Over 60% of global bank rating outlooks are negative – Fitch
(FASTNEWS | COLOMBO) – Fitch Ratings’ new interactive country-by-country map of bank rating trends shows that the balance of Outlooks…
Category: BUSINESS
Govt. increased debt by Rs.1 trillion-Harsha
(FASTNEWS | COLOMBO) – The Samagi Jana Balawegaya has charged that country’s debt burden increased by nearly one Trillion Rupees…
Nearly 10,000 Sri Lankan migrant workers lost employment – SLBFE
(FASTNEWS | COLOMBO) – Nearly 10,000 Sri Lankans in the Middle East and other countries have lost their jobs, according…
Hayleys Plantations’ Field Officers presented with first-ever NVQ Skills Passport in Sri Lanka
(FASTNEWS | COLOMBO) – The Hayleys Plantations Sector set a new benchmark for human resource development after 100 Field…
Lanka IOC PLC posts Rs.795.45 million loss in June 2020 quarter
(FASTNEWS | COLOMBO) – Lanka IOC PLC has recorded a loss of Rs. 795.45 million in the June 2020 quarter…
Sri Lanka Treasury Bill yields fall across maturities
(FASTNEWS | COLOMBO) – Sri Lanka Treasury Bill yields fell to a record low at Wednesday’s (22) auction. Accordingly, the…
Vallibel Power enters into a Power Purchase Agreement with CEB
(FASTNEWS | COLOMBO) – Sri Lanka’s listed largest public-quoted mini hydropower company, Vallibel Power Erathna PLC, announced yesterday (22) that…
Tile and Sanitaryware Temporary Import Suspension and its adverse impact on Consumers and Country’s Revenue
(FASTNEWS | COLOMBO) – The Tile & Sanitaryware Importers Association (TSIA), Sri Lanka’s main body established to address the grievances…
Private hospitals association to discuss post-COVID recovery of healthcare sector
(FASTNEWS | COLOMBO) – The discussion will place special attention on the economic recovery of small & medium level hospitals.…
Fresh health guidelines to resuscitate COVID-19-hit tourism industry
(FASTNEWS | COLOMBO) – Sri Lanka is to publish health guidelines internationally soon for tourists as a move to resuscitate…
Statement from the Sri Lanka Chamber of the Pharmaceutical Industry (SLCPI)on NMRA’s announcement re cancellation notices
(FASTNEWS | COLOMBO) – We refer to the disturbing news item titled “NMRA issues cancellation notices to five pharmaceutical companies”…
Sri Lanka unemployment rate increases to 5.7% in 1Q 2020
(FASTNEWS | COLOMBO) – Sri Lanka’s unemployment rate has risen to 5.7% in the first quarter of 2020, data from…
Airline industry disruption due to Covid has far-reaching effects: Moody’s
(FASTNEWS | COLOMBO) – The global airline industry has been disproportionately affected by COVID-19 and is one of just a…
NMRA issues cancellation notices to five pharmaceutical companies
(FASTNEWS | COLOMBO) – The NMRA yesterday issued notices of cancellation of registrations and import licenses to five pharmaceutical companies…
Govt. to carry out feasibility studies for 10 high-tech universities
(FASTNEWS | COLOMBO) – The Asian Development Bank (ADB) has given its consent to fund feasibility studies to set up…