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Financial sector regulator called for banks and their auditors to work closely to ensure banks’ financial statements reflect their true position. …

Long Chat

Pioneering mobile operator Celltel Lanka Ltd picked up a US$ 20 mn cheque from a syndication of banks to deploy its network islandwide. Pioneering …

Tax Trap

The Inland Revenue Department made Value Added Taxes (VAT) payments mandatory on all teas brought for the local market at the weekly auctions. The …