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....
Agriculture Minister K. D. Lalkantha announced that the government will ban the use of locally grown rice in alcohol production and instead...
Sevanagala and Pelwatte sugar factories face severe operational and financial crises due to mismanagement, technical failures, and poor sales. Farmers can’t sell...