Sri Lanka’s Industries Minister Sunil Handunnetti warned sugarcane farmers against political influence and burning crops, stressing that burnt cane fetches only Rs....
Sri Lanka plans to cut maize imports to 150,000 metric tons next year from 300,000, aiming to save foreign exchange. Agriculture Secretary...
Sri Lanka’s Commerce Minister Wasantha Samarasinghe warned that the government may import 40,000 t of rice to counter any artificial shortage of...
Sri Lanka’s sugar industry faces a severe financial crisis, with Pelwatta, Sevenagala, Ethimale, and Hingurana factories burdened by huge debts, unpaid farmer...
Sri Lanka’s Deputy Trade Minister R. M. Jayawardhana blamed past instability for high prices and low brown sugar output. Only 11% of...
The Sevanagala Sugar Factory in Sri Lanka faces a crisis due to delayed payments to sugarcane farmers and transporters. Despite holding stocks...
Opposition Leader Sajith Premadasa criticized government mismanagement for the decline of Pelwatte and Sevanagala sugar factories. He highlighted massive unpaid dues, loans,...
Twelve sugar importers owe over Rs. 2,395 million in unpaid taxes as of December 2024, according to the National Audit Office. A...
Agriculture Minister K.D. Lal Kantha announced plans to import 300,000 MT of maize to counteract hoarding and price inflation by feed traders....