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Category: BUSINESS

Canadian Master Class in Baking at the Prima Baking Training Center.
BUSINESSLOCAL
byFastnewsNov 5, 2015Nov 5, 2015

Canadian Master Class in Baking at the Prima Baking Training Center.

Canadian Master Class in Baking at the Prima Baking Training Center The High Commission of Canada in Sri Lanka in…

Vehicle import levies to be applied after Budget: Ravi Karunanayake
BUSINESS
byFastnewsOct 6, 2015

Vehicle import levies to be applied after Budget: Ravi Karunanayake

The import duty rates on vehicles, to be imposed in this year’s Budget, would be applied to all the vehicles…

Central Bank effects more transfers
BUSINESS
byFastnewsOct 2, 2015

Central Bank effects more transfers

On top of the transfers of some senior officers that caught media headlines early this week, the Central Bank (CB)…

Foreign Minister To Officially Request GSP+ From EU: PM
BUSINESSLOCAL
byFastnewsOct 1, 2015

Foreign Minister To Officially Request GSP+ From EU: PM

Prime Minister Ranil Wickremesinghe today stated that Foreign Minister Mangala Samaraweera will officially write to the European Union today or…

People’s Bank adjudged as Sri Lanka’s best banking group and the most sustainable bank
BUSINESS
byFastnewsSep 30, 2015

People’s Bank adjudged as Sri Lanka’s best banking group and the most sustainable bank

People’s Bank has been adjudged Sri Lanka’s ‘Best Banking Group’ and ‘Most Sustainable Bank’ for 2015 by the World Finance…

Ravi K. to Make Special Statement On Fiscal Situation
BUSINESSLOCAL
byFastnewsSep 29, 2015

Ravi K. to Make Special Statement On Fiscal Situation

Finance Minister Ravi Karunanayake said that he will make a special statement on the fiscal situation of the country within…

India Cuts Interest Rates By More Than Expected
BUSINESS
byFastnewsSep 29, 2015

India Cuts Interest Rates By More Than Expected

India’s central bank has cut interest rates by a more-than-expected 50 basis points – marking its fourth cut this year.…

Sri Lanka-Turkey trade beats $300M barrier – Minister Rishad
BUSINESSLOCAL
byFastnewsSep 28, 2015

Sri Lanka-Turkey trade beats $300M barrier – Minister Rishad

‘Strong bilateral growth trend’-Rishad Turkey Ceylon Business Chamber born in Colombo ‘Linking 55000 Turkish biz’–TUSKON’s Ozkelebek 2014 YoY trade at…

Budget for 2016 to be tabled in parliament: Minister Ravi K.
BUSINESSLOCAL
byFastnewsSep 28, 2015

Budget for 2016 to be tabled in parliament: Minister Ravi K.

Finance Minister Ravi Karunanayake said the Budget proposal for the year 2016 will be tabled in Parliament on November 20.

Sri Lanka is fast emerging as the most sought after producer of garments and apparels
BUSINESS
byFastnewsSep 15, 2015

Sri Lanka is fast emerging as the most sought after producer of garments and apparels

  Global garment and apparel industry sources state that the industry is now focusing its energies on South Asia as…

Seminar on Sri Lanka – Switzerland trade potentials
BUSINESS
byFastnewsSep 15, 2015

Seminar on Sri Lanka – Switzerland trade potentials

The National Chamber of Commerce of Sri Lanka has organized a seminar on the bilateral trade between Sri Lanka and…

Bilateral trade between SL and India has surged steeply – Minister Rishad
BUSINESSLOCAL
byFastnewsSep 15, 2015

Bilateral trade between SL and India has surged steeply – Minister Rishad

Minister of Industry and Commerce Mr. Rishad Bathiudeen said that bilateral trade between Sri Lanka and India has surged 27…

Central Bank sets maximum loan-to-value ratio on vehicles at 70%
BUSINESS
byFastnewsSep 15, 2015

Central Bank sets maximum loan-to-value ratio on vehicles at 70%

In a bid to clamp down on the vehicle imports weighing on the country’s Balance of Payment (BOP) the Central…

Sri Lanka earns more from fruit and veggie exports
BUSINESS
byFastnewsSep 14, 2015

Sri Lanka earns more from fruit and veggie exports

  A study conducted by the Ceylon Chamber of Commerce reveals that Sri Lanka’s earnings from exports of fruits and…

China economy: New signs of economic slowdown
BUSINESS
byFastnewsSep 14, 2015

China economy: New signs of economic slowdown

  Growth in China’s investment and factory output in August has come in below forecasts, in a further indication that…

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