Category: BUSINESS
Millions of garden plants set to be binned due to Coronavirus
(FASTNEWS | COLOMBO) - Millions of plants, shrubs and trees could be binned in the coming days and weeks, meaning ... Read More
Carluccio’s collapses putting 2,000 jobs at risk due to Coronavirus
(FASTNEWS | COLOMBO) - Italian restaurant chain Carluccio's has gone into administration, blaming "challenging trading conditions" exacerbated by the coronavirus. ... Read More
Grace period offered to pay electricity bills
(FASTNEWS | COLOMBO) - The Ministry of Power and Energy has granted a grace period for the payment of electricity ... Read More
CSE to remain closed as curfew continues
(FASTNEWS | COLOMBO) - The Colombo Stock Exchange (CSE) has declared tomorrow (23) and Tuesday (24) as market holidays. (more…) Read More
CSE to remain closed
(FASTNEWS | COLOMBO) - The Colombo Stock Exchange will remain closed today as well. The CSE in a statement said ... Read More
Maximum retail price for Big Onions
(FASTNEWS | COLOMBO) - The Consumer Affairs Authority (CAA) says that a maximum retail price of Rs 150 per kilogram ... Read More
Coronavirus: Asia stocks fall despite stimulus plans
(FASTNEWS | Coronavirus pandemic) - Asian stocks have fallen as worries about the coronavirus pandemic eclipsed hopes that major stimulus ... Read More
Apple hit with record €1.1bn fine in France
(FASTNEWS | TECH-WORLD) - France's competition authority has imposed a record €1.1bn (£1bn; $1.2bn) fine on US tech giant Apple ... Read More
US Fed cuts rates to buffer economy from coronavirus
(FASTNEWS | COLOMBO) - Faced with a growing economic shutdown from the coronavirus pandemic, that could cause the US economy ... Read More
Apparel industry affected by coronavirus
(FASTNEWS |Coronavirus) - The country’s apparel industry has been significantly affected as a result of the threat of the novel ... Read More
Coronavirus: Asia stocks fall after global central bank action
(FASTNEWS | Coronavirus) - Stock markets in Asia have fallen even after central banks around the world announced a coordinated ... Read More
Rate cuts: US goes to almost zero and launches huge stimulus programme
(FASTNEWS | COLOMBO) - The US has cut interest rates to almost zero and launched a $700bn stimulus programme in ... Read More
Bill Gates steps down from Microsoft board to focus on philanthropy
(FASTNEWS | COLOMBO) - Microsoft co-founder Bill Gates is stepping down from the company's board to spend more time on ... Read More
Pelwatte Dairy contributes to improve socio economy states of local dairy farmers
(FASTNEWS | COLOMBO) - Industry leading local dairy milk producer, Pelwatte Dairy Industries Ltd., has taken initiative to uplift and ... Read More
Africa Vulnerable to Capital Flight on Virus Concern, Fitch Says
(FASTNEWS | BUZZ REPORT)) - The spread of the coronavirus and tumbling oil prices could trigger a capital exodus from ... Read More