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DateLine Sunday, 17 August 2008

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Price control disrupts rice market

The price control of rice has disrupted the market and as a result the quality of the rice sold at the maximum controlled price has deteriorated while consumers have to pay a higher price.

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Insurance companies ‘must’ provide info about suspicious transactions

In keeping with CB directive:

The Central Bank of Sri Lanka has made it mandatory for all insurance companies in Sri Lanka to provide information about suspicious transactions and submit monthly reports of transactions above the threshold in compliance with the Financial Transactions Reporting Act which covers Insurance companies as well.

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