Tag: Minister of Trade and Commerce
Lanka Sathosa to be rescued with Rs7.5bn treasury funding; KPMG to help restructure
June 25, 2015 (LBO) – Lanka Sathosa, a state owned retail store will be given a 7.5 billion rupee bail out from the treasury and audit firm, KPMG has been appointed to look into ways of re-structuring it, a Minister said. “The Finance Minister Ravi Karunanayake had agreed to give 7.5 billion rupees from the […]