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Brunei firm to invest P286 M in Palawan rice venture
The Philippine Star
|October 06, 2025
A Brunei-based company is set to bankroll a five-year rice farming venture worth P286 million in Palawan as part of a regional food security initiative aimed at boosting local grain production.
The memorandum of understanding was signed by (from left) Wasan Milling Co. chief financial officer Mohamad Taqiuddin bin Hj Mohd Asnawi, general manager Saidin bin Namit, Brunei Ambassador Megawati Dato Paduka Haji Manan, Narra Mayor Gerandy Danao and Vice Mayor Jojo Gastanes.
A memorandum of understanding was signed between Wasan Milling Co. Sdn Bhd and the municipal government of Narra during a recent ceremony in Pasig City.
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