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Category: BUSINESS

Rs.10 bn from budget to buy stents and lenses – Rajitha
BUSINESSLOCAL
byFastnewsMar 5, 2019Mar 5, 2019

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

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

MINISTER PUTS FINAL TOUCHES TO BUDGET – 2019
BUSINESS
byFastnewsMar 4, 2019Mar 4, 2019

MINISTER PUTS FINAL TOUCHES TO BUDGET – 2019

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

WORK ON COUNTRY’S BIGGEST EPZ BEGINS TODAY
BUSINESS
byFastnewsMar 4, 2019Mar 4, 2019

WORK ON COUNTRY’S BIGGEST EPZ BEGINS TODAY

(FASTNEWS|COLOMBO) – Work on the Bingiriya Export Processing Zone (EPZ), the biggest EPZ in Sri Lanka, will be launched under…

ADB disburses first tranche of $ 75 mn MSME development lending
BUSINESS
byFastnewsMar 4, 2019

ADB disburses first tranche of $ 75 mn MSME development lending

(FASTNEWS|COLOMBO) – The ADB has completed the disbursement of $ 25 million which is the first tranche of the additional…

Sri Lanka to promote tourism via China Southern Airlines
BUSINESSLOCALTOP STORY 1
byNews EditorMar 2, 2019Mar 2, 2019

Sri Lanka to promote tourism via China Southern Airlines

(FASTNEWS|COLOMBO) – Consul General of Sri Lanka in Guangzhou, Priyangika Dharmasena met with Senior Vice President of International and Corporate…

“Northern economy to be linked to exports via its robust youth” – Minister Rishad Bathiudeen
BUSINESSLOCALTOP STORY 1
byNews EditorMar 1, 2019Mar 1, 2019

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

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

IMF agrees to extend Sri Lanka’s USD 1.5 billion loan facility by one-year
BUSINESSLOCAL
byNews EditorMar 1, 2019Mar 1, 2019

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

(FASTNEWS|COLOMBO) – The International Monetary Fund (IMF) on Friday (01) said it has reached an agreement with Sri Lanka to…

Maersk to increase container handling in Sri Lanka
BUSINESSLOCAL
byNews EditorFeb 28, 2019Feb 28, 2019

Maersk to increase container handling in Sri Lanka

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

Free Visa for tourists
BUSINESSLOCAL
byNews EditorFeb 28, 2019Feb 28, 2019

Free Visa for tourists

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

Port City gets ISO 9001:2015 certification
BUSINESSLOCALTOP STORY 1
byNews EditorFeb 28, 2019Feb 28, 2019

Port City gets ISO 9001:2015 certification

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

Pro-Food Pro-Pack Exhibition series becomes country’s largest industry and manufacturing expo
BUSINESSLOCALTOP STORY 1
byNews EditorFeb 27, 2019Feb 27, 2019

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

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

President emphasises the need of promptly providing relief to the depositors of ETI
BUSINESSLOCALTOP STORY 1
byNews EditorFeb 27, 2019Feb 27, 2019

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

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

Upali Marasinghe appointed new SLTB Chairman
BUSINESSLOCAL
byNews EditorFeb 27, 2019Feb 27, 2019

Upali Marasinghe appointed new SLTB Chairman

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

Sri Lanka seeks greater pharma market access in Afghanistan
BUSINESSLOCAL
byNews EditorFeb 27, 2019Feb 27, 2019

Sri Lanka seeks greater pharma market access in Afghanistan

(FASTNEWS|COLOMBO) – Discussions will continue with the Afghan Ministry of Public Health seeking potential market in Afghanistan for the products…

SLTB Chairman resigns
BUSINESSLOCAL
byNews EditorFeb 26, 2019Feb 26, 2019

SLTB Chairman resigns

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

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