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Category: BUSINESS

Slow growth impacted fiscal deficit in 2019
BUSINESS
byFastnewsDec 3, 2019

Slow growth impacted fiscal deficit in 2019

(FASTNEWS | COLOMBO) – The Ministry of Finance says the expected fiscal deficit for 2019 will be more than the…

Indirect taxes down from yesterday
BUSINESSLOCALTOP STORY 1
byNews EditorDec 2, 2019

Indirect taxes down from yesterday

(FASTNEWS | COLOMBO) – The tax concession package introduced by the new Government came into effect from yesterday (01).

China due to introduce face scans for mobile users
BUSINESS
byFastnewsDec 1, 2019

China due to introduce face scans for mobile users

(FASTNEWS | COLOMBO) – People in China are now required to have their faces scanned when registering new mobile phone…

Info Tech sector exempt from taxes – Bandula
BUSINESSLOCALTOP STORY 2
byNews EditorNov 29, 2019Nov 29, 2019

Info Tech sector exempt from taxes – Bandula

(FASTNEWS | COLOMBO) – In a major boost for the digital economy, the country’s Information Technology (IT) sector is to…

OneCoin lawyer found guilty in ‘crypto-scam’ – [IMAGES]
BUSINESS
byFastnewsNov 22, 2019

OneCoin lawyer found guilty in ‘crypto-scam’ – [IMAGES]

(FASTNEWS | COLOMBO) – A US lawyer has been found guilty for his role in the OneCoin cryptocurrency scam, which…

Bread price reduced
BUSINESSLOCAL
byNews EditorNov 21, 2019Nov 21, 2019

Bread price reduced

(FASTNEWS | COLOMBO) – The All Ceylon Bakery Owner’s Association (ACBOA) today (21) announced that the price of a 450…

Bakery owners decide to increase price of bread
BUSINESSLOCAL
byNews EditorNov 20, 2019Nov 20, 2019

Bakery owners decide to increase price of bread

(FASTNEWS | COLOMBO) – The All Island Bakery Owners Association has decided to increase the price of a loaf of…

No flour price increase – Finance Ministry
BUSINESSLOCALTOP STORY 1
byNews EditorNov 15, 2019

No flour price increase – Finance Ministry

(FASTNEWS | COLOMBO) – Minister of Finance Mangala Samaraweera today (15) stated that there was no revision to the price…

No conditions in Rs. 86 billion MCC grant – Mangala
BUSINESSLOCALTOP STORY 2
byNews EditorNov 8, 2019Nov 8, 2019

No conditions in Rs. 86 billion MCC grant – Mangala

(FASTNEWS | COLOMBO) – The only condition to receive USD 480 million (Rs.86 billion) grant under the Millennium Challenge Corporation…

Sri Lanka’s first State-run consumer loyalty card to launch tomorrow
BUSINESSLOCALTOP STORY 2
byNews EditorNov 7, 2019

Sri Lanka’s first State-run consumer loyalty card to launch tomorrow

(FASTNEWS | COLOMBO) – Sri Lanka’s first State-run FMCG (Fast-Moving Consumer Goods) Loyalty Card will be launched tomorrow (08). The…

Mahinda applied for MCC grant in 2014 – Marikkar reveals
BUSINESSLOCALTOP STORY 2
byNews EditorNov 7, 2019Nov 7, 2019

Mahinda applied for MCC grant in 2014 – Marikkar reveals

(FASTNEWS | COLOMBO) – United National Party (UNP) MP S.M. Marikkar challenged SLPP candidate Gotabaya Rajapaksa to reveal whether he…

Gas supplies to normalise this week
BUSINESSLOCAL
byNews EditorNov 6, 2019Nov 6, 2019

Gas supplies to normalise this week

(FASTNEWS | COLOMBO) – Local Liquefied Petroleum gas (LP) gas suppliers told the Sate-owned Daily News yesterday that supplies of…

Rajapaksas’ family rule scared away foreign investors – Mangala
BUSINESSLOCALTOP STORY 1
byNews EditorNov 6, 2019Nov 6, 2019

Rajapaksas’ family rule scared away foreign investors – Mangala

(FASTNEWS | COLOMBO) – Communalists and religionists who shattered the economy and people’s hopes and aspirations will not be allowed…

CAA to take action against 40 gas sellers
BUSINESSLOCAL
byNews EditorNov 4, 2019

CAA to take action against 40 gas sellers

(FASTNEWS | COLOMBO) – The Consumer Affairs Authority (CAA) is to take legal action against 40 traders who had sold…

Sri Lanka economy recovering from Easter attacks – IMF
BUSINESSLOCAL
byNews EditorNov 4, 2019Nov 4, 2019

Sri Lanka economy recovering from Easter attacks – IMF

(FASTNEWS | COLOMBO) – Sri Lanka’s economy was slowly recovering from the impact of the Easter Sunday suicide bombings that…

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