JEG Tower Switches To COREnergy To Power Cebu’s Business Community

JEG Tower partners with COREnergy to power Cebu’s business community through more strategic and stable energy management.

From Credit Card Hacks To A Movement: How KasKasan Buddies Grew Into A Financial Literacy Community

KasKasan Buddies grew from credit card conversations into a two-million-member community helping Filipinos navigate financial literacy, digital safety, and smarter money decisions.

Monde Nissin Reports Record First Half Core Net Income Attributable To Shareholders Of PHP5.5 Bn, An Increase Of 16.1%

Monde Nissin reports stronger first-half earnings as revenue growth, margin gains, and disciplined cost management support its performance.

Converge Global Business Empowers Virtual Staffing Solutions With Seamless International And Domestic Connectivity

Converge Global Business partners with Virtual Staffing Solutions to power secure connectivity across Philippine and U.S. operations.

First Climate-Controlled Tulip Farm In Asia Blooms In Philippines

<p>Danish-Filipino venture Phinl Corp. is cultivating tulips in PH using climate-controlled farms, BOI said.</p>

First Climate-Controlled Tulip Farm In Asia Blooms In Philippines

181
181

How do you feel about this story?

Express Your Reaction
Like
Love
Haha
Wow
Sad
Angry

Phinl Corp., a Danish-Filipino enterprise, is now growing tulips in the Philippines through a climate-controlled farm, the Board of Investments (BOI) said Tuesday.

Phinl has registered its PHP157.4-million climate-controlled tulip farm in Maddela, Quirino Province, according to BOI Executive Director Corazon Dichosa.

Phinl’s farm is the first fully contained and computer-controlled indoor hydroponic tulip farm in Asia.

Phinl sees the opportunity in growing tulips in the Philippines with the increasing demand for high-quality tulips here, the BOI said.

“The success of Philn’s climate-controlled tulip farm in the country demonstrates our commitment to innovation and sustainability in agriculture. We are proud to welcome pioneers in this field and look forward to contributing to the growth of the local floral industry,” Dichosa added.

To grow tulips in a tropical country like the Philippines, Philn uses a technology akin to hydroponics, a method of cultivation that utilizes an inert medium instead of soil to ensure optimal conditions for growing the plant.

It operates in a completely closed environment to ensure the full control of temperature, humidity and light intensity.

“The Phinl project is a clear example of our initiatives at the BOI, in collaboration with the Department of Agriculture, that champion sustainability in the agricultural industry. We have been registering projects that are scalable and leverage the latest technologies. In fact, in the last quarter, we have registered projects on integrated dairy farms, modern vegetable farms, and hybrid seed productions, among others,” Trade Secretary and BOI Chair Alfredo Pascual said.

“It can be noted that some of these are in areas traditionally considered a challenge, if not downright impossible for the Philippines,” Pascual added. (PNA)