Southeast Asia Faces a Coconut Crisis

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Nov. 4 (Bloomberg) –- Bloomberg’s Haslinda Amin reports on the dwindling supply of coconuts due to the aging of the palm trees where they grow. She speaks to Rishaad Salamat on Bloomberg Television’s “On The Move Asia.” (Source: Bloomberg)

The army has been looking at this in singapore.

What is the issue here?

It has to do with age.

The coconut palm trees planted after world war ii are no longer producing enough.

They are aging so fast that farmers are getting less.

They're trying to find a solution to the problem has become critical.

I want to put things into perspective.

Right now, the coconut tree reduces 30 knots portray.

-- per tree.

Rejuvenated outputs could be up by 50% or 100%. what is at stake here is productivity and the livelihood of the rural asian regions.

One in five depends on coconut to some extent.

The coconut industry accounts for $1 billion of gdp in asia every year.

Indonesia is all of the global supply -- is all of the global supply.

You have to question this.

How do we get to this affair and why was is overlooked?

And has to do with the lack of government attention and greater attention was given to bigger plantations here.

We are talking about oil palm.

Take indonesia, the country's largest producer of palm oil has half of the 4 million hectares aging.

In india, the coconut has 2000 years of history.

A trial program has helped increase yield somewhat.

The coventry has been called the tree of life because of the many uses of the crop and, more importantly, millions in the world rely on it for income and

This text has been automatically generated. It may not be 100% accurate.

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