Economics

Bread price reduced

  • July 26, 2024

The All Ceylon Bakery Owners’ Association (ACBOA) has decided to cut the price of a 450-gram loaf of bread and other bakery items by Rs. 10, effective from midnight today. ACBOA Chairman N.K. Jayawardana stated that the price reduction follows a request from Trade, Commerce, and Food Security Minister Nalin Fernando, who had urged the

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Economics

Bakery Owners Anticipate Bread Price Reduction Announcement

  • July 25, 2024

The All Ceylon Bakery Owners’ Association (ACBOA) is set to announce a potential reduction in the price of bread tomorrow (26th). The association’s president, N.K. Jayawardena, noted that discussions were held on July 24th, but no final agreement was reached. This development follows Trade Minister Nalin Fernando’s warning of imposing a control price if bakery

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