Gold prices sparkle - investors benefit
There has been a drop in sales due to the sudden
increase in gold prices which has hit a record high of US$ 1,000 an
ounce, according to jewellery manufacturers. A gold sovereign
weighing 24 carats increased from Rs. 26,100 last month to Rs.
27,400 due to the weakening of the US dollar and the surge in world
oil prices which has hit US$ 109 a barrel.
Paddy farmers in dire straits
Paddy farmers in all parts of the country are in
dire straits as heavy rains during the past three weeks have
destroyed their harvest. According to estimates 5-6% of the Maha
season harvest has been lost and the price of paddy has dropped to
Rs. 17 per kg.
Sri agro practices command higher market price
Changing the present agricultural practices in
the country for the better is difficult, since our agro researchers
and bureaucrats serve multinational agro chemical companies, said
Minister of Nation Building, Salinda Dissanayake.