{"id":323847,"date":"2023-06-27T00:27:50","date_gmt":"2023-06-26T16:27:50","guid":{"rendered":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/?p=323847"},"modified":"2023-06-27T00:27:51","modified_gmt":"2023-06-26T16:27:51","slug":"monde-junk-food-tax","status":"publish","type":"post","link":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/monde-junk-food-tax\/","title":{"rendered":"MONDE could be spared from the salt tax"},"content":{"rendered":"\n<h2 class=\"wp-block-heading\">Analysis and Recommendation<\/h2>\n\n\n\n<p>The final list of food that will be part of the proposed junk food and sugar-sweetened beverage tax will come from the Department of Health (DOH) and will be released during the 2nd half of the year. Notwithstanding, DOF Secretary Diokno mentioned that instant noodles which has about 3 grams of sodium per 100 grams is below the WHO threshold of 5 grams of sodium\/100 grams of serving.<\/p>\n\n\n\n<p>Our View: MONDE can breathe a sigh of relief. As of the 1st quarter (1Q) 2023, MONDE accounted for 66% of the instant noodle segment in the Philippines and will surely bear the brunt of the salty food tax, together with the Filipino consumers, should be included in the proposed tax measure. <\/p>\n\n\n\n<p>We think the issue will remain to be an overhang but this news bit may allow for an oversold rebound in MONDE towards the P8.26 area.<\/p>\n\n\n\n<div style=\"height:26px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<p style=\"font-size:16px\"><em><em>This report is prepared by PinoyInvestor\u2019s partner broker below. Find out more about <a href=\"https:\/\/www.pinoyinvestor.com\/smartinvestor\/our-partner-brokers\/\">our partner brokers<\/a> and sign up to avail their complete trading brokerage services.<\/em><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Here\u2019s a commentary on an important issue or event affecting the stock market<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[],"class_list":["post-323847","post","type-post","status-publish","format-standard","hentry","category-special-reports","generate-columns","tablet-grid-50","mobile-grid-100","grid-parent","grid-33"],"_links":{"self":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323847","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/comments?post=323847"}],"version-history":[{"count":1,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323847\/revisions"}],"predecessor-version":[{"id":323849,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/posts\/323847\/revisions\/323849"}],"wp:attachment":[{"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/media?parent=323847"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/categories?post=323847"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pinoyinvestor.com\/smartinvestor\/wp-json\/wp\/v2\/tags?post=323847"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}