The Sunday Times Sri Lanka

Financial Times

Invisible hand behind Tax Dept. changes

The Inland Revenue Department (IRD)’s administration could come to a standstill tomorrow if the appointed, new Commissioner-General K.T. Chitrasiri doesn’t assume office, a senior IRD official said.
Appeal Court Judge Chithrasiri who has been appointed as the new tax chief told The Sunday Times FT on Friday (May 1) that he is yet to receive his letter of appointment. His appointment has been approved by the Cabinet.

Stocks seen rising, companies expect boom when war ends

The Colombo stockmarket is seen as being positive on the back of declining interest rates and investor anticipation of a ‘quick’ finish to the Northern hostilities, according to analysts.

Other Financial Times Articles

>	Invisible hand behind Tax Dept. changes
>	Stocks seen rising, companies expect boom when war ends
>	At least 50,000 workers lose jobs since January
>	Finance companies- confidence yet to be restored
>	IMF team in Colombo to discuss $1.9 bln loan
>	GK depositors reveal hidden agenda of Ceylinco Consolidated
>	Braille bills
>	Tackling the recession - COMMENT
>	Motor Insurance – What you need to know - IBSL
>	Bakery entrepreneur's environmental initiative cuts costs in the business
>	Global crisis could be blessing to corporate sector
>	Keells Supermarkets offer purchases thro' Internet
>	Bidding deadline for South Container Terminal project extended
>	Coca-Cola launches Minute Maid Mango
>	Banks deny claims of restricted lending
>	AMW scholarships and long service awards
>	Hameedia's upgrades factories, launches new products
>	17th Annual NCE Export Awards for 2008
>	Kotelawala transferred to Prison Hospital
>	Ceylinco Finance PLC to be strategically repositioned
>	Controversy plagues Chillies again
>	Sri Lanka Tourism gears up for post-conflict
>	Companies given notice to re-register
>	Ceylinco Savings Bank name changed to MBSL Savings Bank
>	MBSL reviving failed F&G, interest payments being made
>	Business executives to the fore in relief work
>	War not affecting GSP+ prospects
>	More FR petitions by Ceylinco Depositors
>	Bribery Commission finalizing probe in LMS deal
>	Mandatory offer gain at Rs 185 million for Eagle
>	Tea pluckers earn only around Rs 3,500 per month
>	Synergy teams up with Hemas for ‘Insight Out’
>	Emirates SkyCargo supports relief effort in Sri Lanka
>	IMF streamlines conditions for programmes
>	Honda re-launches 'Wing Mark' in Colombo
>	Symposium on global recession, options for employers