Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Sri Lanka rice imports fall 34 percent in February
Mon, May 14, 2018, 09:57 pm SL Time, ColomboPage News Desk, Sri Lanka.

May 14, Colombo: Sri Lanka's Rice imports fell 34.4 percent to US$ 23.5 million in February 2018 from a year earlier, as harvest came in and domestic prices eased, official data showed.

Sri Lanka's rice imports surged from the second quarter of 2017 as the government cut import duties when a drought slashed the industry.

In 2017 Sri Lanka's rice imports stood at US$ 300.9 million, up from just US$ 12.8 million a year ago.

However Sri Lanka had a better main cultivation season where harvests started to come around in the first quarter, Economynext reported.

Sri Lanka also cut taxes on potatoes and onion as prices went up. However, with local products coming to the market, the Taxes on onions and potatoes have already been raised.

 

ColomboPage - Recent 10 Stories ::
Local politico, four others arrested for stealing water pumps
-- [4 hours ago]
Sri Lanka Cricket to support ICC match fixing probe
-- [5 hours ago]
Operations of two generators of Sri Lanka's coal power plant halted for maintenance
-- [5 hours ago]
Sports Minister appoints a committee to look into amending the Sports Act
-- [7 hours ago]
President tours flood-hit Chilaw area to observe relief operations
-- [7 hours ago]
Death toll from adverse weather in Sri Lanka rises to 20, over 150,000 affected
-- [9 hours ago]
Retired SC judge to conduct an independent inquiry into match fixing allegations
John Keells PBT increases by 21 percent to Rs. 27.63 billion for FY 2017/18
Government allocates Rs. 69 million to provide relief to people affected by adverse weather
India invites applications for Self-Financing Professional Course

Copyright © 2000, 2016 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.