Cooperatives

by Lawrence Agcaoili – The Philippine Star, 5 Oct 2021 MANILA, Philippines — A special type of secondary cooperative is being established to hasten the technological transformation of the industry, according to the Cooperative Development Authority (CDA).

By Ma. Elma Ilagan–Ame, 25 Aug 2021, Manila Times IN 2021, the Cooperative Development Authority (CDA) issued two memorandum circulars (MCs) that impacts cooperatives’ financial, performance and social audits, and the way they are related to each other.

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The cooperative enterprise model is seeing a renaissance around the world. The turnover of the largest 300 cooperatives in the world over the last 3 years has grown by 11.6 per cent to reach 2.2 trillion USD in 2012. Preliminary data from 76 countries points to more than 250 million people working in co-operatives. The…

A new ILO publication presents a series of lessons learned by trade unions and cooperatives in their efforts to prevent the closing of enterprises through buyouts. It provides examples of success stories and documents the enabling conditions that led to success.

The coop economy, worth around US$2.5 trillion, plays its part in helping to eliminate child labour – a problem that, although in decline, still affects 168 million children worldwide. GENEVA (ILO News) – Around 60 per cent of all child labourers work in farming or a related industry, a sector where cooperatives hold a significant…

A recent seminar organized by the ILO’s Bureau for Workers’ Activities and the ILO’s Cooperative Branch brought together researchers and practitioners from around the world to talk about some of the issues and experiences that cooperatives are facing today.

There’s quite a buzz in Manchester Central (United Kingdom), where 10,000 men and women from co-operatives around the world have gathered to share their ideas and experiences. The three-day Co-operatives United event marks the close of the UN International Year of Co-operatives and highlights the staying power of a movement that is gaining renewed attention…

Agricultural cooperatives – the theme of the 2012 World Food Day – are a vehicle for decent lives and decent work, according to ILO Director-General Guy Ryder. GENEVA (ILO News) – Marking World Food Day, ILO head, Guy Ryder, highlighted the central role agricultural cooperatives play in ensuring that the right to food can be…

Cooperatives have been more resilient to the global economic and jobs crisis than other sectors. The UN International Day of Cooperatives, which takes place this year on 7 July, offers a chance for cooperatives to reassert their position in the world economy. ILO News interviews Simel Esim, Chief of the ILO’s Cooperative Branch.

There are many ways of skinning the capitalist cat. Instead of the Marxist cry for workers to unite to destroy the free enterprise system and replace it with Socialism, there is the rising trend towards workers forming cooperatives to engage in all types of business. I am glad to see more workers’ cooperatives in the…

The 1st Central Visayas Co-op Solidarity Council conference reels off today at the Waterfront Cebu City Hotel and Casino in barangay Lahug, a three-day activity that brings together more than 700 coop leaders from all over the central islands.

A PROTEST for the allegedly unaccounted members’ contribution for capital expenditures (MMC) included in their electric bills is being called today (Friday) to the more than five million households serviced by electric cooperatives.

THE Bureau of Internal Revenue (BIR) on Wednesday said it is restricting the grant of fiscal incentives to cooperatives amid loopholes in the law, which has allowed for-profit enterprises to avoid tax and labor rules.

The spirit underlying the formation of cooperatives is universal to all types of human groupings — from families to clans and tribes to society — which is to seek a common goal for the common good.

MALACAÑANG yesterday vowed to adopt policies and programs to promote the growth of cooperatives in the country.

RA 9520, otherwise known as the Philippine Cooperative Code of 2008 integrates the many laws that govern other types of cooperatives into a consolidated law. Examples of these cooperatives that used to be covered by separate and distinct laws are those in the Electric, Transport and the Water Services businesses.

Cooperatives have been more resilient to the deepening global economic and jobs crisis than other sectors. Report from Sweden. Another call is coming in from a customer to a modern call centre in Malmö in southern Sweden. The caller wants to discuss insurance, and the call centre agent, sitting at their terminal and speaking through…

Politics is the battlefield of diverse interests. The clashes of opposing interests have made political activities, especially lawmaking, an arduous task. A bill may be meant for the public good but if it runs against the interest of some affected groups, expect those groups to give the bill a rough sailing in Congress. It is…

The National Electric Administration has the authority to designate its officials and employees to electric co-operatives provided that they do not collect allowances or monetary benefits from these private enterprises.

MANILA, Philippines – Members of credit cooperatives are now exempted from the payment of the 20-percent withholding tax, the Supreme Court has ruled.

THE savings and time deposits of members of credit cooperatives are exempt from the 20-percent withholding tax, the Supreme Court has ruled.

CONGRESS on Monday approved the rules for granting full tax exemptions to cooperatives to allow them to serve their members and customers better and make more money, an official said.

CONGRESS on Monday approved the rules for granting full tax exemptions to cooperatives to allow them to serve their members and customers better and make more money, an official said.

PILI, Camarines Sur – Senator Loren Legarda yesterday disclosed an on-going review of the implementing rules and regulations (IRR) of the Cooperative Code of 2008 (RA 9520) intended to “further help cooperatives in the country provide better services to their members.”

The Department of Finance has directed all internal revenue officers to stop issuing tax assessments against cooperatives in response to their complaints.

Former senator and three-term Makati Rep. Agapito Aquino recently called on the marginalized sectors to organize themselves into cooperatives to improve their stations in life.

MANILA, Philippines – “Water is life,” says Maharlika Water Cooperative member Lorda Feudo, yet more than half of Metro Manilans still don’t have clean water on tap.

MANILA, Philippines – It never occurred to this urban poor women’s cooperative, or this guild of construction workers, that they would win orders from big companies.