- Last Update 2025-05-01 16:45:00
Govt. calls EOI’s to divest Lanka Hospitals, Hilton and Hyatt hotels soon
The Government is to call for Expression of Interests (EOIs) first on Hotel Developers Lanka Ltd., owning company of Hilton Colombo, Lanka Hospitals Corporation PLC and Canwill Holdings Ltd. (Hyatt) for divestitures whilst for others it will be later.
“The Request for EOIs for Hilton, Hyatt and Lanka Hospitals will be out shortly and for the others within the next five weeks,” SOE Restructuring Unit Director General Suresh Shah said in media presentation yesterday.
He also said that the first round of divestitures is planned for the first quarter of next year and others during the second quarter.
Previously expectations among the private sector were that the initially selected SOEs will be divested by the end of this year.
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- April 25, 2025 - 170 - 0
Rs 30 million worth tabs and mobiles left behind at duty free shop
Customs have detected 228 mobile phones and tabs valued at over Rs 30 million left behind in the duty free shopping complex at the Banaranaike International Airport today, Customs officials said.
- April 26, 2025 - 144 - 0
Your Sunday Times highlights for this week
Read this week’s Sunday Times for your interesting articles including the ’’5th Column’’.
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