- Last Update 2024-07-02 13:56:00
SL bank workers protest over plans to privatise state banks
Members of the Ceylon Bank Employees Union branch of the People’s Bank on Tuesday protested outside its headquarters in Colombo Fort urging the government to refrain from privatising the bank.
The union alleged that attempts were being made to outsource certain divisions of the bank with the aim of preparing the groundwork towards the privatisation of the giant state-owned commercial bank.
Last year on December 15th the union had protested against the transfer of the Data System (DS) of the bank to Sri Lanka Telecom. Union officials allege that, in the latest move, the Disaster Recovery (DR) department of the bank is planned to be sold to Dialog Axiata. (Raj)
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- June 29, 2024 - 866 - 0
Israeli Tourist found safe after three-day search in Trincomalee
Tamar Amitai, a 25-year-old Israeli tourist who went missing in Uppuveli, Trincomalee, was found safe after a three-day joint search operation today.
- June 28, 2024 - 314 - 0
Former MP Hirunika Premachandra sentenced to three years RI
The Colombo High Court today (28) sentenced former parliamentarian Hirunika Premachandra to three years of Rigorous Imprisonment over charges of the involvement of an abduction.
- June 26, 2024 - 190 - 0
All bilateral loans postponed until 2028; President
In his special statement, President Ranil Wickremesinghe announced that debt restructuring agreements will postpone all bilateral loan payments to foreign countries until 2028. Additionally, Sri Lanka will have until 2043 to repay these loans on concessional terms.
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