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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