Racket Busting
Treasury Secretary Dr. P B Jayasundera says the government is formulating new laws to stop international racketeers from using local financial …
All News
Thinking of U
A new government sponsored agency under the Presidents control and headed by a top bureaucrat has been put in charge of policy formulation and …
Lanka tea traders say Pakistan’s move to reduce duties on its side by 10 per cent on tea imports is not effective enough to curb smuggling into the Islamic nation.
Lanka tea traders say Pakistan’s move to reduce duties on its side by 10 per cent on tea imports is not effective enough to curb smuggling into the …
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 …
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 …
Live Injection
The Aitken Spence Group secured an AA (sri) rating for its upcoming Rs. 1 bn five-year unlisted debenture issue from Fitch Ratings Lanka. The group …
Acting Fast
The Finance Minister has won the Cabinet nod to go ahead to enact five amendments to tax related acts to seal up its revenue lines and increase …
Heavy Load
The Treasury says it has forked out Rs. 6 bn todate to subsidise essential items like petroleum, wheat, flour, fertilizer and sugar. online pharmacy …
Mismatch
Total revenue for the period Jan-Apr fell three percent to Rs. 91.7 bn while overall expenditure jumped 33 percent to Rs. 121.0 bn, the Finance …
Building High
A 22.46 percent larger loan book propped up by lower interest rates and growing demand for homes upped income at Housing Development Finance Corp. …
Rising Expectations
Sri Lankas inflation rate for June shifted up to 3.9 percent on the back of rising prices of essential goods like rice, red onions, potatoes and …
Audit Check
The securities watchdog has issued tough guidelines on the role of auditors and non-audit services, which will be made compulsory for listed firms …
Holding On – Updated
The Central Bank on Tuesday reiterated its call for political stability, fiscal discipline and structural reforms to enable the economy grow by five …
Upping It
The Central Bank says it hopes to raise up to US$ 400 mn in bonds shortly, to bridge the budget deficit and ease the pressure on the local debt …
Holy Battles
ldblquote The proposed legislation is a violation of human rights, dblquote Head of the Legal Division, Centre For Policy Alternatives (CPA), Rohan …
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 …
Nomad Cell
Mobitel will tap the telecom watchdogs payphone subsidy to rollout call boxes in the Sri Lankan outback using ACeS satellite connections. The Sri …
Driving Hard
Sri Lankas slow moving infrastructure projects are lined up for fast forward implementation through a new central coordinating body, says the …
Masala Recipe
Experts from Indian Bank are flying in next month to help out with giving alternate proposals to revamp the technically insolvent Peoples Bank.The …
Piggy Bank
The Chartered Institute of Management Accountants (CIMA) Sri Lanka will roll out a student loan scheme for the first time, covering the entire cost …
Steady Float
Sri Lankas foreign reserves slipped 3.7 percent dip in April, slightly above a 5. online pharmacy buy ciprodex with best prices today in the USA …
Quick Cash
Commercial Bank of Ceylon has tied up with Xpress Money, to provide Lankan expatriates facilities to transfer funds to Sri Lanka instantly. With this …
Fraud Advice
The Fraud Bureau has sought Attorney General's advice on how to proceed with the GoldQuest case, after the Controller of Exchange who is conducting a …
Health Check
Health institutions may soon be classified according to their service standards as private sector health care is coming to the forefront with the …