April 01, Colombo (LNW): Tea shop and restaurant owners across Sri Lanka will increase the price of a cup of milk tea by Rs. 10, following the government’s latest hike in imported milk powder prices, the All-Island Restaurant Owners’ Association has confirmed.
The decision comes in response to the 4.7 per cent price increase on imported milk powder, which has driven up costs for businesses reliant on the essential ingredient.
As a result, a 400g packet of imported milk powder now costs approximately Rs. 50 more than before.
The price adjustment took effect from midnight yesterday (31), with restaurant owners citing rising operational expenses as a key factor in the decision.
Many small-scale businesses, particularly those in urban and suburban areas, are feeling the strain of increased costs, as imported milk powder is a staple ingredient in preparing milk tea—one of the most popular beverages in Sri Lanka.
