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
Tamil Nadu CM writes to Indian PM again on Sri Lanka Navy arresting 50 Indian fishermen
-- [4 hours ago]
Malaysian firm to invest in a hybrid power project in Sri Lanka's North
-- [4 hours ago]
Vatican confirms Pope's visit to Sri Lanka January 12 -15
-- [6 hours ago]
Students' Collective at Open University of Sri Lanka lodges a rights complaint
-- [6 hours ago]
Sri Lanka Election Commissioner to meet party secretaries tomorrow on Uva PC elections
-- [7 hours ago]
Conduct an audit regarding seized drugs, opposition asks Sri Lankan government
-- [8 hours ago]
Malinga decides to play for Mumbai Indians at CLT20
-- [8 hours ago]
Main opposition to visit Sri Lanka state enterprises without prior notice
-- [8 hours ago]
Sri Lanka Marxist party leader discharged from hospital after accident
-- [9 hours ago]
Coalition party of Sri Lanka n government to contest Uva PC separately

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.