The production of ethanol from sweet sorghum in northern Negros Occidental is on a trial run and seems very positive, Gov. Alfredo Marañon Jr. said yesterday.
But it needs more study because, on the farmer’s side, the results are not very good, as their profit margin has been small, he said.
He noted that instead of the 40 tons of sweet sorghum projected per hectare, the farmers yield was only 22 tons per hectare.
RBAP elated over removal
of restrictions on branching
MANILA –- The Rural Bankers Association of the Philippines welcomed the Monetary Board's decision to remove the restrictions on bank branching rule saying this will further widen rural banks’ customer base and increase access of rural folks to the formal banking sector.
“The Rural Bankers Association of the Philippines welcomes the decision of the BSP in lifting the limitations to branch expansions. For rural banks, it is a way of further creating growth and progress in far flung areas by providing much needed financial services like loans for farmers and micro entrepreneurs,” RBAP President Ian Pama said.
PHL, 3 other countries sign
migrant workers’ rights deal