Former OFW Finds New Career in Rice Farming

06 Aug Posted by Administrator

By the Philippine Star

MANILA, Philippines - A Tondo-born electrical engineer has successfully upgraded into a businessman now running 36 hectares of hybrid rice farm after having been an OFW (overseas Filipino worker) to Saudi Arabia and Japan for about 20 years.

Having been raised in a relatively crowded barangay of Manila, Tondo, Danilo Bolos, 58, never really knew anything about farming as a kid. 

“I’m not a farmer’s son,” he said.

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SL Agritech Targets Expansion to India, Myanmar

28 Jul Posted by Administrator

From ABS-CBN News

MANILA - Philippine-based rice research company SL Agritech Corp. is looking to expand its operations to India and Myanmar, its chairman said Friday.

The company may invest around $2 million to $3 million in Myanmar and are already in talks with a potential partner from India, said Chairman Henry Lim Bon Liong.

The company plans to produce seeds that will be sold to farmers, and eventually sub-contract farmers to plant these for the sale of both their seeds and their brand of rice, Doña Maria.

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SL Agritech to hike hybrid-rice seeds output in Bangladesh

01 Jun Posted by Administrator

By Jasper Y. Arcalas, Business Mirror

Local hybrid-rice seed producer SL Agritech Corp. (SLAC) said it is expanding its production of hybrid-rice seeds in Bangladesh over the next three years to help farmers in the South Asian country increase their harvest.

The company signed a memorandum of agreement (MOA) with Bangladesh-based EnP Solutions Ltd. (EnP) on Wednesday for the F-1 seed production, distribution and marketing of the SLAC hybrid-rice seed variety, SL-18H.

“We are expanding our seed production. SL Agritech has a lot of other seed varieties, such as SL-18H, which can rival SL-8H,” SLAC Chairman and CEO Henry Lim told reporters in a news briefing.

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