Category: BUSINESS

V- shaped recovery for Lankan exports as June export earnings reach $ 950 mn – EDB

V- shaped recovery for Lankan exports as June export earnings reach $ 950 mn – EDB

Jul 9, 2020

(FASTNEWS | COLOMBO) - Sri Lanka’s export earnings have increased to US $ 950 million in June 2020 from US ... Read More

Sri Lanka Tourism lobbies for inclusion in travel corridors

Sri Lanka Tourism lobbies for inclusion in travel corridors

Jul 9, 2020

(FASTNEWS | COLOMBO) - Sri Lanka Tourism is working closely with the Foreign Affairs Ministry to include Sri Lanka in ... Read More

CB announces 100 bps rate cut

CB announces 100 bps rate cut

Jul 9, 2020

(FASTNEWS | COLOMBO) - The Monetary Board of the Central Bank of Sri Lanka, at its meeting held on 08 ... Read More

MSMEs Development Project in collaboration with IDB

MSMEs Development Project in collaboration with IDB

Jul 8, 2020

(FASTNEWS | COLOMBO) - People’s Bank has agreed to initiate a programme to develop Micro, Small and Medium Enterprises in ... Read More

Japanese grant aid of Rs 1,360 mn for provisioning necessary medical equipment to combat against COVID -19 global pandemic

Japanese grant aid of Rs 1,360 mn for provisioning necessary medical equipment to combat against COVID -19 global pandemic

Jul 8, 2020

(FASTNEWS | COLOMBO) - Responding to the COVID-19 global pandemic, Sri Lanka has taken several successful preventive measures to prevent ... Read More

Aitken Spence successfully conducts its first virtual AGM

Aitken Spence successfully conducts its first virtual AGM

Jul 8, 2020

(FASTNEWS | COLOMBO) - Aitken Spence PLC achieved yet another milestone in its 150+ year legacy by conducting the company’s ... Read More

CBSL commences the process of developing a Blockchain Technology based Know-Your-Customer Proof of Concept

CBSL commences the process of developing a Blockchain Technology based Know-Your-Customer Proof of Concept

Jul 8, 2020

(FASTNEWS | COLOMBO) - The Central Bank of Sri Lanka (CBSL) entered into agreements to begin the process of developing ... Read More

HIP ship repair team embarkations under strict Government regulations

HIP ship repair team embarkations under strict Government regulations

Jul 8, 2020

(FASTNEWS | COLOMBO) - The Hambantota International Port (HIP) follows all guidelines laid down by the government with regard to ... Read More

Returnees can shop at duty free from today

Returnees can shop at duty free from today

Jul 6, 2020

(FASTNEWS | COLOMBO) - Air passengers who arrived in the country during the past few months and were directed to ... Read More

Report on financial firms to CBSL Governor on Jul 7

Report on financial firms to CBSL Governor on Jul 7

Jul 6, 2020

(FASTNEWS | COLOMBO) - The final report compiled by the committee appointed to investigate and report on discrepancies at financial ... Read More

Zuckerberg Loses $7 Billion as Firms Boycott Facebook Ads

Zuckerberg Loses $7 Billion as Firms Boycott Facebook Ads

Jun 29, 2020

(FASTNEWS | COLOMBO) - Bloomberg - Mark Zuckerberg just became $7.2 billion poorer after a flurry of companies pulled advertising ... Read More

Uber launches ‘Uber Rentals’ for multi-hour, multi-stop needs in Sri Lanka

Uber launches ‘Uber Rentals’ for multi-hour, multi-stop needs in Sri Lanka

Jun 29, 2020

(FASTNEWS | COLOMBO) - Uber has launched its latest product offering - ‘Uber Rentals,’ a 24x7 on-demand service which allows ... Read More

Dumith Fernando appointed Chairman of CSE

Dumith Fernando appointed Chairman of CSE

Jun 29, 2020

(FASTNEWS | COLOMBO) - The Colombo Stock Exchange (CSE) announced the appointment of Dumith Fernando as the Chairman of the ... Read More

SriLankan Airlines supports export industries by converting passenger aircraft to full freighter

SriLankan Airlines supports export industries by converting passenger aircraft to full freighter

Jun 25, 2020

(FASTNEWS | COLOMBO) - In its quest to continuously support Sri Lanka’s export industries and to keep the country connected ... Read More

Rs.26 surcharge on a litre of petrol & diesel removed

Rs.26 surcharge on a litre of petrol & diesel removed

Jun 25, 2020

(FASTNEWS | COLOMBO) - The surcharge of Rs.26 that was imposed on a litre of petrol and diesel has been ... Read More