French plane maker’s fraudulent deals with SriLankan bared
(FASTNEWS | COLOMBO) – $2m paid to the wife of a Sri Lankan Airlines executive through a Brunei shell company…
Category: BUSINESS
Central Bank reduces its policy interest rates
(FASTNEWS | COLOMBO) – The Monetary Board of the Central Bank of Sri Lanka (CBSL) has decided to reduce the…
Google temporarily shutting down all China offices
(FASTNEWS | COLOMBO) – Alphabet Inc’s Google said on Wednesday it is temporarily shutting down all its offices in China…
Sri Lanka state universities open doors for international students
(FASTNEWS | COLOMBO) – Even though legal provisions are in existence to admit 4.5% of foreign students out of the…
SriLankan Airlines takes action with regard to Coronavirus outbreak
(FASTNEWS | COLOMBO) – SriLankan Airlines has implemented a series of precautionary measures to mitigate the risks from the current…
Anita Dorai supports ‘Wheels for Wheels’
(FASTNEWS | COLOMBO) – Anita Dorai, a Singaporean-born glamorous lady who is constantly striving to make noble contributions to the…
Uber sells its India food delivery business to Zomato
(FASTNEWS | New Delhi) – Uber has sold its food delivery service in India to local rival Zomato, the firms…
Vietnamese firm Viettel’s 5G claim raises eyebrows outside
(FASTNEWS | HANOI) – A Vietnamese firm’s claim to be a fresh force in 5G network equipment is being treated…
Trade deficit contracts in first 11 months of 2019
(FASTNEWS | COLOMBO) – During the first eleven months of 2019, the trade deficit contracted compared to the corresponding period…
EU extends GSP Plus until 2023
(FASTNEWS | COLOMBO) – The European Union has announced that it has decided to extend the GSP Plus facility for…
China’s economic growth hits three-decade low
(FASTNEWS | COLOMBO) – China’s economy grew last year at the slowest pace in almost three decades. Official figures show…
President limits allowances, vehicles of State Sector Heads
(FASTNEWS | COLOMBO) – The Presidential Secretariat has issued a Special Circular limiting the allowances and other facilities of Chairmen…
Govt. dismisses fuel shortage fears
(FASTNEWS | COLOMBO) – The Ministry of Power and Energy stated there is no shortage of fuel in Sri Lanka…
Twitter to test ‘block all replies’ function
(FASTNEWS | TWITTER) – Twitter has said it will test new features that allow users to control who can reply…
Sri Lanka stocks fall due to Middle East crisis
(FASTNEWS | COLOMBO) – Sri Lanka’s stock market indices fell significantly on Wednesday due to rising tension in the Middle…