.

Current Human Events & Stories

Camarines Sur Towns Earn More in 2002

This second post covers the year of 2002. Check out how towns, big and small, tumbled down in their rankings as others managed to stay on the top earning money and spending less. It is interesting to note how municipalities “played” with numbers in allocating tax money.

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.

What's Recommended

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 […]

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.

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 […]

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.

Camarines Sur Towns Earn More in 2002

This second post covers the year of 2002. Check out how towns, big and small, tumbled down in their rankings as others managed to stay on the top earning money and spending less. It is interesting to note how municipalities “played” with numbers in allocating tax money.

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 […]

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.

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.

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 […]

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.

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.

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.

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.

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.

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 […]

What's Throwback

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.

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 […]

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.

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 […]

Camarines Sur Towns Earn More in 2002

This second post covers the year of 2002. Check out how towns, big and small, tumbled down in their rankings as others managed to stay on the top earning money and spending less. It is interesting to note how municipalities “played” with numbers in allocating tax money.

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 […]

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 […]

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.