Category: BUSINESS

SLTB bus fares to be reduced by 2%

SLTB bus fares to be reduced by 2%

Nov 8, 2018

(FASTNEWS|COLOMBO) - The National Transport Commission (NTC) has decided to reduce the bus fares of Sri Lanka Transport Board (SLTB) ... Read More

Tourists giving Sri Lanka a miss amid its political crisis

Tourists giving Sri Lanka a miss amid its political crisis

Nov 7, 2018

(FASTNEWS|COLOMBO) - A political crisis in Sri Lanka, where two Prime Ministers are fighting for power, is scaring away tourists ... Read More

Vegetable prices up

Vegetable prices up

Nov 7, 2018

(FASTNEWS|COLOMBO) - The price of vegetables in the Dambulla Economic Center has been increased by 80 per cent today (07). ... Read More

Oil slips as U.S. sanctions on Iran begin, Tehran defiant

Oil slips as U.S. sanctions on Iran begin, Tehran defiant

Nov 5, 2018

(FASTNEWS|COLOMBO) - Oil prices fell on Monday as U.S. sanctions against Iran’s fuel exports were softened by waivers allowing major ... Read More

Rupee stability: Growth should be over 5 per cent next year

Rupee stability: Growth should be over 5 per cent next year

Nov 4, 2018

(FASTNEWS|COLOMBO) - The immediate priority of the Government was to see that the Rupee stabilizes at a reasonable level now ... Read More

Lanka IOC revised fuel prices

Lanka IOC revised fuel prices

Nov 2, 2018

(FASTNEWS|COLOMBO) - Lanka IOC (LIOC), the IndianOil's subsidiary in Sri Lanka, has reduced the prices of Lanka Auto Diesel (LAD) ... Read More

Finance Ministry reduces prices, taxes of several essentials [FULL STATEMENT]

Finance Ministry reduces prices, taxes of several essentials [FULL STATEMENT]

Nov 1, 2018

(FASTNEWS|COLOMBO) - Special Commodity Levy on a kilo of dhal was reduced by Rs. 5.00, chickpeas by Rs. 5.00 and ... Read More

Sri Lankan rupee hits record low against US dollar

Sri Lankan rupee hits record low against US dollar

Nov 1, 2018

(FASTNEWS|COLOMBO) – Sri Lankan Rupee depreciates to a new record low against US dollar today (01) as Central Bank of Srilanka ... Read More

Three-wheeler fares to reduce from tomorrow

Three-wheeler fares to reduce from tomorrow

Oct 31, 2018

(FASTNEWS|COLOMBO) - Fare from the second kilometre in three-wheelers will be reduced by Rs. 5.00 with effect from Thursday (01), ... Read More

Sri Lanka rupee hits record low of 176.25 per dollar

Sri Lanka rupee hits record low of 176.25 per dollar

Oct 31, 2018

(FASTNEWS|COLOMBO) – Sri Lankan Rupee depreciates to a new record low against US dollar today (31) as Central Bank of ... Read More

Sri Lankan rupee hits record low against US dollar

Sri Lankan rupee hits record low against US dollar

Oct 30, 2018

(FASTNEWS|COLOMBO) – Sri Lankan Rupee depreciates to a new record low against US dollar today (30) as Central Bank of ... Read More

Colombo Harbour to hit 7 mn TUE handling mark

Colombo Harbour to hit 7 mn TUE handling mark

Oct 29, 2018

(FASTNEWS|COLOMB) - Colombo Harbour is on track to record an all-time record of handling around 7 million TUE’s end of ... Read More

Canteen Owners reduces prices of food items effective today

Canteen Owners reduces prices of food items effective today

Oct 29, 2018

(FASTNEWS|COLOMBO) - The All Island Canteen Owners’ Association (AICOA) on Sunday (28) reduced the prices of food and plain tea ... Read More

ADB provides USD 50 million for health system enhancement project

ADB provides USD 50 million for health system enhancement project

Oct 26, 2018

(FASTNEWS|COLOMBO) - The Government has mobilised Grant and Concessional Loan assistance amounting to USD 50 million from the Asian Development ... Read More

Tourism industry ready for next leap – PM

Tourism industry ready for next leap – PM

Oct 25, 2018

(FASTNEWS|COLOMBO) - Prime Minister Ranil Wickremesinghe expressed satisfaction in Sri Lanka being named as the Top Destination for 2019 by ... Read More