In one of the largest enforcement operations ever undertaken, the UK Border Agency and police officers undertook a series of raids on twenty-one locations in Sussex, Surrey and Kent at the end of September.
Fishing ban lifted
Sri Lanka has lifted all restrictions for fishing imposed due to LTTE terrorism making the country's territorial waters free and open for fishing.
Labour Federation opposes amendment to EPF Act
The Ceylon Federation of Labour (CFL) has filed a strong objection against the proposed amendments to the Employees Provident Fund (EPF) Act.
Tourism stakeholders concerned over promotion curbs
Tourism stakeholders in Sri Lanka have expressed their concern over a recent policy change advocated by the tourism authorities to halt promotional campaigns for the next two years.
Laugfs IPO ‘may fund Shell takeover’
By Azhar Razak
Local petroleum gas distributor Laugfs Gas Holdings (LAUGFS) is hoping to utilise funds raised through its forthcoming Initial Public Offering (IPO) to partly fund a possible acquisition of a 49 percent stake in Shell Gas Lanka Ltd (SGLL), a top company official said.
What is there to burst bubble?
By Indika Sakalasooriya
The idea of a possible bubble forming in the Colombo bourse, the world’s second best performing market at the moment, has been cast aside by local market analysts
Distributors ask payout from Royal Dutch Shell
By Jithendra Antonio
In the wake of the governments’ sky high promises to offer LPG at lower prices to consumers after the buyback, The Bottom Line reliably learns that Royal Dutch Shell PLC has faced serious criticism from its distribution channel in Sri Lanka and talks are on to compensate its distributors
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