Author: lbostgadmin
Legal Status
The government will soon amend existing laws to help tsunami victims that will expedite issuing of death certificates and increase the age of adoption of children left orphan by the Dec.26 disaster, the justice minister said Monday.The government will soon amend existing laws to help tsunami victims that will expedite issuing of death certificates and […]
Growing Octopus
The securities watchdog is looking at expanding the Takeovers & Mergers Code to cover indirect takeovers. The securities watchdog is looking at expanding the Takeovers & Mergers Code to cover indirect takeovers. The Securities & Exchange Commission’s (SEC) powers are presently limited to companies quoted on the Colombo Stock Exchange. Hence its Takeovers & Mergers […]
Forgive Us
Sri Lanka’s finance minister said Monday that the island has accepted debt moratoriums offered by creditor nations following December’s devastating tsunami.Sri Lanka’s finance minister said Monday that the island has accepted debt moratoriums offered by creditor nations following December’s devastating tsunami. “We have written to all the governments that we will be accepting their debt […]
US wants “endgame document” to push international trade
The US wants World Trade Organisation (WTO) countries to come up with an “endgame document” this year, to keep international trade talks on track.The US wants World Trade Organisation (WTO) countries to come up with an “endgame document” this year, to keep international trade talks on track. Ministers from 148 WTO member countries will meet […]
Inland Revenue gunning for GST dues again
The Inland Revenue says it is gunning for GST dues again this year since the current amnesty is not valid for indirect taxes.The Inland Revenue says it is gunning for GST dues again this year since the current amnesty is not valid for indirect taxes. “We are going to collect all GST dues.Even if anyone […]
Three killed in Sri Lanka blast as Bush and Clinton tour
Three people were killed and 38 injured in a blast at a courthouse in southern Sri Lanka, police said, as former US presidents George Bush and Bill Clinton toured the region.Three people were killed and 38 injured in a blast at a courthouse in southern Sri Lanka, police said, as former US presidents George Bush […]
Star Struck
Telecom regulator Aruna Amarasekera was injured and rushed off to hospital on Monday, after an unknown person threw a brick into his office.Telecom regulator Aruna Amarasekera was injured and rushed off to hospital on Monday, after an unknown person threw a brick into his office. The skirmish took place around 1.30 pm, when someone half […]
Calling for CPP
The telecom regulator is calling for public opinion on the Caller Party Pays system that will make incoming minutes free on mobile phones.The telecom regulator is calling for public opinion on the Caller Party Pays system that will make incoming minutes free on mobile phones. The regulator, which has yo-yoed on implementing CPP for years’, […]
The Lotus Eaters
Lives could have been saved and property damaged minimized if Sri Lanka had an early hazard warning system and a system to evacuate people to prevent the tsunami hazard becoming a disaster.Lives could have been saved and property damaged minimized if Sri Lanka had an early hazard warning system and a system to evacuate people […]
Food For Thought
Farmers have increased area planted with GM crops by over 50 times in last decade. Farmers have increased area planted with GM crops by over 50 times in last decade. But there are no studies on the long-term effects of eating GM food or the effects those crops can have on the environment. Many imported […]
Here We Go Again
People’s Bank is to receive a Rs.8 billion capital injection over the next four years as part of a restructuring program that will keep full ownership with the State.People’s Bank is to receive a Rs. 8 billion capital injection over the next four years as part of a restructuring program that will keep full ownership […]
Symbolic Journey
Sri Lanka The first train since the December 26th tsunami has passed along reconstructed tracks by the spot where the surging waters washed away away another train and nearly two thousand lives.Sri Lanka The first train since the December 26th tsunami has passed along reconstructed tracks by the spot where the surging waters washed away […]