Marcos wants to revive Philippine Sugar Corporation
It was the late dictator Ferdinand E. Marcos who established PhilSuCor in 1983, through Presidential Decree 1890
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It was the late dictator Ferdinand E. Marcos who established PhilSuCor in 1983, through Presidential Decree 1890
President Ferdinand Marcos Jr. yesterday said the government will identify tracks of land to be planted to sugar that will increase the production of the s...
The proposed importation of as much as 450,000 metric tons of sugar this year has drawn some apprehension among agricultural stakeholders, who expect data on production and consumption to dictate the volume being brought in.
SRA acting administrator David John Thaddeus Alba with Rep. Emilio Yulo (5th district, Negros Occ.) and Gov. Eugenio Jose Lacson at the 68th PHILSUTECH National Convention held at the SMX Convention Center in Bacolod City.* Capitol PIO photo
"If the cost of sugar is high, exporters won't be competitive," See said in mixed Filipino and English. "Right now, if you buy from Thailand and Asian countries, the price of sugar, the landed cost in the Philippines is only about P40. But as of now, if the price is P80 to P100, the industry will not be competitive."