Processed food and beverages among PH focus export targets

Export stakeholders have included processed food and beverages and other food products among the focus export targets owing to their bright prospects.

These food goods, along with electronics products and information technology-business process outsourcing (IT-BPO), "are already part of the array of goods and services seen to contribute to realizing the overall targets for 2022", according to the Philippine Export Development Plan (PEDP) 2018-2022.

"If processed food and beverages, and other food products in general, are to be focused exports targets, the path to hitting it big is arduous though promising," it noted.

The Plan said the country has comparative advantages in tropical-resource based products into different forms, such as fresh, canned, dried, processed and semi-processed, among others.

To gain greater market foothold, it said the country should exploit consumer changes from product differentiation to catering to packaging, safety, nutritional content, global standards, among others.

"In terms of dynamism many of these processed fruits and vegetables are champions in the trade maps and have retained these distinctions overtime. And when the scope of processed food, beverage, and vegetable is expanded in consonance with these changing consumption characteristics potential revenues could be higher," it added.

The report underscored the need to capitalize on opportunities in the sector.

It cited data indicating that in January-December 2017, exports of processed food and beverages, processed tropical fruits, and other fruits and vegetables "remain low though not insignificant" at around US$ 1.14 billion in an international market value of US$ 3.03 trillion by 2020.

To seize market opportunities, the Plan said producers have to subscribe to international best practices and submit to third-party audits for certain procedures.

They also need to adhere to product standards, including stringent requirements such as traceability of fruits and horticulture.

"Collaboration, joint ventures and other forms of market penetration and knowledge acquisition increasingly become essential as well as encouraging FDI (foreign direct investment) into these products groups with companies with established reputations interested in the country's advantages and opportunities," it added. (PEX)

Comments

Empanada festival: A celebration of good taste and good life

By Dominic B. dela Cruz & Leilanie G. Adriano Staff reporters BATAC CITY—If there is one thing Batac is truly proud of, it would be its famous empanada-making business that has nurtured its people over the years. Embracing a century-old culture and culinary tradition, Batac’s empanada claims to be the best and tastiest in the country with its distinctive Ilokano taste courtesy of its local ingredients: fresh grated papaya, mongo, chopped longganisa, and egg. The crispy orange wrapper and is made of rice flour that is deep-fried. The celebration of this city’s famous traditional fast food attracting locals and tourists elsewhere comes with the City Charter Day of Batac every 23 rd of June. Every year, the City Government of Batac led by Mayor Jeffrey Jubal Nalupta commemorate the city’s charter day celebration to further promote its famous One-Town, One Product, the Batac empanada. Empanada City The Batac empanada festival has already become an annua

PGIN honors Ilocano heroes of past, present through Heroes Walk

SPO1 Allan Lampitoc Franco of Banna, Ilocos Norte and PO2 Jovalyn D. Lozano of Adams, Ilocos Norte receive a resolution of commendation, a certificate of college scholarship grant to their family members and a P20,000 cash incentive each from the Provincial Government of Ilocos Norte represented by Governor Imee R. Marcos and Vice Governor Angelo M. Barba in recognition of their bravery and heroic acts in the Mamasapano clash in Maguindanao on January 25. Mr. Franco and Mr. Lozano were recognized on March 10 in time for the unveiling of the second batch of Ilocano heroes at the Heroes Walk located along the Sirib Mile in Laoag City. (Lei Adriano) By Jennifer T. Pambid PGIN-CMO In honor of the heroes who brought freedom, fame and glory to the province as well as to the country in the past century, the Provincial Government of Ilocos Norte (PGIN) through the Education Department and Sirib Youth Office launched the second batch of Ilocano Heroes Walk on March 10, 2015.

Pagudpud’s tourism transformer passes away

By Leilanie G. Adriano Staff reporter LAOAG CITY—Retired Philippine Air Force Col. Ricardo Nolasco Jr., owner of Hannah’s Beach Resort and Convention Center in Pagudpud, Ilocos Norte passed away on Wednesday evening, July 11, 2018. He was 67. “He did not survive an open-heart surgery,” said Ronald Dominguez, spokesperson of the largest resort at Brgy. Balaoi in Pagudpud. Known as the architect behind the transformation of Pagudpud town as a premiere destination of the north, Mr. Nolasco put up Hannah’s Beach Resort in what was originally meant as a family vacation resort. The rest is history when it expanded into more than 300-room executive villas and cabanas, with on-going infrastructure developments and set up various amenities. As a result, hundreds of domestic and foreign tourists visit here daily. The resort is on a cliff by the beach, which provides a spectacular view of the sparkling blue lagoon. “Yesterday will go down my lifeline as one

The Ilocos Times

Search This Blog