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Lotus Tower looking for investors 

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The Lotus Tower is looking for investors for its 44,000 square foot second floor after a rent agreement with a Singaporean company, backed by State Tourism Minister Diana Gamage, to set up a casino and entertainment area, lapsed with its conditions being unfulfilled.

A Singaporean firm named Kreate Design PTE forged a deal with the Lotus Tower Management Company (Pvt) Ltd (LTMC) last year for the sprawling floor in the tower base. The signing ceremony was attended by Minister Gamage and Arosha Fernando, Coordinating Secretary to the State Tourism Minister.

But three months into the agreement, its conditions–including that the company would secure the requisite casino licence–were not met. A month’s extension was granted on request but this, too, has expired, said Maj. Gen. (Rtd.) Prasad Samarasinghe, LTMC Chief Executive Officer and Director.

“The floor is now open for anybody and we will be floating a tender in this regard,” he said. Rent goes at Rs. 500 per square foot and Rs. 100 per square foot for common areas.

Minister Gamage had claimed that Kreate would open Sri Lanka’s “first foreign-funded casino and entertainment hub” at a total input of US$ 1bn over three years. She said business was introduced to Sri Lanka in late November by her and that it would be the largest investment for the country since the COVID-19 pandemic.

“All our plans are now ready to put into action as we will deliver what we have promised without any failure,” she was quoted as saying. The Singaporean company had reportedly tied up with a local firm through which it had applied for a casino licence.

Maj. Gen. Samarasinghe later confirmed that the company had signed a memorandum of understanding (MoU) for an annual rental of US$ 1.4mn. Under the 10-year agreement, LTMC was to have received a six-month refundable deposit and operations were to start last month.

LTMC has notified the parties that the MoU, along with the extension, lapsed on May 7. “We will be calling for proposals for a rent model and whoever wants to can bid,” Maj. Gen. Samarasinghe told the Sunday Times. “It doesn’t have to be just for a casino, it can be any model.”

Among the parties who inspected ii is an Omani investor who has previously expressed interest in UDA properties around Colombo; and an Indian investor who is also considering the casino option. The tender has not been advertised yet.

Considerable space in the Lotus Tower has already been rented out to food suppliers and others. And a deal is being hammered out for the management of the revolving restaurant, two banquet halls, six suites and kitchen.

There is a bungee jumping operator and a mega zip-line is also on the cards. All space on the dedicated technology floor is now filled, Maj. Gen. Samarasinghe said. More than 828,000 people –14,700 of them foreign tourists — have visited the tower so far.

(sundaytimes.lk)

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2nd phase of bidding for luxury vehicles from Prez Secretariat commences

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The second phase of bidding has commenced for the sale of 27 luxury and decommissioned vehicles from the Presidential Secretariat.

 These vehicles, manufactured between 1991 and 2016, include a range of high-end and utility models: two BMW cars, two Ford Everest SUVs, one Hyundai Terracan SUV, two Land Rover SUVs, one Mitsubishi Montero, three Nissan petrol cars, two Nissan-type motor cars, one Porsche Cayenne, five SsangYong Rexton SUVs, one Land Cruiser Sahara SUV, six V08 vehicles and one Mitsubishi Rosa air-conditioned bus.

Tender documents are available from the Finance Division, located on the second floor of the Sema Building at the Presidential Secretariat, on working days between 9:00 a.m. and 3:00 p.m. until 14th May. Interested parties may also inspect the vehicles at the Salusala premises, No. 93, Jawatta Road, up to the same date.

This auction follows the successful first phase of the programme, during which 14 luxury vehicles, six decommissioned vehicles and various spare parts were sold. That phase included the auction of 15 vehicles, including nine Defender Jeeps. The initiative reflects the government’s ongoing commitment to reducing public expenditure and ensuring fiscal discipline.

It is important to note that the vehicles on offer were not allocated to the permanent staff of the Presidential Secretariat. They were utilised by advisors and other individuals appointed under Article 41(1) of the Constitution during the tenure of the previous President.

The official notice regarding this auction is shown below :

(President’s Media Division)

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IPL suspended for a week over safety concerns

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The Indian Premier League has been suspended for one week amid the ongoing tensions between India and neighbouring Pakistan.

Overnight, India accused Pakistan of attacking three of its military bases with drones and missiles, a claim which Islamabad denied.

Pakistani authorities say 31 people have been killed and 57 injured by Indian air strikes in the country and Pakistan-administered Kashmir since Wednesday morning.

Twenty-six civilians were killed in Indian-administered Kashmir last month and India has accused Pakistan of supporting militants behind the attack – an allegation the neighbouring country has rejected.

The situation escalated on Tuesday evening when India launched a series of strikes in a move named “Operation Sindoor”.

The Board of Control for Cricket in India (BCCI) said: “The decision was taken by the IPL Governing Council after due consultation with all key stakeholders following the representations from most of the franchisees, who conveyed the concern and sentiments of their players, and also the views of the broadcaster, sponsors and fans.

“While the BCCI reposes full faith in the strength and preparedness of our armed forces, the Board considered it prudent to act in the collective interest of all stakeholders.”

On Thursday, the IPL match between Punjab Kings and Delhi Capitals in Dharamsala was abandoned mid-match because of floodlight failure, with players, staff and media set to be evacuated from the city, which lies close to the contested region of Kashmir.

Later on the same day, the remaining matches in the Pakistan Super League were moved to the United Arab Emirates.

The IPL, the richest franchise T20 league in the world, had been set to run until 23 May, with 16 games left to be played.

“Further updates regarding the new schedule and venues of the tournament will be announced in due course after a comprehensive assessment of the situation in consultation with relevant authorities and stakeholders,” said the BCCI.

There are 10 England players – past and present – involved in this year’s tournament. They include former white-ball captain Jos Buttler, fast bowler Jofra Archer and all-rounder Jacob Bethell.

IPL matches have been staged outside India before, with the 2009 edition held in South Africa following an attack on the Sri Lankan national side in Lahore in Pakistan, while the 2020 and second half of the 2021 seasons were staged in the United Arab Emirates during the Covid-19 pandemic.

(BBC News)

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First capacity-building program under NCGG – SLIDA MoU concludes successfully

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A Memorandum of Understanding (MoU) between the National Centre for Good Governance of India (NCGG) and Sri Lanka Institute of Development Administration (SLIDA) was signed during the State Visit of President of Sri Lanka, H.E. Anura Kumara Disanayaka to India in December 2024 for training and capacity building of 1500 Sri Lankan civil service officers over a period of five years.

The first program under the MoU was successfully held at NCGG from 21 April to 02 May 2025, and was attended by 41 officers. Based on the request of the Government of Sri Lanka, the theme of the program was ‘digitization in governance’. The program featured a series of sessions focused on key areas such as digital service delivery, digital public infrastructure, financial inclusion through digital payments, and innovations in public grievance redressal systems. Senior officials and domain experts delivered presentations on flagship Indian initiatives in the digital domain, including Ayushman Bharat Digital Mission, e-Office, GeM, Aadhaar, PM Gati Shakti, among others.

At an interaction session with participants in the inaugural program organized on 08 May 2025 at SLIDA, the High Commissioner of India to Sri Lanka, H.E. Santosh Jha underscored that capacity building is an important pillar of the development cooperation between the two countries, with Sri Lanka being among the largest recipients of scholarships and capacity building initiatives offered by India. He highlighted that, demonstrating India’s continued commitment to enhancing capacity-building opportunities for Sri Lankans, Prime Minister of India had announced additional training avenues to 700 Sri Lankan citizens annually during his recent State visit. In that context, the High Commissioner said that the participants in the first NCGG-SLIDA programme also represented the first set of Sri Lankan nationals to receive training as part of the significantly enhanced capacity-building endeavour of India that will now benefit 1000 Sri Lankans annually.

The interaction session was also attended by Secretary, Ministry of Public Administration, Provincial Councils and Local Government, Mr S. Aloka Bandara; Director General of SLIDA, Mr A.V. Janadara; senior officials and faculty members of SLIDA; among others.

In view of the highly positive feedback from the participants in the inaugural NCGG-SLIDA program, based on request from SLIDA, a second program on the same theme under the MoU is now being planned for another batch of around 40 officers for early June 2025.

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