The Board of Investments (BOI), the Philippines’ premier investment promotion agency, said more projects in the pipeline such as motorcycle engine assembly project, data centers and IT infrastructure network, advanced metal/plastic packaging manufacturing facility, modern textile assembly are...
Duterte clips FIRB powers, oil refinery gets perks By Bernie Cahiles-Magkilat and Chino S. Leyco Despite misgivings, the business sector lauded President Duterte for signing the Corporate Recovery and Tax Incentives for Enterprises Act (CREATE), a game-changer law that is expected to support the...
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....
Online classes, for parents, teachers, and students, are not a walk in the park. Unstable internet connection, gadgets that are not at par to the online schooling requirements, and a good studying/teaching environment at home are some of the many challenges that we are facing today. And, yes, let's...
Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno is doubling efforts for the enactment of an Agri-Agra Law with an updated financing approach to agrarian reform, fisheries, and agricultural sector that is more relevant and timely to improve the agricultural ecosystem. Benjamin Diokno,...
Local business groups have strongly called for the passage in Congress the amendments to the Public Service Act (PSA) stressing this will help local firms recover from the pandemic, contradicting concerns of some Senators that the bill will pose a threat to domestic industries. In a joint...
A group of health advocates urged the government to be transparent and efficient in spending the P205.8 billion health budget during the first-year implementation of the Universal Health Care (UHC) Act. In a statement, the UHC Watch called on civil society to be vigilant and actively...
The Philippine Coconut Authority (PCA) will request an additional budget from the Department of Budget and Management (DBM) to fulfill some of its deliverables under the Coco Levy Act or Republic Act (RA) 11524, including the task of providing health and medical protection to coconut farmers. In an...
Only representatives from three government agencies – Department of Finance (DOF), Department of Budget and Management (DBM), and Department of Justice (DOJ) – will have the final say on how the Coconut Farmers and Industry Trust Fund (CFITF) will be managed and use. Based on the Republic Act...
On signing of Coco Levy Act The Coconut Farmers and Industry Trust Fund Act or Coco Levy Act, which will result in the release of the P100-billion coco levy fund, has now been signed by President Rodrigo Roa Duterte, but its supposed beneficiaries are claiming that no justice or campaign promise...
