Category: BUSINESS

Recession fears prompt selling in global stock markets

Recession fears prompt selling in global stock markets

Aug 15, 2019

(FASTNEWS|COLOMBO) - Global stock markets fell around the world as concerns about the US-China trade war and the global economy ... Read More

New regulations for online food ordering and delivery services

New regulations for online food ordering and delivery services

Aug 15, 2019

(FASTNEWS|COLOMBO) - New regulations have been introduced to address the food safety and hygiene issues on online food ordering and ... Read More

Lanka IOC increases fuel prices

Lanka IOC increases fuel prices

Aug 14, 2019

(FASTNEWS|COLOMBO) - Lanka IOC, the IndianOil's subsidiary in Sri Lanka, has decided to increase fuel prices in line with fuel ... Read More

Fuel prices increased

Fuel prices increased

Aug 13, 2019

(FAST NEWS|COLOMBO) – The Ministry of Finance has decided to increase the price of fuel under the monthly price formula ... Read More

Saudi Aramco’s H1 net income at $46.9B

Saudi Aramco’s H1 net income at $46.9B

Aug 13, 2019

(FASTNEWS|COLOMBO) - Saudi energy giant Aramco said on Monday its first half net income for 2019 slipped nearly 12 per ... Read More

Fuel Pricing Committee to convene today

Fuel Pricing Committee to convene today

Aug 13, 2019

(FASTNEWS|COLOMBO) - Fuel Pricing Committee is scheduled to convene at the Ministry of Finance this afternoon (13). (more…) Read More

“Time to revive SMEs affected by Easter Sunday attacks” – Minister Rishad

“Time to revive SMEs affected by Easter Sunday attacks” – Minister Rishad

Aug 13, 2019

(FASTNEWS|COLOMBO) - After more than a century of merchandising and deal-making, traders in Sri Lanka’s retail and wholesale ‘Pettah Market’ ... Read More

Argentine peso and markets plunge after shock vote

Argentine peso and markets plunge after shock vote

Aug 13, 2019

(FASTNEWS|COLOMBO) -Argentine stock markets and its currency have both plunged after conservative Argentine President Mauricio Macri suffered a shock defeat ... Read More

SriLankan Airlines suspends operations to Cochin due to floods

SriLankan Airlines suspends operations to Cochin due to floods

Aug 9, 2019

(FASTNEWS|COLOMBO) - SriLankan Airlines has suspended operations to Cochin, India till Sunday (11), following the closure of the Airport due ... Read More

Sri Lanka’s trade talks with fastest growing Asian economy later this year

Sri Lanka’s trade talks with fastest growing Asian economy later this year

Aug 8, 2019

(FASTNEWS|COLOMBO) - Sri Lanka’s trade with Asia’s fastest growing economy is set to surge when both countries meet for Ministerial ... Read More

Russia ready to assist Sri Lanka’s power sector

Russia ready to assist Sri Lanka’s power sector

Aug 8, 2019

(FASTNEWS|COLOMBO) - The Russian Government is ready to extend assistance towards further development of the electricity sector, Russian Ambassador Yuru ... Read More

Sri Lanka’s largest direct entrepreneur program gets ready to roll out

Sri Lanka’s largest direct entrepreneur program gets ready to roll out

Aug 7, 2019

(FASTNEWS|COLOMBO) - To develop entrepreneurship in Sri Lanka to much greater levels, the Ministry of industry and Commerce, with the ... Read More

Govt. helps biz map Indian entry

Govt. helps biz map Indian entry

Aug 6, 2019

(FASTNEWS|COLOMBO) - To help Sri Lankan companies eyeing the daunting Indian market, the International Trade and Development Strategies Ministry yesterday ... Read More

Pakistan turns to Sri Lanka for dry date exports

Pakistan turns to Sri Lanka for dry date exports

Aug 6, 2019

(FASTNEWS|COLOMBO) - After imposition of 200 per cent duties by India on Pakistan’s exports during recent escalation of tensions, the ... Read More

Pro Food – Pro Pack 2019 notches 25% more visitors

Pro Food – Pro Pack 2019 notches 25% more visitors

Aug 5, 2019

(FASTNEWS|COLOMBO) - Sri Lanka’s most comprehensive food and packaging International trade fair the Profood Propack and Agbiz 2019 expo launched ... Read More