Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka to increase cinnamon production
Sun, Feb 17, 2013, 11:31 am SL Time, ColomboPage News Desk, Sri Lanka.

Feb 17, Colombo: Sri Lanka's Department of Export Agriculture pans to take measures to step up the production of cinnamon in the country to increases cinnamon exports.

Sri Lanka plans to increase the cinnamon exports to a target of one billion US dollars by 2015, the Sri Lanka Economic Development Board (EDB) says.

Accordingly, cinnamon production facilities are expected to be established in the cinnamon cultivation areas in the country.

Initially a program will commence in the Deniyaya Panilkanda area, the Department said.

According to the EDB Sri Lanka produces 70 percent of cinnamon demand at the world market and exports 85 percent of country's annual cinnamon production, mostly to the USA and Mexico.

Sri Lanka annually produces 16,000 metric tons of cinnamon in about 31,000 hectares of land. Cinnamon trade is the livelihood for 260,000 families in the country.



ColomboPage - Recent 10 Stories
Sri Lanka Attorney General's Department sets up provincial units
-- [3 minutes ago]
Sri Lanka briefs diplomatic community on measures taken to subdue renewed threat of terrorism
-- [1 hour and 40 minutes ago]
Sri Lankan President vows to take strict action against lawbreakers, not to permit religious discord
-- [3 hours ago]
Parliamentary delegation of Balochistan visits Sri Lanka
-- [3 hours ago]
Sri Lanka business chamber conducts workshop on media Strategies for corporate sector
-- [4 hours ago]
Sri Lanka to conduct tsunami drill today
-- [4 hours ago]
Japan offers higher education scholarships to Sri Lankan students
-- [5 hours ago]
Australia says co-operation with Sri Lanka to prevent people smuggling is a success
-- [5 hours ago]
Sri Lanka appoints Malinga as captain of T20 Team until March 2015
-- [8 hours ago]
Extremist Sri Lankan Buddhist organization surrounds government ministry

Copyright © 2000, 2012 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.