coconut levy - updates

Rappler's latest stories on coconut levy

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Kingmaker: Danding Cojuangco's presidential bid and the ghost of coco levy

Jun 17, 2020 - 10:10 PM

Eduardo 'Danding' Cojuangco Jr never became Philippine president, but wielded power for decades before his death

Filipino tycoon Eduardo Cojuangco gestures during a press conference in Manila, 14 July 2003. Cojuangco vowed to fight any government move to take over San Miguel Corporation, one of the Philippines largest and most important firms, after his control was put in serious doubt by a court ruling. AFP PHOTO JAY DIRECTO (Photo by JAY DIRECTO / AFP)

Duterte seeks passage of coco levy bill after vetoing it

Jul 22, 2019 - 9:20 PM

'I also have not forgotten my commitment,' says President Rodrigo Duterte on the coco levy funds

To Go With Philippines-weather-storm-poverty,FEATURE by Cecil Morella This photo taken on December 10, 2014, a coconut farmer preparing coconuts to be made of copra, at a coconut farm just next to the seashore in Hernani town, Eastern Samar province, central Philippines. Life is a constant throw of the dice for farmer Nilo Dilao and other residents of the Philippine island of Samar, the gateway for many of East Asia's deadliest storms. AFP PHOTO/TED ALJIBE (Photo by TED ALJIBE / AFP)

Sandiganbayan affirms turnover of P75B in coco levy funds to gov't

Dec 09, 2018 - 7:25 PM

The anti-graft court denies the motions for reconsideration filed by corporations, which were part of the scam

ANTI-GRAFT COURT. The facade of the Sandiganbayan building. File photo by Darren Langit/Rappler

Landmark coco levy trust fund bill hurdles Congress

Mar 19, 2018 - 7:38 PM

Senate Bill 1233 places the management of the fund under a reconstituted Philippine Coconut Authority – the agency that was responsible for the misuse of the funds in the 1970s

File Photo by Camille Elemia/Rappler

Recto hit for 'excluding' coconut farmers from coco levy bill

Mar 13, 2018 - 8:15 AM

'Pera na nga namin, maglo-lobby pa kami? Pera na nga namin, makikiusap pa kami?' says Ed Mora, lead convenor of the Kilusang Magniniyog, on the need for congressional approval before use of coco levy funds

Photo by Camille Elemia/Rappler

No farmers' say in coco levy funds? Pangilinan, Recto clash

Mar 06, 2018 - 8:14 AM

Senators are set to vote on the issue, as Senate President Pro-Tempore Ralph Recto wants the government to be the sole manager of the coco levy funds, while Senator Francis Pangilinan wants farmers who paid the taxes to have a role

Photo by LeAnne Jazul/Rappler

Ledac agrees to pass federalism, national ID bills by December

Aug 30, 2017 - 7:20 PM

The two bills along with 12 others are classified as urgent by the Ledac Executive Committee

Ahead of SONA, farmers demand Duterte action on coco levy vow

Jul 22, 2017 - 1:33 PM

Coconut farmers want President Rodrigo Duterte to use his 2nd State of the Nation Address to fulfill his campaign promise to them

PROMISE. Coconut farmers marched from PCA, where they first met with Cabinet Secretary Leoncio Evasco Jr, to Malacañang. Photo from Kilus Magniniyog

New PCA chief 'confident' coco levy bill will pass in 2017

Jul 06, 2017 - 9:45 PM

Philippine Coconut Authority Administrator Romulo dela Rosa says they will push for the inclusion of the coco levy trust fund bill in President Rodrigo Duterte s 2nd State of the Nation Address

Duterte's coco levy promise: It's time to 'force the issue with Congress'

Jun 30, 2017 - 1:32 PM

During the campaign President Duterte vowed to return the coconut levy fund to poor farmers within his first 100 days Congressmen are getting in the way

CAMPAIGN PROMISE. Then presidential candidate Rodrigo Duterte signs a manifesto promising coconut farmers they will benefit from the coco levy funds within his first 100 days in office. After a year in office, the promise remains just that. File photo by Pia Ranada/Rappler

Coco levy fund scam: Gold for the corrupt, crumbs for farmers

Jan 21, 2017 - 10:00 AM

Part 1: Many coconut farmers have died waiting in vain and with them went the hope they would one day reap the rewards of what s seen as among the biggest scams of the century

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Oct 31, 2016 - 7:55 PM

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Duterte wants law on use of coco levy funds for farmers – finance chief

Oct 31, 2016 - 3:32 PM

The President wants the P74 billion coco levy fund to be exclusively used for the benefit of the coconut farmers says Finance Secretary Carlos Dominguez III

CABINET MEETING. President Rodrigo Duterte and his Cabinet members pray before the start of the 6th Cabinet Meeting in Malacañang State Dining Room on September 14. Photo by Rey Baniquet/PPD

Sandiganbayan denies gov't bid for early resolution of 2 coco levy cases

Jul 26, 2016 - 10:00 PM

The cases have been pending for 29 years but the anti graft court s resolution says the cases will still need to go to trial

Duterte to Panelo: Farmers should get coco levy fund

Jun 16, 2016 - 11:20 AM

Duterte s incoming agriculture chief also pushes for the massive replanting of coconut to regain the Philippines status as the world s number one coconut producer

COCO LEVY MANIFESTO. Then presidential candidate Rodrigo Duterte and his running mate, Alan Peter Cayetano, sign a manifesto promising coconut farmers they will benefit from the coco levy funds within their first 100 days in office. Photo by Pia Ranada/Rappler

Sandiganbayan orders turnover of 72.2% UCPB shares to gov’t

Oct 28, 2015 - 1:49 PM

The anti graft court s Second Division grants the Motion for Execution filed by the government

RIGHTS. UCPB says it has rights to its minority shares of stock in the CIIF Oil Mills, and indirectly, in an 11% portion of the sequestered San Miguel Corporation shares, "which were ruled to be owned by the government for the benefit of coconut farmers and the development of the coco industry," the bank acknowledges.

PCGG: Coco levy assets all accounted for

Jun 29, 2015 - 8:00 PM

This comes 3 months after Aquino signed 2 executive orders that allow the use of the multibillion peso coconut levy funds for coconut farmers

Aquino signs EOs on utilization of coco levy funds

Mar 19, 2015 - 4:47 PM

UPDATED Executive Order 180 allows the use of the multibillion peso coconut levy funds to empower coconut farmers who are among the country s poorest

PLEDGE. President Benigno S. Aquino III receives the coconut farmers' proposals and recommendations during a dialogue at the Palace Heroes Hall on November 26, 2014. Photo by Gil Nartea/Malacañang Photo Bureau

Aquino: PH to get $500M soft loan from South Korea

Dec 13, 2014 - 11:20 AM

Fresh from an overnight trip to South Korea President Benigno Aquino III reports more good news to the people

GOOD NEWS. A happy President Benigno Aquino III arrives from an overnight trip to South Korea on December 12, 2014. Photo from Malacañang Photo Bureau

SC affirms decision to give coco levy funds to farmers

Dec 10, 2014 - 5:45 PM

The decision paves the way for Congress bills creating a trust fund for coconut farmers which President Benigno Aquino III had promised to certify as urgent

Coconut farmers want to see coco levy EO first

Nov 26, 2014 - 7:23 PM

The EO will be a temporary measure while Congress is in the process of approving a bill that will ensure funds for coconut farmers which Aquino has promised to certify as urgent

Aquino vows to certify coco levy bill as urgent

Nov 26, 2014 - 4:31 PM

Addressing coconut farmers in Malacañang Palace President Benigno Aquino III pledges to act quickly on their petition on the use of the multi billion peso coconut levy fund

Draft coco levy EO may be with Aquino before end-Nov

Nov 04, 2014 - 3:58 PM

Secretary Francis Pangilinan gives the assurance as coconut farmers call on President Aquino to mobilize the P71 billion coco levy funds for the benefit of the coconut industry

Gov't to use coco levy proceeds on farm inputs

Nov 10, 2012 - 9:24 PM

The Department of Agriculture DA aims to use the coconut levy funds recovered by the government for provision of farm inputs to raise the competitiveness of the coconut industry