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Producers buck plan to allow more sugar imports

The Sugar Council, composed of three sugarcane producers’ federations in the country, has expressed its vehement opposition to the proposal of the Sugar Regulatory Administration o address low millgate prices of sugar, by “allowing traders to import even more sugar.”.....»»

Category: newsSource:  philstarRelated NewsFeb 6th, 2024

No sugar MAV this year – SRA

The government did not allow the importation of sugar at a lower tariff rate in the current minimum access volume (MAV) year since the country has ample stocks to meet domestic consumption, the Sugar Regulatory Administration said......»»

Category: financeSource:  philstarRelated NewsMar 4th, 2024

‘STABILIZE PRICES’ | Sugar council lauds move for direct sugar buying

‘STABILIZE PRICES’ | Sugar council lauds move for direct sugar buying.....»»

Category: newsSource:  sunstarRelated NewsJan 25th, 2024

Repeal of liberalization law urged to combat high rice inflation

A farmer group on Wednesday said that reversing the rice liberalization law would help address the low procurement of rice grains and high rice inflation......»»

Category: financeSource:  philstarRelated NewsApr 10th, 2024

Delivery drivers urge Mayor Baste for business permit exemption

Title: Delivery Drivers Seek Exemption from Business Permit Requirement A group of delivery drivers in Davao is urging Mayor Sebastian Duterte to exempt them from the mandatory business permits. The drivers, including those from various delivery apps such as Grab and FoodPanda, are concerned about the financial burden imposed by the business permits, which range from P2,000 to P6,000. They argue that this requirement is unique to Davao City among all cities and provinces in the Philippines. Grab rider Rolando Atico emphasized the need for solidarity among all delivery drivers, regardless of the app they work for. He urged fellow drivers to support each other, as the financial impact may extend beyond just Grab and FoodPanda. Atico also requested Mayor Duterte to reconsider the requirement and reinstate the previous occupational permit, which only cost P125. The group is facing a 30-day deadline to obtain the business permits, and they are citing financial constraints as a reason for their request for an extension. Failure to comply could result in their removal from the delivery platforms, jeopardizing their livelihoods. Additionally, they are advocating for changes to Davao City's Revenue Code, proposing a model similar to Cebu City, where only an occupational permit is required. The drivers are also calling for an inquiry into the lack of transparency and unilateral actions of food delivery companies, particularly concerning rider capitalization and financial concerns. They believe that a thorough investigation will help ensure fairness and equity in their financial obligations and working relationship with the delivery companies. Maribel Paguican, the Business Bureau officer-in-charge, stated that non-certified delivery riders categorized as service contractors must obtain a business permit. She mentioned two permits for occupational and business activities, with a discounted structure for delivery riders. However, concerns have been raised about increased taxes, potentially ranging from P3,000 to P6,000, along with an additional tax on top of the declared income of P1,400. The delivery drivers' plea for exemption from the business permit requirement reflects their concerns about the financial impact and the potential threat to their livelihoods. Their call for solidarity and support from fellow drivers highlights the urgency of the situation. This story sheds light on the challenges faced by delivery drivers in Davao and the implications of the business permit requirement on their financial well-being. It also underscores their efforts to seek fairness and equity in their working relationship with the authorities and delivery companies......»»

Category: newsSource:  inquirerRelated NewsJan 22nd, 2024

Traders, importers to buy local raw sugar at premium

Sugar traders are keen on purchasing 300,000 metric tons of local raw sugar at a premium price in exchange for getting a priority allocation in future import programs of the government......»»

Category: financeSource:  philstarRelated NewsFeb 8th, 2024

INDUSTRY LEADERS CONVENE | DA, SRA, stakeholders discuss plan to buy sugar from local farmers

INDUSTRY LEADERS CONVENE | DA, SRA, stakeholders discuss plan to buy sugar from local farmers.....»»

Category: newsSource:  sunstarRelated NewsJan 22nd, 2024

A 97-year-old Philippine company closes down

Sugar refiner Central Azucarera Don Pedro in Nasugbu, Batangas, terminates all its employees, saying 'increased sugar importation' by the government in the past years hurt its operations. Thousands of sugarcane planters and field workers are affected......»»

Category: newsSource:  rapplerRelated NewsMar 1st, 2024

VMC net income tumbles on low sugar prices

Low sugar prices and output dragged the earnings of listed sugar miller Victorias Milling Co. Inc. by more than a third in the first half of its current crop year......»»

Category: financeSource:  philstarRelated NewsApr 16th, 2024

Heaven Peralejo, may babala sa mga ‘sugar babies’

BIDA sa 2022 Metro Manila Film Festival entry na Nananahimik Ang Gabi ang controversial PBB alumna turned actress na si Heaven Peralejo. First time din nito tumanggap ng mapangahas na papel bilang ‘sugar baby’ ng mas matandang lalaki na karakter naman ni Ian Veneracion. Ayon sa dalaga, tinanggap niya ang proyekto dahil maganda ang script […] The post Heaven Peralejo, may babala sa mga ‘sugar babies’ appeared first on Pinoy Parazzi......»»

Category: newsSource:  pinoyparazziRelated NewsApr 13th, 2024

Batangas sugar refinery stops operations

Listed sugar and ethanol producer Roxas Holdings Inc. yesterday said it permanently ceased the operations of its wholly owned subsidiary Central Azucarera Don Pedro Inc. Sugar in Batangas to slash its losses......»»

Category: financeSource:  philstarRelated NewsMar 1st, 2024

Duterte-Marcos bickering worries Rama

Duterte-Marcos bickering worries Rama.....»»

Category: sportsSource:  abscbnRelated NewsJan 29th, 2024

Milk production up, importation down – NDA

The country has recorded an increase in local milk production and a decrease in milk importation, according to the National Dairy Administration......»»

Category: newsSource:  philstarRelated NewsMar 12th, 2024

Villar supports Marcos Jr’s easing of agriculture importation

Sen. Cynthia Villar expressed support for President Marcos’ order to ease the process of importation, which could also help sell agricultural products at cheaper prices......»»

Category: newsSource:  philstarRelated NewsApr 23rd, 2024

EDITORIAL - Easing food importation

With food-fueled inflation accelerating for the second straight month in March, and the latest surveys showing rising prices still the top concern of Filipinos, the government’s has once again opted for its go-to response: increased importation......»»

Category: newsSource:  philstarRelated NewsApr 22nd, 2024

DA suspends importation of live cattle, buffaloes from 4 countries

DA suspends importation of live cattle, buffaloes from 4 countries.....»»

Category: newsSource:  sunstarRelated NewsFeb 4th, 2024

RHI widens net loss to P360 million

The attributable net loss of sugar and ethanol producer Roxas Holdings Inc. (RHI) in the first quarter of its current fiscal year widened to nearly P360 million as revenues plummeted due to stoppage of its sugar and bioethanol businesses......»»

Category: financeSource:  philstarRelated NewsApr 20th, 2024

Philippines gets 25,000 MT US sugar allocation

Washington has given Manila the green light to export 25,300 metric tons raw value of raw sugar to the US at lower tariff rates, the US Trade Representative announced recently......»»

Category: newsSource:  philstarRelated NewsMar 19th, 2024

Sugar trail in Panay, Negros eyes inclusion in World Heritage List

Sugar trail in Panay, Negros eyes inclusion in World Heritage List.....»»

Category: newsSource:  sunstarRelated NewsMar 15th, 2024

Calle Real joins Western Visayas Sugar Heritage Trail vying for Unesco World Heritage

Calle Real joins Western Visayas Sugar Heritage Trail vying for Unesco World Heritage.....»»

Category: newsSource:  sunstarRelated NewsMar 14th, 2024