Category: BUSINESS

EDB Chairman steps down

EDB Chairman steps down

Dec 3, 2020

(FASTNEWS | COLOMBO) -   Export Development Board (EDB)Chairman Prabhash Subasinghe has stepped down as the chairman after heading the country's ... Read More

China – Lanka cooperation to be enhanced

China – Lanka cooperation to be enhanced

Nov 26, 2020

(FASTNEWS | COLOMBO) - Sri Lanka and China will expedite ongoing development cooperation projects, and increase trade and investment, with ... Read More

“Sri Lanka needs investments, not loans” – President tells new Chinese Envoy

“Sri Lanka needs investments, not loans” – President tells new Chinese Envoy

Nov 20, 2020

(FASTNEWS | COLOMBO) - The newly appointed Ambassador of the People’s Republic of China to Sri Lanka Qi Zhenhong presented ... Read More

2021 Budget [LIVE UPDATES]

2021 Budget [LIVE UPDATES]

Nov 17, 2020

(FASTNEWS | COLOMBO) - Prime Minister and Minister of Finance Mahinda Rajapaksa commenced to present the Second Reading of the ... Read More

SriLankan to retire 560 employees in 3-years

SriLankan to retire 560 employees in 3-years

Nov 17, 2020

(FASTNEWS | COLOMBO) - SriLankan Airlines is to retire approximately 560 employees at an estimated cost of Rs. 1.46 billion ... Read More

Cabinet approves 2021 Budget proposal

Cabinet approves 2021 Budget proposal

Nov 17, 2020

(FASTNEWS | COLOMBO) - The Cabinet of Ministers has granted approval to the 2021 Budget proposal. (more…) Read More

2021 Budget tomorrow

2021 Budget tomorrow

Nov 16, 2020

(FASTNEWS | COLOMBO) - The Government led by President Gotabaya Rajapaksa is to present its maiden Budget to Parliament tomorrow ... Read More

Govt. warns bus owners against charging higher fares

Govt. warns bus owners against charging higher fares

Nov 16, 2020

(FASTNEWS | COLOMBO) - The Government emphasised that legal action will be taken against bus owners who charge more than ... Read More

Government allows several institutions to functions in isolated areas in Colombo

Government allows several institutions to functions in isolated areas in Colombo

Nov 15, 2020

(FASTNEWS | COLOMBO) - Government has allowed essential public institutions, courts and some other institutions located in isolated areas in ... Read More

CBSL extends debt moratorium for COVID-19 effected business, individuals

CBSL extends debt moratorium for COVID-19 effected business, individuals

Nov 10, 2020

(FASTNEWS | COLOMBO) - The Central Bank of Sri Lanka (CBSL) has issued a circular extending the debt moratorium for ... Read More

Free Ayurveda immune boosting medicine for public

Free Ayurveda immune boosting medicine for public

Nov 9, 2020

(FASTNEWS | COLOMBO) - The Western Province Department of Ayurveda provides the public with free medicine that boost immunity during ... Read More

Grace period to pay water bills for those under quarantine

Grace period to pay water bills for those under quarantine

Nov 9, 2020

(FASTNEWS | COLOMBO) - Consumers under quarantine or curfew or living in isolated areas have been given a grace period ... Read More

Central Bank extends grace period for working capital loan scheme

Central Bank extends grace period for working capital loan scheme

Nov 7, 2020

(FASTNEWS | COLOMBO) - Having identified the national importance of revamping the businesses affected by COVID-19 pandemic, the Central Bank ... Read More

Maximum retail price for rice gazetted

Maximum retail price for rice gazetted

Nov 4, 2020

(FASTNEWS | COLOMBO) - The government has decided to set maximum retail prices for several varieties of rice, the Consumer ... Read More

Gampaha District to get Rs. 5,000 allowance by Nov. 10

Gampaha District to get Rs. 5,000 allowance by Nov. 10

Nov 2, 2020

(FASTNEWS | COLOMBO) - The second phase of the distribution of Rs.5000 allowance for the Gampaha district will commence tomorrow ... Read More