Category: BUSINESS

A deceive meeting on bus fare revision today

A deceive meeting on bus fare revision today

Dec 24, 2018

(FASTNEWS|COLOMBO) - A special meeting between the Minister of Finance Mangala Samaraweera and the Representatives of the Executive Committee of ... Read More

A deceive meeting on bus fare revision next week

A deceive meeting on bus fare revision next week

Dec 22, 2018

(FASTNEWS|COLOMBO) - A special meeting between the Minister of Finance Mangala Samaraweera and the Representatives of the Executive Committee of ... Read More

Lanka IOC reduces fuel prices

Lanka IOC reduces fuel prices

Dec 22, 2018

(FASTNEWS|COLOMBO) - Lanka IOC PLC, the IndianOil’s subsidiary in Sri Lanka, has reduced fuel prices in line with the fuel ... Read More

“Fuel prices reduced effective from midnight,” Premier says

“Fuel prices reduced effective from midnight,” Premier says

Dec 21, 2018

(FASTNEWS|COLOMBO) - Prime Minister Ranil Wickremesinghe making a special statement in Parliament on Friday (21) stated that the fuel prices ... Read More

“Fuel price formula to be reinstated” – Finance Minister

“Fuel price formula to be reinstated” – Finance Minister

Dec 20, 2018

(FASTNEWS|COLOMBO) - The fuel price formula will be reinstated by the incumbent Government, the newly-appointed Minister of Finance Mangala Samaraweera ... Read More

Oil firms on drop in US crude stocks, market awaits OPEC/Russia supply decision

Oil firms on drop in US crude stocks, market awaits OPEC/Russia supply decision

Dec 7, 2018

(FASTNEWS|COLOMBO) - US oil prices stabilised on Friday, buoyed by a fall in U.S. crude oil inventories, but sentiment remained ... Read More

Fitch downgrades Sri Lanka’s debt rating amid political crisis

Fitch downgrades Sri Lanka’s debt rating amid political crisis

Dec 4, 2018

(FASTNEWS|COLOMBO) - Fitch has downgraded Sri Lanka’s long-term debt rating in the latest blow to the country as it grapples ... Read More

Special Commodity Levy on imported onions, potatoes reduced

Special Commodity Levy on imported onions, potatoes reduced

Dec 3, 2018

(FASTNEWS|COLOMBO) - The Special Commodity Levy on imported onions and potatoes has been reduced by Rs. 20.00 per kilogram with ... Read More

LKR appreciates against USD – Central Bank

LKR appreciates against USD – Central Bank

Dec 3, 2018

(FASTNEWS|COLOMBO) - Sri Lankan Rupee (LKR) has appreciated to Rs.180.90 against the United States Dollar (USD) comparing to previous selling ... Read More

Three-wheeler fare reduce by Rs. 10 from Monday

Three-wheeler fare reduce by Rs. 10 from Monday

Dec 1, 2018

(FASTNEWS|COLOMBO) - Lanka Self-Employed Three-Wheeler Operators’ Union on Saturday (01) stated that it has decided to reduce the fare for ... Read More

Term of PCOI on Mihin Lanka, SriLankan extended

Term of PCOI on Mihin Lanka, SriLankan extended

Dec 1, 2018

(FASTNEWS|COLOMBO) - President Maithripala Sirisena has issued a Special Gazette Notification extending the term of the Presidential Commission of Inquiry ... Read More

Fuel prices to reduce from Rs. 5 – Finance Ministry

Fuel prices to reduce from Rs. 5 – Finance Ministry

Nov 30, 2018

(FASTNEWS|COLOMBO) - The Finance Ministry has decided to reduce the prices of all kinds of fuel from Rs. 5.00 with ... Read More

Qatar Chamber, Sri Lanka review co-operation in employment

Qatar Chamber, Sri Lanka review co-operation in employment

Nov 28, 2018

(FASTNEWS|COLOMBO) - Qatar Chamber and Sri Lanka’s Ministry of Foreign Employment held a meeting on Monday (26) to discuss co-operation ... Read More

Chinese company-constructed LPG Terminal at Hambantota Port completed

Chinese company-constructed LPG Terminal at Hambantota Port completed

Nov 26, 2018

(FASTNEWS|COLOMBO) - The Chinese Company constructed Liquefied Petroleum Gas (LPG) Terminal in the Hambantota Port in the South of Sri ... Read More

5-Year tax reduction for agri-product income

5-Year tax reduction for agri-product income

Nov 24, 2018

(FASTNEWS|COLOMBO) - A five-year tax exemption on agro industry with an income tax reduction from 28 per cent to 14 ... Read More