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State-owned Development Bank of the Philippines (DBP) seeks to boost the National Government’s efforts to support the local aquaculture industry through its
Published July 9, 2021, 12:51 PM
The Philippine government, in partnership with one of Thailand’s biggest agriculture and food conglomerates, has launched a credit program for local hog raisers affected by the dreaded animal disease African Swine Fever (ASF).
In a statement, the Department of Agriculture (DA), Development Bank of the Philippines (DBP), and Charoen Pokphand Foods Philippines Corporation (CP Foods), which is the Philippine subsidiary of an agro-industrial and food conglomerate in Thailand, recently launched the Swine Rehabilitation, Repopulation and Recovery Credit (Swine R3) program in Lipa City, Batangas.
The launch took place after six local government units (LGUs) in Batangas became the first ones to be granted ASF-free status in the country.