استمتع بـUnlimited مع Magzter GOLD
احصل على وصول غير محدود إلى أكثر من 9000 مجلة وصحيفة وقصة مميزة مقابل
يحاول ذهب - حر
Amendments being readied for coconut levy fund law
September 08, 2025
|Business World Philippines
THE Department of Finance (DoF) will propose legislation to amend the coconut levy fund that will expedite the release of funds to farmers.
“We will propose amendments for easier access and faster disbursement of coco levy funds. Because there are challenges now in accessing it,” Finance Undersecretary Maria Luwalhati Dorotan-Tiuseco told BusinessWorld on the sidelines of Senate hearing last week.
The proposed amendments aim to establish “practical rules” aligned with the fund’s objectives. She gave no further details.
“We will address the bottlenecks (in the fund),” she added.
The Coconut Farmers and Industry Trust Fund Act or Republic Act No. 11521 was signed into law by President Rodrigo R. Duterte in 2021.
It placed coconut levy assets into a trust fund intended to support the rehabilitation and modernization of the coconut industry.
Mr. Duterte also issued Executive Order No. 172, which created the Coconut Farmers and Industry Development Plan.
هذه القصة من طبعة September 08, 2025 من Business World Philippines.
اشترك في Magzter GOLD للوصول إلى آلاف القصص المتميزة المنسقة، وأكثر من 9000 مجلة وصحيفة.
هل أنت مشترك بالفعل؟ تسجيل الدخول
المزيد من القصص من Business World Philippines
Business World Philippines
Second-gen, hybrid MG HS boasts long range, five-star safety ratings
IT WOULD BE no exaggeration to say that, as the initial hype over battery electric vehicles (BEVs) is plateauing for a number of reasons, hybrid powertrains are becoming sort of the de facto poster child for electrification. This is, of course, helped along by friendlier government policy, such as zero import duty on hybrids.
3 mins
December 01, 2025
Business World Philippines
IM Arca tops Asian U16 blitz tourney
INTERNATIONAL MASTER (IM) Christian Gian Karlo Arca saved the best for last as he topped the open Under-16 (U16) blitz section for the Philippines' lone gold medal in the 27th Asian Youth Chess Championships in Thailand.
1 min
December 01, 2025
Business World Philippines
DMW says Benilde campus to boost Aseana City growth
D.M. WENCESLAO and Associates, Inc. (DMW) expects the planned De La Salle-College of Saint Benilde campus in Aseana City to bolster the growth of its 107.5-hectare mixed-use estate in Parafiaque.
1 min
December 01, 2025
Business World Philippines
Uniqlo gives for the holidays
UNIQLO has given thousands of clothes to disaster relief efforts for the recent calamities that have struck the Philippines, as well as to farming communities.
1 min
December 01, 2025
Business World Philippines
Siakam buzzer-beater lifts Pacers past Bulls
PASCAL SIAKAM hit a 14-foot jumper at the buzzer and finished with 24 points and nine rebounds as the Indiana Pacers beat the Chicago Bulls, 103-101, on Saturday in Indianapolis.
1 mins
December 01, 2025
Business World Philippines
7 startups awarded by Startup QC Cohort 4
THE QUEZON CITY GOVERNMENT recognized seven outstanding startups with P1-million equity-free grants each during the Startup QC Cohort 4 Demo Day.
1 mins
December 01, 2025
Business World Philippines
Airlines finish Airbus software update
LOCAL AIRLINES have finished updating the software on their Airbus aircraft after an urgent advisory from the manufacturer prompted carriers to ground several planes.
2 mins
December 01, 2025
Business World Philippines
Retail infra considered missing piece as e-commerce wave builds
IMPROVEMENTS in infrastructure are needed to help Philippine retailers and merchants meet the rise in demand through e-commerce channels, according to web development and integration agency Dev Team.
1 mins
December 01, 2025
Business World Philippines
Hotel101 to open 429-room Milan condotel, its 2nd Europe property
HOTEL101 GLOBAL HOLDINGS Corp., the Nasdaq-listed hospitality arm of DoubleDragon Corp., is expanding further into Europe with a 429-room development in Milan, marking its second project in the region as it accelerates its international rollout.
1 mins
December 01, 2025
Business World Philippines
MGEN, ACWA to develop 125-MW solar farm in Iloilo
MERALCO POWERGEN Corp. (MGEN) and Saudi Arabia-based ACWA Power are moving forward with a planned 125-megawatt (MW) solar project in Concepcion, Iloilo in central Philippines, marking the first venture under their partnership.
1 min
December 01, 2025
Listen
Translate
Change font size