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Crop insurance is a risk-based program that currently [when?] covers more than 100 crops [citation needed] and does not make annual subsidy payments to farmers. When crop insurance does supply monetary payments to farmers, the payments come in the form of indemnity checks that restore a portion of an actual loss.
The agrarian reform is part of the long history of attempts of land reform in the Philippines. [3] The law was outlined by former President Corazon C. Aquino through Presidential Proclamation 131 and Executive Order 229 on June 22, 1987, [4] and it was enacted by the 8th Congress of the Philippines and signed by Aquino on June 10, 1988.
The Philippines wins the Guinness World Record for the most participants in a simultaneous bamboo planting session, with 2,305 individuals participating across 19 locations in Leyte and Mindanao. [456] October 25 – Christine Opiaza finishes as first runner-up at Miss Grand International 2024 in Thailand. [457]
The department is currently led by the secretary of agriculture, nominated by the president of the Philippines and confirmed by the Commission on Appointments. The secretary is a member of the Cabinet. The current secretary is Francisco Tiu Laurel Jr., who assumed office on November 3, 2023.
To establish owner-cultivatorship and the economic family-size farm as the basis of Philippine agriculture and, as a consequence, divert landlord capital in agriculture to industrial development; To achieve a dignified existence for the small farmers free from pernicious institutional restraints and practices;
The Philippines is the world's third largest producer of pineapples, producing more than 2.4 million of tonnes in 2015. [50] The Philippines was in the top three banana producing countries in 2010, including India and China. [51] Davao and Mindanao contribute heavily to the total national banana crop. [51]
Pages in category "Insurance companies of the Philippines" This category contains only the following page. This list may not reflect recent changes. M.
Land Bank of the Philippines (LBP; often referred to simply as LandBank), is a government-owned bank in the Philippines with a special focus on serving the needs of farmers and fishermen. While it provides the services of a universal bank , it is officially classified as a "specialized government bank" with a universal banking license.