Broad Sweep
June 27, 2007 (AFP) - About 300 people were detained in Sri Lanka's capital Wednesday in connection with a foiled bomb attack by suspected Tamil rebels on an …
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.
Different Jump
June 26, 2007 (AFP) - A Sri Lankan athletics coach participating in an international training programme has disappeared in Italy, a senior official said …
Split Path
June 20, 2007 (LBO) – Two Colombo-listed firms have opted to split their shares after a new law forced the companies to withdraw an earlier decision to …
Blocked Call
June 14, 2007 (LBO) – Sri Lanka's highest court halted the sale of shares of the country's largest fixed access operator to a Malaysian firm Thursday, …
Wrong List
WASHINGTON, June 12, 2007 (AFP) - US Middle East allies Bahrain, Kuwait, Oman and Qatar, as well as key trading partner Malaysia were added Tuesday to a …
Go Back
June 11, 2007 (AFP) - Sri Lanka has deported over 400 foreign nationals so far this year for overstaying their visas and working in the island illegally, the …
Clear Rules
June 08, 2007 (LBO) – A top World Bank official Thursday warned of the dangers of governments accepting unsolicited proposals in public-private …
Inflated Fines
June 07, 2007 (LBO) – Sri Lanka's capital markets watchdog is planning to impose stiffer penalties as part of an overall revamp of key statutes governing …
Trend Setter
June 05, 2007 (LBO) - Richard Pieris, a Sri Lanka listed firm, has declared a cash dividend and a stock distribution under provisions of a new company law that …
High Standards
June 04, 2007 (LBO) – Sri Lanka's new company law should encourage good governance and help deter boardroom abuses that have given the corporate sector a …
Opposition Despots
June 01, 2007 (LBO) – The Free Media Movement has slammed the opposition United National Party over its continued attempts to intimidate newspaper …
Capital Loss
May 30, 2007 (LBO) – Tableware exporter Dankotuwa Porcelain has announced plans to reduce its share capital to wipe off accumulated losses amounting to …
Asset Backed
May 30, 2007 (LBO) – Sri Lankan companies that securitize leases will get to retain capital allowances and be exempt from stamp duty under a new law …
Human Capital
May 30, 2007 (LBO) – The Securities and Exchange has hired three new specialists to push asset management, debt markets and communications, the regulator …
Caught
JAKARTA, May 29, 2007 (AFP) - Two Sri Lankans and an Indonesian have been arrested in Jakarta for allegedly running a people smuggling operation to Australia, …
Law Club
May 27, 2007 (LBO) – Sri Lanka has been re-elected to the United National Commission on International Trade Law (UNCITRAL) for a six year period, the …
Extradition Quest
May 26, 2007 (LBO) – The Philippine government has asked for arrested operators of the Questnet referral schemes in which tens of thousands of poor …
Tax Loophole
May 22, 2007 (LBO) – The new company law gives companies a better chance to avoid paying tax on investment income, a corporate law expert said Tuesday. A …
At Last
May 21, 2007 (LBO) – Copies of Sri Lanka’s new Companies Act can now be downloaded from the Web and are available at the government publications …
Bonus Status
May 18, 2007 (LBO) - Colombo Stock Exchange has withdrawn the approval for bonus issues of some companies, and asked twelve firms to submit fresh applications …