BACOLOD CITY: The United Sugar Producers Federation of the Philippines (Unifed) has urged the sugar planters in the country not to sell their sugar to private companies at low prices as the government has allocated an initial budget of P5 billion to directly purchase sugar from farmers at a premium price.
THE government has given the green light for an initial funding of P5 billion to directly purchase sugar from farmers as a measure to address the declining prices of the commodity.
PROPERTY developer Cebu Landmasters Inc. (CLI) said Tuesday that it was planning to raise about P5.0 billion from the public offer of up to 5.0 million preferred shares, inclusive of oversubscription.
ASA Philippines Foundation Inc. (ASA) has successfully raised P5 billion through the issuance of five-year fixed-rate corporate notes classified as a gender bond issue.