Smarter News Now
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
No Result
View All Result
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
No Result
View All Result
Smarter News Now
No Result
View All Result
Home Investing News

3 companies invest P468M for banana plantation in former Maguindanao conflict zone

by
August 9, 2022
in Investing News
0
3 companies invest P468M for banana plantation in former Maguindanao conflict zone
0
SHARES
8
VIEWS
Share on FacebookShare on Twitter
BARMM-PIO

A FORMER combat zone between Moro rebels and government forces in the small town of Matanog in Maguindanao province has been transformed into a banana plantation with a P468-million outlay from three companies, the Bangsamoro investment board said.   

“The whole fields before were once a war zone and now an economic zone in the region,” Regional Bangsamoro Board of Investments (BBOI) Board Governor Mohammad Omar Pasigan said in a statement on Tuesday.   

The three firms operating in the area are Usman Banana Farm-Cardava, which invested P277.7 million, Tayan Banana Farm-Cavendish with 128 million, and Abai Banana Farm-Cavendish, P62 million.  

A combined 519 locals have been employed, mostly former combatants, the board said.  

Regional officials visited the farm last week in southern Philippines where Cavendish and Cardava varieties are grown.   

“Our office encourages investor-friendly and effective partnerships among registered companies in the region. Hence, visiting them is essential to ensure our continued sharing of knowledge with the companies that may benefit them in the scope of their business,” Mr. Pasigan said.  

He said the BBOI provides full support services from investment procedures to marketing assistance.  

“We could help the company with their marketing and promotions, avail of incentives, and provide all the necessary information needed to help grow their business to its maximum potential,” he said. — MSJ

ShareTweetPin

Related Posts

Stocks decline on profit taking, recession fears
Investing News

Stocks decline on profit taking, recession fears

August 23, 2022
Peso climbs vs dollar as RTB offer starts
Investing News

Peso climbs vs dollar as RTB offer starts

August 23, 2022
PNR cancels bids for 3 projects after finding them ‘non-feasible’
Investing News

PNR cancels bids for 3 projects after finding them ‘non-feasible’

August 23, 2022
Senate grills Rodriguez on approval procedures for sugar import order
Investing News

Senate grills Rodriguez on approval procedures for sugar import order

August 23, 2022
Trade dep’t expecting sugar price monitoring report by Friday
Investing News

Trade dep’t expecting sugar price monitoring report by Friday

August 23, 2022
Fisherfolk seek halt to reclamation on municipal fisheries
Investing News

Fisherfolk seek halt to reclamation on municipal fisheries

August 23, 2022
Next Post
Cebu City rushes to address flooding problems

Cebu City rushes to address flooding problems

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Email Address *
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
 

Recommended

Aldi gives second pay rise in year amid high demand for UK workers

Aldi gives second pay rise in year amid high demand for UK workers

July 26, 2022
Hearing for Marcos ill-gotten wealth case moved by court

Hearing for Marcos ill-gotten wealth case moved by court

July 7, 2022
Petrol prices: cost of filling family car hits £100 for the first time

Petrol prices: cost of filling family car hits £100 for the first time

June 10, 2022
G20 talks overshadowed by Ukraine war as host Indonesia seeks consensus

G20 talks overshadowed by Ukraine war as host Indonesia seeks consensus

July 15, 2022
European official raises alarm about Russia flying Western-made airplanes

European official raises alarm about Russia flying Western-made airplanes

June 15, 2022
BoP deficit hits $1.57 billion in June

BoP deficit hits $1.57 billion in June

July 20, 2022
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2022 SmarterNewsNow.
All Rights Reserved.

Disclaimer: SmarterNewsNow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

No Result
View All Result
  • About Us
  • Contact Us
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Terms & Conditions
  • Thank You

Copyright © 2020 SmarterNewsNow. All Rights Reserved.