State-owned Landbank of the Philippines said that financing support to improve and construct farm infrastructure and post harvest facilities accounted for the bulk of its loans to the agriculture sector. In a report to Finance Secretary Carlos G. Dominguez III, Landbank said that about P94.01...
The Land Bank of the Philippines (LANDBANK) has joined the Department of Agriculture (DA) in the distribution of cash grants to Nueva Ecija rice farmers under the Rice Competitiveness Enhancement Fund-Rice Farmer Financial Assistance (RCEF-RFFA). The RCEF-RFFA program aims to provide unconditional...
The Department of Energy (DOE) is seeking additional support from oil companies so they can chip into the “Pantawid Pasada program”, which subsidizes the fuel cost for the transport sector. The DOE initiative is on top of the P1-billion fuel subsidy released by the government to assist public...
Filipino firm Panasia Energy Inc. was declared to have the ‘winning offer’ in the sale of the real estate assets in Limay, Bataan pwned by state-run Power Sector Assets and Liabilities Management Corporation (PSALM). At the bidding on Tuesday, Nov. 9, PSALM announced that Panasia Energy offered...
The Philippine Identification System or PhilSys is the government’s central identification platform for all Filipino citizens and resident aliens of the Philippines. (PSA) The Philippine Statistics Authority (PSA) has partnered with the Land Bank of the Philippines (Landbank) to assist those who...
State-run Land Bank of the Philippines (LANDBANK) is lending P500 million to the local government unit (LGU) of Pangasinan largely to help the province buy more palay direct from farmers. A statement showed that LANDBANK signed a P500-million loan agreement with Pangasinan LGU particularly to...
The Department of Agriculture (DA) has signed a memorandum of agreement (MOA) with Go Negosyo and LandBank of the Philippines (LANDBANK) to jointly implement Kapatid Agri Mentor Me Program (KAMMP), a nationwide mentoring program that targets to develop and sustain agribusiness in the Philippines....
Fiber broadband provider Converge Information and Communications Technology Solutions, Inc. took out a P3 billion term loan with state-owned Land Bank of the Philippines (LANDBANK) to fund its terrestrial and subsea domestic fiber backbone network. Meta3 The total loan package from LANDBANK also...
Motorists can now settle their traffic violation fines online with a simple click on their smart phones. CONTACTLESS FINES PAYMENT--The Metropolitan Manila Development Authority (MMDA), Landbank of the Philippines, and CIS Bayad Center, Inc. jointly launched on July 27, 2021 a cashless payment...
Senator Leila de Lima is urging the Senate to look into the validity of the reported planned merger of two state-owned banks—the Landbank of the Philippines (Landbank) and United Coconut Planters Bank (UCPB)—as well as into the anomalies that may arise if the government’s plan proceeds. De...
The Land Bank of the Philippines (LANDBANK) had so far released more than P13 billion in loans and cash grants to nearly a million farmers and fishermen for this year, the bank's latest data showed. As of May 31, LANDBANK has assisted cumulatively 2.7 million farmers and fishers nationwide, of...
The merger of government-controlled banks Land Bank of Philippines (Landbank) and United Coconut Planters Bank (UCPB) will expand and increase funding for the agricultural sector, said Landbank in a statement. Landbank president and CEO Cecilia C. Borromeo said the combining of two large banks’...
