SRA calls: Invest now
in sugarcane industry
BY CARLA GOMEZ
Sugar Regulatory Administrator Ma. Regina Martin yesterday rallied stakeholders to invest more in the sugarcane industry now to enable it to go further into power co-generation, and produce more ethanol and new products, amid weak sugar prices in the world market.
Martin issued the call in her speech at the 62 nd Philsutech Annual National Convention in Cebu City with the theme, “Investing in the Philippine Sugarcane Industry.”
The SRA administrator said that, in the recent International Sugar Organization Conference in Guatemala the forecast for raw sugar prices in the world market for crop year 2015-16 was cautious and not very optimistic.
Court junks TRO
bid against BIR
The Regional Trial Court of Himamaylan in Negros Occidental, has denied the application for Temporary Restraining Order and/or Writ of Preliminary Injunction filed by six farmers groups against the Bureau of Internal Revenue for “utter paucity of merit”.
The application for TRO involved the implementation of Revenue Regulations No. 11-2014 that requires, among others, the imposition of 1 percent creditable withholding tax on locally produced raw sugar/molasses, a press release from the BIR said yesterday.
|A matter of the heart|
|A working spirituality needed|
Sol Y Sombra
with Rex Remetio
|Why animals don't get heart attacks
(but people do)
WITH MODESTO P. SA-ONOY
|Grace under pressure|
‘Intense rivalry' eyed in 2016
elections in Negros Oriental
BY JUANCHO GALLARDE & JUDY F. PARTLOW
With the 2016 presidential and local elections just around the corner, the Commission on Elections is looking into areas of concern in Negros Oriental due to intense political rivalry in the gubernatorial and congressional seats.
Provincial Elections Officer Eddie Aba said they are closely coordinating with the Philippine National Police in verifying and validating reports of possible areas of concern, particularly in the southern and northern parts of the province.
This developed as kagawad Jorlan Baylon, a witness in an ambush slay in La Libertad, Negros Oriental, was killed by unidentified armed men at around 7 p.m. Sunday while on his way home from a flea market in a nearby barangay.