Saturday, Apr 27 2024 | Time 15:57 Hrs(IST)
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World


SL transforms 52 loss-making state-owned enterprises into profit-making ventures

Colombo, Feb 28 (UNI) The Sri Lankan government has transformed 52 loss-making state-owned enterprises (SOEs) into profit-making ventures in 2023, State Minister for Finance Shehan Semasinghe said on Tuesday.
These SOEs lost around 743 billion rupees (about 2.4 billion U.S. dollars) in 2022.
The Ceylon Petroleum Corporation and the Ceylon Electricity Board, two of the most loss-making SOEs in the past, are now profitable due to the cost-reflective pricing mechanism and the current economic reforms.
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U S says Yemeni Houthis' missiles hit British ship

27 Apr 2024 | 3:11 PM

Washington/Sanaa, April 27 (UNI) Yemen's Houthi group launched three anti-ship ballistic missiles into the Red Sea from Yemen, hitting a British oil tanker, the U.S. military confirmed on Friday.

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6 9-magnitude quake rocks Japan's Bonin Islands

6 9-magnitude quake rocks Japan's Bonin Islands

27 Apr 2024 | 2:43 PM

Tokyo, April 27 (UNI) An earthquake with a preliminary magnitude of 6.9 on Saturday jolted off the west coast of Japan's Bonin Islands, or Ogasawara Islands, the country's weather agency said.

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Russian air defenses shot down 68 Ukrainian drones at night - Defense Ministry

Russian air defenses shot down 68 Ukrainian drones at night - Defense Ministry

27 Apr 2024 | 1:44 PM

Moscow, April 27 (UNI) Over the past night, Russian air defenses shot down 66 Ukrainian drones over the Krasnodar Territory and two more drones over the Crimea, the Defense Ministry said in a statement.

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Afghan police destroy poppy fields in northern province

27 Apr 2024 | 1:38 PM

Pul-e-Khurmi, Afghanistan, April 27 (UNI) Afghan counter-narcotics police have smashed poppy on eight acres of land in north Afghanistan's Baghlan province, a statement of the provincial police office said on Saturday.

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Sri Lanka to hand over management of China-built airport to Indian, Russian firms

Sri Lanka to hand over management of China-built airport to Indian, Russian firms

27 Apr 2024 | 1:06 PM

Colombo/New Delhi, April 27 (UNI) Sri Lanka has decided to hand over the management of its Chinese-built Mattala international airport, located near Hambantota port, to an Indian and a Russian firm on a 30-year lease.

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