STATE-RUN Development Bank of the Philippines (DBP) has signed an agreement with the Philippine Rice Research Institute (PhilRice) for the implementation of a program designed to enhance the delivery and distribution of seeds to rice farmers through digital technology. DBP President and Chief Executive Officer Emmanuel Herbosa said the “Binhi E-Padala” is a joint initiative with PhilRice along with PayMaya Philippines Inc. and the Nueva Ecija Seed Growers Multipurpose Cooperative (NESGMC). Its pilot implementation is expected to benefit 5,000 farmers who are based in the traditional rice-producing provinces of Tarlac and Nueva Ecija. The project is to be pilot-tested in Aliaga, Bongabon, Cabanatuan City, Cuyapo, General Natividad, Guimba, Licab, Llanera, Lupao, Nampicuan, Quezon, Rizal, San Jose City, Science City of Muñoz, Sto. It will also be implemented in Gerona, Paniqui, Pura, Ramos, Tarlac City and Victoria in Tarlac.

Source: Manila Times November 18, 2020 16:18 UTC