Free World
BRUSSELS, July 11, 2007 (AFP) - A top European court ordered EU antitrust regulators Wednesday to pay damages to French firm Schneider for wrongfully blocking …
Legal
Mercy Call
July 9, 2007 (LBO) – The Asian Human Rights Commission (AHRC) is calling on Muslim scholars to appeal a death sentence facing an under-aged Sri Lankan …
Please Hurry
July 9, 2007 (LBO) – A Hong Kong based rights body has offered to foot a part of the legal fees to appeal the case of a young Sri Lankan girl condemned …
Graft Block
July 6, 2007 (LBO) – Sri Lankan civil society has developed an action plan to counter corruption with help from USAID's Anti-Corruption Program (ACP), …
Light Touch
July 01, 2007 (LBO) - Sri Lanka’s rule book and compliance based financial regulatory system needs to be changed to one of principle based risk focused …
Broad Sweep
June 27, 2007 (AFP) - About 300 people were detained in Sri Lanka's capital Wednesday in connection with a foiled bomb attack by suspected Tamil rebels on an …
Different Jump
June 26, 2007 (AFP) - A Sri Lankan athletics coach participating in an international training programme has disappeared in Italy, a senior official said …
Split Path
June 20, 2007 (LBO) – Two Colombo-listed firms have opted to split their shares after a new law forced the companies to withdraw an earlier decision to …
Blocked Call
June 14, 2007 (LBO) – Sri Lanka's highest court halted the sale of shares of the country's largest fixed access operator to a Malaysian firm Thursday, …
Wrong List
WASHINGTON, June 12, 2007 (AFP) - US Middle East allies Bahrain, Kuwait, Oman and Qatar, as well as key trading partner Malaysia were added Tuesday to a …
Go Back
June 11, 2007 (AFP) - Sri Lanka has deported over 400 foreign nationals so far this year for overstaying their visas and working in the island illegally, the …
Clear Rules
June 08, 2007 (LBO) – A top World Bank official Thursday warned of the dangers of governments accepting unsolicited proposals in public-private …
Inflated Fines
June 07, 2007 (LBO) – Sri Lanka's capital markets watchdog is planning to impose stiffer penalties as part of an overall revamp of key statutes governing …
Trend Setter
June 05, 2007 (LBO) - Richard Pieris, a Sri Lanka listed firm, has declared a cash dividend and a stock distribution under provisions of a new company law that …
High Standards
June 04, 2007 (LBO) – Sri Lanka's new company law should encourage good governance and help deter boardroom abuses that have given the corporate sector a …
Opposition Despots
June 01, 2007 (LBO) – The Free Media Movement has slammed the opposition United National Party over its continued attempts to intimidate newspaper …
Capital Loss
May 30, 2007 (LBO) – Tableware exporter Dankotuwa Porcelain has announced plans to reduce its share capital to wipe off accumulated losses amounting to …
Asset Backed
May 30, 2007 (LBO) – Sri Lankan companies that securitize leases will get to retain capital allowances and be exempt from stamp duty under a new law …
Human Capital
May 30, 2007 (LBO) – The Securities and Exchange has hired three new specialists to push asset management, debt markets and communications, the regulator …
Caught
JAKARTA, May 29, 2007 (AFP) - Two Sri Lankans and an Indonesian have been arrested in Jakarta for allegedly running a people smuggling operation to Australia, …