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Sri Lanka poultry industry hit by chicken, egg production decline
Sri Lanka’s chicken meat production has collapsed 30 percent and egg output 40 percent as a currency collapse pushed up costs and feed imports were blocked by foreign exchange shortages, an industry official said.
Chinese military ship’s visit to SL arouses new row over naval dominance
Chinese maritime surveillance military ship’s planned to visit to Sri Lanka at time of its unprecedented economic crisis and people’s uprising against the legitimate government has aroused a new row over naval dominance in the Indian ocean, several geo political experts said.
IMF to continue policy talks on bailout package with new SL administration
Sri Lanka is to resume bailout loan discussions with the International Monetary Fund (IMF) after the World Bank said it would not be able to offer the country fresh funding without "deep structural reforms , '' the Finance ministry announced.
Merchandise export earnings record new high of US $ 1.2bn in June
The earnings from merchandise exports expanded by 20 percent year-on-year (YoY) in the month of June, fetching foreign exchange earnings amounting to
US $ 1,208 million.
BOI now operates ’Partnership Finder’ platform to lure investments
The Board of Investment (BOI), the apex organization driving investments into the country, introduced a new strategic initiative under the banner 'Partnership Finder' to lure investment from existing investors in the country and facilitate business partnerships with foreign and Sri Lankan companies/investors.