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Farm damage due to ‘Luis’, ‘Mario’ hits P3.11B

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International Finance Corp. (IFC), the private sector funding arm of the World Bank, is working with partners to design new insurance products that aim to protect Filipino farmers against costly typhoon-related losses.  AP/BULLIT MARQUEZ

The assessed farm damage caused by Typhoon “Luis” and Tropical Storm “Mario” jumped yet again to reach a total of P3.11 billion, or close to double the P1.76 billion reported three days ago.

Posted: September 27th, 2014 in Headlines,Latest Business Stories | Read More »

Malaysian firm to turn land around Maguindanao massacre site into plantation

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Maguindanao Gov. Esmael Mangudadatu (second from right). AP FILE PHOTO

Idle land around the site of the 2009 Maguindanao massacre in which 58 people were killed is up for conversion into a banana plantation and agricultural complex with amenities such as a hospital and a prayer house, Maguindanao Governor Esmael Mangudadatu announced on Saturday.

Posted: March 22nd, 2014 in Latest Business Stories | Read More »

Mindanao cacao production gets boost

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Agrarian Reform Secretary Virgilio de los Reyes. FILE PHOTO

The hot chocolate you drink in the morning may soon be coming from Mindanao.

Posted: November 27th, 2013 in Latest Business Stories | Read More »

Farm mechanization advocates to get more resources in 2014 budget

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Advocates of the greater use of machinery in farms have a golden opportunity in 2014 to tout the benefits of mechanization, if the expected increase in the budget of the Department of Agriculture delivers the desired results.

Posted: November 25th, 2013 in Headlines | Read More »

Sugar industry told to prepare for negative impact of tariff reduction under AFTA

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Labor Secretary Rosalinda Baldoz: Pay before Dec. 24. INQUIRER FILE PHOTO

Labor Secretary Rosalinda Baldoz has urged all sugar industry stakeholders to work together in finding solutions to mitigate the negative impact likely to be felt when tariff on imported sugar is reduced to five percent by 2015 from 18 percent in 2013 under the Asean Free Trade Agreement (AFTA).

Posted: August 27th, 2013 in Latest Business Stories | Read More »

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