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Bacolod City, Philippines Tuesday, August 13, 2019
Sugar men to reclaim P2B SIDA fund
BY MARCHEL P. ESPINA

Leaders of the sugar industry are expected to come up with strategies to reclaim the P2 billion Sugar Industry Development Act fund, Frank Carbon, Metro Bacolod Chamber of Commerce and Industry chief executive officer, said yesterday.

Industry leaders gathered this week for the 66th Annual National Convention of the Philippine Sugar Technologists Association at Waterfront Hotel in Cebu City, that kicked off yesterday and will run until August 16.

Carbon said part of the agenda of the convention is to tackle the underutilization of SIDA fund.

DOF, DA to help farmers affected
by Rice Tariffication Law: official

MANILA - Finance Secretary Carlos Dominguez III and Agriculture Secretary William Dar have mutually agreed over the weekend to implement the assistance program to help rice farmers adjust to low prices of palay or paddy rice, following the passage of Republic Act 11203, or the Rice Tariffication Law.

Under the program, an unconditional cash assistance will be allocated and distributed to affected farmers by expanding the ongoing Survival and Recovery program of the Agricultural Credit Policy Council, an attached agency of the DA.

The expansion of SURE to assist rice farmers will also build on the good experience under the Pantawid Pamilyang Pilipino Program of the Department of Social Welfare and Development.

 


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