Return to News Categories

ALL NEWS SECTIONS:
MOST POPULAR SECTIONS:
Commentary and Educational Cattle - Hogs / Livestock News Currencies News Energy News Grain News Index News Interest Futures News Metals Futures News Reports: Crops, CFTC, etc Soft Commodities News

Futures and Commodity Market News

Philippines : Philippine taxes on sugary drinks could avert thousands of deaths, WHO study says

Dec 06, 2018 (Euclid Infotech Ltd via COMTEX) --

The Philippines could avert 24,000 premature deaths linked to diseases such as diabetes, stroke and heart failure in the next two decades after it adopted taxes on sugar-sweetened beverages, the World Health Organization (WHO) said on Wednesday.

The taxes levied this year could cut consumption and avoid nearly 6,000 deaths related to diabetes, 8,000 from stroke and more than 10,000 from heart diseases over 20 years, a WHO research study showed.

"The new sugar-sweetened beverage tax may help reduce obesity-related premature deaths and improve financial well-being in the Philippines," the researchers said.

The taxes, part of a series of reforms aimed at helping to fund infrastructure, could yield healthcare savings of about US$627 million and annual revenue of US$813 million, they added.

Please read the End User Agreement.
By accessing this page, you agree to the terms and conditions of the End User Agreement.

News provided by COMTEX.

Lt Crude 52.13
Nat Gas 9.478
Corn 385 4/8
Cotton #2 80.23
Gold 1254.0
Copper 2.7485
Euro 1.13895
USD Index 96.476
SP500 E-mini 2636.75
DJIA E-mini 24432
close_icon
open_icon