{"id":21009,"date":"2014-08-05T18:23:32","date_gmt":"2014-08-05T10:23:32","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=21009"},"modified":"2014-08-07T18:28:44","modified_gmt":"2014-08-07T10:28:44","slug":"large-scale-comml-farming-seen-to-address-poverty","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2014\/08\/05\/large-scale-comml-farming-seen-to-address-poverty\/","title":{"rendered":"Large scale comm\u2019l farming seen to address poverty"},"content":{"rendered":"
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MANILA \u2013 Investors in the agriculture sector believes that large-scale commercial farming of various industrial crops and technology adaptation can be a powerful poverty alleviation key for the country.<\/p>\n

Industry players said in a Go Negosyo forum held at the Manila Polo Club that sugar, rice, and oil palm cultivation would improve agriculture share to the gross domestic product (GDP).<\/p>\n

\u201cWe are businessmen, when we see market deficiencies; we look into it and do something. The view of most Filipinos about agriculture is that it\u2019s business for the poor,\u201d said businessman Manuel V. Pangilinan, as quoted in a Philippine Star report.<\/p>\n

Pangilinan is the managing director and CEO of Hong-Kong-based First Pacific which has agricultural investments via Indofood.<\/p>\n

First Pacific acquired a 34 percent share in one of the largest sugar millers in the country, Roxas Holdings Inc.<\/p>\n

\u201cThe question of channeling credit to farm- ers, the essential thing is to improve the credit quality of farmers. We have to ensure that the business of the farmers is good in the general sense,\u201d he said.<\/p>\n

He added that the government may help invest in the farming industry as it will help in the country\u2019s poverty reduction programs.<\/p>\n

\u201cWe have to get into commercial farming. We have to let the private sector in but where do we get the land,\u201d he said. \u201cIf we can get into the commercial sense, business will come in and prosperity will follow.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

MANILA \u2013 Investors in the agriculture sector believes that large-scale commercial farming of various industrial crops and technology adaptation can …<\/p>\n","protected":false},"author":44,"featured_media":10679,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[7169,611],"class_list":["post-21009","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-commercial-farming","tag-poverty","mauthors-lei-fontamillas","mauthors-philippine-canadian-inquirer"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/21009","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/44"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=21009"}],"version-history":[{"count":0,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/21009\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/10679"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=21009"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=21009"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=21009"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}