EMANTHI-NEWSBLOG

Wednesday, September 19, 2018

Bus Fares To Be Increased By 4 Percent From Tomorrow (20)

Government had given approval to the

Private Bus unions to increase the Bus fares by 4 percent with effect from midnight tomorrow (20) according to Minister Of Transport Nimal Siripala De Silva .

During a meeting held between the Transport Minister and representatives of the Private Bus Owners Union a decision has been taken in this regard Minister has stressed.

However the minimum Bus fare of Rs.12 will not be changed it has been revealed. Also the Bus fares of Express highway buses and semi luxury buses will not be increased it has been stated.

Private Bus unions have requested the authorities to increase the Bus fares by 10 percent due to the recent fuel price hike ,However Ministry of Transport has agreed to increase the Bus fares by 4 percent.

Transport Minister Nimal Siripala De Silva has instructed the National Transport Commission to prepare a Bus fare revision mechanism as per the changing prices of fuel .

Sugar Importers To Increase The Price Of Sugar By Rs.15

Sugar Importers Association has

decided to increase the price of 1 Kilo Gramme of Sugar by Rs.15 with effect from midnight tonight (19)due to the increase of Tax imposed on Imported Sugar by Rs.11 it has been reported.

However after announcing the increasing of Tax imposed on Imported Sugar by Rs.11 the Ministry Of Finance has stated yesterday (18)that it will not effect the price of Sugar in the local market .

As the Sugar importers have decided to increase the price of Sugar Ministry of Finance has decided to fix a maximum retail price for sugar if the price increases acording to Ministry .

As there's an excess production of Sugar in countries like Brazil,Thailand and India sugar importers here can import sugar from those countries at a low cost the Ministry has said.

Bakery Owners To Reduce Price Of A Loaf Of Bread By Rs.5 Within Next Few Days -Other Bakery Products To Follow ?

All Ceylon Bakery Owners Association has agreed to reduce the price of a loaf of Bread and other Bakery Products by Rs.5 within next few days during a meeting held with representatives of Bakery Owners Association and Minister Rishad Baduideen in Colombo today (19).

During the meeting Minister Baduideen has promised the Bakery Owners to reduce the Flour price which was increased recently by Rs.5 from the same amount according to President of Bakery Owners Association N.K Jayawardana .

Minister Baduideen has ordered the officials of Consumer Affairs Authority who had participated at the meeting to inform the two flour importing companies in the country including Prima Company to reduce the flour price by Rs.5 with immediate effect . The meeting was summoned to discuss on the problems faced by Bakery Owners.

Meanwhile Consumer Affairs Authority has decided to take a legal action against the two companies importing flour over increasing the price of Flour without a prior approval of the Authority .