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 importers of Sri Lanka to further slash imports
Sun, Jan 12, 2014, 10:20 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 12, Colombo: Milk powder importers of Sri Lanka have jointly written a letter to the Consumer Affairs Authority that they will further limit the import of milk food due to losses.

The milk powder companies have pointed out that they are losing around Rs. 110 per each 400g milk powder packet and they will not be able to continue sales with this loss as milk food prices have escalated in the world market.

They also pointed out that further slash of imports may worsen the shortage.

The milk powder importers note that the government had turned down the request of the companies to reduce the prices when the price was down in the world market.

They said that the government had imposed more taxes them instead of reducing the price.

The government levies Rs. 140 per one kilo packet of milk powder and Rs. 55 per 400 g packet, the companies say.

ColomboPage - Recent 10 Stories
Complaints lodged against Johnston Fernando, Rishad Bathiudeen at Sri Lanka's bribery commission
-- [3 hours ago]
Two police officers in Sri Lanka suspended over suspect's suicide while in custody
-- [4 hours ago]
Sri Lanka Freedom Party appoints four-member committee to decide on national government
-- [4 hours ago]
Sri Lankan minister to prepare report on vehicles not yet returned by former ministers
-- [4 hours ago]
Sri Lankan President to leave for London tomorrow on an official visit
-- [4 hours ago]
Sri Lankan authorities to commence programme to identify sand and soil to be mined
-- [5 hours ago]
Sri Lanka to hold elections under a new electoral system
UN Rights Chief urges Sri Lanka not to repeat failures of the past
China hopes Sri Lanka will properly resolve problems to preserve confidence in Chinese investors
Former Sri Lankan President says no construction of presidential palace for him in Jaffna

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.