I recently met with a councilor, businessman, engineer, and banker over coffee. The engineer started by saying, “All business improvements that we see in towns and cities are the dreams of entrepreneurs and investors—they are not a result of political persuasion as politicians sometimes claim.” While the businessman agreed, the councilor just smiled. “When fast …
Monthly Archives: May 2019
The weird realities of elections
“The political process does not end on Election Day. Young people need to stay involved in the process by continuing to pay attention to the conversation and holding their leaders accountable for the decisions they make.” –Patrick Murphy For those who have been following political events in Iloilo City and the Western Visayas over …
SSS releases over P30.5B salary loans in 2018
State-run Social Security System (SSS) yesterday said more than P30.5 billion in salary loans were released in 2018 to over 1.8 million member-borrowers. SSS President and Chief Executive Officer Aurora C. Ignacio said that salary loan acquisition rose to 5.3 percent last year compared with the preceding year. “We are glad that we are able …
BDO leasing revenues up 2% in 1Q
BDO Leasing and Finance, Inc. (BDOLF) posted a two percent growth in gross revenues to P795 million in the first quarter (1Q) of 2019. However, margin compression resulting from the company’s short-term liabilities adjusting faster to higher interest rates vis-a-vis its lease receivables (which carry rates fixed for three to five years, dragged the bottom …
Toyota owners, celeb drivers race at the Vios Autocross Challenge
Toyota Motor Philippines (TMP) brought back waku-doki this year with a bigger and better motorsports program, the Vios Racing Festival. The country’s number one automotive brand started the festival this summer with the Vios Autocross Challenge on April 28, 2019, 9:00 a.m., at Block 16, Mall of Asia open grounds. Admission was free and many …
Duterte issues warning amid recent violence in Negros Occidental
By Dominique Gabriel G. Bañaga During a recent visit to Moises Padilla, where he attended a command conference with officials from the Commission on Elections, Philippine National Police (PNP), and Armed Forces of the Philippines (AFP), President Rodrigo Duterte delivered a speech where he issued a warning against those who interfere with the democratic …
Final vote counting machine testing, sealing in Iloilo City today
The Iloilo City Commission on Elections (Comelec) will be conducting the final testing and sealing of vote counting machines today beginning at 9:00 a.m. According to Iloilo City elections officer, Atty. Mavil Majarucon-Sia, a total of 388 machines, along with another 388 voters registration verification machines, have already been delivered to the city’s polling precincts. …
Bacolod City mayor, two others charged over P49M fuel purchase
Batapa-Sigue: The city gave undue advantage to fuel suppliers By Dominique Gabriel G. Bañaga Incumbent Bacolod City Mayor Evelio Leonardia, along with two other city officials, were indicted by the Office of the Ombudsman on four counts of violating the anti-graft and corrupt practices act. In a press conference, former Bacolod City Councilor …
LTO launches EB Magalona extension office
Ramos: The new location will ‘decongest’ the Bacolod City office By Dominique Gabriel G. Bañaga The Land Transportation Office (LTO) yesterday launched the LTO-EB Magalona Extension Office at the town’s session hall with LTO regional director Roland Ramos saying the new location seeks to decongest the Bacolod City office. He added, the original …
Around 800 Iloilo City inmates eligible to vote
According to Iloilo City elections officer, Atty. Mavil Majarucon-Sia, there are approximately 800 Iloilo City inmates eligible to vote in the upcoming midterm elections, set to take place on Monday, May 13. The Iloilo City Commission on Elections (Comelec) has since appointed special election boards to clustered precincts within the Bureau of Jail Management and …