National Observances for the Month of May. Read here.
Extended Banking Hours for the 2023 Annual Income Tax Filing Deadline. Read here.
Advisory to the Public Against Vishing Attacks. Read here.
Advisory to the Public Against Illegal Solicitation. Read here.
Advisory on Clickable Links in E-mails or SMS. Read here.

DBP supports Peking Duck farm in Laguna

Shown during the signing ceremony (seated, from left) are: EJG Mighty Duck Farm, Inc. chairman of the board Estela J. Guillermo; DBP executive vice president Benel D. Lagua; EJG Mighty Duck Farm, Inc. president Myles Edward J. Guillermo; and DBP senior assistant vice president Romeo B. Carandang. Standing (from left) are: DBP account officer Rosanna Mina; DBP first vice president Daniel M. Gonzales; EJG Mighty Duck Farm, Inc. director Mario R. Guillermo; and DBP manager Jose Pepito A. Yusingbo.

The Development Bank of the Philippines (DBP) has granted a loan to EJG Mighty Duck Farm, Inc. to finance the rehabilitation, improvement, and expansion of its Peking Duck farm in Victoria, Laguna.

EJG Mighty Duck Farm is a pioneer in duck meat production in the country.  Its integrated duck farm project includes the development of grandparent and parent stocks, up to the dressing and packaging of quality duck meat.  The farm is the most updated in the country in terms of farm management, technology, bio-security, and environmental protection.

With proceeds from the DBP loan, EJG Mighty Duck Farm is expected to expand operations and triple its production capacity to better meet the large local demand for peking duck.  Its present market includes hotels and restaurants based in Metro Manila.  The company currently employs 70 workers, and will hire an additional 50 workers with the proposed expansion of its operations.

The project is expected to contribute towards a more competitive and sustainable agriculture sector through the production of duck eggs from Mallard ducks, high quality duck meat, and other duck-derived products.  Through this newly-forged partnership, DBP also aims to contribute towards the achievement of food security and improved nutrition.