Tell it to SunStar: Senate President Zubiri to SRA officials: Why import when there’s 127,000 MT unreleased sugar in bodegas?

Senate President Juan Miguel F. Zubiri availed on Monday, Aug. 15, 2022 of the privilege hour to deliver a speech calling for an investigation into the Sugar Regulatory Administration’s (SRA) unauthorized release of Sugar Order No. 4, which set an import quota for 300,000 metric tons of sugar into the country.Sugar Order No. 4 was […]

PRA Cebu confirms scarce soda supply

THE shortage of milled sugar has affected not only beverage and soda products, but also other food products that require sugar to produce.This was the statement of Robert Go, chairman and spokesperson of the Philippine Retailers Association-Cebu Chapter, when sought for comment about the announcement of bottler companies, confirming the shortage of premium refined sugar […]

Sugar industry wants SRA to distribute imports 50-50 between industrial users, consumer market

THE sugar industry said the government agency regulating the commodity needs to allocate sugar imports on a 50-50 basis between industrial users and consumers, in keeping with its mandate. “Our suggestion is that (imports) should not be given to just selected industrial users. The mandate of the Sugar Regulatory Administration (SRA) is to regulate supply. […]

‘Market failure’ warrants gov’t intervention to upgrade sugar production

By Luisa Maria Jacinta C. Jocson, Reporter SUGAR FARMING and milling practices need to be overhauled because yields are well below those of other countries, the head of the agriculture industry chamber said, with an analyst saying that the sector’s current predicament constitutes “market failure.” “Other countries have great yields. There is room for improvement […]

Roxas Holdings trims net loss 

ROXAS Holdings, Inc. reported on Monday that it trimmed its net loss to P100.24 million in its third quarter ending June. In its unaudited financial statement, the firm said that its third-quarter net loss attributable to parent firm equity holders narrowed from P159.43 million a year ago. Meanwhile, revenues from contracts with customers increased by […]

SRA: Marcos approves importation of 3OOK metric tons of sugar

THE Sugar Regulatory Administration (SRA) has announced that President Ferdinand Marcos Jr.—concurrently the secretary of the Department of Agriculture—has approved the importation of 300,000 metric tons of sugar, partly in response to the prohibitively doubled price per kilo of the commodity due to the shortage.“Sugar production and supply has been at dangerously low levels for […]

Sugar producers expect to be profitable after 100% of local production allocated to domestic market

THE SUGAR Regulatory Administration’s (SRA) decision to allocate 100% of sugar output to the domestic market in crop year 2021-2022 is expected to help producers be profitable because they will not be required to sell sugar to the US at concessionary prices. Manuel R. Lamata, United Sugar Producers Federation president, said in a phone message […]

To keep active during lockdown, do chores — doctors

AS ANOTHER two-week lockdown looms over the capital, Dr. Reynaldo D. Rosales, an endocrinologist at St. Luke’s Medical Center, recommended exercise alternatives for Manila’s residents such as car washing, floor sweeping, gardening, and window washing.  For those less inclined to do chores, there’s always dancing, rope jumping, stair walking, and stationary biking. You don’t even need a partner to dance, Dr. Rosales added in a recent webinar about […]