“Corruption, crime, drugs are main challenges for every country” – President
(FASTNEWS|COLOMBO) – President Maithripala Sirisena expect to place Sri Lanka in the number one position among the countries in the…
Category: BUSINESS
Central Bank cancels licence of Standard Credit Finance Limited with immediate effect
(FASTNEWS|COLOMBO) – The Central Bank has cancelled the licence of Standard Credit Finance Limited (TSCFL) with immediate effect.
China firm readying international gem and jewellery hub in Sri Lanka
(FASTNEWS|COLOMBO) – A Chinese gold mining giant announced that it is ready to set up an international standard, modern gold,…
Sri Lanka tops at International Civil Aviation Organisation audit
(FASTNEWS|COLOMBO) – Sri Lanka has shown 88.57% of overall Effective Implementation of International Standards and Recommended Practices (SARPs) at Safety…
Steps implemented to address over-visitation to Yala – Prime Minister’s Office
(FASTNEWS|COLOMBO) – Steps have been taken to address over-visitation to the Yala Wildlife Park and to gradually limit the number…
Minister Rishad Bathiudeen leaves for Malaysia to attend Global Leadership Awards 2018
(FASTNEWS|COLOMBO) – Minister of Industry and Commerce Rishad Bathiudeen left the country to attend the Global Leadership Awards 2018 to…
Kuwait keen to boost and expand relations with Sri Lanka
(FASTNEWS|COLOMBO) – Assistant to the Minister of Foreign Affairs of Kuwait Ali Suleiman Al-Saeed called on Foreign Minister Tilak Marapana…
Iran dismisses Sri Lanka’s oil debt swap with tea proposal
(FASTNEWS|COLOMBO) – Iran has described as “Impossible” Sri Lanka’s proposal to clear its oil debts worth $250 million to Iran…
Government to write-off loans given up to Rs. 100,000 to drought-affected women
(FASTNEWS|COLOMBO) – The Cabinet of Ministers, on the recommendation of the Minister of Finance and Mass Media Mangala Samaraweera decided…
Colombo Port transhipment operations witnesses the highest growth
(FASTNEWS|COLOMBO) – Establishing a record in transshipment operations the Port of Colombo has witnessed the highest growth of 19.8% in…
Electric three wheelers manufactured in Sri Lanka by 2020
(FASTNEWS|COLOMBO) – The first batch of electric three wheelers manufactured in Sri Lanka will be ready by 2020.
Minister Rishad Bathiudeen commends Premier’s assurance of financial support for SMEs
(FASTNEWS|COLOMBO) – Sri Lanka is to unleash one of the largest ever support initiatives for its start-ups and entrepreneurs. He…
Norochcholai Lakvijaya Power Plant anticipates EPL renewal
(FASTNEWS|COLOMBO) – Norochcholai Lakvijaya Power Plant anticipates a renewal of its Environmental Protection Licence (EPL), the State newspaper reports quoted…
Sri Lanka considering to settle Iran oil due payments with tea exports
(FASTNEWS|COLOMBO) – Sri Lanka says it is considering a plan to settle payments to Iran for previous oil purchases by…
Amaraweera assures maximum relief for exporters of agricultural crops
(FASTNEWS|COLOMBO) – Maximum relief will be given for exporters of agricultural crops, Minister of Agriculture Mahinda Amaraweera said.