THE CENTRAL HIGHLANDS OF SRI LANKA ARE TEA COUNTRY.
Lush plantations climb the hillsides, and trucks loaded with 40-kilogram (88-pound) bales of tea leaves clatter down winding roads, bound for the port of Colombo.
But during a recent visit to the Geragama tea estate on the outskirts of Kandy, Sri Lanka's second city, few bales were going out. The country is experiencing one of the most severe economic meltdowns to strike any nation in decades, and like virtually every business, Geragama was struggling to obtain basic materials. The price of fertilizer had gone up ninefold since 2019, while electricity shortages forced it to rely on a generator for at least a few hours each day.
Diese Geschichte stammt aus der December 05, 2022-Ausgabe von Bloomberg Businessweek US.
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Diese Geschichte stammt aus der December 05, 2022-Ausgabe von Bloomberg Businessweek US.
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