Coffee body seeks funds to boost local production

By Janine Alexis Miguel

Mar 20, 2024 12:34 am

THE Philippine Coffee Board Inc. (PCBI) wants the government to invest in the coffee sector to address a disparity between supply and demand and lessen the country's dependency on imports.

PCBI Director Alejandro Mojica said the country currently produces around 30,000 metric tons (MT) of coffee beans per year, which falls short of the local demand of 150,000 MT.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

Trade tensions open opportunities

Amid lack of catalysts, investors seen cautious

Govt infra spending up by 16.9% in Sept

Fed policy framework review to start next year

UN rules for carbon trading OKd at COP29

Expanded pawnshop services OKd

Meat imports up 12.6% as of September