US fast-food outlet McDonalds on Friday said it has formally ended its arrangement with its Sri Lankan franchisee.
“McDonald's Corporation and International Restaurant Systems (Pvt) Ltd have entered a legal settlement mutually agreeable to them. The franchise relationship that previously existed between them has ended,” the duo said in a joint statement.
On Friday, McDonald's Corporation and International Restaurant Systems (Pvt) Ltd said they extended “their gratitude to the public for their support during this period and encourage the public to disregard any rumors or speculation previously circulated in the media”.
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The Finance Ministry has released full details of the removal of the suspension on Importation of Motor Vehicles.
Speaker Ashoka Ranawala whose educational qualifications have been questioned has decided to step down from the post of Speaker
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