BIZ

“Don’t buy cakes baked with eggs from India”

Published

2 years ago

March 27, 2023

editor

All Island Canteen Owners’ Association (AICOA) today advised people not to buy cakes during the new year season which are baked using eggs imported from India.

Addressing the media AICOA Chief Asela Sampath told the media that the liquid eggs received at the Colombo port had not been released as yet.

The eggs at the Colombo Port have been there for nearly seven days. These liquid eggs can rot pretty fast, and it is the responsibility of the minister to get them released from the port immediately.

It was also requested that the bakery owners not to bake cakes using these eggs for the upcoming new year.

“If bakery owners used those imported eggs, we will boycott buying the cakes during the new year” Sampath said.

The customs and the port had violated the import and export regulations by storing the eggs at the port and ensure they are not rotten. Therefore, the Public Health Inspectors (PHI) have been requested to visit the port to check the status of the eggs.

(dailymirror.lk)

(Except for the headline, this story, originally published by dailymirror.lk has not been edited by SLM staff)

BIZ

Standard egg prices to be announced daily via SMS

Published

2 days ago

June 20, 2025

editor

Chairman of the All-Ceylon Egg Producers’ Association, R.M. Sarath Rathnayake has said new measures to announce daily standardized egg prices will be introduced from next Monday (June 23) to ensure fair pricing for consumers.

The prices covering wholesale, retail, and intermediary rates will be communicated daily at 5.00am via SMS to small, medium, and large-scale egg producers, as well as bakery owners, food manufacturers, and hotels through the number 070-7030700.

He warned of recent practices where eggs were bought at Rs.15-18 and stockpiled, stating such actions will no longer be tolerated.

He also criticized groups posing as “egg associations” without actual farming experience.

The cost of producing an egg is around Rs.28 for large farms, Rs.29-30 for medium range farms, and Rs.32 for small-scale producers, he further said.

BIZ

16 bn. Apple, Facebook, Google passwords exposed

Published

2 days ago

June 20, 2025

editor

A staggering 16 billion passwords to Apple, Facebook, Google, and various US government services have been leaked online, triggering global security alerts in what experts are calling the most significant data breach in history.

The mammoth security breach has forced Google to urge billions of users to change their passwords immediately.

At the same time, the FBI has issued warnings to Americans about opening suspicious links in SMS messages.

Cybersecurity experts at Cybernews, who investigated the breach, discovered a whopping 30 exposed datasets containing between tens of millions and over 3.5 billion records each.

Perhaps most alarmingly, researchers confirmed that nearly all these exposed datasets contain previously unreported information, making this an entirely fresh security crisis.

“This is not just a leak – it’s a blueprint for mass exploitation,” the researchers said via Forbes this week.

(news.com.au)

BIZ

New chairman appointed to CSE

Published

3 days ago

June 19, 2025

editor

Dimuthu Abeyesekera has been appointed as the new Chairman of the Colombo Stock Exchange (CSE).

The CSE announced that Mr. Abeyesekera brings over 35 years of experience in the capital markets and has served on the CSE Board for the past six years.

He currently serves as the Director/CEO of Asha Securities Ltd, which is affiliated with Phillip Capital Singapore, a specialized financial services organization managing assets worth over US$ 35 billion with a network of offices around the world.

Abeysekera also currently serves as the Director at Asha Financial Services Ltd, a specialised margin Trading Company in Colombo.