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The tax could help combat the country’s rapidly increasing obesity rate. The Ministry of Finance on Tuesday proposed levying a special consumption tax on a range of sweetened beverages. If approved, the proposal would see the tax imposed on carbonated and…
The low production of sugar which cannot meet the large demand of sugar consumption in Indonesia caused by inefficient processes initiates the INAGRITECH 2017 to present its premier sub-event named SugarMach Indonesia 2017. SugarMach Indonesia 2017 is the…
Sugar plants have reported their highest ever inventory level, nearing 750,000 tons, accounting for 50 percent of their processing output. Explaining reasons for the high inventory yesterday, chairman of Vietnam Sugar and Sugarcane Association (VSSA) Pham…
Once established, the new company, will be the biggest sugar firm on Vietnam’s stock market. Thanh Thanh Cong Tay Ninh Joint Stock Company, a subsidiary of Thanh Thanh Cong Group, and Bien Hoa Sugar Joint Stock Company are planning to merge. Thanh Thanh Cong…
Sugar output in 2015-2016 drops to 1.2 million tons as a drought damaged sugarcane areas last year. The Vietnamese government has set a target to fully divest from sugar mills by the end of this year, which is aimed at raising the competitiveness of the sugar…
The government has decided to allow imports of 1.5 million tons of raw sugar to meet domestic demand in the first half of the year. Trade Minister Enggartiasto Lukita said 11 companies had been appointed to import the commodity, adding that it was not yet…
Sugar output in the 2015-16 crop was 1.23 million tonnes, a year-on-year drop of 12.7 percent, said Phạm Quốc Doanh, Chairman of the Việt Nam Sugarcane and Sugar Association, at a seminar in HCM City last week of sugar producers, distributors and consumers.…
The Association of Indonesian Sugarcane Farmers (APTRI) said that the countrys production of sugarcane might decline on unfavorable climate. The year 2016 would be a difficult period for sugarcane growers in the country, the General Chairman of APTRI Arum…
