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 raisers, feed millers and other industry players dealing with supply shortfalls and retail price spiral...