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Category: BUSINESS

Loan counter at BoC Branch in Mannar declared opened
BUSINESSLOCALTOP STORY 1
byNews EditorJul 21, 2018Jul 21, 2018

Loan counter at BoC Branch in Mannar declared opened

(FASTNEWS|COLOMBO) – A dedicated loan counter under Enterprise Sri Lanka Programme declared opened on Friday (21) at the Bank of…

Sri Lanka clinches a major WTO milestone in TFA Country Plan
BUSINESSLOCALTOP STORY 1
byNews EditorJul 20, 2018

Sri Lanka clinches a major WTO milestone in TFA Country Plan

(FASTNEWS|COLOMBO) – Completing a major milestone in its WTO Trade Facilitation Plan and kicking off one of the biggest projects…

Mattala Airport: Sri Lanka awaits experts report for India joint venture
BUSINESSLOCAL
byNews EditorJul 20, 2018Jul 20, 2018

Mattala Airport: Sri Lanka awaits experts report for India joint venture

(FASTNEWS|COLOMBO) – The Sri Lankan Government is awaiting a report from experts to finalise its joint venture with India, to…

“India can use MRIA only for commercial operations, no military allowed” – Aviation Minister
BUSINESSLOCALTOP STORY 1
byNews EditorJul 20, 2018Jul 20, 2018

“India can use MRIA only for commercial operations, no military allowed” – Aviation Minister

(FASTNEWS|COLOMBO) – Mattala Rajapaksa International Airport (MRIA) deal with India has several pre-conditions, the Government emphasised on Thursday (19).

Sri Lanka trade integrates with World Bank’s global platform tomorrow
BUSINESSLOCALTOP STORY 1
byNews EditorJul 19, 2018Jul 19, 2018

Sri Lanka trade integrates with World Bank’s global platform tomorrow

(FASTNEWS|COLOMBO) – Sri Lanka will unveil one of the biggest initiatives in its international trade history when the Department of…

Saudi Fund approves Sri Lanka additional USD 16 million for Kaluganga project
BUSINESSLOCAL
byNews EditorJul 19, 2018

Saudi Fund approves Sri Lanka additional USD 16 million for Kaluganga project

(FASTNEWS|COLOMBO) – The Kaluganga Development Project is currently being implemented by the Ministry of Mahaweli Development and Environment with the…

SriLankan Airlines paid Rs. 36.8 million to ad firm twice
BUSINESSLOCAL
byNews EditorJul 18, 2018Jul 18, 2018

SriLankan Airlines paid Rs. 36.8 million to ad firm twice

(FASTNEWS|COLOMBO) – SriLankan Airlines Board of Directors had approved the payment of Rs. 36.8 million to Kuma Stickers for advertising…

Thai business delegation briefed on Sri Lanka’s investment potential
BUSINESSLOCAL
byNews EditorJul 18, 2018

Thai business delegation briefed on Sri Lanka’s investment potential

(FASTNEWS|COLOMBO) – A Thai delegation consisting of 35 leading entrepreneurs from the Thai Chamber of Commerce in Bangkok visited Sri…

Sri Lanka wins historic export judgement in US Trade Courts
BUSINESSLOCALTOP STORY 1
byNews EditorJul 18, 2018Jul 18, 2018

Sri Lanka wins historic export judgement in US Trade Courts

(FASTNEWS|COLOMBO) – Sri Lanka has won the first ever revocation of countervailing duty imposed in US for a Lankan export,…

Egypt – Sri Lanka third Joint Commission in Colombo
BUSINESSLOCAL
byNews EditorJul 17, 2018

Egypt – Sri Lanka third Joint Commission in Colombo

(FASTNEWS|COLOMBO) – The first Arab and African nation ever to establish diplomatic relations with Sri Lanka says that it has…

Speaker signs National Audit Act
BUSINESSLOCAL
byNews EditorJul 17, 2018

Speaker signs National Audit Act

(FASTNEWS|COLOMBO) – Speaker Karu Jayasuriya has signed the National Audit Act this morning (17) officially making it a legal act.

US to grant Sri Lanka Rs. 80 billion to strengthen development
BUSINESSLOCAL
byNews EditorJul 17, 2018

US to grant Sri Lanka Rs. 80 billion to strengthen development

(FASTNEWS|COLOMBO) – State Minister of National Policies and Economic Affairs Niroshan Perera says that the United States is planning to…

Malaysian company secures USD 17 million contract to build storm water pumping station in Sri Lanka
BUSINESSLOCAL
byNews EditorJul 17, 2018

Malaysian company secures USD 17 million contract to build storm water pumping station in Sri Lanka

(FASTNEWS|COLOMBO) – Malaysia’s Salcon Engineering Berhad, a wholly-owned subsidiary of Salcon Berhad has bagged a Rs. 2.82 billion (RM 71.27mil)…

“Sri Lanka, Egypt bilateral relations longstanding” – Minister Rishad Bathiudeen
BUSINESSLOCAL
byNews EditorJul 17, 2018Jul 17, 2018

“Sri Lanka, Egypt bilateral relations longstanding” – Minister Rishad Bathiudeen

(FASTNEWS|COLOMBO) – Sri Lanka and Egypt have enjoyed time-tested and friendly ties since the establishment of bilateral relations, the Minister…

Ranatunga says crude oil prices will come down
BUSINESSLOCAL
byNews EditorJul 16, 2018

Ranatunga says crude oil prices will come down

(FASTNEWS|COLOMBO) – Minister Arjuna Ranatunga stated that the crude oil prices in the world market will be decreased in future.…

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