BIZ

Prez calls for report on delay in importing eggs!

Published

2 years ago

January 31, 2023

editor

President Ranil Wickremesinghe has instructed Trade Minister Nalin Fernando to submit a comprehensive report to the next Cabinet meeting regarding the people who obstruct the process of importing eggs.

The President had expressed these views during the Cabinet meeting held yesterday.

The trade minister informed the Cabinet meeting that some parties are attempting to prevent egg imports.

Meanwhile, Government Veterinary Officers’ Association President Dr. Sisira Piyasiri said that they will join poultry farmers in a massive protest if eggs are imported without finding solutions to the issues faced by the farmers.

Dr.Piyasiri said several politicians expressed objections to the Department of Animal Production and Health (DAPH) Director General during a COPE meeting for not allowing the import of eggs even when there is a bird flu spreading in several states of India.

The government veterinary officers went on sick leave yesterday (30) in protest of this incident and over the failure to provide solutions to the problems of poultry farmers.

Dr.Piyasiri said the local poultry industry will collapse if eggs are imported. He also said none of the proposals presented by the veterinarians to develop the industry have been implemented so far.

BIZ

Standard egg prices to be announced daily via SMS

Published

1 day 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

1 day 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

2 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.