Coconut sugar pricing, infra targeted for reform - BusinessWorld Online

Coconut sugar pricing, infra targeted for reform - BusinessWorld Online

INFRASTRUCTURE and pricing reforms are needed to increase coconut sugar output and raise farmer incomes in Misamis Oriental, according to the Philippine Institute for Development Studies (PIDS). In a policy note, the government think tank said the current “recovery-rate” scheme, under which farmers are paid based on the volume of sap delivered, limits earnings and discourages participation in higher-value activities such as processing and packag…