Sri Lanka acquires latest hi-tech to enrich graphene
(FASTNEWS|COLOMBO) – Sri Lanka’s mining and quarrying sector packs greater potentials in revenues and capacity. Sri Lanka now has the…
Category: BUSINESS
Sri Lanka Rupee hits record low of 160.95 per Dollar
(FASTNEWS|COLOMBO) – The Sri Lankan Rupee fell to an all-time low of 160.95 per dollar on Friday (24), dragged down…
Sri Lanka seeks investors for airline with $1 billion of debt
(FASTNEWS|COLOMBO) – Sri Lanka has revived the process of privatising the State-run carrier that is saddled with at least $1…
Sri Lanka calls to create FTAs among BIMSTEC member countries
(FASTNEWS|COLOMBO) – Sri Lanka has supported calls to create a Free Trade Agreement (FTAS) among BIMSTEC member countries.
Regulatory Commission to be setup for three-wheelers
(FASTNEWS|COLOMBO) – Finance Minister Mangala Samaraweera on Monday (20) stated that a Regulatory Commission will be established for three-wheelers in…
Drivers who ignore railway crossing signals face Rs.25,000 fine
(FASTNEWS|COLOMBO) – Plans afoot to impose a fine of Rs.25,000 on drivers who ignore the railway level crossing signals, Transport…
Mangala requests to reduce age limit restriction on three-wheeler drivers
(FASTNEWS|COLOMBO) – Finance Minister Mangala Samaraweera stated that he requested to bring down the age limit restriction for three-wheeler drivers…
Sri Lanka and Oman sign agreement on avoidance of double taxation and prevention of fiscal evasion
(FASTNEWS|COLOMBO) – During the Second Meeting of the Sri Lanka-Oman Bilateral Consultations, held on Wednesday (15) in Colombo at senior…
Sri Lanka to ink agreement with China’s Alibaba to attract more tourists
(FASTNEWS|COLOMBO) – The Sri Lankan Tourism Promotion Bureau (SLTPB) will ink an agreement with China’s e-commerce giant, Alibaba’s travel arm,…
Emirates to suspend flights between Singapore and Colombo
(FASTNEWS|COLOMBO) – Emirates Airline has decided to suspend flights operate between Singapore and Colombo, Emirates Spokesperson quoted by local media…
Sri Lanka total apparel graduates now exceed 21,000
(FASTNEWS|COLOMBO) – Having successfully wrapped a three decades’ run, Sri Lanka’s foremost apparel training body is to expand to the…
Iran offers oil price discounts for Asian customers
Iran is providing discounted oil prices to Asian markets, the Islamic Republic News Agency (IRNA) quoted an informed source at…
Sri Lankan entrepreneurs clinch top Asian Award
(FASTNEWS|COLOMBO) – Sri Lanka has called its entrepreneurs to study and make use of the recently launched national SME policy.
June Industrial Production Index up 0.4-Pct in Sri Lanka
(FASTNEWS|COLOMBO) The volume of industrial production has increased by 0.4 percent in the month of June, 2018 compared to the…
Amendments to be introduced to give Tax concessions for artistes
(FASTNEWS|COLOMBO) – Several Amendments to the Inland Revenue Act will be introduced in August to remove some of the Taxes…