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(Eagle News) — Philippine Air Force Chief Lt. Gen. Galileo Gerard Kintanar Jr. will be the new head of the Philippine Coconut Authority (PCA). This was announced by President Rodrigo Duterte as Congress crafts a law for the return of the multi-billion Coco Levy Fund to Filipino coconut farmers. In his speech during the PAF change-of-command at Villamor Air Base on Friday, Duterte said that the Coco Levy Fund is now more than P100 […]
(Eagle News) — The Senate on Wednesday, Aug. 29, ratified the bicameral conference committee report on the bill that aims to establish a trust fund for coconut farmers. According to Senator Cynthia Villar, chair of the Senate committee of agriculture and food, the “cash and the assets from Coconut Farmers and Industry Trust Fund” amounting to about P105 billion under the measure “will be distributed to coconut farmers at the rate of P5 billion per year until […]
(Eagle News)–Special Assistant to the President Bong Go denied he had tried to solicit funds from Coconut Industry Investment Fund-Oil Mills Group’s President Benedicto Lor for his Senate run. In a radio interview on Sunday, July 15, Go said that while several groups were asking him to run, “wala po kaming ino-authorize na kahit sino to raise funds, kahit piso.” He said in the first place, he should not be considered a candidate. Lor had said […]
(Eagle News) — The Senate on Monday approved a bill establishing a coco levy trust fund on third and final reading. Nineteen senators voted for Senate Bill No 1233, including Senator Francis Pangilinan, who, even then expressed his “reservations.” Only one senator, Risa Hontiveros, voted totally against the measure. “More than a year after we submitted SBN 1233, we are now faced with an amended version that we believe is far from what we […]
