What's News

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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 […]

Philippines hosting the 35th ASEAN Tourism forum for P169 million

The good news here is that the Philippine Department of Tourism is hosting the ASEAN Tourism Forum from Jannuary 18th up to the 22nd of this year. The other half of the news is way different. After the government foot the bill of P10 billion APEC summit last November 2015, […]

These 4 Big road projects will add traffic congestion in Metro Manila

Study shows that for a mega-city comparable to Metro Manila, 25 percent of the total land area should be allotted for roads which should be 8,000 kilometers. But based on Metro Manila Development Authority’s records, the National Capital Region has only 5,000 kilometers of road network, way far from the […]

P336.8-M funding, contracts for three river irrigation systems signed

Three huge National Irrigation Administration projects worth P336,845,505.73 is underway for Ilocos Norte, Bukidnon and Davao Del Sur. The amount is earmarked to rehabilitate, improve irrigation systems and fund the construction of irrigators’ association support facilities. The finalized project contracts under the National Irrigation Sector Rehabilitation and Improvement Project (NISRIP) […]

This is the #101 of billionaire, also poor provinces of the Philippines

Billionaire provinces. Of the 81 provinces of the Philippines, 12 earned a regular annual income for fiscal year 2014 of P2 billion and above. Bulacan led the pack among the 9 provinces of Luzon, Visayas (Cebu and Negros Occidental) and Mindanao (Bukidnon). Twenty eight provinces earned between P1-billion and P1.9-billion […]

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 […]

73 Provinces to get road rehab funds for P6.5-B in 2016 GAA

The Philippine government has appropriated P6.5 billion in the 2016 General Appropriation Act (GAA) for the rehabilitation and upgrading of provincial roads in 73 provinces. The Department of Budget confirmed the allocation of funds is performance-based with the recipient provinces chosen on compliance with good governance standards. Dubbed KALSADA (Konkreto […]

List: 34 Bicol towns breach P100-M annual regular income in FY2014

34 Bicol towns surpass the P100-Million annual regular income for 2014. For fiscal year ending December 2014, of the 107 Bicol towns, 34 breached the P100-million mark in their annual regular income. The first five local government units include the mining town of Aroroy (Masbate), Daraga (Albay), Labo (CamNorte), Daet […]

SSS allots P6-B 13th month December bonus for pensioners

The Social Security System (SSS) has earmarked a total of P6.34 billion for the 13th month pensions of over two million pensioners for retirement, disability and death which is scheduled for release to the pensioners’ bank accounts and via mail this December. System Vice President for Benefits Administration Division Agnes […]

House approves salary increase of 1.53 million state employees

The House of Representatives approved on third and final reading on Wednesday the proposed Salary Standardization Law (SSL) for 1.53 million state workers. The measure, House Bill No. 6268, provides the compensation package composed of a salary increase, a mid-year 14th month pay, and an enhanced performance-based bonus (PBB) system. […]

Senate-House Bicameral conference committee okays P3.002-trillion 2016 national budget

Bicameral conference committee okays proposed 2016 national budget. The proposed 2016 national budget on Wednesday was approved ahead of schedule by members of the bicameral conference committee. The consolidated report, which contains the details of next year’s P3.002-trillion budget, is expected to be ratified by both chambers on or before […]

What's Recommended

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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 […]

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 […]

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.

Bicol Towns Heavily Dependent on IRA in 2008

The Bicol country has a myriad of towns, big and small in terms of land area and population.  These municipal local government units can also be grouped according to their income and total dependence on internal revenue allotment.  Without the allocation, some, if not many, may have gone the way […]

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 […]

PNP sacks budget officer on delayed release of food provision

Espina sacks budget officer over delayed disbursement of food provisions for COPS. MANILA, Jan. 24 — Philippine National Police officer-in-charge, currently Deputy Director General Leonardo A. Espina, approved Friday the administrative relief of a police budget officer over allegations of delayed disbursement of food provisions for PNP personnel deployed for […]

18 Bicol Towns Were Less Dependent on IRA in 2008

Of the 107 Bicol towns, 18 received an IRA that ranged from the low of 52.32% to 79.24% of their gross annual income. Libon of Albay was the least IRA dependent with 52.32% at P74,015,836. Bear in mind any percentage of share on the national government allocation of internal revenue […]

Bicol Headline News with Ginger August 17, 2013 Edition

Rush Transcript: Cbanga360 News and Public Affairs’ Bicol Headline News with Ginger, August 17, 2013 edition. Lupi Camarines Sur was listed among the beneficiaries of the P900 million Malampaya fund, supposedly given to farmer-beneficiaries under the Department of Agrarian Reform. The fund is part of the alleged, P10 billion government […]

CBSUA engineer gets P247-K grant for water lily harvester

CBSUA engineer gets P247-K grant for water lily harvester Bicolano engineer Joel Sadol has been commissioned by the Department of Science and Technology for the fabrication of an improved water hyacinth harvester seen to benefit local fisher folk and handicraft makers in Camarines Sur. The grant of P247,000 for Engr. […]

What's Throwback

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.

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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 […]

Legazpi City is Set to Construct P80-M Hospital in Reclamation Area

The city government of Legazpi is set to put up an P80-million hospital in a 3,000-square-meter site at the reclamation area. Health officials believe the site is conducive to health, being at a prime coastal location and near the city center. The project will start next year, ahead of the […]

Philippines hosting the 35th ASEAN Tourism forum for P169 million

The good news here is that the Philippine Department of Tourism is hosting the ASEAN Tourism Forum from Jannuary 18th up to the 22nd of this year. The other half of the news is way different. After the government foot the bill of P10 billion APEC summit last November 2015, […]

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.