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DCSL to up prices 

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The Distilleries Company of Sri Lanka (DCSL) has announced that it will increase the prices of its alcoholic beverages starting January 1, 2024, citing the recent revision of VAT.

The price increase will be based on bottle size:

750ml bottles: Increase of Rs. 90
375ml bottles: Increase of Rs. 50
180ml bottles: Increase of Rs. 20

BIZ

Customs urges to re-export substandard salt imports

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Sri Lanka Customs has recommended the re-export of 05 containers of imported salt after they failed to meet national quality standards.

According to Customs Spokesperson Seewali Arukgoda, all salt containers brought into the country are subject to rigorous standards testing. The five containers in question were found to be non-compliant with Sri Lanka Standards Certification requirements.

According to Customs, approximately 2,000 containers of salt have been imported under the relevant import permit.

Earlier, The Sri Lanka Salt Manufacturers Association has announced that salt will now be sold under newly set Maximum Retail Prices (MRP), following an agreement with the Consumer Affairs Council.

This move comes after import restrictions were relaxed, and sufficient salt stocks have arrived in the country. The MRPs are as follows :

1 kg granular salt – Rs.180
1 kg salt powder – Rs.240
400 g salt powder – Rs.120

The Association stated that while distribution has begun, it may take a few days for the packaged salt to reach outlets islandwide. Consumers can expect to purchase salt at regulated prices once full distribution is in place.

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BIZ

Kunming-Colombo freight service takes off

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In a boost to bilateral trade, China’s S.F. Airlines launched its inaugural Kunming-Colombo cargo flight yesterday, marking a new chapter in Sri Lanka’s logistics connectivity with Yunnan Province.

S.F. Airlines deployed a Boeing 747-200 aircraft for the inaugural flight, which arrived at BIA from Kunming at 10:50 a.m. yesterday (26), carrying 22 metric tons of cargo.

S.F. Airlines – a major Chinese logistics carrier.

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BIZ

CIB Big City fined Rs. 1 mn. for selling overpriced bottled water

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CIB Big City, a private business outlet in Maharagama, has been fined Rs. 1 million by the Gangodawila Magistrate’s Court today (June 26) for selling overpriced bottled water.

A case was filed against the business outlet following a raid carried out by the Consumer Affairs Authority (CAA) officials on May 09, 2025.

During the raid, officials had discovered that a 500 ml bottle of water has been sold at Rs. 90 despite the MRP being declared as Rs. 70 by a gazette notification published on April 01, 2025.

The store is a part of the well known fashion chain – Wijaya Group, which is chaired by Mr. K.R.G Wijesundera.

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