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 importer in Sri Lanka ordered to immediately release hidden stocks
Sat, Jan 4, 2014, 10:43 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 04, Colombo: Sri Lanka's Consumer Affairs Authority (CAA) has ordered a milk food company to immediately release the stocks of stashed milk powder to the market.

The company has imported 20 containers of milk powder and they remain in the container yard in Orugodwattta, according to CAA. The stock contains around 500 metric tons of milk powder.

The Authority says the importers are hoarding the milk powder stocks creating an artificial shortage to demand a price hike.

The Consumer Affairs Authority has warned that it will take legal action against any importer, manufacturer, or distributor of milk powder who hoards the essential item without approval from the Authority.

Prices of milk powder, an essential commodity in Sri Lanka, are controlled by the state Consumer Affairs Authority and the government has turned down requests from milk powder companies to increase the prices.

Milk powder companies have sought an increase of price of milk powder by Rs. 250 per kilo.

Meanwhile a strike launched by the employees of the state-owned Milco Company against the management had also affected the supplies of locally produced Highland brand of milk powder.

The employees of state owned milk food company Milco have launched a strike against the management.

The management accuses that the trade unions are under a contract of the foreign milk food companies.

ColomboPage - Recent 10 Stories
Sri Lanka aims to double the freshwater prawn production with new hatchery
-- [3 hours ago]
Decision on Sri Lanka bunkering project depends on China talks - Port Minister
-- [4 hours ago]
Second suspect arrested for hacking Sri Lankan President's website
-- [4 hours ago]
Court allows Ven. Uduwe Dhammaloka Thera to travel overseas
-- [4 hours ago]
Hotel Asia to propel Lankan hospitality products and services to Maldives
-- [4 hours ago]
Construction work on Rajagiriya flyover begins today
-- [6 hours ago]
MDMK leader Vaiko wants UNHRC, Red Cross to probe disappearances of Tamils in Sri Lanka
-- [7 hours ago]
Sri Lanka President to declare 2017 as the year to liberate the country from poverty
Government created a conducive environment in North for people to live a normal life - FM
U.S. Navy ship Frank Cable arrives at port of Colombo in Sri Lanka

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.