Category: BUSINESS
CBSL approves Rs.28 billion loans at 4% for businesses
(FASTNEWS | COLOMBO) - Having identified the urgent need of reviving the businesses adversely affected by the COVID-19 outbreak and ... Read More
Inflation declines to 5.2% in May
(FASTNEWS | COLOMBO) - Headline inflation as measured by the year-on-year (Y-o-Y) change in the National Consumer Price Index (NCPI, ... Read More
President makes case for limiting imports
(FASTNEWS | COLOMBO) - President Gotabaya Rajapaksa says the opportunity to commence production in many sectors by limiting of imports ... Read More
All Share Price Index crosses 5000 points
(FASTNEWS | COLOMBO) - The All Share Price Index (ASPI) crossed the 5000 points mark today. (more…) Read More
Mangala defends Central Bank Officials
(FASTNEWS | COLOMBO) - Former Finance Minister Mangala Samaraweera in an open letter Prime Minister Mahinda Rajapaksa yesterday (21) said ... Read More
Tourists allowed under health regulations from Aug. 01
(FASTNEWS | COVID-19) - There will be stringent health related checks and balances which will be imposed when the Bandaranaike ... Read More
Cabinet approves billion-dollar project for Port City
(FASTNEWS | COLOMBO) - A trilateral agreement was signed in August 2016 between the Sri Lankan Government, Urban Development Authority ... Read More
Final decision on estate workers’ daily wage by June 25
(FASTNEWS | COLOMBO) - A final decision on a request to increase the basic salary of estate workers to Rs. ... Read More
“Do not shirk responsibility of rebuilding the economy” – President tells Central Bank Chiefs
(FASTNEWS | COVID-19) - “We cannot let the health crisis develop into an economic crisis. What we are facing is ... Read More
President says State Banks must play their bounden role in economic revival
(FASTNEWS | COLOMBO) - The State Banks should make their bounden contribution to rebuild the economy which is in a ... Read More
ADB approves $ 3 m grant to assist Sri Lanka’s response to COVID-19
(FASTNEWS | COLOMBO) - The Asian Development Bank (ADB) said on Wednesday (10) that it has approved a $ 3 million ... Read More
Piramal Glass FY20 net profit up 12.4% to Rs. 389mn
(FASTNEWS | COLOMBO) - Piramal Glass Ceylon PLC (PGC) closed the year FY20 with a total turnover of Rs. 7,531 ... Read More
Amana Bank Fitch Rating moves upward to BB+ (lka)
(FASTNEWS | COLOMBO) - Based on the latest rating review carried out in June 2020, Fitch Ratings Sri Lanka has ... Read More
UK economy shrinks record 20.4% in April due to lockdown
(FASTNEWS | COLOMBO) - The UK's economy shrank by 20.4% in April - the largest monthly contraction on record - ... Read More
Fitch Takes Rating Action on Two Support-Driven Sri Lankan NBFIs; Affirms One
(FASTNEWS | COLOMBO) - Fitch Ratings has revised Serendib Finance Limited's National Long-Term Rating to 'AA-(lka)', from 'A+(lka)', with a ... Read More