SriLankan Airlines to resume services to Karachi
(FASTNEWS|COLOMBO) – SriLankan Airlines is to resume services to Pakistan’s commercial capital Karachi on Saturday (01). Sri Lanka’s National Carrier…
Category: BUSINESS
More relief under ‘Enterprise Sri Lanka’
(FASTNEWS|COLOMBO) – The Government has decided to grant financial facilities for 8 new loan schemes thereby further widening the Government’s…
SriLankan Catering posts Rs. 5.7 bn net profit
(FASTNEWS|COLOMBO) – SriLankan Catering Ltd. has recorded a steady financial performance for the financial year ended 31st March 2019 with…
Government willing to reduce indirect taxes
(FASTNEWS|COLOMBO) – The Commissioner of the Department of Inland Revenue says the government is willing to reduce the Value Added…
Sancharaka-Poddo : NEW RELIEF PACKAGE FOR INFORMAL TOURISM SECTOR
(FASTNEWS|COLOMBO) – Titled “Sancharaka-Poddo’ the Government yesterday announced a special relief package with a total interest subsidy cost worth Rs.…
Sri Lanka, Japan, India sign deal to develop East Container Terminal at Colombo Port
(FASTNEWS|COLOMBO) – Sri Lanka, Japan, and India on Tuesday (28) signed an agreement to jointly develop the East Container Terminal…
SLTDA removes MRR imposed on Colombo City Hotels
(FASTNEWS|COLOMBO) – The Sri Lanka Tourism Development Authority (SLTDA) on Monday (27) decided to remove the Minimum Room Rate (MRR)…
Tenure of Presidential Commission on SriLankan and Mihin Lanka extended
(FASTNEWS|COLOMBO) – President Maithripala Sirisena has extended the term of Office of the Presidential Commission to inquire into allegations of…
Drug prices revised due to Rupee depreciation
(FASTNEWS|COLOMBO) – The prices of 64 drugs had been revised due to the appreciation of the value of the Dollar…
US-China trade war: Shoe giants urge Trump to end tariffs
(FASTNEWS|COLOMBO) – Some of the world’s biggest footwear firms are urging Donald Trump to end the US trade war with…
Trump says Huawei could be part of trade deal
(FASTNEWS|COLOMBO) – US President Donald Trump has said Huawei could be part of a trade deal between the US and…
Japan and India to develop Colombo Port, countering Belt and Road
(FASTNEWS|COLOMBO) – The Governments of Japan, India, and Sri Lanka have agreed to jointly develop the Port of Colombo, Nikkei…
Pakistan’s trade with Sri Lanka comes to a halt
(FASTNEWS|COLOMBO) – Trade between Pakistan and Sri Lanka has come to a screeching halt, the Pakistan-based The Express Tribune reported.…
Google restricts Huawei’s use of Android
(FASTNEWS|COLOMBO) – Google has barred phone maker Huawei off from some updates to the Android operating system, dealing a blow…
Import levy on big onions increased
(FASTNEWS|COLOMBO) – The import levy on big onions has been increased by Rs. 20 per kilogramme, the Minister of Agriculture,…