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

Why Sri Lanka’s Container Depots Need Modern Regulation?

Why Sri Lanka’s Container Depots Need Modern Regulation?

The X-Press Pearl Crisis: Technical Failures in Handling, Not Blame

The X-Press Pearl Crisis: Technical Failures in Handling, Not Blame

Legacy SIM Crackdown Tests Digital Trust Framework

Sri Lanka’s plan to mandate re-registration of SIM cards...

#ActiveColombo Vision Gains Momentum through Global Triathlon

Beyond tourism revenue, IRONMAN 70.3 Colombo is being deployed...