For the benefits of the country's coconut farmers, the Sandiganbayan has ordered the United Coconut Planters Life Assurance Corporation (Cocolife) to issue immediately certificates of stocks in the name of the Republic of the Philippines covering 255,823,678 shares registered in the name of United...
The Philippine Coconut Authority (PCA) is not yet finished drafting the Coconut Farmers and Industry Development Plan (CFIDP), which will serve as the government's ultimate guide in the distribution of the P100-billion coco levy fund and assets. In the meantime, the agency launched the Coconut...
The implementing rules and regulations (IRR) of some sections of the Republic Act (RA) No. 11524 or an Act Creating the Coconut Farmers and Industry Trust Fund (CFITF) are now in effect. But farmers are claiming that no consultation was done so they can raise their concerns about the contents of...
The Department of Finance (DOF) said the government has set up a registry that will monitor the status of the assets acquired using the multibillion-peso coconut levy fund. In a statement, Finance Secretary Carlos G. Dominguez III said they have established the Coco Levy Asset Registry that will...
The mass registration of coconut farmers who will benefit from the forthcoming release of the P100-billion coco levy fund will be a continuous process. And the Philippine Coconut Authority (PCA) must issue a formal clarification on this matter to ease the anxiety among farmers who are not yet part...
Senators have pressed the Philippine Coconut Authority (PCA) to extend its deadline and streamline the processes for the registration of coconut farmers. The Senate agriculture committee on Thursday, June 10, inquired on the status of the country's coconut farmers' registry. The creation of the...
Groups of coconut farmers fear another scam might happen in the process of the Philippine government’s implementation of the Coco Levy Act, the law that should pave the way for the release of the P100 billion worth of funds and assets collected through the infamous coco levy fund scam more than...
Less than two weeks before the deadline of mass registration of coconut farmers, the Philippine Coconut Authority (PCA), the lead agency tasked to implement the Coconut Farmers and Industry Trust Fund Act or Coco Levy Act, is now 41 percent complete in the validation of the National Coconut Farmers...
Farmers want representation in the Coco Levy’s Trust Fund Management Committee, which is the legally mandated committee tasked to decide on the disposition of the P100-billion worth of coco levy fund and assets. In a statement, the Federation of Free Farmers (FFF) called on the Duterte...
The Philippine Coconut Authority (PCA) already started the mass registration of coconut farmers to update the National Coconut Farmers Registry System (NCFRS), which, once completed, will serve as the government’s master list of beneficiaries for the P100-billion coco levy fund. Bantay...
Philippine Coconut Authority (PCA) Administrator Benjamin Madrigal assured that the farmers’ representatives that will join the reconstituted PCA Board will be selected solely by farmers without the influence of the government. In a phone interview with Business Bulletin, Madrigal assured...
Nearly three weeks since the Coco Levy Act or Republic Act (RA) 11524 was passed, the reconstituted board of the Philippine Coconut Authority (PCA) has met for the first time to discuss the important things that need to be addressed prior to the actual release of the P100-billion coco levy fund....
