Abstract / Excerpt:
The strong performance of cottage industry products in the export markets of the world has been a positive factor in buoying up our balance of payments position over the years. From 1971 to 1975, cottage products have firmly demonstrated their stability by consistently being the sixth highest Philippine exports chalking up an average annual increase of 54 percent. This remarkable feat in the highly competitive export market was further improved when cottage products products jumped to fourth place as the Philippines' leading exports earning for our country P1.6 Billion in 1976, thus, bringing economic benefits to 79,000 NACIDA-registered producers with their dependents and workers of about four millions who rely on cottage industries for their economic livelihood. Among the leading cottage products as exports are embroidery, woodcrafts, needlecrafts, fibercrafts, bamboo/ rattancrafts, shellcrafts and matweaving, in that order.
Info
| Holding Library | ADDU |
| Source Institution | The Mindanao Daily Mirror |
| Authors | Arturo F. Gaerlan |
| Page Count | 2 |
| Place of Publication | Davao City |
| Original Publication Date | October 1, 1977 |
| Tags | Cottage, Economic, Export |
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