Lankapage Logo Recent Top Stories
CP 14 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Milk powder prices increased in Sri Lanka
Sat, Feb 1, 2014, 11:39 pm SL Time, ColomboPage News Desk, Sri Lanka.

Feb 01, Colombo: Sri Lanka's Consumer Affairs Authority has decided to revise the prices of milk powder in response to requests from the industry.

Accordingly, the price of powdered milk has been increased by Rs. 61 per 400 grams pack, and 1 a kilo gram pack is increased by Rs. 152, with effect from midnight Saturday.

The new price of a 400 kilo grams pack of milk powder will be Rs. 386 and that of a1 kilo gram pack will be Rs. 962.

Several milk powder companies have sought a price hike due to the price escalation in the world market. Since milk powder is considered an essential item in Sri Lanka and its price is controlled, the industry needs the approval of the Consumer Affairs Authority to increase prices.

There is a severe shortage of milk powder in Sri Lanka's retail and wholesale markets. Some producers have suspended distribution due to the losses.

** Related Story :: Sri Lanka consumer authority considers revising milk powder prices

ColomboPage - Recent 10 Stories
Gem smuggling Indian national nabbed in Sri Lanka
-- [4 hours ago]
Sri Lanka to host SAARC Film Festival 2015 in Colombo next week
-- [5 hours ago]
PM appeals to Sri Lankan youth to elect public representatives who are capable of solving their problems
Sri Lankan President calls on SLFP activists to extend support for government
Sri Lanka Navy brings home 16 fishermen released from India
Sri Lanka's former army commander to contest parliamentary elections
Sri Lanka seeks German assistance to ensure durable peace and prosperity for people
Sri Lanka's Chief Justice assures security for Jaffna Judges, lawyers
India, Sri Lanka business dialogue in July
Sri Lankan court bans protests in Jaffna over the arrests

Copyright © 2000, 2014 by LankaPage.com (LLC) :
The news and other contents on ColomboPage are copyrighted property of LankaPage.com, LLC. Any unauthorized use of any information on ColomboPage may constitute a violation of copyright laws. You need written permission to reproduce, republish, post, transmit, broadcast or distribute, material from this site from LankaPage.com, LLC. However, news organizations or broadcasters in Sri Lanka may republish the news items in ColomboPage with proper acknowledgment to ColomboPage.