Daily Archive: July 20, 2024

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New legislation proposed to tackle failing businesses 0 (0)

President Ranil Wickremesinghe stated that it is not feasible to indefinitely maintain the temporarily suspended Parate law. Consequently, a new bill will be introduced to address bankrupt businesses. The President also mentioned that the...

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No need to fear the constitutional amendment 0 (0)

President Ranil Wickremesinghe stressed that there should be no apprehension regarding the constitutional amendment. He highlighted that he delegates the responsibility of making constitutional amendments to seasoned professionals. He noted that in the past,...

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The Youth’s Success Over Failing State Enterprises 0 (0)

President Ranil Wickremesinghe emphasized that restructuring loss-making public institutions will lead to more resources being allocated to education and healthcare in the future. He highlighted that the true wealth of the country lies in...

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