Sri Lanka Customs has cleared 75,000 metric tons of imported rice as of December 29, following the government’s decision to allow rice imports without permits. Customs Media Spokesperson and Additional Director General, Seevali Arukgoda said the cleared imports include 32,000 metric tons of Samba rice and 43,000 metric tons of Nadu rice. Arukgoda also said […]
Despite the import of 50,161 tonnes of rice through Bhomra land port in Satkhira alone over the past month, rice prices in the domestic market have remained stubbornly high. The duty-free rice imports, permitted to 92 companies since November 13, were aimed at stabilising prices, but no significant impact has been observed. Importers report that […]
By TED CORDERO, GMA Integrated News The Department of Agriculture (DA) on Friday announced it is in discussions with Pakistan for the allocation of at least one million metric tons of rice to be imported by the Philippines. In a statement, the DA said both nations “could reach a final deal by June next year.” […]
By PTV NEWS-DAC By Dean Aubrey Caratiquet On Thursday (Dec. 26), Department of Agriculture (DA) Secretary Francisco Tiu Laurel Jr. announced plans to remove brand labels from imported rice, citing concerns that some industry players are manipulating the system to inflate prices and exploit Filipino consumers. “After conducting a series of market visits, we now […]
By Stephanie Sevillano MANILA – The Department of Agriculture (DA) said Thursday it would remove brand labels on imported rice to combat alleged price manipulation in local markets. In a statement, DA Secretary Francisco Tiu Laurel Jr. said the plan will cover “premium” and “special” imported rice labels which are being used to justify the […]
by Staff Writer COLOMBO (News 1st): The Cabinet has approved the importation of rice until the January 10, 2025. This decision was made during the Cabinet meeting held yesterday. Cabinet Spokesman, Minister Dr. Nalinda Jayatissa, said that the rice importation permit, which expired on the 20th of December, has been extended until the January 10. […]
Traders across various regions have urged the government to reconsider the Rs. 65 per kilogram tax imposed on imported rice, advocating for a reduction to alleviate market challenges. Consumer organizations echo these sentiments, emphasizing that a lower import tax could stabilize rice prices and make it more affordable for consumers. The government has implemented several […]
ECONOMYNEXT – Sri Lanka has earned 4.3 billion rupees in taxes from imports of 67,000 metric tonnes of rice, reports said, indicating the extent the consumer is taxed to grow expensive rice in the country. Sri Lanka taxes rice at 65 rupee a kilogram (65,000 rupees a tone) to keep the basic staple of the […]
The period granted by the Government for the importation of rice ended on midnight Friday (20), with a total of 67,000 metric tons of rice being imported during this period, said the Sri Lank Customs (SLC) media spokesman Seevali Arukgoda. He stated, “For this stock of rice, the SLC collected import taxes amounting to Rs […]
The deadline for rice imports permitted by the government expired at midnight on Friday (Dec 20) with private importers bringing in 67,000 metric tonnes during the period. Sri Lanka Customs said that it collected Rs. 4.3 billion in taxes on these imports. The imported stocks included 28,500 metric tons of raw rice (Kekulu) and 38,500 […]
