Multinational banana firm Dole-Stanfilco has announced it was finally phasing out its plantations in Surigao del Sur province due to security threats, low-productivity and plant disease.
Dole-Stanfilco has already sent a notice to Surigao del Sur Gov. Vicente Pimentel that it was indefinitely shutting down its operations in Barobo and in nearby Tagbina town starting on August 20.
According to Pimentel, the escalation of the NPA attacks, which came after the firm continuously refused to pay revolutionary tax was the main reason for the company decision to shut down its operations.
From 2010, the rebels had burned more than 20 container trucks that transport bananas to Davao City where it will be transported for export to other countries.
The company employed over 1,500 workers on its 400-hectare plantation venture in the province. By GD File photo