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Oton
Oton, officially the Municipality of Oton (; krj, Banwa kang Oton, hil, Banwa sang Oton, tgl, Bayan ng Oton), is a 1st class municipality in the province of Iloilo, Philippines. According to the 2020 census, it has a population of 98,509 people making it as the most populous town in the province and the entire Panay island. It is the second oldest Spanish settlement in the Philippines after Cebu, founded in 1566. Oton is a part of the Metro Iloilo–Guimaras area, centered on Iloilo City. History Ogtong, former name of Oton, was settled by Malays. A gold death mask from that period was unearthed in the 1960s in Barangay San Antonio. There was a mention of Oton in Yuan Dynasty records in the 1300s when Oton was called in Hokkien . The Spanish arrived in middle of 16th century and made Oton as Capital of Panay, Negros, and Romblon. From Oton as capital, Spanish missionaries spread the Catholic church in neighboring settlements such as Jaro, Iloilo, Tigbauan, Cordova, Al ...
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Iloilo City
Iloilo City, officially the City of Iloilo ( hil, Siyudad/Dakbanwa sang Iloilo; fil, Lungsod ng Iloilo), is a 1st class highly urbanized city in the Western Visayas region of the Philippines on the island of Panay. It is the capital city of the province of Iloilo, where it is geographically situated and grouped under the Philippine Statistics Authority, but remains politically independent in terms of government and administration. In addition, it is the center of the Iloilo–Guimaras Metropolitan Area, as well as the regional center and primate city of the Western Visayas region. According to the 2020 census, Iloilo City has a population of 457,626 people. For the metropolitan area, the total population is 1,007,945 people. Iloilo City is a conglomeration of former towns, which are now the geographical or administrative districts consisting of: Villa de Arevalo, Iloilo City Proper, Jaro (an independent city before), La Paz, Mandurriao, and Molo. The district of Lapu ...
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Metro Iloilo–Guimaras
Metropolitan Iloilo–Guimaras ( hil, Kaulohan nga Iloílo–Guimarás; fil, Kalakhang Iloílo–Guimarás), also shortened as Metro Iloilo–Guimaras or simply MIG, is a metropolitan area in the Visayas in the Philippines. It consists of the highly urbanized city of Iloilo City; the regional agro-industrial center of Pavia; the municipalities of Cabatuan, Leganes, Oton, San Miguel, and Santa Barbara; and the neighboring island province of Guimaras, with its five municipalities of Jordan, Buenavista, Nueva Valencia, San Lorenzo, and Sibunag. Metro Iloilo''–''Guimaras is the only officially recognized metropolitan area in the Western Visayas region. It is the second largest metropolitan area in the Visayas after Metro Cebu, being the center of trade and commerce in the region. In the 2020 census, it has a total population of 1,007,945 people and a total land area of . The Metro Iloilo''–''Guimaras Economic Development Council (MIGEDC) is the agency responsible for the ...
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Iloilo
Iloilo (), officially the Province of Iloilo ( hil, Kapuoran sang Iloilo; krj, Kapuoran kang Iloilo; tl, Lalawigan ng Iloilo), is a province in the Philippines located in the Western Visayas region. Its capital is the City of Iloilo, the regional center of Western Visayas. Iloilo occupies a major southeast portion of the Visayan island of Panay and is bordered by the province of Antique to the west, Capiz to the north, the Jintotolo Channel to the northeast, the Guimaras Strait to the east, and the Iloilo Strait and Panay Gulf to the southwest. Just off Iloilo's southeast coast is the island province of Guimaras, once part of Iloilo but now an independent province. Across the Panay Gulf and Guimaras Strait is Negros Occidental, occupying the northwestern half of the larger island of Negros. Iloilo City, its capital, is the center of the Iloilo–Guimaras Metropolitan Area or Metro Iloilo–Guimaras, and is geographically located in the province and is grouped under ...
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Economy Of The Philippines
The economy of the Philippines is the world's 32nd largest economy by nominal GDP according to the International Monetary Fund 2021 and the 12th largest economy in Asia, and the 3rd largest economy in the ASEAN after Indonesia and Thailand. The Philippines is one of the fastest-growing emerging markets, and the 3rd highest economy in Southeast Asia by nominal GDP, following Thailand and Indonesia. The Philippines is considered a newly industrialized country, which has an economy in transition from one based on agriculture to one based more on services and manufacturing. As of 2021, its GDP by purchasing power parity was estimated at $1.47 trillion, the 18th largest in the world. The country's primary exports include semiconductors and electronic products, transport equipment, garments, copper products, petroleum products, coconut oil, and fruits. Its major trading partners include Japan, China, the United States, Singapore, South Korea, the Netherlands, Hong Kong, German ...
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Cebu City
Cebu City, officially the City of Cebu ( ceb, Dakbayan sa Sugbo; fil, Lungsod ng Cebu; hil, Dakbanwa sang Sugbo), is a 1st class Cities of the Philippines#Legal classification, highly urbanized city in the Central Visayas Regions of the Philippines, region of the Philippines and capital of the Cebu, Cebu Province. According to the 2020 census, it has a population of 964,169 people, making it the sixth-most populated city in the nation and the most populous in the Visayas. It is the regional center of Central Visayas and seat of government of the province of Cebu, but governed separate from the province. The city and its Metro Cebu, metropolitan area exert influence on commerce, trade, industry, education, culture, tourism, and healthcare beyond the region, over the entire Visayas and partly over Mindanao. It is the Philippines' main domestic shipping port and is home to about 80% of the country's domestic shipping companies. Cebu City is bounded on the north by the town o ...
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Philippine Province
In the Philippines, provinces ( fil, lalawigan) are one of its primary political and administrative divisions. There are 82 provinces at present, which are further subdivided into component cities and municipalities. The local government units in the National Capital Region, as well as independent cities, are independent of any provincial government. Each province is governed by an elected legislature called the Sangguniang Panlalawigan and an elected governor. The provinces are grouped into seventeen regions based on geographical, cultural, and ethnological characteristics. Thirteen of these regions are numerically designated from north to south, while the National Capital Region, the Cordillera Administrative Region, the Southwestern Tagalog Region, and the Bangsamoro Autonomous Region in Muslim Mindanao are only designated by acronyms. Each province is a member of the League of Provinces of the Philippines, an organization which aims to address issues affecting provi ...
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Municipality Of The Philippines
A municipality ( tl, bayan/munisipalidad; hil, banwa; ceb, lungsod/munisipalidad/munisipyo; pag, baley; pam, balen/balayan; bcl, banwaan; war, bungto/munisipyo; ilo, ili) is a local government unit (LGU) in the Philippines. It is distinct from ''city'', which is a different category of local government unit. Provinces of the Philippines are divided into cities and municipalities, which in turn, are divided into barangays (formerly barrios) – ''villages''. , there are 1,488 municipalities across the country. A municipality is the official term for, and the official local equivalent of, a town, the latter being its archaic term and in all of its literal local translations including Filipino. Both terms are interchangeable. A municipal district is a now-defunct local government unit; previously certain areas were created first as municipal districts before they were converted into municipalities. History The era of the formation of municipalities in the Philippines st ...
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Crime Index
Crime statistics refer to systematic, quantitative results about crime, as opposed to crime news or anecdotes. Notably, crime statistics can be the result of two rather different processes: * scientific research, such as criminological studies, victimisation surveys; * official figures, such as published by the police, prosecution, courts, and prisons. However, in their research, criminologists often draw on official figures as well. Methods There are several methods for the measuring of crime. Public surveys are occasionally conducted to estimate the amount of crime that has not been reported to police. Such surveys are usually more reliable for assessing trends. However, they also have their limitations and generally don't procure statistics useful for local crime prevention, often ignore offenses against children and do not count offenders brought before the criminal justice system. Law enforcement agencies in some countries offer compilations of statistics for various types ...
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Languages Of The Philippines
There are some 120 to 187 languages spoken in the Philippines, depending on the method of classification. Almost all are Malayo-Polynesian languages native to the archipelago. A number of Spanish-influenced creole varieties generally called Chavacano are also spoken in certain communities. The 1987 constitution designates Filipino, a standardized version of Tagalog, as the national language and an official language along with English. Filipino is regulated by Komisyon sa Wikang Filipino and serves as a '' lingua franca'' used by Filipinos of various ethnolinguistic backgrounds. On October 30, 2018, President Rodrigo Duterte signed into law Republic Act 11106, which declares Filipino Sign Language or FSL to be the country's official sign language and as the Philippine government's official language in communicating with the Filipino Deaf. While Filipino is used for communication across the country's diverse linguistic groups and in popular culture, the government operates m ...
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Liability (financial Accounting)
In financial accounting, a liability is defined as the future sacrifices of economic benefits that the entity is ''obliged'' to make to other entities as a result of past transactions or other ''past'' events, the settlement of which may result in the transfer or use of assets, provision of services or other yielding of economic benefits in the future. Characteristics A liability is defined by the following characteristics: * Any type of borrowing from persons or banks for improving a business or personal income that is payable during short or long time; * A duty or responsibility to others that entails settlement by future transfer or use of assets, provision of services, or other transaction yielding an economic benefit, at a specified or determinable date, on occurrence of a specified event, or on demand; * A duty or responsibility that obligates the entity to another, leaving it little or no discretion to avoid settlement; and, * A transaction or event obligating the entity t ...
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Expenditure
An expense is an item requiring an outflow of money, or any form of fortune in general, to another person or group as payment for an item, service, or other category of costs. For a tenant, rent is an expense. For students or parents, tuition is an expense. Buying food, clothing, furniture, or an automobile is often referred to as an expense. An expense is a cost that is "paid" or " remitted", usually in exchange for something of value. Something that seems to cost a great deal is "expensive". Something that seems to cost little is "inexpensive". "Expenses of the table" are expenses for dining, refreshments, a feast, etc. In accounting, ''expense'' is any specific outflow of cash or other valuable assets from a person or company to another person or company. This outflow is generally one side of a trade for products or services that have equal or better current or future value to the buyer than to the seller. Technically, an expense is an event in which a proprietary stake is dimi ...
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Internal Revenue Allotment
The Internal Revenue Allotment (IRA) is a local government unit’s (LGU) share of revenues from the Philippine national government. Provinces, independent cities, component cities, municipalities, and barangays each get a separate allotment. The allotment is largely based upon the type of government they are and a formula based upon their land area and population. Section 284 of the Local Government Code of the Philippines (RA 7160) sets up the formula for the distribution of the allotment. All or nearly all of the revenue that a local government has to spend comes from their IRA, though some local governments also have additional local sources of revenue such as property taxes and government fees. Typically for municipalities, the IRA accounts for 90% of total revenues. Since cities have more sources of local revenues, their IRA ranges from 50% to 70% of their total budget. A portion of each local government unit's allotment is set aside their Sangguniang Kabataan S ...
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