Defamation of Minister Rishad results in compensation demand
(FASTNEWS|COLOMBO) – The Minister of Industry and Commerce has claimed Rs. 1 billion compensation with regard to a statement broadcasted…
Category: BUSINESS
Term of Presidential Commission on SriLankan Airlines extended
(FASTNEWS|COLOMBO) – President Maithripala Sirisena has issued a Gazette Notification on Thursday (07) extending the term of Office of the…
UK to provide GBP 49 million worth of support to develop infrastructure in Sri Lanka
(FASTNEWS|COLOMBO) – International Trade Secretary Liam Fox has today announced United Kingdom Export Finance (UKEF) will provide GBP 49 million…
Imported milk powder is safe – Govt. assures
(FASTNEWS|COLOMBO) – The Ministry of Health, Nutrition and Indigenous Medicine on Thursday (07) announced that imported milk powder is safe…
Plantation Workers Wages: Discussion ended without agreement
(FASTNEWS|COLOMBO) – The discussion held on Thursday (07) at the Prime Minister’s Office on wages of Plantation workers, has ended…
Central Bank warns of ATM card fraud; Urges public to be vigilant
(FASTNEWS|COLOMBO) – The Central Bank of Sri Lanka on Wednesday (06) informed public to exercise due care and vigilance when…
![2019 Appropriation Bill presented in Parliament [UPDATE]](https://english.fastnews.lk/wp-content/uploads/2019/01/Budget-2019.jpg)
2019 Appropriation Bill presented in Parliament [UPDATE]
(FASTNEWS|COLOMBO) – UPDATE: The 2019 Appropriation Bill was presented to Parliament on Tuesday (05). According to the Bill, the total…
Import Levies on potatoes and maize increased
(FASTNEWS|COLOMBO) – The Import Levy on one kilogramme of potatoes has been increased by Rs. 30, while the Import Levy…
Sri Lanka to borrow USD 1 billion from China for highway project
(FASTNEWS|COLOMBO) – Sri Lanka, which last year handed over a strategic port to a Chinese firm for a 99-year lease…
Sri Lanka High Commission in Singapore launches Mobile Service
(FASTNEWS|COLOMBO) – The Sri Lanka High Commission in Singapore launched its first Mobile Service at Srilankaramaya Temple premises in Singapore…
Sri Lanka – China FTA to be signed this year
(FASTNEWS|COLOMBO) – The Free Trade Agreement (FTA) between Sri Lanka and China is expected to be signed this year, China…
Appointments of Chairmen for State-owned tourism bodies postponed
(FASTNEWS|COLOMBO) – Several well-placed sources speculated that the appointment of Chairmen for all State-owned Tourism Institutes has been postponed following…
Lanka Sathosa scales beyond 400 branches
(FASTNEWS|COLOMBO) – Lanka Sathosa, the country’s largest State-owned retail chain, has expanded its branch network beyond the 400 milestone and…
Liquor prices revised
(FASTNEWS|COLOMBO) – Prices of several liquor products of the Distilleries Company of Sri Lanka (DCSL) were revised on Monday (28)…
Sri Lanka’s footwear sector tributes Industry Minister
(FASTNEWS|COLOMBO) – For the first time in the history of Sri Lanka’s USD 550 million footwear and leather sector, the…