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Benitez on sugar industry stakeholders: Go to court

2013-10-01 07:40:49| Sugar Industry News

REPRESENTATIVE Alfredo Benitez (3rd district, Negros Occidental) advised the stakeholders in the sugar industry to go to court on their opposition on a Bureau of Internal Revenue (BIR) regulation imposing the 12 percent Value Added Tax (VAT) on raw sugar.

Tags: to industry court sugar

 

Sugar Industry Highlights Conflicts Over Trade Pacts and Land

2013-10-01 07:40:49| Sugar Industry News

OMLIANG COMMUNE, Cambodia Yim Lon nurses bitter memories of how three years ago the local authorities forced her and her family to dismantle their small home and move it to make way for a sugar plantation.

Tags: land industry trade highlights

 
 

Philippines - Tax authority redefines raw sugar

2013-10-01 07:40:49| Sugar Industry News

The Bureau of International Revenue (BIR) has amended the definition of "raw sugar", leaving "muscovado" as the only sugar exempt from tax, local press reports said.

Tags: tax authority raw philippines

 

Second sour contract blow for Bundaberg Sugar

2013-10-01 07:40:49| Sugar Industry News

BUNDABERG Sugar has suffered its second contract blow this year with soft drink giant Coca-Cola the latest to cut back on its volume of sugar purchased, resulting in a reduction of the Bundaberg Refinery's operations.

Tags: contract sugar blow sour

 

American Crystal Sugar to default on $71.2 million government loan

2013-10-01 07:40:49| Sugar Industry News

FARGO American Crystal Sugar will default on a government loan of $71.2 million under a program that provides relief when a glut of sugar depresses prices.

Tags: american government million default

 

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