BIZ

Chicken prices go down

Published

2 years ago

October 21, 2022

editor

The price of a kilogram of chicken which was Rs.1,500 in the recent past has decreased to Rs.1,080.

The poultry monopoly in Sri Lanka is held by five major companies namely CIC, Prima, Nelna, Crysbro, Bairaha and Pussella and these companies had the final say in deciding prices of chicken.

A small businessman related to poultry farming told the ‘Sri Lanka Mirror’ that it is now an open secret that these businessmen have very close relations with the leaders of the political sphere in Sri Lanka.

Therefore, he said that these companies also get the support of politicians to increase the price at will.

BIZ

Imported milk powder prices slashed

Published

6 hours ago

April 24, 2024

editor

The price of imported milk powder will be reduced with effect from tomorrow (April 25), the Milk Powder Importers’ Association states.

Accordingly, the price of a 01 kg pack will drop by Rs. 250 – Rs. 300 while the price of 400g pack will be slashed by Rs. 100ත් – Rs. 130.

BIZ

CBSL names 8 more companies conducting prohibited schemes

Published

2 days ago

April 22, 2024

editor

The Central Bank of Sri Lanka has named 08 more entities that conduct and/or have conducted prohibited schemes.

“Participating in Pyramid Schemes is a Punishable Offence” Central Bank said in a notice to general public.

The named entities are :
1. Beecoin App/Sunbird Foundation
2. Fast Win (Pvt) Ltd
3. Fruugo Oline App/ Fruugo Oline (Pvt) Ltd
4. Genesis Business School/ Era Miracle (Pvt) Ltd
5. Isimaga International (Pvt) Ltd
6. Ledger Block
7. Qnet/Questnet
8. Ride to Three Freedom (Pvt) Ltd

BIZ

6 RfQs received to acquire SriLankan shares

Published

2 days ago

April 22, 2024

editor

Sri Lanka’s State-Owned Enterprise Restructuring Unit (SOERU) announces that 06 Request For Qualifications (RfQ) were received for the acquisition of shares of SriLankan Airlines.
These RfQs were received from :