SRA approves 440,000 MT of sugar imports

The Philippines will be importing 440,000 metric tons of refined sugar.

MANILA, Philippines – The Sugar Regulatory Administration on Wednesday, February 15, made public an order authorizing the importation of 440,000 metric tons of refined sugar to temper prices.

The copy released to media did not have the signature of President Ferdinand Marcos Jr., who concurrently sits as agriculture secretary. Under SO 6, 200,000 MT will be allocated to consumers, while the remaining 240,000 MT will be for buffer stock.

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:

rapplerdotcom /  🏆 4. in PH

Malaysia Latest News, Malaysia Headlines

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

SRA Board okays importation of 440,000 MT of refined sugar | Jasper Y. ArcalasThe Philippines has allowed the importation of 504,050 metric tons (MT) of sugar, bulk of which being refined, to augment local supply and pull down the elevated prices of the commodity in the domestic market. The Sugar Regulatory Administration (SRA) Board approved on Monday a sugar order (SO) that would…
Read more »

SRA lowers sugar output forecast for current crop year to 1.831 MMT | Jasper Y. ArcalasThe Sugar Regulatory Administration (SRA) further lowered its raw sugar production estimate for the current crop year to 1.831 million metric tons (MMT) due to adverse effects of prolonged rains and sudden closure of Central Azucarera Don Pedro Inc. (CADPI) sugar mill in Batangas. The latest estimate, disclosed by SRA…
Read more »

SRA issues order to import 440,000 MT of sugar, sans Marcos signatureThe Sugar Regulatory Administration (SRA) on Wednesday released an order authorizing the importation of 440,000 metric tons (MT) of refined sugar, even without the signature of President Ferdinand "Bongbong" Marcos Jr., who sits as chairman of the SRA Board in his capacity as Secretary of Agriculture.
Read more »

4 alleged pushers yield P120,000 shabu in Quezon provinceLUCENA CITY — Four alleged drug pushers on the police watchlist were caught on Monday and Tuesday (Feb. 13 and 14) in possession of over P120,000 worth of shabu (crystal meth) in Candelaria town
Read more »

Philippines to import fresh 440,000 MT of sugarThe board of the Sugar Regulatory Administration unanimously approved the plan to bring in 440,000 metric tons of refined sugar to stabilize retail prices and shore up the country’s buffer stock. | jordeenelagare /PDI
Read more »