Gazette on MRP for eggs, suspended

Published

1 year ago

December 14, 2022

editor

The Court of Appeal today (Dec 14) ordered the Consumer Affairs Authority (CAA) to suspend the gazette notification issued to stipulate a maximum retail price (MRP) on eggs.

Accordingly, the CAA is expected to announce a new MRP for eggs today, as per the directives of the Appeals Court.

These orders were given when the Appeals Court bench took into consideration the petitions filed by the egg producers’ association to challenge the MRP imposed on eggs.

On August 19, the CAA declared an MRP on eggs, stipulating that a white egg be sold for Rs. 43.00 and a brown egg for Rs. 45.00.

This was announced in a special gazette notification published by the CAA chairman Shantha Niriella, pursuant to the provisions of the CAA Act No. 09 of 2002.

Damitha files complaint with HRCSL

Published

13 mins ago

May 3, 2024

nipuni

Sri Lankan actress Damitha Abeyratne has filed a complaint with the Human Rights Commission of Sri Lanka (HRCSL), alleging that her human rights were violated during an unlawful arrest.

On April 04, she and her husband were arrested by the Criminal Investigation Department (CID), over their involvement in an alleged financial scam of Rs. 03 million, promising employment in South Korea.

They were later granted bail on April 24, following an order issued by the Colombo Fort Magistrate’s Court.

BIZ

Litro gas prices reduced with effect from midnight

Published

17 mins ago

May 3, 2024

nipuni

Litro Gas Lanka has reduced the prices of domestic LP gas cylinders with effect from midnight today (May 03).

According to Chairman of Litro Gas Lanka – Muditha Peiris, the price of the 12.5 kg cylinder has been slashed by Rs. 175 to Rs. 3,940 while the price of the 5 kg cylinder has been reduced by Rs. 70 to Rs. 1,582. The price of the 2.3 kg cylinder has been reduced by Rs.32 to Rs.740.

BIZ

CBSL updates pyramid scheme entity list

Published

25 mins ago

May 3, 2024

nipuni

The CID has yesterday (02) informed the Colombo Chief Magistrate that the Central Bank of Sri Lanka (CBSL) has banned 04 entities as entities that have conducted prohibited pyramid schemes.
The entities mentioned in court are : Beecoin App/Sunbird Foundation, Fast Win (Pvt) Ltd, Fruugo Online App/ Fruugo Online (Pvt) Ltd Genesis Business School/ Era Miracle (Pvt) Ltd.

In a recent public release, the CBSL previously named 08 entities including the 04 aforementioned ones, as ones that conduct / conducted prohibited pyramid schemes.

Since then, they have added the entity- Windex Trading to the list.