header logo
Asia asset finance
Latest
Government extends rice importation period
Dec 20, 202409:17 AM
Government extends rice importation period

The government has announced its decision to extend the period for rice importation until January 10, 2025, with the final agreement expected to be confirmed at the Cabinet meeting scheduled for Monday (23).

 

Cabinet Spokesman Minister Dr. Nalinda Jayatissa stated yesterday (19) that measures would be taken to extend the rice import period as necessary. Accordingly, a Gazette notification formalizing the extension will be issued on December 24, 2024.

 

The current authorization for rice imports is set to expire at midnight today (20). Without an extension, any rice stocks imported after this deadline will need to be re-exported, according to Additional Director General of Customs and Customs Media Spokesperson Seevali Arukgoda.

 

Since the government granted permission for rice importation on December 4, the private sector has imported a total of 35,600 metric tons of rice. Of this, nearly 20,000 metric tons consist of Nadu rice, while 16,000 metric tons comprise Kekulu rice.

 

In addition, a shipment of 52,000 metric tons of rice ordered by the Sri Lanka State Trading (General) Corporation is expected to arrive at the port.

 

Meanwhile, responding to an inquiry made by Ada Derana, the Chairman of the Sri Lanka State Trading Corporation, Ravindra Fernando stated that a total of 10,400 metric tons of rice ordered by Sathosa through the Corporation have already been released to the market.

 

 

 

MostRead
Mobitel 5g
VideoStories
Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

Farmers decry lack of fertilizer stocks; Fertilizer for Yala season already disbursed, Minister says

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

First graduation ceremony of Mogo Media Academy held in Colombo; 115 students awarded certificates

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

“Global & domestic pressure may challenge future stability" Steps announced to tackle rising risks

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Former MP Udaya Gammanpila claims Suresh Sallay on hunger strike in CID custody

Govt assures fair paddy prices aligned with farmers' production costs

Govt assures fair paddy prices aligned with farmers' production costs

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Schools must serve as safe and secure spaces for children -PM Harini Amarasuriya

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

Private bus operators demand 5% fare revision following the fuel price hike

Private bus operators demand 5% fare revision following the fuel price hike

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Lassana Flora