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The latest report on the performance of the different regions of the country shows that the Central Visayas Region grew by 7.6 percent in 2018 in real terms at constant 2000 prices, up from 5.2 percent in…
In the 2000 Census, the Municipality Dalaguete in the province of Cebu had a total household population of 49,113 aged five years old or higher. Of these, only 5,895 or 12.01 percent had post-secondary or higher…
Fiscal prudence requires that government, whether local or national, is constraint to raising taxes, expenditures, deficits, debts, and other liabilities only within affordable and sustainable limits. Fiscal prudence goes with the responsibility of the local government units…
No one country has all the necessary resources or capacity to satisfy the need of their own people. However, by developing and exploiting their domestic resources, one country can produce a surplus, and trade them for the…
The Philippine Statistics Authority (PSA) recently reported the country’s official poverty statistics for the first semester of 2018. This report provides the estimates of poverty incidence using income data from the first visit of the Family Income…
Cebu was known to be a thriving entrepôt even before Magellan came in 1521. When he arrived in Cebu, the chieftain demanded tribute for his landing like what was done with other foreign vessels that came…
Beginning next week when April comes, SSS member’s contributions will increase by one percentage point to 12 percent of the credited salary, 8 percent to come from employers, and 4 percent from the employee. The maximum credited…
Again, if there is anything that most poor people must have in order to prosper in life, it is a good paying and secure job. Very few of them are prepared to go into business for lack…
The Bangko Sentral ng Pilipinas’ (BSP) objective in increasing its policy interest rate by 1.75 percent overall from 3.0 percent in 2017 to 4.75 percent in 2018 was to bring down the inflation rate. How much of…
To coordinate and direct the development of Metro Cebu, the Central Visayas Regional Development Council (RDC VII) created in the 1990s the Metro Cebu Development Council (MCDC). Misunderstanding about the role of the council, led to its…
If there is anything that most ordinary people must have in order to prosper in life, it is to have a good paying and secure job. Paid work, according to the World Employment and Social Outlook…
For the poor regions, like those in Mindanao, development means overcoming widespread poverty and unemployment achieved through faster economic growth and the redistribution of income in favor of the poor to make their people live comfortably…
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