PBGEA warns of tough times ahead

For fresh fruit and vegetable marketing and distribution in Asia
Carl Collen

BY CARL COLLEN

PBGEA warns of tough times ahead

Philippines banana industry could be set for an even more difficult year after losing US$500m in exports in 2015

PBGEA warns of tough times ahead

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The Philippines Banana Growers and Exporters Association (PBGEA) has said that the country's banana industry could be facing a number of tough obstacles as it looks to recover from a disappointing 2015.

The organisation said that the industry was facing threats from El Nino, Panama disease and attacks from insurgents, Manila Bulletin reported.

This follows on from a poor year last year, where the industry lost some US$500m as production dropped to 85.32m boxes for the January-September period – down from 90.14m boxes in 2014.

"The banana industry is in bad condition nowadays,” said Stephen Antig, executive director of PBGEA, who added that the "worst is yet to come".

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