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Category: BUSINESS

SLTB bus fares to be reduced by 2%
BUSINESSLOCALTOP STORY 1
byNews EditorNov 8, 2018Nov 8, 2018

SLTB bus fares to be reduced by 2%

(FASTNEWS|COLOMBO) – The National Transport Commission (NTC) has decided to reduce the bus fares of Sri Lanka Transport Board (SLTB)…

Tourists giving Sri Lanka a miss amid its political crisis
BUSINESSLOCALTOP STORY 1
byNews EditorNov 7, 2018

Tourists giving Sri Lanka a miss amid its political crisis

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

Vegetable prices up
BUSINESSLatest NewsLOCAL
byFastnewsNov 7, 2018

Vegetable prices up

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

Oil slips as U.S. sanctions on Iran begin, Tehran defiant
BUSINESSFOREIGNLatest News
byFastnewsNov 5, 2018

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

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

Rupee stability: Growth should be over 5 per cent next year
BUSINESSLatest NewsLOCALTOP STORY 1
byFastnewsNov 4, 2018

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

(FASTNEWS|COLOMBO) – The immediate priority of the Government was to see that the Rupee stabilizes at a reasonable level now…

Lanka IOC revised fuel prices
BUSINESSLOCALTOP STORY 1
byNews EditorNov 2, 2018

Lanka IOC revised fuel prices

(FASTNEWS|COLOMBO) – Lanka IOC (LIOC), the IndianOil’s subsidiary in Sri Lanka, has reduced the prices of Lanka Auto Diesel (LAD)…

Finance Ministry reduces prices, taxes of several essentials [FULL STATEMENT]
BUSINESSLOCALTOP STORY 1
byNews EditorNov 1, 2018Nov 1, 2018

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

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

Sri Lankan rupee hits record low against US dollar
BUSINESSLatest NewsLOCAL
byFastnewsNov 1, 2018

Sri Lankan rupee hits record low against US dollar

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

Three-wheeler fares to reduce from tomorrow
BUSINESSLOCAL
byNews EditorOct 31, 2018

Three-wheeler fares to reduce from tomorrow

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

Sri Lanka rupee hits record low of 176.25 per dollar
BUSINESSLatest NewsLOCAL
byFastnewsOct 31, 2018

Sri Lanka rupee hits record low of 176.25 per dollar

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

Sri Lankan rupee hits record low against US dollar
BUSINESSLatest NewsLOCAL
byFastnewsOct 30, 2018Oct 30, 2018

Sri Lankan rupee hits record low against US dollar

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

Colombo Harbour to hit 7 mn TUE handling mark
BUSINESSLatest NewsLOCAL
byFastnewsOct 29, 2018

Colombo Harbour to hit 7 mn TUE handling mark

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

Canteen Owners reduces prices of food items effective today
BUSINESSLOCAL
byNews EditorOct 29, 2018Oct 29, 2018

Canteen Owners reduces prices of food items effective today

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

ADB provides USD 50 million for health system enhancement project
BUSINESSLOCAL
byNews EditorOct 26, 2018

ADB provides USD 50 million for health system enhancement project

(FASTNEWS|COLOMBO) – The Government has mobilised Grant and Concessional Loan assistance amounting to USD 50 million from the Asian Development…

Tourism industry ready for next leap – PM
BUSINESSLatest NewsLOCAL
byFastnewsOct 25, 2018

Tourism industry ready for next leap – PM

(FASTNEWS|COLOMBO) – Prime Minister Ranil Wickremesinghe expressed satisfaction in Sri Lanka being named as the Top Destination for 2019 by…

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