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The economic history of the Philippines is shaped by its colonial past, evolving governance, and integration into the global economy. Prior to Spanish colonization in the 16th century, the islands had a flourishing economy centered around agriculture, fisheries, and trade with neighboring countries like China, Japan, and Southeast Asia.
The National Food Authority was created by President Ferdinand Marcos through Presidential Decree No. 4 dated September 26, 1972, under the name National Grains Authority (NGA) with the mission of promoting the integrated growth and development of the grains industry covering rice, corn, feed grains and other grains like sorghum, mung beans, and peanuts. [1]
The Philippines' exports income had begun growing in the early 1970s due to an increased global demand for raw materials, including coconut and sugar, [1] [15] and the increase in global market prices for these commodities coincided with the declaration of martial law, allowing GDP growth to peak at nearly 9 percent in the years immediately ...
The sari-sari store offers a place where people can meet. The benches provided in front of the store are usually occupied by local people; some men spend time drinking there while women discuss the latest local news, youths also use the place to hang out and children also rest there in the afternoons after playing and buy soft drinks and snacks.
The Philippines is the world's third largest producer of pineapples, producing more than 2.4 million of tonnes in 2015. [50] The Philippines was in the top three banana producing countries in 2010, including India and China. [51] Davao and Mindanao contribute heavily to the total national banana crop. [51]
The department is currently led by the secretary of agriculture, nominated by the president of the Philippines and confirmed by the Commission on Appointments. The secretary is a member of the Cabinet. The current secretary is Francisco Tiu Laurel Jr., who assumed office on November 3, 2023.
The channel primarily broadcasts programming relating to news, business, politics, and public affairs, along with other magazine religious and documentary-style programs. The network also airs programming sourced from ABS-CBN , ABS-CBN Regional , Kapamilya Channel , TeleRadyo Serbisyo , Jeepney TV , Metro Channel and The Filipino Channel .
Aquaculture has made up an increasingly large proportion of fisheries products produced in the Philippines, and there has been considerable research into improving aquacultural output. Philippine output in total makes up 1% of global aquaculture production, and the country is the fourth-largest producer of seaweed.