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The Department of Agriculture (DA) is pushing for a major expansion of the country’s palm oil industry to reduce heavy import dependence and eventually provide a local feedstock for cleaner fuels. Agriculture Secretary Francisco P. Tiu Laurel Jr. told a House of Representatives budget hearing that the government needs to provide substantially more funding to develop palm oil production, citing the country’s reliance on imports for nearly 90 percent of its requirements.
BACOLOD CITY, Philippines — Sugar stakeholders in Negros Occidental have expressed alarm over the declining millgate prices of sugar and mollasses, saying the industry’s foregone revenues may exceed P20 billion in June if the problem is not addressed properly. The warning, which was contained in a position paper submitted by the Confederation of Sugarcane Producers Association Inc.
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