• Co-ops' CISA Compliance Good for Economy

    Credit Information Corporation CEO Jaime P. Garchitorena lauded the release of the Cooperative Development Authority’s Memorandum Circular 2019-01, as: “a significant step in achieving many of the inclusive lending targets of the National Government.”   Asked why co-ops need to Read More
  • CDA Tells Co-ops to Submit Credit Data to CIC

    The Cooperative Development Authority (CDA) has confirmed that co-ops must ‘establish, maintain, and submit credit data’ of members to the Credit Information Corporation (CIC).   Said government agency issued its first memorandum circular for the year, Memorandum Circular 01-2019, named Read More
  • All China Co-op Leaders Visit NATCCO

    QUEZON CITY – Delegates from the All China Federation of Supply and Marketing Cooperatives (ACFSMC) visited the NATCCO Network headquarters on September 18 to exchange information, learn about the Philippine cooperative sector, and explore business linkages.   The Chinese delegation Read More
  • Sector Honors 3 Tagum Co-op Leaders

    DAVAO CITY -- Three leaders of Tagum Cooperative were honored at the 14th National Cooperative Summit held at the SMX Convention City here, before some 3,000 co-op leaders from all over the country.   Mr. ANTONIO C. ARAÑAS, MPA has served Read More
  • Lezo MPC's Champion, Aklan's Pride

    AKLAN – She served the National and Local Government as a dedicated, hardworking Municipal Agriculturist Extension Worker of the Municipality of Lezo for 42 years, before she retired in 2010.  And Emelinda Revestir-de la Cruz has proven herself to be Read More
  • COOP-NATCCO Partylist guns for 3 seats

    All cooperative members, leaders, staff, management and stakeholders are reminded to support COOP-NATCCO Partylist (CNPL) in the upcoming 2019 Elections.  Support is through – voting, campaigning, or providing finances and logistics.   The CNPL, since 1998, has endeavored to protect Read More
  • Ravanera, Chinese Counterpart Sign Agreement

    The Cooperative Development Authority (CDA) represented by Chairperson Orlando R. Ravanera and the Ministry of Agriculture and Rural Affairs (MARA) of the People's Republic of China represented by Han Changfu, signed a Memorandum of Agreement (MOU) for the Strengthening of Read More
  • Financial Pillar Shows Challenges & Hopes of Co-ops

    DAVAO CITY – One of the highlights of the 14th National Cooperative Summit was the Financial Pillar Presentation.  The Financial Pillar is considered to be the most “liquid” sector of the cooperative, delving into financial services.   The Finance Pillar Read More
  • How Lamac MPC Engages Youth

    DAVAO CITY - Co-op Youth Leader Justine Limocon of Lamac Multi-Purpose Cooperative in Cebu Province, spoke at the Cooperative Summit before more than 3,000 co-op leaders from all over the country, urging them to engage the youth in their cooperatives.   Read More
  • NATCCO GA on April 26-28 in Iloilo City

    ILOILO CITY – Representatives of member cooperatives of the NATCCO Network will converge in Iloilo City on April 26-28 for the 17th Coop Leaders Congress and the 42nd General Assembly.  Venue is the Grand Xing Imperial Hotel.   This year’s Read More
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10

Co-op Opens Gas Station in Tagbilaran City

TAGBILARAN CITY -- The Bohol Community Multi-Purpose Cooperative which has 1,000 members inaugurated on February 27 its own gasoline station.  Jannete Romero and Melchor Daniel, BCMPC’s Manager and Chairman, respectively, led the opening of the cooperative’s Phoenix Gasoline Station, the first in the province, located along Gallares Street.
 
City Mayor John Geesnell Yap IIand Cooperative Development Authority Administrator Benjie Oliva attended the event.
BCMPC’s gas station is the first owned by a cooperative in Bohol.
 
Its establishment came after the CDA called on cooperatives to start businesses in the sale of petroleum products as part of efforts to address high fuel prices in the province.
 
The BCMPC aims to sell fuel at lower prices than those of the “Big Three” fuel stations, its officials said.
Oliva called on other cooperatives to venture in the fuel retail business.
 
According to Oliva, several individuals have monopolized the industry, causing the rise in fuel prices.  
 
“The two major problems of the province right now in terms of the high cost of fish are caused by few people of this province monopolizing all of these enterprises,” he said.
 
The Bohol Provincial Board has previously tackled the fuel situation in the province due to public clamor against purported exorbitant petrol prices.
 
Meanwhile, Yap welcomed the new development, noting that it adds to the fuel brand choices of motorists in the city and generates employment.
 
“Everytime nga nay bagong mga establishment, i-welcome gyud nato ni kay additional kita ni sa atong siyudad at the same time job opportunities ug ang pinaka-importante naan a puy laing option ang atong mga motorist,” he said. (Everytime there is a new establishment, let’s welcome it because it is additional income for our city and at the same time it generates job opportunities, and most important our motorists now have an option.)
 
www.boholchronicle.com.ph
 

Do you have exciting events in your coop? Share it with us, and we'll feature it in our website!

Email us:
This email address is being protected from spambots. You need JavaScript enabled to view it.

Mail your Documents to:
NATCCO Network
c/o Member Relations and Networking Group
227 J.P. Rizal Street Proj.4 Quezon City 1109

For more Information:
913.70.11-15 loc.310
912.54.10 (telefax)