Skip to content

Philippines Today

home of the Global Filipino

Menu
  • News Stories
  • Regional News
  • Business & Economy
  • Science & Technology
  • International
Menu

4 Bulacan co-ops appeal for gov’t help to recover their sales’ share on imported rice

Posted on July 19, 2015

SAN MIGUEL, Bulacan, July 19 (PNA) — At least four farmers’ cooperatives in this province are appealing to the government to help them recover their shares from the sales of their imported rice from Thailand.

Officials of the Lambakin Agriculture Marketing Cooperative, Kalahi Farmers Multi-Purpose Cooperative, St. Christopher Multi-Purpose Cooperative, and Paliwasan Multi-Purpose Cooperative said they will ask for President Benigno S. Aquino III, through Presidential Assistant for Food Security and Agricultural Modernization Francis Pangilinan, to intervene in their behalf with their financial partner, All Asia Countertrade Inc., for the release of their profits from the sales of the imported rice that is equivalent to PhP8 million gross profit for each cooperative that was given a rice allocation to import 100,000 sacks each.

The rice importation was under the government’s minimum access volume program in 2014, and the program refers to the minimum volume of farm produce, such as rice, allowed to enter into the Philippines at reduced tariffs.

The chairpersons of the cooperatives, Soledad Tecson, Leonito Sacdalan, Florida de Guzman and Hermogenes Baltazar, respectively, chorused that up to now, their financial partner has yet to fully deliver to them their share in the sales of their imported rice that arrived sometimes in the first quarter of the year.

As the wet planting season for rice has now started, the farmers’ groups lamented that they badly needed financial help for their farm inputs.

De Guzman noted that their financial partner “wanted to transact with only one representative for all the cooperatives” and that they endorsed and assigned Eliseo Velasco to transact for and in behalf of the cooperatives in the rice importation.

Tecson explained that Velasco was their former chairman of the cooperative but in April this year, they withdrew their authority to him to transact business in behalf of their cooperative due to loss of confidence.

Up to now, the cooperative officials and members said that Velasco fails to fully deliver what is due them with the cooperative headed by Tecson not yet receiving a single cent from their share while the three other cooperatives received only around 20 percent of their shares.

Tecson also said that they have already provided All Asia Countertrade Inc. all necessary documents, including the certification from the Cooperative Development Authority (CDA), certifying that it recognizes her as the present chairman of the cooperative.

Serafin Manalili, provincial director of the National Food Authority (NFA) in Bulacan, has confirmed that Velasco was removed as chairperson of the cooperative, with Tecson replacing him.

On the other hand, a certification from the CDA regional office in Pampanga dated July 6, this year, certified that it recognizes Tecson as the present chairman of the cooperative.

Sacdalan said that they will ask Secretary Pangilinan to dig deeper into the transactions of Velasco with their financial partner and added that they already seek the help of the National Bureau of Investigation regarding their predicament.

“We are also willing to file necessary charges against our financial partner if it is proven that they did remiss in their duties in releasing our shares from the sales of our imported rice from Thailand as claimed by Velasco,” Sacdalan added. (PNA)

Share this:

  • Facebook
  • Twitter
  • LinkedIn
  • Pinterest
  • More
  • Tumblr
  • Reddit

Related

News Categories

  • Announcement (34)
  • Business & Economy (1,567)
  • Comment and Opinion (74)
    • Random Thoughts (18)
  • Current Issues (425)
    • Charter Change (1)
    • Election (228)
    • Population (6)
  • International (389)
  • Life In Japan (66)
    • Everything Japan (41)
  • Literary (34)
  • Miscellaneous (610)
  • News Stories (5,312)
  • OFW Corner (297)
  • Others (75)
  • People (408)
  • Press Releases (163)
  • Regional News (3,362)
  • Science and Technology (502)
  • Sports & Entertainment (287)

Latest News

  • BSP keeps policy rates anew December 17, 2015
  • NEDA cuts PHL additional rice import for 2016 by 25% December 17, 2015
  • DA cites serious implications of banning genetically modified products December 17, 2015
  • BBL is not yet dead – Drilon December 17, 2015
  • Comelec recognizes Duterte’s CoC for president December 17, 2015
  • NEDA chief sees 2015 growth at 6% despite typhoons December 17, 2015
  • House of Representatives ratifies bicam report on P3.002-T national budget for 2016 December 17, 2015
  • Cebu-based developer invests PHP430M to build 709 townhouse units in north Cebu town December 17, 2015
  • City gov’t eyes P75-M income from economic enterprise December 17, 2015
  • Baguio City LGU presents traffic plan for holiday season December 17, 2015

Archives

Meta

  • Log in
  • Entries feed
  • Comments feed
  • WordPress.org

Science and Technology

  • DOST-ICTO targets 500,000 web-based workers from countryside by 2016
  • (Feature) STARBOOKS: A ‘makeover’ for librarians
  • Science, research reduce ‘cocolisap’ hotspot areas in PHL
  • Montejo to further improve PAGASA and empower scientists
  • 1st PPP in biomedical research produces knee replacement system fit for Asians

Press Releases

  • Microsoft to buy Nokia’s mobile devices business for 5.44-B euros
  • New World Bank climate change report should spur SEA and world leaders into action: Greenpeace
  • Save the Philippine Seas before it’s too late — Greenpeace
  • Palanca Awards’ last call for entries
  • Philippines joins the global call for Arctic protection

Comment and Opinion

  • Remembering the dead is a celebration of life
  • Killer earthquake unlikely to hit Panay Island in near future – analyst
  • It’s not just more fun to invest in the Philippines, it is also profitable, says President Aquino
  • How does one differentiate a tamaraw from a carabao?
  • Fun is not just about the place, it is also about the people, says DOT chief

OFW Corner

  • Ebola infection risk low in Croatia
  • Death toll rises to 41, over 100 still missing in landslide in India
  • Asbestos use in construction a labor hazard
  • 500,000 OFWs to benefit POEA on-line transactions — Baldoz
  • 25 distressed OFWs return home from Riyadh
©2025 Philippines Today | Design: Newspaperly WordPress Theme