Sri Lanka and Malaysia to boost economic ties
(FASTNEWS|COLOMBO) – Malaysian Prime Minister Dr. Mahathir Mohamed praised Sri Lanka’s steady progress and assured continued cooperation.
Category: BUSINESS
Saudi Arabia commits USD 300 million for Lankan development projects
(FASTNEWS|COLOMBO) – The Kingdom of Saudi Arabia (KSA) now stands as the largest employer of Sri Lankans outside of Sri…
Strategic development plan for domestic airports
(FASTNEWS|COLOMBO) – The domestic airports at Ratmalana, Batticaloa, Palaly, Sigiriya, Koggala and Digana are to be developed as profitable airports…
USD 480 million grant to Sri Lanka; Agreement to be signed in December
(FASTNEWS|COLOMBO) – United States (US) will provide a USD 480 million grant to Sri Lanka for several development projects. This…
Sri Lankan Rupee hits record low of 170.65
(FASTNEWS|COLOMBO) – The Sri Lankan Rupee (LKR) on Thursday (20) recorded the highest depreciation of Rs. 170.65 selling price for…
Bus fares increased by 4%, Minimum fare remain unchanged
(FASTNEWS|COLOMBO) – Bus fares have been increased by 4 per cent from midnight Thursday (20).
High sales for Sri Lanka craft-makers at ‘Shilpa 2018’
(FASTNEWS|COLOMBO) – The recently concluded six-day long national handcrafts festival has netted highest sales reported in the series so far.
Bakery Owners’ Association agrees to Minister Bathiudeen’s request and defer hiking bread prices for now
(FASTNEWS|COLOMBO) – Sri Lanka’ largest association of bakers announced on 19 September that they are ready to slash bread prices…
Sri Lankan Rupee hits record low of 168.63
(FASTNEWS|COLOMBO) – The Sri Lankan Rupee (LKR) on Thursday (20) recorded the highest depreciation of Rs. 168.63 selling price for…
Minister Bathiudeen calls report from CAA on latest developments on wheat flour
(FASTNEWS|COLOMBO) – There is no go-ahead whatsoever (given) by the Government to increase wheat flour prices in the domestic market,…
President instructs Cost of Living Committee to look into price hikes
(FASTNEWS|COLOMBO) – President Maithripala Sirisena has instructed the Cost of Living Committee to look in to the recent increase in…
Minister Bathiudeen warns of legal action over wheat flour prices
(FASTNEWS|COLOMBO) – Minister of Industry and Commerce Rishad Bathiudeen has ordered the Consumer Affairs Authority (CAA) to take legal action…
Thailand – Sri Lankan FTA to be concluded by 2020
(FASTNEWS|COLOMBO) – Negotiations on a Thailand – Sri Lanka Free Trade Agreement (FTA) would be concluded by 2020, Auramon Supthaweethum,…
Sri Lanka stops import of Iranian oil ahead of sanctions
(FASTNEWS|COLOMBO) – Sri Lanka has stopped crude imports from Iran and is actively switching to other crude grades, as South…
Sri Lanka rupee hits record low of 166.64 per dollar
(UTV|COLOMBO) – The Sri Lankan rupee fell 0.5 percent and hit an all-time low of 166.64 per dollar on Tuesday(18),…