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3 rd Weekly Forum Meeting 27 January 2009<br />

12. In response to <strong>the</strong> question <strong>of</strong> Ms. Datukan, Mr. Ugalino mentioned that <strong>the</strong> following<br />

products are sourced by URC locally:<br />

• c<strong>of</strong>fee beans –Cavite, Batangas and Davao<br />

• corn - Cagayan De Oro, Bukidnon<br />

• potatoes - Cordilleras<br />

13. Ms. Echevarria asked when URC started and what are <strong>the</strong> projections. Mr. Ugalino said <strong>the</strong>re<br />

is high growth that it can double. The speaker again emphasized <strong>the</strong> need for quality.<br />

14. The Halal market is growing also because <strong>the</strong> Muslims are <strong>the</strong> fastest growing population<br />

expected at 5-7% per year.<br />

15. There should be a match with <strong>the</strong> potential market.<br />

16. Exporting also means being competitive which underlies <strong>the</strong> requirement to invest for<br />

promotion and support which entails spending money.<br />

17. The Chairman commented that since free flow <strong>of</strong> information is necessary, would Mr.<br />

Ugalino be open about <strong>the</strong> exchange <strong>of</strong> information, <strong>the</strong> provision <strong>of</strong> a link to <strong>the</strong> web site, and a<br />

listing <strong>of</strong> resource expertise, etc. Mr. Ugalino initially said yes.<br />

18. Mr. Yupangco asked if URC exports meats like goat. Mr. Ugalino said <strong>the</strong>y are basically in<br />

snack foods.<br />

19.. When asked to rate competitiveness in a scale <strong>of</strong> 1 to 10, Mr. Ugalino rated URC as between<br />

8 to 9. Vietnam is cheaper than <strong>the</strong> Philippines; Thailand is at par with <strong>the</strong> Philippines; and<br />

Indonesia can be more expensive than <strong>the</strong> Philippines.<br />

The President awarded to <strong>the</strong> guest speaker <strong>the</strong> certificate <strong>of</strong> appreciation. The meeting<br />

was declared adjourned at around 9:15 am. Exchange <strong>of</strong> business cards was encouraged<br />

after and private discussions.<br />

<strong>AgriBusiness</strong> and Countryside Development Foundation<br />

4

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