PBBM leads celebration of National Cooperative Day; Dong Feng Motors launched

Transcript

00:00 President Ferdinand R. Marcos Jr. recognizes the contribution of Cooperative Development Authority

00:06 to assure food security and economic development.

00:09 Meanwhile, the Chief Executive also leads the launching of Dongfeng Motors in Pasig City.

00:15 Alan Francisco tells us more details in this report.

00:19 President Ferdinand R. Marcos Jr. leads the celebration of National Cooperative Day in

00:26 Malacanang. This year's theme of the celebration is "Cooperative, Pioneering the Path to Recovery

00:33 Amidst Modern Challenges of Climate Change and Food Security."

00:37 The event was attended by about 300 cooperative leaders from Luzon,

00:40 Visayas and Mindanao and some government officials. In President Marcos' speech,

00:46 he emphasized the importance of cooperatives to help the Filipinos, particularly the farmers.

00:52 President Marcos also ensured that the government has supported the cooperatives.

00:57 This celebration is in accordance with Republic Act No. 11502, which aims to emphasize the

01:03 contribution of the cooperative movement to the economic development of the country.

01:24 President Marcos promotes the electric vehicles in the country in the launching of a Chinese

01:29 automobile. According to President Marcos, the government's goal is to increase electric

01:34 vehicles in the country until 2040. In data gathered since 2020, there are more than 8,000

01:40 e-vehicles right now in the country. And to increase this number further, there should be a

01:45 gradual shift of electric vehicles to the public transport sector. In conjunction with this,

01:51 the government is implementing its POV modernization program. There are special

01:56 loan facilities and subsidies for purchases of e-vehicles. Currently, there are 400 electric

02:02 public utility vehicles operating in different routes throughout the country, which, according

02:07 to the president, provide safe, modern, comfortable and green transportation to the public.

02:14 So it's my firm belief that these endeavors will not only gain momentum, but also wider adoption

02:21 moving forward as our people realize the benefits of these vehicles in their communities.

02:26 So I enjoin the public to support the programs and policies of government,

02:32 as well as opt for alternative or renewable sources of energy.

02:36 Alan Francisco for the nation.