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 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.
