Category: BUSINESS

PUCSL to fine-tune externality cost of thermal power generation

PUCSL to fine-tune externality cost of thermal power generation

Jun 13, 2020

(FASTNEWS | COLOMBO) -  The Public Utilities Commission of Sri Lanka (PUCSL), the electricity sector regulator, is all set to ... Read More

ETI Investigation Committee meets President

ETI Investigation Committee meets President

Jun 12, 2020

(FASTNEWS | COLOMBO) - The inquiring committee appointed to investigate alleged irregularities in the ETI Investments met President Gotabaya Rajapaksa ... Read More

SLTD issues tourism operational guidelines

SLTD issues tourism operational guidelines

Jun 8, 2020

(FASTNEWS | COLOMBO) - Sri Lanka Tourism Development Authority (SLTD) has issued tourism operational guidelines as a move to resume ... Read More

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

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

Jun 6, 2020

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

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

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

Jun 6, 2020

(FASTNEWS | COLOMBO) - DUBAI (Reuters):  Emirates and Etihad Airways will resume some transit flights after the United Arab Emirates ... Read More

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

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

Jun 6, 2020

(FASTNEWS | COLOMBO) - Sri Lanka is readying to welcome travelers from across the world with safety guidelines and precautionary ... Read More

Tour guides exempt from VAT for inbound tours

Tour guides exempt from VAT for inbound tours

Jun 2, 2020

(FASTNEWS | COLOMBO) - Tour guides registered with the Sri Lanka Tourism Development Authority will be exempt from VAT for ... Read More

Registered tour guides to receive concessions

Registered tour guides to receive concessions

May 31, 2020

(FASTNEWS | COLOMBO) - The Ministry of Tourism and Aviation says measures will be taken to provide a concessionary package ... Read More

Liquor, meat stores closed on June 05, 06

Liquor, meat stores closed on June 05, 06

May 30, 2020

(FASTNEWS | COLOMBO) - All liquor stores, abattoirs, meat shops, casinos, sporting centres, and night clubs ordered to be remain ... Read More

Fitch recalibrates Sri Lanka National Rating Scale

Fitch recalibrates Sri Lanka National Rating Scale

May 28, 2020

(FASTNEWS | COLOMBO) - Fitch Ratings says that it has recalibrated its Sri Lanka National Rating scale to reflect changes ... Read More

‘Price increase of rice a triumph for consumers’

‘Price increase of rice a triumph for consumers’

May 28, 2020

(FASTNEWS | COLOMBO) - Minister Bandula Gunawardana says the price increase of two types of rice, is a triumph for ... Read More

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

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

May 28, 2020

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

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

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

May 28, 2020

(FASTNEWS | COLOMBO) - The Institute of Chartered Accountants of Sri Lanka (CA Sri Lanka) entered into a Memorandum of ... Read More

Govt. medical equipment for COVID-19 exempt of taxes

Govt. medical equipment for COVID-19 exempt of taxes

May 28, 2020

(FASTNEWS | COLOMBO) - Minister Prasanna Ranatunga says medical and health equipment provided to the government, to help combat the ... Read More

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

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

May 27, 2020

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