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

Sri Lankan Corporate Sector Rebounds as Exports and Tech Drive Growth

Sri Lanka’s corporate sector is regaining momentum in 2025,...

Colombo Inflation Creeps Up Amid Food Price Surge despite Long-Term Stability

Sri Lanka’s consumer inflation in Colombo is beginning to...

German Firms Eye Growth in Sri Lanka despite Global Headwinds

German-affiliated companies in Sri Lanka are expressing renewed confidence...

Sri Lanka Apparel Sector Resilient Amid US, UK Export Decline

Sri Lanka’s apparel sector continues to demonstrate resilience despite...