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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 »

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