DAVAO CITY—A fruit exporter here entered into a trading agreement with a Singaporean fruit wholesaler in the first positive results of the investment mission mounted by businessmen here.will supply fresh and processed commodities to Bananah & Co. PTE. Ltd., a wholesale seller of fruits and vegetables.
Lalaine Lam, chief executive officer and general manager of Avante Agri, said a weekly price quotation would be prepared for the products prior to the scheduled deliveries. The agreement was finalized at the sidelines of the Mindanao business mission in Singapore this week. “We already have the vast lands and the ideal climate in Mindanao. If we pair it up with the right investments in infrastructure, processing, and renewable energy, we can scale up our trade and economic activities,” Acosta said.
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