Lankapage Logo CP 19 YEARS
Go Home Home Serving the Sri Lankan community globally since 2000
go to LankaPage.com

Leading News from Sri Lanka::

* Consumer Affairs Authority imposes maximum retail price for sugar
Fri, Oct 12, 2018, 09:32 pm SL Time, ColomboPage News Desk, Sri Lanka.

Oct 12, Colombo: The Consumer Affairs Authority (CAA) today imposed maximum retail prices for unpacketed and packeted white sugar with effect from Friday.

Issuing a statement, the CAA said that the maximum retail price has been imposed through two Gazette notifications.

According to the Gazette notifications, the maximum retail price of 1kg of unpacketed white sugar is Rs.100 whilst 1 kg of packeted white sugar will be Rs. 105.

The Importerís Maximum Wholesale Price of 1 kg of sugar will be Rs.92.

The Order shall come into effect from 12th October, 2018.

The government earlier said it has decided to take strict action under the Consumer Affairs Authority Act if importers and distributors increase the retail price of sugar while the sugar prices drop in world market and if the need arises, the maximum retail price will be reinstated,

 

ColomboPage - Recent 10 Stories ::
Sri Lankan President calls to form a national movement to form a new government this year
-- [4 hours ago]
Sri Lanka's Prime Minister reiterates pledge to protect Buddhism
-- [4 hours ago]
Maximum retail price for rice from 1st April
-- [5 hours ago]
Decision on PC polls next week, Minister says
-- [5 hours ago]
Sri Lanka Navy's Sayurala takes part in multi-nation naval exercise AMAN-19 in Pakistan
-- [6 hours ago]
Sysco's CAKE Guest Manager seats 200 million guests
-- [6 hours ago]
EC says Sri Lanka lacks proper frameworks in anti-money laundering, counter-terrorist funding
Sri Lanka to promote economic relations with Iran's Yazd province
Sri Lanka Navy, STF thwart illegal migration attempts, arrest 38 suspects
17 youths arrested with drugs on pilgrimage to Sri Pada

Copyright © 2000, 2016 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.