Category: BUSINESS

Gem & Jewellery Authority to be granted duty-free imports

Gem & Jewellery Authority to be granted duty-free imports

Mar 1, 2020

(FASTNEWS | COLOMBO) - Minister Wimal Weerawansa says the Gem and Jewellery Authority will be granted the opportunity to import ... Read More

Income has dropped by Rs.14 billion-Mangala

Income has dropped by Rs.14 billion-Mangala

Feb 29, 2020

(FASTNEWS | COLOMBO) - Former Minister of Finance Parliamentarian Mangala Samaraweera says the country’s income has dropped by Rs.14 billion ... Read More

Japan shares slump as Asia reacts to global sell-off

Japan shares slump as Asia reacts to global sell-off

Feb 25, 2020

(FASTNEWS | JAPAN) - Shares in Japan fell sharply on Tuesday as investors worried about the spread of the coronavirus. ... Read More

Virus credit crunch hits millions of Chinese firms

Virus credit crunch hits millions of Chinese firms

Feb 24, 2020

(FASTNEWS |Coronavirus) - Mounting debts have hit Chinese companies struggling to pay workers and suppliers amid the coronavirus outbreak. President ... Read More

Coronavirus: Car sales in China fall 92% in February

Coronavirus: Car sales in China fall 92% in February

Feb 24, 2020

(FASTNEWS | Coronavirus) -  Car sales in China fell 92% in the first half of February as the coronavirus shutdown ... Read More

Sri Lanka vehicle registrations pick-up in January

Sri Lanka vehicle registrations pick-up in January

Feb 18, 2020

(FASTNEWS | COLOMBO) - According to J. B. Securities monthly review, Sri Lanka vehicle registrations picked up in January 2020, ... Read More

Sri Lanka tourism earnings reach US$ 3.5Bn in 2019

Sri Lanka tourism earnings reach US$ 3.5Bn in 2019

Feb 18, 2020

(FASTNEWS | COLOMBO) - Sri Lanka’s tourism sector earnings were provisionally estimated at US dollars 3,592 million during 2019, compared ... Read More

Amal Cabraal appointed Vice Chairman of Sunshine Holdings

Amal Cabraal appointed Vice Chairman of Sunshine Holdings

Feb 18, 2020

(FASTNEWS | COLOMBO) - Amal Cabraal has been appointed as the Vice Chairman of the Sunshine Holdings PLC with effect ... Read More

Amazon CEO donates $10B to fight climate change

Amazon CEO donates $10B to fight climate change

Feb 18, 2020

(FASTNEWS | COLOMBO) - Amazon CEO Jeff Bezos announced on Monday that he will commit a whopping $10 billion to ... Read More

MWC 2020: Smartphone showcase cancelled over coronavirus fears

MWC 2020: Smartphone showcase cancelled over coronavirus fears

Feb 13, 2020

(FASTNEWS | MWC 2020) - The world's largest mobile phone showcase, Mobile World Congress (MWC), has been cancelled over coronavirus ... Read More

Smart card and online ticketing for trains

Smart card and online ticketing for trains

Feb 11, 2020

(FASTNEWS | COLOMBO) - A smart card to be used on trains and an online rail ticket reservation system are ... Read More

Cabinet approves India – Sri Lanka Alliance Air flights

Cabinet approves India – Sri Lanka Alliance Air flights

Feb 6, 2020

(FASTNEWS | NEW DELHI) - The Union Cabinet in India has granted ex-post facto dispensation to Alliance Air, a 100 ... Read More

Coronavirus: Chinese stocks plunge as markets reopen

Coronavirus: Chinese stocks plunge as markets reopen

Feb 3, 2020

(FASTNEWS | Coronavirus Outbreak) - Fears over the coronavirus have triggered a sharp fall in Chinese shares as markets reopened ... Read More

Pakistan Lifestyle Exhibition opens in Colombo [PHOTOS]

Pakistan Lifestyle Exhibition opens in Colombo [PHOTOS]

Feb 2, 2020

(FASTNEWS | COLOMBO) - Minister of Small and Medium Business and Enterprise Development and Minister of Industries and Supply Chain ... Read More

SriLankan Airlines expresses gratitude to mission of mercy volunteers

SriLankan Airlines expresses gratitude to mission of mercy volunteers

Feb 2, 2020

(FASTNEWS | COLOMBO) - SriLankan Airlines expressed its profound gratitude to its patriotic and loyal staff members who volunteered to ... Read More