Sri Lanka’s Consumer Affairs Authority (CAA) has initiated investigations at several rice mills in the Polonnaruwa district, collecting data on rice stocks following a spike in prices for controlled rice grades. According to media reports, CAA officials first visited Nipuna Rice, owned by former state minister Siripala Gamlath. Gamlath stated that his company is selling
The Sri Lanka-Indonesia Business Council (SLIBC) of The Ceylon Chamber of Commerce successfully concluded a Business Promotion Mission to Indonesia from 6 October to 11 October 2024. The mission aimed to strengthen trade, investment, and business ties between Sri Lanka and Indonesia while exploring collaborative opportunities across key industries. The delegation included 14 Sri Lankan
A Good Agricultural Practices (GAP) programme led by the Food and Agriculture Organization of the United Nations (FAO) is transforming Sri Lankan agriculture by modernizing farming techniques and boosting crop yields. Through this initiative, 645 farmers across three districts received training, equipment, and technical support to enhance their cultivation practices, resulting in bumper crops and
The decision to resume egg imports has faced fierce opposition from local producers, who argue that Sri Lanka can meet domestic demand with locally produced eggs, even during peak festive periods, though at a higher price than the government’s import offer. The government announced last week that it would restart egg imports to stabilize prices
Sri Lanka has lifted import controls on several key cereal grains, which had been in place despite increasing malnutrition and poverty resulting from a currency collapse driven by aggressive macro-economic policies. Previously, Sri Lanka imposed controls on approximately 3,500 items, including various cereal grains, as part of a broader economic strategy. This strategy involved the