Category: BUSINESS
New technology to uplift tea industry
(FASTNEWS|COLOMBO) - The growth of Sri Lanka’s tea industry depends on changing the system of training and education of youth ... Read More
Rs. 300 million Indian grant assistance to set up 5000-metric ton cold storage in Dambulla
(FASTNEWS|COLOMBO) - India and Sri Lanka have signed a Memorandum of Understanding (MoU) for the construction of a 5000-metric ton ... Read More
India’s State-owned Airports Authority to develop Palaly Airport in Sri Lanka
(FASTNEWS|COLOMBO) - India’s State-owned Airports Authority of India (AAI) will prepare a detailed project report for development of Palaly Airport ... Read More
Sri Lankan rupee touches fresh low against dollar
(FASTNEWS|COLOMBO) - The Sri Lankan rupee touched a fresh low of 164.37 per dollar on Friday due to higher dollar demand. ... Read More
Industrial production Index up 1.1%
(FASTNEWS|COLOMBO) - The Index of industrial production (IIP) has increased by 1.1% in July 2018 compared to the same month ... Read More
Four mn tourist arrivals, US $ 7 bn revenue by 2020
(FASTNEWS|COLOMBO) - Sri Lanka’s position as a tourist destination will be further consolidated with the newly set industry targets, which ... Read More
IT Gallery launches EZVIZ global smart home security solutions from Hikvision
(FASTNEWS|COLOMBO) - IT Gallery, a leading distributor of video surveillance products and solutions and the National Distributor for Hikvision in ... Read More
Australian Meeting with Sri Lankan Coconut Products Exporters
(UTV|COLOMBO) - The Coconut Development Authority of Sri Lanka (CDA), in association with the Consulate General of Sri Lanka, organised ... Read More
VAT should not be applied to goods and services consumed outside
(FASTNEWS|COLOMBO) - VAT is an end user consumption tax, and therefore should not be applied to goods and services that ... Read More
Sri Lankan rupee falls on importer dollar demand, dollar strength
(FASTNEWS|COLOMBO) - The Sri Lankan rupee ended weaker on Monday as importer dollar demand surpassed greenback sales by banks and ... Read More
Sri Lanka – Oman review bilateral relations, discuss future investments
(FASTNEWS|COLOMBO) - Sri Lanka and Oman had talks where bilateral relations came under review and future investment were discussed. (more…) Read More
Lanka IOC increases fuel prices
(FASTNEWS|COLOMBO) - Lanka IOC (LIOC), IndianOil's subsidiary in Sri Lanka, has also increased fuel prices from midnight Monday (10). (more…) Read More
Fuel prices revised with effect from midnight
(FASTNEWS|COLOMBO) - The prices of fuel have been revised with effect from midnight Monday (10) based on the Cabinet-approved fuel ... Read More
Sri Lanka one step closer to Geneva backed e-commerce charter
(FASTNEWS|COLOMBO) - Within less than six months’ of its pioneering consultations in Colombo, Sri Lanka swiftly moved one more step ... Read More
Cabinet-approved monthly fuel price revision today
(FASTNEWS|COLOMBO) - The monthly fuel price revision based on the Cabinet-approved fuel pricing formula will be implemented today (10). (more…) Read More