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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 […]

PPP hybrid formula to fast track implementation of road projects in Luzon

The fiscal administration under President Rodrigo Duterte is boasting of its makeover of the Public-Private Partnership (PPP) program with the adoption of a “new” approach to fast-track the implementation of two road projects in Luzon. Finance Secretary Carlos Dominguez III said that under the hybrid PPP formula, the government selects, […]

Senator Honasan, 9 others face graft raps for P29-M PDAF scam

Senator Gregorio Honasan II and nine others are seen to face graft charges for alleged involvement in the P29-1 million Priority Development Assistance (PDAF) scam. Ths was learned as Ombudsman Conchita Carpio Morales has ordered the filing of charges against the senator for two counts of violation of the “Anti-Graft […]

Last pillar for LRT line 2 extension to Antipolo nears completion

Construction of the last pillar for the Light Rail Transit (LRT) Line 2 extension up until Masinag Junction in Barangay Masinag of Antipolo City is nearing completion. The extension that connects with the Santolan station in Pasig City to Masinag covers 3.9 kilometers of elevated guideway. After Santolan, two stations […]

This is GMA’s reaction on her newfound freedom courtesy of the SCOTP

Free at last! That could be one of the first liners former President Gloria Macapagal Arroyo may have said after the Supreme Court of the Philippines (SCOTP) dismissed the case that stemmed from the alleged misuse of the P366-million confidential intelligence fund of the Philippine Charity Sweepstakes Office (PCSO) during […]

DOTC confirms approval of new fund for Bicol airport construction

Fund for the construction of the much delayed project of Bicol International Airport was already approved by the Department of Transportation and Communications. According to Albay Gov. Joey Salceda, DOTC Secretary Abaya called him up last Friday that the P780-million fund for the project has already been awarded. The now […]

More indigent senior citizens getting P6K annual pension

More indigent senior citizens of the country are getting P6,000 yearly pension from the Philippine government as one of its poverty alleviation program is poised to add into coverage 443,332 new beneficiaries. Qualified to receive the P500 monthly dole out under the law are senior citizens who are frail, sickly, […]

P171-B south line of North South Railway Project has 5 bidders

Big money projects under the government’s Public Private Partnership program is a crowd drawer among investors. The P171-billion South Line of the North South Railway Project (NSRP) under the public-private partnership (PPP) program has attracted five firms already. Leading the pack of parties interested include Ayala Corp., Metro Pacific Investments […]

What's Rising

Palace mum on latest SC decision on DAP

Palace mum on latest SC decision on DAP MANILA, Feb. 4 — Malacanang officials declined to comment on the latest decision of the Supreme Court (SC) regarding the Disbursement Acceleration Program (DAP) saying they have not received a copy of the decision. Communications Secretary Coloma stressed that there is a […]

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President Aquino pursues trip to Korea, leaves this morning

MANILA, Dec. 11 — Whoever thought that the president will miss the opportunity of going out of the country for that tempting ASEAN-SK commemorative summit? Many got it wrong, thinking that President Benigno S. Aquino III would rather be in the country and look after the pressing needs or issues […]

Legazpi LGU Earns the Most Among Bicol Cities in FY2009

The local government unit of Legazpi city in Albay proved a notch better than Bicol’s only independent component city of Naga when it grossed higher in its total operating income for fiscal year 2009 by a margin of P31,291,467. Other local cities income rank in order from high to 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 […]

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Throwback

Legazpi LGU Earns the Most Among Bicol Cities in FY2009

The local government unit of Legazpi city in Albay proved a notch better than Bicol’s only independent component city of Naga when it grossed higher in its total operating income for fiscal year 2009 by a margin of P31,291,467. Other local cities income rank in order from high to the […]

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P-Noy off to Singapore on Nov. 18

MANILA, Nov. 17– Another one of those presidential trips, this time it is to Singapore. President Benigno S. Aquino III will travel to Singapore to serve as keynote speaker at The Economist’s The World in 2015 Gala Dinner tomorrow, November 18. This is the first time that a Philippine president […]

P13.1-billion Southern Luzon Expressway extension project briefing held

TIAONG, Quezon, March 24 — The briefing on the P13.1-billion Southern Luzon Expressway-Toll Road 4 (SLEX-TR4) extension project was held here with President Benigno S. Aquino, III in attendance. The 58-kilometer project will link Sto. Tomas, Batangas all the way to Lucena, Quezon. The four-lane project, which was mandated under […]

Mactan-Cebu airport get award for best transport deal in Asia Pacific

The Mactan-Cebu International Airport (MCIA) Terminal Passenger Building project, has received an international recognition from a reputable press institution. Thomson Reuters’ Project Finance International (PFI) hailed the public-private parnership project that was awarded to GMR Infrastructure and Megawide Consortium as the “2015 Best Transport Deal” in Asia-Pacific (APAC) last December […]

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.

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