Fonseka accuses President of backstabbing UNP

Air Asia, Supreme Global and Hayleys shortlisted in SriLankan acquisition process

Air Asia, Supreme Global and Hayleys have been shortlisted from among the bidders looking to acquire SriLankan Airlines. Accordingly the field of potential acquirers for SriLankan Airlines has been shortlisted to three prominent contenders from the initial six bidders. The three companies shortlisted to further engage in the acquisition process include: 1. Sherisha/Supreme Global Consortium : This consortium is a powerful alliance between Supreme Global Holdings and SHERISHA TECHNOLOGIES PRI

23 May, 2024

Singapore Airlines to cover expenses of passengers affected by turbulence

By Easwaran Rutnam Singapore Airlines has offered to cover all expenses of the passengers affected by the recent deadly turbulence incident. Issuing a statement, Singapore Airlines said that it is committed to supporting its passengers and crew members who were on board SQ321 on that day, as well as their families and loved ones. Preliminary findings of the investigation into the Singapore Airlines flight hit by severe turbulence last week showed a rapid change in gravitational force and a 54

29 May, 2024

Government considers taking back loss making plantation companies

The Government is considering taking back loss making plantation companies and is to appoint a committee to make recommendations on the matter. Cabinet Spokesman Bandula Gunawardena said that the committee will decide the best way forward for 22 plantation companies given on lease by the government. He said if these companies are unable to even pay the daily wage of their employees then it is better to cut short the lease and give them over to new owners. Plantation companies had recently ins

23 May, 2024