Planters: SO 6 gives Department of Agriculture too much power on sugar imports | Jasper Y. Arcalas

United Kingdom News News

Planters: SO 6 gives Department of Agriculture too much power on sugar imports | Jasper Y. Arcalas
United Kingdom Latest News,United Kingdom Headlines
  • 📰 BusinessMirror
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 59%

A group of sugarcane planters on Thursday lamented that Sugar Order (SO) 6 provides the Department of Agriculture (DA) with “excessive” discretionary power in allocating the 440,000 metric tons (MT) of imported refined sugar. Know more:

A GROUP of sugarcane planters on Thursday lamented that Sugar Order 6 provides the Department of Agriculture with “excessive” discretionary power in allocating the 440,000 metric tons of imported refined sugar.

The group pointed out that SO 6 does not contain any provision that would “ensure transparency in the granting of import permits.” In the previous sugar import programs of the national government, the SRA board set a limit on the allowable import volume per importer or the allocation was prorated for each eligible importer.

Under Section 13 of SO 6, every allocation of imported sugar will be subjected to a bond of P850 per 50-kilogram bag unless otherwise waived or reduced by the DA in case of emergency, or when there is a need to address high consumer retail prices or upon justified circumstances. Citing the import rules, Confed explained that eligible importers must be actually engaged in the selling of physical sugar to domestic “consumers.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BusinessMirror /  🏆 19. in PH

United Kingdom Latest News, United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

New BOC chief inspects containers with P90M worth of illegal sugar and cigarettesNew BOC chief inspects containers with P90M worth of illegal sugar and cigarettesMANILA, Philippines — New Customs Commissioner Bienvenido Rubio has led the inspection of containers holding P90,442,850 worth of smuggled cigarettes and sugar, according to the Bureau of
Read more »

More ‘aggressive’ fight vs inflation needed — DoF - BusinessWorld OnlineMore ‘aggressive’ fight vs inflation needed — DoF - BusinessWorld OnlineTHE EXECUTIVE department, particularly local government units (LGUs), should be more “aggressive” in the fight against inflation that is expected to remain elevated this year, Department of Finance (DoF) Secretary Benjamin E. Diokno said. “The monetary authorities have done their part; the Executive department, including LGUs, have to do more, be more aggressive and focused. […]
Read more »

Diokno: Gov't should be 'more aggressive' in fighting inflationDiokno: Gov't should be 'more aggressive' in fighting inflationFinance Secretary Benjamin Diokno said Saturday that the Executive Department has to be “more aggressive and focused” to tackle inflation, which reached a 14-year high in January.
Read more »

DILG orders manhunt to find suspects in gun attack on Lanao del Sur guvDILG orders manhunt to find suspects in gun attack on Lanao del Sur guvMANILA, Philippines — Department of Interior and Local Government Secretary Benjamin Abalos Jr. on Saturday directed the Philippine National Police (PNP) to launch manhunt operations to find the
Read more »

DSWD-7 : 2,594 individuals receive cash aidDSWD-7 : 2,594 individuals receive cash aidCEBU CITY, Philippines — Some 2,594 individuals received cash aid through the Assistance To Individuals in Crisis Situations (AICS) program of the Department of Social Welfare and Development in
Read more »

DTI on China laser-pointing: Geopolitics, business can't be separatedDTI on China laser-pointing: Geopolitics, business can't be separatedThe Department of Trade and Industry (DTI) said Saturday that Chinese investments and trade with the Philippines had continued amid the territorial tensions between both countries.
Read more »



Render Time: 2025-03-10 06:18:38