A young Malaysian boy plays with a sparkler on the eve of Eid al-Fitr celebrations in Seremban,Malaysia. REUTERS

100 petrol sheds to have supermarkets, cybercafes, foodmarts, ATMs : Petroleum liberalisation: Lanka IOC to invest SL Rs. 10 billion here

by Ravi Ladduwahetty

Lanka Indian Oil Corporation, the Sri Lanka based wholly owned subsidiary of the giant Fortune 500 Indian Oil Corporation, will invest Rs. 10 billion in Sri Lanka and will operate 100 petrol filling stations which it has purchased from the Ceylon Petroleum Corporation, LIOC Chairman N.K. Nayyar told the Daily News in an interview on Thursday night.
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PM to inaugurate BIMST-EC

Prime Minister Ranil Wickremesinghe will inaugurate the fifth Bangladesh, India, Myanmar, Sri Lanka, Thailand Economic Cooperation BIMST-EC Ministerial meeting which is scheduled to be held on December 20.
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NPC calls for bipartisan approach

The National Peace Council (NPC) yesterday urged the government and the Opposition to work together towards a political solution in the wake of the announcement in Oslo that the government and the LTTE had agreed on a federal model.
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