Philippine Sugar Industry Faces Billions in Losses Due to Overimportation

A Philippine lawmaker warned that the country's sugar industry has already lost P7.28 billion due to overimportation and could face losses up to P20 billion by June 2026 if the issue is not addressed.

20 Mar, 15:08 — 20 Mar, 15:08

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Solon: Sugar sector lost P7B, more seen if overimportations go unchecked

MANILA, Philippines — The country’s sugar industry has already lost P7.28 billion due to overimportation — and may even lose up to P20 billion by June 2026 if the situation is not addressed, Negros Occidental Rep. Javi Benitez warned. Benitez in his privilege speech on Wednesday said that Negros sugar industry players recommended the the Sugar

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Philippine Sugar Industry Faces Billions in Losses Due to Overimportation

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Solon: Sugar sector lost P7B, more seen if overimportations go unchecked

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