India| Pakistan | Bangladesh | Sri Lanka| Afghanistan| Nepal | Bhutan | Maldives
 
  LATEST: 
 SOUTH ASIA TODAY
 Logistics
Aviation
Shipping
Railways
Roadways
Freight Forwarders
Supply Chain
 Infrastructure
Airports
Container Terminal
Dryport
Free Zone
Seaports
Railroads
Roads
Technologistics
Warehouse
 Government
Customs
Export-Import
Free Trade
Trade Policy
 SAL Resources
Features
Corporate Results
New Faces
Press Release
Events
News Archive
Interviews
Dighi Port plans expansion


 
Mr. V.G. Kalantri, CMD, Dighi Port
More Interviews
Live Projects
 
LXE develops "Voice Code" a superior version of Bar
Beluga sets up office in India
Secure-Globe sees huge biz opportunities in India
India prepares the ground for National Flying Institute
SIATI sees India becoming aerospace outsourcing hub
  HOME >> SRI LANKA >> SUPPLY CHAIN >> Full Story
Tuesday, September 07, 2010 11:20 SST SUPPLY CHAIN
Lankan Postal Dept in short of stamps

-

Posted on: Friday, December 29, 2006 ; 15:56 IST
Colombo: Postal Department facing severe shortage of stamps of different denominations, said demand for the stamps has seen a dramatic increase during the festive season.

"The postal exchanges have been increased by 35 per cent during the Christmas season and the demand for postal stamps has also increased by 50 per cent," Post Master General S. Senadeera said.

"The Government Press was not able to print the required amount of stamps and the Government has requested ‘Madras Printers’, India to provide Sri Lanka the required amount of stamps as a matter of great urgency," said Senadheera.

According to him, Postal Department will receive 40 million of stamps Rs.5, Rs.10, Rs.20 Rs.30 denominations which would cost Rs.200 million totally.

Although the Government Press was expected to provide 17 million stamps for this season, only 0.9 million stamps will be provided by next week. Stamps provided from India will be used to meet the current demand. "These stamps will be used for nine months 2007 and then Government Press will given the orders to print the entire stamps requirement locally," said Senadheera.

He noted that although the Government had decided to stop stamp imports, as the Government Press had agreed to print the required amount of stamps and the decision had been changed due to increase in sales this season.

Before 2002 the total stamp requirements had been printed in foreign countries and subsequently Sri Lanka started to print stamps through the Government Press in 2002 in a bid to save foreign exchange.

"But the Government Press was unable to provide the required amount of stamps every year and again we had to place orders in foreign countries. The Government Press has been set up to print other state documentations and while doing that it finds it difficult supply stamps requirement of the country," said Posts and Telecommunications Ministry sources.

Sri Lanka requires nearly 20 million stamps monthly totalling 9 million Rs.5 denominations, 3 million Rs.10 denominations and 3 million Rs.20 denominations, according to the Postal Department sources.

                                                                                                         
print
Register Now!
Login
 User ID
 Password
   Forgot password?
Business News & Leads
Railway Budget 2007-2008
Related Stories
  About Us | Contact Us | Terms of Use | Advertise with Us| Privacy Policy | Disclaimer| Feedback

copyright© 2005 elog Worldwide Inc. All rights reserved. This site is best viewed in Internet Explorer 4.0 and Above