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750K metric tons for industrial users, while another 750K MT for consumers; delivery set not later than November 15, 2022 (Eagle News) – The Sugar Regulatory Administration has authorized the importation of 150,000 metric tons of refined sugar – half of which are allocated to industrial users, while the other half is allocated to consumers. In SRA’s Sugar Order No. 2 signed by President Ferdinand Marcos Jr., and other agriculture and SRA officials, the […]
Pres. Marcos Jr., looking into direct importation of sugar by food manufacturers with SRA approval as emergency measure President Ferdinand “Bongbong” Marcos Jr., during his consultation with food manufacturers to address concerns regarding the high prices of sugar. (Photo from Facebook page of President Ferdinand Marcos Jr.) (Eagle News) — President Ferdinand “Bongbong” Marcos Jr, assured the public that his administration is dealing with the problems hounding the sugar industry, and is in talks with […]
2 SRA execs resign after controversy erupts around Sugar Order no. 4 which Palace says PBBM did not approve (Eagle News) – President Ferdinand “Bongbong” Marcos Jr., said he is amenable to the importation of at least 150,000 tons of sugar by October if stocks are not enough. In his vlog on Sunday, August 14, the President said the government could import a fair amount of sugar by October at 150,000 metric tons, or half […]
(Eagle News) — Tiniyak ng Sugar Regulatory Administration (SRA) na may sapat na suplay ng asukal ang bansa sa kasalukuyang taon. Sinabi ni SRA Administrator Hermenegildo Serafica, tiwala siyang maaabot ng produksyon ang local demand ng bansa ngayong anihan. Ang crop year ng asukal ay nagsisimula sa Setyembre 1 at magtatapos naman sa Agosto 31 ng susunod na taon. Bagaman tiniyak ang suplay ng asukal, isa aniya sa nakikitang problema ngayon ng industrya ang kakapusan […]
The average retail price of sugar has increased during the second week of April due to the increase in demand and speculations that traders will increase prices in preparation for they payment of the 12% Value Added Tax (VAT) next month. According to the Sugar Regulatory Administration (SRA), the average retail price of raw sugar in Metro Manila markets have increased by P1.00 per kilo. From P43.50, the current price is now at P44.50 per […]
