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Iran eyed as market for bananas

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Arakan, North Cotabato women wash Cavendish bananas ready for export as this mountainous town has become a center for agribusiness in Central Mindanao area. With GSP privileges, the Philippines will be able to export bananas, among others, to the US without having to pay corresponding tariffs. PHOTO BY PINOY GONZALES/PDI CONTRIBUTOR

Iran, which is on the list of nations sanctioned by the United Nations’ Security Council, is among the new markets that the Department of Agriculture (DA) has targeted for Philippine bananas, Agriculture Assistant Secretary Salvador Salacop said here on Thursday.

Posted: June 2nd, 2012 in Latest Business Stories,Photos & Videos | Read More »

Banana industry fears loss of China trade over Scarborough row

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Arakan, North Cotabato women wash Cavendish bananas ready for export as this mountainous town has become a center for agribusiness in Central Mindanao area. With GSP privileges, the Philippines will be able to export bananas, among others, to the US without having to pay corresponding tariffs. PHOTO BY PINOY GONZALES/PDI CONTRIBUTOR

Banana industry leaders here fear the political tension between the Philippines and China over the Panatag (Scarborough) Shoal may eventually take a toll on the country’s multimillion-dollar banana industry.

Posted: May 7th, 2012 in Latest Business Stories | Read More »

Banana exports to be hit by Scarborough dispute– industry insider

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Arakan, North Cotabato women wash Cavendish bananas ready for export as this mountainous town has become a center for agribusiness in Central Mindanao area. With GSP privileges, the Philippines will be able to export bananas, among others, to the US without having to pay corresponding tariffs. PHOTO BY PINOY GONZALES/PDI CONTRIBUTOR

The tension between the Philippines and China over the Scarborough shoal may eventually take its toll on the banana industry, a ranking industry official said on Thursday.

Posted: May 3rd, 2012 in Latest Business Stories,Photos & Videos | Read More »

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