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.
Economy
Philippine sugar 'crisis' tests Marcos' pro-farms push
Coca-Cola cuts production, bakers hike prices amid shortage
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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
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