Dole Philippines Inc. (DOLEFIL) #38027

Created at
2014-04-28
Last update
2025-08-28

2. Data source #ehIP_GN2

Type
Media report
Publication title
Co-op’s pineapple venture gets Landbank loan
Date
2023-04-24
Name
Jordeene B. Lagare
Organisation
Inquirer
Comment on data source
MANILA -An agricultural cooperative in a South Cotabato town has secured funding from state-run Land Bank of the Philippines (Landbank) to scale up its production of pineapples and pineapple fibers. In a statement, Landbank said it recently granted a P224-million loan to the T’Boli Farm Growers Multi-Purpose Cooperative which will be utilized to expand its operations and output. A large chunk of the Landbank financing—some P180 million—will augment the co-op’s working capital requirements to acquire farm inputs and cover other related costs.

3. Data source #F2_-x-sS

Type
Media report
Publication title
Landbank releases P213 million loan for pineapple production
Date
2012-12-13
Name
Danessa Rivera
Organisation
The Philippine Star
Comment on data source
MANILA, Philippines — The Land Bank of the Philippines is supporting pineapple production in South Cotabato with a P212.8-million loan. Landbank signed a loan with the Laconon 100 Multi-Purpose Cooperative (LMPC) to finance the co-op’s pineapple production and agricultural modernization efforts, to help sustain the growth of the local pineapple industry in the province. The financial support is expected to boost the production of pineapple farms managed by LMPC, with a combined area of over 1,400 hectares in the municipalities of T’boli, Surallah, Lake Sebu and Banga.

4. Data source #YkdXnswl

Type
Media report
Publication title
PSA REPORT ON PINEAPPLE MOST PROFITABLE CROP AN ILLUSION FOR FARMERS WITH GROWERSHIP AGREEMENTS WITH DOLE PHILIPPINES
Date
2021-10-04
Organisation
UMA Pilipinas
Comment on data source
The Unyon ng mga Manggagawa sa Agrikultura (UMA) today called the attention of the Philippine Statistics Authority (PSA) for misleading the public when it reported that pineapple is the most profitable crop for Filipino farmers. This is an illusion for thousands of Filipino farmers and even agricultural workers, a number of which have become agrarian reform beneficiaries, and were forced to enter into growership and lease agreements with multinational companies such as Dole Philippines (Dolefil) in Polomolok and Tupi in South Cotabato. In a new agreement with Dolefil, growers in the above places sell their pineapple to the now Japanese owned company at only P5 per kilo which is way below the PSA’s boast that farm gate prices are at P19.37 per kilo.

5. Data source #yM7sw6U7

Type
Media report
Publication title
Itochu to invest US$57.7m in bananas
Date
2016-10-24
Name
Gabrielle Easter
Organisation
Farmlandgrab
Comment on data source
Leading Japanese trader Itochu will invest ¥6bn (US$57.7m) in banana production through its Dole business, reports Nikkei. Itochu has set a goal of improving Asian banana production capacity 60 per cent by 2020 in a bid to secure supply for Japan, which will include upgrading farming methods, investing in irrigation and potentially moving farms to sites with better soil. Itochu’s wholly owned subsidiary Dole International Holdings reported a 30 per cent drop in banana production levels from 2012 to 2015, when it fell to 540,00 tonnes.