As its total branch network edged to 380, Lanka Sathosa is preparing to cross the 400 branch mark next-and despite 9 outlets hit by recent floods, Lanka Sathosa continued its disaster relief assistance successfully braving the situation.more

As the latest data showed a three-fold total trade jump with Bangladesh (including a three-fold rise in exports!) Sri Lankaโ€™s high-level talks with Bangladesh for even bigger trade and investments are now slated for next month in Dhaka.   โ€œBilateral trade between the two countries tripled since 2010 but theremore

As a result of speedy relief operations, the number of flood victim shelters in Ratnapura has decreased steadily. The most critical need of the victims and the Ratnapura city-that is the drinking water supply-has now been restored. Even the entire array of destroyed water wells has been renovated.more

Lanka Sathosa network is growing from strength to strength and no plans to privatise it.   โ€œLanka Sathosa expansion program is to strengthen our largest state owned supermarket system and not to privatise itโ€ said Minister of Industry and Commerce Rishad Bathiudeen on 10 June in Kattankudi, Batticaloa. Minister Bathiudeenmore

As latest casualty reports indicated that 48659 families (and counting) were hit by flood deluge in Ratnapura District, Minister of Industry and Commerce announced immediate measures beyond ration delivery to even livelihood revival on 3 June. And for the first time, the government is directly making use of Sri Lankaโ€™smore

A powerful but a perturbed retail market supplier collective in Sri Lanka voiced that the prohibited market practice of mixing imported and domestically milled rice could be overcome with a simple move, instead of resorting to punitive official raids.ย  Meeting the Minister of Industry and Commerce Rishad Bathiudeen in earnestmore

Ongoing economic reforms in Sri Lanka have excited Indian corporate investors, amongst them Indiaโ€™s biggest player in their domestic LNG gas sector who is bidding to enter the Lankan market to supply the new, green LNG -and also to revolutionise the present LNG supply system here as well.more

CAA should take legal action against errant millers who hoard paddy stocks. CAA should also raid sellers who sell imported rice claiming to be locally produced, was the consensus that emerged at the Cost of Living Committee discussions of 25 May.more