Foreign Exchange Archives - Lanka Business News

May 6, 2024

Politics and economics are concepts that are fundamentally intertwined. Yet the unprecedented economic crisis of 2022 highlighted the complex challenges of aligning short-term political goals with long-term economic strategies. While the sharp appreciation of the Sri Lankan rupee in recent months has been roundly welcomed by most sectors of society as a positive signal, this […]

November 1, 2023

Pelwatte Dairy, which manufactures a range of dairy products locally and helps save valuable foreign exchange for Sri Lanka, was recognized for its contribution as a business leader in Sri Lanka’s dairy sector. Pelwatte Dairy was awarded the International Business Icon Award 2023 (IBIA) by Consortium Members of Medicina Alternativa OIUCM (Alma […]

August 16, 2023

Pelwatte Dairy, the leading local dairy brand in Sri Lanka that produces a range of dairy products and saves valuable foreign exchange, is pioneering a series of farmer training sessions in Sri Lanka that incorporates Artificial Intelligence based farming know-how, a first in Sri Lanka. Aimed at Pelwatte Dairy’s farmer supply chain, […]

August 11, 2023

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By Lahiru Jayamanne , Trav-Tech Entrepreneur, MBA (AI), UK 6 things Sri Lankan Tourism stakeholders can adapt to face the AI age. The tourism industry in Sri Lanka has always been a key driver of economic growth, contributing significantly to employment and foreign exchange earnings. The importance of tourism into Sri Lanka […]

August 10, 2023

In November 2022, in order to increase foreign exchange earnings, the government of Turkey provided subsidies for their exporters. Taking advantage of this situation Turkish wheat flour producers have been dumping flour into many countries including Sri Lanka at extremely low prices hurting the local producers. The dumping has been going on […]

May 24, 2023

Pelwatte Dairy, the leading local dairy brand in Sri Lanka that produces a range of dairy products and saves valuable foreign exchange, has unveiled its new corporate office in Colombo 3. Pelwatte Dairy’s new corporate home is located at one of the most central and highly accessible locations along the well-known Galle […]

November 17, 2022

Pelwatte, one of the leading local dairy brands in Sri Lanka that produces a range of dairy goods and saves valuable foreign exchange for the country, launched a hybrid milk collection and sales centre in Anuradhapura. This is Pelwatte’s first dairy sales outlet in Kekirawa area and the 15th such outlet in […]

September 22, 2022

Pelwatte Dairy, one of the leading local dairy brands in Sri Lanka that produces a range of dairy goods and saves valuable foreign exchange for the country, is a forerunner in quality and productivity development of local dairy farmers. The dairy leader plans to achieve this through a Project/Program/Initiative that is focused […]

September 12, 2022

Pelwatte Dairy, one of the leading local dairy brands in Sri Lanka that produces a range of dairy goods and saves valuable foreign exchange for the country, has won the hearts of Sri Lankan dairy consumers thanks to its continued offer of Sri Lankan goodness to its dairy consumers. Pelwatte also is […]

August 23, 2022

Pelwatte Dairy, one of the leading local dairy brands in Sri Lanka that produces a range of dairy goods and saves valuable foreign exchange for the country, has won the hearts of Sri Lankan dairy consumers thanks to its continued offer of Sri Lankan goodness to its dairy consumers. What is special […]

A hollow rupee: the high cost of mandatory currency conversions on Sri Lanka’s ability to earn foreign exchange.

Pelwatte Dairy crowned with International Business Icon Award

Pelwatte Dairy embarks on training program to build farmer capacities

Embracing Digital Tools and AI to Pave the Path for Tourism Development in Sri Lanka

Sri Lanka suffers consequences due to flour dumping export strategies

Pelwatte Dairy continues its journey of saving valuable foreign exchange to the nation

Pelwatte Dairy boosts network with hybrid collection and sales center

Pelwatte Dairy in JV with global farm training provider to upgrade Sri Lanka dairy farmers

How Pelwatte makes own animal feed to formulate its creamy rich dairy portfolio

Pelwatte Non Fat Milk offers far healthier and wholesome version of dairy for Sri Lankan consumers