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Update news sugar
Imports undercut sugar mills; CEO confidence in growth down; Tourism sector works out development plan to 2020; State firms increase investment for development; Banks look to cash in on higher credit growth; Seafood processor kicks off M&A season
More firms seek to get delisted; Electronics short circuits; Gov’t to adopt specific resolution to unfreeze real estate market; Wind power projects must be 300 metres from residential areas; Sugar industry mired in troubles, awaiting help
Sugar companies have begged for the government’s urgent interventions in terms of tax rates, sugar import quotas, trade fraud control and cross-border exports to protect domestic enterprises which are at the death point.