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 introduce a certified price for rubber
Tue, Sep 2, 2014, 08:40 pm SL Time, ColomboPage News Desk, Sri Lanka.

Sept 02, Colombo: Sri Lanka Minister of Plantations Industries Mahinda Samarasinghe said that the government has taken steps to introduce a certified price for rubber.

The Minister said the government has decided to pay the difference between the certified price and the actual market price in case the actual price is lower than the registered price.

Accordingly, the difference is to be paid to the rubber grower.

The Minister pointed out that the price of rubber has gone down internationally and the local price has also decreased due to that reason.

He rejected allegations that the price drop is due to importing rubber latex. He said that only the essential amount of latex is imported and 75 percent of the local rubber harvest is used for production industries locally.

The Minister also said that rubber cultivation has been introduced in new districts as well to increase the production to be sufficient for the local consumption.

ColomboPage - Recent 10 Stories
Indian nationals smuggling foreign currency and Wallapatta arrested in Sri Lanka
-- [1 minutes ago]
Sri Lanka prepares to hold UN Vesak Celebrations for first time
-- [16 minutes ago]
No bilateral agreements during Indian PM's visit to Sri Lanka, President clarifies
-- [47 minutes ago]
Sri Lanka Bureau of Foreign Employment earns Rs. 1.2 billion in profits for the first time
-- [1 hour and 28 minutes ago]
Minister suggests revising water supply charges for the economic stability of water board
-- [1 hour and 50 minutes ago]
Navy grants compensation of Rs. one million for the family of officer died during training in India
-- [2 hours ago]
Body of 13-year-old girl dragged by crocodile found inside its belly
-- [8 hours ago]
Korea EximBank signs aide memoire with ADB and Sri Lankan government to develop Colombo-Trincomalee Economic Corridor
-- [9 hours ago]
Sri Lanka state doctors threaten to strike again between May 3 and 5 demanding to close SAITM
Sri Lanka expects to receive EU's GSP+ tax concession by 15 May as exporters eagerly await to reap benefits

Copyright © 2000, 2014 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.