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Govt. passes new laws restricting sale of land to foreigners

 Two separate regulations for freehold and leasehold transactions By Ashwin Hemmathagama Our Lobby Correspondent New laws were passed yesterday in Parliament making necessary provisions to stipulate restrictions on the sale of land to foreigners. The new regulations cover foreign companies and certain institutions with majority foreign shareholdings subjected to certain exemptions. According to the Government, [...]

Monetary policy on even keel

Monetary

 CB insists price cuts and possible Budget handouts will not impact monetary policy  Insists easing of policy beneficial to credit growth, wants medium term rate at 6%  Inflation to remain low, industry andservices credit growth at 12%-13% By Uditha Jayasinghe Just days ahead of Budget 2015 the Central Bank yesterday downplayed its effect on monetary [...]

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Josephian cricket stars felicitated

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  The Rev. Fr. Rector, Sports Council and Cricket Advisory Committee of St. Joseph’s College felicitated Josephian cricket stars who are currently representing Sri Lanka’s National Team in a glamorous event that was held at Waters Edge on 15... 

Gamini Fonseka and Lester James Peries Cinematic relationship of an actor and director

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Ten years ago on 30 September the brightest light of Sri Lankan cinema went out. Gamini Fonseka, the monarch of Sinhala moviedom, passed away peacefully on that day. Gamini Fonseka was my favourite actor on the Sinhala silver screen and became an important part of my childhood. This week’s ‘Spotlight’ focuses on him on the occasion of his 10th... 


Phancy that, it’s a masquerade!

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When the Work Shop Players (or WSP) put on a production, it’s never ever really simply a play. There is always high drama. And not all of it is staged.... 

Things that Sting

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October is Stamp Collecting Month in Australia. The stamp collectors are encouraged to continue their favourite hobby while newcomers are encouraged to... 

Bangladesh to be Stigmatized!

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Sri Lanka’s favourite sons of anarchy, progressive metal quintet Stigmata are once again making global waves as tidings have reached every shore that... 

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