Category: BUSINESS
India pledges USD 1.3 billion for development of Sri Lanka railway
(FASTNEWS|COLOMBO) - India has so far committed Lines of Credit worth around USD 1.3 billion for development of railway sector ... Read More
President informs Singapore Premier of moves to amend FTA
(FASTNEWS|COLOMBO) - President Maithripala Sirisena who is on a two-day official visit to Singapore held bilateral discussions with Prime Minister ... Read More
Committee report on SriLankan Airlines to President today
(FASTNEWS|COLOMBO) - Twelve-member Committee appointed by President Maithripala Sirisena to recommend policy for future of SriLankan Airlines has completed the ... Read More
“Sri Lanka handlooms go hi-tech after decades” – Minister Bathiudeen
(FASTNEWS|COLOMBO) - Sri Lanka’s textile and handlooms sector gets a major upgrade this year after many decades when a global ... Read More
EDB seeks green light from China for Organic vegetable and fruit
(FASTNEWS|COLOMBO) - Sri Lanka Export Development Board (EDB) has made a formal request to the Quarantine Authorities of China for ... Read More
Colombo Port City: Bidding to be completed by May
(FASTNEWS|COLOMBO) - Many investors across the globe have shown a keen interest in bidding and investing in the Colombo Port ... Read More
IRRI and Sri Lanka sign a 5-year action plan
(FASTNEWS|COLOMBO) - President Maithripala Sirisena signed a five-year action plan between the International Rice Research Institute (IRRI) in Los Baños, ... Read More
South Asia’s leading E-Company Registration opens Monday
(FASTNEWS|COLOMBO) - The second stage of South Asia’s most sophisticated, national scale electronic company registration will commence when Sri Lanka’s ... Read More
ADB to provide USD 445 million-assistance to Sri Lanka
(FASTNEWS|COLOMBO) - The President of the Asian Development Bank (ADB) has promised to President Maithripala Sirisena to provide a total ... Read More
Economic Council to revive trade relations between Sri Lanka and the Philippines
(FASTNEWS|COLOMBO) - The two Heads of State have focused on establishing an Economic Council to revive economic and trade relations ... Read More
Cooperative allegations proved false [VIDEO]
(FASTNEWS|COLOMBO) - The Sri Lankan consumer can benefit only when the small scale rice miller is safeguarded. “We praise Minister ... Read More
Carbon Tax imposed on motor vehicles from Jan. 01
(FASTNEWS|COLOMBO) - A Carbon Tax has been imposed on motor vehicles with effect from 01 January, 2019. The Carbon Tax ... Read More
All Ceylon Farmers’ Federation commends Minister Bathiudeen’s efforts to resolve concerns [VIDEO]
(FASTNEWS|COLOMBO) - The National Organiser of the All Ceylon Farmers’ Federation, Namal Karunaratne commended the Minister of Industry and Commerce, ... Read More
Basic salary of State sector to increase?
(FASTNEWS|COLOMBO) - The Ministry of Finance states that the public servants salaries will be increased from Rs. 2500 to Rs. ... Read More
Sri Lanka rupee ends weaker on importer, bank dollar demand; stocks at 6-week low
(FASTNEWS|COLOMBO) - Sri Lanka’s rupee ended weaker on Tuesday as importer dollar demand and continued outflows of foreign funds from ... Read More