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Phl eyeing abaca for overseas banknote production
The Philippine Star
|September 20, 2025
The Department of Agriculture (DA)’s fiber industry development arm is exploring the use of local abaca in banknote production with French authorities, promoting its use as part of a broader effort to strengthen the country’s fiber industry and expand international market opportunities.
‘The Philippine Fiber Industry Development Authority (PhIFIDA) yesterday said they held a meeting with Banque de France, the national bank of France, and officials from the French embassy to discuss the potential application of abaca in currency manufacturing.
This story is from the September 20, 2025 edition of The Philippine Star.
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