Marcos greenlights importation of up to 150K MT of sugar

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Marcos greenlights importation of up to 150K MT of sugar
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President Ferdinand Marcos Jr. approved the additional importation of sugar to 'stabilize' prices.

— President Ferdinand Marcos Jr. approved the additional importation of sugar to “stabilize” prices.

“The exact amount will be determined once we have determined the exact amount of supply, which will come at the end of this month,” Marcos added. Based on the Department of Agriculture’s latest price monitoring, a kilogram of refined sugar in Metro Manila markets costs between ₱86 to ₱110.

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