First floating resort opened in Bolagala
The first-ever floating resort was opened in Sri Lanka yesterday (01).
The first-ever floating resort was opened in Sri Lanka yesterday (01).
Minister of Ports, Shipping and Aviation Nimal Siripala de Silva has announced that an investor for SriLankan Airlines will be chosen following a live auction for the divestiture of SriLankan Airlines on 05 March.
The Court of Appeal today (28) issued an interim order preventing the authorities from proceeding with the divestiture process of the Lanka Hospitals Corporation PLC, until March 12.
The Court of Appeal made this order pursuant to a writ petition filed by Lyca Leasing Holding Limited and HAIMS International Limited challenging the refusal to consider the petitioners’ application for prequalification in the Request for Qualification (RFQ) for the strategic divestiture of 51.34% of the Lanka Hospitals Corporation PLC.
Upon the oral submissions made by President’s Counsel Kuvera De Zoysa, Court of Appeal Justice D.N. Samarakoon issued notices on respondents, returnable for March 12.
The Court of Appeal Registrar is directed to issue notice forthwith and also, the interim order to the respondents through ordinary means and also, to communicate over telephone and fax if the petitioners pay charges.
The petitioners named Minister of Finance Ranil Wickremesinghe, State Minister of Finance Shehan Semasinghe, the members of the special Cabinet-appointed negotiating committee for the purpose of selecting pre-qualified bidders for the strategic divestiture pertaining to 51.34% shares of Lanka Hospitals PLC and several others as respondents.
Kuvera De Zoysa, PC with Raslka Dissanayake, Sajana de Zoysa, Dinusha Pathirana and Shablr Huzalr instructed by Sanath Wijewardane appeared for the petitioners.
(dailymirror.lk)
Colombo Chief Magistrate Prasanna Alwis has imposed a travel ban on six Directors of the ‘Ride to Three Freedom’ alias ‘R3F’ Crypto currency online trading company operated in Kurunegala area over the allegations of engaging in a Ponzi scheme using over Rs.5 billion.
The Transparency International Sri Lanka (TISL) yesterday announced findings of the assessment of transparency in corporate reporting.
The Sri Lanka Textile Manufacturers’ Association urges the government to give the VAT concession, which is already given to the production of handloom textiles to the power loom textile manufacturers as well.
Adani Group is negotiating with Sri Lankan authorities to manage three airports in the island nation, including its premier international gateway, Bandarnaike International Airport in Colombo.
UK-based Lyca Mobile, the world’s largest MVNO and part of the multinational Lyca Group, has announced it is making a £250 million investment over the next three years to take its value-based services to a wider audience.
The craving for authentic Sri Lankan cuisine knows no bounds, even for Sri Lankans residing abroad. Thus, the emergence of Sri Lankan restaurants in various foreign locales has become a common trend.
Two companies from China and India have been pre-qualified for the Request for Proposal (RFP) stage of the divestiture of the majority stake in the state-owned Sri Lanka Telecom PLC (SLT), according to the Sri Lanka’s Finance Ministry.