Land Bank of the Philippines (LANDBANK) has opened a new credit facility that will fund 90 percent of borrowers’ investment requirement, but this is only if the borrower is either a farmer or a micro, small, and medium enterprise (MSME) engaged in the agricultural value chain of certain...
The Philippine government is hoping to end the more than a decade of non-compliance with the Agri-Agra Act, which requires private banks to lend a portion of their funds to farmers and fishermen. This, as the government finally issued the amended implementing rules and regulations (IRR)...
Coconut farmers are coming up with a position paper that will formally ask President Rodrigo Duterte to veto Coconut Farmers and Industry Trust Fund or the Coco Levy Act, which will pave the way for the release of the P100-billion Coco Levy Fund. (MB FILE, Keith Bacongco) Pambansang Kaisahan ng...
On the anticipated release of the P100-billion coco levy fund, another veto is coconut farmers’ last hope after the House version of Coconut Farmers and Industry Trust Fund (Coco Levy Act) was passed on third and final reading and turned out to be “worse than the Senate version of the law”....
Dismayed over the Philippines disaster responses in the recent typhoons, Business groups have urged Filipinos to move in an efficient fashion in partnership with local government units to mitigate the impact of climate change. “We express serious concern about the state of our...
The Philippines remains in a strong fiscal position to meet the financial challenges posed by the coronavirus pandemic and ride out the global economic crisis, the Department of Finance (DOF) said. Finance Secretary Carlos G. Dominguez III said the government has the financial muscles to reboot the...
