Economist-congressman Joey Salceda of Albay's 2nd district has explained how his proposed importation of 400,000 metric tons (MT) of sugar would actually be beneficial to local farmers--something that seems counterintuitive on the surface. (Unsplash) "I already have a proposal to allow industrial...
Albay 2nd district Rep. Joey Salceda said several local industries are in danger of getting "killed" because of high sugar prices. Albay 2nd district Rep. Joey Salceda This would result to loss of jobs for Filipinos, which according to the House Committee on Appropriations chairman is already...
Economist-congressman Joey Salceda of Albay doesn't think that the proposed reforms to the charter of the controverisal Sugar Regulatory Administration (SRA) would result to lowered sugar prices for consumers. (Mathilde Langevin/ Unsplash) “The recommendations might or might not be good. Some of...
The national government might see losses of up to P2.5 billion in sweetened beverage taxes if industrial users and producers don’t have the sugar they need to continue their operations, Albay 2nd district Rep. Joey Salceda said. Albay 2nd district Rep. Joey Salceda “Jobs are on the line. Taxes...
The Sugar Regulatory Administration (SRA) has extended the arrival period for sugar ordered overseas until the end of October. DTI tracks prices and supply of BNPC, Sugar in Manila The SRA's order amended the February Sugar Order that allowed the importation of 200,000 metric tons (MT) of sugar for...
Senior Deputy Minority Leader and Northern Samar 1st district Rep. Paul Daza is batting for the institutionalization of long-term solutions toward agricultural self-sustainability instead of relying on stop-gaps for food security issues. Northern Samar 1st district Rep. Paul Daza (Facebook) This,...
The Sugar Regulatory Administration (SRA) will start selling sugar at P70 per kilo at its Quezon City and Bacolod City offices, the Department of Agriculture (DA) announced on Monday, Oct. 17. DTI tracks prices and supply of BNPC, Sugar in Manila In a statement, the DA said sugar will be sold at...
A measure that seeks the exemption of sugar, bread, canned goods, and other essential commodities from value added tax (VAT) has been filed by Makabayan solons led by Gabriela Women’s Party-list Rep. Arlene Brosas. Brosas and her fellow Makabayan bloc lawmakers ACT-Teachers Rep. France Castro and...
BACOLOD CITY – Megaworld, the country’s leading real estate developer, will put an iconic addition to its 34-hectare property here with the construction of The Upper East House. The perspective of Megaworld’s The Upper East House in Bacolod City. (Photo courtesy of Megaworld) The Upper East...
Agents of the Bureau of Customs (BOC) discovered over P1.8 billion worth of local and imported sugar and other items during an inspection in a warehouse in Nasugbu town of Batangas. The BOC has intensified the inspections and operations against smuggling and hoarding of sugar amid reports of...
A vice chairman of the House Committeec on Appropriations wondered out loud Monday, Sept. 5 whether or not President Ferdinand "Bongbong" Marcos Jr. knew enough about the country's laws, particularly those that pertain to sugar importation. Bukidnon Rep. Jose Maria Zubiri Jr. (left) and President...
Spoonful of sugar (Pixabay) It’s an old song in an old movie where Julie Andrews sings “Just a spoonful of sugar makes the medicine go down…” The lyrics floated in my memory recently because of all the news about sugar. From the news the government canceled an order to import 300,000 metric...
