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Economy

Philippine sugar 'crisis' tests Marcos' pro-farms push

Coca-Cola cuts production, bakers hike prices amid shortage

Philippine President Ferdinand Marcos Jr. has been critical of sugar imports that hurt local farmers, but recently conceded that shortages are pushing him to ship in more sugar from overseas.   © EPA/Jiji

MANILA -- A Philippine sugar shortage has forced a soda maker to cut production and bakeries to hike prices, giving President Ferdinand Marcos Jr. his first major test as he endeavors to revitalize the agriculture sector.

Marcos, who is concurrently the agriculture secretary, has been critical of imports that hurt local farmers. He recently conceded, however, that shortages are pushing him to ship in more sugar from overseas.

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