Liberalization will help address the competition concerns hounding the Philippines’ sugar industry, which is keeping the prices of the sweetener high. In a forum organized by Philippine Competition Commission (PCC), Roehlano Briones, a senior research fellow at the Philippine Institute for...
Despite the recent decision of the Sugar Regulatory Administration (SRA) to temporarily halt the shipment of local sugar output to the United States, Senator Juan Miguel Zubiri still proceeded to tell the agency to make sure the country will have enough supply of the sweetener for this year....
The Philippines will no longer export sugar to the United States (US) during the current crop year amid the expected shortfall in local production. On Tuesday (March 30), Sugar Regulatory Administration (SRA) released Sugar Order (SO) 1-A, amending SO 1, which allotted 7 percent of the country’s...
A Board Member of Sugar Regulatory Administration (SRA) backed the call of some local industry players to scrap the export allocation of the country’s sugar production for the current crop year to the United States. This, as groups like Confederation of Sugar Producers Associations, Inc. (CONFED)...
Banks and other Bangko Sentral ng Pilipinas (BSP) supervised financial institutions (BSFIs) such as pawnshops and e-money issuers have “low” to “medium” risk exposures when it comes to money laundering (ML), terrorist financing (TF) and proliferation financing (PF), based on the BSP’s...
The Philippines has been short of sugar production for many years, and it will stay that way for a long time, a top official of a sugar-producing company said. This, according to Central Azucarera de Bais Chairman Steven...
Senate Majority Leader Juan Miguel Zubiri has raised concerns over the recent appointments at Sugar Regulatory Administration (SRA), which were formalized in separate allegedly falsified documents containing Agriculture Secretary William Dar’s signature without his knowledge. Sen. Juan Miguel...
