SRA compiling industry objections to tax hike for sweetened drinks bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
Sugar millers push back vs proposed tax increase on sweetened products bworldonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bworldonline.com Daily Mail and Mail on Sunday newspapers.
MANILA (Philippine Daily Inquirer/Asia News Network): A group of sugarcane planters has called on the Sugar Regulatory Administration (SRA) to make an inventory of the country’s sugar stockpile, including the entry of 440,000 metric tonnes (MT) of imported sugar under the last importation order allowed by the agency.
Local sugar millers are opposing the proposal of certain quarters to allow more imports of molasses, arguing that domestic production, which has been on an “upswing,” is more than enough to meet demand for the bioethanol ingredient that remains tepid. The Philippine Sugar Millers Association Inc. (PSMA) on Tuesday said the…
Sugar millers are opposing the proposal to allow the importation of additional molasses for bioethanol production, arguing that there is sufficient supply of the raw material locally.