Indian company says investment in Lankan oil plant is at a very preliminary stage
(FASTNEWS|COLOMBO) – Jagathrakshakan S, the senior leader of India’s Dravida Munnetra Kazhagam (DMK) whose family owns the company that recently…
Category: BUSINESS
‘Sancharaka Udawa’ expo from June 7
(FASTNEWS|COLOMBO) – The 9th edition of ‘Sancharaka Udawa’ the premier Tourism and Travel Exhibition, organized by Sri Lanka Association of…
Cathay Pacific to buy budget airline Hong Kong Express
(FASTNEWS|COLOMBO) – Cathay Pacific will buy low-cost carrier Hong Kong Express for $4.93bn Hong Kong dollars ($628m). The purchase will…
Customs’ arbitrary decisions force VIAL to stop ‘Wagon-R’ imports
(FASTNEWS|COLOMBO) – The Vehicle Importers’ Association of Lanka (VIAL) said yesterday they had decided to stop the importation of ‘Suzuki…
Minister Bathiudeen pleased to be part of Sri Lanka – Oman oil refinery project
(FASTNEWS|COLOMBO) – Minister Rishad Bathiudeen on Sunday (24) stated that he was pleased to be part of the Sri Lanka…
Sri Lanka say Oman Minister has arrived for refinery project launch
(FASTNEWS|COLOMBO) – Oman’s Oil Minister arrived in Sri Lanka on Saturday (23) to participate in the launching of a USD…
Oman denies it has agreed to invest in Sri Lanka oil refinery project
(FASTNEWS|COLOMBO) – Oman’s Oil Ministry on Wednesday (20) denied being part of a USD 3.85 billion plan to build an…
Singapore rejects President’s allegation on Mahendran
(FASTNEWS|COLOMBO) – Singapore rejected Wednesday (20), President Maithripala Sirisena’s allegation it was sheltering a former Central Bank Chief wanted for…
Sri Lanka Tourism Promotion Bureau holds road-show in Moscow
(FASTNEWS|COLOMBO) – Dr. Dayan Jayatilleka, Ambassador Extraordinary and Plenipotentiary of the Democratic Socialist Republic of Sri Lanka to the Russian…
Kabul calls to revive trade with Sri Lanka
(FASTNEWS|COLOMBO) – Buoyed by its unprecedented victory in latest global Doing Business ranks, Afghanistan has called to open a direct…
Colour coding mandatory for biscuits, sweetmeats from 02 April
(FASTNEWS|COLOMBO) – A Colour Code System according to the fat, salt, and sugar content of the foods and beverages, including biscuits…
Top US General underscores heavy Chinese debts of Sri Lanka
(FASTNEWS|COLOMBO) – The United States military has said that China used predatory debt tactics on some countries, including Sri Lanka.…
Milk powder prices increased as per newly-introduced pricing formula
(FASTNEWS|COLOMBO) – The prices of imported milk powder have been increased as per the newly-introduced pricing formula. Accordingly, the price…
Sri Lanka welcomes more Chinese investment
(FASTNEWS|COLOMBO) – Sri Lanka looks forward to benefiting more from the China-proposed Belt and Road Initiative and is ready to…
Department of Motor Traffic opens on Saturdays
(FASTNEWS|COLOMBO) – The Department of Motor Traffic and the National Transport Medical Institute will function on Saturdays aiming to in…