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Rice at wholesale prices from Sathosa outlets

Consumers are able to buy rice at the wholesale price through the Sathosa outlets island-wide, Sathosa Chairman T.M.K.B. Tennakoon said. The official has said the decision was taken with the intention of reducing the cost of living of the people and the retail vendors will also be able to get …

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Strategic economic plan to introduce for next three years

Prime Minister Ranil Wickremesinghe today delivered the Economic Policy Statement in Parliament and clarified the current status of Sri Lanka’s economy and the way forward for his government and the people. He stated that the challenge faced today is to sustain what they have built, and strengthening the economy. He …

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Sri Lanka’s 2018 budget should continue fiscal consolidation-IMF

The International Monetary Fund (IMF) says Sri Lanka’s 2018 budget should continue fiscal consolidation, supported by the new Inland Revenue Act and upholding the reform momentum is key to addressing vulnerabilities and sustaining inclusive growth. Issuing a statement after constructive discussions with the Sri Lankan authorities in Colombo and during …

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Lanka tea prices seen remaining high on global shortfall

Lankan tea prices were mostly firm or higher at this week’s auctions with high grown varieties rising sharply, some hitting record levels, and prices seen remaining high owing to the global shortfall in production, brokers said.   Asia Siyaka Commodities said low grown teas, which account for the bulk of …

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Country has 7,137,000 registered vehicles

Commissioner General of Motor Traffic A.H.K. Jagath Chandrasiri says the country has 7,137,000 registered vehicles as at last Monday.   Motorcycles and three wheelers accounted for the majority of them, he said. There are 3,986,000 motorcycles and 1,153,000 three wheelers.   Addressing the media at the Department of Motor Traffic headquarters …

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Daya helps oyster farmers

Minister Daya Gamage is taking steps to provide nets and other gear for 200 oyster farmers at Kudawa, Kandakkuliya. He toured the area yesterday and met with the farmers as part of the programmes to coincide with president Maithripala Sirisena’s national food production battle. The minister said each farmer would …

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