Taiwan's Orchid growers to establish foundation to promote Oncidium.
The growers of oncidium recently announced joint establishment of a foundation to promote oncidium and are planning to raise fund of NT$5 million (US$166,667) in the first operating year of the foundation.
Insiders said that Taiwan exports about 25 million dancing-doll orchids to Japan per year, which accounts for 90% of the oncidium market there.
C. Y. Chang, chairman of Chinese Development Association of Oncidium Production and Marketing, indicated that the projected foundation is designed to help oncidium growers market their orchid plants globally and meanwhile set up export rules to avoid cut-throat competition.
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|Publication:||The Taiwan Economic News|
|Date:||Jan 10, 2012|
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