Even as the state-appointed competent authority prepared to offer the Sri Lanka Exhibition and Convention Centre (SLECC) to its former owners on new terms, the government ran into further trouble in the troubled Revival of Underperforming Enterprises andUnder-utilized Assets Act with Lanka Tractors saying its land is not owned by the state but by a public company.

Following Indrani Sugathadasa’s resignation as chairperson, the Securities and Exchange Commission (SEC) has cancelled the scheduled meeting on Monday between commission members and members of the Colombo Stock Brokers Association (CSBA) to discuss critical market issues, SEC officials said. They said that at a SEC commissioners' meeting on Wednesday, SEC Chairperson Indrani Sugathadasa had requested the SEC Secretariat to ‘seriously’ consider the CSBA proposals.