The American Chamber of Commerce of the Philippines Inc. (AmCham) said the government should consider reducing food waste amid the spike in commodity prices.
The American Chamber of Commerce of the Philippines Inc. said the government should consider reducing food waste amid the spike in commodity prices.
“They say about 40 percent of that 33 percent is actually lost in the postharvest and processing stages. These are low hanging fruits so to speak. The food’s already produced and it’s just a matter of finding a way to maximize its use.” He said this is a “vicious cycle” that could stunt business and “negatively impact” the competitiveness of the export sector. As such, Barcelon said, “the outlook on both job creation and sustainability for the year may encounter headwinds.”
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