Economy
Rice and coconut production is the primary economic source of income for the townsfolk. Aside from farming, food processing is another source of income for the town of Dagami. Recently, an upsurge in labor export (OFWs) have contributed to remittances of income from abroad. Commercial businesses are limited to retailing while trading activities are limited to rice and copra trading.
Despite popularity of its indigenous food product - the Binagol, Dagami has yet to maximize its economic potentials, such as creation of labor during its production line, income to be generated from sales, and revenue for the local government in terms of income taxes.
Chief economic products of the municipality are the following:
- Copra
Production of copra - a by-product of coconut tree fruit is the main industry of the townfolks. The growth of local economy is highly dependent on copra production due to price fluctuation in the market of its by-products such as oil, dissicated coconuts, and other raw materials made from leaves, bark, and the coconut fruit itself.
- Rice
Rice farming is the second source of livelihood for the people of Dagami. Almost half of the land area is planted with different variety of rice stocks. It is likewise the second most traded product in the town next to copra.
- Binagol
The town of Dagami is known for its local delicacy, the "Binagol" - a sweet, glutinous mixture of cassava, legume crop and other ingredients cooked with filling made of sugar, coconut and milk placed in a coconut shell or "bagul" and wrapped with banana leaves. Dagami also has other local delicacies such as "Sagmani", and "Moron".
The "binagol" is sold in the city market primarily in Tacloban City while some reach the international markets.
- Tuba
"Tuba", is a well-known drink to Leyteños. Aside from copra production, the gathering of this product from coconut sap is another source of livelihood for Dagami-ons. "Tuba" is then traded in the market by local entrepreneurs but often sold directly by the gatherers.
Read more about this topic: Dagami, Leyte
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