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2022–2023 Philippine sugar crisis. There has been a noted shortage of supply of sugar in the domestic market of the Philippines after a poor harvest of for the 2021–22 crop year. This led to the price increase of the commodity and there has been suspicions of traders taking advantage of the situation through hoarding and/or smuggling.
On July 31, 2022, the Philippines produced 1,792,102 metric tons of raw sugar and 737,254 metric tons of refined sugar, marking decreases of 16.18% and 2.84%, respectively, compared to the previous year. The projected raw sugar production for the crop year 2021-2022 was 1.80 million metric tons, a 16% drop from the previous year’s 2,143,018 ...
Roberto Benedicto. Roberto Salas Benedicto (April 17, 1917 [1] – May 15, 2000) was a Filipino lawyer, ambassador, diplomat, and banker historically most remembered [2] as a crony of President Ferdinand Marcos. [3] Benedicto owned Philippine Exchange Company, the Philippines Daily Express, Radio Philippines Network (RPN), Banahaw Broadcasting ...
2022–2023 Philippine sugar crisis – involving president Bongbong Marcos, former executive secretary Vic Rodriguez and several other officials from the Sugar Regulatory Administration and the Department of Agriculture for the release of Sugar Order No. 4, which directed the importation of 300,000 MT of sugar to the Philippines in August 2022 ...
Negros famine. The Negros famine took place on Negros island in the Philippines in the mid-1980s, during the waning days of the Marcos dictatorship. [1][2] It was a key moment in the history of sugar production in the Philippines, as well as the broader political history of the Philippines. Caused by the Marcos administration's efforts to ...
The Coco Levy Fund Scam was a controversy in the 1970s and 1980s in the Philippines involving former President Ferdinand Marcos and his cronies.It was alleged that Marcos, Danding Cojuangco, Juan Ponce Enrile, and others conspired to tax coconut farmers, promising them the development of the coconut industry and a share of the investments, but on the contrary used the collection fund for ...
Pepsi Number Fever. The logo for the sales promotion. Market share of Pepsi in the Philippines initially increased from 19.4% to 24.9%. Mistake in ₱1 million grand prize winning bottle cap distribution led to riots and deaths. The Pepsi Number Fever, [1] also known as the 349 incident, [2] was a promotion held by PepsiCo in the Philippines in ...
Fertilizer Fund scam. The Fertilizer Fund scam is a Philippine political controversy involving accusations that Agriculture Undersecretary Jocelyn Bolante diverted ₱ 728 million in fertilizer funds to the 2004 election campaign of President Gloria Macapagal Arroyo.