BUSINESS

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.

Surplus in merchandise trade balance after 20 years!

Surplus in merchandise trade balance after 20 years!

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.

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.

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