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Friday, 18 June 2010

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Govt to buy Shell Gas

* Cabinet OK granted for negotiations

* Privatised State assets to be re-vested

The Government intends to purchase majority stakes in the Shell Gas Lanka Ltd. The multinational company, Shell bought the State owned LP Gas monopoly concern few years back. The decision followed representations made by Shell Gas to the Government that they intend to exit from LP Gas business in Sri Lanka due to restructuring of its business worldwide, Mass Media and Communications Minister Keheliya Rambukwella said.

Full Story

Govt ushers development in North

The Government will construct a garment factory and provide 4,000 jobs for the youths in Kilinochchi. An office for Ministers will also be opened in Kilinochchi to discuss problems faced by the people of the North,

Full Story

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