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Banks to ramp up lending to agriculture sector

Banks are looking to increase lending to the agriculture sector this year amid better economic conditions, higher demand for agricultural loans and consolidation of government programs that would boost banks’ agricultural loan portfolio......»»

Category: financeSource:  philstarRelated NewsMay 12th, 2024

El Niño agriculture damage climbs to P6.3 billion

Damage to agriculture due to the El Niño phenomenon has increased to P6.3 billion, the Department of Agriculture reported yesterday......»»

Category: newsSource:  philstarRelated NewsMay 11th, 2024

Philippine agriculture loses over 103 mln USD due to El Nino

MANILA, May 9 (Xinhua) -- The El Nino dry spell and drought damage to Philippine agriculture has reached 5.9 billion pesos (103 million U.S. dollars), Philippine President Ferdinand Romualdez Marcos said Thursday. Marcos added that at least 3.6 million Filipinos across the country have been affected by the El Nino phenomenon. While the Philippines copes with the sweltering weather, the Southeast Asian cou.....»»

Category: newsSource:  manilanewsRelated NewsMay 10th, 2024

The Palai Inc. initiative: Advancing organic agriculture in South Cotabato

The Palai Inc. initiative: Advancing organic agriculture in South Cotabato.....»»

Category: newsSource:  sunstarRelated NewsMay 6th, 2024

Agriculture loans hit P213 billion in 2022

The share of agriculture loans and services granted by the banking sector picked up to 18.1 percent in 2022 from 17.6 percent in 2021 as the agriculture industry slowly recovered from the COVID pandemic......»»

Category: financeSource:  philstarRelated NewsMay 5th, 2024

Organic agriculture livelihood facility to rise in Victorias

Organic agriculture livelihood facility to rise in Victorias.....»»

Category: newsSource:  sunstarRelated NewsApr 21st, 2024

El Nino pattern costs Philippine agriculture over 68 mln USD

MANILA, April 19 (Xinhua) -- The El Nino dry spell and drought damage to Philippine agriculture has reached over 3.94 billion pesos (roughly 68 million U.S. dollars), official data released on Friday showed. According to the Department of Agriculture, 11 regions across the Southeast Asian country are reeling from the weather phenomenon, which has affected nearly 74,000 farmers and fisherfolk. More than 66,000 he.....»»

Category: newsSource:  manilanewsRelated NewsApr 21st, 2024

EL Niño agriculture damage balloons to P3.94 billion

Damage to the agriculture sector due to El Niño has reached P3.94 billion, covering 66,065 hectares and affecting 73,713 farmers and fisherfolk, according to the Department of Agriculture......»»

Category: newsSource:  philstarRelated NewsApr 20th, 2024

Loans to agriculture sector ‘quadrupled’ in 2023

The banking sector’s loan disbursements to the agriculture sector quadrupled last year after the government widened the number of projects considered as compliant with the 25 percent requirement, a member of the central bank’s Monetary Board said......»»

Category: financeSource:  philstarRelated NewsApr 11th, 2024

SM supports agriculture sector through farm-to-store program

The SM Group is ramping up its support for the country’s agriculture sector through a wider farm-to-store program being undertaken by food retail affiliate and community shopping mall chain WalterMart......»»

Category: financeSource:  philstarRelated NewsApr 6th, 2024

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......»»

Category: financeSource:  philstarRelated NewsMar 18th, 2024

Department of Agriculture clarifies report on armyworm infestation

Only 18 hectares of onion plantations in the country have been damaged due to armyworm or harabas infestation, according to the Department of Agriculture (DA)......»»

Category: newsSource:  philstarRelated NewsMar 16th, 2024

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......»»

Category: newsSource:  philstarRelated NewsMar 11th, 2024

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.....»»

Category: sportsSource:  abscbnRelated NewsMar 6th, 2024

Bago City welcomes KOICA consultants for smart agriculture project

Bago City welcomes KOICA consultants for smart agriculture project.....»»

Category: newsSource:  sunstarRelated NewsFeb 25th, 2024

Minister MacAulay promotes Canada s world-class products in Malaysia and the Philippines

The Government of Canada is deepening ties in the Indo-Pacific region - a key market for Canadian farmers, fishers, and the agri-food sector. February 23, 2024 - Ottawa, Ontario - Agriculture and Agri-Food Canada This week, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, visited Malaysia and the Philippines to strengthen regional partnerships and create ne.....»»

Category: newsSource:  philippinetimesRelated NewsFeb 24th, 2024

Minister MacAulay promotes Canada s world-class products in Malaysia and the Philippines

The Government of Canada is deepening ties in the Indo-Pacific region - a key market for Canadian farmers, fishers, and the agri-food sector. February 23, 2024 - Ottawa, Ontario - Agriculture and Agri-Food Canada This week, the Honourable Lawrence MacAulay, Minister of Agriculture and Agri-Food, visited Malaysia and the Philippines to strengthen regional partnerships and create ne.....»»

Category: newsSource:  manilanewsRelated NewsFeb 24th, 2024

Philippines, Canada to strengthen agriculture, tourism partnerships

The Philippines and Canada will boost agriculture and tourism partnerships as they celebrate 75 years of diplomatic ties......»»

Category: newsSource:  philstarRelated NewsFeb 19th, 2024

Philippines struggles to lower rice price despite ample supply

MANILA, Feb. 16 (Xinhua) -- The Philippines continues to struggle to lower the price of rice despite an ample supply of the national staple, a Philippine agriculture official said Friday. Agriculture Undersecretary Roger Navarro said the Philippines has enough rice supply due to a bumper harvest last year and additional importation in January. "But it's difficult to reduce prices since the cost of the gra.....»»

Category: sportsSource:  abscbnRelated NewsFeb 17th, 2024

Department of Agriculture to farmers: Replant immediately

The Department of Agriculture is urging rice farmers tilling at least 26,000 hectares to immediately replant palay after their harvest to mitigate the impact of El Niño on rice output......»»

Category: financeSource:  philstarRelated NewsFeb 16th, 2024