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SLPP’s Renuka runs profitable Milco to the ground!

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The Milco branch of the Sri Lanka Nidahas Sevaka Sangamaya states that the once profitable dairy product maker has become a loss-making one under the administration of Mr. Renuka Perera, the current chairman of the Sri Lanka Podujana Peramuna (SLPP).

Mr. Sumith Attanayake, who chairs the Trade Union states that Milco, which had accumulated profits in 2019, 2020 and 2021, is now in debt.

Mr. Perera was named as the Milco Chairman in 2022 January.

Last month, police had arrested 13 employees of Milco for allegedly holding Mr. Perera and several others as hostages at the main office.

Related News :

13 Milco employees arrested for holding Renuka hostage

Plans afoot to sell Milco, Highland to India’s Amul: AKD

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Kottu, Fried Rice prices reduced

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The All Ceylon Restaurant Owners’ Association has decided to reduce prices of several food items, following the reduction in gas prices that was announced earlier today (May 03). 

Accordingly, the Association announced that the prices of Fried Rice and Koththu will be reduced by Rs. 20 while prices of shorteats will be reduced by Rs. 10.

However, prices of plain tea and milk tea are to remain unchanged, the Association adds.

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Laugfs Gas also slashes prices

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Laugfs Gas has also reduced its LP gas prices with effect from midnight today (May 03) following the price reduction by Litro Gas.

Accordingly, the price of a 12.5kg cylinder has been reduced by Rs.275 to Rs. 3,840 while the the price of a 5kg cylinder has been reduced by Rs.110 to Rs.1,542.

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Litro gas prices reduced

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Litro Gas Lanka has reduced the prices of domestic LP gas cylinders with effect from midnight today (May 03).

According to Chairman of Litro Gas Lanka – Muditha Peiris, the price of the 12.5 kg cylinder has been slashed by Rs. 175 to Rs. 3,940 while the price of the 5 kg cylinder has been reduced by Rs. 70 to Rs. 1,582. The price of the 2.3 kg cylinder has been reduced by Rs.32 to Rs.740.

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