Singapore: Bakeries raise prices as cost of wheat soars

Prima, the only flour miller and the largest flour supplier here, has raised prices for the second time in three months. The hike last month was between 6per cent and 10 per cent, depending on the type of flour. Last September, the company - which supplies more than half the flour used here - had boosted prices by between 5 per cent and 10 per cent to businesses like bakeries and food manufacturers. Many of these businesses have in turn raised the prices of their products amid the rising costs of other staples like sugar and soya beans. Wheat-flour items such as bread are a staple for some people, said nutritionists like Ms Ho Yi Fei of DaySpring Corporate Wellness. 'Flour products such as bread are a cheap source of calories and the least well-off use it to beef up their meals,' she said. Global prices of many commodities have climbed, with the cost of wheat doubling comp...

Full article: http://wildsingaporenews.blogspot.com/2011/01/singapore-b...

Tweets

Global shortage of wheat whips up the prices of bread, cakes and other flour-based products sold in Singapore

Global shortage of wheat whips up the prices of...

straitstimes.com 22 Jan '11, 2am

Other commodities cost more too Soya beans Soya beans now cost US$880 (S$1,130) a tonne, up from US$600 a year ago. The re...

McDonald's plans to raise prices in 2011 to help offset rising food costs

McDonald's plans to raise prices in 2011 to hel...

straitstimes.com 25 Jan '11, 3am

McDonald's said it planned to raise prices in 2011 to offset rising food costs. -- PHOTO: AFP LOS ANGELES - MCDONALD'S Cor...

The overall cost of living in S'pore rose by 2.8 per cent for the whole of 2010

The overall cost of living in S'pore rose by 2....

straitstimes.com 24 Jan '11, 5am

Transport costs saw the largest CPI increase in 2010, up 10.3 per cent compared to 2009. -- PHOTO: ST FILE THE overall cos...

Prices of food items should stabilise: PM Lee

Prices of food items should stabilise: PM Lee

channelnewsasia.com 23 Jan '11, 10am

SINGAPORE: Prime Minister Lee Hsien Loong expects food prices to stabilise in the next few months. Speaking at a community...

Singapore Airlines to raise fuel surcharge

channelnewsasia.com 21 Jan '11, 10am

SINGAPORE: Singapore Airlines (SIA) said it will increase its fuel surcharge for tickets issued on or after January 27. SI...

Food prices expected to stabilise in next few m...

todayonline.com 23 Jan '11, 10pm

SINGAPORE - Allaying concerns over the rising food prices, Prime Minister Lee Hsien Loong said yesterday that he expects p...

India to raise key rates again

India to raise key rates again

channelnewsasia.com 23 Jan '11, 6am

NEW DELHI: India's central bank is expected this week to hike interest rates for the seventh time in less than 12 months t...

US oil prices fall on high inventories

channelnewsasia.com 21 Jan '11, 9pm

NEW YORK: US oil prices dropped for the fourth straight day in New York on Friday, after weekly data showed a surprisingly...

Tertiary education to cost more

todayonline.com 14 Jan '11, 11pm

SINGAPORE - Tertiary education in Singapore is going to cost more. On Friday, all three universities, five polytechnics an...

Tertiary education in Singapore is going to cos...

todayonline.com 15 Jan '11, 4am

SINGAPORE - Tertiary education in Singapore is going to cost more. On Friday, all three universities, five polytechnics an...

Caltex, Esso and Shell raise pump prices (via S...

straitstimes.com 18 Jan '11, 11pm

Caltex has increased pump prices of all grades of petrol and diesel by $0.04 per litre. -- PHOTO: CHEVRON OIL companies Ca...

Rising ingredient and labour costs are pushing ...

straitstimes.com 20 Jan '11, 1am

Martial arts instructor charged with rape of student Does an MBA really help in your career? Girl infected with STD after ...

Commodity prices up amid Australia floods

channelnewsasia.com 13 Jan '11, 2pm

SINGAPORE: Commodity prices are set to continue to trend upwards, aggravated further by the floods in Australia. But some ...

Restoring sanity to property prices: Ku Swee Yo...

todayonline.com 20 Jan '11, 10pm

When the latest property measures were unveiled on Jan 13, it took most market watchers by surprise, mainly because we had...

"Bak kwa" prices going up

channelnewsasia.com 16 Jan '11, 1pm

SINGAPORE : Chinatown is bustling with shoppers on the first weekend of the annual Lunar New Year street market. Sales act...