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Landbank-financed Batangas hog farm boosts local pork production

LIPA, Batangas—Spouses Jerome and Anna Trofeo were having trouble sourcing healthy hogs to meet their customers’ requirements two years ago, with the African Swine Fever significantly affecting hog growers nationwide. Determined to keep their “Annie & Jerome Trofeo” meat stall running, Anna decided to expand their business and establish their…
Batangas City Anna Trofeo Annie Jerome Trofeo Hog Enterprises Land Bank Spouses Jerome

LandBank vows continued support to agri sector amid COVID-19 as loans reach P229.7-B in Q1

PIA NCR file photo CALOOCAN CITY, April 26 (PIA) -- The Land Bank of the Philippines (LandBank) conveyed its steadfast commitment to provide responsive financing to farmers, fishers, and other players in the agribusiness value chain during the culmination of its Online Stakeholder’s Consultation Forum recently.  LandBank President and CEO Cecilia C. Borromeo assured stakeholders of the bank’s continued efforts in addressing emerging challenges and issues faced by clients in accessing agri...
Williamd Dar Bangko Sentral Nancyd Irlanda Jesusv Hinlo Jr Ceciliac Borromeo Luis Meinradoc Pa
Source: pia.gov.ph

LANDBANK support to swine industry now at P30B

Published April 21, 2021, 10:52 AM Amid the prevalence of African Swine Fever (ASF), state-run lender Land Bank of the Philippines (LANDBANK) has doubled its credit commitment to the local swine industry from P15 billion to P30 billion. This, according to the bank, will help local pork producers and feed millers to repopulate and stay in operations amid ASF. The move came after Finance Secretary and LANDBANK Chairman Carlos Dominguez III ordered the state lender to double its support for hog ra...
Metro Manila Philippines General San Carlos Negros Occidental South Cotabato City Of Tarlac
Source: mb.com.ph

Landbank doubles funding support for distressed swine industry to P30B

SunStar + April 21, 2021 THE Land Bank of the Philippines (Landbank) is raising its available loan window in support of local pork producers and feed millers to P30 billion, from P15 billion, to finance stock repopulation and feed milling operations of stakeholders reeling from the adverse impact of the African swine fever (ASF). This came following the directive from Finance Secretary and Landbank Chairman Carlos Dominguez III for the state lender to double its support for hog rai...
South Cotabato San Carlos Negros Occidental City Of Tarlac Cavite City Sagay City

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DA's Dar calls corruption in pork MAV process unlikely but starts probe

March 17, 2021 | 8:16 pm Font Size Image via Flixtey / CC BY-SA 4.0 THE Department of Agriculture (DA) has formed a committee to investigate alleged corruption in the process of certifying that pork imports are within the minimum access volume (MAV) quota, qualifying them to pay lower tariffs, though Agriculture Secretary William D. Dar said the possibility of corruption in issuing the document is “remote.” In a statement Wednesday, Mr. Dar said the discretion of the certific...
Armandor Crobalde Jr Revin Mikhaeld Ochave Panfilom Lacson Williamd Dar Janec Bacayo Ceciliac Borromeo

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