• CDA now under DTI

    MANILA – President Rodrigo Duterte ordered the Cooperative Development Authority (CDA) to be placed under the Department of Trade & Industry (DTI).  Malacanang Palace issued Executive Order 67 on October 31.   It will be recalled that just on his Read More
  • First Co-op Chess Tourney in History

    MAKATI CITY – More than 200 chess players battled wills over the Chess Board on Sunday, October 22, at the First Co-op Cup Chess Tournament held at the Alphaland Southgate Mall, with Max Dave Tellor of Adamson University taking the Read More
  • ACCU Founder Rekindles Raiffeisen Ideals

    Mr. Andrew So, one of the founders of the Association of Asian Confederation of Credit Unions gave this inspirational speech at the 2018 ACCU Forum in September in Manila.   Social Justice is a moral principle and a moral value. Read More
  • Co-op Month Celebrated Nationwide!

    Cooperators all over the country celebrated the Cooperative Month this October, culminating in the National Cooperative Day on October 20.   According to the Co-operative Month Secretariat that collates nationwide data and monitors social media posts under the hashtag “#1coopnation”, Read More
  • Co-op Resiliency & Sustainable Development

    COOP-NATCCO Rep. Anthony Bravo delivered the following Privilege Speech in Congress last  October 8.   Mr. Speaker, honorable colleagues, I rise today as we again honor our cooperatives across the country for being resilient amidst the growing inflation and other Read More
  • Duterte Meets Leaders on 103rd Year of Philippine Co-ops

    MANILA – President Rodrigo Duterte met with 250 co-op leaders on October 17 in the Malacanang Palace, to hear co-op issues and concerns, and hear proposals on how co-ops and Government can work together to accelerate nation-building.   This is Read More
  • First Movers Ink Contractual Solidarity

    CAGAYAN DE ORO CITY – The NATCCO Network has moved closer to its Vision of becoming an integrated federation of co-ops as eight leaders signed the Contractual Solidarity Agreement.  The simple ceremony is  considered to be the highlight of the Read More
  • Let's Get Digital!

    USAID’s Mamerto Tangonan gave a talk entitled The National Retail Payment System & the Digital Finance Landscape in the Philippines, delivered at the NATCCO Co-op Leaders Congress in Limketkai Luxe Hotel in Cagayan de Oro City for all co-ops to Read More
  • First Co-op Cup Chess Tournament October 21

    Excellent Peoples' MPC and NATCCO Network recently signed an Agreement to hold the first chess tournament for co-ops.   In the spirit of Cooperative Solidarity, the First Co-op Chess Cup Tournament for co-operators is scheduled for October 21 with theme Read More
  • #1coopnation in October!

    Cooperators all over the country are enjoined to celebrate the Cooperative Month this October, culminating in the National Cooperative Day on October 20.    The Cooperative Development Authority (CDA) issued on September 7 Memorandum Circular 2018-2 declaring said date as Read More
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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
 

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