Connect with us

News

Price of bakery items to remain unchanged despite imported eggs!

Published

on

The prices of bakery products including bread and buns will remain unchanged despite eggs imported from India, the All Ceylon Small and Medium Enterprises Association (ACSMEA) said.

In addition, the Association President Niruksha Kumara said that the imported 2 million eggs will only be enough for two days to make bakery and cake products.

He said the bakery industry is in a serious crisis due to the increase in the prices of ingrediants, electricity tariff and LP Gas. Therefore, he said the prices of products cannot be reduced for supplying eggs for lower prices only for two days.

Meanwhile, Southern Province’s Small and Medium-Scale Bakery Owners Association President Kamal Perera said many bakery owners have decided not to buy imported eggs since they are not aware of the expiry date.

He said the bakeries will have to be closed if the eggs imported from India is substandard, and therefore requested the authorities to take immediate action to uplift the local poultry sector.

Source – Ada

News

Sri Lanka Mirror wishes everyone a happy Sinhala and Tamil New Year!

Published

on

By

The 2024 Sinhala and Tamil New Year dawned at 09.05 pm last night (April 13).

‘Sri Lanka Mirror’ extends heartfelt New Year greetings to all our readers. May this upcoming year be filled with boundless happiness, prosperity, and success for each and everyone of you.

–  Sri Lanka Mirror team

Continue Reading

News

Derailed train causes delays on coastal line

Published

on

By

A train has derailed at the Kalutara South railway station on Saturday morning (13).

Trains operating on the Coastal Line are thus experiencing delays, Sri Lanka Railways said.

Continue Reading

News

Kristalina Georgieva to head IMF for a 2nd term

Published

on

By

The Executive Board of the International Monetary Fund (IMF) has selected Kristalina Georgieva to serve as IMF Managing Director for a second five-year term starting on October 1, 2024.

The appointment comes ahead of the start of the fund’s spring meetings in Washington next week.

Georgieva, who has been in the role since the autumn of 2019, was the sole candidate for the position. However, it was only after European leaders signalled that they would endorse her last month that her candidacy was assured.

In a statement, the coordinators of the Executive Board, Mr. Afonso S. Bevilaqua and Mr. Abdullah F. BinZarah has said, “Looking ahead, the Board welcomes Ms. Georgieva’s ongoing emphasis on issues of macroeconomic and financial stability, while also ensuring that the Fund continues to adapt and evolve to meet the needs of its entire membership. It recognizes her focus on strengthening the Fund’s support to its members through effective policy advice, capacity development and financing. The Board looks forward to continuing to work closely with the Managing Director.”

“I am deeply grateful for the trust and support of the Fund’s Executive Board, representing our 190 members, and honored to continue to lead the IMF as Managing Director for a second five-year term,” Ms. Georgieva has said.

The Bulgarian national has served as Managing Director since October 1, 2019. The Managing Director is the chief of the IMF’s operating staff and Chair of the Executive Board. The Managing Director is assisted by four Deputy Managing Directors in overseeing the Fund’s operations, which serve its membership through about 3,100 staff.

Continue Reading

Trending

Copyright © 2023 Sri Lanka Mirror. All Rights Reserved