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
Sri Lanka asks developed world to assist developing countries in meeting challenges of climate change
-- [39 minutes ago]
US air strike kills high-profile al Qaeda terrorist leader responsible for 2009 attack on Sri Lanka cricket team in Pakistan
-- [2 hours ago]
Indian Tamil parties except BJP welcome actor Rajinikanth cancelling visit to Sri Lanka
-- [2 hours ago]
Attempts to manipulate Hambantota Port deal - CaFFE
Ceylon Chamber marks 178 years of service to the nation today
German Travel Association contemplates to host next AGM in Sri Lanka
Sri Lanka, Pakistan should utilize the full potential of FTA - Pakistan PM
Five Nigerian nationals remanded for violation of visa conditions
Sri Lanka Speaker warns MPs against making insults and accusations in the House
Russia will commit to provide benefits of bilateral relations to Sri Lankans - Russian Prime Minister

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.