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Category: BUSINESS

Recession fears prompt selling in global stock markets
BUSINESS
byFastnewsAug 15, 2019

Recession fears prompt selling in global stock markets

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

New regulations for online food ordering and delivery services
BUSINESSLOCAL
byNews EditorAug 15, 2019

New regulations for online food ordering and delivery services

(FASTNEWS|COLOMBO) – New regulations have been introduced to address the food safety and hygiene issues on online food ordering and…

Lanka IOC increases fuel prices
BUSINESSLOCAL
byNews EditorAug 14, 2019Aug 14, 2019

Lanka IOC increases fuel prices

(FASTNEWS|COLOMBO) – Lanka IOC, the IndianOil’s subsidiary in Sri Lanka, has decided to increase fuel prices in line with fuel…

Fuel prices increased
BUSINESSLOCALTOP STORY 1
byadminAug 13, 2019

Fuel prices increased

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

Saudi Aramco’s H1 net income at $46.9B
BUSINESS
byFastnewsAug 13, 2019

Saudi Aramco’s H1 net income at $46.9B

(FASTNEWS|COLOMBO) – Saudi energy giant Aramco said on Monday its first half net income for 2019 slipped nearly 12 per…

Fuel Pricing Committee to convene today
BUSINESSLOCALTOP STORY 1
byNews EditorAug 13, 2019Aug 13, 2019

Fuel Pricing Committee to convene today

(FASTNEWS|COLOMBO) – Fuel Pricing Committee is scheduled to convene at the Ministry of Finance this afternoon (13).

“Time to revive SMEs affected by Easter Sunday attacks” – Minister Rishad
BUSINESSLOCALTOP STORY 1
byNews EditorAug 13, 2019

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

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

Argentine peso and markets plunge after shock vote
BUSINESS
byFastnewsAug 13, 2019

Argentine peso and markets plunge after shock vote

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

SriLankan Airlines suspends operations to Cochin due to floods
BUSINESSLOCAL
byNews EditorAug 9, 2019Aug 9, 2019

SriLankan Airlines suspends operations to Cochin due to floods

(FASTNEWS|COLOMBO) – SriLankan Airlines has suspended operations to Cochin, India till Sunday (11), following the closure of the Airport due…

Sri Lanka’s trade talks with fastest growing Asian economy later this year
BUSINESSLOCALTOP STORY 1
byNews EditorAug 8, 2019

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

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

Russia ready to assist Sri Lanka’s power sector
BUSINESSLOCALTOP STORY 1
byNews EditorAug 8, 2019

Russia ready to assist Sri Lanka’s power sector

(FASTNEWS|COLOMBO) – The Russian Government is ready to extend assistance towards further development of the electricity sector, Russian Ambassador Yuru…

Sri Lanka’s largest direct entrepreneur program gets ready to roll out
BUSINESSLOCAL
byNews EditorAug 7, 2019Aug 7, 2019

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

(FASTNEWS|COLOMBO) – To develop entrepreneurship in Sri Lanka to much greater levels, the Ministry of industry and Commerce, with the…

Govt. helps biz map Indian entry
BUSINESS
byFastnewsAug 6, 2019

Govt. helps biz map Indian entry

(FASTNEWS|COLOMBO) – To help Sri Lankan companies eyeing the daunting Indian market, the International Trade and Development Strategies Ministry yesterday…

Pakistan turns to Sri Lanka for dry date exports
BUSINESSLOCAL
byNews EditorAug 6, 2019

Pakistan turns to Sri Lanka for dry date exports

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

Pro Food – Pro Pack 2019 notches 25% more visitors
BUSINESSLOCALTOP STORY 1
byNews EditorAug 5, 2019

Pro Food – Pro Pack 2019 notches 25% more visitors

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

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