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Bakery industry in crisis as bread and bun sales decline

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The All Ceylon Bakery Owners’ Association (ACBOA) has reported a significant drop of around 50% in the sales of cakes, bread, and buns in the local market. The association attributes this decline to the high manufacturing costs currently faced by the bakery industry.

According to the ACBOA, the costs of margarine and butter have surged to Rs. 1,000 and Rs. 3,000 per kilogram, respectively. Additionally, the association cited challenges in obtaining imported eggs from India, forcing them to purchase locally produced eggs at Rs. 60 each.

The chairman of the association expressed concerns about the impact these rising costs have on the bakery industry. In light of these challenges, the ACBOA is urging the government to provide concessions and work towards reducing the prices of essential ingredients before the upcoming Sinhala and Hindu New Year.

The association’s plea emphasizes the need for government support to help stabilize the bakery industry and ensure its sustainability amid the current economic challenges. Further updates on the situation and any government response will be monitored closely.

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SJB National List MPs announced

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The Samagi Jana Balawegaya (SJB) has announced the four names nominated to fill its remaining National List MP seats in Parliament.

Accordingly, the main opposition party has named Mano Ganesan, Nizam Kariapper, Sujeewa Senasinghe and Mohamed Ismail for the remaining four National List MP posts.

Following the General Election held on November 14, the SJB secured five National List MP seats with its General Secretary – Ranjith Madduma Bandara being appointed to one seat on Nov. 19.
Meanwhile, the Colombo District Court today issued a restraining order preventing the Samagi Jana Balawegaya (SJB) from submitting their National List MP nominees without including the name of Nizam Kariapper of the Sri Lanka Muslim Congress (SLMC).

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Court issues injunction order over SJB’s National List

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The Colombo District Court today issued a restraining order preventing the Samagi Jana Balawegaya (SJB) from submitting their National List MP nominees without including the name of Nizam Kariapper of the Sri Lanka Muslim Congress (SLMC).

After considering a plaint filed by SLMC leader MP Rauff Hakeem, Colombo Additional District Judge Chamari Weerasuriya issued this order on the SJB’s General Secretary, Ranjith Madduma Bandara.

Petitioner Rauff Hakeem claims that the SLMC, led by him, supported SJB’s presidential candidate, Sajith Premadasa, during the 2024 Presidential Election.

He also stated that during the 2024 General Election, his party entered into a Memorandum of Understanding (MOU) with SJB regarding the contesting of the General Election, on October 10.

Accordingly, the plaint states that the SJB agreed to appoint SLMC’s General Secretary Nizam Kariapper as a National List MP.

According to the MoU, it was mentioned that regardless of the number of National List seats the SJB secured, it is obligated to give one of those seats to the SLMC.

Rauff Hakeem further claims that the General Secretary of SJB has failed to submit names for the remaining four National List seats and requests the court to rule that this is in violation of the agreement made with his party.

(adaderana.lk)

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

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Imported rice stocks released to market

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Stocks of rice imported by private importers have been released into the market.

It is reported that the first consignment of rice, which arrived in the country yesterday (Dec. 11), has been cleared by Customs.

Following a cabinet decision on December 03 to allow rice imports without import control permits until Dec. 20, 2024, due to the rice shortage, imports have begun and it is reported that 75,000 kg of rice were released from customs yesterday.

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