Thai agri-business firm to open RP unit

2007-03-20

GMA News Online

Thailand's biggest agribusiness firm has decided to expand to the Philippines by opening a shrimp hatchery subsidiary here. In a statement posted on the Thailand Stock Exchange website on Monday, Charoen Pokphand Foods Public Company Ltd. said it will be establishing CPF Philippine Corp. within the second quarter of 2007 “to expand agro-industrial business in the Philippines." Charoen is one of the world’s largest producers of shrimp and fish feed. It also produces hybrid corn, rice and fertilizers, as well as seeds and animal feeds. In its statement, Charoen said its Philippine unit has a registered capital of P50 million, or approximately 37 million baht. The firm said internally generated funds will be used to run the new unit.-GMANews.TV Read more: https://www.gmanetwork.com/news/money/companies/35055/thai-agri-business-firm-to-open-rp-unit/story/ More stories: https://www.gmanetwork.com/news/ Follow us: https://www.facebook.com/gmanews/

Swine farm project gets P116-M loan from DBP

2024-02-09

Jordeene B. Lagare

Inquirer

MANILA, Philippines — Development Bank of the Philippines (DBP) extended a loan worth P116 million for the development of a bio-secured swine farm project in Nueva Ecija province. The project involves the construction of seven duplex-type, wean-to-finish piggery buildings of iPigs Agricultural Farm located in a 12.6-hectare property in Laur town, marking the firm’s expansion in the area. iPigs Agricultural Farm, whose operations commenced in 2021, has an existing swine contract growing agreement with Charoen Pokphand Foods Philippines Corp. (CPFPC).

FTI partners with CP Foods to stabilize pork prices, supply

2025-04-01

Food Terminals Inc. (FTI), a government corporation under the Department of Agriculture, took a bold step on Friday by signing a memorandum of agreement with the local unit of Thailand’s Charoen Pokphand Foods PLC (CP Foods). This partnership aims to stabilize pork prices in Metro Manila, where consumers have been grappling with rising food costs. CP Foods, a leading integrated agro-industrial and food company, has invested heavily in expanding its operations in the Philippines. Last November, the company unveiled a P10-billion plan to build 20 new breeding farms and increase local pork production. This initiative aligns with the company’s long-term goal of ensuring a stable and sustainable pork supply in the country.

Marcos welcomes Thai firm’s interest to invest in PH agri-technologies

2023-05-30

Raymund Antonio

During the call, C.P. Group shared plans to expand its business in the Philippines, which would translate to investments worth $2.5 billion from 2023 to 2027 that would include swine ($1.3 billion), poultry ($280 million), shrimp ($800 million), and food ($120 million). “We’re very impressed with the new technologies that you use. I remember you told me that each plant farm you build is different from the last one because you immediately incorporate and adopt new techniques in technology,” Marcos told the C.P. Group executives.

MINUTES OF THE 29 6 TH REGULAR SESSION OF THE SANGGUNIANG PANLUNGSOD OF THE 7 CITY OF SURIGAO HELD AT THE SP SESSION HALL ON JULY 25, 2024.

2024-07-25

City of Surigao

LGU buys lot & builds breeder complex for lease to CPFPC.

DA partners with agro firms to produce quality, healthy swine breeders

2022-02-06

Adora Rodriguez

Department of Agriculture

To help bankroll the hog repopulation program, the DA through its Agricultural Credit Policy Council (ACPC) has allotted P800 M for lending to backyard and semi-commercial raisers in ASF green zones. Individual borrowers can avail of P300,000 up to P3M, and small enterprises and FCAs, up to P15 M. The loan has zero interest, and payable up to five years. In addition, LandBank and Development Bank of the Philippines (DBP) have allotted P30B and P12B, respectively, for lending to commercial raisers in ASF-free areas

Lead investor/operator. CPF set up CPF Philippines Corp in 2007 and has since financed all major project components (feed mills, farms, hatcheries). It injects capital for construction and operation. CP Group (owned by the Chearavanont family) is the ultimate owner. CPF’s integration ensures supply of technology, breeding stock, and access to export markets.

2024-11-21

LGU buys lot & builds breeder complex for lease to CPFPC.

2024-07-25

Financier (credit provider). DBP extended a ₱116 M loan to fund a modern bio-secure swine farm in as part of the Swine R3 program. This loan (one of the first under Swine R3) helps a local partner construct the farm, which CPFPC will utilize (the farm will supply breeders/fatteners under contract to CP). DBP and LandBank have broader credit lines (₱12 B and ₱30 B respectively) to support hog industry recovery, which indirectly supports CP’s contract growers.

2023-05-01

Partner in distribution. FTI, a govt-owned firm, signed an MoA with CP Foods PH in 2025 to distribute pork in Metro Manila. FTI doesn’t invest capital in CP’s farms, but facilitates market access (buying 100 hogs/day from CP at set price. This partnership helps achieve stable consumer prices and exemplifies public-private cooperation in the project’s distribution chain.

2025-04-01