date:Jul 22, 2021
y similar to last years level of US$1.644 billion.
For this year, it should be very similar to last year. There are no new big expansions occurring in the industry, PBGEA Chairman Alberto F. Bacani said on Tuesday. Sad to say a lot of multinationals prefer to expand in Ecuador or other Latin American countries rather than investing in the Philippines because of the perceived risks of Panama disease especially.
Bacani noted that Panama disease-resistant banana varieties are good solution but th