The Sri Lanka Consumer Affairs Authority (CAA) today (Monday) permitted two local companies Holcim Lanka, now rebranded as INSEE Cement and Tokyo Cement to increase the price of a 50 KG by Rs. 30 with effect from last Wednesday.
The Ministry of Industry and Commerce had given consent to these two companies to increase the cement price subject to the approval of the CAA as it is a price-controlled commodity.
The decision has been made after a request has been made by the two companies out of five cement firms to increase the price citing high cost for the importation of raw materials needed for the manufacture of cement locally, official sources said.
The other three cement companies have not made any request to the CAA to increase the price so far and the imported cement price has also not changed up to now, cement traders said.
However this sudden move of the Ministry of Industry and Commerce has raised eyebrows of house builders, contractors and consumers as it has given permission only to two companies to increase the controlled price of cement. (Bandula)
The Judicial Service Commission (JSC) has interdicted Colombo Fort Magistrate Kosala Senadheera.
Mr. Ali Sabri Rahim, a Member of Parliament (MP) for Puttalam District whom an open warrant had been issued, attended a public ceremony at Al Aksha National School in Kalpitiya today (16) as the special guest of honor.
The Supreme Court today refused interim relief in an application filed by President’s Counsel Senaka Walgampaya seeking an Order from the Supreme Court compelling the President to appoint judges to fill the existing vacancies in the Court Of Appeal.
Gazette on new speed limit regulations to be issued within two weeks
Two underworld criminals wanted for multiple crimes, including murder, were brought from Dubai to Sri Lanka, today (12).
Acting Attorney General Parinda Ranasinghe, was appointed as the Attorney General of Sri Lanka a short while ago.
Leave Comments