ABSTRACT
Thailand is ranked as the second-largest net exporter of sugar in the global market. The sugarcane and sugar industry in Thailand plays a major role in its economy in terms of job-creation for Thai citizens and international trade. Therefore, the Thai government has promoted this sector...
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The Philippine sugarcane industry is contributing an annual revenue of about PhP 70 billion (IS$1.3billion). Close to 700,000 Filipinos are directly employed in sugar production and about 5-6 million more are indirectly employed (SRA, 2019). It can be found in many regions covering...
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Traditionally, agriculture is generally regarded as a high-risk industry because of its nature of being highly dependent on the climate and crop yields being easily influenced by adverse weather conditions (e.g., typhoons and rainstorms) and climate-associated damage (e.g., cold...
Thai sugar exports are unlikely to be impacted by the country's nationwide night curfew as the transportation of sugar from mills to ports has been classified as an essential service, Thai trade sources said Wednesday.
"Workers moving agricultural goods like rice or sugar from one place to another are still able to do so, but they will require official documentation from their companies to justify," a source close to a Thai mill said.
The Thai government imposed a nationwide 10 pm-4 am curfew last Friday as part of a ramp-up in restrictions to combat the spread of COVID-19.
Thai ports are continuing to function normally, but some sugar traders were heard to have experienced processing delays in meeting shipping and government documentation requirements amid widespread work from home arrangements.
"There were some teething issues with the documentation processing, but things are getting better. Previously, some of the shipping lines could not process the paperwork efficiently as they are working from home," a Singapore-based trader said.
Read more here.