Mars Cocoa want to see the Philippines, starting in Davao, develop cacao farm areas with a target total of 50 million cacao trees ten years from now, enough to produce 100,000 tons of cacao beans, according to Lambert. FOREIGN COCOA BUYERS and traders have expressed optimism that this southern Philippine port city of Davao… [Read more…]
May 3, 2011
“Our banana farmers are still drowning in unpaid debts due to low buying prices by exporters. This crisis has opened our eyes and made us realize that putting our eggs in one basket can be too risky especially for our small farmers. That’s why many of them are eager to plant cacao now,” Dalayon… [Read more…]
May 3, 2011
“Even if thePhilippinescan achieve its goal of producing its target of 100,000 tons in 2020, that figure still cannot meet both domestic and huge global demand for cocoa,” Loh said. A MALAYSIAN trader who had been buying cacao beans from Asian producing countries for many years expressed optimism that this southern Philippine city… [Read more…]
May 3, 2011
“To reach our goal of 58 million trees, all we need is a seven million replanting rate for cacao trees per year, assuming a farmer has one hectare of farmland planted to 500 cacao trees,” IT WILL TAKE 130,000 Filipino farmers planting seven million cacao trees every year to achieve thePhilippines’ goal of … [Read more…]
February 5, 2011
According to Charlesworth, he gets only around 3% to 5% profit gain on his online day trading with Fidelity Investments as his broker, in the US and does not believe that any Filipino trader or investor can earn 40%, 60% or even 100% on any stock in the Philippines. DAVAO CITY, PHILIPPINES —- A Filipino… [Read more…]
December 5, 2010
“If you don’t know what to do, if you don’t know how the stock market behaves, you can lose a lot of money. Most investors are complete idiots. But if you know your way around the market, you can make a lot of money in a very short time,” Ahmed said. DAVAO, PHILIPPINES —-Lack… [Read more…]
December 5, 2010
“We can’t let these problems continue. These are the problems that resulted in the banana price war here last year when many banana growers turn their backs on their contracts and sought other buyers who paid higher prices for their fruit,” says Ireneo Dalayon, chief executive officer of the Federation of Cooperatives in Mindanao (FEDCO)… [Read more…]
December 5, 2010
The Philippines is trailing far behind Asia-Pacific countries like China, Japan and Korea in the internationally-accepted global standards of the Good Agriculture Practices or GAP which is a strict requirement of more advanced countries in allowing the imports of fresh produce like fruits and vegetables into their countries.
December 5, 2010
“There’s no such ban--- our bigger problem there is that our exporters cannot find a bank that will accept a Letter of Credit opened by an Iranian buyer to buy our Philippine bananas. Most export transactions are done on a cash basis,” Alcala told the global summit delegates.
September 3, 2010
We’re saying this because I’ve tried operating part-time for several years as an “export agent” ,”manufacturer’s representative” and “export broker” but had very little success in earning the “right” commissions for my efforts. Commentary by Jamil Ahmed DAVAO CITY, PHILIPPINES —-People who specializes only in searching foreign buyers for local products and… [Read more…]
May 3, 2011
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