Tea (Pvt) Ltd
Moves to set up an Export Marketing Council for the tea industry is underway that will take over Tea Board promotions and include officials from the Export …
Other
Fair Deals
A separate Monopolies and Mergers Commission is being spun off from the new Consumer Protection Act, Fair Trading Commission (FTC) officials said.Modelled on …
Falling Numbers
Sri Lankas tea crop slipped to 20.7 mn kilos in August, its lowest since 1999 when a figure of 19.buy zovirax online buy zovirax online no prescription 4 mn …
Computers In Business
A new law that will formally recognize transactions and contracts made through computers is now being drafted officials say.Sri Lankan law does not recognize …
Overhaul of key financial legislations
The Central Bank is seeking consultancy expertise to help overhaul key financial legislations early next year.The US$ 30 mn World Bank grant project will cover …
Legal Clean Up
The Central Bank is seeking legal expertise to help overhaul key financial legislations early next year.The project will cover the Monetary Law Act, Banking …
Bankruptcy Law Coming
US style bankruptcy protection laws are on the pipeline covering sole traders and partnerships in addition to limited liability companies.The Private sector …
Tinkering With Monetary Laws
The amended Monetary Law will refocus the Central Bank to key objectives of economic, price and the financial system stability.The Central Bank presently …
Fresh Look
The Act will be brought in line Basle requirements and international best practices.rnrnThe Banking Law governs commercial and specialized banks.rnrnThe SEC …
Oxidising Tea
At the laboratories of the tea research centre, scientists are brewing a new cup of tea. online pharmacy buy abilify with best prices today in the USA buy …
Fast Track
Cabinet has rubber stamped a Labour Ministry proposal to clear a backlog of fifteen thousand labour tribunal cases on a fast track basis. The proposal to be …
Stretching Rubber
Out-grower schemes for rubber in non-traditional planting areas are being developed as one way to bridge an expected shortfall in top quality grades for the …
Freeing Labour
Cabinet has rubber stamped a Labour Ministrys proposal to clear a backlog of 15,000 labour tribunal cases on a lquote 4:2:1 solution.The proposal to be …
Recovery Mode
Sri Lankan tea production has swung into rapid recovery mode following a weak first quarter, to end at 181.8 mn kilos to date, up from 3.6 mn kilos the …
Checkmate
Clamping down on excessive government spending, cabinet on Wednesday passed the Fiscal Responsibility Act, the UNF governments solution for the growing …
Social Watch
The government is introducing a new law that will de-politicise welfare payments and improve targeting."People will no longer be able to claim benefits due to …
No more promises
A new law to prevent abuse of public funds while committing the government to its budget targets will come before the house soon.In addition to putting …
Blue-Collar Blues
With the Youth Corp bill getting the Parliament nod an estimated 40,000 young persons will go into job - oriented training this year.A further 150,000 will …
Limited Scope
The government plans to form an asset management company to takeover the debts of the two state banks.A top Central Bank official said the upcoming Bank Rescue …
Rainy Day Funds
This is one of two pieces of legislation that are coming before parliament in the next few weeks, laying the groundwork for an eventual re-haul of the …