Hawke’s Bay Apple Grower South Pacific Growers Enters Receivership Over $13m Debt

South Pacific Growers Ltd received a $13 million Government loan from the North Island Weather Event Fund in December 2023, according to an MBIE spokesman, but the company has since collapsed into receivership with the debt entirely unpaid. Appointed receiver BDO Auckland confirmed that none of the cyclone recovery loan has been repaid, leaving unsecured … Read more

Philippines Secures ₱14B French Loan for Marine Protection and Livelihoods

The Philippines has secured a €200 million policy-based loan, equivalent to approximately ₱14 billion, from the French development bank Agence Française de Développement (AFD) to fund marine ecosystem protection and expand sustainable livelihoods. According to the Department of Finance (DOF), the financing supports the first phase of the Marine Ecosystem for Blue Economy Development program, … Read more