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
Sri Lankan government drafts national guidelines for child day care centers
-- [13 minutes ago]
Compass Tech Asia, global leaders in Homeland Security, launched in Sri Lanka
-- [48 minutes ago]
Canadian Foreign Minister Inaugurates Jaffna's only Siddha Center
India's External Affairs Minister holds discussions to resolve India-Sri Lanka Fishermen Issues
Shippers' Council's contribution to Sri Lanka import export sectors recognized at 50th anniversary celebrations
CID questions former IGP over popular editor Lasantha Wickremetunga's murder
Gampaha Magistrate also restricts joint opposition Pada Yathra
While some walk for power, government committed to build the country - Sri Lankan President
Modernization of Sri Lanka Customs is a timely requirement, Finance Minister says
Pakistan committed to promote human capital and entrepreneurship development in Sri Lanka - envoy

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.