INQUIRER.net stock images MANILA, Philippines — The Department of Trade and Industry (DTI) on Monday said it has partnered with a Dutch organization specializing in coconut-based enterprises to help local enterprises in developing coconut fiber products as part of its bid to help them develop more high-value products from the tropical tree. Citing as part of the Coconut Farmers Industry Development Plan (CFIDP), the DTI said that the partnership with PUM Netherlands have benefited around 25 DTI CFIDP-assisted coconut-based enterprises and coconut farmers in the Davao Region. Prices will be reflected in the October bills of end users. Article continues after this advertisementThe DTI said that Cees de Kreij, an expert from the Dutch non-government organization and a consultant with over 20 years of experience in the Dutch coconut sector, gave one-on-one sessions to coconut farmers and cooperatives engaged in coconut husk processing on January 22. FEATURED STORIES BUSINESS BIZ BUZZ: Robina celebrates ‘twin’ BUSINESS PH seen stuck in middle income trap until 2050 BUSINESS Gov’t T-bill purchase exceeds targetREAD: US FDA removes coconut from allergen listing DTI 11 Regional Director Romeo Castañaga expressed gratitude for the support in assisting Davao Region’s coconut farmers and coconut-based enterprises. Article continues after this advertisementHe highlighted the significance of the development of new products such as substrate and growing media out of coconut husk, commodities which have significant market demand in Europe. Article continues after this advertisement“We have noted several challenges when venturing into producing and promoting coconut products for horticulture purposes. These range from market access and expansion to technology and innovation, and laboratory facilities,” Castañaga said in a statement. Article continues after this advertisementAccording to records from the DTI, the Davao Region ranks fourth in terms of areas planted with coconut and the volume of production in the Philippines. The region also ranks first as a coconut producer, contributing 13 percent to the country’s total output. Article continues after this advertisementThis year, the DTI said it will conduct coconut husk mapping in the region to assess the supply capacity. The government agency hopes this effort will also include an industry study to identify potential markets for these products derived from coconut husks. As of December last year, the DTI said that its region 11 office has already assisted at least 800 coconut farmers in the Davao Region through the CFIDP. virgo123 slotSubscribe to our daily newsletter It added that it will focus its support on services related to research, marketingubet63, and market promotion. READ NEXT Saudi Arabia opens Mecca, Medina to foreign investors DeepSeek: Chinese AI firm sending shock waves through US tech EDITORS' PICK GMA, ABS-CBN join forces for ‘Pinoy Big Brother: Celebrity Edition Collab’ Australian Open 2025: Jewelry and watch pieces that stole the spotlight Increased police presence set at Marilaque Highway after viral crash Kanlaon emits more sulfur dioxide, logs 22 volcanic quakes PDEA: Technology needed to curb illegal drug imports Trump ‘not 100% sure’ he’s barred from third term MOST READ Selena Gomez breaks down over Trump’s mass deportation orders, raids Tulfo airs side on son’s busway use: An honest mistake, apology given 1998 textbook scam suspect Maslog convicted of graft Cyrille Payumo sorry after 'divided opinions' for wearing Catriona Gray's gown Follow @FMangosingINQ on Twitter --> View comments |
