CPC, CEB need to recover costs until end of Fund’s loan package
The Ceylon Petroleum Corporation (CPC) and Ceylon Electricity Board (CEB) had to recover costs until the end of the IMF programme, Sarwat Jahan, IMF Resident Representative in Sri Lanka, told a press conference in Colombo yesterday.
The Australian Government has announced that it will gift a former Royal Australian Air Force Beechcraft KA350 King Air aircraft (registration A32-673) to the Sri Lankan Government. The aircraft will be used to enhance Sri Lanka’s sovereign aerial maritime surveillance capability.
A new law to reform the power sector envisages wiping the Ceylon Electricity Board’s (CEB) colossal debt off its balance sheet and transferring it to a “special purpose vehicle” (SPV) which will be held by the Treasury, authoritative sources said.
Dhaka, May 12 -- Bangladesh and Sri Lanka are discussing ways to strengthen ties in the maritime sector, said State Minister for Shipping Khalid Mahmud Chowdhury on Friday.
The new Electricity Act, which will unbundle the Ceylon Electricity Board under restructuring process and begin the reforms, is at the final stage of drafting.
Sri Lankan Airlines has launched a awareness campaign to promote Buddhist Overseas Pilgrimage tackling all bottles necks in consultation .compromise and consensus, Dimuthu Tennakoon, Head of Worldwide Sales & Distribution disclosed. .
The Immigration and Emigration Department Controller General I.S.H.J. Ilukpitiya announced yesterday a temporary suspension of the acceptance of passport applications, in a move to introduce a new system to issue passports.
Several patients who developed complications due to the use of ‘Prednisolone’, an eye drop used after cataract surgeries at three government hospitals, demand financial compensation for the damage caused to their eyes and possible threats to their lives.
A meeting of the heads of state of the Commonwealth of Nations was convened in London on Friday (May 05), with the presence of King Charles III and President Ranil Wickremesinghe.
The Deputy Chairman of the International Cricket Council (ICC) Imran Khwaja arrived in the island yesterday as part of a 'fact-finding mission' into allegations of political interference in the administration of Sri Lankan cricket.