Category: BUSINESS

Sri Lanka is not renegotiating Hambantota Port lease deal with China

Sri Lanka is not renegotiating Hambantota Port lease deal with China

Mar 23, 2021

(FASTNEWS | BEIJING) - Ambassador of Sri Lanka to China, Palitha Kohona dismissed suggestions that Sri Lanka was planning to ... Read More

Operators instructed to provide unlimited internet packages

Operators instructed to provide unlimited internet packages

Mar 19, 2021

(FASTNEWS | COLOMBO) - The Telecommunications Regulatory Commission of Sri Lanka (TRCSL) has instructed the service providers to provide unlimited ... Read More

Premier on 2-day State visit to Bangladesh

Premier on 2-day State visit to Bangladesh

Mar 19, 2021

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

No gas price hike, Premier assures

No gas price hike, Premier assures

Mar 19, 2021

(FASTNEWS | COLOMBO) - Prime Minister and Finance Minister Mahinda Rajapaksa stated yesterday (18) that there is no shortage of ... Read More

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

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

Mar 18, 2021

(FASTNEWS | COLOMBO) - The Ministry of Labour Relations has taken measures to assist Private Sector employees who had lost ... Read More

Paddy stocks with Paddy Marketing Board to be converted to rice

Paddy stocks with Paddy Marketing Board to be converted to rice

Mar 16, 2021

(FASTNEWS | COLOMBO) - The Cabinet of Ministers has decided to convert the stocks of paddy purchased from the farmers ... Read More

Bitcoin surges past USD 60,000 for first time

Bitcoin surges past USD 60,000 for first time

Mar 14, 2021

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

No loss to coffers from sugar duty reduction

No loss to coffers from sugar duty reduction

Mar 13, 2021

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

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

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

Mar 9, 2021

(FASTNEWS | COLOMBO) - According to details submitted by the Ministry of Finance via a report to the Parliamentary Committee ... Read More

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

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

Mar 9, 2021

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

Sri Lanka considering review of quarantine policy for business travellers

Sri Lanka considering review of quarantine policy for business travellers

Mar 8, 2021

(FASTNEWS | COLOMBO) - Health Authorities in Sri Lanka are considering the option of introducing a new quarantine process for ... Read More

Sri Lanka HC pins hopes on improved trade ties

Sri Lanka HC pins hopes on improved trade ties

Mar 5, 2021

(FASTNEWS | LAHORE) - Memoranda of Understanding (MoUs) signed during Prime Minister Imran Khan’s visit to Sri Lanka would pave ... Read More

Pelwatte Industries forms a mini industry to support local dairy farming

Pelwatte Industries forms a mini industry to support local dairy farming

Mar 1, 2021

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

Pakistan – Sri Lanka Trade and Investment Conference held

Pakistan – Sri Lanka Trade and Investment Conference held

Feb 25, 2021

(FASTNEWS | COLOMBO) - Prime Minister Imran Khan yesterday (24) had a meeting with Pakistani business community attending Pakistan Sri ... Read More

Sri Lanka, US set to increase exports under GSP

Sri Lanka, US set to increase exports under GSP

Feb 22, 2021

(FASTNEWS | COLOMBO) - Sri Lanka and the United States have explored the modalities to encourage exports of more Sri ... Read More