Trade Minister Nalin Fernando about alleged frauds in getting approval by the Agriculture Ministry authorities to import items such as green gram, black gram, Kurakkan, maize and cowpea, Daily Mirror learns.
Import Permit frauds threaten essential food supply chain
The members of the Essential Food Commodities and Traders Association yesterday raised concerns with Trade Minister Nalin Fernando about alleged frauds in getting approval by the Agriculture Ministry authorities to import items such as green gram, black gram, Kurakkan, maize and cowpea, Daily Mirror learns.
Import Permit frauds threaten essential food supply chain
The members of the Essential Food Commodities and Traders Association yesterday raised concerns with Trade Minister Nalin Fernando about alleged frauds in getting approval by the Agriculture Ministry authorities to import items such as green gram, black gram, Kurakkan, maize and cowpea, Daily Mirror learns.
Bondholder agreement delay unlikely to affect IMF review: Coomaraswamy
Dr. Indrajit Coomaraswamy
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Main investor in Port City upbeat on Sri Lanka keen to expand
The Fortune Global 500 list member China Communications Construction Company Ltd., Chairman Wang Tongzhou and a delegation called on President Ranil Wickremesinghe this week.
BOC reports Rs. 40.3 billion profit in 2023
In a media release, the bank said its PBT was driven by a significant 15 per cent increase in interest income. However, despite this growth, a sharp rise in interest expenses resulted due to the lag effect in repricing the time deposits mobilised at higher rates.
Public procurement law to replace current system
Sri Lanka’s current public procurement system based on comprehensive National Procurement Guidelines issued in 2006/7 is being replaced by a new Public Procurement Law later this year, Public Finance Department sources said.
Turbulence ahead: SriLankan Airlines divestiture on the brink
SriLankan Airlines and its subsidiaries catering and ground handling services is being pursued with glitches under the present difficult circumstance of attracting a broad range of potential investors, Aviation Ministry sources said.