Latest supply and demand situation of the philippine sugar industry
Archived Articles
January 06, 2015 Daily Star By Carla Gomez
Government, business and sugar leaders yesterday were upbeat about Negros Occidental’s economy in 2015 despite the start of the Asian Free Trade Area agreement this year.
Vice Governor Eugenio Lason said the sugar industry will continue to be the driver of Negros’ economy.
“And with fuel prices at a low, I expect a good year for sugar.…
January 05, 2015 Sugaronline
Strong headwinds look set to impact the sugar industry, with abundant global sugar stocks continuing to weigh on world market prices, according to the Australian Broadcasting Corp.
The latest Rabobank sugar update says although prices have been under pressure for some time, projections suggest that world production in 2014/15 will be little different from the…
January 5, 2015 The Philippine Star By Zinnia B. dela Peña
MANILA, Philippines - The Bureau of Internal Revenue (BIR) will impose a one percent creditable withholding tax on income payments on locally produced raw sugar.
This after the BIR created a separate sub-section for the withholding of creditable income tax on locally produced raw sugar given the peculiarity of operations by the…
January 2, 2015 The Daily Iberian By Horace Holloman III
Sugar cane farmers in the United States should have nothing to worry about as the nation tries to repair its trade relationship with Cuba, according to local industry officials.
On Dec. 17, President Barack Obama ordered the restoration of full diplomatic relations with Cuba and the opening of an embassy in Havana. This diplomatic…
December 26, 2014 Farmers Weekly By Olivia Cooper
Sugar beet faces a dramatic reduction in price for 2015 as high stocks and record yields in 2014 led British Sugar to cut contracts by 9%.
“At current prices, growers must be sure of producing sufficient yields to make a profit,” says Andersons director Nick Blake.
“I would suggest anything below 70t/ha requires further examination…