Latest supply and demand situation of the philippine sugar industry
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March 23, 2015 Visayan Daily Star by Rene Genove | http://goo.gl/lNoLzE
DAR-Negros Oriental will distribute eight sets of farm facilities to identified agrarian reform beneficiaries’ organizations, or ARBOs, in Negros Oriental when the required documents are ready.
Provincial Agrarian Reform Program Officer II, Louie Naranjo, said the farm facilities…
March 21, 2015 Visayan Daily Star by Carla Gomez | http://goo.gl/zCmkML
Sugar Regulatory Administrator Ma. Regina Martin said yesterday that a request to delay the imposition of its recently reimposed 12 percent advance Value-Added Tax on raw and refined sugar until next crop year, is being made at the Bureau of Internal Revenue.
She is relaying…
March 20, 2015 Visayan Daily Star by Modesto Saonoy | http://goo.gl/4ARQpt
The conflict between the Bureau of Internal Revenue and the sugar producers – millers and planters – is getting serious as the BIR presses hard on the producers on the value added tax on sugar. The problem that arose from the advance withholding tax has deteriorated so that the BIR, through the…
March 19, 2015 Philippine Daily Inquirer by Ronnel Domingo | http://goo.gl/cT9cYp
MANILA, Philippines–Domestic production of raw sugar is expected to fall short of the 2.5 million-ton goal for the current crop year that ends in July, prompting regulators to scrap export allocations for countries other than the United States.
According to Regina Martin,…
March 19, 2015 The Philippine Star by Richmond Mercurio | http://goo.gl/fldWUM
MANILA, Philippines - A subsidiary of sugar group Roxas Holdings Inc. (RHI) has acquired a significant stake in the country’s second largest ethanol company for P420 million.
In a disclosure to the local bourse, RHI said Roxas Pacific Bioenergy Corp. had purchased on 26.7 percent stake…