7. Coffee Industry According to Chit Juan, the President of
the Philippine Coffee Board (PCB), the Philippines is
the largest coffee drinkers in Southeast Asia and if
that does not give you a clue on what should your
business be this year. But the focus here is not about
establishing your own café, rather, focusing on
exporting coffee beans. The Philippine soil and
climate is ideal for planting different varieties of coffee;
but the downside is, prices of land gets higher every
year; so as early as today, invest in land and plant
coffee. The production and export of coffee was once
a major industry in the Philippines, which 200 years
ago was the fourth largest coffee producing
nation.
Coffee Industry
10. Meat Processing
Meat Processing and Cold Products Tocino,
longganisa, etc. is back in the game, folks!
This old favorite is making its way back to
the homes of the average Filipino families
and according to Meat Importers. Traders
Association president Jesus Cham, home-
cooked style cold meats are preferred
because it is more affordable compared to
the usual “branded” meats available in
grocery stores.
13. Tourism
Philippine tourism is widely promoted since the
Department of Tourism released its “More Fun in
the Philippines” campaign in 2012. And since then,
local and foreign tourists are flocking to
different beaches and trying out new adventures
that every Philippine province has to offer.
Tourism is travel for recreational, leisure,
or business purposes. The World Tourism
Organization defines tourists as people "traveling
to and staying in places outside their usual
environment for not more than one consecutive
year for leisure, business and other purposes
15. Peso drops to 2-year low then bounces;
trades between P43-P44
• MANILA, Philippines - The peso touched its lowest
level in more than two years on Friday before
bouncing back to close on a stronger note versus
the dollar as investors realized the drop has been a
“bit too overdone.”
• The local unit appreciated by eight centavos to close
the week at 43.72 from a 17-month low of 43.80 last
Thursday. Dollars traded reached $1.084 billion,
down from $1.407 billion the previous day.
• During the day, the peso traded within a range of
43.63-44.17, the upper end being the weakest since
February 2011.
16. • “Investors who are not carried away by
emotions and by a rather emotional
environment are able to distinguish the
countries that are fundamentally supported,”
he added.
• Financial markets around the globe have
been rattled since Thursday by
pronouncements from US Federal Reserve
Ben Bernanke that stimulus measures will be
scaled down “later this year.”
17. With these, we learned that, a good
business will depend on how a person will
manage it. On the other hand the Peso-
Dollar rate affect every business in our
country.
18. This research is relevant to our class
because in the near future we could
apply it in our life.
19. Give us the 3 trends in Business in
order?
1. Coffee Industry
Text
2. Meat Processing
Text
3. Tourism
