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Category: BUSINESS

Sri lanka named no.1 country in the world for 2019
BUSINESSLatest NewsLOCAL
byFastnewsOct 23, 2018

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

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

Sri Lankan Rupee depreciates further against US Dollar
BUSINESSLatest NewsLOCAL
byFastnewsOct 23, 2018

Sri Lankan Rupee depreciates further against US Dollar

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

20% Of Lankan SMEs in exports sector, First national study on SMEs recommend apex Commission
BUSINESSLOCALTOP STORY 1
byNews EditorOct 22, 2018Oct 23, 2018

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

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

Sri Lankan Rupee depreciates further against US Dollar
BUSINESSLatest NewsLOCAL
byFastnewsOct 22, 2018

Sri Lankan Rupee depreciates further against US Dollar

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

Sri Lanka seeks waiver for Iranian oil imports
BUSINESSLOCAL
byNews EditorOct 22, 2018

Sri Lanka seeks waiver for Iranian oil imports

(FASTNEWS|COLOMBO) – Sri Lanka has sought advice from India over its strategy on purchasing oil from Iran in the light…

Paranthan Chemical Factory to return with two new industry zones
BUSINESSLOCALTOP STORY 1
byNews EditorOct 19, 2018

Paranthan Chemical Factory to return with two new industry zones

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

Sri Lanka reverses USD 300-million China housing deal ahead of Premier’s India visit
BUSINESSLOCALTOP STORY 1
byNews EditorOct 19, 2018Oct 19, 2018

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

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

“No LPG price hike now,” Minister Rishad Bathiudeen assures
BUSINESSLOCALTOP STORY 1
byNews EditorOct 19, 2018

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

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

Fuel pricing formula released
BUSINESSLOCALTOP STORY 1
byNews EditorOct 19, 2018Oct 19, 2018

Fuel pricing formula released

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

People’s Bank, BOC, BoI Director Boards dissolved
BUSINESSLOCAL
byNews EditorOct 18, 2018

People’s Bank, BOC, BoI Director Boards dissolved

(FASTNEWS|COLOMBO) – The Boards of Directors of the People’s Bank, Bank of Ceylon (BOC) and Board of Investment (BoI) have…

President calls for report on goods which imports can be temporarily restricted
BUSINESSLOCALTOP STORY 1
byNews EditorOct 17, 2018Oct 17, 2018

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

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

Colombo hosts e-commerce meet to boost SAARC trade
BUSINESSLOCAL
byNews EditorOct 15, 2018Oct 15, 2018

Colombo hosts e-commerce meet to boost SAARC trade

(FASTNEWS|COLOMBO) – To boost trade within the region, the South Asian Association for Regional Cooperation (SAARC) is working to go…

Premier assures to solve fuel price problem
BUSINESSLOCAL
byNews EditorOct 15, 2018Oct 15, 2018

Premier assures to solve fuel price problem

(FASTNEWS|COLOMBO) – The Government will successfully face the fuel price problem as it successfully handled the debt burden, the Prime…

Rice producers to reduce prices
BUSINESSLOCAL
byNews EditorOct 15, 2018

Rice producers to reduce prices

(FASTNEWS|COLOMBO) – Sri Lanka’s largest rice producers have agreed to reduce rice prices following the discussions held with the Agriculture…

Sri Lanka – Kuwait talks stress bigger role for private sector
BUSINESSLOCALTOP STORY 1
byNews EditorOct 13, 2018

Sri Lanka – Kuwait talks stress bigger role for private sector

(FASTNEWS|COLOMBO) – The Department of Commerce on Friday (12) announced that the second session of Kuwait – Sri Lanka Joint…

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