‘Rice Revolution’ launched in LeyteAugust 22, 2017
ORMOC CITY, Philippines — The ‘Rice Revolution’ program—aimed at making Leyte the ‘rice capital of the Philippines’—was started in Alang-alang town this week, after an ambitious young company inked a loan agreement with Land Bank of the Philippines to help rice farmers in the province become “as rich as the farmers in France.”
French-Italian businessman Francois Patrick Renucci and his wife, Rachel Renucci-Tan put up the Chenyi Agventure Inc. for the Rice Revolution program that would consolidate rice farmers in the town and neighboring areas into a “corporative.”
The couple signed a loan agreement with Land Bank of the Philippines president and chief operating office Alex Buenaventura, together with Edward John Reyes, LBP executive vice president for agricultural and development lending sector. This was witnessed by Leyte Governor Leopoldo Dominico Petilla.
The loan package would help the farmers adopt modern farming technology, which would increase their yield to 175 sacks of rice per hectare compared to their current average yield of 120 to 130 sacks per hectare.
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- Louella Desiderio (The Philippine Star)
- Mar 06, 2020
Local rice producer eyes export of ultra premium brandMANILA, Philippines — Rice processing firm Chen Yi Agventures Inc. plans to start exporting its high quality rice brand to Asia or the Middle East this year. Chen Yi Agventures president Rachel Renucci-Tan said in a briefing the firm is currently in talks with different countries for the export of rice. “We’re looking at one to two but large export markets,” she said, noting these countries are in Asia and the Middle East.
- ANC Headstart with Karen Davila
- Mar 06, 2020
Headstart | Uplifting lives of Filipino farmersThe Philippines, being an agricultural nation, lags behind its ASEAN neighbors in terms of innovation in the farming industry. But a couple wants to revolutionize rice production in the country while uplifting the lives of farmers. Rachel Marjorie Renucci-Tan and Patrick Francois Renucci, founders of Chen Ti Agventures share how their story.
- Jasper Y. Arcalas (Business Mirror)
- Mar 05, 2020