Ex-solon urges scrutiny of billion-peso coco-levy fund

Published by rudy Date posted on May 25, 2014

FORMER Manila Rep. Benny Abante has asked lawmakers to scrutinize the multibillion-peso coconut-levy fund in light of the recent controversy involving a board member of the government-sequestered United Coconut Planters Bank (UCPB).

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JPE seeks use of P130-B coco levy funds for infra

Published by rudy Date posted on August 16, 2012

The government has been urged yesterday to put into productive use coconut levy funds invested in some government corporations, including in the food and beverage giant San Miguel Corp. (SMC) which had accumulated to some P130 billion by putting these into a trust fund for relending to develop the coun-try’s antiquated infrastructure.

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Vegetable oil shortage looms in 4 years

Published by rudy Date posted on July 29, 2012

Manila, Philippines – During the launching of the Food Staple Sufficiency Program (FSSP) at the World Trade Center in Pasay City last July 5, President Aquino took pride in the accomplishments of his administration towards national rice self-sufficiency.

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Coco exports down

Published by rudy Date posted on August 26, 2011

MANILA, Philippines – Philippine coconut exports from January to July this year declined by 40.2 percent, figures released yesterday by the Philippine Coconut Authority (PCA) showed.

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Coconut industry may collapse – lawmaker

Published by rudy Date posted on December 19, 2010

MANILA, Philippines – A party-list lawmaker warned Friday the country’s multi-billion-peso coconut industry is in danger of collapse unless the government steps in and saves the sector, which has been the source of livelihood for some 24 million Filipinos for decades.

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Global crisis to depress coconut oil exports this year

Published by rudy Date posted on August 16, 2009

MANILA, Philippines – The Philippine Coconut Authority (PCA) is expecting lower exports of coconut oil this year in the aftermath of the global economic crisis.

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DA allots P700 million for coconut fertilization program

Published by rudy Date posted on June 18, 2009

MANILA, Philippines – The Department of Agriculture (DA), through the Philippine Coconut Authority (PCA), reportedly plans to spend up to P700 million this year on a fertilization program for the coconut sector.

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A bailout plan for the coconut industry

Published by rudy Date posted on May 25, 2009

Any stranger or first-time visitor to Laguna and Quezon will be instantly awed at the sight of endless rows of tall and lush coconut trees which dominate the landscape. But the thick tree cover all around seems to camouflage the acute ills that beset the coconut industry in these provinces and the entire country.

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