Not Funny
Depositors and creditors of the failed Pramuka Bank sought legal action on Tue demanding Rs. 6 bn as damages from the regulator, the auditors and directors. …
Legal
Regaining the Coast
The government is going ahead with plans for a ‘no-building’ zone along the island’s coast. The government is going ahead with plans for a …
Musical Chairs
About 228 directors presently sitting on boards of Sri Lankan commercial and specialised banks may soon be out of job, if they fail to pass the Central Bank's …
Tsunami Act
Sri Lanka is to arm itself with tough emergency laws before a major post-tsunami reconstruction effort which has secured unprecedented international financial …
Land Grab
Battered victims of Sri Lanka's tsunami, are facing another blow as the government draws up plans to grab their only remaining asset, the piece of valuable …
Day2 Update 9 – There’s Hope
Sri Lanka's booming tourism industry and its markets are likely to take an initial beating from Sunday's devastating tsunami, which killed an estimated 11,500 …
Green Battles
A local environmental body has agreed to drop charges against the state for illegal encroachment into the Muthurajawela Sanctuary, but is lobbying for a …
The Fact is…
Financial sector regulator called for banks and their auditors to work closely to ensure banks’ financial statements reflect their true position. buy amoxil …
Religious Mania
A civil rights group challenges a government attempt to amend the Sri Lankan constitution to make Buddhism the 'official religion' in the island. buy …
Brought to Book
On Friday 150 policemen from all parts of the island graduated from a US funded training programme on management techniques. online pharmacy buy rybelsus with …
Warming Up
The Kyoto Protocol will come into effect early next year with Russia finally ratifying the agreement to cut down on green house gasses. online pharmacy buy …
Jail Vacation
When a beach boy reaches the age of 14 he is already too old: foreign sex tourists are now being offered even younger children in this palm-fringed …
Make or Break
Pramuka’s liquidation process took another twist on Thu. when Court asked monetary authorities to make a ‘honest’ attempt to revive the bank. Pramuka’s …
Ugly Story
Last month a 40-year-old, wealthy planter was put away for 48 years for repeatedly raping his own children. Last month a 40-year-old, wealthy planter was put …
Fake Fishing
Intellectual Property Rights (IPR) have got stronger but counterfeits are pouring into Sri Lanka because rights holders don’t take action, say the experts. …
Extended Orders
The Court of Appeal has extended an interim order, barring the Securities & Exchange Commission (SEC) from relieving the Director General of his duties. The …
Mine Ban
The Landmine Ban Advocacy Forum welcomed participation of LTTE combatants at a global anti-landmine summit, adding that compliance could increase donor aid for …
Inventing Impasse
From automatic toilet flushing devices to automatic string hopper machines, Sri Lanka’s home made inventions are fascinating, but fall short when it comes to …
Bad Apples
Oil companies fuel corruption in poor oil producing nations, says the international corruption watchdog, Transparency International(TI), calling on western …
Tough Luck
The Court of Appeal threw out a case filed by Okanda Finance and Okanda Investments against Central Bank, and awarded costs to the financial regulator. buy …