What's News Post

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Daraga tops list of Richest Bicol towns of 2017

The town of Daraga in Albay province, has total assets of P1.029 billion making it to the top of the list among the richest municipal local government units (LGU) for 2017, besting 106 others in Bicol region, according to the Commission on Audit (COA). Daraga, aside from topping the list, […]

Naga is richest city in Bicol region

Naga City, Bicol’s financial, business, educational and religious capital now has a total net worth of over P4.675 billion, making it the richest local government unit (LGU) in the region, according to the Commission on Audit (COA). The City of Ligao, in Albay province, followed far second, with a total […]

No economy is an island, so will PH get hit by BREXIT?

Not yet in and yet, the choice technocrats of the incoming Duterte regime are quick to sound off that the European phenomenon called BREXIT, the departure of the United Kingdom (also known as Great Britain) from the European Union will have no effect on the local economy. While many countries […]

Government funds core housing for indigent victims of Typhoon Glenda

The government through the social welfare department is funding reconstruction and rehabilitation of damaged residential units in identified barangays of San Jose town of Camarines Sur amounting to P6.7 million. The local municipal government in turn, will contribute a counterpart sum of P750,000 for the same endeavor. The targeted beneficiaries […]

Mayon: The mounting cost of keeping safe the evacuees

After the state volcanology institute Phivolcs raised alert level 3 pertaining to Mayon’s restiveness, the government starts piling millions of pesos in current and projected expenses beginning from the day residents were hauled from the affected areas to the evacuation sites in Albay. So now, governor Joey Salceda has announced […]

Ombudsman indicts Masbate governor Lañete for P112-M PDAF scam

The Ombudsman has found probable cause to criminally charge a former member of the House of Representatives representing a district of Masbate province before the anti-graft court Sandiganbayan, in connection with the alleged misuse of the pork barrel funds. Current Masbate governor and former congressional district representative Rizalina L. Seachon-Lañete […]

Mayon disaster tourism has positive side

Even with the impending eruption of Mayon volcano, there are tell tale signs that disaster tourism has positive economic benefits to the province of Albay and Legazpi city. The national government thru its various national agencies are pouring millions of pesos as ready funds to finance expenditures and purchases of […]

President Aquino’s foreign trips in 2014 costs P71.3M

President Benigno S. Aquino III’s foreign trips shouldered by the government are piling high and now totals P71.3 million for his 4 successive outings in 2014. And there are still three more months left in the year. President Aquino’s trip to four countries in Europe and the United States this […]

Why NIA replaced its Bicol regional manager

NAGA CITY -– National Irrigation Administration announced that on September 1st, engineer William Ragodon, the regional manager based in the city of Naga, was being replaced with a new one. The personnel reshuffle is instituted by the NIA board of directors headed by its new chairperson, former senator now head […]

WB extends P22.4-B fund for PH infra projects

The Philippines will receive a hefty financial package from the World Bank amounting to US$508 million (P22.4 billion) earmarked for infrastructure, business and livelihood assistance, which can help over two million farmers and fishermen secure a higher income in the next six years. More than 70 percent of the fund […]

Phase-out: Post offices in Camarines Sur undergo consolidation

The ease of usage by cellphone text messaging and the internet has finally caught up the territory previously dominated by the post office, that of sending and delivering letters. Little did many surmised before that it could lead to something economically disadvantageous to some sectors. One government agency is slowly […]

Sorsogon officials say Albay bloats disaster report

SORSOGON CITY – After the storm that hit the Bicol region comes the backlash. Sorsogon provincial officials accuses the Albay leadership of allegedly seeming and deliberate exaggeration and padding on estimated disaster report on the value of devastation wrought by Typhoon Glenda. Of the six Bicol provinces, Albay claimed to […]

PH economy projected to sustain 6.5% growth in 2014

MANILA, Jan. 6 — The country’s economy is projected to sustain a robust growth of 6.5 percent this year, slightly lower than the 2013 estimate of 6.75 percent, on the back of buoyant infrastructure investments and stronger consumption, according to a finance firm. “The administration’s main thrust is infrastructure spending […]

No new tax imposition this year – Malacanang

MANILA — There will be no new tax imposition this year. This assurance came from Malacanang reassuring the public that there will be no new tax policy to be imposed by the government in 2014. A palace deputy presidential spokesperson instead said the Aquino administration will continue to focus on […]

Catanduanes governor cancels X’mas party, will donate food to the poor

Provincial capitol employees of Catanduanes will skip the Christmas party this year. This was confirmed as the governor of Catanduanes has scrapped the traditional merriment in favor of a very noble purpose.. Governor Araceli Wong said in a statement that the savings by the provincial government from the cancellation of […]

What's Rising

Mayon disaster tourism has positive side

Even with the impending eruption of Mayon volcano, there are tell tale signs that disaster tourism has positive economic benefits to the province of Albay and Legazpi city. The national government thru its various national agencies are pouring millions of pesos as ready funds to finance expenditures and purchases of […]

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BIR to implement secured tax stamps for cigarettes

The government might start affixing tax stamps on cigarettes by April next year to ensure tax compliance among tobacco companies. Internal Revenue Commissioner Kim Henares disclosed this during a recent hearing conducted by the House Committee on Ways and Means chaired by Rep. Romero “Miro” Quimbo (2nd District, Marikina City) […]

The Thin Line That Divides Everything in Our Lives

The big, influential businesses accumulate profits and get the government’s favorable attention much of the time. On the other side are hapless workers literally wrapped in the palms of big business, choking. Already, they howl and scream on the city streets yet get the caressing water guns of the government. Hence, workers are warped into a time very much comparable when there exist no justice for all but for the people wtih deep pockets and capital.

PH Losing Grip as Text Messaging Capital of the World

Many Pinoys feel a sense of pride upon learning that the Philippines has been acknowledged the text messaging capital of the world in the past years. It is of no wonder since in one household, almost all members of the family that can read and write, therefore can text, have a cellphone for the purpose. But wait, there could be a looming change on this.

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Throwback

Forty Eight Bicol Towns Earn P2.5B in 2004

For the fiscal year of 2004, 48 Bicol towns out of 107 earned an income of P37M or more which totalled P2,478,990,989 out of the regional earnings of P3,951,780,429. Of these local government units, twenty breached the P50M yearly income while the reamaining 28 municipalities earned between P35 but less than P50M.

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How Bicol Provincial LGU’s Spent People’s Money in 2009

We are crunching figures here.  This time, we discuss how the six Bicol provinces spent the people’s money in 2009. Selected were five current operating expenditures which ate up much of the operating income of, and by comparison with, all six provincial local government units. General Public Service The province […]

Bicol Municipal LGU’s Income Trail Others

For purposes of checking out how Bicol municipal LGUs’ income compare outside of the region, thus we continue the series on this one. Twenty five towns of the Philippines earned between +P200M and +P1.05B for the year 2006. The National Capital Region’s San Juan dwarfed all others on this category.

BPO: PH Employees Receive Low Salaries

Despite the supposed high salaries of Filipino call center agents, they could only out-earn their American counterparts by 2037, based on a Watson-Wyatt study released last year and published by the CCAP magazine “Connect”. At that time, the salary rate hikes for the “low-cost but qualified labor” of Filipinos were rising at 9-percent on average versus 3-percent in the US.

President Aquino’s foreign trips in 2014 costs P71.3M

President Benigno S. Aquino III’s foreign trips shouldered by the government are piling high and now totals P71.3 million for his 4 successive outings in 2014. And there are still three more months left in the year. President Aquino’s trip to four countries in Europe and the United States this […]

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