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No conflict between Sandiganbayan ruling and coco levy bill —Cynthia Villar - GMA News

No conflict between Sandiganbayan ruling and coco levy bill —Cynthia Villar - GMA News.....»»

Category: newsSource: googlenews googlenewsAug 11th, 2018

Villar backs coco levy 2

There is no conflict between the Sandiganbayan’s ruling that the state-owned coco-levy fund of the Marcos era vis-a-vis a proposed law creating a coco levy trust fund amounting to P100 billion. Sen. Cynthia Villar aired this position yesterday as she pushed the measure already approved by the bicameral conference committee, saying the money will benefit […].....»»

Category: newsSource:  tribuneRelated NewsAug 11th, 2018

Coco levy trust fund dangled as Christmas gift to farmers

LUCENA CITY --- A piece of legislation, which has been described as the government's Christmas gift to coconut farmers is just two steps away from becoming law. Sen. Cynthia Villar, chair of the Senate agriculture committee, said the bill creating a trust fund for more than P100 billion in levy collected from coconut farmers by the Marcos dictatorship had been approved by panels of the two chambers of Congress. After the Senate and House of Representatives pass the bicameral version of the bill, Villar said President Rodrigo Duterte was expected to quickly sign it into law. Its passage into law by Christmas will be a gift to farmers, said Villar, who was here on Saturday as ...Keep on reading: Coco levy trust fund dangled as Christmas gift to farmers.....»»

Category: newsSource:  inquirerRelated NewsNov 25th, 2018

Senate passes bill giving coconut farmers greater representation in PCA board

All 18 senators presenton Mondaypassed on the final reading a measure that will provide coconut farmers greater representation in the Philippine Coconut Authority (PCA) board, which was tasked to manage the coco levy fund. If enacted, Senate Bill No. 1976 or the Strengthened Philippine Coconut Authority (PCA) Law will amend Presidential Decree 1468 or the Revised Coconut Industry Code of 1978 --- requiring the reconstituted PCA board to have six representatives from the farmers, four from the government, and one from the industry. According to Senator Cynthia Villar, who authored the proposal, SB 1976 is the answer to concerns that farmers were not properly represented in the PCA...Keep on reading: Senate passes bill giving coconut farmers greater representation in PCA board.....»»

Category: newsSource:  inquirerRelated NewsSep 24th, 2018

Bicam Approves Coco Levy Trust Fund Bill

The congressional bicameral conference committee on Wednesday approved a bill that would create a PHP100-billion coconut levy trust fund to benefit around 3.5 million coconut farmers nationwide. “Na-adopt ang Senate version (The Senate version was adopted) and then it will be managed by a reconstituted PCA (Philippine Coconut Authority),” Senator Cynthia Villar, the chair of […].....»»

Category: newsSource:  metrocebuRelated NewsAug 2nd, 2018

Bicam to Approve Final Version of Coco Levy Bill

Senator Cynthia Villar on Wednesday said the bicameral conference committee on PHP100-billion coconut levy trust fund will be held on August 1, heeding President Rodrigo Duterte’s call for Congress to pass the bill “at the soonest possible time.” “I urge you Congress to convene the (bicameral) conference committee and pass at the soonest possible time […].....»»

Category: newsSource:  metrocebuRelated NewsJul 26th, 2018

Sandigan affirms coco levy assets seizure

Junking all appeals seeking a reversal or modification of the anti-graft court’s Aug. 7, 2018 ruling, the Sandiganbayan has affirmed its decision awarding P83 billion in coco levy assets to the state......»»

Category: newsSource:  philstarRelated NewsDec 9th, 2018

Despite final ruling, Cocolife wants to negotiate coco levy case with PCGG

MANILA, Philippines – The United Coconut Planters Life Assurance Corporation (Cocolife) has asked the anti-graft court Sandiganbayan to allow its direct negotiation with the Presidential Commission on Good Government (PCGG) to settle the award of coco levy funds. In a much-awaited ruling in August, the Sandiganbayan ........»»

Category: newsSource:  rapplerRelated NewsSep 28th, 2018

Villar assures farmers will benefit from P105-B coco levy fund

Sen. Cynthia Villar has assured that the coconut levy fund will be distributed to farmers under the proposed law creating a coconut farmers and industry trust fund. Villar assures farmers will benefit from P105-B coco levy fund Sen. Cynthia Villar has assured that the coconut levy fund will be distributed to farmers under the proposed… link: Villar assures farmers will benefit from P105-B coco levy fund.....»»

Category: newsSource:  manilainformerRelated NewsAug 11th, 2018

Sandiganbayan settles row: Gov t owns coco levy fund, assets

MANILA, Philippines – The anti-graft court Sandiganbayan has settled the ownership row of at least P75 billion in coco levy fund and assets, and ruled to execute the Supreme Court (SC) ruling that the funds are owned by the state to be used for the benefit of ........»»

Category: newsSource:  rapplerRelated NewsAug 9th, 2018

Villar hails passage of bill creating the coconut industry trust fund

March 18, 2018. Sen. Cynthia Villar said that the passage of the bill creating the coconut industry trust fund addresses the decades-old issue surrounding the coconut levy fund and how it can be used for the direct benefit of 3.5 million coconut farmers in the country. The Senate passed on Second Reading Senate… Source link link: Villar hails passage of bill creating the coconut industry trust fund.....»»

Category: newsSource:  manilainformerRelated NewsMar 19th, 2018

Sandiganbayan affirms turnover of P75B in coco levy funds to gov t

MANILA, Philippines – The Sandiganbayan junked all appeals against the turnover of at least P75 billion in coconut levy funds to the government. (READ:  Coco levy fund scam: Gold for the corrupt, crumbs for farmers ) In a resolution dated December 3 but released only on Friday, December 7, the court's 2nd Division denied the separate motions for reconsideration seeking ........»»

Category: newsSource:  rapplerRelated NewsDec 9th, 2018

Villar: Without RICE Fund, farmers will lose after QR on rice imports expires

December 6, 2018. Sen. Cynthia Villar today stressed that the package of support for farmers included in the rice tariffication bill is government’s response to the expiration last June 30, 2017 of the quantitative restriction (QR) on rice importation under the agreement with the World Treaty Organization… Source link link: Villar: Without RICE Fund, farmers will lose after QR on rice imports expires.....»»

Category: newsSource:  manilainformerRelated NewsDec 6th, 2018

Prepare for influx of cheap imported rice, farmers told

LUCENA CITY --- With the passage of the rice tariffication bill, the farmers should exert efforts to be more competitive against the expected flood of cheap imported rice, Sen. Cynthia Villar said. "Even if the government has its program but if the farmers themselves will not fight it out ... the farmers should be more competitive. It cannot be done by the government alone. It has to be done with the help of the farmers," Villar, chair of the Senate committee on agriculture and food, said in an interview here Saturday afternoon. Lower rice prices The senator said amid the rising inflation in the country, the price of rice might be lowered once the bill was signed into law due to...Keep on reading: Prepare for influx of cheap imported rice, farmers told.....»»

Category: newsSource:  inquirerRelated NewsNov 25th, 2018

Cynthia Villar to continue support for Imee despite Imeldas conviction | News

Cynthia Villar to continue support for Imee despite Imeldas conviction | News.....»»

Category: newsSource:  manilanewsRelated NewsNov 23rd, 2018

Bicameral body OKs rice tariffs

  A bicameral conference committee has approved a bill that imposes a tariff on rice aimed at bringing down the price of the staple and at reining in inflation, which has risen to a nine-year high over the past two months.   Tariff is a tax on imports.   Another bicameral committee also approved on Thursday the coco levy fund bill and the measure that strengthens the Philippine Coconut Authority (PCA).   The removal of import caps is expected to reduce the retail price of rice by P4 to P7 per kilogram, economic managers earlier said.   Rice prices account for 10 percent of the country's inflation, which rose to 6.7 percent in Septem...Keep on reading: Bicameral body OKs rice tariffs.....»»

Category: newsSource:  inquirerRelated NewsNov 22nd, 2018

P5B annual & apos;mechanization& apos; fund to be allocated for farmers under Rice Tariffication Bill: Villar - ABS-CBN News

P5B annual 'mechanization' fund to be allocated for farmers under Rice Tariffication Bill: Villar - ABS-CBN News.....»»

Category: newsSource:  googlenewsRelated NewsNov 16th, 2018

Palace hails Senate passage of rice tariffication bill

      Malacaang on Thursday praised the Senate for passing on third and final reading the Rice Tariffication Bill. Voting 14-0, the Senate passed on Wednesday Senate Bill No. 1998, which seeks to replace the present quotas on rice importation with rice tariffs instead. The measure, sponsored by Senator Cynthia Villar, is expected to help alleviate the impact of the nine-year high inflation in September and October and address the country's rice shortage. "The Palace expresses its gratitude to the Senate for passing on third and final reading the Rice Tariffication Bill," Presidential Spokesperson Salvador Panelo said in a statement. READ:Senate app...Keep on reading: Palace hails Senate passage of rice tariffication bill.....»»

Category: newsSource:  inquirerRelated NewsNov 15th, 2018

Senate approves rice tariffication bill on final reading

The Senate approved on third and final reading on Wednesday the rice tariffication bill, which seeks to lift restrictions on rice importation. Fourteen senators voted to approve Senate Bill No. 1998 --- An Act Replacing The Quantitative Import Restrictions On Rice With Tariffs, Lifting The Quantitative Export Restrictions On Rice, And Creating The Rice Competitiveness Enhancement Fund. The measure, sponsored by Sen. Cynthia Villar, seeks to replace the current system of imposing quantitative import restrictions on rice with tariffs. Under the bill, rice imports from members of the Association of Southeast Asian Nations (Asean) would be charged a tariff of at least 35 percent, wh...Keep on reading: Senate approves rice tariffication bill on final reading.....»»

Category: newsSource:  inquirerRelated NewsNov 14th, 2018

No full senatorial slates yet for political parties

None of the major political parties, as of Wednesday, appeared ready to present a full senatorial slate.   Most opted to focus their campaign chests on a handful of candidates --- mostly reelectionists or returning senators, as well as a number of new faces.   Here's the initial senatorial lineup of major political parties:   Partido Demokratiko Pilipino-Lakas ng Bayan: Reeling from internal squabbling, the ruling PDP-Laban will field Sen. Aquilino Pimentel III and Presidential Political Adviser Francis Tolentino.   Nacionalista Party: The NP has so far three candidates: Sen. Cynthia Villar, Deputy House Speaker Pia Cayetano, and Ilocos Norte G...Keep on reading: No full senatorial slates yet for political parties.....»»

Category: newsSource:  inquirerRelated NewsOct 10th, 2018

Coco Levy Trust Fund bill may get vetoed

Coco Levy Trust Fund bill may get vetoed.....»»

Category: entertainmentSource:  pepRelated NewsOct 9th, 2018