Category: BUSINESS

Call to make FTA beneficial for both Pakistan, Sri Lanka

Call to make FTA beneficial for both Pakistan, Sri Lanka

Jan 8, 2019

(FASTNEWS|COLOMBO) - High Commissioner of Sri Lanka to Pakistan, Noordeen Mohamed Shaheid has said that terrorism remained a big challenge ... Read More

India delays project to modernise key Sri Lankan Airport

India delays project to modernise key Sri Lankan Airport

Jan 7, 2019

(FASTNEWS|COLOMBO) - An India-led project to modernise a Northern Sri Lankan Airport has been delayed because of political instability, according ... Read More

Final vote on 2019 Budget on Apr. 04

Final vote on 2019 Budget on Apr. 04

Jan 5, 2019

(FASTNEWS|COLOMBO) - The final vote on the 2019 Budget proposals will be held on 04 April, the Ministry of Finance ... Read More

Colombo Light Rail Transit system approved by cabinet

Colombo Light Rail Transit system approved by cabinet

Jan 4, 2019

(FASTNEWS|COLOMBO) - Cabinet approval was granted to enter into a loan agreement of Rs. 200,415 million for a proposed light ... Read More

President instructs Mangala to submit Budget Appropriation Bill on Monday

President instructs Mangala to submit Budget Appropriation Bill on Monday

Jan 3, 2019

(FASTNEWS|COLOMBO) - President Maithripala Sirisena on Wednesday (02) instructed the Minister of Finance Mangala Samaraweera to submit the Budget Appropriation ... Read More

Mangala to submit special Cabinet paper on 2019 Budget today

Mangala to submit special Cabinet paper on 2019 Budget today

Jan 2, 2019

(FASTNEWS|COLOMBO) - Mangala Samaraweera in his capacity as the Finance Minister is expected to submit a special Cabinet paper pertaining ... Read More

Minister Bathiudeen sends greetings to Commonwealth Secretary-General

Minister Bathiudeen sends greetings to Commonwealth Secretary-General

Jan 1, 2019

(FASTNEWS|COLOMBO) - The Minister of Industry and Commerce, Resettlement of Protracted Displaced Persons, and Co-operative Development, Rishad Bathiudeen on Tuesday ... Read More

Samaratunga assumes duties as Finance and Media Secretary

Samaratunga assumes duties as Finance and Media Secretary

Dec 31, 2018

(FASTNEWS|COLOMBO) - Dr. R. H. S. Samaratunga who was reappointed as the Secretary to the Ministry of Finance and Mass ... Read More

Monetary Board leaves policy interest rates unchanged

Monetary Board leaves policy interest rates unchanged

Dec 28, 2018

(FASTNEWS|COLOMBO) - The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 27 December 2018, ... Read More

Sri Lankan Rupee depreciates further against US Dollar

Sri Lankan Rupee depreciates further against US Dollar

Dec 28, 2018

(FASTNEWS|COLOMBO) Sri Lankan Rupee depreciates further against US Dollar today (28) The Rupee was selling at Rs 184.07 against the ... Read More

Sri Lanka will be the Asia’s Best Travel Destination

Sri Lanka will be the Asia’s Best Travel Destination

Dec 27, 2018

(FASTNEWS|COLOMBO) - According to a travellemming.com website, Sri Lanka has become the best destination to travel in the Asian continent. ... Read More

Three-wheel, school vehicle fares reduced from today

Three-wheel, school vehicle fares reduced from today

Dec 27, 2018

(FASTNEWS|COLOMBO) - The minimum charge of three-wheelers raised due to the fuel price hike to Rs. 60 will be reduced ... Read More

Lanka Sathosa steps up relief efforts for flood-hit North

Lanka Sathosa steps up relief efforts for flood-hit North

Dec 27, 2018

(FASTNEWS|COLOMBO) - The Lanka Sathosa network, under the direction of the Minister of Industry and Commerce, Resettlement of Protracted Displaced ... Read More

Sri Lankan Rupee depreciates further against US Dollar

Sri Lankan Rupee depreciates further against US Dollar

Dec 26, 2018

(FASTNEWS|COLOMBO) Sri Lankan Rupee depreciates further against US Dollar today (26) The Rupee was selling at Rs 183.17 against the ... Read More

All liquor shops to be closed tomorrow – Excise Dept.

All liquor shops to be closed tomorrow – Excise Dept.

Dec 24, 2018

(FASTNEWS|COLOMBO) - The Department of Excise on Monday (24) announced that all liquor shops across the country would be closed ... Read More