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::

* Sri Lanka consumer authority considers revising milk powder prices
Mon, Jan 27, 2014, 01:20 pm SL Time, ColomboPage News Desk, Sri Lanka.

Jan 27, Colombo: Sri Lanka's Consumer Affairs Authority says it will hold a special discussion on Tuesday (January 28) to decide on revising the prices of milk powder.

The Authority has considered revising the milk powder prices as several milk powder companies have sought a price hike due to the price escalation in the world market.

Milk powder is considered an essential item in Sri Lanka and its price is controlled. The milk powder companies need the approval from the Consumer Affairs Authority to increase prices.

Sources say that the milk powder companies have sought a price increase of Rs. 250 per one kilogram packet but an official said the Authority will try to minimize the inconvenience to the consumer and prices will not be increased as much as requested.

However, Consumer Affairs Authority Chairman, Rumi Marzook said no decision has been taken yet on a price hike.

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.

ColomboPage - Recent 10 Stories
Pugoda Magistrate Court transfers case against former minister Basil Rajapaksa to Gampaha High Court
-- [5 hours ago]
Sri Lankan Government has taken measures to strengthen parliament - PM
-- [5 hours ago]
Sri Lanka Speaker calls on young lawmakers to act as role models for youth
-- [6 hours ago]
Houses for 68 more families affected by Meethotamulla disaster
-- [7 hours ago]
Central Province Minister resigns from post to protest father's removal from SLFP organizer post
-- [8 hours ago]
'Sri Lanka is a beacon of hope for other parliamentary democracies' - IPU President
-- [8 hours ago]
Sri Lanka Premier leaves for India on working visit
-- [8 hours ago]
Sri Lanka Navy, Indian Coast Guard facilitate repatriation of seven Sri Lankan fishermen
-- [9 hours ago]
Sri Lanka-Korea trade association formed to boost bilateral trade
-- [9 hours ago]
Court revokes arrest warrant on former cricketer Tillakaratne Dilshan
-- [9 hours ago]

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.