Moves are afoot for a change in the Board of Directors of SriLankan Airlines, the national carrier.
Those familiar with the changes say the post of Chairman has been offered to Ranjith Fernando, a former Chairman of the National Development Bank. A response from him is being awaited.
Though the current Board of Directors was expected to resign last week, the matter has been put on hold.
Expected to be on the new board are Mano Tittawala (currently serving in the Finance Ministry) and the first chairman of Airlanka, Captain Rakhita Wikramanayake, 80.
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The Ceylon Petroleum Corporation (CPC) will reduce fuel prices with effect from midnight today.
Dr. Nandalal Weerasinghe, Governor of the Central Bank of Sri Lanka, has cautioned that reversing the current economic programme could lead to a resurgence of the severe economic and social crisis Sri Lanka endured nearly two years ago.
President Ranil Wickremesinghe today inaugurated the open cycle phase of the “Sobadhanavi” 350 MW Combined Cycle Power Plant in Kerawalapitiya, the President’s Media Division (PMD) said.
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