Category: BUSINESS

Rs.10 bn from budget to buy stents and lenses – Rajitha

Rs.10 bn from budget to buy stents and lenses – Rajitha

Mar 5, 2019

(FASTNEWS|COLOMBO) - It is proposed to obtain Rs. 10.5 billion from the budget to purchase heart stents, eye lenses etc, ... Read More

MINISTER PUTS FINAL TOUCHES TO BUDGET – 2019

MINISTER PUTS FINAL TOUCHES TO BUDGET – 2019

Mar 4, 2019

(FASTNEWS|COLOMBO) - Finance Minister Mangala Samaraweera in conversation with Treasury Secretary Dr. R.H.S. Samaratunga while putting the final touches to ... Read More

WORK ON COUNTRY’S BIGGEST EPZ BEGINS TODAY

WORK ON COUNTRY’S BIGGEST EPZ BEGINS TODAY

Mar 4, 2019

(FASTNEWS|COLOMBO) - Work on the Bingiriya Export Processing Zone (EPZ), the biggest EPZ in Sri Lanka, will be launched under ... Read More

ADB disburses first tranche of $ 75 mn MSME development lending

ADB disburses first tranche of $ 75 mn MSME development lending

Mar 4, 2019

(FASTNEWS|COLOMBO) - The ADB has completed the disbursement of $ 25 million which is the first tranche of the additional ... Read More

Sri Lanka to promote tourism via China Southern Airlines

Sri Lanka to promote tourism via China Southern Airlines

Mar 2, 2019

(FASTNEWS|COLOMBO) - Consul General of Sri Lanka in Guangzhou, Priyangika Dharmasena met with Senior Vice President of International and Corporate ... Read More

“Northern economy to be linked to exports via its robust youth” – Minister Rishad Bathiudeen

“Northern economy to be linked to exports via its robust youth” – Minister Rishad Bathiudeen

Mar 1, 2019

(FASTNEWS|COLOMBO) - One of the lowest provincial contributors to its national GDP, Sri Lanka’s Northern Province is to be linked ... Read More

IMF agrees to extend Sri Lanka’s USD 1.5 billion loan facility by one-year

IMF agrees to extend Sri Lanka’s USD 1.5 billion loan facility by one-year

Mar 1, 2019

(FASTNEWS|COLOMBO) - The International Monetary Fund (IMF) on Friday (01) said it has reached an agreement with Sri Lanka to ... Read More

Maersk to increase container handling in Sri Lanka

Maersk to increase container handling in Sri Lanka

Feb 28, 2019

(FASTNEWS|COLOMBO) - President Maithripala Sirisena said that the government would facilitate multi-national companies such as Maersk A/S to expand container ... Read More

Free Visa for tourists

Free Visa for tourists

Feb 28, 2019

(FASTNEWS|COLOMBO) - The Cabinet of Ministers on Wednesday (27) approved to issue Visas free of charge for foreigners. Accordingly, tourists ... Read More

Port City gets ISO 9001:2015 certification

Port City gets ISO 9001:2015 certification

Feb 28, 2019

(FASTNEWS|COLOMBO) - CHEC Port City Colombo has been awarded ISO 9001:2015 certification for the Quality Management System (QMS), adopted by ... Read More

Pro-Food Pro-Pack Exhibition series becomes country’s largest industry and manufacturing expo

Pro-Food Pro-Pack Exhibition series becomes country’s largest industry and manufacturing expo

Feb 27, 2019

(FASTNEWS|COLOMBO) - Eighteen years since it was initially launched and thereafter driven by the Sri Lanka’s Industry and Commerce Ministry, ... Read More

President emphasises the need of promptly providing relief to the depositors of ETI

President emphasises the need of promptly providing relief to the depositors of ETI

Feb 27, 2019

(FASTNEWS|COLOMBO) - President Maithripala Sirisena emphasised the need of promptly providing relief to the depositors of the ETI Finance Limited. ... Read More

Upali Marasinghe appointed new SLTB Chairman

Upali Marasinghe appointed new SLTB Chairman

Feb 27, 2019

(FASTNEWS|COLOMBO) - Upali Marasinghe on Wednesday (27) assumed duties as the Chairman of the Sri Lanka Transport Board (SLTB). Read More

Sri Lanka seeks greater pharma market access in Afghanistan

Sri Lanka seeks greater pharma market access in Afghanistan

Feb 27, 2019

(FASTNEWS|COLOMBO) - Discussions will continue with the Afghan Ministry of Public Health seeking potential market in Afghanistan for the products ... Read More

SLTB Chairman resigns

SLTB Chairman resigns

Feb 26, 2019

(FASTNEWS|COLOMBO) - The Chairman of the Sri Lanka Transport Board (SLTB) Ramal Siriwardane has tendered his resignation on Tuesday (26). ... Read More