SL Agritech’s Davao hybrid project approved by BoI

22 Mar Posted by Administrator

By Janina C. Lim, Business World

THE Board of Investments (BoI) recently approved SL Agritech Corp.'s P450 million project producing hybrid rice seeds and palay to farmers.

The project will be located in Matanao, Davao del Sur. It hopes to sell 9 million kilos of hybrid rice seed and paddy rice of 1.6 million kilos to local farmers annually.

Commercial operations are due to start this month and the operation will employ around 7,000 people including farm workers.

The government has high hopes for hybrid rice technology, counting on it to help achieve self-sufficiency in the staple grain.

SL Agritech will use its own parent seeds in producing SL-8H hybrid rice seed. 

SL-8H is the firm’s leading hybrid variety with a potential yield of at least 8 tons and a record yield of 17 tons per hectare. 

Farmers from Vietnam, Bangladesh, Indonesia, Myanmar and Cambodia have adopted the SL-8H hybrid rice seed technology.

“Given the country’s limited land to expand the hectarage of rice production, using hybrid seed to increase farmers’ yields, rather than the conventional or regular seeds, is an excellent approach to further increase rice production,” the BoI said in a statement on Tuesday. 

SL Agritech Corporation is the country’s leading producer of hybrid rice.

The company to date has three hybrid rice and hybrid seed production sites operating in the country -- all registered with BoI. 

These processing facilities are in Sta. Cruz, Laguna; Lupon, Davao Oriental; and Talavera, Nueva Ecija.

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DA: Hybrid seeds, only way to be rice sufficient by 2019

20 Mar Posted by Administrator

By Catherine Joy L. Maglalang, Business Mirror

GUIMBA, Nueva Ecija—Filipino farmers, especially those growing hybrid rice, will be supported by the government, Department of Agriculture (DA) Undersecretary for Operations Ariel T. Cayanan said on Friday during the annual grand harvest festival in Barangay Triala in this municipality.

He was joined by Dr. Henry Lim Bon Liong, SL Agritech Corp. chairman and CEO; Roy Abaya, Department of Agriculture director in Central Luzon; Mayor Jose Dizon; Serafin Santos, provincial agriculturist of Nueva Ecija; and Joselito Abesamin, the municipal agriculturist.

Cayanan said the DA has asked President Duterte and Congress for a substantial budget in order to support its hybrid-rice program. He assured farmers of government support.

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Duterte eyes pact with Myanmar on food security, agriculture

19 Mar Posted by Administrator

By Jaymee T. Gamil, Philippine Daily Inquirer

NAY PYI TAW, Myanmar – The Philippine government may sign a memorandum of understanding with Myanmar on food security and agricultural cooperation on the second day of President Rodrigo Duterte’s first visit to the country.

This is part of what Duterte hopes to achieve during his two-day visit here, Philippine Ambassador to Myanmar Alex Chua said in an interview on Friday in Yangon, which was aired by the Presidential Broadcast Staff Radio-Television Malacañang.

Meanwhile, shortly after arriving here Sunday evening, Duterte will meet with members of the Filipino community in the country.

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