Category: Business

Trump plays down fears of US recession

Trump plays down fears of US recession

Aug 19, 2019

(FASTNEWS|COLOMBO) -Donald Trump has tried to reassure markets about the risk of the US falling into a recession by saying the economy is doing "tremendously ... Read More

ADB grants $ 160 Mn loan to modernize Sri Lanka Railway

ADB grants $ 160 Mn loan to modernize Sri Lanka Railway

Aug 16, 2019

(FASTNEWS|COLOMBO) -The Asian Development Bank (ADB) has approved a $160 million loan to modernize the operations and improve the efficiency of Sri Lanka Railways, the ... Read More

Recession fears prompt selling in global stock markets

Recession fears prompt selling in global stock markets

Aug 15, 2019

(FASTNEWS|COLOMBO) - Global stock markets fell around the world as concerns about the US-China trade war and the global economy prompted investors to dump shares. ... Read More

New regulations for online food ordering and delivery services

New regulations for online food ordering and delivery services

Aug 15, 2019

(FASTNEWS|COLOMBO) - New regulations have been introduced to address the food safety and hygiene issues on online food ordering and delivery services. (more…) Read More

Lanka IOC increases fuel prices

Lanka IOC increases fuel prices

Aug 14, 2019

(FASTNEWS|COLOMBO) - Lanka IOC, the IndianOil's subsidiary in Sri Lanka, has decided to increase fuel prices in line with fuel price revision, effective midnight yesterday ... Read More

Fuel prices increased

Fuel prices increased

Aug 13, 2019

(FAST NEWS|COLOMBO) – The Ministry of Finance has decided to increase the price of fuel under the monthly price formula with effect from midnight Tuesday ... Read More

Saudi Aramco’s H1 net income at $46.9B

Saudi Aramco’s H1 net income at $46.9B

Aug 13, 2019

(FASTNEWS|COLOMBO) - Saudi energy giant Aramco said on Monday its first half net income for 2019 slipped nearly 12 per cent to $46.9 billion, a ... Read More

Fuel Pricing Committee to convene today

Fuel Pricing Committee to convene today

Aug 13, 2019

(FASTNEWS|COLOMBO) - Fuel Pricing Committee is scheduled to convene at the Ministry of Finance this afternoon (13). (more…) Read More

“Time to revive SMEs affected by Easter Sunday attacks” – Minister Rishad

“Time to revive SMEs affected by Easter Sunday attacks” – Minister Rishad

Aug 13, 2019

(FASTNEWS|COLOMBO) - After more than a century of merchandising and deal-making, traders in Sri Lanka’s retail and wholesale ‘Pettah Market’ hub are vying for a ... Read More

Argentine peso and markets plunge after shock vote

Argentine peso and markets plunge after shock vote

Aug 13, 2019

(FASTNEWS|COLOMBO) -Argentine stock markets and its currency have both plunged after conservative Argentine President Mauricio Macri suffered a shock defeat in primary elections on Sunday. ... Read More

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