Friday, August 2, 2019

Landbank to increase loans to Mindanao agriculture sector

Mindanao, being the country’s food basket, will definitely receive greater focus in the Landbank of the Philippines' bid to increase lending to the agriculture sector.
Landbank to increase loans to Mindanao agriculture sector
Mindanao, being the country’s food basket, will definitely receive greater focus in the Landbank of the Philippines' bid to increase lending to the agriculture sector.
Landbank to increase loans to Mindanao agriculture sector
QUICKNEWS | Mindanao, being the country’s food basket, will definitely receive greater focus in the Landbank of the Philippines' bid to increase lending to the agriculture sector. This is according to Landbank President and Chief Executive Officer (CEO) Cecilia Borromeo, in a report by Philippine News Agency. The CEO said loans to the sector is the highest among domestic banks and their borrowers are all over the country. President Rodrigo R. Duterte in his State of the Nation Address this year, directed Landbank officials to submit to him by the end of this month an action plan that details how the bank will increase lending to the agriculture sector.
PHILIPPINE NEWS AGENCY | AUGUST 2019
TALKING POINT
“But since Mindanao is the biggest agricultural area, then Mindanao will continue to get a very large chunk of our loans to the agri,”
Landbank President and CEO Cecilia Borromeo
Budget allocated for CDO - Iligan Alternate Route
QUICKNEWS | Government document shows that budget has been allocated for Cagayan de Oro - Iligan Alternate route as the project appeared in Annual Procurement Plan of DPWH Lanao del Norte 2nd District Engineering Office. The project route for first and second package, as stated in the said document, will start in Brgy Bulua in Cagayan de Oro City and it will end in a place named "Digkilaan" which is not specified whether it is referring to the barangay in Manticao in Misamis Oriental or to a barangay in Iligan City. READ MORE
GOVERNMENT DATA | AUGUST 2019
P4.77 Billion
This is Davao City's total operating income last 2018, biggest in Visayas and Mindanao. READ MORE

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