Monday, 15 December 2008

Let's all hope it's not really going to be as bad as they say

BUSINESS & LEISURE By Ray Butch Gamboa

December 06, 2008 12:00 AM

Did you know that we are no longer the No. 1 producer of coconut in the world? We have been overtaken by Indonesia which is now No.1, but the Philippines is currently the No. 1 supplier of coconut oil, desiccated coconut and oleo chemicals from coconut oil. And Indonesia, the top producer, is one of our top export markets. I hope I don’t see the day when it overtakes us here as well.

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