February 15, 2024
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7min1
Minister of Agriculture Dr. Md. Abdus Shaheed said 3-4% foreign exchange is earned by exporting raw jute and jute products, which is worth US$ 1.20 billion. The jute sector contributes 1.4% to the country’s GDP and the jute sector contributes 26.26% to the agricultural GDP. Jute is the second most important fiber in the world after cotton. The Agriculture minister said […]


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Lanka Business News is amongst the leading online Business News portals in Sri Lanka, unique for its focus on contemporary business news relevant across multiple industries operating in the country. We present not only the news, but a perspective based on observations and possible implications of a prevailing news item. LBN also provides an insight to the impact of a global economic or industrial development, thus helping stakeholders make informed and calculated decisions.




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