Category: BUSINESS

Sri Lanka acquires latest hi-tech to enrich graphene

Sri Lanka acquires latest hi-tech to enrich graphene

Aug 25, 2018

(FASTNEWS|COLOMBO) - Sri Lanka’s mining and quarrying sector packs greater potentials in revenues and capacity. Sri Lanka now has the ... Read More

Sri Lanka Rupee hits record low of 160.95 per Dollar

Sri Lanka Rupee hits record low of 160.95 per Dollar

Aug 24, 2018

(FASTNEWS|COLOMBO) - The Sri Lankan Rupee fell to an all-time low of 160.95 per dollar on Friday (24), dragged down ... Read More

Sri Lanka seeks investors for airline with $1 billion of debt

Sri Lanka seeks investors for airline with $1 billion of debt

Aug 23, 2018

(FASTNEWS|COLOMBO) - Sri Lanka has revived the process of privatising the State-run carrier that is saddled with at least $1 ... Read More

Sri Lanka calls to create FTAs among BIMSTEC member countries

Sri Lanka calls to create FTAs among BIMSTEC member countries

Aug 21, 2018

(FASTNEWS|COLOMBO) - Sri Lanka has supported calls to create a Free Trade Agreement (FTAS) among BIMSTEC member countries. (more…) Read More

Regulatory Commission to be setup for three-wheelers

Regulatory Commission to be setup for three-wheelers

Aug 21, 2018

(FASTNEWS|COLOMBO) - Finance Minister Mangala Samaraweera on Monday (20) stated that a Regulatory Commission will be established for three-wheelers in ... Read More

Drivers who ignore railway crossing signals face Rs.25,000 fine

Drivers who ignore railway crossing signals face Rs.25,000 fine

Aug 21, 2018

(FASTNEWS|COLOMBO) - Plans afoot to impose a fine of Rs.25,000 on drivers who ignore the railway level crossing signals, Transport ... Read More

Mangala requests to reduce age limit restriction on three-wheeler drivers

Mangala requests to reduce age limit restriction on three-wheeler drivers

Aug 20, 2018

(FASTNEWS|COLOMBO) - Finance Minister Mangala Samaraweera stated that he requested to bring down the age limit restriction for three-wheeler drivers ... Read More

Sri Lanka and Oman sign agreement on avoidance of double taxation and prevention of fiscal evasion

Sri Lanka and Oman sign agreement on avoidance of double taxation and prevention of fiscal evasion

Aug 17, 2018

(FASTNEWS|COLOMBO) - During the Second Meeting of the Sri Lanka-Oman Bilateral Consultations, held on Wednesday (15) in Colombo at senior ... Read More

Sri Lanka to ink agreement with China’s Alibaba to attract more tourists

Sri Lanka to ink agreement with China’s Alibaba to attract more tourists

Aug 16, 2018

(FASTNEWS|COLOMBO) - The Sri Lankan Tourism Promotion Bureau (SLTPB) will ink an agreement with China's e-commerce giant, Alibaba's travel arm, ... Read More

Emirates to suspend flights between Singapore and Colombo

Emirates to suspend flights between Singapore and Colombo

Aug 16, 2018

(FASTNEWS|COLOMBO) - Emirates Airline has decided to suspend flights operate between Singapore and Colombo, Emirates Spokesperson quoted by local media ... Read More

Sri Lanka total apparel graduates now exceed 21,000

Sri Lanka total apparel graduates now exceed 21,000

Aug 15, 2018

(FASTNEWS|COLOMBO) - Having successfully wrapped a three decades’ run, Sri Lanka’s foremost apparel training body is to expand to the ... Read More

Iran offers oil price discounts for Asian customers

Iran offers oil price discounts for Asian customers

Aug 15, 2018

Iran is providing discounted oil prices to Asian markets, the Islamic Republic News Agency (IRNA) quoted an informed source at ... Read More

Sri Lankan entrepreneurs clinch top Asian Award

Sri Lankan entrepreneurs clinch top Asian Award

Aug 14, 2018

(FASTNEWS|COLOMBO) - Sri Lanka has called its entrepreneurs to study and make use of the recently launched national SME policy. ... Read More

June Industrial Production Index up 0.4-Pct in Sri Lanka

June Industrial Production Index up 0.4-Pct in Sri Lanka

Aug 14, 2018

(FASTNEWS|COLOMBO) The volume of industrial production has increased by 0.4 percent in the month of June, 2018 compared to the ... Read More

Amendments to be introduced to give Tax concessions for artistes

Amendments to be introduced to give Tax concessions for artistes

Aug 14, 2018

(FASTNEWS|COLOMBO) - Several Amendments to the Inland Revenue Act will be introduced in August to remove some of the Taxes ... Read More