- Bakers are petitioning a price increase. The Philippine Baking Industry (Philbaking) has filed a petition to the Department of Trade and Industry (DTI) to increase the price of Pinoy Tasty, a brand of loaf that is cheaper than other loaves in the market.
- DTI seeks help. The trade department sought the flour millers help to keep the price of Pinoy Tasty from increasing.
- Millers are offering a flour discount. The Philippine Association of Flour Millers (Pafmil) is considering giving discounts on flour that will be utilized on the production of Pinoy Tasty to help the trade department and the bakers of Pinoy Tasty.
- The implementation is still to be decided upon. The members of Pafmil have agreed to give a discount; however, the mechanics of how to determine that the discounted flour will go toward the production of Pinoy Tasty will still be determined by the organization.
Source:
Ho, Abigail, “Millers Eye Discounts for Bread Makers.” Philippine Daily Inquirer, 16 April 2011, p. B8.
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