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Final decision on privatizing SLT, at next Cabinet meeting (Update)

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The Government has focussed its attention to the Sectoral Oversight Committee report, which was presented to Parliament today (09), emphasizing the concerns surrounding the potential risk to national security resulting from the privatization of Sri Lanka Telecom.

While acknowledging the factual content of the report, the Government believes that it lacks a logical or scientific data analysis pertaining to the subject matter. To address this deficiency, it is necessary to examine the operation and regulation of information and communication technology service providers in Sri Lanka, analyse financial data related to the sector, understand Sri Lanka’s national ambitions in this field, assess the available capital capacity, and conduct a comprehensive study of global trends.

Furthermore, the Government has reassured that the policy decision taken will not compromise national security, contrary to what is indicated in the report.

Hence, the Government will take a final decision during an upcoming cabinet meeting, considering this report along with recommendations from the information and communication sector.

Additionally, the President emphasizes that the current government’s policy is focused on providing opportunities to the private sector, distancing it from direct government involvement.

(President’s Media Division)

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(previous news: 09th June 2023, 12:32pm)

Parliament SOC recommends not to privatise SLT

The Sectoral Oversight Committee (SOC) on National Security has said that it does not recommend the privatisation of Sri Lanka Telecom (SLT).

This was stated in a report issued by the SOC on National Security headed by MP Sarath Weerasekera.

The report said that matters sensitive to national security can be exposed through the privatisation of SLT.

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SriLankan Airlines online booking services, restored

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SriLankan Airlines has announced in a statement that its internet booking services have been fully restored as of 08:30 GMT (14:00 local time in Sri Lanka), following a global outage of third-party service providers that affected the airline’s online booking services. 

Apologizing to any inconvenience caused, the airline urges customers to contact their Global Contact Centre at +94 19733 1979 for any further assistance with existing or new bookings.

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Govt. terminates bidding process for SriLankan Airlines

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The Cabinet at a July 9th meeting has decided to terminate the current bidding process for the divestiture of national carrier Sri Lankan Airlines, a State Owned Enterprises Restructuring Unit statement has said.

The statement further adds that instead, “alternate strategy to be decided shortly, to divest the airline base on a framework approved by Cabinet of Ministers”.
Colombo called for bids in September to sell SriLankan Airlines, a key IMF demand when granting a bailout loan to the country last year.

Six firms had initially expressed interest in taking a stake in the airline, which owed more than $2.0 billion at the end of the 2022/2023 financial year.

The government announced in April a shortlist of three potential investors, including Malaysia’s Air Asia.

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Barriers to export of SL agri products to China, removed

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The Chinese government has removed the long-standing barriers to the export of chicken and eggs produced in this country as well as pineapples to China.

Minister of Agriculture and Plantation Industries Mr. Mahinda Amaraweera said that this agreement was expressed during the discussion with the delegation including Mr. Wang Lingjung, Deputy Minister of General Administration of Customs of the People’s Republic of China who recently visited Sri Lanka.

Accordingly, Sri Lankan pineapple cultivators and exporters as well as poultry product manufacturers have been allowed to export as much poultry meat and eggs as well as pineapples to the Chinese market.

The Ministry of Agriculture and Plantation Industries had to do a lot of work to remove the obstacles that existed in our country to export these agricultural products to the Chinese market. A number of methods had to be completed in order to confirm the quality of poultry products in the country’s market, especially the way pineapple is grown in our country.

The Minister also said that due to the commitment made by the officials of the Ministry of Agriculture and Plantation Industries, the effort to get market opportunities from China has been successful for our country.

Meanwhile, the Minister of Agriculture and Plantation Industry Mr. Mahinda Amaraweera said that the Chinese Deputy Minister assured that the Chinese government will work to expand China’s market opportunities to Sri Lanka in order to export whatever high quality agricultural products are in Sri Lanka.

(dailynews.lk)

(Except for the headline, this story, originally published by dailynews.lk has not been edited by SLM staff)

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