For the Cake:

1. 1. Preheat your oven to 350°F (175°C). Grease two round cake pans with butter and dust lightly with flour.
2. 2. In a large bowl, whisk together flour, baking powder, and salt until well combined. Set aside.
3. 3. In another bowl, beat together softened butter and granulated sugar until fluffy (about three minutes). Add eggs one at a time, mixing well after each addition.
4. 4. Slowly pour in the coconut milk while mixing on low speed until blended smoothly.
5. 5. Gradually add the dry ingredients into the wet mixture until just combined. Gently fold in the coconut flakes.
6. 6. Divide batter evenly between prepared pans and bake for about 25-30 minutes or until golden brown and a toothpick inserted in the center comes out clean. Let cool completely before frosting.

For the Frosting:

1. 1. In a medium bowl, beat together cream cheese and powdered sugar until smooth and creamy.
2. 2. Once the cakes are completely cooled, spread a generous layer of cream cheese frosting between the cake layers and on top of the cake.