Coconut industry heads are calling for better government funding to improve competitiveness and ensure compliance with increasingly strict global standards, according to a report by Philstar Biz.
The sector leaders emphasized the need for additional financial support to modernize farming practices, improve post-harvest facilities, and strengthen supply chain logistics. These investments are seen as critical to helping local coconut products meet international quality and sustainability requirements.
Without adequate funding, the Philippines risks losing market share to other coconut-producing countries that have already upgraded their production systems. The industry contributes significantly to the national economy, supporting millions of farmers and processors across the country.