October 31, 2024
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    Prabhath

    The Finance Company PLC (TFC), is a Finance Company, carried its finance business activities under the Finance Business Act No. 42 of 2011 (FBA) and was severely impacted by the failure of a number of financial institutions within the Ceylinco Group in 2008. Since then, the financial status of the company deteriorated gradually, leading to a severe liquidity crisis.

    Airlines are hereby informed that Mattala and Ratmalana International Airports are permitted for operations of international airline/ corporate jet operations for the purpose of Technical Landings/Refueling Only.

    The government had taken measures to provide the people Rs. 5000 to assist them through this difficult period despite the financial restraints faced by the government, but in accordance with the orders of the Election Commission to stop the granting of the Rs. 5000 allowance to the people, the government is compelled to comply with these orders and would not be able to grant the Rs. 5000 for June, Minister Bandula Gunawardena said during the Cabinet briefing May (21).

    The showery condition in the South-western part of the island is expected to continue further today.

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    Desathiya