Marcos: Philippines may need to import some sugar as supply dwindles

[snoop1130]

Farmers harvest sugarcane in Tuy, Batangas on May 14, 2021.

The STAR / Ernie Penaredondo, file

 

MANILA, Philippines — President Ferdinand "Bongbong" Marcos Jr. is open to importing additional sugar in October but the volume may be less than the 300,000 metric tons proposed by the Sugar Regulatory Administration (SRA) last week.

 

Marcos rejected the SRA's proposal and the House on Monday started hearings on the authorization to import sugar that the agency issued but that the Palace said the president had thumbed down.

 

In a vlog posted on YouTube on Sunday, Marcos said the country has enough sugar so there is no need to import for now. The local supply should be consumed first before importing additional sugar, he added.  

 

Full Story: https://www.philstar.com/headlines/2022/08/15/2202834/marcos-philippines-may-need-import-some-sugar-supply-dwindles

 

-- © Copyright Philstar 2022-08-15

[bangon04]

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