LKR depreciates to over Rs. 180 against USD
(FASTNEWS|COLOMBO) – The Sri Lankan Rupee (LKR) depreciated to over Rs. 180 against the United States Dollar (USD) on Friday…
Category: BUSINESS
Finance Ministry assures debt servicing on time
(FASTNEWS|COLOMBO) – The Government on Wednesday (21) assured all lenders that it will repay the loans that will fall due…
IMF delays Sri Lanka’s loan discussion on political crisis
(FASTNEWS|COLOMBO) – The International Monetary Fund (IMF) said on Tuesday it had delayed discussions on Sri Lanka’s next loan tranche…
“Moody’s downgrade, massive blow to economy,” Harsha says
(FASTNEWS|COLOMBO) – Parliamentarian Harsha de Silva has stated that the decision of Moody’s Investors Service (“Moody’s”) to downgrade the Government…
Moody’s downgrades Sri Lanka’s ratings to B2, changes outlook to stable from negative
(FASTNEWS|COLOMBO) – Moody’s Investors Service (“Moody’s”) on Sunday (20) downgraded the Government of Sri Lanka’s foreign currency issuer and senior…
Agriculture Ministry promotes Prickly Custard Apple
(FASTNEWS|COLOMBO) – Sri Lanka’s first-ever cultivation zone of Prickly Custard Apple (Annona muricata) will be initiated in the Gampaha District…
Norway provides Sri Lanka USD 3.5 Mn. for local empowerment
(FASTNEWS|COLOMBO) – Norway extended support up to 30 million NOK (3.5 million USD) to expand the ongoing project on “Local…
Lanka IOC also revises fuel prices
(FASTNEWS|COLOMBO) – Lanka IOC (LIOC), the IndianOil’s subsidiary in Sri Lanka, has revised its fuel prices with effect from midnight…
Central Bank requests public to be attentive to financial scams/phishing Emails
(FASTNEWS|COLOMBO) – The attention of the Central Bank of Sri Lanka (CBSL) has been drawn to recent grievances received from…
“CEYPETCO Petrol and Diesel prices reduced by Rs. 5,” Gamini Lokuge says
(FASTNEWS|COLOMBO) – Petrol and Diesel prices of the Ceylon Petroleum Corporation (CEYPETCO) will be reduced by Rs. 5.00 per litre…
Fuel prices to be further reduced?
(FASTNEWS|COLOMBO) – Mahinda Rajapaksa on Thursday (15) stated that he will advise the Ministry to reduce fuel prices from tonight.
“Pink Legacy” diamond sells for more than $50M in new world record
(FASTNEWS|COLOMBO) – A rare pink diamond has fetched SFr50.3 million ($50m; £38.5m) at auction, a record price per carat. Pink…
Oil prices fall as Trump counters OPEC plan to cut supply
(FASTNEWS|COLOMBO) – Oil prices fell by more than 1 per cent on Tuesday, with Brent crude sliding below $70 and…
A new programme to resolve issues related to gem and jewellery industry
(FASTNEWS|COLOMBO) – President Maithripala Sirisena says a special programme will be implemented to resolve the issues of the gem and…
Ministerial subjects for several key Ministries changed
(FASTNEWS|COLOMBO) – The Ministerial subjects for several key Ministries have been changed in the Extraordinary Gazette issued recently.