MANILA -- Socioeconomic Planning Secretary Ernesto Perniayesterday said the strong trade growth keeps the Philippine economy on its upward trajectory.
Philippine Statistics Authority's report indicated that total trade grew to USD 11.3 billion in February 2017, backed by imports growing by 20.3 percent and exports growing by 11 percent, recording its second consecutive double-digit growth this year.
“The performance of trade in the first two months of the year is a good indication that we are on an upward trajectory. With ASEAN chairmanship and China's rebalancing to a more consumer-oriented growth, the Philippines is expected to have expansions in terms of products and markets,” Pernia said in a statement.
Manapla farmers installed
Another batch of agrarian reform beneficiaries were installed by the Department of Agrarian Reform I in Manapla town recently.
Installed were the 43 farmers of Hacienda Unson in Brgy. Teresa, Manaplaon the 41.2 hectares land formerly owned by Gabriel Unson.
The activity was initiated by Department of Agrarian Reform Municipal Officers of Manapla by virtue of the Certificates of the Land Ownership Award or CLOA that were issued to the beneficiaries ahead of the installation. that was conducted by MARPO Ma. Victoria Delgado.
PUNLA turns over swine to Bais
The Department of Agriculture-Negros Island Region recently named the Negros Oriental Multi-Purpose Agri-Coop as its first grantee for Program of the Unified Lending to Agriculture, or PUNLA, in Bais City.
PUNLA is a program of the DA intended for Special Areas for Agricultural Development, of which Negros Oriental is one of the identified provinces in the country. The DA, through its conduit partner, the Agricultural Credit Policy Council has approved some P5 million for the PUNLA program of the province.
DA-NIR regional director Joyce Wendam said NOSMAC was identified as it is well-established and a very responsive cooperative of sugarcane farmers. NOSMAC will act as the big brother to the small sugar cane farmers with farm area not exceeding 3 hectares, most especially Agrarian Reform Beneficiaries Organizations.