COLOMBO (News 1st): Legal action was instituted against more than 1000 traders who sold rice at higher rates, during raids conducted within a period of two-week, the Consumer Affairs Authority (CAA) said on Thursday (Mar. 04). According to the Investigation Unit at the CAA, approximately around 1...

COLOMBO (News 1st): The Criminal Investigation Department (CID) has arrested a Regional Manager in the Kilinochchi area for fraudulently selling 30,000 metric tons of paddy stored at the Paddy Marketing Board, the Ministry of Agriculture said on Friday (Dec. 31). Issuing a communique, the Ministr...

COLOMBO (News 1st) - The Consumer Affairs Authority has taken legal action against more than 650 vendors for selling Samba and Nadu rice above the maximum retail price. The authority has carried out more than 18,000 raids to-date. The maximum retail price for Samba and Nadu rice is Rs. 98 per kil...

COLOMBO (News 1st) - The Cost of Living Sub Committee has announced a decision to re-impose a price control of Rs. 108 for a kilogram of Samba rice and Rs. 88 for a kilogram of Nadu rice. Head of Marketing Food Policy and the Agri-Business Division at the Hector Kobbekaduwa Agrarian Research and ...

Colombo (News1st) - Every year the Government of Sri Lanka present's its annual budget which details its plans for the upcoming year. However, with the passage of time, it seems that the current administration has forgotten the budget which they proposed in November 2017. We say this because a large...