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“Can meet with complete Thriposha requirement if given necessary maize”

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Mr. Deepti Kularatne, Chairman of the Sri Lanka Thriposha Ltd. says that more than 3.7 million Thriposha packets have been distributed to villages so far in 2023.

He also said that the production and distribution of Thriposha is being carried out as usual and currently 1.3 million Thriposha packets are being produced per month.

Speaking to media today (13), he said :

“Usually, we have to provide around 1.9 million Thriposha packets monthly. However, the current requirement is about 1.3 million, which includes separate supplements produced for expecting mothers, lactating mothers and for children aged over 03 years.”

“Presently, due to an issue with the criterion imposed, the Thriposha supplement produced for children aged between 06 months – 03 years, is currently not in production. After the Ministry of Health resolves the issue, we are able to supply this as well,” he added.

“The biggest problem we have is the shortage of maize. We have not yet managed to produce the maize required for the Sri Lankan market. If we get the exact amount of maize we need, we can produce the entire 1.9 million packet requirement within a period of 20 days,” he further said.

Mr. Kularatne also said that they hoped to initiate a mechanism to cultivate maize exclusively for the Thriposha production, which will be kicked off after receiving the necessary approval, he added.

In addition, the World Food Programme will provide the necessary Maize and Soy for the next 03 months, he said.

Mr. Kularatne also appeals to the public not to have unnecessary fears about Thriposha and Suposha, which have been a highly nutritious supplement for Sri Lankan mothers, lactating mothers and children for 50 years.

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Imported salt to arrive in SL next week

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The first shipment of 20,000 MT of salt from India is expected to arrive next week, according to Lanka Salt Ltd. Chairman – T. Nandana Thilaka.

He stated that this shipment will help end the ongoing salt shortage, ensuring consumers can buy salt from the market without difficulty.

The Chairman added that part of the salt ordered by National Salt Ltd. has already been acquired by the company and is being distributed locally to meet demand.

He stated that recent rains have disrupted the salt harvest in Hambantota and other salterns.  

However, with the arrival of the Indian shipment, he plans to sporadically release salt to the market starting next week.

Chairman D. Nandana Thilaka stated that yesterday (May 14), Lanka Salt Ltd. issued 100,000 packets of 400g table salt to Lanka Sathosa, and another 100,000 packets will be issued today (May 15).

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US cuts tariffs on small parcels from Chinese firms like Shein & Temu

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President Donald Trump has slashed the tariff on small parcels sent from mainland China and Hong Kong to the US, just hours after the world’s two biggest economies said they would cut levies on each other’s goods for 90 days.

The new tariffs on small packages worth up to $800 (£606) have been cut from 120% to 54%, according to a White House statement.

The flat fee per parcel will remain at $100, while a $200 charge due to apply from 1 June has been cancelled.

Chinese online retail giants Shein and Temu had previously relied on the so-called “de minimis” exemption to ship low-value items directly to customers in the US without having to pay duties or import taxes.

Neither Shein or Temu immediately responded to BBC requests for comment.

The duty-free rule was closed by the Trump administration earlier this month.

Some shoppers told the BBC that they rushed through purchases ahead of that deadline.

The latest rates came after the US and China released a joint statement announcing they would temporarily reduce their tit-for-tat tariffs and start a new round of trade negotiations.

Share markets jumped on Monday after Trump said weekend talks had resulted in a “total reset” in trade terms between the two countries, a move that went some way to ease concerns about a trade war between the two countries.

Under the agreement, the US will lower those tariffs from 145% to 30%, while China’s retaliatory tariffs on US goods will drop to 10% from 125%.

Trump told reporters, that, as some of the levies have been suspended rather than cancelled altogether, they might rise again in three months time, if no further progress was made.

But the president said he did not expect them to return to the previous 145% peak.

“We’re not looking to hurt China,” Trump said after the agreement was announced, adding that China was “being hurt very badly”.

Trump added that he expected to speak to Chinese President Xi Jinping “maybe at the end of the week”.

(BBC News)

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Concerns over salt shortage in market

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The Salt Producers’ Association has raised concerns over a shortage of salt in the local market.

Chairman of the Association, Ganaka Amarasinghe, said that although the government had approved the importation of 30 MT of salt, the shipment has been delayed, affecting both availability and pricing.

However, Amarasinghe has said that this shortage is expected to be resolved within the coming week, with the arrival of the delayed consignment.

Meanwhile, consumers and traders have also voiced steep prices of salt.

Reports add that the Consumer Affairs Authority has also received numerous complaints regarding this.

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