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Category: BUSINESS

Maximum retail price imposed on white sugar
BUSINESSLOCALTOP STORY 1
byNews EditorOct 13, 2018Oct 13, 2018

Maximum retail price imposed on white sugar

(FASTNEWS|COLOMBO) – A maximum retail price has been imposed on white sugar, the Consumer Affairs Authority (CAA) said.

Sri Lankan rupee hits record low on strong importer dollar demand
BUSINESSLatest NewsLOCAL
byFastnewsOct 9, 2018

Sri Lankan rupee hits record low on strong importer dollar demand

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

London Stock Exchange to support Sri Lanka’s investments and infrastructure
BUSINESSLOCAL
byNews EditorOct 9, 2018

London Stock Exchange to support Sri Lanka’s investments and infrastructure

(FASTNEWS|COLOMBO) – Chief Executive Officer (CEO) of the London Stock Exchange David Schwimmer has said is should be greatly appreciated…

Sri Lanka – Kuwait trade revived this Tuesday after 2-decades
BUSINESSLOCALTOP STORY 1
byNews EditorOct 8, 2018

Sri Lanka – Kuwait trade revived this Tuesday after 2-decades

(FASTNEWS|COLOMBO) – After a hiatus exceeding two decades, Sri Lanka is reviving bilateral trade with the second wealthiest economy in…

SriLankan named the “World’s Most Punctual Airline”
BUSINESSLOCAL
byNews EditorOct 8, 2018Oct 8, 2018

SriLankan named the “World’s Most Punctual Airline”

(FASTNEWS|COLOMBO) – SriLankan Airlines, has been named the “World’s Most Punctual Airline” by global flight data analysis company Flightstats.

Only 16% Sri Lankan students enter University
BUSINESSLOCALTOP STORY 1
byNews EditorOct 6, 2018

Only 16% Sri Lankan students enter University

(FASTNEWS|COLOMBO) – Despite playing a huge role in the country’s economy, Sri Lankan entrepreneurs and Small and Medium-sized Enterprises (SMEs)…

Dept. of Commerce’ new Trade Info Portal stuns world trade within 2-months of launch
BUSINESSLOCAL
byNews EditorOct 3, 2018

Dept. of Commerce’ new Trade Info Portal stuns world trade within 2-months of launch

(FASTNEWS|COLOMBO) – Sri Lanka’s Trade Information Portal (TIP)-Government’s major initiative on cross-border trade information that complies with the World Trade…

Railway Fare Revision: Commuters complain over fares
BUSINESSLOCALTOP STORY 1
byNews EditorOct 3, 2018

Railway Fare Revision: Commuters complain over fares

(FASTNEWS|COLOMBO) – Although the Department of Railways refute the claims regarding an inconsistent increase in several fares following the recent…

Mangala to present 2019 Budget to Parliament on Nov. 05
BUSINESSLOCALTOP STORY 1
byNews EditorOct 3, 2018Oct 3, 2018

Mangala to present 2019 Budget to Parliament on Nov. 05

(FASTNEWS|COLOMBO) – The Cabinet of Ministers has approved the 2019 Appropriation Bill, presented by Minister of Finance and Media Mangala…

Sri Lanka Central Bank surprises, keeps key rates steady
BUSINESSLOCAL
byNews EditorOct 2, 2018

Sri Lanka Central Bank surprises, keeps key rates steady

(FASTNEWS|COLOMBO) – Sri Lanka’s Central Bank surprised the market on Tuesday (02) by leaving its key policy rates unchanged, despite…

Train fares increased by a minimum of 15%
BUSINESSLOCALTOP STORY 1
byNews EditorOct 1, 2018

Train fares increased by a minimum of 15%

(FASTNEWS|COLOMBO) – Train fares have been increased by a minimum of 15 per cent, the Sri Lanka Railway Department said.

MRP imposed on bottled drinking water
BUSINESSLOCALTOP STORY 1
byNews EditorOct 1, 2018Oct 1, 2018

MRP imposed on bottled drinking water

(FASTNEWS|COLOMBO) – The Consumer Affairs Authority (CAA) has issued a Gazette Extraordinary imposing the Maximum Retail Price (MRP) on bottled…

“Large scale foreign loans affect Sri Lanka” – Premier
BUSINESSLOCAL
byNews EditorSep 30, 2018

“Large scale foreign loans affect Sri Lanka” – Premier

(FASTNEWS|COLOMBO) – Sri Lanka is affected by the global economic crisis for taking large scale foreign loans instead of getting…

Finance Ministry announces steps to ease the pressure on LKR
BUSINESSLOCALTOP STORY 1
byNews EditorSep 30, 2018Sep 30, 2018

Finance Ministry announces steps to ease the pressure on LKR

(FASTNEWS|COLOMBO) – The Government on Saturday (29) decided to suspend the issuing of vehicle permits to Members of Parliament (MPs)…

China relations with Sri Lanka growing rapidly, 300,000 tourists to come
BUSINESSLatest NewsLOCAL
byFastnewsSep 27, 2018

China relations with Sri Lanka growing rapidly, 300,000 tourists to come

(FASTNEWS|COLOMBO) – China says over the past year the pragmatic cooperation between China and Sri Lanka has developed rapidly. Speaking…

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