The government is prepared to grant 49 percent of the equity of SriLankan airlines together with its management to a private partner, Public Enterprise Development Minister Lakshman Kiriella told Daily Mirror today.
He said a consultant had been appointed to make recommendations for the restructuring of the national carrier.
âWith regard to the equity we will retain 51 percent of the shares,â he said.
The minister said the airline would be restructured on the basis of a Private Public Partnership as envisaged by this government.
Around 150 elephants, including tuskers and calves, are reportedly trapped and starving in the Oyamaduwa…
In a bid to boost revenue from tourism, the Tourism Ministry has decided to allow…
The Inland Revenue Department (IRD) has recorded its highest-ever tax revenue collection in 2024, amounting…
The Public Health Veterinary Service reports that nearly 300,000 dog bites are recorded annually in…
The Sri Lanka Navy has arrested three suspects with 11.3 kg of gold who were…
The Litro Gas Company says that the prices of its domestic LP Gas cylinders will…