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Agriculture in the Philippines is a major sector of the economy, ranking third among the sectors in 2022 behind only Services and Industry. Its outputs include staples like rice and corn, but also export crops such as coffee , cavendish banana , pineapple and pineapple products, coconut , sugar , and mango . [ 1 ]
This page was last edited on 11 December 2024, at 08:10 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
The economy of the Philippines is an emerging market, and considered as a newly industrialized country in the Asia-Pacific region. [31] In 2025, the Philippine economy is estimated to be at ₱29.66 trillion ($507.6 billion), making it the world's 31st largest by nominal GDP and 11th largest in Asia according to the International Monetary Fund.
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]
Additionally, food exporters and processors with Customs Bonded Warehouses (CBW) could import sugar tariff-free for products sold overseas, as permitted by the Tariff and Customs Code of the Philippines (TCCP). In 2010–2011, the Philippines again had a sugar surplus, but significant amounts of sugar premixes for industrial use were imported.
On March 23, 2018, the Philippines' Security and Exchange Commission (SEC) approved the change in corporate name to San Miguel Food and Beverage, Inc.and amendments in the company's Articles of Incorporation. [9] The company's PSE ticker symbol was changed to PSE: FB effective April 5, 2018. [10] Former logo as San Miguel Pure Foods from 2001 ...
A coconut plantation in Sipocot, Camarines Sur Coconut crafts. Coconut production plays an important role in the national economy of the Philippines.According to figures published in December 2009 by the Food and Agriculture Organization of the United Nations, the Philippines is the world's second largest producer of coconuts, producing 19,500,000 tonnes in 2009. [1]
This page was last edited on 21 December 2022, at 17:20 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.