The Department of Agriculture (DA) is anticipating the approval of a ₱ 20 billion annual investment in the livestock sector, pending President Marcos’ signature before the end of September.
This funding is part of a broader ₱3.5 trillion investment needed to modernize the agriculture sector, according to DA Undersecretary Asis G. Perez.
The proposed Animal Industry Development and Competitiveness Act, supported by the Philippine Institute for Development Studies (PIDS), aims to strengthen regulatory institutions and support small farmers in livestock, dairy, and poultry production.
The bill has been transmitted to Malacañang, where the President has 30 days to act on it.
Perez emphasized the importance of the livestock sector in national food security and highlighted additional investments in production support systems to reduce import dependence.
Source: PhilNews24 | September 27, 2025
₱20-BILLION LIVESTOCK FUND READY FOR MARCOS’ FINAL APPROVAL
Latest from Business
The Department of Transportation (DOTr) announced that the operator of the North-South Commuter Railway (NSCR), the
Global payments leader Visa is accelerating the adoption of mobile payment services like Google Pay, Apple
Philippine Airlines (PAL) will launch thrice-weekly nonstop flights between Cebu and Guam starting December 16, 2025,
The Philippines and Singapore have begun negotiations to update their 1977 Double Taxation Agreement (DTA) to
Billionaire Manuel B. Villar Jr. is strengthening leadership at AllHome Corp. and AllDay Marts Inc. by