Sri Lanka Brodcasting Corporation

Mon12112017

Last updateSun, 10 Dec 2017 6pm

Business News

The government announces a ceiling for the price of coconuts.

The government announces a ceiling for the price of coconuts. Thereby, a coconut can be sold for not more than a maximum retail price of 75 rupees. This decision was taken at the Cost of Living Committee meeting held yesterday. Steps have been taken to issue the relevant gazette notification in order to make the proposed price control measure enforceable. The law will be enforced against those who violate the controlled price. The price of a kilo of dhal was also brought down to 125 rupees. Stocks of imported rice are being received, therefore, they can be no shortage of rice. Consumers can purchase these items from Sathosa outlets.

Local News