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Sunday, 28 November 2010

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IRD called upon to be efficient, client-friendly:

Budget aims at productive economy - Dr. P.B. Jayasundera

The Budget is aiming at a very efficient productive economy, said Treasury Secretary Dr. P.B. Jayasundera addressing the Budget seminar organised by the Department of Inland Revenue (IRD) on the eve of the Budget.

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Exchange control relaxations-:

More scope for business

The Sri Lankan economy has strength and scope to do business with less regulations in exchange control, said Central Bank Governor Ajith Nivard Cabraal. He was addressing the media in Colombo to announce the implementation of exchange control relaxations proposed by the budget.

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CSE to trade ETFs in Q1 2011

Exchange Traded Funds (ETFs) will be traded in the Colombo Stock Exchange (CSE) from the first quarter of 2011. The Securities and Exchange Commission of Sri Lanka (SEC) is finalising the regulatory framework that will enable (ETFs) to be traded on the CSE, said the Director General SEC Malik Cader.

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