The Si Lankan government has decided to import 100,000 Metric Tons of rice from Myanmar in order to maintain a buffer stock.

Sri Lanka’s farm gate paddy prices have risen to around 95 rupees a kilogram, amid rising retail rice prices above 75 rupees promised in a relief package,

Trade Minister Bandula Gunawardena says that there is no shortage of rice in the market Speaking to the media after inspecting the rice warehouses in Pettah on Wednesday (29), the Minister said that an artificial shortage has been created in the country when there is no such shortage of rice.

COLOMBO: Sri Lanka’s government has started seizing stocks of sugar and rice from warehouses and will release them on the open market at regulated prices from Thursday as part of

Reserves set to go up to $ 4b, $787 m from IMF, $150 m from B’desh expected, China Development Bank to lend 2 b renminbi loan.