Latest supply and demand situation of the philippine sugar industry
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March 2, 2015 Daily Star by Carla Gomez | http://goo.gl/07aMh4
Sugar leaders are asking for a moratorium on the imposition of Revenue Regulation 11-2014 so a win-win solution can be reached, at a dialog to be held at the Bureau of Internal Revenue Region 12 office in Barangay Taculing, Bacolod City, at 1:30 p.m. today.
RR 11-2014 imposes a one percent creditable…
February 27, 2015 Sugaronline | http://goo.gl/bno7zH
In a bid to reduce losses, sugar mills in Uttar Pradesh are planning to advance closure of cane crushing by a month for the current season. Experts believe advancing closure by a month would save 10%-15% of mills' operational cost for the season, according to India's Business Standard newspaper.
Normally…
February 27, 2015 Business World by Krista Montealegre | http://goo.gl/xGw9yH
FIRST PACIFIC Co. Ltd. completed the infusion of fresh capital amounting to P1.7 billion into Roxas Holdings, Inc. (RHI), effectively gaining control of the local sugar company.
RHI told the stock exchange First Agri Holdings Corp. (FAHC) purchased 241.78 million treasury shares of the…
February 27, 2015 Manila Standard Times by A. Rimando | http://goo.gl/Xn1kaO
ZAMBOANGA CITY, Zamboanga Sibugay—Second district Rep. Lilia Macrohon-Nuno on Thursday asked for a full-blown investigation on the disappearance of close to 60 tons of smuggled sugar, worth over P2.5 million, allegedly under the custody of the Bureau of Customs district office here.…
February 26, 2015 Sugaronline | http://goo.gl/8KtOFk
The International Sugar Organization on Wednesday said the sugar market will be roughly in balance this year, with only a small surplus, but still expects the market to swing to a deficit in 2015/16, according to Dow Jones.
The London-based organization expects a supply surplus of 620,000 metric tonnes…