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 President discusses ICAPP arrangements
-- [4 hours ago]
Fairfax Asia buys 78% stake in Sri Lanka insurer
-- [4 hours ago]
Two major Sri Lankan drug racketeers live in Peshawar, Sri Lanka police say
-- [5 hours ago]
Chairman of Sri Lanka Broadcasting Corporation proposes moves to streamline the national radio
-- [6 hours ago]
Coalition parties of Sri Lankan government raise concerns over ruling alliance's path
-- [6 hours ago]
Korean language proficiency test for Sri Lankan applicants in October
-- [7 hours ago]
Sri Lanka Election Commissioner bans Muslim women wearing burqa or niqab when voting
-- [8 hours ago]
Sri Lanka President names a road in honor of the artist slain by the Marxists party
-- [8 hours ago]
U.S. actions seriously hampering reconciliation efforts in Sri Lanka, government charges
-- [8 hours ago]
Sri Lanka inflation rises to 3.6 percent in July2014

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.