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Steam Iron

State officials are looking at ways to implement World Bank recommendations to improve the countrys financial accountability.The recommendations are part of …

Act Two

Work on drafting a fresh piece of legislation to replace the present Companies Act is due to get off the ground next week.The committee, which includes legal …

Warm Cup

Despite torrential rains and heavy flooding on some estates, tea crop intakes in April have reached record levels at 29.38 mn kilos. This is 7.8 percent up on …

One Taste

Ceylon tea just got better. An industry long built on a tradition of quality, will have its official stamp of approval, when quality standards for made tea are …

Pirates Ahoy

Parliament is expected to push through the long over due Intellectual Property Act by mid June.Parliament gave the Act a preliminary hearing on May 22 with …

Wider Definition

The countrys banking laws will be amended this year to regulate dozens of unlicensed deposit taking companies.Authorities are considering Amendments to the …

Making Of A King

Consumer protection has been a concern of every administration but analysts say that Sri Lankan consumers are far from being kings. A new Act is trying to put …

Gassed!

The Court of Appeal issued an interim order on Friday stating a Consumer Affairs Authority (CAA) direction allowing all LP Gas traders to refill and sell LPG …

Adding Muscle

Laws to give banks and finance companies more muscle to tackle bad debts have got regulatory approval and are now before the Legal Draftsmens Dept. Under the …

Warming Up

Average prices for tea at the Colombo auctions dropped to Rs. 145.02 by April from an average of Rs. 156.82 in 2002. Low grown prices lead the drop, affected …

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