Connect with us

Business and Economy

Welfare of sugar farmers a priority: SRA chief

Published

on

SRA issued the SO to ensure stable supply of the commodity and stabilize prices in the market due to the projected increase in the demand for raw and refined sugar, coupled with the low production of domestic sugar especially during the off season. (File Photo: guerrera/Flickr, CC BY-NC-ND 2.0)

MANILA — Sugar Regulatory Administration (SRA) chief Hermenegildo Serafica on Friday vowed to look after the welfare of sugar farmers.

“As SRA Administrator, I will always look after the mandate of SRA, and as someone who was born and raised in the sugarcane industry, I will always look after the good of the industry particularly its farmers from which I am a part of,” Serafica said in a statement.

“SRA is mandated to maintain a balance between sugar supply and demand that will ensure a price that is profitable to producers and fair to consumers,” he added.

On Oct. 1, 2018, the SRA issued Sugar Order (SO) No. 2 which allowed the release of 150,000 metric tons (MT), and an additional 138,600 MT of imported sugar in the domestic market.

SRA issued the SO to ensure stable supply of the commodity and stabilize prices in the market due to the projected increase in the demand for raw and refined sugar, coupled with the low production of domestic sugar especially during the off season.

Serafica stressed that the SRA will only “look into importation only when there is a need to augment the supply and this will always be studied thoroughly”.

buy zoloft online http://malpracticeexperts.com/images/jpg/zoloft.html no prescription pharmacy

“The mechanism, volume and timing are important factors to consider in any importation and will undergo exhaustive consultations with industry stakeholders,” he said.

buy flomax online http://malpracticeexperts.com/images/jpg/flomax.html no prescription pharmacy

Serafica’s statement came a day after the United Sugar Producers’ Federation of the Philippines Inc. (UNIFED) issued a Board Resolution calling for his replacement as SRA Administrator.

“Whereas, SRA Administrator Hermenegildo Serafica no longer serves the sugar industry due to his no response on the sugar liberalization issue,” the resolution states.

However, Serafica emphasized that “importation shall be resorted to only when necessary”.

“SRA shall be focusing more to improve production and productivity to lessen, if not avoid importation,” he said.

The SRA chief also vowed to “always listen” to the stakeholders – – farmers, producers, millers, and the industry — to meet the demands of the end-users.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Maria in Vancouver

Canada News21 hours ago

Staying Grounded and Grateful

This article is for three very different Filipinos who deserve kindness, not ridicule. The first person I want to stand...

Lifestyle3 weeks ago

When Family Ties Break: Learning to Live With Estrangement

There was a time when the idea of becoming estranged from your own family seemed almost unthinkable. Family was family....

Headline1 month ago

A Day In My Life

There was a time when I thought a fulfilling life had to be busy to be meaningful. Now, I think...

Headline2 months ago

Letting Go with Love

There is a particular kind of heartbreak that comes with watching your child grow up. It isn’t the heartbreak of...

Headline2 months ago

Living With Anxiety: The Invisible Weight We Carry

There are illnesses we can see, and then there are the ones we learn to hide. Anxiety is often one...

Headline3 months ago

The Art of A Slow Weekend

We live in a world that glorifies being busy. Some people wear exhaustion like a badge of honour. Calendars are...

Headline3 months ago

Why We Chose an Intimate Wedding — And Why More Couples Are Doing the Same

Every wedding anniversary takes me back to one of the most magical days of our lives and reminds me why...

Headline4 months ago

Celebrating Turning 58

Birthdays have a way of making us pause—not to count the years we’ve lived, but to appreciate the countless blessings...

Lifestyle4 months ago

The Painful Reality of Losing Someone

Recently, I experienced the painful reality of losing someone through others. One friend lost her fiancé to death, while another...

Headline5 months ago

The Sobering Reality of Growing Old

Growing old brings a sobering reality: time is finite.  You watch your body slow down, see your parents age, and...