The loan acquired by the Gamboa Hermanos Farmworkers Multipurpose Cooperative for sugar operations in 2007 from the Philippine Sugar Corp. was authorized by its Board of Directors and ratified by the general assembly.
This was emphasized by the leaders of the group in a special meeting it held recently, a copy of the minutes of which was furnished to the DAILY STAR.
The coop board also resolved that the management appeared before the Philsucor officers and directors to justify and discuss the need of the cooperative to secure the loan. It said that the involvement of Rep. Julio Ledesma IV (Neg. Occ. 1st District) in the loan acquisition is limited only to providing real estate collateral through the San Julio Realty Inc. which he co-owns.
PVO posts P550K-profit
from livestock, dairy fair
The Negros Occidental Provincial Veterinary Office has generated a total sales of P550,000 at its Livestock and Dairy Fair at the 20th Panaad Festival, PVO records showed yesterday.
Provincial Veterinarian Dr. Renante Decena said the sales were not remitted to the province because these are direct sales of the exhibitors and livestock and poultry raisers who joined the fair.
He said most of the income came from accredited PVO associations like the sheep, goat, and poultry raisers, pastors, and paraveterinarians.
TUCP, BPO stakeholders
ink pact for workers’ cause
The Trade Union Congress of the Philippines has forged a partnership agreement with stakeholders in the business process outsourcing industry to advance the interest of about 700,000 BPO workers around the country, the group said in a press release yesterday.
TUCP’s Roland de la Cruz said the Filipino workers in the BPO industry are the new heroes of the economy and the ones who brave the graveyard shift and the dangers that come with it, so they have to be need provided adequate job security and social protection through trade unionism, the press release said.
The signing of the partnership agreement was held last April 30 in Manila, as part of the pre-Labor Day union activities of the TUCP—International Trade Union Confederation the group said.