MANILA, Philippines — The Department of Agriculture (DA) said it will request the Bangko Sentral ng Pilipinas (BSP) to reconsider the use of abaca fiber in the country’s banknotes, which the ...

It noted that over 1.5 million Filipinos — among the country’s poorest — depend almost entirely on the indigenous fiber for their livelihood. “We will request that the Bangko Sentral ng Pilipinas ...

In the Bicol Region, Catanduanes leads in fiber production, making 81 percent of all abaca produced in the region, followed ...

THE Philippine Fiber Industry Development Authority (PhilFida) is mulling over regulating the entry of imported fibers, particularly abaca, as part of efforts to bolster the local industry.

The Department of Agriculture is enlisting the support of key government agencies, particularly the Bangko Sentral ng ...

Eastern Visayas recorded 2,938 metric tons (MT) of abaca fiber production in 2024, up by 24 percent from the actual yield a ...

"We will request that the Bangko Sentral ng Pilipinas reconsider its decision to remove abaca fiber from Philippine banknotes, given [its] impact on the livelihood of millions... We will also urge the ...

THE Department of Agriculture (DA) said on Sunday that it will seek to reverse a central bank decision halting the use of abaca fiber in Philippine banknotes. “We will request that the Bangko Sentral ...

(MENAFN- GlobeNewsWire - Nasdaq) Dublin, March 03, 2025 (GLOBE NEWSWIRE) -- The "Abaca Fiber market Size, Share & Trends Analysis, 2025-2030" report has been added to ResearchAndMarkets.com's ...