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5,000 workers lose jobs over apparel factory closure!

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About 5,000 employees have lost employment opportunities due to the temporary closure of nearly 10 garment factories in the past few months.

Three factories of a major clothing company, two factories each of two similar companies and factories of three other companies have been temporarily closed in Koggala, Meepe, Matale, Waturagama and Anuradhapura.

It was reported that some employees have been paid compensation while some organizations that temporarily closed their operations have given leave to the employees along with the basic salary.

Nearly 300,000 people work in 135 factories in 15 investment zones under the Board of Investment and 326 other registered factories.

Also, about 900,000 people depend on indirect income ways generated from these factories.

When questioned about the situation, Yohan Leverance, Chairman of the Garment Factory Owners’ Forum, said that this situation has arisen due to the decrease in demand from the main buyers of clothing, the USA and the European Union.

He said that the current orders are enough for another two to three months and expressed confidence that the situation will improve after September.

He said that this is not a situation that has affected only Sri Lanka, but the garment factories of countries like Bangladesh, Vietnam, Cambodia and China have also been severely affected.

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‘Sisu Sariya’ bus driver, conductor suspended after student falls

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The National Transport Commission (NTC) has said that an investigation into the recent incident where a student fell from the footboard of a ‘Sisu Sariya’ school bus, has revealed that the accident had resulted from the careless and negligent behaviour of both the driver and the conductor.

Issuing a statement, the NTC noted that, based on the preliminary findings, the Road Passenger Transport Authority of the North Western Province has taken steps to temporarily suspend the services of the driver and conductor involved.

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Govt to approve import of 300,000 MT of maize

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Minister of Agriculture, Livestock, Land and Irrigation – K.D. Lal Kantha has announced that the government has decided to import 300,000 MT of maize.

Speaking to the media after attending a District Development Committee meeting at the Kandy District Secretariat yesterday (July 03), the Minister explained that this decision was taken to prevent traders from artificially inflating maize prices.

He stated that certain large and medium-scale businesses dealing with animal feed have been hoarding maize, buying it from farmers at fair prices and reselling it at much higher rates.

According to the Minister, these traders were trying to push maize prices up to Rs.190-200 per kilogram, which would have driven up the cost of eggs to Rs.200 each and increased meat prices significantly.

The Minister emphasized that while businesses are entitled to make a profit, the government will not allow unfair price manipulation. He also noted that, in the past, even ministers profited from animal products, but those days have ended and racketeers will not be allowed to control the market.

To prevent excessive price drops that could hurt farmers, the Food Security Committee has proposed imposing a tax on imported maize, he said.

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Ex-Minister S.M. Chandrasena arrested

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Former Minister – S.M. Chandrasena has been arrested by the Commission to Investigate Allegations of Bribery or Corruption (CIABOC) a short while ago.

Chandrasena had appeared before the CIABOC today (July 04) to record a statement.

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