ECONOMYNEXT – Sri Lanka’s rice crisis is not caused by the use of the grain for beer, Media Minister Nalinda Jayatissa said as price controls made red rice go off the shelves into a black market ahead ...

In Sri Lanka, the consumption of arrack and beer is significant, with people spending as much as Rs. 690 million per day on these beverages, according to the Alcohol and Drugs Information Centre (ADIC ...

Taking in verdant tea country and historic stations, the island’s railway network makes for a perfect way to explore ...

Incurring a staggering amount of annual economic loss of Rs. 241 billion, which is 1.5% of the country’s Gross Domestic Product (GDP), Sri Lankans spend Rs. 1,210 million on arrack, beer and ...

Research conducted by Jafferjee Brother Securities (JBS) has revealed that beer consumers in Sri Lanka pay more than 70% of the retail price of beer in taxes. According to the report, excise duty ...

The beer consumers in Sri Lanka are effectively paying over 70 percent of the retail price of beer purely in taxes, according to research by Jafferjee Brother Securities (JBS). According to the ...

Under the new revisions, the excise duty on various types of alcohol produced in Sri Lanka has been increased significantly ... 4,359 per bottle. Additionally, beer prices have also risen: • ...

Sri Lanka's Constitutional Council has called for nominations from organizations of publishers, editors and media persons, to ...