Sri Lanka’s new food regulation, mandating an 80 percent extraction rate for wheat flour has raised serious concerns across the industry, with stakeholders warning that its immediate roll-out could alter consumption patterns, and in turn have adverse effects on key sectors.
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The tourism industry is witnessing a remarkable surge, welcoming over 112,000 visitors in the first two weeks of January, setting an optimistic tone for Sri Lanka’s trajectory in 2025.
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Sri Lanka State Trading Corporation says that 15,000 metric tons of salt ordered from India will arrive in Sri Lanka next week.General Manager of the Corporation, Chamila Iddamalgoda confirmed that permission has been granted to two importers to import salt from India to Sri Lanka.
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Sri Lanka’s tea production hit a three-year high in 2024, bouncing back from detrimental policy decisions in 2021 and the lingering impacts of climate change.
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Employees of Lumala City Cycle Industries Manufacturing Ltd., are calling for urgent Government intervention as their company faces an unprecedented crisis that threatens to shut down one of South Asia’s leading bicycle manufacturers.
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News of the day
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The Beira Lake in Colombo is undergoing a much-needed cleanup operation. Workers and volunteers are coming together to remove debris, clear invasive plants, and restore its natural beauty.
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Sri Lanka has renewed a $1.4 billion worth Yuan currency swap with China during the official Beijing visit of President Anura Kumara Disanayake, a joint statement by the both countries said.
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The government has planned a relief package to provide concessions to small and medium-scale enterprises (SMEs) facing difficulties in repaying loans.
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Sri Lanka’s central bank has launched a digital payments promotion campaign in Hambantota, it said in a statement.
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