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Big-time millers expected to profiteer by creating rice shortage during festive season

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By Rathindra Kuruwita

Large-scale rice millers would increase prices of rice in the coming festive season, small and medium scale millers alleged yesterday (28).Chairman of Sri Lanka Small and Middle Scale Rice Mill Owners’ Association (SLSMSMOA), U.K. Semasinghe alleged that a shortage of rice would be artificially created in the coming weeks.

Semasinghe said that the harvesting of the Maha season yield was at the final stages and most of the Maha harvest had been bought over by large-scale millers at around 90 to 100 rupees a kilo.

The government had imposed a buying price of Rs 135 per a kilo of paddy but most farmers had already sold their harvest, he said.

“A considerable amount of rice is used for manufacturing beer. Most of the Maha harvest is now in the stores of a few large-scale millers. They will easily manipulate the market,” he said.

On Wednesday (27), the government reduced the special commodity levy on imported onions and rice.

The Special Commodity Levy of 65 rupees per kilo of rice was reduced to one rupee until 03 April 2024. The levy on ‘rose onions’ was slashed to 10 rupees per kilo. The new levies will be effective until 30 April 2024.



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Laugfs LPG to cost more

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Laugfs Gas PLC, has increased its price of domestic Liquefied Petroleum  Gas (LPG).

Accordingly,
The price of a 12.5 kg cylinder  has been increased by Rs. 420 to Rs. 4,100
The price of a 5kg cylinder of Laugfs LPG has been increased by Rs.168 to Rs.1,645.

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Petrol prices reduced by Rs. 10 from midnight today [31]

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The Ceylon Petroleum Corporation (CPC) has announced a reduction in the prices of petrol by Rupees Ten, with effect from midnight tonight (31st March 2025).

Accordingly, the new fuel prices are as follows:

Petrol Octane 92 – Rs. 299
Petrol Octane 95 – Rs. 361
Auto Diesel – Rs. 286
Kerosene – Rs. 183
Super diesel – Rs. 331

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Ramadan is a time to share the profound message of generosity, and compassion with the World – PM

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Prime Minister Dr Harini Amarsuriya in her Ramadan message says that Ramadan is a time to share the profound message of generosity, and compassion with the World.

The full text of the Prime Ministers Ramadan Message:

“As our Islamic brothers and sisters in Sri Lanka and around the world celebrate the sacred month of Ramadan, I extend my heartfelt greetings and best wishes for peace, prosperity, and spiritual fulfillment.

Ramadan is a time of deep reflection, prayer, and self-discipline. It is a period that teaches us the values of compassion, generosity, and unity. Fasting during this holy month is not only an act of devotion but also a reminder of the struggles faced by those less fortunate. It is a time to cultivate patience, humility, and gratitude while strengthening our bonds with family, friends, and the community.

At its core, Ramadan embodies the spirit of kindness, forgiveness, and charity. The practice of Zakat and Sadaqah during this time highlights the importance of sharing with those in need and reinforcing the principle that true prosperity lies in giving and uplifting others. These values are universal and resonate deeply with all communities, fostering harmony and understanding among people of different faiths and backgrounds.

Sri Lanka is a nation rich in diversity, and it is through mutual respect and solidarity that we continue to strengthen our collective future. The spirit of Ramadan reminds us of the need for coexistence, tolerance, and the pursuit of justice and peace.

As the month of fasting culminates in the joyous celebration of Eid, let us carry forward the lessons of Ramadan—compassion, unity, and selflessness—into our daily lives. May this blessed month bring peace to our hearts, our homes, and our nation.

Ramadan Mubarak!”

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