Legal

Robot Watchdog

April 26, 2007 (LBO) – Securities and Exchange Commission of Sri Lanka (SEC) is considering introducing computerized surveillance systems to monitor …

Fraud Warning

April 24, 2007 (LBO) – The Central Bank of Sri Lanka is warning the public against payment card fraud following the discovery of a massive fraud in the …

Tougher Rules

April 24, 2007 (LBO) – Tough new corporate governance rules were being made mandatory to make the markets more attractive to foreign and local investors, …

Plastic Probe

LONDON, April 21, 2007 (AFP) - British police are investigating a global credit card scam, allegedly linked to Sri Lanka's Tamil Tiger rebels, which has conned …

Minority Protection

April 16, 2007 (LBO) – Sri Lanka’s long-delayed new Companies Act offers greater protection for minority shareholders and could encourage more …

Dope Deals

April 10, 2007 (LBO) – Heightened security in the country has allowed authorities to nab more drug dealers and abusers last year with arrests climbing 69 …

Herd Instinct

April 06, 2007 (LBO) – Sri Lanka’s accounting watchdog has gained membership of a global accounting regulatory forum, the regulator said in a …

Colombo Round

April 03, 2007 (LBO) – Sri Lanka needs to master trade law to take the best advantage of international trade, Chief Justice Sarath Silva said Tuesday at …

Safe Flow

March 21 (LBO) – An investment protection agreement between Sri Lanka and Australia has come into effect from March this year with Australia, which can …

Gender Wars

March 21 (LBO) - In Sri Lanka, women already outnumber men at 52 women for every 48 men and activists are warning that the proportion would increase if the war …

LBR-LBO WiE Forum

March 16 (LBO) – Allowing employers and female workers to negotiate a work-family balance is far more effective in practice than laws, Sri Lankan women …

Ocean Lines

Mar 15, 2007 (LBO) –Sri Lanka is to soon begin a survey to re-draw its continental shelf boundary with the help of a British survey company, a top …

Petro Law

March 14 (LBO) - Sri Lanka is to develop an oil exploration laws and establish a regulatory system with funding from the United States, the US embassy in …

Under Fire

March 7, 2007 (AFP) - Nine media workers have been killed in Sri Lanka over the past 15 months, rights groups said Wednesday, voicing concerns over …

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 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, …