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Category: BUSINESS

Pearson Relocates Global Technical Operations Hub to MAGA ONE – [IMAGES]
BUSINESS
byFastnewsSep 23, 2019

Pearson Relocates Global Technical Operations Hub to MAGA ONE – [IMAGES]

(FASTNEWS | COLOMBO) – Pearson Lanka this week, officially announced the relocation of their 300-strong global Technical Operations team to…

Thomas Cook collapses as last-ditch rescue talks fail
BUSINESSFOREIGN
byFastnewsSep 23, 2019

Thomas Cook collapses as last-ditch rescue talks fail

(FASTNEWS | COLOMBO) –  Thomas Cook has collapsed after last-minute negotiations aimed at saving the 178-year-old holiday firm failed. The…

Indian industrialists vie for multi-million Sri Lanka projects
BUSINESSLOCALTOP STORY 3
byNews EditorSep 19, 2019

Indian industrialists vie for multi-million Sri Lanka projects

(FASTNEWS | COLOMBO) – Indian industrial investors are preparing for major investment moves in Sri Lankan projects-not only on mega-infrastructure…

BUSINESS
byFastnewsSep 18, 2019

Alpha partners with Global Market Leaders in office and Security Solutions Partners with global brands Haworth and Gunnebo

(FASTNEWS | COLOMBO) – Sri Lanka’s leading office furniture manufacturer, Alpha Industries has collaborated with Haworth and Gunnebo; global giants…

“Govt. has handled debt and stabilised economy” – Prime Minister
BUSINESSLOCALTOP STORY 2
byNews EditorSep 18, 2019

“Govt. has handled debt and stabilised economy” – Prime Minister

(FASTNEWS | COLOMBO) – Prime Minister Ranil Wickremesinghe yesterday reiterated his commitment to policy reforms to prepare the country to…

“Previous regime’s repression blocked post-war investment boom” – Mangala tells Economic Summit
BUSINESSLOCALTOP STORY 1
byNews EditorSep 18, 2019Sep 18, 2019

“Previous regime’s repression blocked post-war investment boom” – Mangala tells Economic Summit

(FASTNEWS | COLOMBO) – The previous regime’s naked power-grab by stabbing the rule of law in the back was a…

Oil prices soar after attacks on Saudi facilities
BUSINESS
byFastnewsSep 16, 2019

Oil prices soar after attacks on Saudi facilities

(FASTNEWS | COLOMBO) – Oil prices surged after two attacks on Saudi Arabian facilities on Saturday knocked out more than…

Alethea relaunches with new-era learning infrastructure and technology based educational  framework – [IMAGES]
BUSINESS
byFastnewsSep 16, 2019

Alethea relaunches with new-era learning infrastructure and technology based educational framework – [IMAGES]

(FASTNEWS | COLOMBO) –  Alethea School and Alethea International school has taken the initiative to fill the mismatch of technology…

Liquor licences without Minister approval in 2017/18 to be cancelled
BUSINESSLOCALTOP STORY 1
byNews EditorSep 16, 2019

Liquor licences without Minister approval in 2017/18 to be cancelled

(FASTNEWS | COLOMBO) – Liquor licences obtained without the required Ministerial approval during the years 2017 and 2018 face cancellation…

Rupee ends flat; stocks edge up
BUSINESS
byFastnewsSep 14, 2019

Rupee ends flat; stocks edge up

(FASTNEWS | COLOMBO) – Sri Lanka’s rupee closed flat on Thursday, with foreign outflows from government securities showing a declining…

STC launches Sri Lanka’s first State-owned WAC
BUSINESSLOCALTOP STORY 1
byNews EditorSep 12, 2019

STC launches Sri Lanka’s first State-owned WAC

(FASTNEWS | COLOMBO) – No sooner the first ever state run Wheel Alignment Centre (WAC) for the four wheel light…

Price of bread will remain same – ACBOA
BUSINESSLOCAL
byNews EditorSep 12, 2019Sep 12, 2019

Price of bread will remain same – ACBOA

(FASTNEWS | COLOMBO) – All Ceylon Bakery Owners Association (ACBOA) stated that the Rs. 2 increase in the price of…

SriLankan grounds MacBook Pros after Apple issues a recall
BUSINESSLOCAL
byNews EditorSep 12, 2019

SriLankan grounds MacBook Pros after Apple issues a recall

(FASTNEWS | COLOMBO) – SriLankan Airlines has prohibited passengers from carrying MacBook Pro laptop devices which do not have the…

T Boone Pickens, legendary US oilman, dies at 91
BUSINESS
byFastnewsSep 12, 2019Sep 12, 2019

T Boone Pickens, legendary US oilman, dies at 91

(FASTNEWS | COLOMBO) –US businessman T Boone Pickens, a Texas energy investor known for his folksy speech and ruthless business…

Trump delays tariff hikes on Chinese goods ahead of talks
BUSINESS
byFastnewsSep 12, 2019

Trump delays tariff hikes on Chinese goods ahead of talks

(FASTNEWS | COLOMBO) – US President Donald Trump will delay a planned tariff hike on $250bn (£202.8bn) of Chinese goods…

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