Category: BUSINESS
CSE trading halted for 30 minutes
(FASTNEWS | BUZZ REPORT) - Regular trading at the Colombo Stock Exchange (CSE) was temporarily halted for 30 minutes from ... Read More
Alibaba founder Jack Ma unseats Indian tycoon Mukesh Ambani as Asia’s richest man after US$5.8 billion rout
(FASTNEWS | BUZZ REPORT) - As oil prices collapsed alongside global stocks amid mounting coronavirus fears, billions of dollars were ... Read More
COVID-19 Outbreak to Have Significant Economic Impact on Developing Asia
(FASTNEWS | BUZZ REPORT) - The ongoing novel coronavirus (COVID-19) outbreak will have a significant impact on developing Asian economies ... Read More
Oil Shock Compounds Sovereign Credit Risks from Coronavirus – Fitch Ratings
(FASTNEWS | COLOMBO) - The dual impact of COVID-19 and the significant oil price shock will put pressure on some ... Read More
Japanese vehicle prices may go up by 10% due to strong Yen: VIASL
(FASTNEWS | Japan) - The price of the vehicles imported from Japan would be increased due to increase of the ... Read More
Cabinet to discuss reducing fuel prices
(FASTNEWS | COLOMBO) - Minister of Power and Energy Mahinda Amaraweera says the Cabinet of Ministers who are due to ... Read More
Sri Lanka expects 3.5 – 4.0% growth in 2020, with limited hit from Covid-19
(FASTNEWS | COLOMBO) - Sri Lanka is expecting 3.5-4.0 % growth in 2020, amid a hit from Coronavirus (COVID -19) ... Read More
IFC Partners with CSE for 5th Ring the Bell for Gender Equality Event in Sri Lanka
(FASTNEWS | BUZZ) - For the fifth consecutive year, IFC, a member of the World Bank Group, partnered with the ... Read More
Sri Lanka negotiating $1Bn plus loan with China
(FASTNEWS | BUZZ) - The Government is in the middle of negotiating a loan from the Chinese Development Bank, which ... Read More
Hyatt, Hilton, Grand Oriental under one State-owned property development body
(FASTNEWS | BUZZ) - Some of the luxurious hotels and tourism-related assets are owned by State institutions such as the ... Read More
Minimum price for big onions increased by Rs. 20
(FASTNEWS | COLOMBO) - The minimum price for big onions has been increased from Rs. 60 to Rs. 80 to ... Read More
IMF provides $50bn to fight coronavirus outbreak
(FASTNEWS | Coronavirus outbreak) - The International Monetary Fund has announced $50bn (£39bn) of support for countries hit by the ... Read More
‘Irregular appointments at State Banks must end’
(FASTNEWS | COLOMBO) - The Ceylon Bank Employees’ Union has requested the President and Prime Minister to suspend the irregular ... Read More
Jack Welch: Legendary General Electric boss dies at 84
(FASTNEWS | Jack Welch) - Jack Welch, a titan of American business who transformed General Electric (GE) into America's most ... Read More
Coronavirus: Stocks rise as central banks pledge support
(FASTNEWS | Coronavirus) - Share prices in Asia have risen after Japan's central bank promised to help protect markets from ... Read More