Legal

Cutting Ties

The Sri Lankan government is taking another look at what countries it wants to target for preferential trade agreements. The Sri Lankan government is taking …

Bank Bugs

Pramuka Depositors Association has sought legal redress to cancel the liquidation process and said that they would seek damages from key officials. Pramuka …

Clean Cut

The securities watchdog has compounded an insider case against its ex-chairman and another company director, wrapping up two years of suspense which rocked …

Empty Shell

The Consumer Affairs Authority (CAA) plans to take legal action against Shell and Laugfs for prematurely increasing gas prices. The Consumer Affairs Authority …

Sugar Coat

Parliament Tuesday the controversial land tax bill, paving the way for foreigners to be taxed 100 percent whenever they buy properties. Parliament Tuesday the …

Free Money

Laid off employees can get up to 48 months of compensation and a state dole to go home, under a newly minted labour employment formula rolled out on Wednesday. …

VIP Trouble

Central Bank officials say they will prosecute directors of the failed Pramuka Savings and Development Bank (PSDB) which is being liquidated by the regulator. …

Second Class?

A government decision to hit foreign purchases of land with a 100 percent transfer tax could backfire by driving away foreign investments and hurting local …

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