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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