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
Sri Lanka National Chamber hosts B2B meetings with Czech delegation
-- [9 hours ago]
Sri Lankan PM vows to fight corruption, strengthen economy, develop the country
-- [9 hours ago]
Sri Lanka Air Force asks MoD to take action against former director of operations - report
In Pictures: Sri Lanka Freedom Party May Day rally in Galle
Sri Lanka Transport Board paid Rs. 42 million to ferry people to May Day rallies
WIPO commends Sri Lanka for concrete deliverables under IP Action Plan
Sri Lanka celebrates World Labor Day today
Northern Province CM issued notice to appear in apex court over NPC resolution - report
Sri Lankan PM emphasizes the responsibility of Labor unions to safeguard the rights of the workers
Sri Lankan President calls for a firm commitment to make the victories achieved by working people a reality

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.