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Aye for an eye

Government is planning to set up powerful Parliamentary committees to act as watchdogs on State institutions.The special committees will include …

Pretty City

Thirteen acres of prime land on which a spinning mill was earlier located will be developed in to a residential and recreational center under a joint …

See-Me-there

The telecom watchdog has given the go ahead to licensed international voice and data operators to access the SEA-MEendash WE 3 submarine cable.Only …

Holiday Tax

A one percent levy on turnover will be charged on all Tourist Board licensed institutions, under the new Finance Bill, passed Thursday. The tax will …

Trade Net

Potential Euro-Sri Lankan business partners in the plastics and rubber sector will be linked up via a joint trade database floated today.rn Launched …

Outright sales

Central Bank may start outright sales of government securities as early as next week with rising foreign inflows boosting the countrys money …

Looking Glass

Government plans to set up 14 Oversight Committees to look over key state functions is on track, with proposals going to parliament in a few weeks. …

Redial

The telecom watchdog on Wednesday published a set of rules that will govern the short code auction scheduled for an August date. The online auction …

Extension Cord

Continued lobbying from the telecom industry has now opened up access to undersea cable bandwidth. Direct access to the SEA ME WE (Cable connecting …

No Cuts

Central Bank left key interest rates unchanged on account of the high liquidity in the financial system at present. The decision came after its …

Tall Order

Offering greater value to its tenants, the World Trade Centre (WTC) in Fort together with Dialog, has put in a fibre optic internet backbone in the …

Super Watchdog

Draft legislature to set up the super regulator for the information and communication sectors is now up for discussion.The bill will help form the …

An Act For Audits

The top Government Auditors job is to be made independent with the enactment of a new Law, which will also give the department wide ranging …

Hurdles in Law

The private sector is calling for a new law to facilitate asset securitisation transactions in the country and a high-powered financial reforms …

Bulls Eye

The Finance Minister said last week that fiscal targets were on track in his first Fiscal Position Report. The Government said that privatisation …