Day: November 6, 2021

Food industry fears looming crisis

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Food industry fears looming crisis Food industry fears looming crisis amidst supply-demand imbalances (By Charumini de Silva Daily FT) Says curtailment of 25% of supplies will lead to economic crisis Companies forced to discontinue production lines, lay off employees, cut salaries and allowances Warns of closure of factories and businesses if no solution given Consumer purchasing power waning as staple food prices have soared; people now opting for cheaper alternatives  Disgruntled consumers allege Govt. protecting traders as majority of MPs are businessmen Asserts no hope from Budget 2022; fears extra…

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Coconut products exporters to tap EU via plant fair in Germany

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Coconut products exporters to tap EU via plant fair in Germany The coconut products sector aims to explore prospects for exports to Europe via the International Plant Messe (IPM) Essen in Germany early next year. The Coconut Development Authority (CDA) will facilitate the participation of Sri Lanka’s coconut-based exporters or manufacturers at the popular trade fair, which will be held from 25-28 January. Following a one-year break from physical participation at trade fairs, the CDA has decided to take part in IPM Essen, one of the world’s leading horticultural trade…

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Constitution-making should be open, public and transparent

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Constitution-making should be open, public and transparent Sri Lanka’s national unity requires the recognition of pluralism within a framework of democratic constitution and a Bill of Rights A group of leading academics, professionals, human rights activists have issued a joint statement urging the government to ensure that a strong degree of accountability and transparency is maintained in the ongoing constitutional reform process. Following is the full text of the statement; “ We, the undersigned, issue this public statement to urge the Government to adopt a transparent and consultative approach to…

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