CatSU: BSP should rethink plan to use plastic in banknotes instead of abaca

The Catanduanes State University has joined the chorus of voices opposing the plan of the Bangko Sentral ng Pilipinas (BSP) to use polymers or plastic in banknotes instead of abaca…

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Abaca farmers to get promised assistance

The National Transmission Corporation (TransCo) is reportedly set to undertake next month the hydrographic survey of the proposed route of the undersea power cable to be laid between Presentacion in…

Expect full recovery of abaca industry by mid-2022 – PhilFIDA

The Philippine Fiber Industry Development Authority (PhilFIDA) expects the abaca industry in Catanduanes to reach full recovery by the middle of 2022 from the destruction wrought by super typhoon Rolly…

PhilFIDA assures Rep. Teves on P129-M funding for abaca rehab

No less than Philippine Fiber Development Authority (PhilFIDA) executive director Kennedy Costales gave the assurance to Talino at Galing ng Pilipino (TGP) partylist Rep. Jose Teves Jr. last week that…

Abaca fiber output for January drops by 38%

The destruction of abaca plantations in southern towns by super typhoon Rolly is now beginning to be felt, with shipments of fiber bound for the mainland sharply reduced in the…

PhilFIDA to build 5 abaca processing facilities here

Starting with the P25 million abaca processing facility to be built this year in Caramoran town, the Philippine Fiber Industry Development Authority (PhilFIDA) plans to establish an additional three or…

Senators vow to follow up on aid:

PhilFIDA scored on ‘lost’ P121-M abaca rehab fund

The Philippine Fiber Industry Development Authority (PhilFIDA) came under fire last week from several senators after they learned that Catanduanes has yet to receive the P121-million funding for the rehabilitation…