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Prez calls for report on delay in importing eggs!

Published

2 years ago

on

President Ranil Wickremesinghe has instructed Trade Minister Nalin Fernando to submit a comprehensive report to the next Cabinet meeting regarding the people who obstruct the process of importing eggs.

The President had expressed these views during the Cabinet meeting held yesterday.

The trade minister informed the Cabinet meeting that some parties are attempting to prevent egg imports.

Meanwhile, Government Veterinary Officers’ Association President Dr. Sisira Piyasiri said that they will join poultry farmers in a massive protest if eggs are imported without finding solutions to the issues faced by the farmers.

Dr.Piyasiri said several politicians expressed objections to the Department of Animal Production and Health (DAPH) Director General during a COPE meeting for not allowing the import of eggs even when there is a bird flu spreading in several states of India.

The government veterinary officers went on sick leave yesterday (30) in protest of this incident and over the failure to provide solutions to the problems of poultry farmers.

Dr.Piyasiri said the local poultry industry will collapse if eggs are imported. He also said none of the proposals presented by the veterinarians to develop the industry have been implemented so far.

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Milco milk powder prices slashed

Published

4 days ago

on

September 10, 2024

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The prices of Milco milk powder have been reduced effective from today (Sep 10).

The price of a 400g milk powder packet has been reduced by Rs. 75, to Rs. 1,050.

Meanwhile, the price of a 1kg packet has been reduced by Rs. 190 to Rs. 2,585.

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CBSL relaxes mandatory export conversion period

Published

5 days ago

on

September 9, 2024

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The Central Bank of Sri Lanka (CBSL) has relaxed the mandatory export conversion period in the latest exports proceeds conversion rule.

As per the new rules, the mandatory  export conversion period  has been extended to roughly a three-month period from an earlier one-month period.

The CBSL states : Taking into consideration  the macro-economic developments, in particular the developments in domestic foreign exchange market conditions, Central Bank of Sri Lanka issued the “Repatriation of Export Proceeds into Sri Lanka Rules No. 01 of 2024” (Rules), which was published in the Gazette Extraordinary No. 2391/02 dated 01.07.2024, in terms of the Central Bank of Sri Lanka Act, No. 16 of 2023, substantially relaxing the period applicable for exporters of goods to convert their export proceeds into Sri Lanka Rupees.

The complete press release is as follows :

press_20240907_relaxation_of_the_period_applicable_for_exporters_of_goods_to_convert_their_export_proceeds_into_sri_lanka_rupees_eDownload

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3 million eggs imported from India 

Published

7 days ago

on

September 7, 2024

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A shipment of 3 million eggs from India is set to arrive in Sri Lanka by the end of this week, according to Asiri Walisundara, Chairman of the Sri Lanka State Trading Corporation (STC).

He stated that procurement has been completed and applications for the import have been submitted to the Department of Animal Production and Health (DAPH) for approval.

The imported eggs are expected to be sold at approximately Rs. 40 each.

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