Skip to content
The Mindanao Examiner Regional Newspaper

The Mindanao Examiner Regional Newspaper

Title

Name

Primary Menu
  • Home
  • Mindanao
  • Visayas
  • National
  • Features
  • Opinion
  • Business
  • International
  • SciTech
  • Health & Wellness
  • Sports
  • About Us
    • Regional Advertising Rates
    • Contact Us
    • Profile
  • Home
  • Featured
  • Philippines sets P98 million for new scholarship program
  • Featured
  • National

Philippines sets P98 million for new scholarship program

Chief Editor September 19, 2015

MANILA – The Philippine government has earmarked a total of P98.5-million to provide free college education to eligible dependents of sugar industry workers and small cane farmers.

According to Pasig City Rep. Roman Romulo, chairman of the House committee on higher and technical education, the amount will pay for the scholarships of qualified children and other dependents of small cane growers as well as plantation workers, including those employed in sugar mills, refineries, distilleries.

He said the scholars will be enrolled in chemical engineering, agriculture, agricultural engineering and mechanics, sugar technology and related higher education programs.

The funding is included in P10.53-billion allocation for the Commission on Higher Education (CHED) in the proposed P3-trillion General Appropriations Act for 2016.

The Sugarcane Industry Development Law, which Congress passed only last summer, established the scholarship grants to help provide a better future for the families of workers and tillers.

The scholarships will also help develop the human resources that local sugar sector needs to compete forcefully against foreign suppliers. Under the Sugarcane Industry Development Law, or Republic Act 10659, government is spending P2 billion annually starting 2016 to brace the sector against imported sugar, amid lower tariffs that have already fallen to five percent this year.

The Association of Southeast Asian Nations Economic Community allows the free flow of farm commodities, including sugar, via reduced tariffs.

The P2-billion yearly subsidy will be distributed as follows: 15 percent for grants to block farms, 15 percent for socialized credit, 15 percent for research and development, five percent for scholarship grants, and 50 percent for infrastructure buildup, such as new trans-loading ports, farm-to-mill roads and irrigation facilities.

Partly due to the lingering dry spell in the Negros provinces, the country’s total sugar output is projected to reach only 2.31 million metric tons this year — short of the original 2.5 million target. Backed by 762,000 farmers and workers, the sugar industry contributed some P88 billion to the Philippine economy in 2014, according to the Sugar Regulatory Administration.

fb-share-icon
Tweet 20

Continue Reading

Previous: Zamboanga offers P200,000 reward for capture of bomber
Next: Philippine rebels seized army soldier

Related News

Official-Artwork-for-PR2025-14
  • National

Pag-IBIG Fund Earns 13th Straight Unmodified Opinion from COA

Editor July 1, 2025
Livestock-Aquaculture5
  • National

Innovative Solutions for Sustainable Agri-Fishery: Spotlight on Technology at Livestock and Aquaculture Philippines 2025

Editor June 25, 2025
PCO-SWC1
  • National

PCSO Holds 1st Social Workers Conference to Strengthen Charity Services

Editor June 25, 2025

Trending News

Visa Stays Ahead of the Curve in AI-Driven Commerce in the Philippines Jeffrey-Navarro,-Country-Manager,-Visa-Philippines 1
  • Business

Visa Stays Ahead of the Curve in AI-Driven Commerce in the Philippines

July 1, 2025
Singapore Airlines Group continues progress on Decarbonisation Journey with Neste and World Energy Agreements Singapore-Airline 2
  • Business

Singapore Airlines Group continues progress on Decarbonisation Journey with Neste and World Energy Agreements

July 1, 2025
Pag-IBIG Fund Earns 13th Straight Unmodified Opinion from COA Official-Artwork-for-PR2025-14 3
  • National

Pag-IBIG Fund Earns 13th Straight Unmodified Opinion from COA

July 1, 2025
Michael Harris Conlin Wins 2025 Philippine Barista Championship, Paving the Way for Philippine Coffee on the World Stage Michael-Harris-Conlin 4
  • Sports

Michael Harris Conlin Wins 2025 Philippine Barista Championship, Paving the Way for Philippine Coffee on the World Stage

June 30, 2025
Millions At Risk: Why Chronic Disease is a Crisis We Can’t Ignore CKD1 5
  • Health

Millions At Risk: Why Chronic Disease is a Crisis We Can’t Ignore

June 27, 2025
  • Facebook
  • X
  • YouTube
  • Blog
Copyright © 2025. The Mindanao Examiner Regional Newspaper. All Rights Reserved. | MoreNews by AF themes.