Daily Star logoStar Business
Front Page
Negros Oriental
Star Business
Opinion
Sports
Police Beat
Star Life
People & Events
Bacolod City, PhilippinesTuesday, January 15, 2008
Google
 
Web www.visayandailystar.com
SRA predicts drop in
sugar production

The Sugar Regulatory Administration yesterday predicted an 18.66 percent dip in the country's sugar production in the current crop year, the equivalent of 158,841 metric tons of sugar, the SRA said.

Negros production is expected to drop by as much as 53.08 percent, with Mindanao coming in next with 25.99 percent. Luzon is in third place, or a decrease of 25.67 percent.

In terms of metric tons, Mindanao 's production dip reaches 31,950. Luzon will slide down 18,632 MTs. But Negros is highest with a drop of 89,931 metric tons.

P1 lien pushed to fund
efforts vs smuggling

The Farmers of Binalbagan Sugar Association has recommended that a P1 lien per Lkg. on sugar be adopted by the Sugar Regulatory Administration to raise funds for the anti-smuggling task force of the industry.

The aim is to put a stop to further entry into the country of foreign sugar and to stop the decline in the price of sugar. In short, to protect the sugar industry from losing out to smugglers, SRA Administrator Rafael Coscolluela told members of the Confederation of Sugar Producers Associations during their monthly meeting yesterday.

Though it caught everybody by surprise, Coscolluela said that Luis “Pitloy” Mirasol, been noted for his allegedly consistent negative stance, was the one who had convinced his association to go for the P1 lien, instead of just a voluntary contribution.

Leonardia seeks CLO review
of MOA on abattoir construction

Bacolod Mayor Evelio Leonardia yesterday said he will forward the memorandum of agreement entered into by the city with AVM Bernardo for the construction and rehabilitation of the slaughterhouse in Brgy. Handumanan, Bacolod City to the City Legal Office for review, comment and recommendation.

He said he will visit the area today with the media to see and assess the actual situation there.

Based on the MOA signed by the city and AVM Bernardo in February 2007, the contractor will complete the construction, rehabilitation and installation of equipment in the facility within 10 months, but not to exceed 12 months from receipt of the notice to proceed.

Business
SRA predicts drop in sugar production
P1 lien pushed to fund efforts vs smuggling
Leonardia seeks CLO review of MOA on abattoir construction
 
Front Page | Opinion | Negros Oriental | Business | Sports
Star Life | People & Events| Archives | Advertise
 
 Email: dailystar@lasaltech.com