Legal

Extra Time

Sri Lanka’s Supreme Court on Monday asked the elections chief to hold back on announcing the date of presidential polls pending a ruling on when the term …

Dim View

Sri Lanka’s Supreme Court blocking a land-mark aid sharing deal among the island’s warring parties is seen by diplomats and analysts as the worst …

Re-routed

Sri Lanka Telecom’s tariff dispute could set the telco giant back by a few billions in profits depending on how the Appeal Court ruling against its tariff is …

Rinse Cycle

Sri Lanka’s cabinet has approved a proposal to enact laws to nab money launderers and expose irregular financial transactions, officials said Friday. Sri …

Leave to Appeal

Sri Lanka Telecom on Wednesday said that it will seek special leave to appeal Monday’s Court of Appeal ruling against its 2003 tariff hike. Sri Lanka Telecom …

Call Back

The Appeal Court on Monday quashed Sri Lanka Telecom’s 2003 tariff increase, which raised monthly rentals to Rs. 500. The Appeal Court on Monday quashed Sri …

Off The Table

Sri Lanka plans to draw up laws to prevent key state-run companies from being privatised, Finance Minister Sarath Amunugama said Friday. Sri Lanka plans to …

Jail Birds

Five men were Monday sentenced to hang for killing a Sri Lankan judge who had handed down heavy sentences on gangsters. Five men were Monday sentenced to hang …

Different Tune

For the first time in Sri Lanka, two cases of mass scale copyright violations had the book thrown at them this week. For the first time in Sri Lanka, two cases …

Limited Edition

Sri Lanka raised the capital requirement for money changers by 900 percent and paved the way for dealers to open branches, the Central Bank said Friday. Sri …

Big CRIB

Sri Lanka’s Credit Information Bureau (CRIB) is to expand its services to include factoring, non-bank and non-financial providers of credit, officials …

Scam Jam

Though the Gold Quest scam seems to have collapsed in Sri Lanka, anti-pyramid activists are warning that new network marketing scams with other products will …

Illegal Quest

GoldQuest, the controversial network marketing scheme, is now illegal in Sri Lanka after its scam drained US$ 15 million in foreign exchange from the country, …

Borrowing Time

Sri Lanka Telecom and the industry watchdog will make further submissions in the District Courts in mid-June to defend the incumbent fixed line operator’s …

Change of Mind

The Sri Lankan government now says it will consider alternatives to the no-building-zone regulation in areas of land shortage. The Sri Lankan government now …

Come Clean

The World Bank is backing media and civil society groups to make information a ‘public good’ in Sri Lanka. The World Bank is backing media and civil …

Smoke Signals

Sri Lanka’s Central Bank is spearheading a nationwide census to smoke out some 20,000 unregulated financial entities, a top official said Friday. Sri …