The Government is to call for Expression of Interests (EOIs) first on Hotel Developers Lanka Ltd., owning company of Hilton Colombo, Lanka Hospitals Corporation PLC and Canwill Holdings Ltd. (Hyatt) for divestitures whilst for others it will be later.
“The Request for EOIs for Hilton, Hyatt and Lanka Hospitals will be out shortly and for the others within the next five weeks,” SOE Restructuring Unit Director General Suresh Shah said in media presentation yesterday.
He also said that the first round of divestitures is planned for the first quarter of next year and others during the second quarter.
Previously expectations among the private sector were that the initially selected SOEs will be divested by the end of this year.
A Sri Lankan man was apprehended at Suvarnabhumi airport for attempting to smuggle wildlife out of the country after three ball pythons were found hidden in his underwear, the Bangkok post reported.
The UK government has unveiled a package of reforms to simplify imports from developing countries which allows for more garments manufactured in Sri Lanka to enter the UK tariff-free.
Read these and more on tomorrow’s edition of the Sunday Times
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