Coconut manufacturers group: PH lacks facilities to process high value products | Early Edition

The video discusses the challenges facing the coconut industry in the Philippines. Despite being the second-largest producer and exporter of coconuts worldwide, the country exports mostly low-value products, while other countries process them into higher-value goods. This results in significant economic losses for the Philippines. The video also explores potential solutions, such as increasing the use of coconut biodiesel in the country's fuel mix and utilizing the Coco Levy Fund for the development of the industry. Additionally, the video compares the Philippines' coconut industry with those of Indonesia and India, highlighting the need for increased productivity and domestic consumption to improve the livelihoods of coconut farmers.