Dodgy Practice
February 27 (LBO) – Sri Lanka's accounting watchdog said Tuesday it would take action against Touchwood over its accounting practices and would also …
Legal
Legal Upgrade
February 27 (LBO) – Sri Lanka will allow hearing of appeal cases to be decentralized to its provincial courts, to clear a ten-year backlog of cases, …
Clean Sweep
Feb 26 (LBO) – Sri Lanka's trade ministry is looking at appointing a liquidator to close a state trading firm that went bankrupt in a failed …
Summoned
February 23 (LBO) – Sri Lanka's foreign minister has summoned the Saudi envoy in Colombo over the beheading and 'crucifixion' of four Sri Lankans, …
Blood Money
RIYADH, Feb 24, 2007 (AFP) - A 97-year-old Saudi man waiting to be beheaded for murder has launched an appeal for donations of blood money in order to spare …
Crucified
February 21 (LBO) – Saudi Arabia has 'crucified' four Sri Lankans after beheading them, including a man who was told he was only serving a prison-term, …
Imminent Act
February, 21 (LBO) - Every attempt is being made to bring the new companies act into effect from next financial year starting from April 02 making it easier to …
Executed
RIYADH, Feb 19, 2007 (AFP) - Four Sri Lankans convicted of armed robbery were beheaded by the sword in the Saudi Arabian capital Riyadh on Monday, the interior …
Summary Justice
January 19 (LBO) – Saudi Arabia has beheaded four Sri Lankans by the sword including a man serving a jail sentence, reports from the desert kingdom said, …
Credit Clamp
January 31 (LBO) – The Securities and Exchange Commission has clamped down on brokers who finance customers by giving them extra time to settle, because …
Behaviour Code
January 05, 2007 (LBO) – Sri Lanka's securities regulator will include a revised corporate governance code into the Colombo bourse' listing requirements, …
Unsavory Label
Nov 23, 2006 (LBO) – Foreign investors in Singapore who attended a road show by the Colombo Stock Exchange have raised questions about Sri Lanka’s …
Big Fish
November 22, 2006 (LBO) – Sri Lanka's securities watchdog has filed action against nine people for misleading market players with transactions connected …
Sore Eyes
BERLIN, Nov 6, 2006 (AFP) - Haiti, Myanmar and Iraq are perceived as the most corrupt countries in the world while Finland is seen as the cleanest, a respected …
Quiet Settlement
Nov 03 (LBO) - Sri Lanka’s securities watchdog settled a case against Mr. Sajee Lakshman Perera, relating to share trading of Ceylon Grain Elevators …
Le Divorce
Oct 16, 2006 (AFP) - Sri Lanka's Supreme Court Monday ordered the breakup of the restive Northeastern Province, a massive administrative region claimed by …
Interim Injunction
September 8, 2006 (LBO) – A bill to counter computer crimes is stuck in parliament for over a year, illustrating the daunting task facing those who try …
Public Smoke
July 18, 2006 (LBO) – Sri Lanka’s monopoly cigarette maker has asked for six months to enforce a public smoking and advertising ban, following …
Bowling Wide
July 13, 2006 (LBO) – The controversial marketing firm GoldQuest has gone to the Court of Appeal in Sri Lanka asking for an opportunity to explain its …
Illegal Stay
LONDON, July 12, 2006 (AFP) - The British government announced Wednesday it had ruled out the possibility of an anmesty for immigrants who are in the kingdom …