Connect with us

Hi, what are you looking for?

News

Ireland planning dairy export push targeting Philippines, Malaysia













REUTERS

IRELAND’s Food Board, known as Bord Bia, said it hopes to grow dairy exports by about 15 million euros over a three-year campaign targeting the Philippines and Malaysia.

“We have not posted a specific figure or the numerical value for each market, but given the fact that the Philippines has a greater share of dairy exports than Malaysia, we can see that the majority or the greater part of that (growth) will come from the Philippines,” Jim O’Toole, chief executive officer of Bord Bia, said at a briefing on Thursday.

Bord Bia is also undertaking a 3.2 million-euro promotional campaign in the two ASEAN markets.

It will also seek to bring in buyers from the two countries as well as Japan, Vietnam and Thailand to visit Irish dairy farms and processors.

Bord Bia will also host two dairy technical seminars in Malaysia and the Philippines.

The Bord Bia campaign is co-funded by the European Union, which aims to raise awareness of European dairy products and increase dairy exports to Southeast Asia.

In 2022, Ireland’s dairy exports to the Philippines amounted to 72 million euros, up 107%.

Irish beef exports grew 91.4% to 49 million euros in 2022, while pork exports rose 71.4% to 24 million euros.

Ireland’s other exports also grew last year with beverages surging 215% to 1.5 million euros in 2022.

Meanwhile, Martin Heydon, Irish Agriculture, Food and the Marine minister, said Ireland can play a role in helping the Philippines achieve food security.

“We have developed our agriculture system really significantly… over the last 50 or 60 years, and we have done that through research, science and innovation. We have learned a lot from that experience that we believe that we can share,” Mr. Heydon said.

“And we are going to engage further to see how some of those learnings can be shared for the benefit of the Philippines,” he added.

On Nov. 7, Bord Bia visited the Philippines on a fifth trade mission to Southeast Asia.

The Irish ministerial delegation brought in 12 companies from Ireland, while other Irish companies were represented by traders based in the Philippines.

During the trade mission, Irish dairy processors Tirlan and Lakeland Diaries signed agreements with distributors in Manila to supply Irish cream and butter. — Justine Irish D. Tabile

Neil Banzuelo




Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

Latest

News

Inflation likely eased further in November, a BusinessWorld poll showed. —...

News

PHILIPPINE STAR/WALTER BOLLOZOS PHILIPPINE GOVERNMENT agencies continue to ramp up efforts...

News

COURTESY OF ICTSI MORE FOREIGN CHAMBERS are opposing the Philippine Ports...

News

METRO PACIFIC Tollways Corp. (MPTC) is looking to tap local and...

News

1 of 4 HONG KONG — Pharrell Williams took to Hong...

News

Talk Box By Kap Maceda Aguila 1 of 6...

You May Also Like

Financial Advisors

[#item_full_content]

Financial Advisors

[#item_full_content]

Financial Advisors

[#item_full_content]

Disclaimer: Respect Investment.com, its managers, its employees, and assigns (collectively "The Company") do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

Copyright © 2022 Respect Investment. All Rights Reserved.