Category: BUSINESS

Sri lanka named no.1 country in the world for 2019

Sri lanka named no.1 country in the world for 2019

Oct 23, 2018

(FASTNEWS|COLOMBO) Lonely Planet has unveiled the top best travel destinations for 2019 in a new book. The travel guide book ... Read More

Sri Lankan Rupee depreciates further against US Dollar

Sri Lankan Rupee depreciates further against US Dollar

Oct 23, 2018

(FASTNEWS|COLOMBO) Sri Lankan Rupee depreciates further against US Dollar today (23). Central Bank of Srilanka (CBSL) selling rate closed at ... Read More

20% Of Lankan SMEs in exports sector, First national study on SMEs recommend apex Commission

20% Of Lankan SMEs in exports sector, First national study on SMEs recommend apex Commission

Oct 22, 2018

(FASTNEWS|COLOMBO) - Sri Lanka’s first ever nation-wide study on the country’s Small and Medium Enterprises (SMEs) recommend an apex SME ... Read More

Sri Lankan Rupee depreciates further against US Dollar

Sri Lankan Rupee depreciates further against US Dollar

Oct 22, 2018

(FASTNEWS|COLOMBO) Sri Lankan Rupee depreciates further against US Dollar today (22) The Rupee was selling at Rs 173.38 against the US ... Read More

Sri Lanka seeks waiver for Iranian oil imports

Sri Lanka seeks waiver for Iranian oil imports

Oct 22, 2018

(FASTNEWS|COLOMBO) - Sri Lanka has sought advice from India over its strategy on purchasing oil from Iran in the light ... Read More

Paranthan Chemical Factory to return with two new industry zones

Paranthan Chemical Factory to return with two new industry zones

Oct 19, 2018

(FASTNEWS|COLOMBO) - The famed Northern lands where Sri Lanka’s chemical giant Paranthan Chemicals Company (PCC) stood are now earmarked for ... Read More

Sri Lanka reverses USD 300-million China housing deal ahead of Premier’s India visit

Sri Lanka reverses USD 300-million China housing deal ahead of Premier’s India visit

Oct 19, 2018

(FASTNEWS|COLOMBO) - Sri Lanka has reversed a decision to award a USD 300-million housing deal to China in favour of ... Read More

“No LPG price hike now,” Minister Rishad Bathiudeen assures

“No LPG price hike now,” Minister Rishad Bathiudeen assures

Oct 19, 2018

(FASTNEWS|COLOMBO) - Sri Lanka will not allow any sudden hike in domestic LPG gas prices right away-even if the global ... Read More

Fuel pricing formula released

Fuel pricing formula released

Oct 19, 2018

(FASTNEWS|COLOMBO) - The Government on Thursday (18) released the much-awaited pricing formula system of auto fuels at the Ministry of ... Read More

People’s Bank, BOC, BoI Director Boards dissolved

People’s Bank, BOC, BoI Director Boards dissolved

Oct 18, 2018

(FASTNEWS|COLOMBO) - The Boards of Directors of the People’s Bank, Bank of Ceylon (BOC) and Board of Investment (BoI) have ... Read More

President calls for report on goods which imports can be temporarily restricted

President calls for report on goods which imports can be temporarily restricted

Oct 17, 2018

(FASTNEWS|COLOMBO) - Considering the challenges that Sri Lanka is currently faced with due to global uncertainty, President Maithripala Sirisena instructs ... Read More

Colombo hosts e-commerce meet to boost SAARC trade

Colombo hosts e-commerce meet to boost SAARC trade

Oct 15, 2018

(FASTNEWS|COLOMBO) - To boost trade within the region, the South Asian Association for Regional Cooperation (SAARC) is working to go ... Read More

Premier assures to solve fuel price problem

Premier assures to solve fuel price problem

Oct 15, 2018

(FASTNEWS|COLOMBO) - The Government will successfully face the fuel price problem as it successfully handled the debt burden, the Prime ... Read More

Rice producers to reduce prices

Rice producers to reduce prices

Oct 15, 2018

(FASTNEWS|COLOMBO) - Sri Lanka’s largest rice producers have agreed to reduce rice prices following the discussions held with the Agriculture ... Read More

Sri Lanka – Kuwait talks stress bigger role for private sector

Sri Lanka – Kuwait talks stress bigger role for private sector

Oct 13, 2018

(FASTNEWS|COLOMBO) - The Department of Commerce on Friday (12) announced that the second session of Kuwait - Sri Lanka Joint ... Read More