UNP MP Ravi Karunanayake criticized policy confusion in Sri Lanka’s sugar industry, warning it hurts farmers, investors, and the economy. He highlighted...
Sri Lanka has approved financial relief for 235 sugarcane farmers affected by fires at Sevanagala Sugar Factory. About 19,000 metric tons of...
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,...