With the Philippine seas south of Mindanao already over fished‚ local tuna producers have looked beyond the country’s fishing grounds for their operations. Marfenio Tan‚ former president of the Socsksargen Federation of Fishing and Allied Industry (SFFAI)‚ continues to reminisce the days when they had to bury tons of tuna catches on the beaches because there were simply abundant supplies and demand could not cope‚ if not non-existent. During the stretch when the industry became the single top
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Philippines has a GDP of US$188.719 in 2010. Our country is said to be an agricultural country but now it is being industrialized and currently the 32nd largest economy in the world. It is also considered one of the largest mining countries‚ with an estimated $1 trillion in mineral wealth. We produce metals like gold‚ nickel‚ copper and chromite and non-metals like asbestos‚ asphalt‚ sulfur and marble. We really can’t deny that agriculture helps a lot in our country’s GDP‚ by exporting abaca‚ bananas
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The Weak Agricultural Sector of the Philippines: Case Study on the Sugar Industry in Negros Occidental Trade Liberalization: Free Trade vs. Fair Trade In theory Trade Liberalization is supposed to bring about greater productivity and improve resource allocation which in effect stimulates economic activity and improves long term welfare. Using the policy of free trade there is an elimination of trade barriers such as taxes‚ tariffs and import quotas. Subsidies‚ tax breaks and other support to domestic
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PHILIPPINE FOOTWEAR INDUSTRY : The Footwear Industry covers a range of products that includes sports shoes‚ dress or casual shoes‚ slippers and sandals. Materials range from leather‚ rubber and plastic to textile and other components. The sector targets buyers of all ages and offers products for men‚ women and children. Leather footwear is normally used as dress shoes. Non-leather footwear with outer soles of rubber or other materials such as plastic‚ wood‚ textile is commonly used as casual
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embrace air transport is the Philippines. Founded in February 26‚ 1941‚ Philippine Airlines made Asia’s oldest carriers and oldest operating under its current name. The airline’s first flight was made on March 15‚ 1941 with a single Beech Model 18 NPC-54 aircraft‚ which started its daily services between Manila and Baguio‚ later to expand with larger aircraft such as the DC-3 and Vickers Viscount. Today‚ despite the numerous challenges faced‚ the Philippine Airline Industry still survives with more than
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only the privileged have phones. Many would apply for a phone line‚ and application process can take up to 5 years‚ only to find out they have been rejected. In the 80s‚ the market became more accommodating and new telephone companies made their industry debut. New lines began operating and franchises were allowed nationwide. In the early 90s‚ about 2 of every 10 Filipino families have landline phones‚ with most of the lines located in Metro Manila. Less than 1 out of 10 owns a mobile phone‚ then
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Coconut Industry The Philippines remains as the world’s leading supplier of traditional coconut products. The industry is also finding new products and uses for this the “Tree of Life”: coco peat‚ geotextiles‚ activated carbon and virgin coconut oil. Description The coconut industry is a dominant sector of Philippine agriculture: Of the 12 million hectare of farmlands‚ 3.25 M hectare is devoted to coconut 68 out of 79 provinces are coconut areas. Over 324M bearing and non-bearing trees 3.5M coconut
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Downstream Oil Industry According to REPUBLIC ACT NO. 8180(AN ACT DEREGULATING THE DOWNSTREAM OIL INDUSTRY‚ AND FOR OTHER PURPOSES) ; Downstream oil industry shall refer to the business of importing exporting‚ re-exporting‚ shipping‚ transporting‚ processing‚ refining‚ storing‚ distribution‚ marketing and/or selling‚ crude oil‚ gasoline‚ diesel‚ liquefied petroleum gas (LPG)‚ kerosene‚ and other petroleum and crude oil products The Philippines downstream oil industry had been deregulated since1998
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Efraim Genuino‚ told The Manila Times that first and foremost‚ one thing that people should remember is that Pagcor is a creation of law. Pagcor‚ a government-owned and controlled corporation was established to regulate all games of chance in the Philippines. It was born in 1976‚ created by then-President Marcos to oversee the operation of gaming casinos‚ to generate funds for the government’s developmental projects and to help curb illegal gambling. An unaudited Pagcor report shows that Pagcor
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Five Trends in the Restaurant Industry The number one growing trend in the restaurant industry is the idea of fresh‚ healthy meal options. According to the NRA a growing number of consumers are becoming more health conscious‚ and therefore looking better their diets. Restaurant owner have taken note of this and are trying to provide a healthy selection of food for its consumers. In fact forty percent of restaurant owners had budgeted more spending in 2010 compared to 2009. They are willing to
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