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DateLine Sunday, 27 January 2008

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A proper fiscal plan on the duty structure is needed to support the desiccated coconut industry.

Shortage of nuts hits employment in DC industry

The desiccated coconut industry has been adversely affected with a loss of around 10,000 direct and 20,000 indirect employment, due to the severe shortage of coconuts in the country said a spokesman for the Sri Lanka Desiccated Coconut Millers Association.

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Internal issues also increases food prices - Economic analysts

Economic analysts say that internal issues in the country also increases food prices in the local market and the authorities should take measures to curb the situation without blaming external shocks.

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Lanka nets Rs. 930m on tea exports to Japan

Sri Lanka earned Rs. 930 million by exporting tea to Japan up to November last year and the target is to increase the export earnings from Japan to one million this year. During a recent visit to Japan Minister of Plantation Industries D. M. Jayaratne presented gold, silver and bronze medals to Sri Lankan tea importers in Japan. In addition the trade representatives of Japan had a discussion on the import of Sri Lankan Tea with the minister.

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