Saturday, May 04, 2024
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Prima Ceylon withdraws recent price increase

Prima Ceylon Ltd. stated that, as the newly-elected President of Sri Lanka is making the best effort to bring the Sri Lankan economy back on to a strong recovery path, whilst addressing many challenges, it will assist the President’s endeavours by withdrawing the recent price increase.

It also stated that bakery owners and other retail traders have been informed of the price reversal respectively.

(FT)