Sri Lanka’s economy expands in July

Sri Lanka’s economy showed robust growth in July 2025, with both the Manufacturing and Services sectors recording strong expansions, according to the latest Purchasing Managers’ Index (PMI) reports. The Manufacturing PMI rose to 62.2 in July from 51.9 in June, reflecting broad-based expansion. New orders climbed to 67.5 and production to 66.5, driven by strong activity in textiles, apparel, and …

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Sri Lanka’s sugar industry in crisis

Sri Lanka’s state-owned sugar industry, primarily represented by the Pelwatte and Sevanagala sugar companies, is currently navigating a profound crisis marked by significant financial distress, unpaid dues, and operational inefficiencies.  While trade unions contend that long-standing issues remain unresolved, state officials indicate that arrears owed to farmers and suppliers have been settled, with the government now focusing on new development …

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