Category: BUSINESS

Lanka IOC petrol prices reduced

Lanka IOC petrol prices reduced

Oct 11, 2019

(FASTNEWS | COLOMBO) - The Lanka Indian Oil Corporation (LIOC) has announced a reduction in petrol prices with effect from ... Read More

Trump optimistic about US-China trade talks

Trump optimistic about US-China trade talks

Oct 11, 2019

(FASTNEWS | COLOMBO) - US President Donald Trump sounded an optimistic note at the end of the first day of ... Read More

No fuel price revision this month

No fuel price revision this month

Oct 11, 2019

(FASTNEWS | COLOMBO) - Fuel prices will not be subjected to any amendments under the fuel pricing formula this month, ... Read More

Sri Lanka craft sector wins free insurance cover for the first time in history

Sri Lanka craft sector wins free insurance cover for the first time in history

Oct 7, 2019

(FASTNEWS | COLOMBO) - Sri Lanka has activated the long-awaited free insurance facility to its historic crafts and handicraft sectors ... Read More

Domestic gas price reduced

Domestic gas price reduced

Oct 4, 2019

(FASTNEWS | COLOMBO) - The Ministry of Finance announced that the price of a domestic gas cylinder will be reduced ... Read More

Prime Grand, Ward Place Constructs the 28th Floor 03 months ahead of schedule

Prime Grand, Ward Place Constructs the 28th Floor 03 months ahead of schedule

Oct 4, 2019

(FASTNEWS | COLOMBO) - Sri Lanka’s premier real-estate company, Prime Group’s flagship ultra-luxury project, Prime Grand, Ward Place has commenced ... Read More

Japanese car sales sink in South Korea amid trade rift

Japanese car sales sink in South Korea amid trade rift

Oct 4, 2019

(FASTNEWS | COLOMBO) -  Japanese car sales in South Korea fell again last month, as a trade row between the ... Read More

Import Tax on big onions reduced

Import Tax on big onions reduced

Oct 1, 2019

(FASTNEWS | COLOMBO) - The Import Tax on big onions has been reduced with effect from midnight tonight (01), the ... Read More

Japan delivers long-delayed consumption tax hike

Japan delivers long-delayed consumption tax hike

Oct 1, 2019

(FASTNEWS | COLOMBO) - Japan has increased its consumption tax for the first time in five years, bringing the long-delayed ... Read More

South Korea boosts funding for Ocean University by massive 60%

South Korea boosts funding for Ocean University by massive 60%

Sep 30, 2019

(FASTNEWS | COLOMBO) - The initial outlay on Sri Lanka’s largest vocational skilling project announced on 28 August has now ... Read More

World Bank unveils a guide for SL policymakers

World Bank unveils a guide for SL policymakers

Sep 28, 2019

(FASTNEWS | COLOMBO) - The World Bank unveiled today a new report to guide policymakers and development practitioners across Sri ... Read More

India opens support to Sri Lankan SMEs

India opens support to Sri Lankan SMEs

Sep 27, 2019

(FASTNEWS | COLOMBO) - One of world’s most dynamic SME and MSME collectives has come forward to support Sri Lankan ... Read More

Public sector salaries raised from Jan. 2020 – Finance Ministry

Public sector salaries raised from Jan. 2020 – Finance Ministry

Sep 27, 2019

(FASTNEWS | COLOMBO) - The monthly salary of all public servants will be increased by a minimum amount of Rs.3,000 ... Read More

CB orders banks to cut lending rates at least 2% by Oct.15

CB orders banks to cut lending rates at least 2% by Oct.15

Sep 25, 2019

(FASTNEWS | COLOMBO) - The Central Bank said it ordered all licensed commercial banks (LCBs) to cut lending rates at ... Read More