Joint Effort
The Securities watchdog has asked the Institute of Chartered Accountants to incorporate the SEC’s views into the ICASL’s corporate governance code. The …
Legal
Deja Vu
Black July is past but not gone for good, warns the Asian Human Rights Commission (AHRC) pointing to cases of police torture that continue to occur in Sri …
Reform Pains
Civil rights activists warn that Sri Lanka is in danger of unfavourable reforms because of poor application of international trade agreements.Human rights …
Back Stabbing
A supporter of the breakaway commander who led an unprecedented split in the Tamil Tiger guerrillas in March was gunned down by a fellow inmate at a jail in …
Holding Fire
Sri Lanka on Tuesday agreed to sign up to a United Nations treaty to discipline its use of landmines, booby traps and certain other conventional weapons. …
Tightening Colombo
The government said Wednesday that it had beefed up security in and around Colombo after yesterdays bomb blast, but investors had lquote nothing to worry about …
Etched in Stone
Houses stuck together like a long stretch of sliced sandwich bread is a common sight in most parts of Colombo, but despite the increasing housing density in …
Custom Made
Sri Lanka Customs Superintendent Athula Lankadevas residence in Maharagama was given security from Monday night.Finance Minister Dr. Sarath Amunugama met top …
Parliament Quotes
The Court of Appeal issued notice on two Sri Lankan members of Parliament, the Elections Commissioner and the Secretary General of the governing party on …
Racket Busting
Treasury Secretary Dr. P B Jayasundera says the government is formulating new laws to stop international racketeers from using local financial markets to …
KillerQuest
Unidentified gunmen failed in a late-night quest this week, to kill the top customs official who is heading the revenue fraud investigation in the import of …
Soft Pillow
The government says it is working on US styled Chapter 11 bankruptcy laws to resuscitate ailing firms.The fresh laws will cover sole traders and partnerships, …
Holy Battles
ldblquote The proposed legislation is a violation of human rights, dblquote Head of the Legal Division, Centre For Policy Alternatives (CPA), Rohan Edrisinha …
Top Gear
Central Bank is to take action against 4000 pyramid promoters who had fraudulently helped send nearly US$ 7 million out of the country in the in the first …
Fraud Advice
The Fraud Bureau has sought Attorney General's advice on how to proceed with the GoldQuest case, after the Controller of Exchange who is conducting a foreign …
Dead End?
Sri Lankas public utilities need regulating, the regulatory body is manned, trained and ready to go but has nothing to regulate.The Public Utilities Commission …
Land Lock
Expats buying land here will be charged a 100% tax, with a committee appointed to recommend action for new land sales and real-estate already sold. The …
Warning Bells
The Securities watchdog on Wednesday threatened legal action against members firms who promote pyramid schemes as potential investments.The watchdog says it …
Pyramid Warning
The Central Bank on Thursday warned public against gambling on get-rich- quick referral schemes that promise unusually high returns. The Central Bank on …
New Probe
Customs is investigating how GoldQuest Tracking Centre Owners (TCOs), who popularise the scheme, paid only Rs. 3,000 in taxes and duty for the Rs. online …