Business Times

Pension fund for Sri Lanka’s 6-million informal sector
Sri Lanka will see the emergence of a plethora of pension funds next year with the entry of three new funds announced in the budget which would be managed by the Central Bank (CB), targeting the 8 million-strong workforce.
 
Nestle plans Rs 8-10 bln investment, double milk output

Nestle Lanka Plc, Sri Lanka’s largest private collector of fresh milk, plans to invest between Rs 8 to 10 billion rupees in an accelerated growth plan over the next five to eight years aimed at, among other objectives, sourcing all its fresh milk requirements from Sri Lanka.

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