Agriculture Secretary Francisco Tiu Laurel Jr. said the Sugar Regulatory Administration (SRA) board, which he chairs, would approve the importation program during their meeting next month.
He said the volume could still increase depending on their deliberations on the country's sugar supply situation.
Nonetheless, he noted that the minimum 200,000 MT import volume is being eyed to plug the foreseen shortfall in sugar stocks by August and tide over the country until the next milling season in October.
"That is for the gap before the harvest and the refining season," Tiu Laurel said in an interview with reporters late Wednesday.
The importation program has been on the table for six months already with industry stakeholders, including planters, being consulted about the matter, the agriculture chief said.
Diese Geschichte stammt aus der June 28, 2024-Ausgabe von The Philippine Star.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent ? Anmelden
Diese Geschichte stammt aus der June 28, 2024-Ausgabe von The Philippine Star.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
NAKAKALOCAL: REDEFINING GENERATIONS
On Friday, June 21, 2024, the third and, so far, the largest, NakakaLocal event kicked off at the East Wing Atrium of Greenhills Mall.
Chie Filomeno happy with low-key’ relationship with Jake Cuenca
Chie Filomeno is \"happy\" with everything that is going with her career, love life, and family.
GSIS, PLDT unit partner for IT disaster resilience
State-run pension fund Government Service Insurance System (GSIS) has renewed its collaboration with the data center subsidiary of telco giant PLDT Inc. for better information technology disaster resilience.
Pru Life UK launches latest insurance product
Pru Life UK has introduced PRULifetime Income - its latest traditional insurance product that provides a guaranteed five percent annual payout for life and 200 percent lifetime protection for the family.
Navigating the shift in the banking industry to promote sustainability
ING Philippines, like many financial institutions in the country, has been facing substantial hurdles as it strives to promote sustainability amid the global transition to a lowcarbon economy.
Wholesale price growth slows in May PSA
Bulk prices of goods in the country in May posted its lowest growth in nearly three years with most commodity groups posting slower increases, the Philippine Statistics Authority (PSA) said.
Analysts still divided on August rate cut
Economists are still divided on whether the Bangko Sentral ng Pilipinas (BSP) has room to start its widely anticipated policy easing cycle in August, as some argue that the Philippines is still not out of the woods.
Aspirant Nelle trains with Alapag
Collegiate standout Evan Nelle is preparing the way for his dream stint in the PBA by training under league legend Jimmy Alapag in Sacramento.
Phl girls one win away from FIBA Asia elite group
Gilas Pilipinas women moved on the verge of promotion to Division A of the FIBA U18 Women's Asian Championship following a 71-47 rout of Samoa in the semifinals of Division B play at the Futian Sports Park in Shenzhen, China yesterday.
Naruhito reconnects with River Thames in state visit
Before Emperor Naruhito of Japan hopped into a horse-drawn carriage with King Charles III, laid a wreath at Westminster Abbey or toured one of Britain's premier biomedical research institutes, he kicked off his trip to the United Kingdom by visiting a site that has special meaning for him: the Thames Barrier.
