At the 2nd National Fibercrop Summit in Iloilo City, Agriculture Secretary Francisco Tiu Laurel Jr. emphasized the importance of maintaining high-quality standards for micro and small enterprises (MSEs) in the fiber industry. The summit, organized by the Philippine Fiber Industry Development Authority (PhilFIDA), showcased products made from natural fibers like abaca, pineapple, and salago, highlighting their economic and cultural significance.
Tiu Laurel, through Assistant Secretary Genevieve Velicaria-Guevarra, expressed his commitment to supporting MSEs in achieving global market readiness. He praised the traditional arts and craftsmanship of Filipino weavers, noting their role in producing globally competitive products. The Secretary also acknowledged the broader contributions of natural fibers to the nation’s culture and heritage.
In a subsequent interview, Guevarra revealed that abaca, a key Philippine export, has seen a decline in production due to aging farmers and shifts to other crops. However, PhilFIDA is addressing this by introducing mechanization and expanding cultivation areas for other fibers like cotton and piña to boost production and meet global demand.
Senator Loren Legarda, in her keynote address, underscored the potential of the fiber industry to support rural economies and MSEs. She highlighted the Magna Carta for Micro, Small and Medium Enterprises (MSMEs), which aims to provide smaller producers with access to capital, technology, and training, thereby fostering local economic growth and job creation.
The summit, attended by around 130 stakeholders, focused on promoting natural fibers, enhancing market access for MSEs involved in PhilFIDA-funded weaving and processing centers, and aiding their business expansion efforts.