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Farm sector still reels from wrath of ‘Pablo’

The lingering effects of Typhoon “Pablo,” which devastated parts of Mindanao in late 2012, continue to take their toll on the domestic economy as production of bananas in the first quarter dropped 6.3 percent year-on-year to just about 2 million metric tons (MT).

Posted: June 30th, 2013 in Headlines | Read More »

Rehab of banana plantations set

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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

Japanese firm Sumifru Banana Corp., Land Bank of the Philippines and banana growers in areas hard-hit by Typhoon “Pablo” are set to sign a tripartite agreement to rehabilitate affected banana plantations in Davao Oriental and Compostela Valley.

Posted: January 6th, 2013 in Latest Business Stories | Read More »

San Miguel’s 2012 CSR spending hits P1B

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san-miguel

Diversified conglomerate San Miguel Corp., which became one of the largest corporate donors in the country’s history this year, has reiterated its thrust of engaging stakeholders through corporate social responsibility programs.   According to the company, its various operating units had spent P830 million for various CSR activities in 2012, including a massive grant made [...]

Posted: December 30th, 2012 in Editor's Pick,Headlines | Read More »

Aboitiz accepting donations for ‘Pablo’ victims

The Aboitiz Group, led by the Aboitiz Foundation, is now accepting donations for victims of supertyhoon ‘‘Pablo” which devastated parts of Mindanao last week.

Posted: December 13th, 2012 in Latest Business Stories | Read More »

‘Pablo’ farm damage at P11.23B; bananas hit hardest

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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

Damage to agriculture due to Typhoon “Pablo” has reached P11.23 billion as of Dec. 10, 2012, the Department of Agriculture (DA) reported Tuesday.

Posted: December 12th, 2012 in Latest Business Stories,Photos & Videos | Read More »

Storm-stricken banana farmers seek gov’t help

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SMALL banana growers in the Davao del Norte and Compostela Valley provinces are asking for government assistance after their farms were severely damaged in the wake of a supertyphoon.

Posted: December 8th, 2012 in Headlines | Read More »

Banana growers in Mindanao lose $318M

Cavendish bananas from Mindanao. INQUIRER FILE PHOTO

The Philippines, the world’s third largest exporter of bananas, lost a quarter of its crop in Typhoon “Pablo,” an industry group said Thursday, adding that it has also likely spread a destructive pest.

Posted: December 7th, 2012 in Latest Business Stories | Read More »

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