Sri Lanka’s Prime Minister Ranil Wickremesinghe and Indian High Commissioner in Sri Lanka Taranjith Singh Sandhu have declared open a vehicle assembly plant in Sri Lanka
A programme funded by the International Fund for Agriculture Development (IFAD) is to provide funding this month for hundred young entrepreneurs in Sri Lanka to set up greenhouses and link up with an export firm.
Authorities in Sri Lanka have reportedly forecasted that 1.471 million tonnes of paddy would be produced in the Yala (minor cultivation) season of 2019 with 12,278 metric tonnes lost due to crop damaged mostly due to drought.
Sri Lanka Export Development Board (EDB) has reportedly launched a national programme to nurture 2,000 new entrepreneurs to become exporters at regional level during the period 2017 – 2022.
Interim accounts of Sri Lanka’s Melstacorp Plc have reportedly recorded a 50 percent increase in profits from a year earlier to Rs. 1.2 billion in the June 2019