Agriculture loan guarantees reach P3.5 billion in H1
The government extended P3.5 billion in guarantees to loans in the agriculture sector in the first semester, nearly achieving the full year target of P3.7 billion......»»
Agriculture losses P1.75B due to El Niño
MANILA, Philippines — The El Niño phenomenon has cause P1.75 billion worth of damage to the agriculture sector, Presidential Communications Office (PCO) Assistant Secretary Joey Villarama said on Wednesday. Villarama, who serves as the spokesperson for the government’s Task Force El Niño, said that the group met on Tuesday where the Department of Agriculture (DA).....»»
P12 billion cash aid to rice farmers fully distributed by June – Department of Agriculture
The Department of Agriculture (DA) targets to complete the distribution of P12.09 billion cash assistance to nearly 2.4 million rice farmers by the end of the first half after the program was hindered by last year’s election ban......»»
GOCC subsidies down 18 percent to P164 billion in 2023
Budgetary support to state-run firms slipped to P164 billion last year amid a tight fiscal space but the health and agriculture sectors remain the priorities for subsidies......»»
Agriculture losses due to El Niño hit P1.23 billion
The agriculture sector has suffered P1.23 billion worth of damage due to the El Niño phenomenon since January, the National Disaster Risk Reduction and Management Council said yesterday......»»
El Nino costs Philippine agriculture up to 18.9 mln USD
MANILA, March 6 (Xinhua) -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 h.....»»
Xinhua world economic news summary at 0900 GMT, March 6
MANILA -- The Philippine government said Wednesday that the El Nino dry spell and drought has cost Philippine agriculture over 1 billion pesos (roughly 18.9 million U.S. dollars) while the climate pattern may persist till the second quarter this year. The National Disaster Risk Reduction and Management Council said El Nino has affected over 23,000 farmers and fisherfolk, damaged nearly 18,000 hectares of crop ar.....»»
‘Probe past NFA admins’ billion-peso palay sales’
Farmers’ group Federation of Free Farmers national manager Raul Montemayor asked Agriculture Secretary Francisco Tiu Laurel Jr. to include in the ongoing probe on the National Food Authority (NFA)’s questionable rice sale to some traders the alleged billions of pesos worth of fresh palay sold during previous administrations......»»
E-wallets tapped in distribution of P22.9 billion farmer subsidies
The Department of Agriculture (DA) has allowed the use of e-wallets in the distribution of P22.9 billion in subsidies to farmers......»»
DA spending P5 billion yearly for solar-powered irrigation
The Department of Agriculture aims to spend at least P5 billion annually for the construction of solar-powered irrigation systems nationwide to boost rice productivity and mitigate adverse impacts of El Niño......»»
Philippines durian, avocado, mango exports rise in 2023
MANILA, Jan. 25 (Xinhua) -- The Philippines' durian, avocado, and mango exports rose by 4,000 percent, 316 percent, and 109 percent, respectively, in 2023, the Philippines' Department of Agriculture said Thursday. The country's department of agriculture said the Philippines last year exported 4,731 tons of fresh durian worth 1.89 billion pesos (33.44 million U.S. dollars), 3,045.6 metric tons of avocado valued a.....»»
Philippines durian, avocado, mango exports rise in 2023
MANILA, Jan. 25 (Xinhua) -- The Philippines' durian, avocado, and mango exports rose by 4,000 percent, 316 percent, and 109 percent, respectively, in 2023, the Philippines' Department of Agriculture said Thursday. The country's department of agriculture said the Philippines last year exported 4,731 tons of fresh durian worth 1.89 billion pesos (33.44 million U.S. dollars), 3,045.6 metric tons of avocado valued a.....»»
P93B post-harvest facilities needed to stop rice, corn wastage
MANILA, Philippines – A total of P93 billion is required to establish adequate post-harvest facilities to prevent the wastage of corn and rice, according to Agriculture Secretary Francisco Tiu Laurel Jr. on Tuesday. Laurel said around 12.7 to 15 percent of rice production is lost due to the lack of post-harvest facilities. “Sa rice and.....»»
Vietnam s rice export hits all-time high in 2023
HANOI, Jan. 8 (Xinhua) -- Vietnam's rice export volume and prices hit an all-time high of 8.3 million tons and 4.78 billion U.S. dollars in 2023, Vietnam News Agency reported Monday, citing the Ministry of Agriculture and Rural Development. According to the ministry, Vietnam's export prices averaged 663 dollars per ton as a result of high demand. The total rice output in the country increased 1.9 percent.....»»
Vietnam s rice export hits all-time high in 2023
HANOI, Jan. 8 (Xinhua) -- Vietnam's rice export volume and prices hit an all-time high of 8.3 million tons and 4.78 billion U.S. dollars in 2023, Vietnam News Agency reported Monday, citing the Ministry of Agriculture and Rural Development. According to the ministry, Vietnam's export prices averaged 663 dollars per ton as a result of high demand. The total rice output in the country increased 1.9 percent.....»»
DA: P30.8 billion to help farmers cope with El Niño
The government has earmarked P30.8 billion in additional funds to the Department of Agriculture to support palay producers and stabilize the price of rice amid the El Niño phenomenon expected this year......»»
Agriculture sector gets bulk of subsidies
The government increased its budgetary support to state-run firms by almost 10 percent to P6.73 billion in November, with the bulk of the subsidies going to the agriculture sector......»»
Rice farmers get cash aid from excess tariffs
The Department of Agriculture has started distributing nearly P12 billion in cash aid to 2.38 million rice farmers – equivalent to P5,000 each – sourced from excess tariff collection to help sustain their productivity......»»
BOI endorses Metro Pacific’s P 3.4 billion farm projects
The Board of Investments has endorsed two agriculture projects of the Metro Pacific group worth P3.4 billion for greenlane processing......»»
COP28: US-UAE climate-friendly farming effort grows to $17 billion
The Agriculture Innovation Mission for Climate announces 27 new projects at COP28, ranging in size from $500 million to $150,000.....»»
Agriculture sector gets bulk of subsidies in October
The government slashed its budgetary support to state-run firms by close to 80 percent to just P9.2 billion in October, with the bulk of the subsidies going to the agriculture sector......»»