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Seized 7K MT of sugar confirms ploy to use SO 4 in smuggling

(Photo courtesy of BOC Public Information and Assistance Division) MANILA - The seizure of about 7,000 metric tons (MT) of sugar at the Subic Port in Zambales is a confirmation of reports reaching the Office of the Executive Secretary (OES) that Sugar Order (SO) No. 4, which was disapproved by Malacanang, could have been used as cover for sugar smuggling. But since SO 4 was scrapped, those behind the attempted smuggling of 140,000 bags of sugar in Subic have resorted to using "recycled impo...
Camarines Norte Davao City Rondell Manjarres Rigoberto Tiglao Victor Rodriguez Ferdinand Marcos Jr

NEDA: Sugar importation should be allowed if local produce is not enough

The National Economic and Development Authority (NEDA) said importation should be allowed when local sugar manufacturers are not producing enough to keep up with demand. On the Economic Journalists Association of the Philippines (EJAP) forum on Wednesday, Aug. 17, Socioeconomic Planning Secret
Marcos Jr Leocadio Sebastian Arseniom Balisacan Development Authority Cola Products Philippines Inc Philippine Chamber
Source: mb.com.ph

Coca-Cola, Pepsi, RC: Softdrinks industry facing sugar shortage

In a joint statement, Coca-Cola Beverages Philippines Inc., Pepsi-Cola Products Philippines Inc., and ARC Refreshments Corp. confirmed that “our industry is facing a shortage of premium refined sugar – a key ingredient in many of our products.”
Roland Beltran Ferdinand Marcos Jr Leocadio Sebastian Department Of Agriculture Cola Beverages Philippines Inc Sugar Regulatory Administration Administrator Hermenegildo Serafica

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