Latest supply and demand situation of the philippine sugar industry
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June 1, 2015Sugaronline | http://goo.gl/qgBM3W
Days after the financial state of the Fiji Sugar Corporation was revealed, the industry is now faced with another niggling issue - ageing farmers, according to the Fiji Times newspaper.
This as the sugar industry plans to increase cane production from two million tonnes to three million tonnes within the next…
June 1, 2015Sugaronline | http://goo.gl/ZcOV6h
At least 25 to 30 40-footer container vans of refined sugar were successfully smuggled out of the Mindanao Container Terminal in Tagoloan, Misamis Oriental, last week before authorities seized over a dozen others, says Customs Deputy Commissioner Jessie Dellosa, according to the Philippines' Enquirer newspaper.
Dellosa…
May 29, 2015Sugaronline | http://goo.gl/oCZh20
The Allahabad High Court has asked sugar mill owners in Uttar Pradesh to settle 75% of cane arrears to farmers by July 15, according to India's Business Standard newspaper.
Mill owners owe INR100 billion (US$1.56 billion), according to India's Business Standard newspaper.
The consolidated dues of private,…
May 29, 2015Visayan Daily Star by Carla P. Gomez | http://goo.gl/hZuUjT
Sugar leaders welcomed yesterday the issuance by the Bureau of Internal Revenue of Revenue Regulations No. 8-2015, finally amending its definition of raw cane sugar to be exempted from advance Value Added Tax, to include what the industry calls raw sugar.
RR 8-2015, signed by Finance Secretary…
May 29, 2015BusinessWorld by Mikhail Franz E. Flores | http://goo.gl/izbrTy Sugaronline | http://goo.gl/Jzqa4F
DISPUTES concerning the tax treatment of sugar products have been settled, with the Bureau of Internal Revenue (BIR) adopting an exemption regime that the sugar industry finds acceptable.
In Revenue Regulation 8-2015, BIR…