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                    [Title] => Lifting of tariff on palm oil won’t affect coco industry, says CORA
                    [Summary] => The Coconut Oil Refiners Association (CORA) downplayed fears its petition to lift the tariff duty on palm oil will adversely affect the ailing domestic coconut industry.


"The claim of Agriculture Secretary Luis Lorenzo Jr. that our petition will affect the coconut industry is unfounded. As a matter of fact, it will all the more help augment our export of coconut oil in the world market which now enjoys a premium price and the effect of which will filter down to the coconut farmers by way of higher copra prices," said Jesus Arranza, president of CORA.


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GLORIA ROLLING STORES

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                    [Title] => Lifting of tariff on palm oil won’t affect coco industry, says CORA
                    [Summary] => The Coconut Oil Refiners Association (CORA) downplayed fears its petition to lift the tariff duty on palm oil will adversely affect the ailing domestic coconut industry.


"The claim of Agriculture Secretary Luis Lorenzo Jr. that our petition will affect the coconut industry is unfounded. As a matter of fact, it will all the more help augment our export of coconut oil in the world market which now enjoys a premium price and the effect of which will filter down to the coconut farmers by way of higher copra prices," said Jesus Arranza, president of CORA.


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Lifting of tariff on palm oil won’t affect coco industry, says CORA

May 24, 2004 - 12:00am

The Coconut Oil Refiners Association (CORA) downplayed fears its petition to lift the tariff duty on palm oil will adversely affect the ailing domestic coconut industry. "The claim of Agriculture...

Business