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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 ]
The Philippines' Bureau of Agriculture and Fisheries Product Standards (Filipino: Kawanihan ng mga Pamantayan sa Produktong Pansaka at Pampangisdaan, abbreviated as BAFS), is an agency of the Philippine government under the Department of Agriculture responsible for setting and implementing standards for fresh primary and secondary processed agricultural and fishery products.
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.
Jerome D. Ong serves as the President and CEO of CDO Foodsphere, Inc. Under his leadership, the company has expanded its product portfolio and strengthened its presence in the Philippine food industry. His tenure has been marked by initiatives to explore new markets and adopt technologies aimed at optimizing production. [17] [18]
As a result, in 1985, the last full year of the Marcos regime, the country imported 538,000 tons of rice. [4] The situation improved somewhat in the late 1980s, and smaller amounts of rice were imported. In 1990 the country experienced a severe drought. Output fell by 1.5 percent, forcing the importation of an estimated 400,000 tons of rice. [4]
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]
McDonald's Philippines, known locally and colloquially and shortened as McDo [3] (), is the master franchise of the multinational fast food chain McDonald's in the Philippines. The master franchise is held by the Golden Arches Development Corporation , a subsidiary of Alliance Global Group .