THE Department of Agriculture (DA) said the government has officially opened the Bicol Mega Cold Storage Warehouse, the agency’s first completed project under itsTHE Department of Agriculture (DA) said the government has officially opened the Bicol Mega Cold Storage Warehouse, the agency’s first completed project under its

DA opens P500-M Bicol cold storage facility to boost food security

2026/03/23 21:13
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

THE Department of Agriculture (DA) said the government has officially opened the Bicol Mega Cold Storage Warehouse, the agency’s first completed project under its cold storage expansion program.

In a statement on Monday, the DA said the P500-million facility will boost food security and farmers’ income in the region.

“It directly addresses a chronic gap in agriculture, the lack of reliable and energy-efficient storage and transport systems,” the agency said.

The DA said the warehouse features temperature-controlled rooms for pork, beef, poultry, fish, fruits, and vegetables, with a combined annual capacity exceeding 200,000 metric tons.

The facility also has preparation rooms for blast freezing, processing, and packaging, allowing farmers and producers to extend shelf life, meet market standards, and secure better prices, the agency said.

“This facility underscores the commitment of the Marcos administration to cut post-harvest losses, raise farmers’ incomes, stabilize food supply, and ensure lasting rural development,” Agriculture Secretary Francisco P. Tiu Laurel, Jr. was quoted as saying in the statement.

The DA said the timing of the Bicol warehouse’s opening is timely, particularly as transport and production costs have been rising.

“The timing is critical, especially at this time when geopolitical conflict in the Middle East has sent fuel prices soaring. Without cold storage, many [farmers] are forced to sell quickly at low prices or risk losing their harvest,” the DA said. — Vonn Andrei E. Villamiel

Market Opportunity
MemeCore Logo
MemeCore Price(M)
$1,73472
$1,73472$1,73472
+0,62%
USD
MemeCore (M) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ripple Cryptocurrency News: XRP Tundra Presale Launches with Dual-Token Model

Ripple Cryptocurrency News: XRP Tundra Presale Launches with Dual-Token Model

The post Ripple Cryptocurrency News: XRP Tundra Presale Launches with Dual-Token Model appeared on BitcoinEthereumNews.com. The latest development in the XRP ecosystem is not about the ongoing legal debates or Ripple’s expansion in cross-border payments. Instead, focus has shifted to a new presale initiative that is drawing attention across the digital asset community. XRP Tundra has launched with a dual-token model designed to give early participants both utility and governance advantages. It also links directly to upcoming staking opportunities. This approach comes when many XRP holders are searching for additional yield opportunities outside the standard XRPL ecosystem. With the introduction of Cryo Vaults and Frost Keys, the project intends to enable staking of XRP itself. It could generate potential returns of up to 30% APY. While staking has not yet gone live, presale participants secure the right to join from day one. That establishes a pathway that blends presale value with practical utility. Two Tokens for Price of One The presale currently runs at a fixed $0.01 entry point. For that price, participants receive two separate tokens: TUNDRA-S, issued on Solana and designed for utility and yield, and TUNDRA-X, issued on XRPL for governance and reserve purposes. This approach links Solana’s high-performance smart contract ecosystem with the XRP Ledger’s settlement and liquidity infrastructure. Forty percent of the project’s total supply is for the presale. Later phases will see the price adjust upward. It will reward early adopters with both immediate value and long-term positioning in the ecosystem. For many investors, the appeal lies not just in acquiring discounted tokens. It is also on the guaranteed path to XRP staking once Cryo Vaults and Frost Keys go live. Staking Model: Cryo Vaults and Frost Keys XRP Tundra’s staking framework can offer competitive returns compared to traditional financial instruments and other blockchain validators. Through Cryo Vaults, participants will be able to lock their XRP, generating Frost Keys…
Share
BitcoinEthereumNews2025/09/18 19:41
Stabull’s Expansive Role in the DeFi Ecosystem

Stabull’s Expansive Role in the DeFi Ecosystem

The post Stabull’s Expansive Role in the DeFi Ecosystem appeared on BitcoinEthereumNews.com. A detailed examination of the Stabull protocol reveals its reach extends
Share
BitcoinEthereumNews2026/03/24 07:28
Stablecoin yield in crypto Clarity Act won’t allow rewards on balances, latest text says

Stablecoin yield in crypto Clarity Act won’t allow rewards on balances, latest text says

The post Stablecoin yield in crypto Clarity Act won’t allow rewards on balances, latest text says appeared on BitcoinEthereumNews.com. Crypto industry insiders
Share
BitcoinEthereumNews2026/03/24 06:58