ETCA will not impact local fishing industry - Fisheries
Minister
The proposed Economic and Technical Cooperation
Agreement (ETCA) will not impact the local fishing industry,
Fisheries and Aquatic Resources Development Minister, Mahinda
Amaraweera told Sunday Observer Business. “However, we are vigilant
to see that there are no loopholes in the agreement which might
affect the fishery industry.
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Lanka to have its own gas : Further oil exploration in Mannar
basin
Petroleum gas is available in two of the four
blocks which have been explored in the Mannar basin, Petroleum and
Petroleum Gas Minister, Chandima Weerakkody said. Sri Lankans can
use their own petroleum gas within the next five years, he said.
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Diversify exports to achieve US $ 100 b target - MD and CEO,
Lanka Harness
Sri Lanka still lacks major
technologically-driven firms to increase export turnover and move
towards the target of a US $ 100 billion economy, Managing Director
and CEO, Lanka Harness Company (Pvt) Ltd., Rohan Pallewatta told
Sunday Observe Business. He stressed the importance of achieving a
US $ 100 billion economy if the country is to attract large foreign
direct investments.
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Vegetable prices may tumble
As large quantities of vegetables are being
received by the Dambulla Economic Centre, the prices of vegetables
may drop further, an official at the centre said. The prices of
beetroot, potatoes, carrots, capsicum chillies, onions, chillies,
cabbage, onions and manioc have come down. According to him, the
prices of most vegetables may drop by about 50 percent.
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