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DA eyes auction system for commodity imports

THE DEPARTMENT of Agriculture (DA) is now studying following an auction system starting with sugar to ensure transparency in the country’s import system.

SRA announces start of applications to fill US export quota

THE Sugar Regulatory Administration (SRA) said it is taking applications to fill the US export quota of 142,160 metric tons in raw value or 136,201 metric tons in commercial weight for 2019-2020.

Fitch Solutions trims 2020 PHL sugar production forecast

SUGAR PRODUCTION in the Philippines for crop year 2019/2020 is projected to reach 2.1 million tons amid higher domestic consumption and as local prices remain higher than global levels, Fitch Solutions Macro Research said in its industry trend analysis.

Sugar groups get House backing vs liberalization of sugar imports

SUGAR GROUPS fighting against the liberalization of sugar importation have gained support from the House of Representatives (HoR) as legislators passed a resolution earlier this week condemning the Department of Finance (DoF)’s deregulation plan.

Sugar output declines in end-August as demand falls

PHILIPPINE sugar production fell by 0.47% at the end of the crop year in August as demand fell, according to the Sugar Regulatory Administration (SRA).

Sugar output inches lower as crop year nears end

RAW SUGAR production dropped by 0.27% year-on-year as of the first week of July, the Sugar Regulatory Administration (SRA) reported, with the crop year nearing its end.

Sugar production output in late June marginally lower amid falling prices

SUGAR PRODUCTION as of the fifth week of June declined 0.12% year on year, the Sugar Regulatory Administration (SRA) said.

SRA reports 18% drop in sugar prices

THE Sugar Regulatory Administration (SRA) said on Friday the farm-gate price of sugar fell 18% this month to P1,634.58 per 50 kilograms from P2,003.60 in July.

Coca-Cola open to refranchising PHL operations

ATLANTA-BASED The Coca-Cola Co. said it is open to potential partners for its bottling operations in the Philippines, after Mexico’s Coca-Cola FEMSA S.A.B de C.V. exited the local market.

FEMSA exit triggers scramble to liberalize sugar imports, DTI says

THE GOVERNMENT is rushing to liberalize the importation of sugar to address supply issues after a major Mexican bottler gave up its rights to make and sell Coca-Cola products in the Philippines.

1.125M kilos of smuggled sugar recommended for auction

THE Sugar Regulatory Administration (SRA) has recommended to the Bureau of Customs (BoC) that it auction the 1.125 million kilos of smuggled refined sugar in the bureau’s custody.

Customs files raps vs alleged smugglers of sugar, illegal drugs

By Camille A. Aguinaldo The Bureau of Customs (BoC) filed on Thursday, Aug. 16, five criminal complaints before the Department of Justice (DoJ) against alleged...

DTI zeroes in on energy drinks for sugar labeling

THE DEPARTMENT of Trade and Industry (DTI) has identified energy drinks as one of the products that it wants to label “High in Sugar” under proposed new labeling rules.

Duterte wants DTI to put health warning labels on sugary drinks

By Arjay L. Balinbin, Reporter President Rodrigo R. Duterte has ordered the Department of Trade and Industry (DTI) to place health warning labels on sugar-sweetened...

Sugar output enough to meet local demand, US quota, agency says

The Philippines’ sugar production will be enough to meet local demand and, at the same time, satisfy allotments for the country’s US quota for...

Sugar production to meet local demand, US quota this year — SRA

The Sugar Regulatory Administration (SRA) said that the country's sugar production will still be able to cater to both domestic demand and the US...

Excise tax collections surge 82% in January

Excise tax collections surged in January to hit nearly double from a year ago as the new tax law kicked in, boosted by new...

Coca-Cola PH lays off workers amid restructuring

Coca-Cola FEMSA Philippines Inc. relieved an undisclosed number of workers amid an "organizational restructuring". In a statement on Tuesday, the soft drinks manufacturer said this...

Sugar planters ask DA to investigate ‘undocumented entry’ of HFCS

SUGAR PLANTERS are blaming the reported unabated smuggling of high fructose corn syrup (HFCS) into the country as the cause in the drop in...

Sacked chief of sugar administration links new head to contract that...

By Janina C. Lim Reporter PRESIDENT Rodrigo R. Duterte has appointed a new chief at the Sugar Regulatory Administration (SRA) who allegedly also had a hand...

Senate to retain ‘50%-70%’ of DoF tax package

THE SENATE is planning floor deliberations on Sept. 20 on new revenue measures that will partly compensate for dilutions of the original tax reform program proposed...

SRA sees 4.8% decline in sugar output

THE PHILIPPINES has allocated the bulk of this crop year’s sugar output to the domestic market amid an expected decline in production, though the...

What should we tax next?

One newspaper report noted that the Finance department was looking into the proposal of an airline company for the government to remove the travel...

DoF wary drinks firms may game sugar tax

A SUGAR content-based approach for the proposed drinks tax will allow beverage manufacturers to game the system and avoid paying a higher levy, ultimately...

Mondelez calls P10/liter sugar tax ‘unfair’

SNACK COMPANY Mondelez has expressed “serious concerns” about the government’s proposed P10 per liter tax on sugar-sweetened beverages, calling the proposal premature and unfair. “As...

WHO urges price hikes on sugary drinks in obesity fight

GENEVA, SWITZERLAND -- The UN health agency on Tuesday urged countries to start taxing sugary beverages as they fight against an obesity epidemic, pointing...