5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
  • Top News
  • Economy
  • Forex
  • Investing
  • Stock
  • Editor’s Pick
No Result
View All Result
5G Investment News
No Result
View All Result
Home Stock

Cold storage hubs due for completion in Bicol, Mindoro, Taguig, Cabanatuan

by
December 30, 2025
in Stock
0
Cold storage hubs due for completion in Bicol, Mindoro, Taguig, Cabanatuan

Cold storage hubs due for completion in Bicol, Mindoro, Taguig, Cabanatuan – BusinessWorld Online


      
      
      
      
      








PHILSTAR FILE PHOTO

The Department of Agriculture (DA) said four major cold storage facilities in various locations are due for completion next year.

The DA said cold storage facilities with a capacity of 4,000 to 5,000 pallet positions each are being constructed in Pili, Camarines Sur; San Jose, Occidental Mindoro; Taguig City; and Cabanatuan City.

The department said it will also roll out some 60 modular cold storage units, each the size of a standard 40-foot shipping container and designed to be easily transportable.

“This is the first time that the DA will roll out this massive cold storage system. All of these will be deployed and finished next year,” Agriculture Secretary Francisco Tiu Laurel, Jr. told reporters at a briefing last week.

Aside from cold storage hubs, the DA is also expanding the network of drying and rice processing systems, to reduce losses and improve the quality of agricultural produce.

The DA said it completed the construction of 145 rice processing systems (RPS) between 2023 and 2025, with nine more units expected to be operational by March. It is also planning to build 370 additional drying systems in major rice-producing provinces.

Rice processing systems are integrated facilities that include mechanical dryers, rice mills, and related equipment designed to improve the efficiency of drying and milling palay (unmilled rice).

Mr. Laurel said the new facilities are expected to result in the recovery of about 7% more rice during processing, thereby increasing farmer incomes.

“The difference between the price of wet and dry palay is P4 to P5. If the cost to dry palay is just P2, that means there’s an additional P2 for farmers,” he said. — Vonn Andrei E. Villamiel

CEDTyClea

RELATED ARTICLESMORE FROM AUTHOR




MORE STORIES


Previous Post

LIMA Technology Center warehouse project starts construction with cost estimated at P950 million

Next Post

Fil-Chinese chamber sees tax audit reform as positive signal to global investors

Next Post
Fil-Chinese chamber sees tax audit reform as positive signal to global investors

Fil-Chinese chamber sees tax audit reform as positive signal to global investors

Enter Your Information Below To Receive Free Trading Ideas, Latest News And Articles.







    Fill Out & Get More Relevant News





    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.
    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    Recommended

    A third of UK businesses plan AI investment in 2026 as confidence ticks up

    A third of UK businesses plan AI investment in 2026 as confidence ticks up

    December 30, 2025
    £10m in late payments recovered for small firms by Small Business Commissioner

    £10m in late payments recovered for small firms by Small Business Commissioner

    December 30, 2025
    Filipino teacher earns royal recognition from King Charles III  

    Filipino teacher earns royal recognition from King Charles III  

    December 30, 2025
    UK electricity demand rises for second year running as EVs, heat pumps and AI drive surge

    UK electricity demand rises for second year running as EVs, heat pumps and AI drive surge

    December 30, 2025

    Disclaimer: 5GInvestmentNews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 5GInvestmentNews. All Rights Reserved.

    No Result
    View All Result
    • Home
    • Privacy Policy
    • suspicious engagement
    • Terms & Conditions
    • Thank you

    © 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.