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/PRNewswire/ -- Manila-based 123 Finance Corporation, a securities approved financing firm listed among the official Philippines financing companies, with a...
Photo by Pixabay from Pexels. There is a global wheat shortage. The Philippine Association of Flour Millers, Inc. (PAFMI) mainly attributes this to the war between Russia and Ukraine, which collectively supply a third of the global wheat supply. Wheat exports from Ukraine are blocked by the Ru
With flour prices seen to remain high due to external factors like the ongoing Russia-Ukraine conflict, the country’s flour millers are recommending lowering of tariffs for other imported baking ingredients to help bakers.