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Banks Rise and Fall? LBC Placed Under Receivership

The past weekend the Philippine Deposit Insurance Corporation has taken over the assets and liabilities of the LBC Development Bank per MB Resolution No. 1354 dated September 9, 2011.…

September 12, 2011 / 4 Comments / Read More

Is PH’s Conditional Cash Transfer Program a Failure?

The Social Weather Station survey from March 4 to 7, from sample respondents of 1,200, revealed that 20.5 percent of respondents or about 4.1 million families say they went hungry…

April 11, 2011 / No Comment / Read More

The Poor and Conditional Cash Transfer Program

The open-walled Octagon building of Calabanga is a constant venue of people on the move. Poor and deprived residents of the town's different barangays pour in mass on a scheduled…

March 16, 2011 / 1 Comment / Read More

Libon Topped Albay Municipal LGU’s 2007 Earnings

For income year of 2007, the local government unit of Libon eclipsed the always front runner first class Albay town of Daraga which slid one notch lower. …

January 11, 2011 / 2 Comments / Read More

LGU Libmanan Surpasses the P100M Earnings in 2007

For the fiscal year of 2007, the LGU of Libmanan was the first and only that surpassed the P100M earnings among the 35 municipalities, while capital town Pili had P87M.…

December 14, 2010 / No Comment / Read More

Filipinos to Shoulder P44 Billion in CCT Loan Repayment

Research group IBON calls on lawmakers deliberating on the budget for the controversial Conditional Cash Transfer (CCT) Program to look into the resulting additional debt burden that Filipinos will shoulder…

December 4, 2010 / No Comment / Read More

New Albay Airport Benefits from PPP Initiative

The new airport in Daraga town of Albay, otherwise referred to as the southern Luzon international airport, is Bicol's share in the PPP project being initiated by the PH government.…

November 23, 2010 / 1 Comment / Read More

PPP: Less Gov’t Responsibility, More Public Debt

Through PPP projects, many crucial responsibilities of the government are being transferred to profit-oriented private corporations and banks, particularly the development and operation of core infrastructure such as roads and…

November 21, 2010 / No Comment / Read More

PPP: More Public Debt, Less Gov’t Responsibility

Experiences show PPPs did not guarantee savings for the government but even bloated the public debt. And it can only get worse under the Aquino government’s new schemes for more…

November 20, 2010 / 1 Comment / Read More

Many PH Cities Depend on IRA share in 2006

One of the fastest growing city in terms of annual income and population of PH and the only one in the province of Rizal, Antipolo is one LGU that effectively…

November 16, 2010 / No Comment / Read More