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Current Human Events & Stories

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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 […]

Gypped: 250,000 Aleco consumers face electric power rate increase

LEGAZPI CITY — Unknown to the 250,000 power consumers in Albay, the National Electric Administration has filed for a power rate increase in anticipation of the final takeover of the San Miguel Corp. of the operation of its recently acquired bankrupt electric cooperative of the province, according to documents obtained […]

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 […]

House extends validity of appropriations under calamity funds until end of 2014

MANILA — The House of Representatives on Monday approved on third and final reading Joint Resolution No. 7 extending the validity of appropriations under the calamity and quick response funds until Dec. 31, 2014. This includes those sourced from savings realigned in the current year, as well as all unobligated […]

Peso gains strength vs. dollar on Monday

MANILA, Dec. 2 — The peso strengthened against the United States dollar on Monday and is seen to remain this way until Friday on account of the volume of data set for release this week that is expected to be on the US dollar’s disadvantage. It gained P0.10 to end […]

3rd Batch of complaint on alleged misuse of P10-B PDAF may be filed?

MANILA — A new batch of complaint involving the alleged misuse of the P10-billion Priority Development Assistance Fund may be filed as a new group of whistleblowers, including government officials, have surfaced. Because of this, the second batch of complaint involving the alleged pork barrel scam filed before the Office […]

GSIS opens emergency loans for pensioners in areas hit by Typhoon Yolanda

BACOLOD CITY, Nov. 19 (PNA) — The state pension fund Government Service Insurance System is opening a window for emergency loans for its pensioners from the areas devastated by super typhoon “Yolanda,” including Negros Occidental, its chairman Daniel Lacson Jr. announced Tuesday. The EML for pensioners facility is being rushed […]

PH government sets up website for monitoring foreign aid for Yolanda survivors

The government has launched a website that allows the public to monitor the status of foreign aid for relief operations in super typhoon Yolanda-hit areas. Department of Budget and Management Undersecretary and Chief Information Officer Richard Moya said the initiative, called Foreign Aid Transparency Hub (FAiTH), may be accessed through […]

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) […]

Bicol Customs fall short of collection target in past three quarters of 2013

The regional office of the Bureau of Customs in Bicol disclosed on Monday it was short of P17.4 million in its collection target of P135.2 million during the past three quarters of this year. The agency attributed the shortfall due to the decrease in import duties paid by companies operating […]

Bicol Congressmen Use P3.881Bn Pork Barrel Funds Between 2009 and 2013

Bicol congressmen received a total of P3.881 billion pork barrel funds between 2009 and March 2013, according to the records of the Department of Budget and Management. The amount represent funds released to 24 present and past congressional representatives of the six Bicol provinces. Representative District  Amount 1 Bravo, Narciso […]

Catanduanes receive PDAF Hot Money From Party-lists A-TEACHER and ALAGAD

As we qet more clear concept on how lawmakers dipped their hands into the Presidential Development Assistannce Fund, there will be more stories that will unravel. Here’s one for the province of Catanduanes, courtesy of the Party list representatives of A-Teacher and Alagad. Books as gardening manuals and worms for […]

Albay Congressman Hits PDAF Project of Ako Bicol Party-list Lawmaker

PDAF is too hot to handle. Under the scrutiny of the public and the lawmakers themselves, funds disbursed for projects in the region are getting good attention, this time, Read this interesting report discussion here. Albay Rep. Fernando Gonzalez (LP, 3rd District) is questioning the P25-million dredging projects in Polangui […]

Bicolanos Join Million March, COA Tags 13 Congressmen in PDAF List

Bicol Headline News, August 26, 2013 Bicolanos join million march, COA tags 13 congressmen in PDAF list A unified group of concerned citizens composed of students, farmers, transport organizations and educators massed at the Penaranda Park of Legazpi city for a march rally which urged the scrapping of the controversial […]

How Seven Bicol City LGUs Spent People’s Money in 2009

Presented here is a short discussion on how the seven Bicol city local government units prioritized expenditures for the welfare of its constituents. Like the provincial LGUs, selected were five current operating expenditures which ate up much of the operating income of, and by comparison with, all seven city local […]

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 […]

Daet Tops Bicol Municipal LGUs on Income from Local Sources on FY2009

On this second installment on municipal LGUs focus is on the total non-tax revenue which consists of collections from regulatory fees (permit and licenses), service/user charges (service income), income from economic enterprises (business income) and other receipts (other general income). Daet of Camarines Norte earned the distinction to have topped […]

Sorsogon highly dependent Bicol province on IRA share for fiscal year 2009

The short discussion here will delve on the “External Sources” of income by the provincial local governments. That is specifically referring to the LGU share in (1) Internal Revenue Allotment, (2) other shares from the National Tax collections, (3) inter-local transfer, (4) and extraordinary receipts, grants donations and aids. The […]

CamSur Ranks 22nd in the 2009 Tax Revenue of PH Provinces

Here is the unofficial financial data about the Philippine provinces on tax revenue for fiscal year 2009.  Tax revenue include real property, tax on business and other taxes. Of the 80 provinces, 11 collected property tax over P155M. The list is topped by Pangasinan with collection of P437,984,080; followed by […]

Uptrend in Inflation Continues in Bicol Region

Annual inflation rate in the Bicol Region continued its uptrend in February gaining 0.3 percentage point over the January 2013 level. The year-on-year change came in at 3.4 percent, posting a five-month high in February primarily due to the double-digit spike in the prices of so-called sin products. The latest […]

A Sweeping Look at a Casureco II Power Bill

Received the other day the Casureco II bill for the household consumption of 159 kilowatts for the period between Jan. 24, 2013 – Feb. 24, 2013 . Not so funny to us each time we get hold of one but just the same we amuse ourselves of the fine prints […]

Bicol Hit By High Rate of Underemployment in July

Bicol has the highest underemployment rate among the regions in the country, according to the latest survey conducted by the National Statistics Office. About 33.5 per cent of workers or employees express the desire to have additional hours of work in their present job or to have additional job, or […]

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 at least once in the past three months.

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.

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. Libon earned over P113M against Daraga’s P109.8M. Polangui followed in far third with P84M. Coming close was Bacacay with P83.6M annual income.

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.

Call center employees in the PH receive low-end jobs

The news that the Philippines has overtaken India in the number of new hires in the call center industry has prompted a labor education NGO recently to warn industry stakeholders and the government against risking its workers’ welfare for the sake of such boom, or the projected boom up to 2016.

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. Rinconada’s Nabua made P73.2M and the third district town of Calabanga earned P72.6M.

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.

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 to repay the program’s loans.

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. Funding for its construction and completion will be sourced thru the new initiative.

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 mass transportation network, power generation, and water supply and distribution, among others.

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 of PPPs.

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 host a mix of residential, commercial and industrial use. The city center overflows with devotees on Sundays and Holy days that city streets are devoted to foot traffic. One of the pitfall effect of urbanization which could be solved with effective planning.

Quezon Tops PH Cities Annual Income for 2006

The city of Quezon has a land area of 166.20 square km. or 64.2 square miles with a population of 2,679,450 or a density of 16,114/km2 (41,735/sq mi). It is roughly the size of the municipality of Calabanga (163.84 sq. km.) in terms of land area.

PH Not RP is Philippines ISO Country Code

We are bound in some specific ways with generally accepted standards and norms in our daily lives. So with government and industry transactions and liaisons are done in standards that will facilitate and ease the orderly and non-confusing conduct of business.

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.

Annual Income of Bicol Cities and Provinces for 2006

But while Bicol LGUs earn millions (in pesos), it does not follow that the constituents are also that rich. On the contrary, not much has changed on more than majority of the people’s earnings and income. Many families are still below the poverty threshold level around the region. So that there is the strong contrast of the government awashed with money and the people stricken in poverty.

Traditional Earners Top Bicol Municipal LGU’s 2006 Income

For the fiscal year of 2006, 33 out of 107 Bicol municipal LGUs earned an income over and above the P50M mark. Camarines Norte capital town of Daet topped with an annual income of P158M followed by Albay’s premier town of Daraga. CamSur’s Pili earned P77M to place 6th. Catanduanes capital of Virac earned P65M for the 17th.

NCR Income Humbles Philippine Regions in 2005

To give us a broader and over-all picture of the total annual income of all LGUs, all provinces, all cities and all municipalities, would it be better if they are summed-up by region? So here it is, the table of consolidated income of all LGUs. This post finally closes the presentation on the 2005 income of Philippine towns, cities and provinces.

Premier Provinces of the Philippines in 2005

In our continuing presentation of the annual income of Bicol LGUs we take a look at how they compare in rank with others. The province of Rizal topped the list. Quite remarkable considering that many of its premier and urban towns were chopped from its jurisdiction when the National Capital region was created.

Billionaire Cities of the Philippines in 2005

There are similarities between the cities of Davao and Puerto Princesa. Both have large land area than any of the cities one can locate in the country. Same cities are outside of Metro Manila. Before, respective residents claim either of the two LGUs was the biggest in the Philippines in terms of territory covered. Checking their websites and Wikipedia recently, it seems that has been settled.

Rich Towns, Poor Towns of RP

They are the cream of an elite group unto themselves. If they are human, they could be living “la vida loca.” But since they are neither, then they could be comparable to virtual money machines, search engine optimized, sucks every single centavo that comes near their sphere.

Legazpi and Camsur Occupies Income Leads in 2005

Looking deep at the 2005 income of cities and provinces of Bicol this time, the trend is no different from previous years. The moneys earned stay more on the uptrend. The cities of Legazpi and Naga are truly rivals. Sorsogon may seem to occupy the third position now and the next years to come.

Daet Ranks 1st in 2005 Bicol Earnings

There is no stumbling block on the surge of Camarines Norte’s capital of Daet to the top of regional ranking by income of Bicol municipalities for the year 2005. Albay province’s top earner Daraga did not even take the second spot and was relegated to number 3. LGU Labo (again, of Camarines Norte) ranked second.

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.

Naga and CamSur Shows 2003 Earning Power

The province of Camarines Sur and the city of Naga lead the list of top earners in their category for three consecutive years of 2001, 2002 and 2003. The perennial seconders are Albay province and Legazpi city for the same reference periods.

Daraga Town Leads in Bicol 2003 Income

Positioned in rank #1 is Albay province’s premiere town of Daraga with annual income of P108,615,847. Daet, the capital town of Camarines Norte earned P79,165,000 and ranked 2nd. Another town of Camarines Norte, Labo, had annual earnings of P78,378,000 and ranked 3rd. Big town Libmanan of Camarines Sur with earnings of P71,331,958 was ranked 4rth.

Big CamSur Towns Top 2003 Earnings

On this post, we check out changes and performance of Camsur towns’ earnings and expenditures for 2003. 13 towns earned beyond P35M. Libmanan maintained its hold on the 1st rank followed by capital town Pili, then Buhi (from 5th on 2002). Calabanga stayed on 4rth. Tinambac has a “carry-over data” from 2002, at 6th.

Money Talks in RP Classification of LGUs

In the year 2005, another classification took effect. Municipalities earning P50M or more are now classified as 1st class; P40M or more but less than P50M are 2nd class; P30M or more but less than P40M are 3rd Class; P20M or more but less than P30M are 4rth Class; P10M or more but less than P20M are 5th class; and, Below P10M are 6th class.

What's Recommended

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) […]

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House extends validity of appropriations under calamity funds until end of 2014

MANILA — The House of Representatives on Monday approved on third and final reading Joint Resolution No. 7 extending the validity of appropriations under the calamity and quick response funds until Dec. 31, 2014. This includes those sourced from savings realigned in the current year, as well as all unobligated […]

Catanduanes receive PDAF Hot Money From Party-lists A-TEACHER and ALAGAD

As we qet more clear concept on how lawmakers dipped their hands into the Presidential Development Assistannce Fund, there will be more stories that will unravel. Here’s one for the province of Catanduanes, courtesy of the Party list representatives of A-Teacher and Alagad. Books as gardening manuals and worms for […]

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 […]

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 […]

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, […]

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 […]

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.

How CamSur Towns Fared On Their Annual Budget

We just got hold of information about income and expenditures of towns, cities and provinces. So this post begins a series related to that, and we will try to make the most logical presentation with analysis and comparison to better understand the data.

Call center employees in the PH receive low-end jobs

The news that the Philippines has overtaken India in the number of new hires in the call center industry has prompted a labor education NGO recently to warn industry stakeholders and the government against risking its workers’ welfare for the sake of such boom, or the projected boom up to 2016.

Daet Ranks 1st in 2005 Bicol Earnings

There is no stumbling block on the surge of Camarines Norte’s capital of Daet to the top of regional ranking by income of Bicol municipalities for the year 2005. Albay province’s top earner Daraga did not even take the second spot and was relegated to number 3. LGU Labo (again, of Camarines Norte) ranked second.

NCR Income Humbles Philippine Regions in 2005

To give us a broader and over-all picture of the total annual income of all LGUs, all provinces, all cities and all municipalities, would it be better if they are summed-up by region? So here it is, the table of consolidated income of all LGUs. This post finally closes the presentation on the 2005 income of Philippine towns, cities and provinces.

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 to repay the program’s loans.

Daraga Town Leads in Bicol 2003 Income

Positioned in rank #1 is Albay province’s premiere town of Daraga with annual income of P108,615,847. Daet, the capital town of Camarines Norte earned P79,165,000 and ranked 2nd. Another town of Camarines Norte, Labo, had annual earnings of P78,378,000 and ranked 3rd. Big town Libmanan of Camarines Sur with earnings of P71,331,958 was ranked 4rth.

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 […]

What's Throwback

Traditional Earners Top Bicol Municipal LGU’s 2006 Income

For the fiscal year of 2006, 33 out of 107 Bicol municipal LGUs earned an income over and above the P50M mark. Camarines Norte capital town of Daet topped with an annual income of P158M followed by Albay’s premier town of Daraga. CamSur’s Pili earned P77M to place 6th. Catanduanes capital of Virac earned P65M for the 17th.

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PH government sets up website for monitoring foreign aid for Yolanda survivors

The government has launched a website that allows the public to monitor the status of foreign aid for relief operations in super typhoon Yolanda-hit areas. Department of Budget and Management Undersecretary and Chief Information Officer Richard Moya said the initiative, called Foreign Aid Transparency Hub (FAiTH), may be accessed through […]

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. Rinconada’s Nabua made P73.2M and the third district town of Calabanga earned P72.6M.

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 […]

Legazpi and Camsur Occupies Income Leads in 2005

Looking deep at the 2005 income of cities and provinces of Bicol this time, the trend is no different from previous years. The moneys earned stay more on the uptrend. The cities of Legazpi and Naga are truly rivals. Sorsogon may seem to occupy the third position now and the next years to come.

Daet Tops Bicol Municipal LGUs on Income from Local Sources on FY2009

On this second installment on municipal LGUs focus is on the total non-tax revenue which consists of collections from regulatory fees (permit and licenses), service/user charges (service income), income from economic enterprises (business income) and other receipts (other general income). Daet of Camarines Norte earned the distinction to have topped […]

Annual Income of Bicol Cities and Provinces for 2006

But while Bicol LGUs earn millions (in pesos), it does not follow that the constituents are also that rich. On the contrary, not much has changed on more than majority of the people’s earnings and income. Many families are still below the poverty threshold level around the region. So that there is the strong contrast of the government awashed with money and the people stricken in poverty.

GSIS opens emergency loans for pensioners in areas hit by Typhoon Yolanda

BACOLOD CITY, Nov. 19 (PNA) — The state pension fund Government Service Insurance System is opening a window for emergency loans for its pensioners from the areas devastated by super typhoon “Yolanda,” including Negros Occidental, its chairman Daniel Lacson Jr. announced Tuesday. The EML for pensioners facility is being rushed […]

Call center employees in the PH receive low-end jobs

The news that the Philippines has overtaken India in the number of new hires in the call center industry has prompted a labor education NGO recently to warn industry stakeholders and the government against risking its workers’ welfare for the sake of such boom, or the projected boom up to 2016.