BAKERY OWNERS MEET TODAY OVER BREAD PRICES
Posted by Editor on April 19, 2011 - 12:47 pm
All Ceylon Bakery Owners Association is to meet today to discuss whether to increase the price of bread.
“The Prima company had increased a kilo gram of flour by Rs.4 and 10 cents,” said N.K. Jayawardena, Chairman of the Association.
Earlier the Serendib flour mills company had also increased the price of a kilogram of flour by Rs.3.
He noted that increasing flour prices has severely affected the Bakery industry.
Speaking further he said that during today’s meeting, a decision will be taken on whether to increase the price of bread, concurrent to flour prices increasing.
Courtesy: News First
Latest Headlines in Sri Lanka
- 2024 A/L Examination postponed: New dates announced November 26, 2024
- Sri Lanka Defence Secretary graces 53rd Bangladesh Armed Forces Day November 26, 2024
- MP Ramanathan Archchuna faces arrest warrant over 2021 traffic incident November 26, 2024
- Court orders Arjuna Mahendran to appear over 2015 treasury bond case November 26, 2024
- Sri Lanka to present 2025 Budget on January 9, 2025 November 26, 2024
The solution to this is nationalising Prima to place its ownership with the people. If this is done, Prima’s profits that are expatriated overseas can be retained for beneficial use. Also operating expenses for Prima will reduce drastically as a publicly owned company does not have to bribe and do other expensive things to keep all and sundry happy.