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My respect and warm cooperative greetings to
Philippine Competition Commission (PCC) Officials - headed by its
Chairman Arsenio M. Balisacan, Commissioner Johannes Benjamin
Bernabe, Commissioner Amabelle Asuncion, Commissioner Macario R. De
Claro, Jr. and other PCC officials present today
My dear Colleagues - CDA EO Directors
Resource Persons
Distinguished Representatives from MSMEs and cooperatives
Ladies and Gentlemen
A Pleasant Good Morning to one and all
To formally open this forum on the Philippine Competition Act (PCA), for
MSMEs and Cooperatives I would like to express my warm welcome to all
of you.
Business is the country’s engine for growth. Business is our essential
partners. Definitely, our MSMEs and cooperatives are the frontline of
action. Thus, the forum offers overview of the PCA (RA 10667) and PCC
to share information on how to foster a culture of competition in the
Philippine business landscape in line with Philippine Development Plan and
the present administration’s 10-point socioeconomic agenda.
Today, we will learn from our Distinguished Speakers the National
Competition Policy and how they are advocating business innovation,
expanding consumer choice and to improve public awareness on RA
10667.
Cooperatives are formed to meet peoples' mutual needs. They are based
on the idea that together, a group of people can achieve goals that none of
them could achieve alone. Membership in cooperative businesses has
grown to 1.25 billion in 2018 from 3 million cooperatives across 96
countries. The ILO estimated that there are 100 million jobs provided by
the cooperatives in the world today.
The Philippine Cooperative Movement celebrated its centennial year in
2015. With very rich experience, accumulated over its 100- year existence,
the Philippine cooperative movement remains very relevant and is ready to
take on greater challenges ahead
As of December 2018, the CDA reported there are about 28,784 registered
cooperatives with a 10.7 M membership, generated 581 T employment,
with a total assets of PhP 429.70 Billion and earned a Net Surplus of PhP
18.6 Billion pesos.
This goes to show that the existence of cooperatives in the country is a
strong manifestation of its role in developing businesses from the
grassroots and for empowering the underserved, vulnerable and
marginalized Filipinos.
The cooperative sector is an indispensable and integral part of the local,
national to global economy; includes cooperatives ranging from MSM scale
to large multi-billion businesses. In the Philippines, cooperatives are
categorized as micro (51.2%), small (26.10%) Medium (17.4%) large
(5.3%).
There are 27 types of cooperative existing in the Philippines: 19 types
based on RA 9520 and based on CDA MC 4 types were added namely:
Agriculture, Small Scale Mining, Labor Service and Practice of Profession
and recently, an additional of 54 CSFs established by the Bangko Sentral
ng Pilipinas (BSP) all throughout the country from the year 2008 to 2018
will be registered as CSF cooperatives upon completion of the required
documentary requirements.
It is extremely difficult to make assessments of the situation of the
cooperative sector in individual countries, and in particular about the
market share of cooperatives. To determine the economic contributions of
cooperatives in the future, the CDA coordinated with Philippine Statistics
Authority (PSA) to categorize business activities in accordance with
Philippine Standard Industrial Classification (PSIC) such as: 1) Agriculture,
fishery and fishing; 2) financial and insurance activities; 3) Manufacturing
wholesale and retail trade; 4) Accommodation and Food service to begin
with.
One of the practices of the first successful cooperative society - Rochdale
Society of Equitable Pioneers in 1844 was on “fair trade” in terms of full
weight and measure should be given to members. The succeeding
consumer cooperatives build on their businesses on “fair trade”. Hence,
this forum is relevant for the MSMEs and cooperatives in order for them to
learn the benefits of competition. We hope PCC can show the way on how
to coordinate, be coherent and integrate businesses in synergy rather work
in silos.
Thank you and its a pleasure to have you today in this forum.
Together, let us advance a vibrant economy through a fair market
competition.
Let us support the needs of the present and future generations.
I wish you all an engaging and successful forum.
As of December 2018
Total Registered Coops – 28,784
Total Reporting Coops – 11,138
Asset Size Membership
(Millions)
Employment
(Thousands)
Asset
(Billion Pesos)
Net Surplus
(Billion Pesos)
Large 585 5.3 7.6 190.1 329.0 12.5
Medium 1,934 17.4 1.8 93.1 74.1 4.5
Small 2,911 26.1 0.8 111.3 21.0 1.3
Micro 5,708 51.2 0.5 186.2 5.6 0.3
Total 11,138 100.0 10.7 580.8 429.7 18.6
Reporting
Coops
As of December 2018
Total Registered Coops – 28,784
Total Reporting Coops – 11,138
Asset Size Membership
(Millions)
Employment
(Thousands)
Asset
(Billion Pesos)
Net Surplus
(Billion Pesos)
Large 585 5.3 7.6 190.1 329.0 12.5
Medium 1,934 17.4 1.8 93.1 74.1 4.5
Small 2,911 26.1 0.8 111.3 21.0 1.3
Micro 5,708 51.2 0.5 186.2 5.6 0.3
Total 11,138 100.0 10.7 580.8 429.7 18.6
Reporting
Coops

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Opening Remarks PCC

  • 1. My respect and warm cooperative greetings to Philippine Competition Commission (PCC) Officials - headed by its Chairman Arsenio M. Balisacan, Commissioner Johannes Benjamin Bernabe, Commissioner Amabelle Asuncion, Commissioner Macario R. De Claro, Jr. and other PCC officials present today My dear Colleagues - CDA EO Directors Resource Persons Distinguished Representatives from MSMEs and cooperatives Ladies and Gentlemen A Pleasant Good Morning to one and all To formally open this forum on the Philippine Competition Act (PCA), for MSMEs and Cooperatives I would like to express my warm welcome to all of you. Business is the country’s engine for growth. Business is our essential partners. Definitely, our MSMEs and cooperatives are the frontline of action. Thus, the forum offers overview of the PCA (RA 10667) and PCC to share information on how to foster a culture of competition in the Philippine business landscape in line with Philippine Development Plan and the present administration’s 10-point socioeconomic agenda.
  • 2. Today, we will learn from our Distinguished Speakers the National Competition Policy and how they are advocating business innovation, expanding consumer choice and to improve public awareness on RA 10667. Cooperatives are formed to meet peoples' mutual needs. They are based on the idea that together, a group of people can achieve goals that none of them could achieve alone. Membership in cooperative businesses has grown to 1.25 billion in 2018 from 3 million cooperatives across 96 countries. The ILO estimated that there are 100 million jobs provided by the cooperatives in the world today. The Philippine Cooperative Movement celebrated its centennial year in 2015. With very rich experience, accumulated over its 100- year existence, the Philippine cooperative movement remains very relevant and is ready to take on greater challenges ahead As of December 2018, the CDA reported there are about 28,784 registered cooperatives with a 10.7 M membership, generated 581 T employment, with a total assets of PhP 429.70 Billion and earned a Net Surplus of PhP 18.6 Billion pesos.
  • 3. This goes to show that the existence of cooperatives in the country is a strong manifestation of its role in developing businesses from the grassroots and for empowering the underserved, vulnerable and marginalized Filipinos. The cooperative sector is an indispensable and integral part of the local, national to global economy; includes cooperatives ranging from MSM scale to large multi-billion businesses. In the Philippines, cooperatives are categorized as micro (51.2%), small (26.10%) Medium (17.4%) large (5.3%). There are 27 types of cooperative existing in the Philippines: 19 types based on RA 9520 and based on CDA MC 4 types were added namely: Agriculture, Small Scale Mining, Labor Service and Practice of Profession and recently, an additional of 54 CSFs established by the Bangko Sentral ng Pilipinas (BSP) all throughout the country from the year 2008 to 2018 will be registered as CSF cooperatives upon completion of the required documentary requirements. It is extremely difficult to make assessments of the situation of the cooperative sector in individual countries, and in particular about the market share of cooperatives. To determine the economic contributions of cooperatives in the future, the CDA coordinated with Philippine Statistics
  • 4. Authority (PSA) to categorize business activities in accordance with Philippine Standard Industrial Classification (PSIC) such as: 1) Agriculture, fishery and fishing; 2) financial and insurance activities; 3) Manufacturing wholesale and retail trade; 4) Accommodation and Food service to begin with. One of the practices of the first successful cooperative society - Rochdale Society of Equitable Pioneers in 1844 was on “fair trade” in terms of full weight and measure should be given to members. The succeeding consumer cooperatives build on their businesses on “fair trade”. Hence, this forum is relevant for the MSMEs and cooperatives in order for them to learn the benefits of competition. We hope PCC can show the way on how to coordinate, be coherent and integrate businesses in synergy rather work in silos. Thank you and its a pleasure to have you today in this forum. Together, let us advance a vibrant economy through a fair market competition. Let us support the needs of the present and future generations. I wish you all an engaging and successful forum.
  • 5. As of December 2018 Total Registered Coops – 28,784 Total Reporting Coops – 11,138 Asset Size Membership (Millions) Employment (Thousands) Asset (Billion Pesos) Net Surplus (Billion Pesos) Large 585 5.3 7.6 190.1 329.0 12.5 Medium 1,934 17.4 1.8 93.1 74.1 4.5 Small 2,911 26.1 0.8 111.3 21.0 1.3 Micro 5,708 51.2 0.5 186.2 5.6 0.3 Total 11,138 100.0 10.7 580.8 429.7 18.6 Reporting Coops
  • 6. As of December 2018 Total Registered Coops – 28,784 Total Reporting Coops – 11,138 Asset Size Membership (Millions) Employment (Thousands) Asset (Billion Pesos) Net Surplus (Billion Pesos) Large 585 5.3 7.6 190.1 329.0 12.5 Medium 1,934 17.4 1.8 93.1 74.1 4.5 Small 2,911 26.1 0.8 111.3 21.0 1.3 Micro 5,708 51.2 0.5 186.2 5.6 0.3 Total 11,138 100.0 10.7 580.8 429.7 18.6 Reporting Coops