Sugar is the Philippines’ third-most-valuable cash crop export behind bananas and pineapples, and it retains a unique position in the country due to its value both as an export commodity and a crucial input for the domestic biofuels programme. This double-edged demand has led to a substantially undersupplied domestic market, as biofuel...
One of the greatest benefits derived from the Philippines’ widely dispersed archipelagic landmass of more than 7000 islands spread across 2.2m sq km of the Pacific Ocean is the abundance of sea life teeming beneath the surface of territorial waters. Given the seafaring nature, heavy reliance on seafood as a local dietary staple and maritime...
Still the country’s largest single employer, the Philippines’ agriculture sector continues to play a pivotal role in the economy, even as the government looks to develop other modern industries to lead the way in the future. Directly employing more than one-quarter of all workers in non-services industries, more than 11m Filipinos relied on...
Easily the most profitable segment of the Philippines’ agriculture industry, fruit and vegetable farms continue to drive agricultural exports as well as supply produce for the domestic market. In 2013 the segment led all agricultural export commodities with 4.42bn kg of fruit and vegetables shipped worth a combined total of $1.97bn, according...
Belied by its relatively modest contribution to the overall economy, the Philippine agricultural sector remains a key component in the social and economic development of the country –more than 24.53m Filipinos work in the sector, making it both economically and politically vital. The industry also plays a key strategic role, with the government...
When Typhoon Pablo hit the Philippines’ southernmost island of Mindanao in December 2012, it was a stark reminder of the havoc that unforeseen weather phenomena can cause to agriculture. According to National Disaster Risk Reduction and Management Council reports, the typhoon caused an estimated P26.53bn ($639m) worth of damage in the sector, along...
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