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Human Events Stories

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.

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.

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

DBM explains, justifies funding issues of proposed Bangsamoro entity

MANILA, March 16 — Speaking on the funding issues surrounding the proposed Bangsamoro region, Department of Budget Secretary Florencio Abad said, “We must consider the prevailing conditions in the current Autonomous Region in Muslim Mindanao (ARMM). The region requires strong and consistent funding support to lift it out of poverty.” […]

P-Noy spends P11.2-M for 2-day Korea trip

The Philippines is spending P11.2 million for the 2-day visit of President Benigno S. Aquino III to South Korea. The amount will cover transportation, accommodation, food, and equipment expenses. The president is attending the 25th Association of South East Asian Nations and Republic of Korea commemorative summit in the city […]

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.

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 […]

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 […]

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, […]

P170.7-B North-South railway project- South Line to boost Bicol economy

MANILA, April 10 –The P170.7-B North-South railway project- South Line to boost Bicol economy. The Bicol region will get the needed business and economic upliftment in the proposed P170.7 billion North-South Railway Project- South Line. Once completed, it is seen to considerably shorten the travel time from Manila to the […]

ARMM spending package for 2015 tops P24-B

PASAY CITY, Nov 29 — The Autonomous Region for Muslim Mindanao (ARMM) is getting a bigger spending package envisioned to respond to the needs of the community and push the much-needed development in the region, according to Senator Francis Escudero. An increase of 24-percent to P24 billion has been allotted […]

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 […]

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.

Cebu is richest province with P28.181-B equity in 2014

The Commission on Audit on its 2014 annual financial report has tagged Cebu the richest province of the country. Cebu has an equity of P28.181 billion. Cebu Governor Hilario Davide III said he was glad about the province doing well in equity and assets based on the report. “Well, that […]

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.

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 […]

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 […]

What's Throwback

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 […]

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 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 […]

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 […]

DPWH begins construction of P240-M Legazpi boulevard extension, wall

The presence of earth movers, heavy engineering equipments, signals the start of construction of the Legazpi boulevard extension along the northern coastline of the city that will serve also as a sea wall. The P240 million project of the national government is under the auspices of the Department of Public […]

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, […]

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.

DSWD provides capital assistance to Calabanga senior citizens federation

A federation of senior citizens in the municipality of Calabanga in Camarines Sur is a recipient of a P1 million investment capital assistance from the regional office of the Department of Social Welfare and Development. The fund will be earmarked to finance the opening of a drug store in the […]

Ombudsman to garnish Estrada’s P183.79-M ill-gotten wealth

Ombudsman to garnish Estrada’s P183.79-M ill-gotten wealth The Ombudsman on Thursday moves to garnish P183.79-M alleged ill-gotten wealth of Senator Jinggoy Estrada. The Office of the Ombudsman filed before the Sandiganbayan a motion “necessary to protect the interests of the State and to prevent the removal, concealment and disposition of […]