New laws contemplated by the government appears to have caused much concern among Opposition political parties for obvious reasons. The constitutionality of the proposed Broadcasting Authority Bill is expected to be challenged in the Supreme Court. The whole process of law making raised quite a stir in the wake of the recent shocking Supreme Court […]

IMF has shown the way and now Sri Lanka has to dig itself out of the mess, says Governor by Sanath Nanayakkare Central Bank Governor Dr. Nandalal Weerasinghe recently said that Sri Lanka needs to build and keep a ‘comfortable level’ of currency reserves in order to maintain the country’s balance-of-payments situation in the event […]

By Dinali Goonewardene Prathilaba was telecast on Rupavahini on Sundays at 10 a.m. The TV documentary, a studio discussion on investing in the stock market was commissioned by the Securities and Exchange Commission and panellists from the stock market industry participated. These included stock brokers, research analysts, fund managers and officials from the Colombo Stock ...

The Revival of Underperforming Enterprises and Underutilized Assets Bill that is to be presented to parliament soon has in it economic and political objectives that spell doom for Sri Lankan democracy as well as the economy. It would vest in the Sri Lankan government Hotel Developers (Lanka) PLC

By Paneetha Ameresekere - Business Editor The local press recently quoted an External Affairs Ministry statement which said that Japan was willing to enter into a free trade agreement (FTA) with Sri Lanka. This was in response to a request made by Economic Development Minister Basil Rajapaksa and External Affairs Minister Professor G.L. Peiris to ...