SRI LANKA HALAL FOOD SECTOR INNOVATES TO SURVIVE DURING WORSENING ECONOMIC CRISIS
May 27th, 2022
Sri Lanka’s halal-certified food and beverage industry is looking at innovative ways to weather the country’s current deep economic crisis, which is spiralling out of control – a state of emergency was imposed on Friday (May 6). Its success or failure matters because its exports account for 65% of Sri Lanka’s total food and drink exports, which generated average annual receipts of USD2.56 billion between 2016 and 2020, according to the island’s Halal Accreditation Council (HAC). The current economic crisis is the worst since independence from Britain in ...
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