Business NEWS

There’s been a pronounced disinterest in agriculture as a career in the past several years. The good news is that there are organizations that offer scholarships to students who want to become a part of the country’s agricultural sector.

Senatorial candidate Gilbert “Gibo” Teodoro on Monday said the government should ease the requirements and processes for micro, small and medium enterprises (MSMEs) that seek loans in state-owned banks such as the Land Bank of the Philippines (LandBank) and the Development Bank of the Philippines (DBP)

Landbank extends financial assistance to members of the Progressive Women Agrarian Reform Cooperative (PWARC), allowing it to grow from a small organization in this remote Capiz town, into a successful and thriving cooperative.

The House of Representatives ratified House Bill (HB) 10689, a bill aimed toward combating “phishing,” online fraud, and other forms of cybercrime following the recent spate of alleged phishing and hacking incidents involving Banco De Oro (BDO) and Land Bank of the Philippines (LBP).

The Department of Education (DepEd) on Monday, Jan. 24, urged its personnel to immediately report any issues related to their payroll accounts to their respective schools division offices.

The Department of Education (DepEd) on Monday, Jan. 24, said that it is taking steps to validate the report on the alleged hacking of some bank accounts of public school teachers.

The Government Service Insurance System (GSIS) and Social Security System (SSS) topped the list of state-run firms in terms of income for 2020 but both also registered the largest amount of expenditures during the year that the 2019 coronavirus disease (COVID-19) pandemic hit the country, the Commission on Audit has revealed.

The Land Bank of the Philippines (LANDBANK) has opened its first Agri-Hub in Central Luzon located in Rizal, Nueva Ecija as part of efforts to be more accessible to farmers and fishermen.

The Department of Finance (DOF) has directed the Government Service Insurance System (GSIS) and the Land Bank of the Philippines to assist the Philippine Crop Insurance Corp. (PCIC) in managing the risks and enhancement of its investment portfolio.

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.

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 Philippine Statistics Authority (PSA) has partnered with the Land Bank of the Philippines (Landbank) to assist those who are traditionally excluded from the banking system open their first transactional accounts through the Philippine Identification System (PhilSys).

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.

Motorists can now settle their traffic violation fines online with a simple click on their smart phones.

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.

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.

President Duterte has approved the merger between the Land Bank of the Philippines (LBP) and the United Coconut Planters Bank (UCPB) to “strengthen capability to deliver financial services” to coconut industry and the agricultural sector.