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Tag: sugar
BIR to impose 1pct withholding tax on raw sugar
2015-01-05 07:45:17| Sugar Industry News
MANILA - The Bureau of Internal Revenue (BIR) will impose a one percent creditable withholding tax on income payments on locally produced raw sugar.
Sugar buyers' slam NAFTA sugar pact, shift focus to Australia, Canada
2015-01-05 07:45:17| Sugar Industry News
Dec 22 (Reuters) - A U.S. sugar buyers' group has slammed a U.S.-Mexican government pact announced late on Friday, saying the deal has increased the importance of broadening access to the domestic market through other trade agreements and the need for greater reform of a government sugar support program.
Tags: canada
australia
focus
shift
Pelican Builders offers on-point designs in new Sugar Land development
2014-12-27 15:31:51| Grocery - Topix.net
This new project by Pelican Builders offers five floor plans ranging from 2,313 to 3,200 square feet with a limited lake-front lots available, and all homes are elevator capable. The Model Home Village is open at Lake Pointe Commons, a gated community of 46 single-family homes in the Lake Pointe mixed-use development of Sugar Land.
Tags: development
offers
land
designs
Sugar mills scam: Medha Patkar for SIT probe
2014-12-23 08:58:48| Sugar Industry News
Demanding a Special Investigation Team (SIT) to probe into the alleged multi-thousand crore scam in the sale of co-operative sugar mills in Maharashtra to private companies, social activist Medha Patkar has charged that political bigwigs were involved in it.
Sugar muddle
2014-12-23 08:58:24| Sugar Industry News
The Pakistan Sugar Mills Association is trying to convince the government to reduce the support price of sugarcane, increase the price of sugar, ban its import and allow the export of locally-produced sugar at low rates, besides calling for some additional incentives for manufacturers. This amounts to fleecing the growers and hoodwinking the government. The PSMA demand for reducing the support price of sugarcane is based on the claim that sugar mills are not earning any profit. It also claims that the sugar industry can convert only 8.5 percent of sugarcane into sugar. But the industry standard is 13.5 percent. This means that sugar mills are declaring 37 percent less production. This way the industry is stealing money from the growers.
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