More than 100 farmers and farm workers became beneficiaries of the first bungkalan - land cultivation- in the Philippines under Duterte regime. Farmers collectively cultivated 7.9 hectares which is part of the 700 hectares Sanson landholding covering about 17 villages of the said town.
Land Bank of the Philippines (LandBank) and the government of Japan have signed a loan agreement worth almost ¥5-billion to fund a five-year project that aims to jumpstart agribusiness investments in the Autonomous Region in Muslim Mindanao (ARMM).
Philippines Trade Secretary Ramon M. Lopez said the Malaysian proponent is keen on tapping 200 to 300 hectares of land for the palm-oil plantation. He added that the project is purely a private-sector undertaking.