Wed, 31 Dec 1997

Indofood not to raise prices

JAKARTA (JP): The country's largest foodstuff producer, PT Indofood Sukses Makmur, promised yesterday not to increase the prices of its products during the Moslem fasting month that starts today.

Indofood's chief executive officer Eva Riyanti Hutapea said in a statement that the prices of noodle products, including Indomie, Supermi, Sarimi and Sakura, and bottled Bimoli cooking oil would remain the same.

She said Indofood would maintain adequate supplies of those products to deter speculation by traders considering increasing their retail prices.

"We call on traders to support our goodwill so that consumers will complete the fasting month peacefully," Eva said. (rid)