BUSINESS

The Sri Lankan poultry industry is on the verge of collapse due to 30 percent drop in production this year as high feed costs hit farms.

Sri Lankans demand for liquor has decreased by about 30percent due to the recent increase in the price of liquor and the decrease in the income of the people of the country,. the Committee on Public Finance (COPF) revealed.

Sri Lanka will convene a donor conference with the participation of representatives of China, India and Japan to mobilise more foreign assistance and present an interim budget in August prime minister Ranil Wickremasinghe divulged on Wednesday, amid ongoing negotiations with the International Monetary Fund (IMF).

The Colombo Port City will feature prominently at the year’s Commonwealth Heads of Government Meeting taking place in Rwanda this week.

The government of the United States has announced the third tranche of new funding today to address the immediate needs of people hardest hit...