2023-07-14 21:32
Opposition to DOF-backed sugar tax hike mounts
MANILA  -A trade association of local food caterers is opposing the government's plan to increase taxes on sweetened beverages, adding another private sector group to the ranks of local organizations pushing back against a measure that is seen worsening food inflation in the country. The Food Caterers Association of the Philippines (FCAP), an umbrella organization of small, medium and large catering companies in the country, on Friday told the Inquirer that this tax increase will cause price hikes in the beverage products that they offer, costs that will then be passed on to consumers.

https://business.inquirer.net/410321/opposition-to-dof-backed-sugar-tax-hike-mounts

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