Top management from two top Singapore airline-related companies in which Singapore’s biggest investment arm, Temasek Holdings has major stakes, were in Colombo this week for discussions with SriLankan Airlines and government officials on investments in the local carrier and its subsidiary, officials said.
The Ministry of Finance is struggling to cut government spending in order to include the Rs.2,500 salary hike for public servants which would cost Rs.36 billion, Finance Ministry officials said.
