Sugar and the food processing industryIn November last year, I had occasion to discuss the sugar industry. My two November essays on the sugar industry highlighted studies and recommendations being made to reform and liberalize trade and production regarding the sugar industry. Despite the reduced profile of the industry in foreign trade, the sugar industry as a whole – as a system of activities creating value within the Philippine economy – is still a significant industry. The problems of the sugar industry appear to be along the value-chain of the industry. Do we wonder why many of our local food industry processors cannot grow out of the domestic market?
Source: Philippine Star August 15, 2023 16:39 UTC