The Land Bank of the Philippines is hoping to extend its microfinance program to rural banks in the Visayas to enable more institutions to avail of its initial P300 million credit line.

Stella Maris Yusay, LBP first vice president for Visayas, said in her recent visit to Bacolod City that their bank recognizes that rural banks are best placed to engage in microfinancing.

Yusay said that the microfinance program, one of the two newest lending facilities of LANDBANK opened for rural banks, was launched in response to the call of government for greater and consolidated support for the microfinance sector.

DOLE forges pact with BPO group
for cyber services sector scholarship

The Department of Labor and Employment has forged a Memorandum of Agreement with other government agencies and the Business Process Association of the Philippines for the implementation of the presidential scholarship program for call center agents and other Business Process Outsourcing workers.

DOLE said in a statement that the scholarship program is crucial to sustaining the country's cyber services sector as an engine of jobs and economic growth.

Know your pig's
non-productive days; raise your profits

The non-productive days of gilts or sows, or the days when they are neither pregnant nor lactating, spell the difference between profits and losses in pig production, according to experts of the Livestock Research Division of the Philippine Council for Agriculture.

They said in a press release issued by the Department of Science and Technology on the project entitled "Monitoring of Swine Production Performance in the Philippines" that awareness among Filipino pork producers of the economic importance of non-productive days is a big step in improving efficiency in swine production that could lead to an industry more competitive in the world market.

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