We are sorry, the requested page does not exist
ADB approves USD 100 mln loan to support small and medium-sized enterprises in Sri Lanka
Manila [Philippines], March 19 (ANI): The Asian Development Bank (ADB) has approved a USD 100 million loan to provide small and medium-sized enterprises (SMEs) in Sri Lanka more access to finance and build their resilience to external shocks, such as the economic crisis and climate change. SMEs play a critical role in Sri Lanka's economy, contributing 52 per cent to the country's gross domestic product and employ 45 per c.....»»
DBP extends P1.4 billion loan for Mindanao hydropower project
State-run Development Bank of the Philippines (DBP) has extended a P1.4-billion loan financing for a hydropower project in Bukidnon as part of efforts to shift to clean energy in the country......»»
ARBO value-chain strategy offers solid ground for MASAGANA rice program
The value chain strategy for agricultural products, which the Department of Agrarian Reform piloted in 2013, particularly on farm clustering, marketing, and linking smallholders to providers of inputs and credit, would be a solid ground for the four strategies of the Department of Agriculture’s MASAGANA Rice Industry Development Program (MRIDP). The DAR’s ARBO (Agrarian Reform Beneficiaries Organization) clustering program, in partnership with Caritas’ Catholic Relief Service, was piloted in 2013 in Bukidnon (in three sites) and Misamis Oriental (two sites). Phase 1 involved linking ARBs with the corporate supply chain, which lasted until 2015, said Assistant Director Lita Rosales of DAR’s Bureau of Agrarian Reform Beneficiaries Development. Then Phase 2—from 2015 to 2017—involved linking farmer smallholders to markets with microfinance. The sites involved in this phase expanded to 98. Phase 3 after 2017 (which was disrupted a bit by the pandemic) already covered 150 sites of clustered farms in practically the entire country, she explained. DAR’s mandate was always to work with ARBOs and clusters formed by them, which DAR linked with suppliers of farm inputs, corporate markets, and providers of farm machinery and post-harvest technologies. The DAR’s ARBO program covered farm clusters producing coconut, corn, sugar, cacao, coffee, livestock, poultry and fisheries, and even rice. With the MIRDP set to be fully adopted, the wealth of experience of ARBOs can hasten the learning curve of newly-organized clusters to be formed by the different attached agencies of the DA. These include the irrigators associations (both national and communal irrigation systems) of the National Irrigation Administration (NIA), the SWISAs (or small water irrigation systems associations) of the Bureau of Soils and Water Management (BSWM), and rice farm cooperatives registered with the Cooperatives Development Authority (CDA). Farmer-members of these groups must be registered with the Registry System for the Basic Sectors in Agriculture (RSBSA) to avail of government interventions. The DA met with DAR and BSWM last 12 July to discuss how the clustering of farmers would be expedited and a follow-up meeting for this purpose has been set for 16 August. Since ARBOs are covered by the Agrarian Production Credit Program (APCP) jointly implemented by the DA, DAR, and the Land Bank of the Philippines, they can avail of loans under the program and in turn, re-lend to eligible ARBs to finance their agri-production projects and activities. The APCP aims to achieve sustainable crop production and increase the incomes of ARBs and their households through the provision of credit and capacity-building assistance. The other DAR programs for ARBOs that could jibe with the thrusts and strategies of MIRDP are stocks and market liberalization, land reform (including the development of land markets), agro-processing and input supply channels, urban finance, and market institutions. MRIDP's MASAGANA stands for MAtatag (climate change adaptation or resiliency), SAma-sama (clustering and consolidation of farms), GAnado (motivated farmers in the rice value chain), and NApapanahon (digital transformation to improve farming practices and program implementation). "MAtatag" aims to boost farmers' climate change resiliency by adjusting the planting calendar during the wet season, shifting main production to the dry season, and promoting crop diversification and crop-livestock-fisheries integration using balanced fertilization, proper irrigation, and other climate-smart practices. "SAma-sama" seeks to create economies of scale by clustering farmers and consolidating farms at the barangay and municipal levels and converging interventions. They will be linked to millers and the NFA, enabling cooperation between farmers, millers, and government institutions to achieve better prices, better quality rice, and appropriate seed distribution. This, too, is the essence of "GAnado", or the value chain approach. "NApapanahon" supports the first three approaches by providing timely and accurate information for decision-making, making interventions digitally based, location-specific, and efficient. The MIRDP will support rice clusters with seeds, fertilizers, and soil ameliorants; training-related activities; credit programs and loan facilities; crop insurance; market assistance; irrigation projects (NIS, CIS, and Small Water Impounding Projects), production and post-harvest machinery and equipment and facilities. The post ARBO value-chain strategy offers solid ground for MASAGANA rice program appeared first on Daily Tribune......»»
Landbank lends P2.6 billion for hydropower plant
State-run Land Bank of the Philippines (Landbank) has extended a P2.6-billion financing for a hydropower plant project in Bukidnon as part of the country’s efforts to shift to clean energy......»»
Ombudsman junks case vs suspended Tabuk City, Kalinga mayor
Tabuk City, Kalinga province Mayor Darwin Estranero will be back to work on April 1 after the case filed against him in connection to the alleged overpricing of medical equipment for his town was dismissed by the Office of the Ombudsman......»»
ED attaches asset worth Rs 70 lakh in bank fraud implicating Hyderabad-based Jasleen Enterprises
New Delhi [India], March 28 (ANI): The Directorate of Enforcement (ED) has attached an immovable property valued at Rs 70 lakh in a bank fraud case involving Jasleen Enterprises headquartered in Hyderabad. The Hyderabad division of the ED attached the fixed asset in accordance with the stipulations outlined in the Prevention of Money Laundering Act (PMLA) of 2002. ED initiated investigation on the basis of First Informati.....»»
Casino gaming around the globe
Gaming has always been a popular human activity. Long before land-based casinos were built, casino games existed and flourished. Bingo, for example, first appeared in.....»»
Money lending firm collector killed in Zamboanga del Sur ambush
Gunmen killed a collector of a local money lending firm in a daytime ambush in Barangay Lutlutan in Dimataling town, Zamboanga del Sur on Wednesday......»»
ANZ raises Philippine inflation forecast to 3.8% this year
ANZ Research hiked its inflation forecast for the Philippines to 3.8 percent this year, from 3.5 percent previously, as risks may drive inflation up to above the central bank’s two to four percent target in the coming months......»»
Infrastructure projects get better loan terms from Japan
The Philippines has secured better financing terms for two big-ticket infrastructure projects funded by the Japanese government aimed at improving public transport and road connectivity......»»
Oplan Harabas yields 3 drivers positive for drugs
FOLLOWING the surprise drug test conducted by the Land Transportation Office (LTO)-Davao and the Philippine Drug Enforcement Agency (PDEA) on public utility vehicles (PUVs) last March 26, 2024, two taxi drivers in Davao City were found to be positive for drugs......»»
Thousands join Porac town earthquake drill
Thousands join Porac town earthquake drill.....»»
Ati tribe fenced off in Boracay
Tension has sparked in Boracay after security guards allegedly fenced off parcels of land owned by members of the Ati tribe......»»
DOTr: 2.2 million more plastic cards to be delivered
Transportation Secretary Jaime Bautista inspected yesterday the one million delivered plastic cards to be used for the printing of driver’s licenses, at the Land Transportation Office central office in Quezon City......»»
Pause
Like the biblical exodus, the Holy Week period has always ushered in so much travel of people going out of town, or trips abroad for the rich ones......»»
3 suspected rebels killed in clash in Philippines Batangas
MANILA, March 26 (Xinhua) -- Three suspected rebels were killed in a clash with government forces in Batangas province, south of Manila, on Tuesday, the Philippine military said. The military said a 30-minute gunfight broke out around 6:30 a.m. local time after the troops ran into a group of New People's Army (NPA) rebels in Rosario town. The troops recovered three rifles, six jungle packs, and some mater.....»»
Xinhua world news summary at 1530 GMT, March 26
MANILA -- Three suspected rebels were killed in a clash with government forces in Batangas province, south of Manila, on Tuesday, the Philippine military said. The military said a 30-minute gunfight broke out around 6:30 a.m. local time after the troops ran into a group of New People's Army (NPA) rebels in Rosario town. (Philippines-Clash) - - - - BEIRUT -- Two people were killed and nine other civ.....»»
Filinvest Invests P16B in Ciudad BTO Project
The development of Ciudad will finally be realized after the Province of Cebu turned over Friday a parcel of the property to homegrown developer Filinvest Land, Inc. (FLI) through a build-transfer-operate (BTO) engagement. Cebu Gov. Gwendolyn Garcia and Tristan Las Marias, FLI president and CEO, formally kicked off the project in simple ceremonies onsite on […].....»»
Man shot dead while answering phone call in Minglanilla town
Man shot dead while answering phone call in Minglanilla town.....»»
17 killed as truck loaded with sand collides with passenger van
COTABATO CITY (MindaNews /25 March) – Seventeen persons were killed when a truck loaded with sand collided with a passenger van in Antipas, North Cotabato Monday noon. Captain Godofredo Tupas, Chief of Police of Antipas town said the collision happened along a curve at the boundary of Barangay Greenhills and Lohong at 12:48 p.m. The van […].....»»