MIlk powder importers threaten Govt.

24 February 2012 11:49 am - 1 - {{hitsCtrl.values.hits}}

A A A

Milk powder importers threatened to stop imports unless the Consumer Affairs Authority (CAA) did not permit to increase a 450 gram packet of milk powder by Rs.15 by next Wednesday.

Addressing a news briefing last afternoon in Colombo, the CEO of Maliban Lukshman Weerasuriya said the decision was a collective one as all milk powder importers that represent 95% of the local milk powder market find it extremely difficult to engage in the milk powder trade as it has become a loss making exercise.

“All six milk powder importers incur a loss of Rs. 37 for every kilogram of milk powder they sell in the local market due to the devaluation of the rupee and the increase of the US dollar. The demand to increase the price of milk powder is nothing to do with the global market price or any other overheads but solely on these two factors,” Mr. Weerasuiya stressed. (By Sandun A. Jayaekera)

Order Gifts and Flowers to Sri Lanka. See Kapruka's top selling online shopping categories such as Toys, Grocery, Kids Toys, Birthday Cakes, Fruits, Chocolates, Clothing and Electronics. Also see Kapruka's unique online services such as Money Remittence,Astrology, Courier/Delivery, Medicine Delivery and over 700 top brands. Also get products from Amazon & Ebay via Kapruka Gloabal Shop into Sri Lanka

Comments - 1

Mad Cow! Saturday, 25 February 2012 12:11 AM

Who needs powdered milk anyway, let them drink milk from the cow without processing it!

Add comment
Comments will be edited (grammar, spelling and slang) and authorized at the discretion of Daily Mirror online. The website also has the right not to publish selected comments.

MIlk powder importers threaten Govt.

Comments - 1

Add comment

RECOMMENDED

‘Spike in blast fishing’ poses renewed threats to Sri Lanka’s marine ecosystems

UDA owned land in Thalawathugoda; UDA Minister Prasanna Ranatunga under the spotlight for forceful occupation of reserved land

Loss-making SMIB faces political pressure in recovering loans

Baltimore Bridge Collapse: MV Dali, SL authorities anchored in mystery?

Has Sri Lanka become a potential hub for the illegal wildlife trade?

Spotlight on Moragahakanda Development Project Moragolla villagers lose livelihoods and down to one meal a day

Ambitious Sri Lankan jobseekers ‘trafficked into Ukraine war zones’

Most Viewed in News

Ranil Wickremesinghe caravan moves on despite barking dogs

Two racing drivers arrested over Fox Hill tragedy

Racing event tragedy leaves seven dead including eight-year-old child

Street food vendor arrested for verbally harassing foreigner

SL on alert on possible genocide allegations by Canada

Former MP Palitha Thewarapperuma dies from electrocution

MIRROR CRICKET

Is Chamari Athapaththu Sri Lanka’s greatest cricketer ever?

Athapaththu back atop ICC Women’s ODI Batting Rankings

Chamari Athapaththu sets big goal for T20 World Cup

How does CSK get best out of Pathirana?

TODAY'S HEADLINES

Foreign powers intensify surveillance on Presidential elections as strategic interests take centre stage

New uterine loop for monkey birth control

Sajith avoids reception hosted for Iranian President

Do not be afraid to use weapons, Minister Alles tells police

Dates confirmed for 78th Bradby Shield

SLAS appoints independent committee for investigation

Pakistan lose key players for last two T20Is against New Zealand

Is Chamari Athapaththu Sri Lanka’s greatest cricketer ever?