The government and the Pilipino Banana Growers and Exporters Association (PBGEA) will spend P4.5 million for a marketing campaign that aims to promote Philippine bananas in Japan. The Department of Agriculture (DA) will shell out P3 million, while PBGEA will spend P1.5 million for the marketing and public relations (PR)…
The Philippines's exports of its prized bananas last year plunged by 31 percent to a five-year low of $1.123 billion as the industry was plagued with a logistical problems and stiffer competition, resulting in lower volume of shipments. The double-digit decline of banana exports last year marked the second consecutive…
Export receipts from banana shipments in January to October 2021 declined by 35 percent to $926.937 million from the $1.435 billion recorded in the same period in 2020, according to the latest government data. In terms of volume, Philippine Statistics Authority (PSA) data showed that banana shipments during the 10-month…