Category: BUSINESS

Singer records Rs. 55 Bn revenue for FY 2019/20 and 11% rise in PAT amidst challenging business environment

Singer records Rs. 55 Bn revenue for FY 2019/20 and 11% rise in PAT amidst challenging business environment

May 15, 2020

(FASTNEWS | COLOMBO) - The Singer Group reported Full Year (FY) 2019/20 consolidated revenue of Rs. 55 Bn with an ... Read More

SLT & Mobitel donate Rs. 50 Million to Covid-19 Fund

SLT & Mobitel donate Rs. 50 Million to Covid-19 Fund

May 15, 2020

(FASTNEWS | COLOMBO) - The Chairman, Board of Directors, representatives of the Management and Unions of Sri Lanka Telecom (SLT) ... Read More

Stock market rises for third consecutive day

Stock market rises for third consecutive day

May 15, 2020

(FASTNEWS | COLOMBO) - The Colombo Stock Exchange (CSE) closed for trading for the day on a positive note. S&P ... Read More

80% of alcohol users reduced consumption during COVID-19 outbreak – ADIC

80% of alcohol users reduced consumption during COVID-19 outbreak – ADIC

May 15, 2020

(FASTNEWS | COLOMBO) - The Alcohol and Drug Information Centre (ADIC) in Sri Lanka conducting a study on the changes ... Read More

Lanka IOC reduces Petrol 92 prices

Lanka IOC reduces Petrol 92 prices

May 14, 2020

(FASTNEWS | COLOMBO) - The Retail selling prices of Lanka Petrol 92 was revised from Rs.142 per litre to Rs.137 ... Read More

Saudi Arabia triples VAT to support coronavirus-hit economy

Saudi Arabia triples VAT to support coronavirus-hit economy

May 12, 2020

(FASTNEWS | COLOMBO) - Saudi Arabia is tripling its value added tax (VAT) as part of austerity measures to support ... Read More

Stock market closed for trading as S&P SL20 drops over 10 %

Stock market closed for trading as S&P SL20 drops over 10 %

May 11, 2020

(FASTNEWS | COLOMBO) - The Colombo Stock Exchange (CSE), which resumed trading today after a shutdown spanning for seven weeks, ... Read More

Pelwatte to explore continued local dairy self-sufficiency Post COVID-19

Pelwatte to explore continued local dairy self-sufficiency Post COVID-19

May 10, 2020

(FASTNEWS | COLOMBO) -  The local dairy industry leader, Pelwatte, has pledged to ensure continued exploration towards establishment of self-sufficiency ... Read More

Stafford and Inventive Polymers donates Face Shields to PHI Union & IDH – [IMAGES]

Stafford and Inventive Polymers donates Face Shields to PHI Union & IDH – [IMAGES]

May 10, 2020

(FASTNEWS | COLOMBO) - The sole authorized distributor of Honda in Sri Lanka; Stafford Motors has joined with its subsidiary, ... Read More

100% made in Sri Lanka cars by next year: Dilantha Malagamuwa

100% made in Sri Lanka cars by next year: Dilantha Malagamuwa

May 10, 2020

(FASTNEWS | COLOMBO) - Sri Lanka’s first-ever hundred per cent locally manufactured petrol and electric prototype cars would be launched ... Read More

CSE to reopen on Monday

CSE to reopen on Monday

May 9, 2020

(FASTNEWS | COLOMBO) - The Colombo Stock Exchange (CSE) is set to resume trading on Monday (11 May 2020) after ... Read More

Liquor stores and meat shops closed for 3-days

Liquor stores and meat shops closed for 3-days

May 5, 2020

(FASTNEWS | COLOMBO) - All liquor stores, abattoirs and meat shops, casinos and nightclubs will remain closed for 3-days from ... Read More

SriLankan Airlines to bring Lankan students in UK, Australia

SriLankan Airlines to bring Lankan students in UK, Australia

May 2, 2020

(FASTNEWS | COVID-19) - SriLankan Airlines is to operate repatriation flights to bring Sri Lankan students from London in the ... Read More

More Indonesians leave Sri Lanka

More Indonesians leave Sri Lanka

May 2, 2020

(FASTNEWS | COVID-19) - More Indonesians left Sri Lanka in a special flight organised with the assistance of the Indonesian ... Read More

Locally manufactured milk powder prices increased

Locally manufactured milk powder prices increased

May 2, 2020

(FASTNEWS | COVID-19) - The Consumer Affairs Authority has granted approval to increase the prices of local milk powder to ... Read More