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 …
Legal
Empower your business in Sri Lanka and internationally with Prifinance expert corporate and financial services. Streamline company formation and investment opportunities with our tailored advice and solutions.
Nasty Bug
The government is trying a backdoor move to slip in a clause that classifies local firms, which are 25 percent foreign owned, as non-citizens. online pharmacy …
Land Grab
The government cancelled 528 land transactions under the Land Reclamation Commission (LRC) on Thursday. buy amoxil online …
Too Much?
A top audit expert is asking authorities close ownership loopholes on investment trusts, as capital market regulators tighten the noose on auditors and listed …
Bi-partisan Pyramid
The government strongly condemned pyramid schemes today promising quick cabinet approval to draft anti-pyramiding legislation. The government strongly …
Strategic Act
Senior Presidential Advisor Mano Tittawella on Wednesday told a conference hall full of donor agency representatives that a draft bill to set up the Strategic …
Joint Effort
The Securities watchdog has asked the Institute of Chartered Accountants to incorporate the SEC’s views into the ICASL’s corporate governance code. The …
Deja Vu
Black July is past but not gone for good, warns the Asian Human Rights Commission (AHRC) pointing to cases of police torture that continue to occur in Sri …
Reform Pains
Civil rights activists warn that Sri Lanka is in danger of unfavourable reforms because of poor application of international trade agreements.Human rights …
Back Stabbing
A supporter of the breakaway commander who led an unprecedented split in the Tamil Tiger guerrillas in March was gunned down by a fellow inmate at a jail in …
Holding Fire
Sri Lanka on Tuesday agreed to sign up to a United Nations treaty to discipline its use of landmines, booby traps and certain other conventional weapons. …
Tightening Colombo
The government said Wednesday that it had beefed up security in and around Colombo after yesterdays bomb blast, but investors had lquote nothing to worry about …
Etched in Stone
Houses stuck together like a long stretch of sliced sandwich bread is a common sight in most parts of Colombo, but despite the increasing housing density in …
Custom Made
Sri Lanka Customs Superintendent Athula Lankadevas residence in Maharagama was given security from Monday night.Finance Minister Dr. Sarath Amunugama met top …
Parliament Quotes
The Court of Appeal issued notice on two Sri Lankan members of Parliament, the Elections Commissioner and the Secretary General of the governing party on …
Racket Busting
Treasury Secretary Dr. P B Jayasundera says the government is formulating new laws to stop international racketeers from using local financial markets to …
KillerQuest
Unidentified gunmen failed in a late-night quest this week, to kill the top customs official who is heading the revenue fraud investigation in the import of …
Soft Pillow
The government says it is working on US styled Chapter 11 bankruptcy laws to resuscitate ailing firms.The fresh laws will cover sole traders and partnerships, …
Holy Battles
ldblquote The proposed legislation is a violation of human rights, dblquote Head of the Legal Division, Centre For Policy Alternatives (CPA), Rohan Edrisinha …
Top Gear
Central Bank is to take action against 4000 pyramid promoters who had fraudulently helped send nearly US$ 7 million out of the country in the in the first …