Archived Articles

March 25, 2015 Sugaronline | http://goo.gl/GDV0YY  

Sugar prices recently dropped to their lowest level since 2009, and they're not likely to recover much from that level by the end of the year, according to MarketWatch.

With the market hit by a "global abundance of sugar," Capital Economics on Tuesday lowered its year-end price forecast for the commodity.

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March 26, 2015 ABS-CBN News by Czeriza Valencia, PhilStar | http://goo.gl/1UWUjb

MANILA, Philippines - The Sugar Regulatory Administration (SRA) has asked the Bureau of Internal Revenue (BIR) to postpone the implementation of the recently imposed 12 percent advance value-added tax on raw and refined sugar until the start of the next crop year.

SRA administrator Ma…

March 25, 2015 Visayan Daily Star by Carla Gomez | http://goo.gl/TgkhXf

All the sugar federations will file cases against traders who deduct a 12 percent Valued Added Tax from raw sugar they bid for and buy starting today, Manuel Lamata, president of the United Sugar Producers Federation of the Philippines, warned yesterday.

The deduction is being…

March 24, 2015 Sugaronline | http://goo.gl/uUFIhg  

Sugar mills are seeking the central government's intervention to reduce the gap between the production cost and sale price of the sweetener that is resulting in huge losses to the mills and rising cane price arrears to farmers, according to India's Telegraph newspaper.

Om Prakash Dhanuka, chairman of Riga Sugar…

March 24, 2015 Sugaronline | http://goo.gl/llBFYc  

Industry Minister Chakramon Phasukavanich said Monday the ministry would ask the Cabinet to amend the Cane and Sugar Act to facilitate the opening of about 50 sugar processing plants this year, according to Thailand's The Nation newspaper.

Meanwhile, Prime Minister General Prayut Chan-o-cha has hinted that the…