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ABS CBN What are the Issues at Hand - Why are they worthy of the License? or Why Not?


ABS CBN was ordered by the NTC National Telecommunication Commission to ceased and desist operation of broadcasting by virtue of an expired license. 

ABC CBN was originally given the license last March 30, 1995 to expire 25 years after or 2020. 

Workers Welfare: 
ABS CBN has been expressing concerns over an 11,000 workers that will be out of jobs. 

There were celebrities who expressed their opinions and appeal to the government. Among them were Coco Martin and Kim Chiu that instantly goes viral over the social media. Other showbiz personalities have also expressed their opinions.

They mainly pointed out the workers who will be out of jobs and their untimely demise in the middle of a world pandemic. On the other hand, other defended the government  

There were also other side support by some celebrities and personalities like Jobert Sucaldito who disputed Kim Chiu, Coco Martin, and turned statements against workers being made as shield of reasons for ABS CBNs cease and desist order.   
Attack on Press Freedom:
Other critics lamented the actions were an attack on Press Freedom.  FilAm activist and UP College of MassComm aired their side that ABS shutdown was an attack on Press Freedom.

Supporters of the decision of NTC rejects this idea saying a mere closure by one network, even if its the largest does not mean attacking the press freedom when all other press who legally comply government basic franchise license requirement. Other networks still operating were GMA, TV5, PTV4, CNN Philippines, and SMNI. Rappler.com a known critic of the government still operates freely and report whatever they seemed proper for the public to know. Rappler CEO Maria Ressa's answer on one interview was criticize on the number of employees of ABS CBN, the edited video can be viewed on this link. Netizens were still hoping the report on the international media was also edited and properly communicated. Other radio networks also remained operations whilst they comply government requirement.

Tax Issues.
BIR head of large taxpayers division tells the Senate panel that ABS CBN regularly pay tax. This means that tax issues hammered against ABS CBN were cleared by the BIR. A sigh of relief to the ABS company. 

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Learn How to Compute Dividend and Patronage Refund

Good day cooperators!

If you are interested to learn how to compute dividend or interest on share capital and patronage refund. I have prepared a very brief course not really a very long course but a very comprehensible one that you can easily understand and I have also prepared an excel template that you can download and use.

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Articles of Cooperation and Bylaws (Sample copy for download)








RA 9520 Philippine Cooperative Code

Republic of the Philippines
Congress of the Philippines

Metro Manila
Fourteenth Congress
Second Regular Session

Begun and held in Metro Manila, on Monday, the twenty-eighth day of July, two thousand eight.

Republic Act No. 9520             February 17, 2009

AN ACT AMENDING THE COOPERATIVE CODE OF THE PHILIPPINES TO BE KNOWN AS THE "PHILIPPINE COOPERATIVE CODE OF 2008"

Be it enacted by the Senate and House of Representatives of the Philippines in Congress assembled::
SECTION 1. Articles 1, 2, 3, 4 and 5 of Chapter 1 on General Concepts and Principles of Republic Act No. 6938, otherwise known as the "Cooperative Code of the Philippines," are hereby amended to read as follows:

CHAPTER I
GENERAL CONCEPTS AND PRINCIPLES

"ARTICLE 1. Title. - This Act shall be known as the "Philippine Cooperative Code of 2008".
"ART. 2. Declaration of Policy.- It is the declared policy of the State to foster the creation and growth of cooperatives as a practical vehicle for promoting self-reliance and harnessing people power towards the attainment of economic development and social justice. The State shall encourage the private sector to undertake the actual formation and organization of cooperatives and shall create an atmosphere that is conducive to the growth and development of these cooperatives.

How To Compute Dividend And Patronage Refund for Cooperatives



We have created an online course for Computation of Dividends and Patronage Refund and it is for FREE at teachavenue.com

The direct link to the online course can be seen in this link

We hope all cooperators can learn through our course. If you have any questions of query regarding the computation or the template or some other cooperative information please feel free to contact us at mpmanagementconsultancyfirm@gmail.com.  

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Promoting your blog in facebook is a great way to increase traffic and promote your blog. There are 3 ways to do it.

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Let's discuss them one by one.

1. Open you blog post - copy url - paste on facebook newsfeed or page

This is just merely sharing the link of your blog post and pasting it in your facebook profile.

MANUAL - EASY - STRAIGHTFORWARD.

Open your blog post - Copy the url - paste it in your facebook profile.

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Kag Danilo Flores of Hagonoy Bulacan as Mentioned by Pres Duterte last night May 4 2020


Kag Danilo Flores of Hagonoy Bulacan as mentioned by Pres Duterte in meeting last May 4 2020

COOPERATIVES ALL OVER THE COUNTRY GOING THE EXTRA MILE TO SERVE THEIR MEMBERS AND COMMUNITIES AMIDST COVID-19 PANDEMIC: REPORTS FROM THE REGIONS

It is worthy to note that cooperatives in every region are serving extra mile to It is worthy to note that cooperatives in every region are serving extra mile to its members and its community while the whole country is under the state of calamity due to Corona Virus Disease 2019 or COVID-19.  






Each and every cooperative in the different regions has their unique way of Each and every cooperative in the different regions has their unique way of extending help and assistance to members who cannot leave their house for work and livelihood because they need to stay at home and be safe from contracting virus. It is also during this hard time where the community and the local government units cancount cooperatives’ cooperation, support and resources are awe-inspiring. Truly, the spirit and  value of BAYANIHAN lives within the cooperative movement amidst this distress.



From CDA website

CDA SUPPLY CHAIN READINESS PROG FOR COOPERATIVES" LIST OF COOPERATIVES PROVIDING SERVICES TO THEIR RESPECTIVE MEMBERS AND COMMUNITIES DURING NATIONAL HEALTH EMERGENCY OPERATING UNDER ENHANCED COMMUNITY QUARANTINE GUIDELINES

Repost from CDA website
Despite the National Health Emergency brought by the Corona Virus Disease 2019 or COVID-19, the spirit of cooperativism indeed manifest with the continuous support and commitment of cooperatives that are currently providing services in different regions. The various services  provided to their members and respective communities are related to the following: food essentials (e.g. selling of agricultural products, consumers, catering, etc.), banking services, money transfer/remittances, transport service to front-liners, hauling, health services, water refilling, gasoline station and others, in consonance with the guidelines of the Inter-Agency Task Force on Emerging Infectious Diseases  (IATF-EID).





With the efforts of our CDA Regional Offices,  the list of cooperatives presently providing services during this time of health crisis is hereby presented which will facilitate  the members and community to access information and/or services of the cooperatives.



Complete list on this link See Here
Source url:
https://www.cda.gov.ph/images/Advisory/covid/Updated_list_coops_ECQ_2020_April_24.pdf

SEC Orders Mandatory Grace Period on Loans During ECQ for Financing, Lending and Micro-finance



Please be advised that, in view of the further extension of the Enhanced
Community Quarantine (ECQ) Period until 15 May 2020, the initial thirty (30)-day
grace period for the payment of loans, as provided under Section 4(aa) of Republic
Act No. 11469, or the Bayanihan to Heal As One Act1
, shall apply to all loans with
principal and/or interest falling due within the extended ECQ Period, from 17 March
2020 to 15 May 2020.



This is pursuant to Section 3.01 of the Implementing Rules and Regulations
(IRR) of Section 4(aa) of the Bayanihan to Heal As One Act, which reads:










“Section 3.01 Mandatory Grace Period. All Covered
Institutions shall implement a 30-day grace period for all loans with
principal and/or interest falling due within the ECQ Period without
incurring interest on interest, penalties, fees and other charges.
The initial 30-day grace period shall automatically be extended if
the ECQ Period is extended by the President of the Republic of the
Philippines pursuant to his emergency powers under the Bayanihan
to Heal as One Act.” 


In this light, all FCs, LCs and MF-NGOs are hereby directed to extend the 30-
day grace period to borrowers with payments due within the extended ECQ Period,
pursuant to Section 4(aa) of the Bayanihan to Heal as One Act and its IRR.



Full memorandum advice of SEC can be viewed here.