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Article: Increase in coconut products export earnings
- Article from:
- The Sunday Observer
- Article date:
- August 16, 2009
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Colombo, Aug. 16 -- Coconut Development Authority (CDA) declares that export earnings from coconut products amounted to Rs. 13,637 million over the first half of 2009 and it was a substantial increase by 35 per cent as compared to the corresponding figure of Rs. 10,158 million in 2008.
The same positive momentum is envisaged to continue even during the 2nd half of 2009 and it is expected to earn Rs. 30 billion as foreign exchange from exports of coconut products in 2009. Keerthi Sri Weerasighe, Chairman, CDA stated that this achievement has been made despite a strong global recession and negative economic growth scenario in many importing countries.
Especially the huge demand for Coconut ...