12 institutions taken over by Finance Ministry

Date:

By: Isuru Parakrama

Colombo (LNW): 12 government-affiliated institutions including Sri Lanka Telecom PLC, its controlled companies and associated institutions, and the Colombo Lotus Tower Company which belongs the Lotus Tower have been taken over by the Ministry of Finance, Economic Stabilisation and National Policy.

The Presidential Secretariat has issued an extraordinary gazette in this regard.

Other institutions taken under the Finance Ministry include the Sri Lanka Triposha Company, the National Salt Company, the Sri Lanka Cement Corporation, the State Engineering Corporation, North Sea Limited, Galoya Plantation Pvt Ltd., Paranthan Chemicals Limited, ECC Company Limited, Mahinda Rajapaksa National Tele Cinema Park and Ceylon General Trading Company Limited.

Share post:

spot_imgspot_img

Popular

More like this
Related

LB Finance Secures $45 Million to Boost MSME Lending

LB Finance Secures $45 Million to Boost MSME Lending

Modern Cranes, Maritime Gains: SAGT’s Role in Sri Lanka’s Port Revival

Modern Cranes, Maritime Gains: SAGT’s Role in Sri Lanka’s Port Revival

Finance Companies Surge as Lending Boom Reshapes Credit Landscape

Finance Companies Surge as Lending Boom Reshapes Credit Landscape

Economic Centre Shake-Up Sparks Trader Revolt, Policy Scrutiny

Economic Centre Shake-Up Sparks Trader Revolt, Policy Scrutiny