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The increasing role of workers’ cooperatives

November 25, 2011

There are many ways of skinning the capitalist cat. Instead of the Marxist cry for workers to unite to destroy the free enterprise system and replace it with Socialism, there is the rising trend towards workers forming cooperatives to engage in all types of business. I am glad to see more workers’ cooperatives in the Philippine business scene. Read the rest of this entry »

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Co-ops to fuel economy

October 20, 2011

The 1st Central Visayas Co-op Solidarity Council conference reels off today at the Waterfront Cebu City Hotel and Casino in barangay Lahug, a three-day activity that brings together more than 700 coop leaders from all over the central islands. Read the rest of this entry »

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Cooperatives bled users P55B in 2010

September 9, 2011

A PROTEST for the allegedly unaccounted members’ contribution for capital expenditures (MMC) included in their electric bills is being called today (Friday) to the more than five million households serviced by electric cooperatives. Read the rest of this entry »

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BIR to restrict grant of tax perks to cooperatives

August 18, 2011

THE Bureau of Internal Revenue (BIR) on Wednesday said it is restricting the grant of fiscal incentives to cooperatives amid loopholes in the law, which has allowed for-profit enterprises to avoid tax and labor rules. Read the rest of this entry »

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Tax treatment of cooperatives

January 20, 2011

The spirit underlying the formation of cooperatives is universal to all types of human groupings — from families to clans and tribes to society — which is to seek a common goal for the common good. Read the rest of this entry »

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Malacañang vows support for cooperatives

October 11, 2010

MALACAÑANG yesterday vowed to adopt policies and programs to promote the growth of cooperatives in the country. Read the rest of this entry »

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Options for cooperatives

August 12, 2010

RA 9520, otherwise known as the Philippine Cooperative Code of 2008 integrates the many laws that govern other types of cooperatives into a consolidated law. Examples of these cooperatives that used to be covered by separate and distinct laws are those in the Electric, Transport and the Water Services businesses. Read the rest of this entry »

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Cooperatives and the crisis: “Our customers are also our owners”

July 6, 2010

Cooperatives have been more resilient to the deepening global economic and jobs crisis than other sectors. Report from Sweden.

Another call is coming in from a customer to a modern call centre in Malmö in southern Sweden. The caller wants to discuss insurance, and the call centre agent, sitting at their terminal and speaking through a head-set, begins to explain the terms of the policies available. The conversation progresses, the sale is made. Read the rest of this entry »

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The long hard climb of the Cooperative Bill into law

June 23, 2010

Politics is the battlefield of diverse interests. The clashes of opposing interests have made political activities, especially lawmaking, an arduous task. A bill may be meant for the public good but if it runs against the interest of some affected groups, expect those groups to give the bill a rough sailing in Congress. It is not surprising, therefore, that some lawmakers reluctantly agree to the watering down of their pet measures just to make sure that they become laws. After all, there is always the opportunity in the next Congress to give more teeth to the laws. Read the rest of this entry »

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High tribunal upholds state control of co-ops

February 8, 2010

The National Electric Administration has the authority to designate its officials and employees to electric co-operatives provided that they do not collect allowances or monetary benefits from these private enterprises. Read the rest of this entry »