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Category: BUSINESS

PUCSL to fine-tune externality cost of thermal power generation
BUSINESS
byFastnewsJun 13, 2020

PUCSL to fine-tune externality cost of thermal power generation

(FASTNEWS | COLOMBO) –  The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, is all set to…

ETI Investigation Committee meets President
BUSINESSLOCALTOP STORY 1
byNews EditorJun 12, 2020

ETI Investigation Committee meets President

(FASTNEWS | COLOMBO) – The inquiring committee appointed to investigate alleged irregularities in the ETI Investments met President Gotabaya Rajapaksa…

SLTD issues tourism operational guidelines
BUSINESSLOCAL
byFastnewsJun 8, 2020

SLTD issues tourism operational guidelines

(FASTNEWS | COLOMBO) – Sri Lanka Tourism Development Authority (SLTD) has issued tourism operational guidelines as a move to resume…

Ceylon Graphite completes first graphite sale from its K1 mine in Sri Lanka
BUSINESS
byFastnewsJun 6, 2020

Ceylon Graphite completes first graphite sale from its K1 mine in Sri Lanka

(FASTNEWS | COLOMBO) – Ceylon Graphite Corp. (“Ceylon Graphite”) recently announced the first sale of graphite from its K1 mine in Sri…

Emirates, Etihad to resume transit flights, Qatar Airways adds more
BUSINESS
byFastnewsJun 6, 2020

Emirates, Etihad to resume transit flights, Qatar Airways adds more

(FASTNEWS | COLOMBO) – DUBAI (Reuters):  Emirates and Etihad Airways will resume some transit flights after the United Arab Emirates…

Sri Lanka Tourism ready to welcome tourists from 1st Aug 2020
BUSINESS
byFastnewsJun 6, 2020

Sri Lanka Tourism ready to welcome tourists from 1st Aug 2020

(FASTNEWS | COLOMBO) – Sri Lanka is readying to welcome travelers from across the world with safety guidelines and precautionary…

Tour guides exempt from VAT for inbound tours
BUSINESS
byFastnewsJun 2, 2020

Tour guides exempt from VAT for inbound tours

(FASTNEWS | COLOMBO) – Tour guides registered with the Sri Lanka Tourism Development Authority will be exempt from VAT for…

Registered tour guides to receive concessions
BUSINESS
byFastnewsMay 31, 2020

Registered tour guides to receive concessions

(FASTNEWS | COLOMBO) – The Ministry of Tourism and Aviation says measures will be taken to provide a concessionary package…

Liquor, meat stores closed on June 05, 06
BUSINESSLOCALTOP STORY 2
byNews EditorMay 30, 2020May 30, 2020

Liquor, meat stores closed on June 05, 06

(FASTNEWS | COLOMBO) – All liquor stores, abattoirs, meat shops, casinos, sporting centres, and night clubs ordered to be remain…

Fitch recalibrates Sri Lanka National Rating Scale
BUSINESSLOCAL
byFastnewsMay 28, 2020

Fitch recalibrates Sri Lanka National Rating Scale

(FASTNEWS | COLOMBO) – Fitch Ratings says that it has recalibrated its Sri Lanka National Rating scale to reflect changes…

‘Price increase of rice a triumph for consumers’
BUSINESSLOCAL
byFastnewsMay 28, 2020

‘Price increase of rice a triumph for consumers’

(FASTNEWS | COLOMBO) – Minister Bandula Gunawardana says the price increase of two types of rice, is a triumph for…

CCC together with Citibank and Facebook Hosts Webinar on Sri Lanka Tourism and Way Forward
BUSINESS
byFastnewsMay 28, 2020

CCC together with Citibank and Facebook Hosts Webinar on Sri Lanka Tourism and Way Forward

(FASTNEWS | COLOMBO) – The global pandemic of COVID-19 has pushed socio-economic structures into a standstill and has challenged globalization…

CA Sri Lanka signs MoU with People’s Bank for special COVID-19 loan scheme for members
BUSINESS
byFastnewsMay 28, 2020

CA Sri Lanka signs MoU with People’s Bank for special COVID-19 loan scheme for members

(FASTNEWS | COLOMBO) – The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) entered into a Memorandum of…

Govt. medical equipment for COVID-19 exempt of taxes
BUSINESSLOCAL
byFastnewsMay 28, 2020

Govt. medical equipment for COVID-19 exempt of taxes

(FASTNEWS | COLOMBO) – Minister Prasanna Ranatunga says medical and health equipment provided to the government, to help combat the…

CPC incurs Rs.45 billion loss due to COVID-19 pandemic
BUSINESSLOCAL
byFastnewsMay 27, 2020

CPC incurs Rs.45 billion loss due to COVID-19 pandemic

(FASTNEWS | COLOMBO) – Minister Mahinda Amaraweera says the Ceylon Petroleum Corporation that incurred a loss of Rs.10.9 billion in…

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