“Undeniably, the banana industry contributes significantly to our national economy and serves as an important source of income for a big population of Filipino farmers,” Lee said. READ:
A party-list lawmaker has filed a bill seeking revitalize and strengthen the country’s banana industry.
Lee cited the need to pursue research and development of the banana business for its sustainability. This, he said, in light of the fact that fresh bananas are widely in demand worldwide, and being the fourth most important agricultural commodity in developing countries. “Our banana industry is a low-hanging fruit that needs to be picked up and provided with enough support from the government… Continuing research and development on this fruit and export product must be pursued for its sustainability and competitiveness,” he added.Citing the Food and Agriculture Organization of the United Nations, Lee said 90 percent of Asian banana exports originates in the Philippines, which ranks as the second leading global banana exporter worldwide.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bill allots ₧5 billion for Pag-asa Island’s development - BusinessMirrorA SENIOR lawmaker is pushing for the passage of a bill declaring and developing the 37.2-hectare Pag-asa Island—the largest Philippine-occupied landmass at the northeastern section of the disputed Spratly archipelago—as a recreational and fishing tourism destination. In House Bill 6228 filed last Monday, Surigao del Sur Rep. Johnny Pimentel said Pag-asa, which China calls Zhongye Island
Read more »
Bill mandates ecotourism development for Malamawi Island in Basilan - BusinessMirrorTo foster economic development in Basilan province, a lawmaker from Mindanao has filed a so-called livelihood bill, declaring Malamawi Island in the City of Isabela, Province of Basilan, an ecotourism zone. Basilan Rep. Mujiv Hataman filed House Bill 6293 that seeks to declare the island in the volatile south an ecotourism zone and mandates the
Read more »
Sandigan affirms conviction of ex-Cotabato Rep. Ipong, TRLRC official on P4.9-M PDAFThe Sandiganbayan has affirmed its decision that convicted former North Cotabato 2nd District Rep. Gregorio T. Ipong and an official of the now-defunct TLRC of graft and malversation for misuse of the former legislator’s P4.9 million PDA in 2007.
Read more »
House OKs bill granting Justin Brownlee PH citizenship on 2nd readingTHE House of Representatives approved on second reading a bill that seeks to grant Philippine citizenship to basketball player Justin Brownlee.The measure, House Bill 6224, hurdled...
Read more »
House bill imposing heavy penalties on game fixers OK’d on 2nd readingThe House of Representatives on Wednesday approved on second reading a bill providing at least three years&39; prison time or a P1-million fine for individuals convicted of game-fixing.
Read more »
Rep reopens with postmodern take on Carousel - BusinessWorld OnlineTWO years after Repertory Philippines’ production of Carousel was postponed due to the coronavirus pandemic, the cast will finally be able to perform a stripped-down postmodern version of the musical in a new venue — the Tanghalang Ignacio Gimenez within the Cultural Center of the Philippines (CCP) complex — on Nov. 26.
Read more »