President Ferdinand "Bongbong" Marcos Jr. on Monday sat down with the country's top food manufacturers to discuss the sugar supply in the country and prices of food.
In a Facebook post by the Office of the President, Marcos discussed with the members of the Philippine Chamber of Food Manufacturers ways to solve the looming supply of sugar.
"The President vows to have systems in place to manage the price increase so that businesses are kept running and job security is ensured," Marcos' office added.
Marcos, who concurrently sits as Department of Agriculture Secretary, earlier rejected an order of the Sugar Regulatory Board to import 300,000 metric tons of sugar, resulting in the resignation of several officials.
Over the weekend, he said the country may need to import in October this year, but not the same volume earlier pitched by the regulatory board.—LDF, GMA News