Event Details

The coconut industry is one of the Philippines' most important economic sectors. Coconut commodities are the Philippines' most important agricultural export. It contributed PHP 77.4 billion to the Philippine economy in 2013, which covers 3.56 million hectares, or nearly one-fourth of the entire agricultural land area. Due to the numerous obvious uses of all of its plant parts, coconut truly merits the moniker "tree of life." The coconut products exported include virgin coconut oil, coconut water, desiccated coconut, copra meals, oleochemicals, and coconut sugar, which are gaining traction in the export market, particularly if they are labeled "organic." The volumes and values are currently small, but they have the potential to grow into major exports.


According to the Republic of the Philippines Department of Agriculture (2021), agriculture and other agriculture-related industries show have a very strong potential to become major drivers of the economy due to the prevalence of large tracts of fertile lands and relatively low susceptibility of Mindanao to severe calamities, typhoons, and associated flooding that frequently devastate the production in Luzon and Visayas. For over a century, the average income of local farmers has been 2.5, which is below the poverty threshold level. Factors contributing to this dilemma are the low productivity of old and fertilized coconut trees. Furthermore, despite the steady growth of coconut exports, the coconut sector has not seen considerable progress in recent years due to poor investments. However, the copra production in this quarter increased by 3.6 percent to 4.20 million metric tons. Davao Region was the leading producer, followed by Northern Mindanao and the Zamboanga Peninsula, second and third, with 11.9 and 11.0 percent shares, respectively, in Mindanao production. Another factor is the bias regarding policies of the government concerning tree crops. Specifically, the public sector investments have focused their attention on irrigated rice production only. Second, the slow implementation of CARP led to uncertainties and militated against investment in long-gestating tree crops. Lastly, high real interest rates and a limited grace period for crops result from macroeconomic policies of the government relating to gestating investment crops.


In line with this, the European Chamber of Commerce of the Philippines (ECCP), will be hosting a webinar entitled "Mindanao Talks: Maximizing Copra Production in Mindanao" on 09 August 2022 from 2:00 PM to 3:30 PM (GMT +8), via Zoom. Experts from various organizations will be sharing their insights and experience on the Role of the Copra Industry in the Philippine Economic Prosperity.



For registration and partnership inquiries, please contact Jiyan Sanico at jiyan.sanico@eccp.com.

Speakers

  • CARLOS BERNARDO ABAD SANTOS (ASEC at National Economic and Development Authority)

    CARLOS BERNARDO ABAD SANTOS

    ASEC at National Economic and Development Authority

    Carlos Bernardo O. Abad Santos is Assistant Secretary for Policy and Planning of the National Economic and Development Authority (NEDA) of the Philippines. He was previously the Director of Governance Staff under the same office. As Assistant Secretary, he has oversight and supervision on planning and policy formulation of the following Sector Staffs: (a) Governance, (b) Macroeconomy, (c) Social Development, and (d) Trade, Services, and Industry.

    Previous to his appointment in NEDA on April 2014, Assistant Secretary Abad Santos has had 25 year experience in the area of rural development in both public and private sector. He was Executive Director and Senior Research Fellow of the Asia-Pacific Policy Center (APPC) from 2005 to 2013, where he spearheaded or collaborated on studies relating to poverty, agribusiness development, local governance and agrarian reform. He likewise worked as independent consultant for several institutions including the Asian Development Bank, the World Bank, Southeast Asian Regional Centre for Graduate Study and Research in Agriculture, and Save the Children Federation, Inc. He worked in the Department of Agrarian Reform from October 1987 as Executive Assistant to June 2004 as Director III.
    Mr. Abad Santos has a Masters in Economics from the University of the Philippines-School of Economics, and a Diploma in Economic Development Planning from the Instituto di Studi per lo Sviluppo Economico.

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  • WILLIAM DAR (Chairperson at Philippine Coconut Authority)

    WILLIAM DAR

    Chairperson at Philippine Coconut Authority

    https://pca.gov.ph/index.php/about-us/company-organization/key-officers

    former Secretary of the Department of Agriculture

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  • Manuel G. Octobre (Regional Manager III at Philippine Coconut Authority)

    Manuel G. Octobre

    Regional Manager III at Philippine Coconut Authority

  • Roel M Rosales (Deputy Administrator for Operations at Philippine Coconut Authority)

    Roel M Rosales

    Deputy Administrator for Operations at Philippine Coconut Authority

Tickets

ECCP Members
Standard Price Free
₱500
ECCP Non-Members
Standard Price ₱1,000