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#Palm oil

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Business

Palm oil ban fuels economic and poverty concerns in Sri Lanka

The Sri Lankan government continues to give preferential treatment to coconut oil while discouraging oil palm cultivation which has increased foreign exchange losses...

Business

Palm oil ban drains Sri Lanka’s reserves by $35 Million annually, warns industry body

Sri Lanka’s ban on palm oil cultivation is costing the country millions in foreign exchange and threatening its fragile economic recovery, the Planters’...