Marcos approves sugar importation to ease prices


MANILA (Philippine Daily Inquirer/Asia News Network): President Ferdinand Marcos Jr (pic), who is also the country’s agriculture secretary, is hastening the entry of imported refined sugar to stabilise its selling prices, a move widely opposed by sugar producers as the Philippines still has sufficient local supply.

The Department of Agriculture (DA) issued an order directing the agency’s Minimum Access Volume (MAV) Secretariat officer in charge and Executive Director Jocelyn Salvador to “immediately convene” the MAV Advisory Council.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Philippines , sugar , import , Marcos

Others Also Read