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Noodle makers ask to increase prices after 14-years in Thailand

Noodle makers ask to increase prices after 14-years in Thailand
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Krung Thep Mahanakhon , Weera Napapruekchat , Commerce Ministry , Vice President , Thai Food Products Factory , Internal Trade Wattanasak Sur Iam ,

Minister to mull noodle price hike

Commerce Minister Jurin Laksanawisit has ordered the Internal Trade Department to consider the request of makers of the five largest instant noodle brands to allow them to raise their prices in line with soaring production costs. ....

Krung Thep Mahanakhon , Jurin Laksanawisit , Pattanapong Hirunard , Thai Preserved Food Factory Co , Commerce Ministry , Foods Plc , Wan Thai Foods Industry Co , Minister Jurin Laksanawisit , Internal Trade Department , Thai President Foods Plc , Nissin Foods , Trade Department , Wattanasak Sur Iam ,

Thai instant noodle makers seek government approval for first price hike in 14 years

Plea to government, which controls prices on some essentials, to allow rise as war in Ukraine and extreme weather drive up costs ....

South Korea , Jurin Laksanawisit , Department Of Internal Trade , Food Products Factory , Internal Trade Department ,

Thailand instant noodle makers demand first price hike in 14 years

Multiple instant noodle makers have asked Thailand's government this week to allow them to charge more for their products in order to cover rising costs, potentially paving the way for the first price increase in the staple in 14 years.

Thai law regulates the price of instant noodles and other staples. According to Reuters, five noodle brands, including Wai Wai, Mama, and Japan's Nisshin, have requested approval from the Commerce Ministry to raise their prices from 6 baht ($0.17) to 8 baht ($0.23). ....

Commerce Ministry , Internal Trade , Wattanasak Sur Iam , Thailand Instant Noodle Makers , Instant Noodle , Price Hike , Trending News , Ionews Com ,