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…
Category: BUSINESS
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.…
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…
CSE to remain closed as curfew continues
(FASTNEWS | COLOMBO) – The Colombo Stock Exchange (CSE) has declared tomorrow (23) and Tuesday (24) as market holidays.
CSE to remain closed
(FASTNEWS | COLOMBO) – The Colombo Stock Exchange will remain closed today as well. The CSE in a statement said…
Maximum retail price for Big Onions
(FASTNEWS | COLOMBO) – The Consumer Affairs Authority (CAA) says that a maximum retail price of Rs 150 per kilogram…
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…
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…
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…
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…
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…
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…
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…
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…
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…