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Category: BUSINESS

Government to continue mega reservoir project
BUSINESSLOCAL
byFastnewsAug 6, 2015

Government to continue mega reservoir project

  President Maithripala Sirisena has assured that he will continue a multi-million-dollar mega dam project in the central part of…

“SL Should Benchmark Itself with East Asia or Five Top States in India” – Dr. Razeen
BUSINESSLOCAL
byFastnewsAug 4, 2015

“SL Should Benchmark Itself with East Asia or Five Top States in India” – Dr. Razeen

  SallyAssociate Professor at Lee Kuan Yew School of Public Policy, National University of Singapore, Dr. Razeen Sally, stated that…

SC approves government’s Golden Key payment plan
BUSINESSLOCAL
byFastnewsAug 4, 2015

SC approves government’s Golden Key payment plan

  Supreme Court (SC) today approved the government’s repayment plan to pay the 41 percent of deposits to the depositors…

Sri Lanka Consumer Price Index for July shows a deflation of 0.2%
BUSINESS
byFastnewsAug 3, 2015

Sri Lanka Consumer Price Index for July shows a deflation of 0.2%

  The Department of Census and Statistics reported that the Consumer Price Index in Sri Lanka increased to 182.80 Index…

Tea export revenue declines in first half
BUSINESS
byFastnewsAug 3, 2015

Tea export revenue declines in first half

  Total revenue from tea exports in the first half of 2015 declined by a substantial 13.3 billion rupees to…

Minister Rishad takes action to build 6 apparel factories in Welioya and Musali
BUSINESSLOCAL
byFastnewsAug 3, 2015Aug 3, 2015

Minister Rishad takes action to build 6 apparel factories in Welioya and Musali

  Under an initiative taken by the Minister of Industries and Commerce Mr. Rishad Bathiudeen, the government is to build…

SL businesses urged to practice good governance: IFAC President
BUSINESSLOCAL
byFastnewsJul 29, 2015

SL businesses urged to practice good governance: IFAC President

  Olivia Kirtley, president of the International Federation of Accountants said that Sri Lanka’s business organization should practice good governance…

Women in Management and Coca-Cola Celebrate Remarkable Women
BUSINESS
byFastnewsJul 29, 2015Jul 29, 2015

Women in Management and Coca-Cola Celebrate Remarkable Women

  Remarkable women across Sri Lanka, who have made a positive difference in their communities were felicitated at the fourth…

SL to get ‘Google loon’ support for Wi-fi
BUSINESSLOCAL
byFastnewsJul 29, 2015

SL to get ‘Google loon’ support for Wi-fi

  WIFI connections will be freely available throughout the country by March 2016 with the aid of Google loon, a…

Sri Lanka private sector credit growth expands, Policy rates to be maintained: Central Bank
BUSINESS
byFastnewsJul 28, 2015

Sri Lanka private sector credit growth expands, Policy rates to be maintained: Central Bank

  Sri Lanka Central Bank says credit to the private sector by commercial banks grew by 17.6 per cent, year-on-year,…

Malik Samarawickrama Likely To Be Next Finance Minister?
BUSINESSLOCAL
byFastnewsJul 28, 2015

Malik Samarawickrama Likely To Be Next Finance Minister?

  It is already in the grapevine among the United National Party (UNP) circles that Malik Samarawickrama is likely to…

New Pharmaceutical Act: No more blockages for substandard cosmetics
BUSINESSLOCAL
byFastnewsJul 22, 2015

New Pharmaceutical Act: No more blockages for substandard cosmetics

  The inspection of cosmetics and perfumes imported to the country has been hindered as the Cosmetics, Devices and Drugs…

Fostering innovation through ‘The Ray’ award
BUSINESS
byFastnewsJul 20, 2015

Fostering innovation through ‘The Ray’ award

RWCT Chairman Prof. Malik Ranasinghe – Pic by Shehan Gunasekara By Malik Gunatilleke Birthed from the legacy of one of…

Excise revenue had increased – Ravi Karunanayake
BUSINESSLOCAL
byFastnewsJul 17, 2015

Excise revenue had increased – Ravi Karunanayake

  The Excise Department had collected a monthly revenue of Rs. 9,900 million as fines in April this year while…

No more publicity for controversial CB bond issue
BUSINESSLOCAL
byFastnewsJul 16, 2015

No more publicity for controversial CB bond issue

  Colombo District Court has issued an enjoining order preventing the publication or circulation of COPE (Committee on Public Enterprises)…

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