header logo
Mogo Academy
Latest
Govt ready for a structural change of SOEs - President
Jan 28, 202508:37 PM
Govt ready for a structural change of SOEs - President
Mobitel Inner

President Anura Kumara Dissanayake says that the government is ready for a structural change in loss-making state-owned enterprises.

 

He further added that a study is being carried out on how to list loss-making government enterprises in the Colombo Stock Exchange (CSE) through a holdings company.

 

The President made this statement while addressing the “Sri Lanka Economic Summit - 2025,” held in Colombo this afternoon (28).

 

He emphasized that the government is prepared to implement structural changes in loss-making enterprises.

 

Speaking further on this matter, he added, “We are not viewing these enterprises from the old perspective. We are ready to make structural changes. In particular, we are currently studying whether it is possible to merge these enterprises and issue a certain number of shares on the stock market through a holdings company. We are also ready to reconsider about corporations and boards.”

 

He continued, “I will be frank, there are some enterprises, and several of them are performing the same functions. I think we will have to close some of them, merge others, and in some cases, the scope of certain enterprises will have to be changed. We are currently proceeding with the identification of these.”

 

 

 

MostRead
Mobitel Upahara
VideoStories
“Dengue threat will persist for four weeks "Total number of infections in 2026 surpasses 61,000

“Dengue threat will persist for four weeks "Total number of infections in 2026 surpasses 61,000

“Govt. must be held accountable for loss of life ”Independent probe called into Negombo Prison Clash

“Govt. must be held accountable for loss of life ”Independent probe called into Negombo Prison Clash

“Belittling honors bestowed on war heroes unacceptable” - Gammanpila on remarks by AG Dept. official

“Belittling honors bestowed on war heroes unacceptable” - Gammanpila on remarks by AG Dept. official

Death toll in Negombo Prison Clash climbs to 26 Justice Minister accepts responsibility for incident

Death toll in Negombo Prison Clash climbs to 26 Justice Minister accepts responsibility for incident

Negombo Prison Violence: Two dead, 28 hospitalized;  Drug kingpin linked to deadly clash?

Negombo Prison Violence: Two dead, 28 hospitalized; Drug kingpin linked to deadly clash?

“Many insults are being hurled at Buddhist monks” Asgiri Chief Prelate calls for unity among clergy

“Many insults are being hurled at Buddhist monks” Asgiri Chief Prelate calls for unity among clergy

Agriculture Minister links excess rice consumption by public to high rate of diabetes in Sri Lanka

Agriculture Minister links excess rice consumption by public to high rate of diabetes in Sri Lanka

Dengue cases continue to soar as deaths rise to 39; PHIs intensity operation against dengue

Dengue cases continue to soar as deaths rise to 39; PHIs intensity operation against dengue

 Prices of multiple food items reduced from midnight today

Prices of multiple food items reduced from midnight today

Several farmers continue protests, demanding fair guaranteed paddy prices

Several farmers continue protests, demanding fair guaranteed paddy prices

Dengue cases continue to spike across several districts of the island

Dengue cases continue to spike across several districts of the island

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Former Navy Commander Wasantha Karannagoda granted bail on two surety bonds

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Rakitha Rajapakshe, Charith Abeysinghe and another further remanded until July 17

Opposition Leader accuses Govt. of failing to honour its election promises

Opposition Leader accuses Govt. of failing to honour its election promises

Agriculture Minister vows to implement all possible measures to address farmers' concerns

Agriculture Minister vows to implement all possible measures to address farmers' concerns

Lassana Flora