the chamber

the chamber

YAMAN NG BAYAN Herbal Plants

50m ago
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YAMAN NG BAYAN EPISODE 3 HALAMANG GAMOT AIRING DATE APRIL 26, 2014 10:15pm HOST: LUCHI CRUZ VALDES On the third episode of Yaman ng Bayan, host Luchi Cruz Valdes looks into the abundance of medicinal plants in the Philippines and how it can be a source of major wealth for the country. The Philippines has about 3500 species of plants, 1500 of which can be classified as medicinal plants and trees. The Chamber of Herbal Industries of the Philippines, Inc., otherwise known as CHIPI, is an association of companies engaged in the manufacture, development, research, distribution and trading of herbal products. Organized in 2001 with a starting group of 12 companies, it now has over 50 of the leading companies in the Philippine natural & herbal industry and which accounts for 70% of the local natural and herbal market in the Philippines. In 2007, Department of Trade and Industry estimated that the industry earned about US$ 600million including exports, and still growing by the year. Especially that World Health Organization's study shows that 80% of the world's population depends on herbal medicines. The global market for herbal meds currently stands at $60B and is growing steadily. Department of Health listed 10 approved medicinal plants, ranging from anti cancer cure to shrubs, that has anti-inflammatory components. Get to know the people who attest to have been healed by herbal plants and witness how our local scientists discover new plants that can be key not only to modern day diseases but might ultimately cure poverty in our country.