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Senator Robin Padilla is seeking a review of a plan to merge the operations of the Overseas Filipino Bank (OFBank) and Land Bank of the Philippines, noting the different mandates of the two entities. Padilla filed Senate Resolution 1281, urging the appropriate government agencies to review and reassess such a proposal, citing the need for […]
Surigao del Sur Representative Johnny Pimentel has high hopes that the national government will receive bigger cash dividends from the Land Bank of the Philippines (LBP) after its planned merger with the Development Bank of the Philippines (DBP). “There’s no question that the business combination will create a larger Land Bank with a greater capacity […]
The minority bloc in the House of Representatives will not oppose the planned merger of the Land Bank of the Philippines (LBP) and the Development Bank of the Philippines (DBP) if the former’s mandate to provide direct credit support to small farmers and fisherfolk is kept intact. “We must stress that Land Bank is duty […]
Rightsizing should be done to better manage extension services for farmers and fisher folk, and a way to do it is to merge the Department of Agriculture (DA) and the Department of Agrarian Reform (DAR). Senator Kiko Pangilinan made the proposal recently as the Senate began its plenary deliberations for the 2021 national budget. “The […]