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Directors at Asiri Medical Hospital in court today!

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The Director Board members of the Asiri Medical Hospital have been ordered to appear before the Maligakanda Magistrate Court today (Jan. 23) over a court case that levels 11 allegations including selling drugs that exceeds the MRP stipulated by the pricing regulations of the National Drug Regulatory Authority Act.

According to the case filed under the National Medicines Regulatory Authority Act No. 5 of 2015, the group’s directors – Vishal Bali, Ashoka Kariyawasam Pathirage, Ankur Nand Thadani, Karunamuni Manjula Prasanna Karunaratne, Sudarshan Ahangama, Gardiyar Lokuge Harris Premaratne, Sivakumar Sellaiya, Haresh Kumar Kaimal and Ajith Karunaratne as well as Assistant Billing Manager – B.D. Sadathisaru have been named as respondents.

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No justification for coconut oil price hike – Coconut Development Authority

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The Coconut Development Authority has stated that there is no valid reason for a price increase of coconut oil in the local market.

CDA chairman – Prof. Roshan Perera has emphasized that there has been no tax hike on imported coconut oil.
Given the sufficient supply of coconut oil for domestic consumption, Prof. Perera asserted that any price increase is unjustifiable.

Additionally, a new regulatory program is being planned to control and stabilize coconut oil prices in the market, he added.

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Coconut oil price upped

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The price of a litre of coconut oil has been increased by more than Rs. 100, the National Consumer Front (NCF) has said.

NCF Chairman Asela Sampath said that the price of a litre of coconut oil has been increased by between Rs. 180 and Rs. 200. 

Accordingly, the current retail price of a coconut oil litre is Rs. 550.

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Registration compulsory for all money changers 

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The Central Bank has issued a notice making it compulsory for all money exchange institutions to be registered with the Central Bank and regulated by it. 

The CB order is in effect from 3 June 2024. 

The Central Bank states that all money changers who are currently not registered will now receive the opportunity to provide such services in a systematic and regulated manner. 

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