Tuesday 4th April, 2023 Sri Lanka Telecom workers downed tools yesterday in protest against the proposed divestiture of their institution. Their counterparts in other state-owned enterprises (SOEs), earmarked for privatisation under the guise of restructuring, are also up in arms. Their industrial action is fraught with the danger of snowballing into a general strike unless […]
Having opened its doors in 1988, Seylan Bank, celebrated a milestone 35 years recently, of proudly serving all stakeholders with an unwavering dedication to excellence, a Seylan Bank press release said. The release adds: ‘The special occasion was commemorated with a religious ceremony at the Millennium Branch of the bank with the participation of the […]
By Hiran H. Senewiratne CSE trading set off on a negative note yesterday but later bounced back slightly. The reason for the fluctuating trend was attributable to stock market brokers reducing their debt component, market analysts said. Further, shares edged- down in mid- day trade on thin volumes as the market experienced selling pressures and […]
By Hiran H. Senewiratne Sri Lanka Telecom and Lanka Hospitals PLC were attracting investors yesterday as a disclosure was put out stating that the Cabinet of Ministers had approved the divestment of the stake held by the Secretary to the Treasury in SLT, stock market sources said. The divestment is to be implemented by the […]