Articles worth reading
Taguig City Mayor Lino Cayetano

Taguig readies facilities for vaccination

account_balanceTaguig access_time4 days ago

Taguig Mayor Lino Cayetano announced that the city is already setting up four mega-quarantine vaccination centers and 40 community centers for the rollout of the government's coronavirus disease 2019 (Covid-19) vaccination program, according to a...

Sungjae Im of Korea walks off the tenth hole during the pro-am tournament prior to the Sony Open at Waialae Country Club on January 13, 2021 in Honolulu, Hawaii. Cliff Hawkins/Getty Images/AFP

Im shoots 65 to seize PGA lead in California desert

account_balanceMetro Manila access_time5 days ago

South Korea’s Im Sung-jae, a Masters runner-up last year, fired a bogey-free seven-under par 65 to grab a one-stroke lead after Friday’s second round of the US PGA American Express tournament. The 22-year-old Asian star stood on 11-under...

Matthew Wolff was assessed a one-stroke penalty from Thursday%u2019s opening round of The American Express. (Sean M. Haffey/Getty Images)

Wolff assessed penalty a day later

account_balanceMetro Manila access_time4 days ago

On Friday, Matthew Wolff was assessed a one-stroke penalty from Thursday’s opening round of The American Express for violation of Rule 9.4b (Ball Lifted or Moved by You – Penalty for Lifting or Deliberately Touching Your Ball or Causing i...

Makati News

Makati Skyline

Makati listed as richest city with P230 billion in assets

account_balanceMakati News account_circlePaulo Rodriguez chat_bubble_outline0 Comments

Makati remains the country’s richest city with P230.83 billion in total assets in 2018, higher by P34.26 billion from its 2017 wealth of P196.57, according to the Commission on Audit (COA).

In its 2018 Annual Financial Report for Local Government, COA said Quezon City maintained its second place position with P87.28 billion in total assets, while Manila is in third place with P40.71 billion assets.

Among provinces, Cebu remains the richest with P34.14 billion in total assets in 2018, which is P100 million over the 2017 record of P34.13 billion.

Advertisement

Behind it at second place is mineral-rich Compostela Valley with P19.61 billion in assets, followed by Batangas with P18.18 billion.

Cainta in Rizal province maintained the top spot in the municipality level in 2018 with P4.4 billion in total assets. It gained P300 million from its 2017 COA record.

The Municipality of Mariveles in Bataan dislodged Sual, Pangasinan, as the second richest town with P3.01 billion. Sual is now in third place with P2.8 billion assets.

COA said 2017 third placer, Limay, Bataan, was dislodged from the top 10 richest municipality.

Among the cities, only Cebu with P33.88 billion in summed up assets and President Duterte’s hometown Davao City with P16.2 billion are not from Luzon. Cebu placed fifth while Davao is No. 9.

Other cities that entered the top 10 richest were: 4. Pasig, P38.98 billion; 6. Taguig, P24.53 billion; 7. Caloocan, P18.38 billion; 8. Pasay City, P18.278; and 10. Calamba, P12.6 billion.

Making it to the top 10 richest provinces were Rizal, Bukidnon, and Negros Occidental, with P14.44 billion each; Laguna, P11.58 billion; Iloilo, P11.44 billion; Palawan, P11.277 billion, and Zambales, P11.24 billion.

Other municipalities that gained assets to be considered among the top 10 richest were Sto. Tomas, Batangas, P2.56 billion; Binangonan, Rizal, P2.2 billion; Caluya, Antique, P2.16 billion; Tanay, Rizal, 2.01 billion; Carmona, Cavite, P1.96 billion; Silang, Cavite, P1.9 billion and Calaca, Batangas, P1.87 billion.


date_rangeDate Published
1 year ago
shareShare article
folder_openArticle tags
content_copyCategorized under

Share your thoughts with us

Related Articles

Rainier Eubra

Jojo Binay asks authorities to treat vendors with compassion

account_balanceMakati chrome_reader_mode4 days ago

Former Vice President Jejomar C. Binay has urged authorities to exercise “leniency and compassion” in their sidewalk clearing operations after a video showing local enforcers mauling a sidewalk vendor went viral. Binay, who is also a fou...

Makati distributes 72-hour emergency kits to over 8,000 employees 

account_balanceMakati chrome_reader_mode5 days ago

On the orders of Makati Mayor Abby Binay, the city government has distributed free emergency kits to some 8,232 city hall employees and detailed national agency personnel to boost their resilience and ensure uninterrupted public service when disaster...

Makati City Mayor Abigail Binay / Makati PIO

Binay asks Makati residents to trust vaccines

account_balanceMakati chrome_reader_mode2 hours ago

Makati City Mayor Abigail Binay on Wednesday urged her constituents to trust the national government’s efforts to come out with the best coronavirus disease 2019 (Covid-19) vaccination program, according to a report by Philippine News Agency. ...

The struggles in 2020 of the casino industry in the Philippines

account_balanceMetro Manila chrome_reader_mode4 months ago

Do you want to learn more about the challenges and predictions for the gambling industry in the Philippines? Find all answers in this article!

Let's Stay Connected Like us on our Facebook page.
×
Click on the article to continue reading
Quezon City adopts no contact apprehension system Red Cross pushes saliva test Vaccines from COVAX to arrive in Q1 Makati Shangri-La to close doors on Feb. 1 Cities in NCR to start vaccination simultaneously Mother, girlfriend of Filipino infected with UK variant also test positive Send Press Release MNC Facebook Page MNC Twitter Page MNC Instagram Page LGU Spotlight Barangay Front Business Sports Entertainment Metro Gen Metro Feature