• Editor
• February 8, 2026
• Business, News
• Business
• 0 Comments

Background Sri Lanka’s agricultural sector, employing nearly one-fourth of the labour force, remains central to rural livelihoods yet continues to struggle with persistent structural constraints such as low productivity, limited value addition, weak market integration, and high vulnerability to climatic and economic shocks. Over the past two decades, the government of Sri Lanka has increasingly promoted entrepreneurship development as a …

• Editor
• February 8, 2026
• Business, News
• Business
• 0 Comments

Background Dedicated Economic Canters (DECs) were established in Sri Lanka as part of a national initiative to enhance the agricultural marketing infrastructure. Their primary objectives were to ensure fair prices for producers, affordable food for consumers, and reduced transaction costs along the supply chain. Launched in 1999, these centers were designed to serve both producing and consuming regions through centralized, …

• Editor
• January 19, 2026
• Business, News
• Business
• 0 Comments

The United Kingdom remains one of Sri Lanka’s most important trading partners and is currently the second-largest export destination for Sri Lankan goods. In a significant move to strengthen trade relations with developing countries, the UK introduced the Developing Countries Trading Scheme (DCTS) with effect from 19 June 2023, granting preferential market access to 65 developing countries, including Sri Lanka. …

• Editor
• January 14, 2026
• Business, News
• Business
• 0 Comments

Importers have agreed to reduce the prices of imported milk powder from January 16, the Ministry of Trade, Commerce, Food Security and Cooperative Development said today. Accordingly, the price of a kilogram of imported milk powder will be reduced by Rs. 125, while a 400-gram packet will see a reduction of Rs. 50 from January 16. The Ministry said the …