In support of the Duterte administration’s call for businesses to help address the rising inflation, the sugar industry, with the support of the Universal Robina Corp. (URC) through its Sugar division, is making available sugar at reduced prices.
URC’s sugar products are available under the Robinsons Supermarket’s house brand Supersavers in all of the supermarket chain’s 160 branches nationwide.
Sugar industry officials recently visited the supermarket’s Robinsons Galleria branch.
Philippine Sugar Millers Association Inc. (PSMA) Executive Director Francisco Varua; PSMA Deputy Director for Legal Affairs Cocoy Barrera; Sugar Regulatory Administration (SRA) Administrator Hermenegildo Serafica; Rene Cabati, URC Sugar and Renewables Business Unit general manager; Rolex Beltran, SRA deputy administrator, joined the visit. Anthony Laping, Robinsons Supermarket Galleria store manager, met the sugar industry officials.
The Economic Development Cluster (EDC) had earlier recommended a number of measures, including the removal of adminstrative constraints and nontariff barriers to importing sugar to boost local supply.
The EDC made several nonmonetary measures targeting food items after the August inflation rate surged to a nine-year high of 6.4 percent.