philippine news

Senate okays amendments to Cooperative Code

Aurea Calica
Philippine Star

The Senate has passed on third reading the amendments to the Cooperative Code that would reform and modernize at least 74,809 operational cooperatives in the country.

Sen. Juan Miguel Zubiri, chair of the Senate committee… Read the rest

Bring down borrowing cost of cooperatives, Palace tells Teves

Iris C. Gonzales
Philippine Star

MalacaƱang has instructed Finance Secretary Margarito Teves to look into the possibility of lowering the current interest rate for loans granted by the Land Bank of the Philippines to cooperatives.

In a memorandum to… Read the rest

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