Latest supply and demand situation of the philippine sugar industry
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May 7, 2015Sugaronline | http://goo.gl/o4fTHU
The sugar and ethanol division of Brazilian conglomerate Cosan SA said late Wednesday its sugar output in the 2014/15 season fell more than 9% from the previous season after drought crimped cane development, according to Reuters.
Raizen, the joint venture between Cosan and Royal Dutch Shell produced 4.08 million metric…
May 7, 2015Visayan Daily Star by Carla P. Gomez | http://goo.gl/TqP3vD
The Bureau of Internal Revenue will continue collecting advance Value Added Tax on raw sugar until it gets further orders from BIR Commissioner Kim Henares.
This was disclosed by Jose Ric Cabrera, chief of the BIR Regional Office 12 Legal Division in Bacolod City, yesterday following…
May 6, 2015Sugaronline | http://goo.gl/oIId6V
The Thai Millers Corporation (TSMC) said late Tuesday that while it estimates a higher volume of sugarcane will have been crushed when the 2014/15 crushing season ends this week, the final production figure will be flat on the year due to dry weather reducing the yield of commercial cane sugar (CCS), according to Platts.
…May 6, 2015Visayan Daily Star by Carla P. Gomez | http://goo.gl/PPHCdM
Public consultations on the implementing rules and regulations of the Sugarcane Industry Development Act are set this month, Sugar Regulatory Administrator Ma. Regina Martin said yesterday.
The consultations will be held at the Sugar Regulatory Administration Social Hall in Quezon City…
May 6, 2015Visayan Daily Star by Carla P. Gomez | http://goo.gl/rcvBuP
President Benigno Aquino III presided over a Cabinet executive session at Malacañan Palace yesterday to address the call of the sugar industry for the lifting of Value Added Tax on raw sugar.
It was agreed that the Bureau of Internal Revenue and the Sugar Regulatory Administration will…