Category: BUSINESS

Aitken Spence successfully conducts its first virtual AGM

Aitken Spence successfully conducts its first virtual AGM

Jul 8, 2020

(FASTNEWS | COLOMBO) - Aitken Spence PLC achieved yet another milestone in its 150+ year legacy by conducting the company’s ... Read More

CBSL commences the process of developing a Blockchain Technology based Know-Your-Customer Proof of Concept

CBSL commences the process of developing a Blockchain Technology based Know-Your-Customer Proof of Concept

Jul 8, 2020

(FASTNEWS | COLOMBO) - The Central Bank of Sri Lanka (CBSL) entered into agreements to begin the process of developing ... Read More

HIP ship repair team embarkations under strict Government regulations

HIP ship repair team embarkations under strict Government regulations

Jul 8, 2020

(FASTNEWS | COLOMBO) - The Hambantota International Port (HIP) follows all guidelines laid down by the government with regard to ... Read More

Returnees can shop at duty free from today

Returnees can shop at duty free from today

Jul 6, 2020

(FASTNEWS | COLOMBO) - Air passengers who arrived in the country during the past few months and were directed to ... Read More

Report on financial firms to CBSL Governor on Jul 7

Report on financial firms to CBSL Governor on Jul 7

Jul 6, 2020

(FASTNEWS | COLOMBO) - The final report compiled by the committee appointed to investigate and report on discrepancies at financial ... Read More

Zuckerberg Loses $7 Billion as Firms Boycott Facebook Ads

Zuckerberg Loses $7 Billion as Firms Boycott Facebook Ads

Jun 29, 2020

(FASTNEWS | COLOMBO) - Bloomberg - Mark Zuckerberg just became $7.2 billion poorer after a flurry of companies pulled advertising ... Read More

Uber launches ‘Uber Rentals’ for multi-hour, multi-stop needs in Sri Lanka

Uber launches ‘Uber Rentals’ for multi-hour, multi-stop needs in Sri Lanka

Jun 29, 2020

(FASTNEWS | COLOMBO) - Uber has launched its latest product offering - ‘Uber Rentals,’ a 24x7 on-demand service which allows ... Read More

Dumith Fernando appointed Chairman of CSE

Dumith Fernando appointed Chairman of CSE

Jun 29, 2020

(FASTNEWS | COLOMBO) - The Colombo Stock Exchange (CSE) announced the appointment of Dumith Fernando as the Chairman of the ... Read More

SriLankan Airlines supports export industries by converting passenger aircraft to full freighter

SriLankan Airlines supports export industries by converting passenger aircraft to full freighter

Jun 25, 2020

(FASTNEWS | COLOMBO) - In its quest to continuously support Sri Lanka’s export industries and to keep the country connected ... Read More

Rs.26 surcharge on a litre of petrol & diesel removed

Rs.26 surcharge on a litre of petrol & diesel removed

Jun 25, 2020

(FASTNEWS | COLOMBO) - The surcharge of Rs.26 that was imposed on a litre of petrol and diesel has been ... Read More

IMF says decline in global growth worse than forecast

IMF says decline in global growth worse than forecast

Jun 25, 2020

(FASTNEWS | COLOMBO) -  The International Monetary Fund has lowered its global growth forecast for this year and next in ... Read More

Nations Trust Bank PLC launches Rs. 7 Billion “Nations Diriya” fund to support economic revival

Nations Trust Bank PLC launches Rs. 7 Billion “Nations Diriya” fund to support economic revival

Jun 25, 2020

(FASTNEWS | COLOMBO) - Led by their vision of “helping people and businesses by providing financial services and information to ... Read More

Constitutional Council approves Ranee Jayamaha and Samantha Kumarasinghe to CBSL Monetary Board

Constitutional Council approves Ranee Jayamaha and Samantha Kumarasinghe to CBSL Monetary Board

Jun 25, 2020

(FASTNEWS | COLOMBO) - The Constitutional Council has approved the appointment of Dr. Ranee Jayamaha and Samantha Kumarasinghe to the ... Read More

ComBank further slashes lending rates

ComBank further slashes lending rates

Jun 25, 2020

(FASTNEWS | COLOMBO) - The Commercial Bank of Ceylon has announced a further lending rate cut, slashing rates by up ... Read More

Jude Fernando to resign from Janashakthi Insurance

Jude Fernando to resign from Janashakthi Insurance

Jun 25, 2020

(FASTNEWS | COLOMBO) - Janashakthi Insurance Plc Director and CEO Jude Fernando has notified the company of his intention to ... Read More