Category: BUSINESS
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 ... Read More
‘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 ... Read More
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 be ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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 ... Read More
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. ... Read More
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 ... Read More
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 ... Read More
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 ... Read More