Minister of Ports, Shipping, and Aviation Nimal Siripala de Silva has announced a 45-day extension of the deadline for bids to be submitted for SriLankan Airlines.
Today (Mar. 5), was set aside for a live auction to select an investor for SriLankan Airlines’ divestiture.
However, Minister de Silva announced at today’s media briefing that bids would be invited for an additional forty-five days before the national carrier's investor is selected.
The Minister also added that the Cabinet of Ministers had approved a plan for the Government to take over SriLankan Airlines’ outstanding debt, which totaled USD 510 million.
Moreover, the national flag carrier’s services will be maintained for a further six months with funding approved by the Cabinet.
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.
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.
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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