Development Lotteries Board records highest-ever profit
The Development Lotteries Board (DLB) has achieved its highest-ever profit in its 40-year history.
The Development Lotteries Board (DLB) has achieved its highest-ever profit in its 40-year history.
In a significant boost to Sri Lanka’s employment landscape, especially during its challenging economic times, a groundbreaking platform named 'Worky' is set to launch on March 20, 2024.
The Asian Development Bank (ADB) has approved a $100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change.
Key representatives of Micro, Small, and Medium Enterprises (MSMEs) across the country expressed appreciation for the International Monetary Fund (IMF) for engaging in discussions concerning the economic crisis and its potential effects on the sector’s future growth.
Nearly 1,000 companies have been issued notice by the Inland Revenue Department (IRD) to pay up their tax arrears amounting to more than Rs 160 billion in six months or face seizure of bank accounts and property, Commissioner General Sepalika Chandrasekara said.
The benchmark All Share Price Index reverted to over 11,000 points mark after a lapse of five months as investor sentiment at the Colombo stock market gathered further momentum yesterday (08).
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.