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Indigenous materials are materials that are naturally and locally found in a specific place such as timbers, canes, grass , palms, and rattan. [1] [2] Other indigenous raw materials in the country that are commonly known and used creatively in crafts and decoration are capiz, pearls, corals, and seashells, being an archipelago naturally abundant in beaches and marine resources.
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]
Wild varieties of abacá can still be found in the interior forests of the island province of Catanduanes, away from cultivated areas. The Banton Burial Cloth (c. 1200-1400 AD), the oldest existing example of warp ikat in Southeast Asia at the National Museum of the Philippines). The cloth was found in the sacred Ipot cave of Romblon. It is ...
Victorias Milling Company (PSE: VMC) is a publicly-listed company in the Philippines that was established in 1919. It is largest producer of sugar in the country and one of the largest sugar millers and refineries in Asia. Its core business is the production of integrated raw and refined sugar and engaging in
The opening of Philippine trade to the world gave rise to business and imposing edifices that made Manila the 'Paris of Asia'. La Insular Cigar Factory is one of the most popular. The development of the Philippines as a source of raw materials and as a market for European manufactures created much local wealth. Many Filipinos prospered.
Xanthostemon verdugonianus, commonly known as mangkono or Philippine ironwood, is a species of plant in the family Myrtaceae. [2] It is endemic to the islands of the Visayas, Palawan, and northeastern Mindanao. It is valued for its extremely durable and heavy timber. It is threatened by habitat loss.
In the region of South-east Asia, glass beads were one of the most commonly traded objects for centuries. Their portability and durability is what made them an admirable item for trade. The discovery of Chinese-style glass beads in the Philippines also indicate a system for trade between Ifugao and other Philippine communities.
Previously, the Philippines was seen as a trading post for international trade but in the nineteenth century it was developed both as a source of raw materials and as a market for manufactured goods. The economy of the Philippines rose rapidly and its local industries developed to satisfy the rising demands of an industrializing Europe.