Published August 4, 2021, 3:28 PM
The Department of Finance (DOF) said the coco levy trust fund is a “powerful instrument” that will reinvent the coconut industry and ensure support for farmers amid the continuing decline of copra prices in the global market.
Finance Secretary Carlos G. Dominguez III said on Wednesday, August 4, said that there was “perhaps no greater reform” in addressing the impact of the steady drop in the prices of copra and coconut oil than the enactment of the Coco Levy Trust Fund Law this year.
Republic Act (RA) No. 11524 or the Coconut Farmers and Industry Trust Fund (CFITF) Act was signed into law by President Duterte in February, marking the fulfillment of his promise to return the coco levy funds to their true and rightful owners the coconut farmers.
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Published July 23, 2021, 10:48 AM
The Department of Agriculture (DA) inaugurated the Fisheries Building Complex, which will soon house the central operations of the Bureau of Fisheries and Aquatic Resources (BFAR).
According to a statement, BFAR is now gradually moving its Central Office into one of the buildings in the Fisheries Building Complex, the agency’s newly constructed headquarters that will soon house all of its frontline and support services.
BFAR’s new headquarters, which now stands inside the Bureau of Plant Industry Compound in Vasra, Visayas Avenue, is a couple of meters away from the Philippine Coconut Authority, the agency’s home for many years.
Published July 17, 2021, 1:29 PM
Marine Maj. Gen. Edgard Arevalo formally relinquished his posts as spokesperson of the Armed Forces of the Philippines (AFP) and commander of the Education, Training, and Doctrine Command (ETDC) as he bowed out of military service Friday, July 16.
Maj. Gen. Edgard Arevalo (second from left) retires as spokesperson of the Armed Forces of the Philippines (AFP) and commander of the Education, Training, and Doctrine Command (ETDC) on July 16, 2021 in a ceremony held at Camp Aguinaldo in Quezon City. (Photo courtesy of AFP)
Arevalo will turn 56 years old on Sunday, July 18, the mandatory retirement age for uniformed personnel.
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