Category: BUSINESS

Pelwatte strives to cater local consumer demand for dairy products  despite Covid-19 challenges

Pelwatte strives to cater local consumer demand for dairy products despite Covid-19 challenges

May 26, 2020

(FASTNEWS | COLOMBO) - Despite the challenges of the Covid-19 in terms of the consumer demand management, the local dairy ... Read More

Oil prices climb; demand picks up as COVID-19 lockdowns ease

Oil prices climb; demand picks up as COVID-19 lockdowns ease

May 26, 2020

(FASTNEWS | COLOMBO) - Oil prices climbed on Tuesday, boosted by increasing faith in the market that producers will stick ... Read More

CSE extends trading hours from today

CSE extends trading hours from today

May 26, 2020

(FASTNEWS | COLOMBO) -  The Colombo Stock Exchange has extended trading from 11am to 2.30pm from today. CSE issuing a ... Read More

vivo hopes for an upward market trend post Covid-19 recovery  in Sri Lanka

vivo hopes for an upward market trend post Covid-19 recovery in Sri Lanka

May 25, 2020

(FASTNEWS | COLOMBO) - vivo, the innovative global smartphone brand is gearing up to look beyond the impact of COVID-19 ... Read More

CSE extends trading hours from tomorrow

CSE extends trading hours from tomorrow

May 25, 2020

(FASTNEWS | COLOMBO) - The Colombo Stock Exchange has extended trading from 11am to 2.30pm from tomorrow. CSE issuing a ... Read More

New insurance scheme for tour guides

New insurance scheme for tour guides

May 24, 2020

(FASTNEWS | COLOMBO) - The government is gearing to introduce an insurance programme for tour guides. Minister of Investment Promotion, ... Read More

Prices of bakery products likely to increase

Prices of bakery products likely to increase

May 24, 2020

(FASTNEWS | COLOMBO) - The All Island Bakery Owners Association says they are severely burdened as a result of the ... Read More

Rice distributed to Kalutara & Gampaha

Rice distributed to Kalutara & Gampaha

May 24, 2020

(FASTNEWS | COLOMBO) - The Ministry of Internal Trade, Food Security and Consumer Welfare says the program to supply rice ... Read More

SJB condemns move to hike import tax on goods

SJB condemns move to hike import tax on goods

May 23, 2020

(FASTNEWS | COLOMBO) - The Samagi Jana Balawegaya has condemned the government’s decision to increase special commodity taxes on a ... Read More

Lanka IOC reduces Petrol 92 price by Rs.5

Lanka IOC reduces Petrol 92 price by Rs.5

May 23, 2020

(FASTNEWS | COLOMBO) - The Lanka IOC has decided to restore the Prices of Petrol 92 at par with CPC ... Read More

Special commodity levy revised for several imported goods

Special commodity levy revised for several imported goods

May 22, 2020

(FASTNEWS | COLOMBO) - Special Commodity Levy for several imported goods including sugar, chilli, potatoes and dhal has been revised ... Read More

Sri Lanka’s economic growth bound to go down to -3.5% – Ranil warns

Sri Lanka’s economic growth bound to go down to -3.5% – Ranil warns

May 18, 2020

(FASTNEWS | COLOMBO) - Warning that Sri Lanka’s economic growth is bound to go down to -3.5 percent, former Prime ... Read More

LIOC increases petrol (92 Octane) from midnight

LIOC increases petrol (92 Octane) from midnight

May 18, 2020

(FASTNEWS | COLOMBO) - The Lanka-IOC (LIOC) has increased the 92 Octane petrol price with effect from midnight today. Accordingly, ... Read More

US targets Huawei with tighter chip export rules

US targets Huawei with tighter chip export rules

May 15, 2020

(FASTNEWS | COLOMBO) - The US has announced new export controls aimed at limiting Chinese technology giant Huawei's access to ... Read More

Colombo Bourse ends on positive note

Colombo Bourse ends on positive note

May 15, 2020

(FASTNEWS | COLOMBO) -  The Colombo Stock Exchange (CSE) ended on a positive note today (15) as the All Share Price Index (ASPI) ... Read More