Business

Fonterra Receives Strong Buyer Interest for Sri Lanka Unit and Consumer Division

  • November 12, 2024

New Zealand-based Fonterra has announced that it has received significant buyer interest in its Sri Lanka unit and global consumer division as part of its ongoing exploration to sell off these assets. Earlier this year, Fonterra revealed plans to exit the consumer (retail) business to focus on ingredients and food service distribution channels. Fonterra’s Chief

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Trade Relations

Sri Lankan Trade Delegation Strengthens Ties with Australian Food Industry

  • October 4, 2024

The Sri Lanka Export Development Board (EDB), in collaboration with the Sri Lanka Consulate General in Melbourne (SLCG) and the Sri Lanka-Australia Chamber of Commerce (SLACC), successfully organized a trade delegation to Melbourne, Australia, from September 2 to 6. This initiative brought together 17 distinguished Sri Lankan companies, chosen through a rigorous selection process based

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