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Category: BUSINESS

Sri Lanka is not renegotiating Hambantota Port lease deal with China
BUSINESSLOCAL
byNews EditorMar 23, 2021Mar 23, 2021

Sri Lanka is not renegotiating Hambantota Port lease deal with China

(FASTNEWS | BEIJING) – Ambassador of Sri Lanka to China, Palitha Kohona dismissed suggestions that Sri Lanka was planning to…

Operators instructed to provide unlimited internet packages
BUSINESSLOCAL
byNews EditorMar 19, 2021Mar 19, 2021

Operators instructed to provide unlimited internet packages

(FASTNEWS | COLOMBO) – The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has instructed the service providers to provide unlimited…

Premier on 2-day State visit to Bangladesh
BUSINESSLOCAL
byNews EditorMar 19, 2021Mar 19, 2021

Premier on 2-day State visit to Bangladesh

(FASTNEWS | COLOMBO) – Prime Minister Mahinda Rajapaksa has left for Bangladesh this morning (19) on a 2-day State visit,…

No gas price hike, Premier assures
BUSINESSLOCALTOP STORY 2
byNews EditorMar 19, 2021Mar 19, 2021

No gas price hike, Premier assures

(FASTNEWS | COLOMBO) – Prime Minister and Finance Minister Mahinda Rajapaksa stated yesterday (18) that there is no shortage of…

Details being collected of Private Sect. employees who lost their jobs
BUSINESSLOCAL
byNews EditorMar 18, 2021

Details being collected of Private Sect. employees who lost their jobs

(FASTNEWS | COLOMBO) – The Ministry of Labour Relations has taken measures to assist Private Sector employees who had lost…

Paddy stocks with Paddy Marketing Board to be converted to rice
BUSINESSLOCAL
byNews EditorMar 16, 2021Mar 16, 2021

Paddy stocks with Paddy Marketing Board to be converted to rice

(FASTNEWS | COLOMBO) – The Cabinet of Ministers has decided to convert the stocks of paddy purchased from the farmers…

Bitcoin surges past USD 60,000 for first time
BUSINESSGOSSIP
byNews EditorMar 14, 2021

Bitcoin surges past USD 60,000 for first time

(FASTNEWS | COLOMBO) – Cryptocurrency Bitcoin has risen for the first time above USD 60,000, continuing its record-breaking run.

No loss to coffers from sugar duty reduction
BUSINESSLOCAL
byNews EditorMar 13, 2021

No loss to coffers from sugar duty reduction

(FASTNEWS | COLOMBO) – The Government has not incurred a loss of Rs. 15 billion by reducing the duty on…

Govt. incur cost over Rs. 15 billion in taxes over due to sugar scam
BUSINESSLOCAL
byNews EditorMar 9, 2021Mar 9, 2021

Govt. incur cost over Rs. 15 billion in taxes over due to sugar scam

(FASTNEWS | COLOMBO) – According to details submitted by the Ministry of Finance via a report to the Parliamentary Committee…

Premier instructs to provide kerosene subsidy to the beneficiaries without any misuse
BUSINESSLOCAL
byNews EditorMar 9, 2021Mar 9, 2021

Premier instructs to provide kerosene subsidy to the beneficiaries without any misuse

(FASTNEWS | COLOMBO) – The Cabinet Sub-Committee appointed as per the Cabinet Memorandum dated 05 February 2021, on the Reimbursement…

Sri Lanka considering review of quarantine policy for business travellers
BUSINESSLOCAL
byNews EditorMar 8, 2021

Sri Lanka considering review of quarantine policy for business travellers

(FASTNEWS | COLOMBO) – Health Authorities in Sri Lanka are considering the option of introducing a new quarantine process for…

Sri Lanka HC pins hopes on improved trade ties
BUSINESSLOCAL
byNews EditorMar 5, 2021

Sri Lanka HC pins hopes on improved trade ties

(FASTNEWS | LAHORE) – Memoranda of Understanding (MoUs) signed during Prime Minister Imran Khan’s visit to Sri Lanka would pave…

Pelwatte Industries forms a mini industry to support local dairy farming
BUSINESS
byNews EditorMar 1, 2021Mar 1, 2021

Pelwatte Industries forms a mini industry to support local dairy farming

(FASTNEWS | COLOMBO) – Pelwatte Dairy Industries, Sri Lanka’s leading local dairy producer, is on a renewed mission to produce…

Pakistan – Sri Lanka Trade and Investment Conference held
BUSINESSLOCAL
byNews EditorFeb 25, 2021Feb 25, 2021

Pakistan – Sri Lanka Trade and Investment Conference held

(FASTNEWS | COLOMBO) – Prime Minister Imran Khan yesterday (24) had a meeting with Pakistani business community attending Pakistan Sri…

Sri Lanka, US set to increase exports under GSP
BUSINESSLOCALTOP STORY 3
byNews EditorFeb 22, 2021

Sri Lanka, US set to increase exports under GSP

(FASTNEWS | COLOMBO) – Sri Lanka and the United States have explored the modalities to encourage exports of more Sri…

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