Category: BUSINESS

Sri Lanka rupee slips amid foreign fund outflow worries

Sri Lanka rupee slips amid foreign fund outflow worries

Aug 28, 2019

(FASTNEWS | COLOMBO) - Sri Lanka’s rupee slipped on Tuesday amid worries over further foreign fund outflows after the central ... Read More

Sri Lanka Customs revenue tops Rs. 919 Bn in 2018

Sri Lanka Customs revenue tops Rs. 919 Bn in 2018

Aug 28, 2019

(FASTNEWS | COLOMBO) -Sri Lanka Customs (SLC) the country’s largest revenue earning state body has been able to secure a ... Read More

Sri Lanka and Venezuela Agree to Forge Closer Bilateral Ties – [IMAGE]

Sri Lanka and Venezuela Agree to Forge Closer Bilateral Ties – [IMAGE]

Aug 28, 2019

(FASTNEWS | COLOMBO) - As part of an Asian tour undertaken to promote closer cooperation between the Bolivarian Republic of ... Read More

Prime stands tall among ‘Most Respected Entities in Sri Lanka’ – [IMAGES]

Prime stands tall among ‘Most Respected Entities in Sri Lanka’ – [IMAGES]

Aug 28, 2019

(FASTNEWS | COLOMBO) -  Prime Group was selected as the Most Respected Real Estate Organization among Sri Lanka’s ‘Most Respected ... Read More

LOT Polish Airlines to start 3 weekly direct flights to Sri Lanka from Nov.

LOT Polish Airlines to start 3 weekly direct flights to Sri Lanka from Nov.

Aug 26, 2019

(FASTNEWS|COLOMBO) - Starting from the winter season, LOT will fly from Warsaw to Sri Lanka with flights being operated seasonally, ... Read More

Cabinet paper to issue RFPs for $ 500 m Samurai bond tomorrow

Cabinet paper to issue RFPs for $ 500 m Samurai bond tomorrow

Aug 26, 2019

(FASTNEWS|COLOMBO) -The Central Bank is preparing to issue Sri Lanka’s first Samurai bond of $ 500 million in October or ... Read More

Sri Lanka to achieve target of 2mn tourist arrivals in 2019

Sri Lanka to achieve target of 2mn tourist arrivals in 2019

Aug 26, 2019

(FASTNEWS|COLOMBO) - Sri Lanka is well on track to attract 2 million tourists by the end of this year, Sri ... Read More

Asian stocks drop as US-China trade war escalates

Asian stocks drop as US-China trade war escalates

Aug 26, 2019

(FASTNEWS|COLOMBO) - Asian stock markets sank on Monday after a sharp escalation in the US-China trade war rattled investors. On ... Read More

Central Bank reduces its Policy Interest Rates

Central Bank reduces its Policy Interest Rates

Aug 23, 2019

(FASTNEWs|COLOMBO) -The Central Bank of Sri Lanka, during a meeting held yesterday (22), has decided to reduce its Policy Interest ... Read More

Inflation increases to 2.2% in July 2019

Inflation increases to 2.2% in July 2019

Aug 22, 2019

(FASTNEWS|COLOMBO) -The Department of Census and Statistics says Sri Lanka’s nationwide inflation in July 2019 determined under the National Consumer ... Read More

Sri Lanka unveils most modern hi-tech TVET facility with South Korean backing

Sri Lanka unveils most modern hi-tech TVET facility with South Korean backing

Aug 21, 2019

(FASTNEWS|COLOMBO) - Backed by the global industrial giant South Korea, Sri Lanka launched its most modern national hi-tech training facility ... Read More

Trump considers new tax cut to boost US economy

Trump considers new tax cut to boost US economy

Aug 21, 2019

(FASTNEWS|COLOMBO) - President Donald Trump has confirmed he is considering a new, temporary payroll tax cut to help boost the ... Read More

Safari in Sri Lanka like never before with Go 4 Safari

Safari in Sri Lanka like never before with Go 4 Safari

Aug 21, 2019

(FASTNEWS|COLOMBO) - Considering a wildlife safari adventure tour in Sri Lanka? Consult the Go 4 Safari travel experts who will ... Read More

Trump plays down fears of US recession

Trump plays down fears of US recession

Aug 19, 2019

(FASTNEWS|COLOMBO) -Donald Trump has tried to reassure markets about the risk of the US falling into a recession by saying ... Read More

ADB grants $ 160 Mn loan to modernize Sri Lanka Railway

ADB grants $ 160 Mn loan to modernize Sri Lanka Railway

Aug 16, 2019

(FASTNEWS|COLOMBO) -The Asian Development Bank (ADB) has approved a $160 million loan to modernize the operations and improve the efficiency ... Read More