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$1-Billion World Bank Loan, Biggest Ever for Philippines, to Transform Agriculture
The Philippines has secured its largest-ever loan from the World Bank, with the Washington-based multilateral lender approving $1 billion on Friday, March 27. This funding will support the Philippines Sustainable Agricultural Transformation Project (PSAT), which will be implemented by the Department of Agriculture (DA) and is expected to benefit at least five million farmers nationwide. PSAT aims to boost agricultural productivity, promote diversification, and enhance the cli
Mar 291 min read


Government urges parliament to approve doubling the crop insurance subsidy
Philippines Congress is likely to consider a request from the government to double the crop insurance subsidy it pays to the country's...
Oct 10, 20252 min read


DA prepares $70 million agricultural insurance pool
MANILA, Philippines — The Department of Agriculture (DA) is securing a $70-million insurance fund with support from the World Bank to...
Aug 29, 20252 min read


Unlocking resilience: The future of agriculture insurance in PH
By Michael F. Rellosa Imagine being a farmer in the Philippines, your livelihood tied directly to the land, your family’s future...
Aug 28, 20253 min read


Fostering Resilience: Engaging the Private Sector in Agriculture Insurance
The Asian Development Bank (ADB) organized a seminar titled "Fostering Resilience: Engaging the Private Sector in Agriculture Insurance"...
Jun 25, 20251 min read


How the insurance industry can contribute to food security
By Michael F. Rellosa Why does the Philippines import food when we can grow it? The Philippines is a beautiful country with rich soil,...
Jun 5, 20253 min read


OIC and NESDB collaborate to advance weather-index insurance project for farmers affected by Nat CATs
The Office of Insurance Commission (OIC) secretary-general Chuchat Pramulpol and the Office of Agricultural Economics (OAE)...
May 7, 20251 min read


Hunger knocks on door as Philippine farmers vanish
The farmer from the surf town of San Juan, La Union province in northern Philippines has spent most of his life under the sun, working...
Apr 11, 20255 min read
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