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A deceive meeting on bus fare revision today
BUSINESSLOCALTOP STORY 1
byNews EditorDec 24, 2018Dec 24, 2018

A deceive meeting on bus fare revision today

(FASTNEWS|COLOMBO) – A special meeting between the Minister of Finance Mangala Samaraweera and the Representatives of the Executive Committee of…

A deceive meeting on bus fare revision next week
BUSINESSLOCALTOP STORY 1
byNews EditorDec 22, 2018Dec 22, 2018

A deceive meeting on bus fare revision next week

(FASTNEWS|COLOMBO) – A special meeting between the Minister of Finance Mangala Samaraweera and the Representatives of the Executive Committee of…

Lanka IOC reduces fuel prices
BUSINESSLOCAL
byNews EditorDec 22, 2018Dec 22, 2018

Lanka IOC reduces fuel prices

(FASTNEWS|COLOMBO) – Lanka IOC PLC, the IndianOil’s subsidiary in Sri Lanka, has reduced fuel prices in line with the fuel…

“Fuel prices reduced effective from midnight,” Premier says
BUSINESSLOCALTOP STORY 1
byNews EditorDec 21, 2018Dec 21, 2018

“Fuel prices reduced effective from midnight,” Premier says

(FASTNEWS|COLOMBO) – Prime Minister Ranil Wickremesinghe making a special statement in Parliament on Friday (21) stated that the fuel prices…

“Fuel price formula to be reinstated” – Finance Minister
BUSINESSLOCAL
byNews EditorDec 20, 2018Dec 20, 2018

“Fuel price formula to be reinstated” – Finance Minister

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

Oil firms on drop in US crude stocks, market awaits OPEC/Russia supply decision
BUSINESSFOREIGNLatest News
byFastnewsDec 7, 2018

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

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

Fitch downgrades Sri Lanka’s debt rating amid political crisis
BUSINESSLOCAL
byNews EditorDec 4, 2018

Fitch downgrades Sri Lanka’s debt rating amid political crisis

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

Special Commodity Levy on imported onions, potatoes reduced
BUSINESSLOCAL
byNews EditorDec 3, 2018

Special Commodity Levy on imported onions, potatoes reduced

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

LKR appreciates against USD – Central Bank
BUSINESSLOCAL
byNews EditorDec 3, 2018

LKR appreciates against USD – Central Bank

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

Three-wheeler fare reduce by Rs. 10 from Monday
BUSINESSLOCAL
byNews EditorDec 1, 2018

Three-wheeler fare reduce by Rs. 10 from Monday

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

Term of PCOI on Mihin Lanka, SriLankan extended
BUSINESSLOCAL
byNews EditorDec 1, 2018Dec 1, 2018

Term of PCOI on Mihin Lanka, SriLankan extended

(FASTNEWS|COLOMBO) – President Maithripala Sirisena has issued a Special Gazette Notification extending the term of the Presidential Commission of Inquiry…

Fuel prices to reduce from Rs. 5 – Finance Ministry
BUSINESSLOCALTOP STORY 1
byNews EditorNov 30, 2018Nov 30, 2018

Fuel prices to reduce from Rs. 5 – Finance Ministry

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

Qatar Chamber, Sri Lanka review co-operation in employment
BUSINESSLOCAL
byNews EditorNov 28, 2018

Qatar Chamber, Sri Lanka review co-operation in employment

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

Chinese company-constructed LPG Terminal at Hambantota Port completed
BUSINESSLOCALTOP STORY 1
byNews EditorNov 26, 2018

Chinese company-constructed LPG Terminal at Hambantota Port completed

(FASTNEWS|COLOMBO) – The Chinese Company constructed Liquefied Petroleum Gas (LPG) Terminal in the Hambantota Port in the South of Sri…

5-Year tax reduction for agri-product income
BUSINESSLOCAL
byNews EditorNov 24, 2018Nov 24, 2018

5-Year tax reduction for agri-product income

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

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