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
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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.