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Category: BUSINESS

Finance Ministry purchases 12,000 metric tonnes of gas; Shortage to end this week
BUSINESSLOCALTOP STORY 2
byNews EditorNov 4, 2019Nov 4, 2019

Finance Ministry purchases 12,000 metric tonnes of gas; Shortage to end this week

(FASTNEWS | COLOMBO) – The Finance Ministry will purchase 12,000 metric tons of domestic LP gas urgently through the government-owned…

MCC agreement drafted with AG’s consent will present in Parliament
BUSINESSLOCALTOP STORY 2
byNews EditorNov 1, 2019

MCC agreement drafted with AG’s consent will present in Parliament

(FASTNEWS | COLOMBO) – The Millennium Challenge Corporation (MCC) agreement drafted with the consent of the Attorney General (AG) Dappula…

Turkey – Sri Lanka trade continues to surge
BUSINESSLOCALTOP STORY 3
byNews EditorOct 31, 2019Oct 31, 2019

Turkey – Sri Lanka trade continues to surge

(FASTNEWS | COLOMBO) – Further strengthening the longstanding relations between Sri Lanka and Turkey, bilateral trade between both countries continues…

Envoy says China is helping Sri Lanka out of ‘debt trap’
BUSINESSLOCAL
byNews EditorOct 30, 2019Oct 30, 2019

Envoy says China is helping Sri Lanka out of ‘debt trap’

(FASTNEWS | COLOMBO) – China is helping Sri Lanka come out of a “debt trap” and has led the island…

Litro assures steady LP gas supply
BUSINESSLOCALTOP STORY 3
byNews EditorOct 30, 2019Oct 30, 2019

Litro assures steady LP gas supply

(FASTNEWS | COLOMBO) – The sudden shortage of LP gas was due to heavy consumer demand and shipment delays due…

Cabinet approves USD 480 million MCC grant
BUSINESSLOCAL
byNews EditorOct 30, 2019Oct 30, 2019

Cabinet approves USD 480 million MCC grant

(FASTNEWS | COLOMBO) – The Cabinet of Ministers yesterday approved the implementation of the US$ 480 million Millennium Challenge Corporation…

Budget 2020 relief for middle class, war veterans
BUSINESSLOCALTOP STORY 1
byNews EditorOct 28, 2019

Budget 2020 relief for middle class, war veterans

(FASTNEWS | COLOMBO) – Several relief measures including a comprehensive increment of public servants’ salaries, allowances of disabled war heroes…

Coconut no longer in special MRP list
BUSINESSLOCAL
byNews EditorOct 25, 2019Oct 25, 2019

Coconut no longer in special MRP list

(FASTNEWS | COLOMBO) – The Consumer Affairs Authority (CAA) has removed coconut from the special gazetted list that includes items…

Vote on Account passed [UPDATE]
BUSINESSLOCALTOP STORY 1
byNews EditorOct 23, 2019Oct 24, 2019

Vote on Account passed [UPDATE]

(FASTNEWS | COLOMBO) – The Vote on Account for the first 4-months of 2020, was passed in Parliament today (23)…

Harsha discusses bilateral trade with UK Minister
BUSINESSLOCAL
byNews EditorOct 23, 2019Oct 23, 2019

Harsha discusses bilateral trade with UK Minister

(FASTNEWS | COLOMBO) – Economic Reforms and Public Distribution Minister Dr. Harsha de Silva met UK Minister of State for…

vivo launches V17 Pro in Sri Lanka with a trailblazing iconic camera design; The World’s First 32MP Dual Elevating Selfie Camera
BUSINESS
byFastnewsOct 17, 2019

vivo launches V17 Pro in Sri Lanka with a trailblazing iconic camera design; The World’s First 32MP Dual Elevating Selfie Camera

(FASTNEWS | COLOMBO) – V17 Pro, vivo’s latest innovative smartphone was unveiled to the Sri Lankan market today (15). The…

Nobel economics prize winner: I want to inspire women
BUSINESS
byFastnewsOct 15, 2019

Nobel economics prize winner: I want to inspire women

(FASTNEWS | COLOMBO) – Esther Duflo has said she is “humbled” by her success in winning this year’s Nobel prize…

Sri Lanka business registrations can now be done from home
BUSINESSLOCALTOP STORY 1
byNews EditorOct 12, 2019

Sri Lanka business registrations can now be done from home

(FASTNEWS | COLOMBO) – Opening a new chapter in Sri Lanka’s private sector development, incorporation of a new company in…

Pearson Tech Summit set to Ignite, Inspire and Transform local IT industry
BUSINESS
byFastnewsOct 11, 2019

Pearson Tech Summit set to Ignite, Inspire and Transform local IT industry

(FASTNEWS | COLOMBO) – Pearson Lanka officially announced the launch of ‘Pearson Tech Summit’, a high-powered conference featuring many local…

Regulations of the Carbon Tax to be amended
BUSINESSLOCAL
byNews EditorOct 11, 2019

Regulations of the Carbon Tax to be amended

(FASTNEWS | COLOMBO) – The Cabinet of Ministers has decided to amend the regulations of the Carbon Tax imposed on…

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