SRA Backs Higher Tax on Drinks with Artificial Sweeteners
The Sugar Regulatory Administration (SRA) in the Philippines has advocated for restructuring excise taxes on sweetened beverages, proposing lower rates for drinks made with natural cane sugar. This move aims to protect the domestic sugar industry and promote consumer health.
Read up to 3 eligible full articles per Japan day (JST) for free
Create a free account to open up to 3 eligible full articles per Japan calendar day (JST). Headlines and summaries remain available across ASEAN 7.
Related articles
- Diesel Prices Climb for Second Week, Gasoline Rolls Back
Fuel prices in the Philippines are diverging, with gasoline prices dropping while diesel continues to climb for the second consecutive week, driven by oil price volatility stemming from geopolitical conflicts.
- Philippine Stocks, Peso Decline Amid Economic Worries
Philippine stocks and the peso continued their decline on Monday, pressured by a worsening economic outlook and the possibility of further interest rate hikes by the central bank. The PSEi fell 1.53%, while the peso further depreciated against the US dollar.
- Philippine Peso Dives Past P64:$ Level to New Record Low
The Philippine peso hit a new record low, breaching the P64:$1 level during intraday trading on Tuesday. This decline is attributed to surging global crude oil prices and hawkish signals from the US Federal Reserve, which are increasing demand for the US dollar.
- Taiwan Sees Growth Potential in PH Food Sector, Pork Exports Face Constraints
Taiwanese industry groups identify significant growth potential in the Philippines' food and restaurant sectors. However, they anticipate that high prices and supply constraints will limit Taiwanese pork exports in the coming years.