Sri Lanka shares slip as financials, consumers stocks weigh
(FASTNEWS | COLOMBO) – Reuters – Sri Lankan shares fell on Tuesday to their lowest in nearly eight weeks, dragged…
Category: BUSINESS
President tells EU to look positively at Sri Lanka
(FASTNEWS | COLOMBO) – President invited all countries to look positively at Sri Lanka as an investment hub when a…
Rethink about credit disbursement policies; shift from ‘risk averse’ mindset – CBSL Governor
(FASTNEWS | COLOMBO) – Central bank chief Monday (06) urged banks to rethink their credit disbursement policies, as the traditional…
Vehicle imports down in 2020
(FASTNEWS | COLOMBO) – The Vehicle Importers Association of Sri Lanka says the importation of vehicles have reduced drastically in…
CBSL to enact new Banking Act in 2021
(FASTNEWS | COLOMBO) – The Central Bank of Sri Lanka will enact a new Banking Act in 2021, which will…
Govt. insists will not continue with fuel pricing formula
(FASTNEWS | COLOMBO) – The Government led by President Gotabaya Rajapaksa would not continue with the fuel pricing formula of…
CBSL extends suspension on PTL
(FASTNEWS | COLOMBO) – The Central Bank of Sri Lanka (CBSL) has extended the suspension of Perpetual Treasuries Limited (PTL)…
Oil prices jump after top Iranian general killed by US
(FASTNEWS | IRAQ) – Oil prices have risen sharply after the killing of a top Iranian general in Iraq. Analysts…
CNN selects Lanka as best place to visit in 2020
(FASTNEWS | COLOMBO) – US based CNN Travel has included Sri Lanka along with 19 other countries as ‘20 best…
Asia’s richest man takes on retail giant Amazon
(FASTNEWS | NEW DELHI) – A conglomerate run by Asia’s richest man has started rolling out a challenger to Amazon…
Pay raise for public servants from tomorrow
(FASTNEWS | COLOMBO) – New salary scale for the posts in Public Service will be implemented in January as planned,…
Tesla delivers its first ‘Made in China’ cars
(FASTNEWS | COLOMBO) – Tesla has delivered its first cars made in China, marking a major milestone for the electric…
Maximum Retail Price for cement gazetted
(FASTNEWS | COLOMBO) – The Consumer Affairs Authority (CAA) has gazetted the Maximum Retail Price (MRP) for three categories of…
Plans to re-open Kantale sugar factory
(FASTNEWS | COLOMBO) – The Government has drawn attention towards re-opening the Kantale sugar factory which has remained closed for…
Govt. to launch first $250M foreign investment
(FASTNEWS | COLOMBO) – The Ministry of Finance says the first foreign investment under the new government of President Gotabaya…