NDA administrator Marcus Antonius Andaya said they are now studying the possibility of seeking a new round of funding from the US as the P1.56-billion four-year grant under the US PL480 program will end this year.
While waiting for a possible foreign funding, the NDA would capitalize on available domestic budget such as those from the General Appropriations Act and the agency's share from the Coconut Farmers Industry Development Plan to import cattle.
The NDA needs at least P1 billion annual budget, double than its current funding of at least P500 million, to achieve its goal of increasing the country's milk production.
Bu hikaye The Philippine Star dergisinin October 23, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Philippine Star dergisinin October 23, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
Moving stories of 2024
The year 2024 is poised to be another record year post-pandemic for the automotive industry. Sales are estimated to be around 460,000, surpassing last year's 441,000 vehicles sold.
Philippine Luxury Residences: A Market Defined by Growth and Sustainability
The Philippine real estate market remained robust in 2024, with the luxury residential segment emerging as a key driver of growth.
Power Sector to See Brighter Days in 2025
Brighter days await the Philippine energy sector, with no power alerts expected in the year ahead amid intensified efforts to strengthen the country's supply, placing renewables at the forefront.
Top 10 energy news of 2024
Here is my list of the most significant power and energy stories for 2024.
DTI exceeds 2024 investment targets
FEARLESS FORECASTS, TOP PERFORMERS, KEY TRENDS
SM Approaches 2025 With Cautious Optimism
The SM Group is approaching the coming year with cautious optimism, encouraged by the continued growth of the Philippine economy.
Ahead of the curve: Top business trends for 2025
Navigate the future with these emerging opportunities
Freelancing and financial freedom: Boosting the economy one project at a time
The gig economy in the Philippines is a rising giant
Shop wherever, whenever: The future is e-commerce
The industry shows tremendous growth in the Philippines
AI for MSMEs: Looking through changes toward progress
For smaller businesses, AI poses both opportunities and risks