News, #mandira

Government decides to liquidate 33 public enterprises including Mihin Lanka

04 Sep, 2025

Feature Image

Jayatissa announced that certain enterprises that were established with the objective of providing public services and promoting strategic economic activities, had suffered extensive losses and are no more in operation.

The Cabinet has decided that it is appropriate to close down various categories of state enterprises, such as statutory bodies, state corporations, and state-owned companies that do not make a meaningful contribution to the national economy or provision of public services, rather than continuing to operate them as a burden on the government.

Accordingly, the Cabinet of Ministers has approved a proposal presented by President Anura Kumara Disanayake, in his capacity as the Minister of Finance, Planning, and Economic Development, to liquidate 33 public enterprises that are not at a functional level in two stages under the supervision of the Special Liquidation Unit established under the aforementioned Ministry.

Cabinet Spokesman Dr. Nalinda Jayatissa said that under the first phase, Mihin Lanka, Thurusaviya Fund, Asian Games (Pvt) Ltd, Selendiva Investments Limited, Lanka Logistics (Pvt) Ltd, Commonwealth Games Hambantota (Pvt) Ltd, and Magampura Port Management Company, will be liquidated.

Recommended For You

Feature Image

Navy detains 67 people attempting to migrate illegally by sea

The Navy detained 67 people attempting to migrate illegally by sea from Trincomalee and Sallisampaltivu. The Navy said that the 67 illegal migrants were detained during a special operation conducted in Sallisampaltivu. The Navy, in coordination with the Nilaveli Police, nabbed 12 males during a search operation conducted in Sallisampaltivu. The Navy said that two three-wheelers, a cab and a van used in the illegal operation were also seized. Separately, Navy fast attack craft attached to the

24 May, 2022

Feature Image

CID records statement from Johnston Fernando

The Criminal Investigations Department recorded a statement from former Minister Johnston Fernando today over the Galle Face incident. He was questioned for over 4 hours over the incident were peaceful protesters were attacked at Galle Face and near Temple Trees?on the 9th of May. The attack had taken place following a meeting at Temple Trees attended by Fernando and a number of other Sri Lanka Podujana Peramuna (SLPP) MPs. Minister Dr. Ramesh Pathirana had revealed recently that President Go

24 May, 2022

Feature Image

UK calls for inclusive approach to resolve crisis in Sri Lanka

The United Kingdom (UK) has encouraged all sides in Sri Lanka to find a democratic and inclusive approach to resolving the current political and economic challenges. Parliamentary Under-Secretary at the Foreign, Commonwealth and Development Office in the UK, Vicky Ford, said that the UK is closely following the situation in Sri Lanka since the attacks against peaceful protesters on 9 May and outbreaks of violence that followed. She said that the Minister for South Asia, Lord (Tariq) Ahmad of W

24 May, 2022