Category: BUSINESS

Loan counter at BoC Branch in Mannar declared opened

Loan counter at BoC Branch in Mannar declared opened

Jul 21, 2018

(FASTNEWS|COLOMBO) - A dedicated loan counter under Enterprise Sri Lanka Programme declared opened on Friday (21) at the Bank of ... Read More

Sri Lanka clinches a major WTO milestone in TFA Country Plan

Sri Lanka clinches a major WTO milestone in TFA Country Plan

Jul 20, 2018

(FASTNEWS|COLOMBO) - Completing a major milestone in its WTO Trade Facilitation Plan and kicking off one of the biggest projects ... Read More

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

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

Jul 20, 2018

(FASTNEWS|COLOMBO) - The Sri Lankan Government is awaiting a report from experts to finalise its joint venture with India, to ... Read More

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

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

Jul 20, 2018

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

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

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

Jul 19, 2018

(FASTNEWS|COLOMBO) - Sri Lanka will unveil one of the biggest initiatives in its international trade history when the Department of ... Read More

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

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

Jul 19, 2018

(FASTNEWS|COLOMBO) - The Kaluganga Development Project is currently being implemented by the Ministry of Mahaweli Development and Environment with the ... Read More

SriLankan Airlines paid Rs. 36.8 million to ad firm twice

SriLankan Airlines paid Rs. 36.8 million to ad firm twice

Jul 18, 2018

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

Thai business delegation briefed on Sri Lanka’s investment potential

Thai business delegation briefed on Sri Lanka’s investment potential

Jul 18, 2018

(FASTNEWS|COLOMBO) - A Thai delegation consisting of 35 leading entrepreneurs from the Thai Chamber of Commerce in Bangkok visited Sri ... Read More

Sri Lanka wins historic export judgement in US Trade Courts

Sri Lanka wins historic export judgement in US Trade Courts

Jul 18, 2018

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

Egypt – Sri Lanka third Joint Commission in Colombo

Egypt – Sri Lanka third Joint Commission in Colombo

Jul 17, 2018

(FASTNEWS|COLOMBO) - The first Arab and African nation ever to establish diplomatic relations with Sri Lanka says that it has ... Read More

Speaker signs National Audit Act

Speaker signs National Audit Act

Jul 17, 2018

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

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

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

Jul 17, 2018

(FASTNEWS|COLOMBO) - State Minister of National Policies and Economic Affairs Niroshan Perera says that the United States is planning to ... Read More

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

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

Jul 17, 2018

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

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

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

Jul 17, 2018

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

Ranatunga says crude oil prices will come down

Ranatunga says crude oil prices will come down

Jul 16, 2018

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