Lazard Asia Ltd of Singapore in association with MTI Consulting has been selected as the international transaction advisor for the sale of government ownership in Hilton and Grand Hyatt Hotels.
In an announcement, the Ministry of National Policies and Economic Affairs said this recommendation was made by the Cabinet Appointed Consultant Procurement Committee.
Earlier a Request for Proposals was called for to act as adviser to seek suitable investors for the purchase of Government stakes in Hilton Colombo and Grand Hyatt Colombo. - ENDS -
A Thai woman walking topless in Arugam Bay town has been arrested by the Police.
The Cabinet has approved a proposal for Sri Lankans overseas to apply for their passports through an online system via the Lankan diplomatic missions.
Ajith Gallage, the owner of a Bird Park in Nagarawawa, Hambantota, has been remanded over allegations of concealing illegally imported motorcycles, in a warehouse owned by him.
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