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Milk tea price upped

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The price of a cup of milk tea has been increased by Rs.10 from midnight yesterday (March 31).

The All-Island Canteen and Restaurant Owners’ Association announces that the decision has been taken as a result of the government’s decision to increase the price of imported milk powder.

On March 18, milk powders importers decided to increase the prices of milk powder products by 4.7% from April 01 onwards.

Accordingly, the price of a 400g packet of imported milk powder is expected to increase by around Rs.50.

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MRP issued for bottled drinking water

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The Consumer Affairs Authority (CAA) has issued a Gazette notification stipulating the Maximum Retail Price (MRP) for bottled drinking water.
As per the Gazette notification, the MRP is effective from April 01, 2025.

Accordingly, the MRP for bottled drinking water are as follows;

500 – 999 ml bottles – Rs.70
01 -1.499 L bottles – Rs.100
1.5 -1.999 L bottles – Rs.130
02 – 2.499 L bottles – Rs.160
05 – 6.999 L bottles – Rs.350

(Newswire)

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‘Beedi’ tax upped

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The Ministry of Finance has increased the Tobacco Tax on all ‘Beedi’ products,with effective from yesterday (April 02).

Accordingly, the relevant tax will be increased from Rs. 02 to Rs. 03, resulting in the price hike of a rupee.

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Cargills Bank issues statement on cybersecurity incident

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Private bank in Sri Lanka – Cargills Bank PLC has today (April 02) released another statement, updating the situation over a recent cyber security incident. 

Cargills Bank PLC notes that despite the incident, the bank’s core operations remain fully secure and functional. 

It adds that all banking services continue to function normally, and customers may carry out their transactions with complete confidence.

Previously, the bank had stated that an unauthorized party had claimed access to some of the bank’s data and subsequently published them. 

The matter is said to be possibly the largest data breach in the country’s history.

The matter was also taken up by journalists at today’s cabinet media briefing. Responding, Cabinet spokesman – Minister Nalinda Jayatissa said that although the issue wasn’t taken up by the Cabinet Ministers yesterday, he believed that it may have been addressed by the Security Council.

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