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Nutritious drink … Ang Buko, Bow !

Pinoy love this … freshly picked from the tree these are sold anywhere be it on the street, the supermarket, the wet market … it is sold as cold drink still in the husk … it is chilled or frozen that vendors sell near offices, schools, parks and other places where people converge. They say it is medicinal …  yes it is rich in electrolytes … and when one drinks this after too much sweating because of hard work like jogging running it brings back energy as one research that I read said. The business side of this is that a multi-national company operating right here in our region will bring this thirst quenching drink to the international market … an expansion of its operation here will not only bring the by-product of our Miracle Tree, the coconut, internationally but also more jobs for our fellow Pinoys … bring it on … !  Here’s my story … 

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Davao Sur coconut firm to produce coco water for int’l market 

By Prix Digna D. Banzon

DAVAO CITY, April 10 (PNA) — With the high demand for coco water in the international market, Franklin Baker is expanding the operation of its plant in Sta. Cruz, Davao del Sur to producing a new product out of coconut.

Sta. Cruz Mayor Joel Ray Lopez disclosed on Thursday at the Davao Business Forum organized by DermPath, SM City Davao and San Miguel PureFoods that Franklin Baker is expanding its operation in their town for production of coco water.

Mayor Lopez said the company is finalizing negotiations with the Ayala’s for the acquisition of the property that was earlier leased to CJ Toyota Tsusho Philippines, Inc.

He said Franklin Baker is negotiating for the property that was earlier occupied by the CJ Toyota Tsusho Philippines, Inc. which company produces coconut sugar D-xylose out of coconut shell.

The Korean company however closed down due to technology problem that caused them tremendous losses.

Department of Trade and Industry (DTI) Davao del Sur provincial head Eulogio Orevillo said the negotiation is ongoing and the parties are already finalizing details.

“We see positive results with the negotiation undertaken by two parties,” he said.

Provincial Agri-Industrial Center (PAIC) administrator of Sta. Cruz town Camila Infuesto said Franklin Banwas first agri-industrial processing plant that located in their municipality.

The Sta. Cruz processing plant produces desiccated coconut which produce is exported to international market like the US.

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She said new businesses or expansion of existing business is what our locality needs because this would also mean more jobs for the locals.

She said as indicated in their Investment Code, companies that locate in their municipality must employ residents of the area.

The entry of more businesses in Sta. Cruz gave their municipality a tremendous increase of the local revenue, she said.

She said from the P75.1 million income in 2001 it grew by 426 percent in 2013 as it generated an income of P196.765 million.

As shown in the graph, the town’s income from 2001 to 2007 recorded a very minimal increase but went up in 2008 with the entry of more businesses.

She said they continue to invite investors even as she said that they make sure that they maintain their reputation as a business friendly town. (PNA) CTB/Digna D. Banzon/ldp

 

Coconut …


Known as the tree of life … Davao corners the biggest area planted to coconut. Coconut is a tree where all it parts can be of use … from the trunk, the leaves and more especially the fruit.  And lately, foreign personalities go crazy about “buko” juice and based on personal experience taking this juice makes me more active.  In an article published by Digital Running Club on coco water it said it could replenish electrolyte in the body after a though workout as it contains all five essential electrolytes, namely, potassium, magnesium, phosphorous, sodium, and calcium.  A lot can be done about coconut and this Davao businessman explored into producing coco syrup which became popular in other foreign markets … here’s my story …

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Davao businessman finds new foreign markets for coco syrup

DAVAO CITY, Aug. 17 (PNA) — A Davao businessman has found new foreign markets for coco syrup in Germany and Australia.

Benjamin Lao, president of Lao Integrated Farms Inc. (LIFI), said their company as one of the major players in the coconut industry in the Davao Region, had initially exported some 1,200 liters of coco syrup to Germany and another 900 liters to Australia in July this year.

“That volume is just our initial export since we just began last month. There’s a growing demand for coco syrup in the global market,” Lao said.

He also said local coconut producers in the region will find another boost in terms of income since negotiation is ongoing between them and the new global markets to allow the entry of coconut products, including coco sugar, syrup and seasoning in Japan and Canada.

Lao said 80 percent of the total production of their coco syrup is exported to global markets while only 20 percent distributed locally.

He said the United States and European countries remain as LIFI’s top international markets.

Lao said they have been exporting to these international markets since 2009 of about 8,000 liters of coco syrup and about a ton of coco sugar a month.

Lao said his firm produces 350 kilograms of coco sugar and 600 liters of coco syrup a day. These products, derived from the coco sap.

He also assured local coconut producers that exporting coco syrup will not wipe out the copra business in the country.

“The production of these products will not affect the copra, since the coconut sap comprises only 2 to 10 percent of the coconut tree,” Lao said.

In order to increase production of coco sap, he recommended planting two dwarf varieties of coconut — the Mawa and Aromatic — that can produce an average of four litres day. (PNA) Prix Digna D. Banzon/ldp/utb