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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 […]
(Eagle News) – Malacanang said that six officers of the Bureau of Customs assigned at the Port of Subic have been relieved of their posts and “recalled” to the BOC main office as the probe on alleged sugar smuggling continues. Press Secretary Trixie Cruz-Angeles announced this on Wednesday, August 24, saying that the six BOC officers have been transferred to the office of the acting Customs Commissioner Yogi Filemon while awaiting the result of […]
(Eagle News) — Malacanang said that inspection of various warehouses in the country will continue as authorities investigate if there is hoarding of sugar supplies to create an “artificial sugar crisis.” Press Secretary Trixie Cruz-Angeles said that authorities from the Bureau of Customs (BOC), Department of Trade and Industry (DTI) and the Sugar Regulatory Administration (SRA) will continue the inspection of warehouses using the “exercise of visitorial powers.” “Tuloy pa rin ang inspection sa […]
SM Supermalls, Robinsons Supermarket, and Puregold to sell their inventory at a lower price; limit is 1 kilo per buyer (Eagle News) – Malacanang said on Friday, August 19, that three big supermarket chains have already promised to sell their refined sugar supplies at a lower price of P70 per kilo. Supermarkets of SM, Robinson’s and Puregold have all agreed to the request of President Ferdinand “Bongbong” Marcos Jr., to sell at least 1 million […]
Authorities suspect P22-M worth of sugar supplies were being hoarded to manipulate sugar prices (Eagle News) – The Bureau of Customs found and seized some 44,000 sacks of imported sugar worth some P22 million in separate “raids” in warehouses in Pampanga and Bulacan on Thursday, August 18, 2022, suspected of being hoarded by traders to create a supply shortage. “The raids were in accordance with the marching orders of President Ferdinand “Bongbong” Marcos Jr. […]
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) — Binabalak ng Sugar Regulatory Administration (SRA) na mag-angkat ng asukal mula sa ibang bansa. Kasunod ito ng pagtaas ng presyo ng brown sugar sa Php 54.15 kada kilo mula sa dating 47 pesos noong September 2017, habang nasa 64 pesos na ang presyo ng refined sugar mula sa dating 53 pesos. Sinabi ni SRA Administrator Hermenegildo Serafica, patuloy na pagtaas ng presyo ng raw at refined sugar kasunod ng pagbaba ng produksyon […]
(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 […]
PARIS, France (AFP) — Sugar may be bad not only for your teeth and your waistline, but also your mental health, said a study Thursday that was met with skepticism by other experts. Researchers at University College London (UCL) compared the reported sugar intake of more than 8,000 people in a long-term British study, to their mood. The study participants, civil servants, were monitored from 1985-1988, and filled out a questionnaire every few years thereafter. […]
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 […]
