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 …
Other
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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 …
Lanka tea traders say Pakistan’s move to reduce duties on its side by 10 per cent on tea imports is not effective enough to curb smuggling into the Islamic nation.
Lanka tea traders say Pakistan’s move to reduce duties on its side by 10 per cent on tea imports is not effective enough to curb smuggling into the Islamic …
Tussle With Tuskers
Companies are paying more attention to the effect of their operations on stakeholders besides their owners. Although not regulated, businesses take the …
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 …
Health Check
Health institutions may soon be classified according to their service standards as private sector health care is coming to the forefront with the failure of …
Back To The Wheel
The government has scrapped reform plans for utilities like electricity, petroleum and water.rnA donor funded government agency Public Interest Program Unit …
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 …
Bond Worrys
Sri Lankas commercial banks are in for a rough ride this year with the bond markets falling on top of increased taxes.The banking sectors 2004 first quarter …
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 …
Cleaner Alternatives
Natural gas, a fossil fuel sold on its environmental friendliness, is available in large quantities and burns cleanly. Its problem is often its distance from …
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 …