With the persistent threat of the coronavirus pandemic, the need for a steady food supply has never been more apparent. But as Filipino farmers continue to put themselves in the crosshairs of the disease, they are continuously met with systemic challenges, including the lack of postharvest facilities and irrigation systems, the increasing cost of producing…
The island of Negros is not only distinguished as the country’s “sugar bowl” for producing half of the country’s sugar output, it is also at the forefront of producing biomass for power generation. In its mills, sugar and renewable energy go hand in hand as bagasse, a sugarcane byproduct, is used to power equipment. Negros…
Apollo Global Capital, Inc. (APL) has raised from its recently concluded follow-on offering (FOO) as it prepares for its offshore mining project in Cagayan, the first of its kind in the country. In a press statement, APL said the funds would be used mainly for the procurement of equipment and insurance for its magnetite iron…
DMCI Mining Corp.’s profitability soared during the first semester of the year after recording about a 400-percent increase in its net income to in the same period last year. In a press release, the subsidiary of Consunji-led DMCI Holdings said it was able to ship 1.24 million wet metric tons of nickel ore between January…
The Mindanao Development Authority (MinDa) is looking to establish king crab and oyster hatcheries in a town in Zamboanga Sibugay to develop the aquaculture industry in the region. MinDa chair Emmanuel Piñol said in a Facebook post on Thursday they were in talks with Iloilo-based Southeast Asia Fisheries Development Center (Seafdec) for the provision of…
Luis Macalincag already saw the great potential of dragon fruit as a viable long-term investment when he was just 23 years old. Straight out of college, he borrowed from his grandfather and invested it in his agriculture venture. Now 34, he continues to reap the benefits of his foresight and hard work through Agbeam Farm…
A number of foreign companies have signified interest to invest in the country’s offshore mining sector, encouraged by the recent issuance of Executive Order No. 130 that lifted the moratorium on the approval of new mining permits. The Offshore Mining Chamber of the Philippines (OMCP) over the weekend said several investors from at least were…
As the coronavirus pandemic continues to have a firm grip over the globe, the Indian government has extended a $50,000 grant to the local corn sector to highlight the importance of agriculture in the face of a pandemic. Indian Ambassador to the Philippines Shambhu Kumaran, in a forum organized by the Philippine Chamber of Agriculture…
The Department of Agriculture (DA) is welcoming the new year with a new framework and renewed hopes that restructuring the agency will help it achieve its annual agriculture growth target of 2.5 percent. Agriculture Secretary William Dar, who has been steering the agency in new directions forced by the COVID-19 pandemic, recently launched the “One…
The Department of Agriculture (DA) in April announced that it would be expanding the operations of its “Kadiwa” stores by making their products and services available online, thus allowing farmers and fishers to continue selling their produce to consumers even with the movement restrictions at the height of the lockdown. The plan is for the…